Global Blood Collection Devices Market
Medical Equipment

What Is The Blood Collection Devices Market Overview In 2022?

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The blood collection devices market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!


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The Blood Collection Devices Market Size In 2022 And Forecast

The global blood collection devices market is expected to grow from $6.48 billion in 2021 to $6.88 billion in 2022 at a compound annual growth rate (CAGR) of 6.07%. The global blood collection market size is expected to reach $8.74 billion in 2026 at a CAGR of 6.19%.


The blood collection devices market consists of sales of blood collection devices by entities (organizations, sole traders, and partnerships) that refer to devices used for collecting and sampling blood for various purposes including testing, archiving of blood samples, and others.


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Increase In Incidence Of Infectious Diseases Is Driving The Growth Of The Blood Collection Devices Market

According to the Centre for Disease Control and Prevention, the reported cases of infectious diseases in the United States increased from 2.97 million cases in 2018 to 3.10 million cases in 2019, a 4% rise in cases in one year. Therefore, the increase in incidences of infectious diseases is expected to boost demand for blood collection devices during the forecast period.


Competitive Landscape And The Regional Analysis Of The Blood Collection Devices Market

Major players in the blood collection devices market are Becton, Dickinson and Company, Greiner Group, Kabe Labortechnik GmbH, Sarstedt AG & Company, ICU Medical Inc, Grifols SA, Retractable Technologies Inc, Nipro Corporation, Terumo Corporation, Fresenius Kabi AG, Medtronic, and Radiometer Medical ApS.


Additionally, as per TBRC’s research – North America was the largest region in the blood collection devices market in 2021 holding the largest market share and Asia Pacific is expected to be the fastest-growing region in the forecast period.


The Blood Collection Devices Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the blood collection devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the blood collection devices market.


Technological Advancement – A Key Trend In The Blood Collection Devices Market

Many companies operating in the blood collection devices market are developing new products or new technologies to meet fast-growing industry demand and enhance their business presence across the globe. The technologically advanced products developed by companies are focused on enhancing comfort and providing advanced protection to customers.


Blood Collection Devices Market Segmentation By The Business Research Company

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 Centers, Others


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