Blood Collection Market To Be Driven By The Increasing Demand For Needles,Syringes, Tubes & Blood Bags Till 2025:Grand View Research,inc.
The global blood collection market is expected to reach a
value of USD 13.3 billion by 2025, according to a new report by Grand View
Research, Inc. The increasing incidence of infectious and non-communicable
diseases is a major factor anticipated to propel the market growth during the
forecast period. According to the Centers for Disease Control and Prevention
(CDC), in 2013, around 19.3 million people visited the physician’s clinic for
infectious and parasitic diseases testing in the U.S. Moreover, according to
International Diabetes Federation, 415 million people suffered from diabetes in
2014 and this number is expected to rise up to 642 million by 2040. Thus, the
increasing incidence of accidents and trauma cases is another factor that
drives the demand for blood collection products for therapeutic application.
The increasing number of surgical
procedures is an additional key factor contributing to the growth. The
escalating number of accidental injury cases is expected to propel the demand
for target market products for therapeutics application. According to the CDC,
in the U.S, around 31.0 million patients visited emergency centers for
unintentional injuries in 2014. Thus, the demand for blood collection products
such as bags, needles, and syringes is growing at a high rate, which is expected
to boost the growth during the forecast period.
Browse full research report on Blood Collection Market: http://www.grandviewresearch.com/industry-analysis/blood-collection-market
Further Key Findings from
the Study Suggest:
- The needles and syringes segment was the largest
grossing segment of the blood collection market in 2015 owing to the
growing application of these devices in diagnosis and treatment of various
disorders like diabetes and blood-related diseases
- The diagnostics application segment held the largest
revenue share in 2015, owing to rising geriatric population and escalating
prevalence of infectious & non-communicable diseases
- In 2015, the hospitals segment accounted for the
largest share in the market due to an upsurge in the incidence of trauma
& accidental cases along with growing number of surgical procedures
- North America held the largest share of the blood
collection market in the year 2015. This region is estimated to uphold its
dominance during the study period
- The presence of a highly developed healthcare
infrastructure and advanced blood collection products is anticipated to
boost the growth in North America during the forecast period
- Some of the key companies include Abbott
Laboratories, NIPRO Medical Corp., Becton, Dickinson and Company, Terumo
Corp., Medtronic, Qiagen, and FL MEDICAL s.r.l.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the blood collection
market on the basis of product, application, end-use, and region:
Blood Collection Product Outlook (Revenue, USD Million;
2014 - 2025)
- Needles
and Syringes
- EDTA
Tubes
- Heparin
Tubes
- Serum-Separating
Tubes
- Plasma-Separating
Tubes
- Blood
Bags
- Others
Blood Collection Application Outlook (Revenue, USD
Million; 2014 - 2025)
- Diagnostics
- Treatment
Blood Collection End-Use Outlook (Revenue, USD Million;
2014 - 2025)
- Hospitals
- Diagnostics
centers
- Blood
banks
- Others
Blood Collection Regional Outlook (Revenue, USD Million;
2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- Latin
America
- Brazil
- Mexico
- MEA
- South
Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting services.
To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
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