The global blood collection market size is expected to reach USD 7.58 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Market revenue growth is significantly driven by major prevalence of infectious diseases and chronic disorders, advent of liquid biopsy tests, and increasing demand for blood components. Blood collection is very crucial for specific diagnostic tests to determine effective treatment procedures. Blood samples can be collected from fingertip, arm, ear, and other parts based on the analysis to be produced.
The Blood Collection Market intelligence report further offers hard to find data derived from attractiveness analysis that narrates a lot about the products, regions and applications expected to generate more revenue. The research study sheds light on the key growth opportunities and market trends along with other vital market dynamics, including the drivers and restraints on the industry growth. With this report, the prospective buyers can be sure to become capable of adapting to the changes in the Blood Collection industry.
Major blood collection methods are arterial sampling, fingerstick sampling, and venipuncture sampling. Fingerstick sampling involves collection of a very small amount of blood from the tip of a finger. This method is used for determining blood sugar level, hemoglobin level, iron deficiency, cholesterol level, find blood type, and others. Rapid technological advancements and application of automation technology in blood collection processes have resulted in attaining more accurate data within a short period of time. Hospital and nursing home segment accounted for majority revenue share in the global market in 2020.
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The latest report is the first study encompassing the current Blood-Sampling Systems Industry situation with respect to the COVID-19 outbreak. Since the advent of the outbreak, the global economic landscape has been grappling with adverse financial consequences. The report analyzes the drastic impact of the pandemic on this business sphere. The pandemic has affected nearly all segments of the Blood-Sampling Systems Industry. It has further hampered the developmental scope of various manufacturers and buyers engaged in this sector. Thus, the report studies the industry’s shifting dynamics to scrutinize the profits earned or loss suffered by different segments.
The global Blood-Sampling Systems Industry consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this industry.
Key players operating in the market are Becton, Dickinson and Company, Haematonics, Terumo BCT, Fresenius Kabi AG, Grifols, Nipro Medical Corporation, Quest Diagnostics, SARSTEDT AG & Co., Macopharma, and Smiths Medical.
Major Geographies Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Segmentation:
Product Outlook (Revenue, USD Billion; 2018–2028)
- Needles
- Tubes
- Blood Bags
- Monitors
- Others
Method Outlook (Revenue, USD Billion; 2018–2028)
- Automated
- Manual
Application Outlook (Revenue, USD Billion; 2018–2028)
- Therapeutic
- Diagnostics
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Hospital and Nursing Home
- Diagnostic & Pathology Laboratories
- Blood Banks
- Others
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Target Audience of the Report:
- Leading Companies
- Large, medium-sized, and small enterprises
- Investors
- Value-Added Resellers (VARs)
- Venture capitalists
- Third-party knowledge providers
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The global Blood-Sampling Systems Industry report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand & supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter’s Five Forces analysis, speculation attainability investigation, and venture return investigation.
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