Blood Collection Devices Market

The global blood collection devices market is foreseen to grow by 5.9%, from USD 5.38 Billion in 2021 to USD 8.51 Billion in 2029. Rising prevalence of infectious diseases with the emergence of newer pathogens and chronic & lifestyle diseases, growing emergence of liquid biopsy tests, increasing number of hospitals and surgical centers is to drive the market for the upcoming forecast period. However, rising costs of automated blood collection devices remains one factor hindering the market growth over the anticipated period.

Market Definition

What is Blood Collection Devices?

Blood collection devices interact with blood to alter blood composition, serum, or plasma fractions and in some cases adversely affect laboratory tests. Vascular access devices may release coating substances and exert shear forces that lyse cells.

Market Overview

The blood collection devices market search study helps to thoroughly understand the current trend in the market competitive analysis of the players in the emerging market. Moreover, the DRO in the blood collection devices market offers valuable perspicuity and a current scenario for making the right decision. The research study covers the eminent players in the market with a detailed analysis of the company and a financial overview containing their net sales, business mix and geographical reach It mainly focuses on the key developments of the products/services offered by the company in recent years. Besides, we at Zettabyte have the expertise to analyses the global blood collection devices market player's competitive landscape helping the client comprehend their specific strategic growth approaches.

Blood collection devices market study by "Zettabyte Analytics" offers details about the market scope, market segmentation, technological advancement in the blood collection devices market and highlights the optimistic, competitive landscape and trends enduring over the years.

Major players in the blood collection devices market include Ab Medical Co., Ltd., Ajosha Bio Teknik Pvt. Ltd., Aptaca SPA, Becton, Dickinson And Company, Cardinal Health, Cml Biotech (P) Ltd., Disera Tibbi Malzeme Lojistik Sanayi Ve Ticaret A.S, Fl Medical S.R.L., Fresenius Kabi AG, Greiner Holding AG, Grifols, S.A., Haemonetics Corporation, Jiangsu Micsafe Medical Method Co., Ltd., Liuyang Sanli Medical Method Development Co., Ltd., Lmb Technologie Gmbh, Macopharma, Mitra Industries Private Limited, Neomedic Limited, Nipro Medical Corporation, Preq Systems, Quest Diagnostics Incorporated, Retractable Technologies, Inc., Sarstedt AG & Co. KG, Smiths Medical, Terumo BCT.

COVID-19 Impact on Global Blood collection devices Market

The global impact of COVID-19 has lost millions of lives with a massive cost to the healthcare system. Moreover, the treatment cost for patients with COVID-19 has also had a financial impact globally. the impact of COVID-19 on the blood collection devices market has forced the companies to change their sourcing, pricing, and promotion strategies. the blood collection devices market players are seen focusing more on optimizing the e-commerce networks with the rising innovations in the digital sector, which are creating new business models for the healthcare industry player.

Research Scope

The report provides market value for the base year 2021 and a yearly forecast from 2022 to 2029 in revenue (USD Million/ Billion). the market for each segment is present in North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and the regional basis for the forecast mentioned above.

Key industry dynamics, regulatory scenarios, major material dynamics and blood collection devices market future markets are analyzed to understand their impact on demand for the forecast period. growth rates have been estimated using correlation, regression and time-series analysis.

Market Segmentation

For the purpose of this report, the global blood collection devices market segmented on the basis of product type, method, application, end user, and region:

Product Type Outlook:

On the basis of product type, the market is segmented into blood bags, blood collection systems/monitors, blood collection tubes, needles & syringes, system type, lancets.

Method Outlook:

On the basis of method, the market is segmented into manual blood collection, automated blood collection.

Figure 1 Blood Collection Devices Market By Method (Market Size And Forecast By Value - USD Million, 2021 & 2029)

Application Outlook:

On the basis of application, the market is segmented into diagnostics, therapeutics.

End Use Outlook:

On the basis of end user, the market is segmented into blood banks, diagnostic & pathology laboratories, hospitals, ambulatory surgical centers, & nursing homes, other end users.

Figure 2 End Use Outlook (Revenue, USD Million, 2021)

Regional Outlook (Revenue, USD million; 2021 & 2029)

Figure 3 Blood Collection Devices Market: Regional Dynamics