Arterial Blood Collection Devices Market Summary
As per MRFR Analysis, the Arterial Blood Collection Devices Market was valued at 1.72 USD Billion in 2023 and is projected to grow to 3.2 USD Billion by 2035, reflecting a CAGR of 5.32% from 2025 to 2035. The market is driven by the increasing prevalence of chronic diseases, technological advancements, and heightened awareness of health diagnostics.
Key Market Trends & Highlights
The Global Arterial Blood Collection Devices Market is witnessing significant trends driven by healthcare advancements.
- Market size in 2024: 1.81 USD Billion; projected to reach 3.2 USD Billion by 2035.
- Syringes segment valued at 0.54 USD Billion in 2024; expected to grow to 0.97 USD Billion by 2035.
- North America leads the market with a valuation of 0.75 USD Billion in 2024; projected to reach 1.35 USD Billion by 2035.
- CAGR of 5.3% expected from 2025 to 2035.
Market Size & Forecast
2023 Market Size: USD 1.72 Billion
2024 Market Size: USD 1.81 Billion
2035 Market Size: USD 3.2 Billion
CAGR from 2025 to 2035: 5.3%
Largest Regional Market Share in 2024: North America.
Major Players
Key players include BD, Cardinal Health, Menarini Diagnostics, Nipro, Terumo, Sarstedt, Abbott, Greiner BioOne, Braun Melsungen, Eastman Kodak Company, F. Hoffmann-La Roche, Medtronic, Hemocue, Smiths Medical.
Key Arterial Blood Collection Devices Market Trends Highlighted
The Arterial Blood Collection Devices Market is experiencing a significant increase in demand due to the rising prevalence of chronic diseases, including cardiovascular conditions and diabetes. The need for efficient and precise blood collection methods becomes increasingly important as healthcare infrastructure improves globally, particularly in developing regions.Â
This transition is facilitated by government initiatives that are designed to improve healthcare facilities, which stimulate the adoption of sophisticated arterial blood collection devices. There is a growing interest in the development of minimally invasive devices that enhance the efficiency of blood collection and reduce patient distress, as highlighted by recent trends.
The demand for safety and precision in procedures is being met by the increasing integration of technology, such as automated blood collection systems. Furthermore, the market is being influenced by an increasing emphasis on point-of-care testing, as these devices are indispensable for swift diagnostic evaluations. There are numerous opportunities for manufacturers to concentrate on research and development in order to develop innovative products that cater to the changing requirements of healthcare providers.Â
There is a growing need for educational initiatives and training programs to better equip healthcare professionals to use these devices effectively. Breakthroughs in device technology and application can result from collaborations between academic institutions and industry actors, which can expand the market.
In general, the Arterial Blood Collection Devices Market is anticipated to undergo rapid adaptation in order to address these dynamic requirements and emerging opportunities as the healthcare landscape continues to change.
Arterial Blood Collection Devices Market Drivers
Increasing Prevalence of Cardiovascular Diseases
The Arterial Blood Collection Devices Market Industry is witnessing significant growth driven by the increasing prevalence of cardiovascular diseases (CVDs). According to the World Health Organization (WHO), CVDs are the leading cause of death globally, claiming approximately 17.9 million lives each year, which constitutes 31% of all global deaths. This escalating health crisis necessitates frequent blood collection for diagnostic purposes, thereby driving demand for arterial blood collection devices.
Established organizations, such as the American Heart Association and the European Society of Cardiology, actively promote awareness and advancements in cardiovascular health, further enhancing the need for efficient blood collection practices. With cardiovascular disease rates expected to rise in developing regions due to lifestyle changes, the market for arterial blood collection devices is projected to expand significantly in response to this urgent healthcare requirement.
Technological Advancements in Blood Collection Devices
Rapid technological advancements in arterial blood collection devices are another key driver for the growth of the Arterial Blood Collection Devices Market Industry. Innovations such as the development of safety-engineered devices, minimally invasive techniques, and automated systems have improved the efficiency and safety of blood collection processes. The potential reduction in needlestick injuries, along with improved patient comfort, positions these advanced devices as integral components in modern healthcare settings.
The International Society for Blood Transfusion has noted an increased adoption of these technologies, which aligns with regulatory emphasis on enhancing patient safety and operational efficiency in healthcare. Organizations specializing in medical technology are continuously investing in Research and Development to bring new blood collection solutions to market, signaling a robust growth trajectory for the sector.
Growing Demand for Point-of-Care Testing
The growing demand for point-of-care testing (POCT) is significantly influencing the Arterial Blood Collection Devices Market Industry. With an increasing need for rapid diagnostic results, particularly in emergency settings and outpatient environments, arterial blood collection devices are essential for facilitating effective POCT. The global market for POCT is anticipated to reach USD 50 billion by 2026, reflecting a CAGR of 9.5%, as per various health reports highlighting the shift towards decentralized healthcare.
Institutions such as the FDA have been advocating for the development and application of efficient POCT solutions, thereby creating a favorable environment for the enhancement of arterial blood collection devices. This demand is further fueled by the growing emphasis on timely diagnosis and treatment, which is essential for improving patient outcomes.
Rising Number of Diagnostic Testing Facilities
The increase in the establishment of diagnostic testing facilities globally is propelling the growth of the Arterial Blood Collection Devices Market Industry. As countries expand their healthcare infrastructure, particularly in the wake of public health crises, the number of diagnostic labs is projected to rise significantly. For instance, the Centers for Disease Control and Prevention (CDC) has supported initiatives to bolster laboratory testing capabilities in various nations, with plans that have led to the establishment of over 1,000 new testing facilities in the past three years alone.
This expansion contributes to a higher volume of blood collection procedures, increasing the demand for arterial blood collection devices. Furthermore, the strategic investments made by key players in the healthcare domain align with this upward trend, pushing the market towards exponential growth.
Arterial Blood Collection Devices Market Segment Insights
Arterial Blood Collection Devices Market Product Type Insights
The Arterial Blood Collection Devices Market revenue is witnessing significant growth, driven by various factors including technological advancements and an increasing emphasis on patient safety. Within the market segmentation of Product Type, several key categories have been identified: Syringes, Needles, Collection Tubes, and Safety Blood Collection Devices. In 2024, the Syringes segment was valued at 0.45 USD Billion and is expected to increase to 0.82 USD Billion by 2035, illustrating its robust demand anchored in usability and versatility in different medical settings.
The Needles segment followed closely with a valuation of 0.37 USD Billion in 2024, expected to grow to 0.68 USD Billion by 2035, underscoring the critical role of needles in efficient blood collection processes as they are instrumental in ensuring precise sample acquisition. The Collection Tubes segment holds a significant stake in the market, valued at 0.6 USD Billion in 2024 and projected to reach 1.1 USD Billion by 2035, highlighting their essential contribution to lab diagnostics and testing, which is growing with the rise in chronic diseases.
Safety Blood Collection Devices, valued at 0.39 USD Billion in 2024 with an anticipated increase to 0.6 USD Billion by 2035, reflect an important trend towards enhanced safety features that protect healthcare professionals from needlestick injuries and contamination risks, thus being increasingly preferred in clinical settings. Collectively, these product types contribute to the Arterial Blood Collection Devices Market statistics, showcasing a strategic blend of traditional and advanced technologies that address both clinical efficacy and safety.
The steady market growth in these segments also indicates a rising demand for safe and efficient blood collection methods, which are increasingly being adopted in medical facilities globally, in line with health regulations and the need for improved patient outcomes. The increased prevalence of blood-related tests and rising healthcare expenditures further fuel the expansion of these product categories within the market, making them vital for healthcare professionals and institutions worldwide.
Arterial Blood Collection Devices Market End User Insights
The Arterial Blood Collection Devices Market focuses on several critical end users, primarily including Hospitals, Diagnostic Laboratories, and Blood Banks. In 2024, the market was valued at 1.81 billion USD, which reflects a robust growth trend fueled by increasing incidences of chronic diseases and the growing need for accurate diagnostics. Hospitals are pivotal in this landscape, utilizing these devices for a wide range of patient care scenarios. Diagnostic Laboratories also play a vital role, as they are integral in conducting tests that require arterial blood samples to determine various health conditions.
Blood Banks significantly contribute to the market, as they rely on effective blood collection devices to ensure the safety and quality of blood storage and transfusion. The growing emphasis on patient safety and advancements in technology are expected to boost the efficiency and reliability of arterial blood collection devices, driving the Arterial Blood Collection Devices Market growth. Understanding these end users is essential for stakeholders as they navigate the opportunities and challenges of this dynamic market landscape.
Arterial Blood Collection Devices Market Application Insights
The Arterial Blood Collection Devices Market reached a value of 1.81 USD Billion in 2024, showcasing significant growth potential in the coming years. This market is strategically segmented into various applications, including Diagnostic Testing, Therapeutic Procedures, and Blood Donation, each playing a crucial role in healthcare. Diagnostic Testing is critical for the accurate assessment of health conditions, driving demand in clinical settings. Therapeutic Procedures focus on treatments necessitating reliable blood monitoring, which emphasizes the importance of precision in arterial blood collection.
Blood Donation, meanwhile, supports essential public health initiatives aimed at maintaining adequate blood supplies for transfusion needs. Arterial Blood Collection Devices Market data shows that these applications are not only interconnected but also respond to emerging trends in personalized medicine and technological advancements in medical equipment. As the healthcare landscape evolves, these market segments are positioned to address growing global health challenges, while regulatory factors and ethical considerations around blood collection practices continue to shape the industry.
This makes the Arterial Blood Collection Devices Market a dynamic area of focus for stakeholders across the healthcare spectrum.
Arterial Blood Collection Devices Market Material Insights
The Arterial Blood Collection Devices Market demonstrates a noteworthy valuation of 1.81 billion USD by 2024, reflecting a robust demand across various materials utilized in device manufacturing. The Material segment is pivotal in this market, as it encompasses a diverse range of components like Plastic, Glass, and Synthetic Materials, each catering to specific needs within blood collection processes. Plastic materials hold a significant share, favored for their lightweight nature and increased flexibility, making them ideal for disposable devices that enhance safety and reduce contamination risks.
Glass, while traditionally used, is still preferred in certain applications due to its inert properties and better visibility of the collected samples. Synthetic Materials are emerging as innovative solutions, combining the advantages of both plastics and glass, offering durability and enhanced sterility. The ongoing advancement in manufacturing technologies further fuels the market growth, driving the development of materials that meet stringent regulatory requirements and optimize performance in clinical settings. With the increasing focus on effective blood collection practices in healthcare, the Arterial Blood Collection Devices Market is expected to witness significant growth driven by these materials' effectiveness and safety.
Arterial Blood Collection Devices Market Regional Insights
The Arterial Blood Collection Devices Market is expected to display robust growth across its various regional segments, with a notable increase from a market valuation of 1.81 USD Billion in 2024 to 3.2 USD Billion in 2035. In North America, the market holds a value of 0.8 USD Billion in 2024, expected to rise to 1.4 USD Billion by 2035, indicating a strong demand due to advancements in healthcare technologies and a high prevalence of chronic diseases. Europe follows closely, with a market valuation increasing from 0.55 USD Billion in 2024 to 1.0 USD Billion in 2035, showcasing the region's focus on innovative healthcare solutions and stringent regulations.
South America, with a smaller share, is projected to grow from 0.1 USD Billion to 0.2 USD Billion, reflecting ongoing healthcare improvements. The Asia Pacific market demonstrates significant potential, expanding from 0.3 USD Billion in 2024 to 0.55 USD Billion in 2035, driven by large population densities and rising healthcare expenditure. Lastly, the Middle East and Africa market, although smaller at 0.06 USD Billion in 2024, is expected to reach 0.1 USD Billion by 2035, as the region gradually enhances its healthcare infrastructure. Such region-wise dynamics in the Arterial Blood Collection Devices Market reveal varying growth trajectories influenced by healthcare policies, regional health challenges, and technological advancements.
Arterial Blood Collection Devices Market Key Players and Competitive Insights
The Arterial Blood Collection Devices Market is characterized by a dynamic and competitive landscape, informed by various factors such as technological advancements, regulatory changes, and evolving healthcare needs. Companies operating within this sphere focus on the development and distribution of arterial blood collection devices, including syringes, needles, and specialized closed system collection devices. The continuous rise in the number of diagnostic tests and an increase in the prevalence of diseases requiring blood collection contribute to the market's growth. Significant players in the sector compete not only on product quality and innovation but also on capturing market share through strategic partnerships, research and development initiatives, and an in-depth understanding of customer needs. Competitive strategies often encompass regional expansions, technological enhancements, and compliance with global regulations, allowing firms to navigate this complex market more effectively.
Medline Industries holds a significant presence in the Arterial Blood Collection Devices Market, leveraging its vast distribution network and an extensive portfolio of high-quality medical supplies. The company's strengths lie in its robust manufacturing capabilities, which enable it to produce a wide range of arterial blood collection devices that meet stringent safety and quality standards. Medline Industries is recognized for its commitment to customer satisfaction, often tailoring its products to accommodate specific healthcare conditions and practices. Innovation is key to their strategy, with ongoing investments in research and development that allow the company to stay ahead of industry trends. This proactive approach has helped Medline Industries establish strong relationships with healthcare providers globally, ensuring a reliable supply chain and increasing brand loyalty among clinicians leveraging arterial blood collection devices.
Vygon SA is another key player in the Arterial Blood Collection Devices Market, known for its focus on specialized healthcare solutions. The company offers a diverse range of products, including arterial cannulas and blood collection systems designed for both adult and pediatric use, emphasizing their commitment to safety and ease of use. Vygon SA's strengths are derived from its innovative product designs and the development of sophisticated manufacturing techniques that support the reliable production of high-quality devices. With a strong presence not only in Europe but expanding into other global regions, Vygon SA strategically pursues mergers and acquisitions to enhance its market footprint and diversify its product offerings. The company's consistent emphasis on research and development keeps it at the forefront of innovation, enabling it to respond quickly to market demands and regulatory changes. By maintaining a keen focus on customer needs and forging strategic partnerships, Vygon SA continues to strengthen its position in the Arterial Blood Collection Devices Market.
Key Companies in the Arterial Blood Collection Devices Market Include:
- Medline Industries
- Vygon SA
- Fisher Scientific
- Nipro Corporation
- Smiths Medical
- Halyard Health
- R. Bard
- Vital Signs
- Abbott Laboratories
- Medtronic
- Cardinal Health
- Sarstedt AG
- Becton Dickinson and Company
- Greiner BioOne International
- Terumo Corporation
Arterial Blood Collection Devices Market Industry Developments
Notably, in June 2023, Medline Industries launched an innovative range of arterial blood collection devices aimed at enhancing user safety and efficiency. Additionally, during September 2023, Terumo Corporation expanded its product line to include advanced collection kits, emphasizing usability for healthcare professionals.
The market continues to witness consolidation, with Vygon SA's acquisition of a regional competitor reported in October 2023, aimed at strengthening its market position. Such mergers enhance operational capacity and reach within the market. Companies like Abbott Laboratories and Becton Dickinson and Company are also focusing on Research and Development initiatives to introduce new technologies. The increasing prevalence of chronic diseases further propels the demand for blood collection devices, with healthcare providers emphasizing the importance of reliable collection methods.
Over the past two years, significant investment in healthcare infrastructure globally, particularly following the COVID-19 pandemic, has also positively influenced the arterial blood collection devices market, evidenced by consistent market growth and innovations tailored to improve patient outcomes.
Arterial Blood Collection Devices Market Segmentation Insights
Arterial Blood Collection Devices Market Product Type Outlook
- Syringes
- Needles
- Collection Tubes
- Safety Blood Collection Devices
Arterial Blood Collection Devices Market End User Outlook
- Hospitals
- Diagnostic Laboratories
- Blood Banks
Arterial Blood Collection Devices Market Application Outlook
- Diagnostic Testing
- Therapeutic Procedures
- Blood Donation
Arterial Blood Collection Devices Market Material Outlook
- Plastic
- Glass
- Synthetic Materials
Arterial Blood Collection Devices Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
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Report Attribute/Metric
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Details
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Market Size 2023
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1.72 (USD Billion)
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Market Size 2024
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1.81 (USD Billion)
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Market Size 2035
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3.2 (USD Billion)
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Compound Annual Growth Rate (CAGR)
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5.32% (2025 - 2035)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Base Year
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2024
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Market Forecast Period
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2025 - 2035
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Historical Data
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2019 - 2024
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Market Forecast Units
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USD Billion
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Key Companies Profiled
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Medline Industries, Vygon SA, Fisher Scientific, Nipro Corporation, Smiths Medical, Halyard Health, C.R. Bard, Vital Signs, Abbott Laboratories, Medtronic, Cardinal Health, Sarstedt AG, Becton Dickinson and Company, Greiner BioOne International, Terumo Corporation
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Segments Covered
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Product Type, End User, Application, Material, Regional
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Key Market Opportunities
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Rising demand for minimally invasive procedures, Increasing prevalence of chronic diseases, Growth in home healthcare services, Technological advancements in device design, Expansion of healthcare infrastructure in emerging markets
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Key Market Dynamics
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Rising chronic disease prevalence, Increased diagnostic testing demand, Technological advancements in devices, Growing aging population, Focus on patient safety
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Countries Covered
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North America, Europe, APAC, South America, MEA
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Arterial Blood Collection Devices Market Highlights:
Frequently Asked Questions (FAQ) :
The Arterial Blood Collection Devices Market was valued at approximately 1.81 billion USD in 2024.
The expected CAGR for the Arterial Blood Collection Devices Market from 2025 to 2035 is 5.32 percent.
In 2024, North America held the largest market share, valued at 0.8 billion USD.
By 2035, the Arterial Blood Collection Devices Market is expected to reach a value of approximately 3.2 billion USD.
The market size for syringes in the Arterial Blood Collection Devices Market is projected to be approximately 0.82 billion USD in 2035.
Key players in the market include Medline Industries, Vygon SA, Fisher Scientific, and Becton Dickinson and Company, among others.
In 2024, the market size for safety blood collection devices was valued at approximately 0.39 billion USD.
The expected market size for collection tubes in the Arterial Blood Collection Devices Market is around 1.1 billion USD by 2035.
The Asia Pacific region is expected to see significant growth, with a projected market size of 0.55 billion USD by 2035.
Growth opportunities in the market include technological advancements and increasing demand for safe blood collection methods.
