The Blood Collection Devices Market refers to the segment of the healthcare industry that deals with the manufacturing and distribution of devices used for collecting and processing blood samples from patients. The market is driven by factors such as the increasing prevalence of chronic diseases, growing demand for early diagnosis and disease monitoring, and advancements in blood collection technologies. The rise in demand for minimally invasive procedures and the need for reliable diagnostic tools have also contributed to the growth of this market.
According to the new market research report "Blood Collection Devices Market by Product (Tubes (Plasma (EDTA, Heparin), Serum), Needles & Syringes, Blood Bags, Monitors), Method (Manual, Automated), Application (Diagnostic, Therapeutic), End User (Hospitals, Blood Banks) & Region - Global Forecasts to 2027"
The global blood collection devices market size worth $8.42 billion by 2027, growing at a CAGR of 6.8% in the upcoming years.
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Drivers: Increasing number of hospitals and surgical centers
The increasing number of hospitals, ambulatory surgical centers, and diagnostic laboratories all over the world is expected to drive the growth of the global blood collection devices market. The rise in the number of hospitals and other healthcare facilities has increased the demand for blood collection devices. In addition, the growing awareness about the safety and convenience of using advanced blood collection devices is also expected to fuel the growth of this market. Furthermore, increasing government initiatives to promote the use of advanced medical technologies is also contributing to the growth of this market.
Market key Players
Some of the key players in the blood collection devices market include Becton, Dickinson and Company (US), Terumo BCT (US), Fresenius Kabi AG (Germany), Grifols S.A.(Spain), Haematonics (US), Nipro Medical Corporation (Japan), Greiner Holding (Austria), Quest Diagnostics (US), SARSTEDT AG & Co. (Germany), Macopharma (France), Smiths Medical (US), Cardinal Health (US), and Retractable Technologies (US)
Report Objectives
- To provide detailed information regarding the major factors (such as drivers, restraints, opportunities, and challenges) influencing the market growth
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To strategically analyze the market structure and profile the key players of the market and comprehensively analyze their core competencies
- To forecast the size of the market segments with respect to four regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
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