Global Blood Collection Supplies Market to Reach $15.2 Billion by 2030
The global market for Blood Collection Supplies estimated at US$10.3 Billion in the year 2023, is expected to reach US$15.2 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2023-2030. Needles & Syringes, one of the segments analyzed in the report, is expected to record a 5% CAGR and reach US$6.2 Billion by the end of the analysis period. Growth in the Blood Collection Tubes segment is estimated at 7.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 5.5% CAGR
The Blood Collection Supplies market in the U.S. is estimated at US$3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2030 trailing a CAGR of 5.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
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