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What is the Growth Potential of the Automated Blood Collection Market, and How Will It Perform by 2034?

The market size for automated blood collection has seen a swift expansion in the past few years. It’s set to increase from $1.29 billion in 2024 to $1.52 billion in 2025, with a compound annual growth rate (CAGR) of 18.2%. The notable surge during the historical period can be credited to government initiatives promoting blood donation, augmented product approvals, and a heightened number of specimens.

In the coming years, the automated blood collection market size is projected to experience swift expansion. It is estimated to reach $2.94 billion by 2029, with a compound annual growth rate (CAGR) of 17.9%. The surge during the projected period may be due to increasing infectious diseases, high necessity for blood donations, a surge in demand for advanced blood collection, and a rising inclination for liquid biopsy testing. Key trends for the projected period are expected to revolve around technological breakthroughs, risk reduction through automated blood collection, the unveiling of new product designs, advancements in portable blood collection, and product innovation.

Which Primary Drivers Are Supporting the Continued Expansion of the Automated Blood Collection Market?

The growth of the automated blood collection market is predicted to be driven by a substantial rise in blood donations. Factors such as heightened awareness around the urgent necessity for blood in emergencies, numerous blood donation campaigns run by health organizations and community groups, and improved medical technology that enhances the safety and efficiency of donating blood, are boosting blood donations. The process of donating blood is made more efficient by automated blood collection, reducing the need for manual involvement, thereby decreasing human error and donor discomfort. For example, in the 2023-2024 period, the NHS Blood and Transplant (NHSBT), a health authority in the UK serving England and Wales, reported 119,371 new blood donations, a slight uptick from 119,016 donations in 2022-2023. Thus, the substantial rise in blood donations is fuelling the growth of the automated blood collection market.

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Who Are the Major Companies Shaping the Competitive Landscape of the Automated Blood Collection Market?

Major companies operating in the automated blood collection market are:

• Abbott Laboratories_x000D_

• RHI Group_x000D_

• Siemens Healthineers_x000D_

• Becton_x000D_

• Dickinson and Company_x000D_

What Are the Key Emerging Trends in the Automated Blood Collection Market for the Next Decade?

Leading firms in the automated blood collection sector are incorporating cutting-edge technologies into their new products, such as PentaPoint technology, to improve the precision and efficacy of blood collection procedures. PentaPoint technology allows for a more accurate and controlled process by utilising multiple points of entry to lessen discomfort and enhance sample quality. For example, in April 2024, Becton, Dickinson and Company, a medical company based in the US, introduced the BD vacutainer ultratouch push-button blood collection set to India and the US markets. This groundbreaking device is engineered to reduce the pain and discomfort experienced by patients during blood collection. It integrates BD RightGauge technology, using a narrower needle, and BD PentaPoint technology, significantly minimizing the pain associated with insertion. Furthermore, the device incorporates BD Push Button Technology, reducing needle injury risks by 88%. The introduction of this advanced blood collection set serves to elevate the patient experience by improving comfort, equipping clinicians with superior vein access, and lowering overall procedure durations.

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What Are the Core Categories and Segments in the Automated Blood Collection Market Driving Demand and Growth?

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

Which Regions Are Making a Mark in the Automated Blood Collection Market Growth?

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.

How Is the Automated Blood Collection Market Categorized and Defined in the Industry?

Automated blood collection refers to the use of advanced technology and automated systems to efficiently and precisely collect blood samples from patients. These systems streamline the process by minimizing human intervention, enhancing accuracy, reducing errors, and improving patient comfort and safety. Automated blood collection is used in medical laboratories and healthcare settings to ensure consistent and reliable sample handling.

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