Blood Collection Market Research Report – Global Forecast till 2030

Blood Collection Market Research Report: by Type of blood collection (capillary, venous, vacuum), by product (blood collection devices, blood collection tubes, needles and syringes, lancets), by method (automated, manual), end user - Forecast Till 2030

ID: MRFR/MED/5548-HCR | November 2022 | Region: Global | 90 Pages         

Blood Collection Market

Blood Collection Market is projected to be worth USD 7460 million at CAGR of 6.80 % during the forecast period.

Segmentation

By Type capillary venous vacuum
By product blood collection devices blood collection tubes needles and syringes lancets
By method automated manual

Key Players

  • BD
  • Medtronic
  • Terumo
  • Haemonetics
  • Fresenius
  • Nipro Medical
  • Kawasumi Laboratories
  • F.L. Medical
  • Greiner Holding
  • Grifols
  • B. Braun Melsungen AG
  • Thermo Fisher Scientific Inc.
  • HTL-STREFA S.A.
  • Sarstedt AG & Co

Drivers

  • Rising awareness about blood collection techniques
  • Rising demand for early diagnosis of chronic conditions
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Blood Collection Market Overview


Blood collection market was held a valuation of USD 7460 Million in 2017 and is projected to grow at CAGR of 6.80% over the 2022-2030. In the treatment of patients, the collection of blood plays an integral role. In laboratory medicine, blood collection is persisting as a diagnostic tool. In general, the collection of the blood is for the purpose of conducting different laboratory tests. There are several types of blood collection devices available on the market. Of these, the Capillary Blood Collection is widely used for clinical testing as it is considered to be simple and includes painless procedures.


The global Blood Collection market growth is driven due to the developing healthcare infrastructure across the world. Moreover, the increasing demand for early diagnosis of chronic conditions and increasing awareness about blood collection techniques is projected to fuel the market growth during the research period. Additionally, the rising improvement in research & development activities and government funding in developing the blood collection devices are projected to bring lucrative growth opportunities for the Blood collection market. However, the high cost associated with the automated blood collection devices can be the major market restraint in the review period.


Blood Collection Market Segmentation


The blood collection market has been segmented into type of blood collection, product, method, and end user.


The market, on the basis of type of blood collection, has been segmented into capillary blood collection, venous blood collection, and vacuum blood collection.


The market, by product, has been segmented into blood collection devices, blood collection tubes and collector, needles and syringes, warming devices, blood bags, lancets, and others. The blood collection tubes and collector segment is further classified as serum collection tubes, and plasma or whole blood collection tubes. The plasma or whole blood collection tubes segment includes EDTA tubes, heparin tubes, coagulation tubes, glucose tubes, and ESR tubes.


The market, by method, has been segmented into automated blood collection and manual blood collection.


The market, by end user, has been segmented into hospitals & clinics, diagnostic centres and pathology laboratories, home diagnostics, blood banks, and others. The hospitals & clinics segment is anticipated to hold the largest market share owing to the increasing cases of chronic conditions. The diagnostic centres and pathology laboratories are expected to grow at the highest CAGR owing to the ongoing research on better blood sampling approaches.


The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The blood collection market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.


The European blood collection market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 


The blood collection market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The blood collection market in the Middle East & Africa has been segmented into the Middle East and Africa.


Blood Collection Market Key players


BD, Medtronic, Terumo, Haemonetics, Fresenius, Nipro Medical, Kawasumi Laboratories, F.L. Medical, Greiner Holding, Grifols, B. Braun Melsungen AG, Thermo Fisher Scientific Inc., HTL-STREFA S.A., Sarstedt AG & Co and others are some of the key players in the blood collection market.


Regional Market Summary


Geographically, the Americas is anticipated to dominate the blood collection market owing to rising healthcare expenditure, increasing cases of chronic conditions and technological advancements in blood collection.


According to the data suggested by Centres for Disease Control and Prevention (CDC) in 2017, 38,739 people received an HIV diagnosis in the US. An antigen/antibody test performed on blood from a vein can usually detect HIV infection 18 to 45 days after an exposure.


Europe is expected to hold the second largest position in the blood collection market. The market growth in this region is attributed to the government funding and improvement in research & development activities.


The blood collection market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to the awareness regarding use of sterile devices for blood collection and rising healthcare spending. According to the World Bank Group, India spent 3.89% of its Gross Domestic Product (GDP) on health.


The Middle East & Africa are expected to hold the least share of the market. The market growth in this region is expected to be driven by rising awareness about blood collection techniques and developing healthcare infrastructure.


Global Market, by Type



  • Capillary Blood Collection

  • Venous Blood Collection

  • Vacuum Blood Collection


Global Market, by Product



  • Blood Collection Devices

  • Blood Collection Tubes and collector


    • Serum Collection Tubes

    • Plasma or Whole Blood Collection tubes


      • EDTA Tubes

      • Heparin Tubes

      • Coagulation Tubes

      • Glucose Tubes

      • ESR Tubes



  •  Needles and Syringes

  • Warming Devices

  • Blood Bags

  • Lancets

  • Others


Global Market, by Method



  • Automated Blood Collection

  • Manual Blood Collection


Global Market, by End User



  • Hospitals & Clinics

  • Diagnostic Centres and Pathology Laboratories

  • Home Diagnostics

  • Blood Banks

  • Others


Global Market, by Region



  • Americas


    • North America


      • US

      • Canada


    • South America


  • Europe


    • Western Europe


      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe


    • Eastern Europe


  • Asia-Pacific


    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific


  • The Middle East & Africa


    • Middle East

    • Africa



Global Market, by Key Players



  • Braun Melsungen AG

  • BD

  • L. Medical

  • Fresenius

  • Greiner Holding

  • Grifols

  • Haemonetics

  • HTL-STREFA S.A.

  • Kawasumi Laboratories

  • Medtronic

  • Nipro Medical

  • Sarstedt AG & Co

  • Terumo

  • Thermo Fisher Scientific Inc.


Recent Development


In 2021, the prominent market player Terumo Blood and Cell Technologies announced its collaboration with CSL Plasma. This collaboration has aimed to provide a new plasma collection platform. In the same year, the MiniCollect PIXIE Heel Incision Safety Lancet was introduced by the market player Greiner Bio-One, which has aimed to expand its portfolio with the development of a new safety lancet. This has been developed to fulfil the individual needs and for heel incisions.


In 2021, the prominent player Quest Diagnostics Incorporated acquired Boca Raton-based Nationwide Laboratory Services to empower better health for South Florida communities.

Intended Audience



  • Research and Development Organization

  • Diagnostic Laboratories

  • Healthcare Organizations

  • Academics and Research Institutes

  • Medical Devices Companies



Report Scope:

Report Attribute/Metric Details
  Market Size   2030 : Significant Value
  CAGR   6.80% (2020 - 2030)
  Base Year   2020
  Forecast Period   2022-2030
  Historical Data   2021
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, Product, Method, End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BD, Medtronic, Terumo, Haemonetics, Fresenius, Nipro Medical, Kawasumi Laboratories, F.L. Medical, Greiner Holding, Grifols, B. Braun Melsungen AG, Thermo Fisher Scientific Inc., HTL-STREFA S.A., Sarstedt AG & Co
  Key Market Opportunities   Government funding and improvement in research & development activities
  Key Market Drivers

  • Rising awareness about blood collection techniques
  • Developing healthcare infrastructure
  • Rising demand for early diagnosis of chronic conditions


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    Frequently Asked Questions (FAQ) :

    In 2017, the market had a valuation of USD 7460 million.

    The anticipated CAGR of the market would be 6.80% during the forecast period (2022-2030).

    The market has end users in the form of diagnostic centers & pathology laboratories, hospitals & clinics, blood banks, home diagnostics, and others.

    The market has types like venous blood collection, capillary blood collection, and vacuum blood collection.

    The Asia Pacific region has the possibility to emerge as the fastest-growing market.