North America Blood Collection Devices Market to Grow with Impressive CAGR during the Forecast Period 2022-2030

The North America blood collection devices market is expected to grow from US$ 3,688.19 million in 2022 to US$ 5,950.62 million by 2030. It is estimated to grow at a CAGR of 6.2% from 2022 to 2030.

Increase in Prevalence of Cancer Worldwide Fuels North America Blood Collection Devices Market
Healthcare facilities across the globe are observing a substantial increase in the prevalence of cancer. According to the National Cancer Institute, cancer is increasingly becoming a global health issue. In 2020, there were 19.3 million new cancer cases, resulting in approximately 10 million cancer-related deaths worldwide. The World Health Organization estimated that, by 2040, there could be 28.9 million new cancer cases globally and ∼16.2 million cancer-related deaths yearly.

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The most common method for a blood test for cancer is a liquid biopsy; this method is used for diagnosing non-small cell lung cancer (NSCLC) and screening other types of cancers such as breast, colorectal, prostate, gastrointestinal, and ovarian. As a result, blood collection tubes contribute to the organization's strategy for the early detection of cancer, allowing for quick treatment and enhancing cancer patients' survival rates. Thus, the increasing prevalence of cancer drives the North America blood collection devices market.

MARKET INTRODUCTION

The North America blood collection devices market is segmented into the US, Canada, and Mexico. The US held the largest share of the North American blood collection devices market in 2022. A rise in the demand for blood collection devices for the diagnostics of COVID-19, increasing incidence of chronic kidney diseases, and high R&D spending by medical device companies and grants provided by governments for research institutes to develop new blood study-related equipment are some of the prominent factors propelling the market growth.

The North America blood collection devices market is segmented into product type, methods, end user, and country.
Based on product type, the North America blood collection devices Market is segmented into blood collection tubes, blood collection needles/holders, blood collection set, and others. The blood collection tubes segment held the largest share of the North America blood collection devices market in 2022.
List of Companies Profiled in the North America Blood Collection Devices Market Report are:
• Becton Dickenson and Co
• Terumo Corp
• Cardinal Health
• SARSTEDT AG & Co. KG
• NIPRO
• Thermo Fisher Scientific Inc
• Sekisui Chemical Co Ltd

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Key Segmentation:

The North America blood collection devices market is segmented into product type, methods, end user, and country.
Based on product type, the North America blood collection devices Market is segmented into blood collection tubes, blood collection needles/holders, blood collection set, and others. The blood collection tubes segment held the largest share of the North America blood collection devices market in 2022.

In terms of methods, the North America blood collection devices Market is bifurcated into manual blood collection and automated blood collection. The manual blood collection segment held a larger share of the North America blood collection devices market in 2022.
By end user, the North America blood collection devices market is segmented into hospitals and pathology laboratories, blood bank, and others. The hospitals and pathology laboratories segment held the largest share of the North America blood collection devices market in 2022.
Based on country, the North America blood collection devices market is segmented into the US, Canada, and Mexico. The US dominated North America blood collection devices market in 2022.

Table of Contents

Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.

Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.

Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.

Breakdown by Product and Application: This section provides details about market size by product and application.

Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.

Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.

Key Findings of the Research Study

Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

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