The global blood
collection market is expected to reach a value of USD 13.3 billion
by 2025, according to a new report by Grand View Research, Inc. The increasing
incidence of infectious and non-communicable diseases is a major factor
anticipated to propel the market growth during the forecast period. According
to the Centers for Disease Control and Prevention (CDC), in 2013, around 19.3
million people visited the physician’s clinic for infectious and parasitic
diseases testing in the U.S. Moreover, according to International Diabetes Federation,
415 million people suffered from diabetes in 2014 and this number is expected
to rise up to 642 million by 2040. Thus, the increasing incidence of accidents
and trauma cases is another factor that drives the demand for blood collection
products for therapeutic application.
The increasing number of surgical procedures is an
additional key factor contributing to the growth. The escalating number of
accidental injury cases is expected to propel the demand for target market
products for therapeutics application. According to the CDC, in the U.S, around
31.0 million patients visited emergency centers for unintentional injuries in
2014. Thus, the demand for blood collection products such as bags, needles, and
syringes is growing at a high rate, which is expected to boost the growth
during the forecast period.
Browse full research report on Blood Collection Market: https://www.grandviewresearch.com/industry-analysis/blood-collection-market
Further Key Findings from the Study Suggest:
- The needles and syringes segment was the largest grossing segment
of the blood collection market in 2015 owing to the growing application of
these devices in diagnosis and treatment of various disorders like
diabetes and blood-related diseases
- The diagnostics application segment held the largest revenue share
in 2015, owing to rising geriatric population and escalating prevalence of
infectious & non-communicable diseases
- In 2015, the hospitals segment accounted for the largest share in
the market due to an upsurge in the incidence of trauma & accidental
cases along with growing number of surgical procedures
- North America held the largest share of the blood collection market
in the year 2015. This region is estimated to uphold its dominance during
the study period
- The presence of a highly developed healthcare infrastructure and
advanced blood collection products is anticipated to boost the growth in
North America during the forecast period
- Some of the key companies include Abbott Laboratories, NIPRO
Medical Corp., Becton, Dickinson and Company, Terumo Corp., Medtronic, Qiagen,
and FL MEDICAL s.r.l.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/medical-devices
Grand
View Research has segmented the blood collection market on the basis of
product, application, end-use, and region:
Blood
Collection Product Outlook (Revenue, USD Million; 2014 - 2025)
- Needles and
Syringes
- EDTA Tubes
- Heparin Tubes
- Serum-Separating
Tubes
- Plasma-Separating
Tubes
- Blood Bags
- Others
Blood
Collection Application Outlook (Revenue, USD Million; 2014 - 2025)
- Diagnostics
- Treatment
Blood
Collection End-Use Outlook (Revenue, USD Million; 2014 - 2025)
- Hospitals
- Diagnostics
centers
- Blood banks
- Others
Blood
Collection Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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