Published Date: 31-Mar-2022
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According to a new report, published by KBV research, The Global Blood Collection Devices Market size is expected to reach $8 billion by 2027, rising at a market growth of 6.2% CAGR during the forecast period.
The Hospitals, Ambulatory Surgical Centers, & Nursing Homes segment is leading the Global Blood Collection Devices Market by End User 2020; thereby, achieving a market value of $3.6 billion by 2027. The growth of the market in this segment can be attributed to the increasing number of trauma cases and C section & organ transplants in the hospital facilities.
The Blood Collection Tubes segment acquired maximum revenue share in the Global Blood Collection Devices Market by Product 2020; thereby, achieving a market value of $2.6 billion by 2027. A Vacuum blood collection tube is a sterile glass or plastic test tube having a rubber stopper making a vacuum seal inside the tube. The rising prevalence of diseases that increase the demand for blood testing methods is contributing to the growth of the blood collection devices market.
The Automatic Blood Collection segment is showcasing CAGR of 8.6% during (2021 - 2027). The blood sample robot helps doctors in receiving blood samples safely, quickly as well as reliably. These automated devices include a module that handles samples, a centrifuge based blood analyzer & an ultrasound image-guided robot that draw blood from the veins.
The Therapeutics segment has shown growth rate of 7.6% during (2021 - 2027). The patient should visit therapeutics even if they feel minor symptoms as even minor symptoms can lead to serious issues. As soon the physician finds symptoms and starts appropriate treatment, the need for blood collection devices arises.
The North America is the fastest growing region in the Global Blood Collection Devices Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.7 billion by 2027. The Europe market is estimated to witness a CAGR of 5.9% during (2021 - 2027). Additionally, The Asia Pacific market would experience a CAGR of 6.7% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Sarstedt AG & Company, ICU Medical, Inc., Grifols, S.A., Retractable Technologies, Inc., Quest Diagnostics Incorporated, Becton, Dickinson and Company, Haemonetics Corporation, Terumo Corporation, Fresenius SE & Co. KGaA, and Cardinal Health, Inc.
By End User
By Tubes Type
By Plasma/whole-blood Tubes Type
By Tubes System Type
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