The Global Blood Collection Devices Market is Estimated to reach $8 Billion by 2027, at a CAGR of 6.2%

Blood Collection Devices Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Blood Collection Devices Market size is expected to reach $8 billion by 2027, rising at a market growth of 6.2% CAGR during the forecast period.

The Hospitals, Ambulatory Surgical Centers, & Nursing Homes segment is leading the Global Blood Collection Devices Market by End User 2020; thereby, achieving a market value of $3.6 billion by 2027. The growth of the market in this segment can be attributed to the increasing number of trauma cases and C section & organ transplants in the hospital facilities.

The Blood Collection Tubes segment acquired maximum revenue share in the Global Blood Collection Devices Market by Product 2020; thereby, achieving a market value of $2.6 billion by 2027. A Vacuum blood collection tube is a sterile glass or plastic test tube having a rubber stopper making a vacuum seal inside the tube. The rising prevalence of diseases that increase the demand for blood testing methods is contributing to the growth of the blood collection devices market.

The Automatic Blood Collection segment is showcasing CAGR of 8.6% during (2021 - 2027). The blood sample robot helps doctors in receiving blood samples safely, quickly as well as reliably. These automated devices include a module that handles samples, a centrifuge based blood analyzer & an ultrasound image-guided robot that draw blood from the veins.

The Therapeutics segment has shown growth rate of 7.6% during (2021 - 2027). The patient should visit therapeutics even if they feel minor symptoms as even minor symptoms can lead to serious issues. As soon the physician finds symptoms and starts appropriate treatment, the need for blood collection devices arises.

The North America is the fastest growing region in the Global Blood Collection Devices Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.7 billion by 2027. The Europe market is estimated to witness a CAGR of 5.9% during (2021 - 2027). Additionally, The Asia Pacific market would experience a CAGR of 6.7% during (2021 - 2027).

Full Report: https://www.kbvresearch.com/blood-collection-devices-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Sarstedt AG & Company, ICU Medical, Inc., Grifols, S.A., Retractable Technologies, Inc., Quest Diagnostics Incorporated, Becton, Dickinson and Company, Haemonetics Corporation, Terumo Corporation, Fresenius SE & Co. KGaA, and Cardinal Health, Inc.

Global Blood Collection Devices Market Segmentation

By End User

• Hospitals, Ambulatory Surgical Centers, & Nursing Homes
• Diagnostic & Pathology Laboratories
• Blood Banks
• Others

By Product

• Blood Collection Tubes
• Needles & Syringes
• Blood Bags
• Blood Collection Systems/Monitors
• Lancets

By Tubes Type

• Plasma/whole-blood Tubes
• Serum Tubes

By Plasma/whole-blood Tubes Type

• EDTA Tubes
• Heparin Tubes
• Coagulation Tubes
• Glucose Tubes
• Others

By Tubes System Type

• Vacuum Tubes
• Non-Vacuum Tubes

By Method

• Manual Blood Collection
• Automatic Blood Collection

By Application

• Diagnostics
• Therapeutics

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Sarstedt AG & Company
• ICU Medical, Inc.
• Grifols, S.A.
• Retractable Technologies, Inc.
• Quest Diagnostics Incorporated
• Becton, Dickinson and Company
• Haemonetics Corporation
• Terumo Corporation
• Fresenius SE & Co. KGaA
• Cardinal Health, Inc.

Related Reports:

North America Blood Collection Devices Market Size to 2027

• March-2022
• 116 Pages

LAMEA Blood Collection Devices Market Size, Projection, 2027

• March-2022
• 140 Pages

Europe Blood Collection Devices Market Size Report, 2027

• March-2022
• 138 Pages

Asia Pacific Blood Collection Devices Market Size to 2027

• March-2022
• 140 Pages