The blood collection market is projected to grow at a CAGR of 5.51% to reach US$12.719 billion by 2024, from US$9.221 billion in 2018. The rising prevalence of chronic diseases, demand for liquid biopsy, growing number of surgeries, and growing number of emergency and accidental cases are driving the growth of the global blood collection market in the forecast period. In addition, growing demand for the blood components is further fueling the market growth during the forecast period. North America is expected to hold a dominant market share due to the rising government initiatives for blood safety, and increasing prevalence of lifestyle diseases. While the APAC region is expected to hold high growth during the forecast period.
The “Blood Collection Market – Forecasts from 2019 to 2024” is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by product, method, and geography.
The Blood collection market has been segmented based on type, end-user, and geography. By product, the market has been segmented into blood collection tubes, needles and syringes, blood bags, lancets. By method the market is segmented into automated and manual.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the blood collection market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the blood collection market.
Blood collection market has been segmented as follows: