Blood Collection Market Growth Factors, End-User Analysis and Future Projections till 2025

Posted on 2020-01-10 by researchinsights in Healthcare // 0 Comments

10^th Jan 2020 – Global Blood Collection Market is anticipated to grow considerably in the coming years owing to the rise in demand for blood components. Blood collection is the process of obtaining blood sample for laboratory testing. It can be obtained from devices like venous access devices or by finger stick. The sample blood obtained is then sent for diagnosis to determine health conditions. It helps to monitor diabetes, high cholesterol levels and monitors effects of medication and treatments.

Factors influencing the growth of the market are increasing prevalence of infectious illnesses, growing number of accident and trauma cases, and rise in number of surgeries like cancer surgeries and organ transplant. Moreover, increase in demand for blood donation that allows organ transplant and other surgeries at hospitals is also stimulating the market growth. However, growing amount of risks related to blood transfusion in underdeveloped economies is obstructing the growth of blood collection market. Additionally, significant cost of blood automated instruments and lack of skilled professionals hampers the market growth.

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Rising cancer cases on the global scale is a major trend witnessed by the market. Nevertheless, introduction of developed products like blood bags, vials, blood collection tubes, blood lancets, and others are expected to offer lucrative opportunities in the market.

Market is categorized on the basis of product, application, end user, and geography. On the basis of product, market is divided into blood collection syringes and needles, slide strainers, blood lancets, blood collection tubes, vials, blood bags, test tube racks, and microscopic slides. Owing to the benefits offered by blood collection tubes, the segment is expected to lead the market. Blood collection tubes helps easy collection of blood and offers collection of sample blood from a single venipuncture.

Based on application, market is divided into treatment and diagnostics. Diagnostics segment is expected to hold larger share of the market due to increasing number of diagnosis cases. In terms of end user, market is split into diagnostic laboratories, blood banks, hospitals, and others. Owing to the high prevalence of disorders that need blood diagnosis, diagnostic laboratories segment is predicted to register significant growth in future.

Top Players Analysis covered in these report:

Becton Dickinson
Terumo
Greiner Bio One
Medtronic
SEKISUI Medical
Sarstedt
Narang Medical
F.L. Medical
Improve-medical
Hongyu Medical
TUD
SanLI
Gong Dong
CDRICH
SZBOON

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The key points of this report are:

To study and forecast the market size of Blood Collection in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

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