Global Blood Collection
Medical Equipment

Global Blood Collection, Processing, Management Devices Market Revenue and Share Analysis Through 2029

Uncover key drivers, emerging technologies, and competitive movements shaping the blood collection, processing, management devices market from 2025–2034 with trusted insights from The Business Research Company

What Is The Projected Valuation Of The Blood Collection, Processing, Management Devices Market In The Period 2029-2034?

The blood collection, processing, management devices market has experienced strong growth in recent years. It is projected to increase from $3.79 billion in 2024 to $4.06 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.2%. This historical expansion can be ascribed to factors such as a rise in chronic diseases, the development of automated and safer blood collection and processing devices, the implementation of stringent regulations and standards for blood collection, a growing need for rapid diagnostic tests, and the demand for point-of-care testing.

The market for blood collection, processing, and management devices is projected to experience robust expansion over the coming years. This market is anticipated to reach $5.37 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 7.2%. Several factors are contributing to this growth during the forecast period, including an expanding elderly population, an increase in surgeries and medical procedures, an emphasis on patient comfort and safety, rising awareness and education, and strict regulatory requirements for blood collection. Key trends expected during this period encompass automation and robotics, the creation of more compact and portable devices, sophisticated needle technologies, integration with digital health platforms, and the incorporation of wireless technology.

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What Strategic Drivers Are Accelerating The Blood Collection, Processing, Management Devices Market Expansion?

The increasing understanding and necessity for blood donation are anticipated to drive the expansion of the blood collection, processing, and management devices market. This growing awareness and demand are influenced by multiple interconnected factors, such as advancements in medical treatments, unforeseen incidents and emergencies, and the critical need for blood transfusions due to more complex medical procedures and therapies for chronic diseases, particularly in aging populations. Blood collection, processing, and management devices are essential for supporting the blood donation sector. These devices streamline the entire process, ensuring safety, efficiency, and reliability from the initial recruitment of donors to the ultimate delivery of blood products to patients. For instance, in 2022, according to Statistics Poland, blood donors contributed 1,302.9 thousand whole blood donations, which represents 41.9 thousand more donations than in 2021. Therefore, the heightened awareness and demand for blood donations will propel the blood collection, processing, and management device market.

What Is The Detailed Segment Distribution Of The Blood Collection, Processing, Management Devices Market?

The blood collection, processing, management devicesmarket covered in this report is segmented –

1) By Product: Devices, Consumables, Software, Servicing

2) By Application: Diagnostics, Therapeutics, Research, Other Applications

3) By End-user: Hospitals, Diagnostic Laboratories, Academic And Research Laboratories, Blood And Blood Component Banks, Ambulatory Surgical Center, Other End-Users

Subsegments:

1) By Devices: Blood Collection Needles, Blood Collection Tubes, Blood Separation Units, Centrifuges, Blood Bag Systems, Blood Processing Systems, Blood Warmers

2) By Consumables: Blood Collection Bags, Blood Tubes, Filters and Separators, Reagents And Additives For Blood Processing

3) By Software: Blood Management Software, Laboratory Information Management Systems (LIMS), Patient Tracking and Monitoring Software, Data Analytics Software For Blood Management

4) By Servicing: Installation and Setup Services, Maintenance and Calibration Services, Training and Support Services, Repair and Replacement Services

How Are Global Trends Impacting The Development Of The Blood Collection, Processing, Management Devices Market?

Major enterprises operating within the blood collection, processing, and management devices market are developing innovative products utilizing advanced technologies, such as RightGauge technology, to improve precision and efficiency in blood collection processes. RightGauge technology represents a creative approach to blood collection that ensures accurate needle placement and minimizes patient discomfort. For instance, in March 2024, Becton, Dickinson and Company (BD), a US-based medical technology company, introduced the BD Vacutainer UltraTouch Push Button Blood Collection Set in India. This novel device, leveraging BD RightGauge technology, incorporates a thinner needle to ensure continuous blood flow, thereby reducing patient discomfort. It also features a push-button mechanism for needle retraction post-collection, enhancing safety for healthcare professionals.

Who Are The Major Stakeholders Operating In The Blood Collection, Processing, Management Devices Market?

Major companies operating in the blood collection, processing, management devices market are McKesson Corporation, Cardinal Health Inc., F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Fresenius SE & Co. KGaA, Becton, Dickinson and Company, Medline Industrie LP, Avantor Inc., Grifols S.A., Terumo Corporation, PerkinElmer Inc., bioMérieux SA, Nipro Corporation, Sysmex Corporation, Bio-Rad Laboratories, Inc., Haemonetics Corporation, Sarstedt AG & Co. KG, Greiner Bio-One International GmbH, Macopharma, Immucor, Trivitron Healthcare, HemoCue AB, EKF Diagnostics, Sebia

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Which Region Is Projected To Achieve The Fastest Growth In The Blood Collection, Processing, Management Devices Market?

North America was the largest region in the blood collection, processing, management devices market in 2024. The regions covered in the blood collection, processing, management devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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