Global Blood Collection Devices Market
Medical Equipment

Blood Collection Devices Market Forecast 2025-2034: Growth Dynamics, Emerging Trends, and Strategic Opportunities

2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theBlood Collection Devices Market?

The surge in cases of infectious diseases is propelling the expansion of the blood collection devices market. These diseases are infections instigated by bacteria, viruses, fungi, or parasites. Infectious conditions like hepatitis B (HBV), hepatitis C (HCV), the human immunodeficiency virus (HIV), malaria, syphilis, and brucellosis are detected via blood collection and testing. The sustained rise in instances of infectious diseases and the corresponding diagnostic activities are anticipated to enhance the usage of blood collection devices. For instance, a report by the UK Health Security Agency, a government agency based in the UK, revealed that by the end of December 31, 2022, there were 3,732 confirmed mpox cases, primarily in England. Additionally, by May 31, 2023, 21 more cases were recorded, mostly in England and one case in Scotland. Hence, the rise in infectious disease cases is projected to fuel the demand for blood collection devices over the predicted period.

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#What is the Anticipated CAGR of theBlood Collection Devices Market, and What Factors Will Drive It?

The market size for blood collection devices has seen significant growth in the past few years. It is projected to increase from $7.95 billion in 2024 to $8.55 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%. Factors contributing to this rise during the historical period include an increase in the occurrence of blood-related ailments, enhancements in healthcare facilities, an aging demographic, as well as government measures and legislations.

Within the next few years, the blood collection devices market is projected to have a robust growth, ballooning to a worth of $12.12 billion by 2029 with a compound annual growth rate (CAGR) of 9.1%. This significant increase during the forecast period is credited to the escalating healthcare expenditure, a deeper focus on personalized medicine and diagnostic testing, a rise in research and development initiatives, and a surge in infectious disease cases. Key emerging trends for the forecast period encompass minimally invasive procedures, distance-based blood collection services, mechanization and robotic processes, sophisticated blood collection kits, and strategic partnerships and cooperation.

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What Are the Current Market Growth and Trends in theBlood Collection Devices Market That Industry Players Should Watch?

The blood collection devices market is seeing increasing penetration of technological advancements, a trend that invites significant attention. Numerous firms in this sphere are innovating by creating novel products or technologies to cater to the rapidly rising demand in the sector and boost their global corporate footprint. The thrust of these technological innovations is to amplify the comfort of users while also offering them improved protection. For example, in April 2022, Owen Mumford, a company dedicated to the design and manufacture of medical devices, launched a new venous blood collection line under its Unistik brand. The freshly-minted portfolio leverages Owen Mumford’s proficiency and extensive experience in capillary blood sampling to roll out an array of venous instruments that exemplify patient safety, comfort, and quality. Unistik ShieldLock Ultra, a product in this portfolio, incorporates a one-handed, vein-activated safety system to curtail potential NSI risks. It features a distinctive safety mechanism that seals the tubing between the needle and the Luer, preventing blood exposure once the needle’s withdrawal from the vein takes place.

What Are the Major Market Players Making an Impact on theBlood Collection Devices Market Growth?

Major companies operating in the blood collection devices market include Becton, Dickinson and Company, Greiner Holding AG, Kabe Labortechnik GmbH, Sarstedt AG & Company, ICU Medical Inc., Terumo BCT Inc., Fresenius Kabi AG, Grifols S.A., Haematonics, Nipro Medical Corporation, Quest Diagnostics Incorporated, Macopharma SA, Smiths Medical International Ltd., Cardinal Health Inc., Retractable Technologies Inc., Sekisui Medical Co. Ltd., Qiagen NV, Smiths Group plc, NIPRO Corporation, PT. Adi Buana Mandiri, Covidien Ltd., Kawasumi Laboratories Inc., F.L. Medical SRL, Ajosha Bio Teknik Pvt. Ltd., A-M Systems Ltd., Commonwealth Serum Laboratories Behring, Teleflex Medical Inc., Abbott Laboratories, Denova Sciences Pte. Ltd., VedaLab SA

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How Are the Key Segments of the Blood Collection Devices Market Driving Opportunities and Innovations?

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

1) By Type: Blood Collection Tubes, Lancet, Micro Container Tubes, Warming Devices

2) By Method: Manual Blood Collection, Automatic Blood Collection

3) By Material: Glass, Stainless Steel, Plastic

4) By End User: Hospitals, Blood Donation Centers, Diagnostic Center, Other End Users

Subsegments:

1) By Blood Collection Tubes: Vacuum Blood Collection Tubes, Serum Separator Tubes, EDTA Tubes

2) By Lancet: Safety Lancets, Manual Lancets, Automatic Lancets

3) By Micro Container Tubes: Capillary Tubes, Microtainer Tubes, Hematocrit Tubes

4) By Warming Devices: Blood Warming Devices, Temperature Regulation Units, Infusion Warming Devices

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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theBlood Collection Devices Market?# Market Expansion?

North America was the largest region in the blood collection devices market in 2024. The Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blood collection devices market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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