Global Blood Collection Market 2021 – Huge Growth Till 2027

Blood Collection Market is projected to grow at a CAGR of 6.2% during the forecasting period 2021-2027. The method of collecting whole blood from blood banks and refining it to isolate its different components is known as blood collection. The amount of blood collected or expelled from the donor must not exceed 1% of its body weight. Depending on the examination to be performed, blood samples are taken from the arm, figure, ear, and hand. Blood can be drawn in two ways: manually or with the aid of advanced technology.

Blood may be drawn from the body for particular components using automated machines. In hospitals and blood banks, it's a vital part of the blood management process. In the presence of a competent healthcare staff, hospitals have an accurate diagnosis. The primary major factor driving the demand is the increase in the number of injuries and trauma cases around the world. Blood collection items are important for the care of patients who have sustained injuries as a result of wounds or accidents.

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Key Driving Factors: Increased chronic and lifestyle disorders.

The global burden of chronic diseases is increasingly growing. Cardiovascular disease is responsible for almost half of all chronic disease deaths (CVD). According to the American Heart Association, the prevalence of CVD in the United States is expected to rise from 36.9% in 2010 to 38.7% by 2020 and 40.5 percent by 2030. Obesity and diabetes are also exhibiting alarming patterns, not just because they affect such a significant percentage of the population, but also because they have begun to manifest earlier in life. Lifestyle diseases are becoming more common all over the world, particularly in developing countries. This scenario has resulted in increased health checkup adherence and the increasing value of markers for detecting disease conditions, primarily through blood collection. Health checkups are becoming more common on a personal level as well as in the workplace for employee well-being. Since blood tests are the primary mode of diagnosing these diseases, this will be beneficial to consumer growth and a major contributor to the blood collection devices market.

This report offers the major market player’s profiles, such as Becton, Dickinson and Company (US), , Haematonics (US), Terumo BCT (Japan), Fresenius Kabi AG (Germany), Grifols (Spain), Nipro Medical Corporation (Japan), Greiner Holding (Austria), Quest Diagnostics (US), SARSTEDT AG & Co. (Germany), Macopharma (France), Smiths Medical (US), Kawasumi Laboratories (Japan), Retractable Technologies (US), LiuyangSanli Medical Technology Development (China), F.L. Medical S.R.L (Italy), AB Medical (South Korea), APTCA SPA (Italy), Micsafe Medical Group Limited (China), DiseraTibbiMalzemeLojistik Sanayi VeTicaret A.ª (Turkey), Ajosha Bio Teknik Pvt. Ltd. (India), Preq Systems (India), CML Biotech (India), LmbTechnologie GmbH (Germany), Mitra Industries Private Limited (India) and Neomedic Limited (UK)
Opportunities: Technological advances in blood processing techniques and products provide an opportunity.

Blood collection from patients with difficult venous access (DVA) is difficult, if not impossible. Traditional blood collection products are often unable to obtain sufficient samples in DVA patients, resulting in several attempts to collect blood. This raises the risk of anaemia in patients as well as the risk of blood-borne infections being transmitted to nurses and phlebotomists. To resolve this issue, new haematology tube designs that enable capillary blood collection have been implemented, reducing the risk of collection and processing errors in DVA patients. A vein illumination and visualisation technique called a vein finder—a recent addition to safe blood collection procedures—is often used to help healthcare professionals find a suitable vein for venepuncture. The system uses ultrasound or infrared technology to illuminate the veins underneath the skin, allowing for quick vein access and eliminating the need for venepuncture.

By End User:
The market is segmented by end-user into Hospitals and Pathology Laboratories, Blood Banks, and Others. During the forecast period, the hospitals and pathology laboratories segment would have the largest market share. The elements that can be traced to primary centres for disease prevention and diagnosis. The demand for hospitals and pathology laboratories is growing as the number of diagnostic and screening tests increases.

The Blood Collection market report has been categorized as below

By Product
•Blood Collection tubes
•Plasma/whole-blood tubes
•EDTA Tubes
•Heparin Tubes
•Coagulation Tubes
•Glucose Tubes
•ESR Tubes
•Serum Tubes
•System Type
•Vacuum Tubes
•Non-vacuum Tubes
•Needles & Syringes
•Blood Bags
•Blood Collection Systems/Monitors
•Lancets

By Application
•Diagnostics
•Therapeutics

By Method
•Manual Blood Collection
•Automated Blood Collection

By End User
•Hospitals, Ambulatory Surgical Centers, & Nursing Homes
•Diagnostic & Pathology Laboratories
•Blood Banks
•Other End Users

By Region
•North America
•Europe
•Asia Pacific
•Rest of World

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