Venous Blood Collection Devices Market is projected to reach USD 9.27 billion during the forecast period to 2029

Blood cancer is one of the main types of cancer prevalent in the world. According to the Leukemia & Lymphoma Society (LLS), approximately every three minutes someone in the United States is diagnosed with blood cancer. Therefore, it requires medical devices capable of collecting the blood samples and keeping them intact. This is where the role of venous blood collection devices comes into play.

Data Bridge Market Research analyzes that the Venous Blood Collection Devices market is expected to witness a CAGR of 6.27% during the forecast period. This indicates that the market value, which was $5.7 billion in 2021, would increase to $9.27 billion in 2029. "Hospitals and clinics" dominates the end-user segment of the venous blood collection device market due to the increasing number of hospitals and clinics in developing economies.

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Venous Blood Collection Devices Market Dynamics

drivers
Increased prevalence of the disease
The growth rate of acute and chronic diseases worldwide due to various factors is one of the main factors that enable the growth of the market. For example, the increasing incidence rate of blood cancer, infectious diseases such as hepatitis B (HBV), hepatitis C (HCV), human immunodeficiency virus (HIV), malaria, syphilis and brucellosis are directly and positively influencing market growth.

Research and development skills.
Increased spending on research and development skills, especially in developed and developing economies with respect to medical instruments and devices, will create more lucrative growth opportunities in the market. Ongoing research and development skills regarding advancements in medical devices are also enhancing the growth rate of the market.

Increasing investments for health facilities
The increasing focus on improving the condition of healthcare facilities and improving the overall healthcare infrastructure is another major factor driving the growth of the market. The growing number of strategic partnerships and collaborations between public and private actors regarding the financing and application of new and improved technologies creates even more lucrative market opportunities. Also, increasing government initiatives to raise awareness of the importance of early diagnosis is further driving the growth rate of the market.

opportunities
In addition, the increase in public-private financing for specific research activities, the increase in the incidence of lifestyle-related diseases, the increase in the number of traffic accidents, the increase in the geriatric population and the increase in Innovations and product development through technological advancements around the world will expand profitable opportunities for market players. during the forecast period from 2022 to 2029. In addition, the increasing number of blood donation and collection fields, the increasing penetration rate of the Internet, the increasing emergence of liquid biopsy tests, the increasing advances in procedures and blood collection products and increased health care spending per capita.

Scope of the global market for venous blood collection devices

The venous blood collection device market is segmented on the basis of type, material, application, and end users. Growth among these segments will help you analyze weak growth segments in industries and provide users with valuable market information and market insights to help them make strategic decisions to identify leading market applications.

To take
blood collection tubes
needles
Vacuum blood collection system
microfluidic system
The others
Based on type, the venous blood collection device market is segmented into blood collection tubes, needles, vacuum blood collection system, microfluidic system, microcontainer tubes, microhematocrit tubes, heating devices, and others. Other devices include venous cannulas and blood bags. Blood collection tube is further sub-segmented into plasma separation tube, heparin tube, serum separation tube, EDTA tube, and others.

Material
The plastic
Glass
Stainless steel
The others
On the basis of materials, the venous blood collection device market is segmented into plastic, glass, stainless steel, ceramic, and others.

Request
Venous blood gas sampling
Intraoperative blood salvage
Based on application, the venous blood collection device market is segmented into venous blood gas sampling and intraoperative blood collection. Venous blood gas sampling is further sub-segmented into disease diagnosis and monitoring of acid-base status.

end users
Hospitals and clinics, service points, blood donation centers
diagnostic centers
The others
On the basis of end users, the venous blood collection device market is segmented into hospitals and clinics, point-of-care, blood donation centers, diagnostic centers, and others.

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Venous Blood Collection Devices Regional Analysis/Market Overviews

The Venous Blood Collection Devices market is analyzed, and market size information and trends are provided by country, type, material, application, and end-users, as listed above. Countries included in the Venous Blood Collection Devices Market report are USA, Canada, and Mexico, North America, Germany, France, UK, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, the rest of Europe in Europe, China, Japan , India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel,

North America dominates the venous blood collection device market due to strong healthcare facility base, widespread use of drugs, rising healthcare spending, rapidly increasing prevalence of blood cancer, and the increasing number of research activities in this region. . Asia-Pacific is expected to experience significant growth during the forecast period of 2022 to 2029 due to increased government initiatives to promote awareness, increased medical tourism, growth of research activities in the region, availability of huge untapped markets, a large population base, and the growing demand for quality health care in the region.

Competitive Landscape and Market Share Analysis of Venous Blood Collection Devices

Venous Blood Collection Devices market competitive landscape provides details by competitor. Details included are Company Overview, Company Financials, Revenue Generated, Market Potential, R&D Investment, New Market Initiatives, Global Presence, Locations and Production Facilities , production capabilities, company strengths and weaknesses, product launch, product breadth and breadth, application domain. . The data points provided above are only related to the companies' focus on the venous blood collection device market.

Some of the major players operating in the Venous Blood Collection Devices market are:
comics (USA)
Hematónico (EE. UU.)
Terumo BCT (EE. UU.)
Fresenius Kabi AG (Germany)
Grifols, S.A. (Spain)
Nipro Medical Corporation (Japan)
Greiner Holding (Austria)
Quest Diagnostics (EE. UU.)
SARSTEDT AG & Co. (Alemania)
Macopharma (France)
Smith's Medical (USA)
Cardinal Health (USA)
Retractable Technologies (US)
Medical Technology Development Liuyang Sanli (China)
FL Medical SRL (Italia)
AB Medical (South Korea)
APTCA SPA (Italy)
Jiangsu Micsafe Medical Technology CO., LTD. (Porcelain)
Disera Medical Materials Logistics Industry and Trade Inc. (Turkey)
Ajosha Bio Teknik Pvt. Limited. (India)
Preq Systems (India)
CML Biotechnology (India)
Lmb Technology GmbH (Alemania)
Mitra Industries Private Limited (India)
Neomedic Limited (UK)

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