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What fueled the previous growth in the automated blood collection market?

The growth of the automated blood collection market has been swift in the past few years. It’s projected to expand from a valuation of $1.29 billion in 2024 to $1.52 billion in 2025, boasting a compound annual growth rate (CAGR) of 18.2%. This remarkable growth during the historical period is credited to initiatives by the government to encourage blood donations, a surge in product approvals, and an increase in the number of specimens.

What will be the automated blood collection market size in the future?

In the coming years, the market for automated blood collection is predicted to experience swift expansion. By 2029, it is projected to reach a size of $2.94 billion, with a compound annual growth rate (CAGR) of 17.9%. This development in the forecast period can be ascribed to factors such as increasing infectious diseases, a heightened need for blood donations, a surging demand for advanced blood collection, and a growing inclination towards liquid biopsy testing. Technological advancements, risk reduction by automating blood collection, the introduction of new product designs, developments in portable blood collection, and product innovation are the key trends anticipated during the forecast period.

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What main drivers are fueling expansion in the automated blood collection market?

The anticipated surge in blood donations is predicted to fuel the expansion of the automated blood collection market. Several factors are behind the increasing numbers of blood donations, such as heightened consciousness of the essential role blood plays in emergency healthcare circumstances, numerous blood donation campaigns led by health institutions and local communities, and medical technological advancements that enhance the overall donation experience. Automated blood collection amplifies the efficiency of blood donation and negates the necessity of human intervention, thereby lessening potential human mistakes and discomfort experienced by donors. Highlighting this, the NHS Blood and Transplant (NHSBT), a Special Health Authority in the UK servicing England and Wales, recorded 119,371 fresh blood donations for the period of 2023-2024, a slight upturn from the previous total of 119,016 donations for the 2022-2023 period. Hence, the significant surge in blood donations is propelling the growth of the automated blood collection market.

What key areas define the segmentation of the global automated blood collection market?

The automated blood collection market covered in this report is segmented –

1) By Type: Arterial Sampling, Venipuncture Sampling, Fingerstick Sampling

2) By Application: Diagnostics, Treatment, Therapeutics

3) By End-Use: Hospitals, Diagnostic Centers, Pathology Laboratories, Other End-Uses

Subsegments:

1) By Arterial Sampling: Automated Arterial Blood Gas Collection Systems, Closed-Loop Arterial Sampling Systems, Point-of-Care Arterial Sampling Devices, Continuous Arterial Sampling Systems

2) By Venipuncture Sampling: Automated Venipuncture Collection Devices, Robotic Venipuncture Systems, High-Precision Venipuncture Blood Collection Systems, Automated Venipuncture Systems for Plasma Or Serum

3) By Fingerstick Sampling: Automated Fingerstick Blood Collection Devices, Portable Fingerstick Collection Devices, Fingerstick Collection Systems for Point-of-Care Testing, Miniaturized Automated Fingerstick Collection Systems

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Who are the dominant players expanding their reach in the automated blood collection market?

Major companies operating in the automated blood collection market are Abbott Laboratories, RHI Group, Siemens Healthineers, Becton, Dickinson and Company, CSL Plasma, Quest Diagnostics Incorporated, B. Braun Melsungen AG, Fresenius KABI AG, Grifols S.A., Terumo Corporation, Nipro Medical Corporation, Greiner AG, Bio-Rad Laboratories Inc., ICU Medical Inc., QIAGEN N.V., Haemonetics Corporation, SARSTEDT AG & Co. KG, Owen Mumford Ltd., Retractable Technologies Inc., Neomedic Limited, CML Biotech, Macopharma, Chengdu Rich Science Industry Co. Ltd., Babson Diagnostics, Venibot

How are evolving market trends shaping automated blood collection Strategies?

Leading firms in the automated blood collection industry are pioneering new products fortified with high-tech features such as PentaPoint technology. This innovation boosts both the accuracy and effectiveness of blood collection procedures. PentaPoint technology ensures a safer, more precise collection process, significantly enhancing comfort for the subject and improving the quality of the sample acquired by using multiple puncture points. For example, Becton, Dickinson and Company, an American medical corporation, introduced the BD vacutainer ultratouch push-button blood collection set in India and the US in April 2024. This groundbreaking device eases the blood collection process by minimizing patients’ discomfort and pain. This product includes BD RightGauge technology, featuring a slimmer needle, and BD PentaPoint technology, effectively lessening the pain of needle insertion. Moreover, this modern device is equipped with BD Push Button Technology, which remarkably cuts down the chance of needle-related injuries by 88%. The introduction of this state-of-the-art blood collection kit seeks to revolutionize the patient experience by enhancing comfort, allowing healthcare professionals to access veins more effectively and shortening overall procedure duration.

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Which regions are emerging as leaders in the automated blood collection market?

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

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