Press release
Global Blood Collection Devices Market is forecasted to witness a CAGR of 7% by 2026 - Growing Cases of Trauma and Accidents & A Rapid Growth in Infectious Diseases
Blood collection or removal of blood can be done in various ways such as arterial sampling, venipuncture and fingerstick sampling. Blood samples and other biological samples must be collected in order to fully understand, prevent and cure medical diseases. Additionally, blood is also collected from the donor by blood donation process which is further separated into different components of blood as per the requirement during transfusion procedures.New Product Developments and Advancements to boost Adoption of Blood Collection Devices Market
Recent and rapid developments in blood collection devices have enabled to develop efficient market products with artificial intelligence (AI), ultrasound-guided 3D reconstruction, ease-to-use at home collection and large-volume safe blood collection, among others.
Some of the new product developments are listed as below:-
• In May 2022, Vitestro launched its advanced autonomous venipuncture blood collection device that combines artificial intelligence (AI) with robotic needle insertion and ultrasound-guided 3D reconstruction, ensuring safe and precise blood collection.
• In May 2022, Labcorp launched at-home collection device from Weavr Health, a diagnostics company, through Labcorp OnDemand that measures HbA1c from a small blood sample for diabetes risk testing.
• In April 2022, Owen Mumford Ltd launched a portfolio of three venous blood collection devices under its Unistik brand. These three devices, namely, Unistik ShieldLock, Unistik ShieldLock Ultra, and Unistik VacuFlip are designed to draw large volumes of blood safely, minimizing the risk of needlestick injury.
Market Investments and Collaborations to trigger the Growth of Blood Collection Devices Market
Leading market players operating in the blood collection devices market are constantly focusing on market investments and collaborations for technological advancements in blood collection technologies. Such market advancements tend to offer a competitive edge to all manufacturers over their competitors.
Some of the recent market developments are listed as below:-
• In May 2022, Becton, Dickinson and Company extended its collaboration with Babson Diagnostics to continue research and development of blood collection devices that are less-invasive, more convenient, and enable self-collection.
• In December 2021, Tasso has secured a funding of $100 million to scale-up the production and commercialization of its simplified 'OnDemand' blood collection devices. Tasso's OnDemand devices take blood from skin through capillaries using push-button hardware that is attached to the upper arm.
• In May 2019, Velano Vascular has secured an investment of $10 million from Intermountain Healthcare to fuel the commercialization of its vascular access solutions including a needle-free blood collection device.
Competitive Landscape Analysis: Blood Collection Devices Market
The blood collection devices market is marked by the presence of established market players such as Becton, Dickinson and Company; Terumo BCT; Haemonetics Corporation; Grifols, S.A. (Spain); Fresenius Kabi AG (Germany); and others.
Get Detailed Insights on Blood Collection Devices Market with a Sample Report PDF @ https://meditechinsights.com/blood-collection-devices-market/
Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com
https://meditechinsights.com/
https://www.linkedin.com/company/medi-tech-insights/
Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have successfully completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.
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