Global Blood Collection Market Share Is Likely To Reach At A CAGR Value Of Around 5.07 % By 2028

02-Jun-2022 | Facts and Factors

According to Facts and Factors, the global blood collection market was valued at USD 5.09 billion in 2021 and is predicted to increase at a CAGR of 5.07% to USD 7.01 billion by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

The growing number of surgical procedures conducted in hospitals is driving the global blood collection industry. Patients enduring chemotherapy, dialysis, organ and tissue transplantation, and difficult procedures benefit from blood collection products. The increasing prevalence of chronic and lifestyle diseases as a result of sedentary lifestyles has also forced a higher devotion to regular health exams. This has increased the demand for blood collection as the primary method of illness diagnosis.

Browse the full “Blood Collection Market By Product (Blood Collection Tubes, System Type, Needles & Syringes, Blood Bags, Blood Collection Systems/Monitors, Lancets), By Application (Diagnostics, Therapeutics), By Method (Manual Blood Collection, Automated Blood Collection), By End-User (Hospitals, Ambulatory Surgical Centers & Nursing Homes, Diagnostic & Pathology Laboratories, Blood Banks, Others), and By Region - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast 2022 – 2028"  report at https://www.fnfresearch.com/blood-collection-market

Aside from that, governments in numerous countries are taking steps to increase the number of blood donors and raise awareness about the necessity of blood donation in the middle of the coronavirus pandemic (COVID-19). During the epidemic, such activities are pushing the worldwide blood collection industry. Furthermore, technical developments in blood collection are facilitating market expansion. Other factors, such as an increase in the number of accidents and the adoption of preventative care and diagnostics among individuals, are likely to boost the market growth. Capital investments in automated blood collection utilizing apheresis systems are quite significant for blood banks when compared to the whole-blood collection. This could stymie the market's expansion.

Segmental Overview

In terms of end-users, over the forecast period, hospitals, ASCs, and nursing homes held the greatest proportion of the blood collection devices market. The rising prevalence of infectious diseases, as well as an increase in the number of trauma cases, C-sections, and organ transplants, have all contributed to an increase in the demand for blood collection equipment and devices in hospital settings.

In terms of application, during the analysis time, the diagnostics section will expand significantly. The increasing prevalence of chronic diseases such as diabetes, cardiovascular disease, and cancer hastens segmental advancement. Furthermore, rising public awareness of the importance of regular health check-ups fuels the overall growth of the blood collection industry.

Regional Overview

North America had the greatest market share in the study, which can be ascribed to the rising demand for blood collection products. The key drivers of market expansion are an increase in the number of traffic accidents and an increase in the prevalence of chronic illnesses. Factors such as the increased prevalence of lifestyle illnesses and the rising incidence of blood disorders improved healthcare facilities, and the presence of prominent manufacturers in the region are driving the growth of the North American blood collection equipment market. With the COVID-19 impact being the greatest in the United States, the area anticipates strong market growth during the projected period.

Report Scope

Competitive Landscape

The report contains qualitative and quantitative research on the global Blood Collection Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

List of Key Players in the Global Blood Collection Market:

• Becton, Dickinson and Company (US)
• Haematonics (US)
• Terumo BCT (US)
• Fresenius Kabi AG (Germany)
• Grifols, S.A. (Spain)
• Nipro Medical Corporation (Japan)
• Greiner Holding (Austria)
• Quest Diagnostics (US)
• SARSTEDT AG & Co. (Germany)
• Macopharma (France)
• Smiths Medical (US)
• Cardinal Health (US)
• Retractable Technologies (US)
• Liuyang Sanli Medical Technology Development (China)
• F.L. Medical S.R.L (Italy)
• AB Medical (South Korea)
• APTCA SPA (Italy)
• Jiangsu Micsafe Medical Technology CO.
• LTD. (China)
• Disera Tibbi Malzeme Lojistik Sanayi Ve Ticaret A.Þ (Turkey)
• Ajosha Bio Teknik Pvt. Ltd. (India)
• PreQ Systems (India)
• CML Biotech (India)
• Lmb Technologie GmbH (Germany)
• Mitra Industries Private Limited (India)
• Neomedic Limited (UK)

The global blood collection market is segmented as follows:

By Product

• Blood Collection Tubes
• System Type
• Needles & Syringes
• Blood Bags
• Blood Collection Systems/Monitors
• Lancets

By Application

• Diagnostics
• Therapeutics

By Method

• Manual Blood Collection
• Automated Blood Collection

By End-User

• Hospitals,
• Ambulatory Surgical Centers & Nursing Homes
• Diagnostic & Pathology Laboratories
• Blood Banks
• Other End Users

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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