Global Blood Collection Market Analysis
According to Planet Market Reports, the global Blood Collection Market was valued at USD 7.19 Billion in 2017 and is projected to reach USD 13.28 Billion by 2025, growing at a CAGR of 4.9% from 2018 to 2025.
What is Blood Collection?
Blood Collection is defined as a process of collecting whole blood from blood banks and processing it further in order to separate its various components. The blood amount drawn from the donor must not be more than 1% of its body weight. Automated equipment is used for collecting blood that collects only specific components of blood. Increasing number of trauma and accidents along with rising number of surgical procedures carried out worldwide has contributed in the growth of blood collection market.
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Global Blood Collection Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Rise in disease occurrence, increasing number of accident & trauma cases, advent of liquid biopsy tests and growing demand for blood components have been driving the global blood collection market. On the other hand, high cost of automated blood collection devices and lacking skilled professionals might act as restraints for the overall market.
Planet Market Reports narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Blood Collection Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
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Global Blood Collection Market Competitive Landscape
The “Global Blood Collection Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Abbott Laboratories Inc., Medtronic, Becton Dickinson and Company, Terumo Corporation, Nipro Medical Corporation, Qiagen, F.L. Medical SRL, Greiner Holding AG, Haemonetics Corporation, and Sarstedt AG & Co. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Blood Collection Market Segmentation, by Product
• Blood Collection Tubes
o Serum Collection Tubes
o Plasma or Whole Blood Collection tubes
• Blood Bags
• Blood Collection Devices
• Needles and Syringes
Global Blood Collection Market Segmentation, by Method
• Manual Blood Collection
• Automated Blood Collection
Global Blood Collection Market Segmentation, by End Users
• Hospitals and Pathology Laboratories
• Blood Banks
Global Blood Collection Market Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World
Research Methodology of Planet Market Reports:
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