Global Blood Collection Devices Market Size, Report, Forecast 2021 - 2030 | Top key players: SRL, greiner holding ag, Haemonetics Corporation, Sarstedt AG

According to a research report published by Spherical Insights & Consulting, the Global Blood Collection Devices Market Size to Grow from USD 7.2 Billion in 2021 to USD 13.9 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period.

Request To Download Free Sample copy of the report: https://www.sphericalinsights.com/request-sample/1821

The Blood Collection Devices global market research studies offer an in-depth analysis of current industry trends, development models, and methodology. Production processes, development platforms, and the actual product models are some of the variables that have a direct impact on the market. The aforementioned characteristics can drastically vary in response to even minor changes in the product profile. The study provides a thorough explanation of each of these elements of healthcare.

Market Overview
The process of drawing blood samples from a donor for use in laboratory diagnostic testing during patient treatment is known as blood collection. In both hospitals and blood bank facilities, the entire technique is regarded as a crucial and essential component of the blood management process.

The global market is Blood Collection Devices growth due to:
• Essential Diagnostic Step: Blood collection is critical for accurate diagnosis and effective patient treatment.
• Core to Blood Management: Plays a vital role in both clinical settings and blood banks.
• Innovation in Devices: Advances in safety-engineered and minimally invasive collection tools are driving adoption.
• Growing Healthcare Demand: Rising medical testing needs and surgical procedures fuel market growth.
• Trauma & Emergency Care: Increased injuries and emergency cases heighten demand for efficient blood collection.
• Tech Integration: Smart collection systems and automation enhance accuracy and workflow.
• Focus on Safety: Emphasis on reducing contamination risk and needle-stick injuries improves product design.
• Expanding Global Access: Developing healthcare infrastructure supports broader use of modern collection devices.

Buy Now this report: https://www.sphericalinsights.com/checkout/1821

Throughout the forecast period, the blood collection tubes segment has the biggest market share.

The global market for blood collection equipment is divided into several segments based on type, including blood collection tubes, syringes and needles, blood bags, blood collection monitors or systems, lancets, and others. Over the course of the projection period, the blood collection tube segment is expected to hold the greatest market share among these. They serve as tubes for the collection of whole blood, ESR, coagulation, EDTA, serum separation, glucose, and heparin. Because blood collection tubes are designed with different kinds of additives that are required for different reasons, they are more user-centric.

Diagnostic and Pathology Laboratories segment to hold the highest revenue share over the forecast period.

The global market for blood collection equipment is divided into several segments based on the end user, including blood banks, diagnostic and pathology labs, households, ambulatory surgical centers, and nursing homes. Over the course of the forecast period, the diagnostic and pathology laboratories segment are expected to have the largest revenue share among these. These services seek to obtain patient blood samples in order to determine the etiology of the illness. In addition to this, they are working with both public and private hospitals, which has increased their market share. In the current situation, pathology and diagnostic labs have begun dispatching agents to patients' homes to draw blood samples. The segmental growth has increased as a result of all these variables.

Leading players of Blood Collection Devices Market including:
• Abbott Laboratories Inc.
• Medtronic, Inc.
• Becton Dickinson and Company
• Terumo Corporation
• Nipro Medical Corporation
• Qiagen NV
• F.L. Medical SRL
• greiner holding ag
• Haemonetics Corporation
• Sarstedt AG

Market Challenges
1. High Cost of Advanced Devices
• Innovative blood collection technologies, including automated and safety-engineered devices, are expensive to produce and implement, especially for small or rural healthcare settings.
2. Regulatory Compliance and Approvals
• Blood collection devices must meet strict regulatory standards for safety and effectiveness.
• Delays in approvals can hinder the launch of new products and restrict market access in different regions.
3. Supply Chain Disruptions
• Global supply chains for medical devices face interruptions due to geopolitical tensions, raw material shortages, and transportation issues, affecting product availability.
4. Shortage of Skilled Healthcare Workers
• Proper blood collection requires trained phlebotomists or medical personnel. A shortage of skilled staff can reduce efficiency and increase the risk of errors or patient discomfort.
5. Risk of Bloodborne Infections and Safety Concerns
• Improper handling or substandard devices can lead to contamination or the spread of infections, raising safety and liability concerns.
6. Environmental and Disposal Issues
• Used needles, syringes, and other disposables create medical waste that must be handled carefully. Poor waste management can pose environmental and health risks.
7. Cost Sensitivity in Emerging Markets
• Budget constraints in developing countries make it challenging to adopt high-end or safety-enhanced blood collection systems, limiting growth in those regions.

Research Objectives
• To analyze current trends and future growth prospects
Identify market drivers, restraints, and emerging technologies influencing demand for blood collection devices.
• To segment the market by product type, method, application, and end-user
Understand performance and growth patterns across categories such as needles, tubes, lancets, and blood bags.
• To assess regional market dynamics
Evaluate the performance and potential of the market in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
• To study the impact of technological advancements
Examine the role of automation, safety mechanisms, and minimally invasive techniques in shaping product development.
• To analyze the regulatory environment and compliance landscape
Explore how government regulations, approvals, and standards affect product innovation and market entry.
• To examine competitive strategies of major market players
Identify key players, strategic initiatives, and their roles in shaping the global market landscape.
• To forecast market trends over the next decade
Provide data-driven projections for market size, demand shifts, and technological adoption.

Recent Development
In July 2020, Magnolia Medical has launched Steripath Gen2 with integrated syringe, which will be addressed to the patients having difficult intravenous access or the hard stick patient population

Access Full Report: https://www.sphericalinsights.com/reports/blood-collection-devices-market

Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the global Blood Collection Devices Market based on the below-mentioned segments:

Blood Collection Devices Market, Type Analysis
• Blood Collection Tubes
• Needles and Syringes
• Blood Bags
• Blood Collection Systems or Monitors
• System Type
• Lancets
• Others

Blood Collection Devices Market, End User Analysis
• Hospitals
• Ambulatory Surgical Centre and Nursing Homes
• Blood Bank
• Diagnostic and Pathology Laboratories
• Others

Regional Segment Analysis of the Waste Management Market
• North America (U.S., Canada, Mexico)
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

What's covered in the report?
1. Overview of the Blood Collection Devices market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Inspection Camera System market, based on segment.
3. Blood Collection Devices Market trends.
4. Blood Collection Devices Market drivers.
5. Analysis of major company profiles.

FIVE FORCES ANALYSIS
1. Competitive Rivalry - High
• Numerous global and regional manufacturers compete on innovation, pricing, and quality.
• Continuous product launches and technological upgrades drive intense competition.
2. Threat of New Entrants - Moderate
• Moderate barriers exist due to regulatory requirements and the need for manufacturing precision.
• However, growing demand and low-cost manufacturing opportunities attract new players, especially in emerging markets.
3. Bargaining Power of Suppliers - Moderate
• Suppliers of medical-grade plastics, needles, and electronic components hold some leverage.
• Large manufacturers often negotiate better terms due to high-volume procurement.
4. Bargaining Power of Buyers - Increasing
• Hospitals, labs, and diagnostic centers seek cost-effective, safe, and reliable devices.
• Bulk purchasing and long-term contracts give institutional buyers negotiation power.
5. Threat of Substitutes - Low to Moderate
• Few alternatives exist to blood collection for diagnostics and transfusions.
• However, advancements in non-invasive diagnostic tools and wearable biosensors could offer partial substitution over time.

PESTLE ANALYSIS
1. Political
• Government support for healthcare infrastructure and disease prevention programs drives demand.
• Import/export regulations and medical device certifications affect global distribution.
2. Economic
• Healthcare spending, insurance coverage, and public health budgets impact market adoption.
• Currency fluctuations and raw material costs influence manufacturing and pricing.
3. Social
• Rising awareness about early disease detection and blood safety boosts demand.
• Cultural attitudes toward blood donation can affect collection volumes and public engagement.
4. Technological
• Innovations in safety-engineered needles, vacuum tubes, and automation enhance product appeal.
• Development of less invasive techniques and wearable diagnostics may impact traditional collection methods.
5. Legal
• Laws related to patient safety and infection control shape product design.
• Intellectual property laws protect patented technologies but may also create barriers to biosimilar entry.
6. Environmental
• Single-use plastic devices contribute to medical waste, raising environmental concerns.
• Companies are under pressure to adopt sustainable manufacturing and disposal practices.

Table of Content (TOC)
• Introduction
1. Objectives of the Study
2. Market Definition
3. Research Scope
• Research Methodology and Assumptions
• Executive Summary
• Premium Insights
1. Porter's Five Forces Analysis
2. Value Chain Analysis
3. Top Investment Pockets
1. Market Attractiveness Analysis By Product Type
2. Market Attractiveness Analysis By Type
3. Market Attractiveness Analysis By Segment Type
4. Market Attractiveness Analysis By Region
4. Industry Trends
• Market Dynamics
1. Market Evaluation
2. Drivers
1. Increasing development in sector
3. Restraints
4. Opportunities
5. Challenges
• Global Blood Collection Devices Market Analysis and Projection, By Product Type
• Global Blood Collection Devices Market Analysis and Projection, By Type
• Global Blood Collection Devices Market Analysis and Projection, By Segment Type
• Global Blood Collection Devices Market Analysis and Projection, By Regional Analysis
1. Segment Overview
2. North America
1. U.S.
2. Canada
3. Mexico
3. Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
4. Asia-Pacific
1. Japan
2. China
3. India
5. South America
1. Brazil
6. Middle East and Africa
1. UAE
2. South Africa
• Global Blood Collection Devices Market-Competitive Landscape
1. Overview
2. Market Share of Key Players in the Global Blood Collection Devices Market
1. Global Company Market Share
2. North America Company Market Share
3. Europe Company Market Share
4. APAC Company Market Share
3. Competitive Situations and Trends
1. Coverage Launches and Developments
2. Partnerships, Collaborations, and Agreements
3. Mergers & Acquisitions
4. Expansions
• Company Profiles
1. Company1
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
2. Company2
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
3. Company3
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis

Industry Related Reports

Global Viral Vector And Plasmid DNA Testing Services Market Size
https://www.sphericalinsights.com/reports/viral-vector-and-plasmid-dna-testing-services-market

Global Breast Biopsy Devices Market Size
https://www.sphericalinsights.com/reports/breast-biopsy-devices-market

Global Ambulance Equipment Market Size
https://www.sphericalinsights.com/reports/ambulance-equipment-market

About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Follow Us: LinkedIn | Facebook | Twitter

This release was published on openPR.