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Blood Collection Market Set to Hit New Highs: Expected to Reach USD 7.58 billion by 2028

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Blood Collection Market Set to Hit New Highs: Expected to Reach USD 7.58 billion by 2028

August 11
21:37 2021
Blood Collection Market Set to Hit New Highs: Expected to Reach USD 7.58 billion by 2028
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Major prevalence of infectious diseases and chronic disorders is a major factor boosting revenue growth of global blood collection market

Emergen Research has recently added a new informative report titled ‘Global Blood Collection Market Forecasts to 2028’ to its ever-expanding repository. The report covers all the essential features of the Blood Collection market, with key statistical data represented in the form of tables, charts, diagrams, figures, and graphs. The report strives to offer a better understanding of the market to the reader and provide beneficial insights to the established companies. The report presents a bird’s eye view of the Blood Collection industry with a special focus on technological developments, expansion strategies of the prominent players, and current and emerging growth trends of the market.

The global blood collection market size is expected to reach USD 7.58 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Market revenue growth is significantly driven by major prevalence of infectious diseases and chronic disorders, advent of liquid biopsy tests, and increasing demand for blood components. Blood collection is very crucial for specific diagnostic tests to determine effective treatment procedures. Blood samples can be collected from fingertip, arm, ear, and other parts based on the analysis to be produced.

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Some Key Findings From the Report:

  • In March 2021, Reperio raised a seed capital of USD 6 million from Caduceus Capital Partners and Rogue Venture Partners. This investment will help Reperio to provide at-home medical test subscription service. This service offers blood test for measuring cholesterols, triglycerides and glucose level, blood pressure, resting heart rate, BMI, and relative fat mass.
  • Needles segment is expected to register a 6.2% CAGR throughout the forecast period. High affordability, repeat purchase, and rising ease of use are major factors boosting revenue growth of this segment.
  • Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period. Growing number of blood donation campaigns and major technological developments in healthcare infrastructure are key factors propelling revenue growth of the market in this region.
  • Key players operating in the market are Becton, Dickinson and Company, Haematonics, Terumo BCT, Fresenius Kabi AG, Grifols, Nipro Medical Corporation, Quest Diagnostics, SARSTEDT AG & Co., Macopharma, and Smiths Medical.

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It offers a lucid picture of current trends in the global market, with an unbiased perspective of the leading market players, key regions/countries, end-use industries, and various product types.

  • Product Outlook (Revenue, USD Billion; 2018–2028)
    • Needles
    • Tubes
    • Blood Bags
    • Monitors
    • Others
  • Method Outlook (Revenue, USD Billion; 2018–2028)
    • Automated
    • Manual
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • Therapeutic
    • Diagnostics
  • End-Use Outlook (Revenue, USD Billion; 2018–2028)
    • Hospital and Nursing Home
    • Diagnostic & Pathology Laboratories
    • Blood Banks
    • Others

The Blood Collection market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.

Geographical Terrain of the Global Blood Collection Market:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, France, the U.K, Russia, and Italy)
  • Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
  • Latin America (Brazil, Argentina, Colombia, etc.)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Global Blood Collection Market Report – Table of Contents:

1. Report Overview

  • 1.1 Research Scope
  • 1.2 Key Sensor Fusion market segments
  • 1.3 Target players
  • 1.4 Market analysis by type
  • 1.5 Market analysis by application
  • 1.6 Key learning objectives
  • 1.7 Report timeline

2. Global Growth Trends

  • 2.1 Global Sensor Fusion market size
  • 2.2 Latest trends of the Sensor Fusion market by region
  • 2.3 Key corporate trends

3. Global Sensor Fusion Market share by key players

  • 3.1 Global Sensor Fusion Market size by manufacturers
  • 3.2 Global Sensor Fusion Market key players
  • 3.3 Products/solutions/services of major players
  • 3.4 New entrants in the Sensor Fusion market
  • 3.5 Mergers, acquisitions, joint ventures, and expansion plans

4. Global Sensor Fusion Market by product type

  • 4.1 Global Sensor Fusion Sales by Product
  • 4.2 Global Sensor Fusion by Product Revenue

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Thank you for reading our report. For further details or to inquire about customization, please let us know, and we will offer you a report well-suited to your requirements.

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