A recent FMI market analysis predicts that the Global Blood Collection Devices Market Sales would be valued US$ 7.7 billion in 2023. The industry is predicted to increase at a CAGR of 6.5% over the forecast period. By 2033, the market value is expected to hit US$ 14.4 billion.
Infectious infections are becoming more common. Many factors have contributed to this, including expanding urbanisation, which has accelerated development, COVID-19’s implications, and so on. As a result, healthcare workers are assessing patients’ conditions utilising Blood Collection Devices.
Gain Exclusive Insights into the Rising Market Value of Blood Collection Devices – Download Our Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-14249
The rise of sedentary lives has resulted in an increase in lifestyle disorders. In extreme cases, this has resulted in cancer. Worldwide, the number of diabetic patients has also increased. The only way to determine the severity of diabetes is to take a blood sample. As a result, doctors are taking blood samples with blood collection devices.
The industry has seen a surge in technological improvements. As a result, capillary blood collection devices that limit processing errors have been developed. This could lead to an increase in demand for Blood Collection Devices during the forecast period.
However, the market has encountered certain obstacles. One of them is the advancement of technology in the healthcare sector, which has resulted in the development of better alternatives. Furthermore, the cost of these gadgets ranges between US$ 45,000 and US$ 55,000. These devices cannot keep the sample fresh for long periods of time, which may limit market growth.
Thus, as per the insights provided by the FMI researchers, increasing infectious illnesses, exponential increase in the lifestyle diseases like diabetes, surging cancer cases, and among factors that are expected to drive the Blood Collection Devices market growth during the forecast period.
Get Blood Collection Devices Market Report At a Discounted Price: https://www.futuremarketinsights.com/request-discount/rep-gb-14249
Blood Collection Devices Market Key Takeaways:
- The market is predicted to increase at a 6.5% annual rate throughout the projection period.
- In 2023, the figure is expected to be $7.7 billion.
- By 2033, the market value is expected to hit US$ 14.4 billion.
- North America is predicted to have the biggest market share, according to regional research.
- The US market is estimated to increase by 6.3% during the forecast period.
- Over the projected period, the market in the United Kingdom is expected to grow at a 5.5% annual pace.
- Throughout the projection period, the Chinese market is expected to increase at a 5.9% annual pace.
- Japan’s market is estimated to increase at a CAGR of 5% over the projection period.
- During the forecast period, the South Korean market is expected to grow at a CAGR of 4.5%.
- Based on the product type, the blood collection tube is projected to be the dominant segment and is expected to grow at 6.2% during the forecast period
- Based on the end user, the diagnostic and pathology laboratories segment is projected to be dominant and is anticipated to surge at 6.2% during the forecast period.
Blood Collection Devices Market Competitive Landscape:
The key players operating in the Blood Collection Devices market are expected to make huge investments in research and development. This comes at a time when the market has been facing a slump owing to supply chain disruption. The manufacturers are also expected to make massive investments in the process of mergers and acquisitions. Strategic partnerships are very much on cards as this would allow the manufacturers to broaden their portfolio.
Major Players:
- Quest Diagnostics
- Cardinal Health
- Greiner AG
- Haematonics corporation
- Sarstedt AG & Co. KG
- Fresenius Kabi
- Grifols S.A.
- Macopharma
- Nipro Corporation
Request Tailored Insights to Outperform in the Blood Collection Devices Market: https://www.futuremarketinsights.com/customization-available/rep-gb-14249
Blood Collection Devices Market Segmentation:
By Type:
- Blood collection tubes
- Needles & syringes
- Blood bags
- Blood collection systems or monitors
- System type
- Lancets
- Others
By End User:
- Hospitals
- Ambulatory Surgical Centre & Nursing Homes
- Blood Bank
- Diagnostic & Pathology Laboratories
- Others
By Method:
- Manual Blood Collection
- Automated Blood Collection
By Application:
- Diagnostic
- Therapeutic
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn | Twitter | Blogs
