Global Blood Collection Devices Market, By Product (Blood Collection Tubes, Plasma/Whole-Blood Tubes, EDTA Tubes, Heparin Tubes, Coagulation Tubes, Glucose Tubes, ESR Tubes, Serum Tubes, System Type, Vacuum Tubes, Non-Vacuum Tubes, Needles and Syringes, Blood Bags, Blood Collection Systems/Monitors, Lancets), Method (Manual Blood Collection, Automated Blood Collection), Application (Diagnostics, Treatment), End-User (Hospital, Blood Bank Center, Academics, Home Care), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Blood Collection Devices Market
The blood collection devices market is expected to witness market growth at a rate of 6.16% in the forecast period of 2021 to 2028. Data Bridge Market Research report on blood collection devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing incidence of infectious diseases is escalating the growth of blood collection devices market.
Blood collection refers to a process of taking blood samples from the donor to perform laboratory diagnostic tests in the course of treatment of patients. This process is considered as an important part of the blood management procedure in hospitals and blood banks centers.
The rise in the prevalence of infectious diseases and increase in the rate of accident and trauma cases and non-communicable diseases act as one of the major factors driving the growth of blood collection devices market. The growing mortality cases of age group 30 to 69 years due to the occurrence of non-communicable diseases increase in the number of research and development activities in biotechnology sector accelerate the blood collection devices market growth. The increasing rate of blood-borne diseases, hematological diseases including blood cancer, anemia, sickle cell anemia and thalassemia and transfusion transmissible infections and the high usage for chemotherapy, complex surgeries, dialysis and organ or tissue transplantation procedures further influence the blood collection devices market. Additionally, rising demand for advanced instruments, enhanced healthcare infrastructure, research and development activities and growth in awareness among population regarding diseases and early diagnosis positively affect the blood collection devices market. Furthermore, increasing demand for apheresis, advancements in blood collection such as micro sampling and dried blood sampling and technological advancements in blood collection procedures and products extend profitable opportunities to the blood collection devices market players in the forecast period of 2021 to 2028.
On the other hand, high costs associated with the automated blood collection devices is expected to obstruct the blood collection devices market growth. Complexities of storage and shipping and lack of skilled professionals are projected to challenge the blood collection devices market in the forecast period of 2021 to 2028.
This blood collection devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on blood collection devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Blood Collection Devices Market Scope and Market Size
The blood collection devices market is segmented on the basis of product, method, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the blood collection devices market is segmented into blood collection tubes, plasma/whole-blood tubes, EDTA tubes, heparin tubes, coagulation tubes, glucose tubes, ESR tubes, serum tubes, system type, vacuum tubes, non-vacuum tubes, needles and syringes, blood bags, blood collection systems/monitors and lancets.
- On the basis of method, the blood collection devices market is segmented into manual blood collection and automated blood collection.
- On the basis of application, the blood collection devices market is segmented into diagnostics and treatment.
- On the basis of end-user, the blood collection devices market is segmented into hospital, blood bank center, academics and home care.
Global Blood Collection Devices Market Country Level Analysis
The blood collection devices market is analyzed and market size insights and trends are provided by country, product, method, application and end-user as referenced above.
The countries covered in the blood collection devices market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the blood collection devices market because of the increasing research and development activities, well-developed healthcare infrastructure, focus on clinical research and adoption of innovative and advanced technology among consumers. Asia-Pacific is estimated to witness the highest growth in the forecast period of 2021-2028 due to the rising disposable income, growing presence of leading manufacturers and rise in prevalence of sepsis and HAI in the region.
The country section of the blood collection devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The blood collection devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for blood collection devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the blood collection devices market. The data is available for historic period 2011-2019.
Competitive Landscape and Blood Collection Devices Market Share Analysis
The blood collection devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blood collection devices market.
The major players covered in the blood collection devices market report are Abbott, Medtronic, BD, Terumo Corporation, NIPRO, QIAGEN, Medical s.r.l., TERUMO BCT, INC., Fresenius Kabi AG, Grifols, S.A, Micsafe SARSTEDT AG & Co. KG, Retractable Technologies, Inc., FL MEDICAL s.r.l. Unipersonale and AB Medical Academy among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.