Global Blood Collection Devices Market Size study, By Product (Blood Collection Tubes, Blood Collection Needles/ Holders, Blood Collection Sets, Others), By Method (Manual Blood Collection, Automated Blood Collection), By End User (Hospitals and Pathology

Global Blood Collection Devices Market Size study, By Product (Blood Collection Tubes, Blood Collection Needles/ Holders, Blood Collection Sets, Others), By Method (Manual Blood Collection, Automated Blood Collection), By End User (Hospitals and Pathology Laboratories, Blood Banks, Others), and Regional Forecasts 2022-2028

Global Blood Collection Devices Market is valued approximately USD 9.52 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.9% over the forecast period 2022-2028.
Blood collection devices are a type of medical devices that generally interact with blood to modify the blood composition, plasma, or serum fractions. Blood-dissolving tube additives are a more common product that can affect blood constituent stability and analytical systems. Some other common sort of products is available in the market includes blood tube stoppers, surfactants, clot activators, stopper lubricants, tube walls, and separator gels that may add materials, and play a crucial role in adsorbing blood components, or cooperate with protein and cellular components. Thus, blood collection devices can be a foremost source of preanalytical error in laboratory testing across the world. The rise in the incidence of infectious diseases, the increasing number of product developments, along the growing number of accidents and trauma cases are the primary factors that may stimulate the market demand across the world. In March 2020, Greiner AG (Greiner Bio-One) put forth a great effort in development and advancement of a new cap designed for MiniCollect Capillary Blood Collection Tubes product. This development includes increased ridges and has a deeper surface to deliver upgraded grip, overlays cap rim at the top of the tube, thereby providing a better grip during the product usage. As a result, these market development in blood collection devices by prominent market players will fuel the growth outlook during the forecast period. Moreover, the growing blood donation campaigns further paves the market growth globally. However, the unavailability of skilled professionals impedes the growth of the market over the forecast period of 2022-2028. Also, the development of liquid biopsy technology uses blood collection devices to provide ease-of-use in the diagnostic process and better accuracy and precision is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global blood collection devices market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing prevalence of chronic diseases, high R&D spending on the healthcare activities, and availability of government fundings to develop new blood related equipment. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the availability of favorable government policies, growing R&D activities, as well as increasing number of startups and biotech companies would create lucrative growth prospects for the Blood Collection Devices market across the Asia-Pacific region.

Major market players included in this report are:
Becton, Dickinson and Company (BD)
Terumo Corporation
Cardinal Health, Inc.
SARSTEDT AG and Co. KG.
Nipro Corporation
Thermo Fisher Scientific, Inc.
Grenier, Inc.
Sekisui Chemical Co. Ltd.
Narang Medical Limited
FL MEDICAL s.r.l

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Collection Tubes
Blood Collection Needles/ Holders
Blood Collection Sets
Others
By Method
Manual Blood Collection
Automated Blood Collection
By End User
Hospitals and Pathology Laboratories
Blood Banks
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Blood Collection Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors



Companies Mentioned

Becton, Dickinson and Company (BD)
Terumo Corporation
Cardinal Health, Inc.
SARSTEDT AG and Co. KG.
Nipro Corporation
Thermo Fisher Scientific, Inc.
Grenier, Inc.
Sekisui Chemical Co. Ltd.
Narang Medical Limited
FL MEDICAL s.r.l

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