The chronic diseases are rapidly increasing globally which is acting as they key driver of the blood collection market. Almost half of the chronic disease death are due to the cardiovascular death.
For instance, according to the American Heart Association, the prevalence of the cardiovascular disease is projected to increase to 38.7% by 2020 and 40.5% by 2030 from 36.9% in 2010.
The Blood Collection market is evaluated at US$9.804 billion for the year 2019 and is anticipated to grow at a CAGR of 5.29% reaching the market size of US$14.068 billion by the year 2026.
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