The Infinium Global Research analyzes the Blood Collection Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global blood collection market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of blood collection. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the blood collection market during the period. The global blood collection market is projected to grow at a CAGR of 4.4% over the forecast period of 2018-2024.
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Blood samples are collected for measurement of blood lipids and glucose. There are three popular methods for blood collection such as arterial sampling, venipuncture sampling, and finger stick sampling. Collecting blood samples is a frequently used method to diagnose and monitor disease. Blood condition says something about the patient’s overall health condition and reveals more specific diseases and conditions. A health check of the general health usually involves a blood sample and is an extremely important, useful tool for controlling the harmful organisms presented in the blood. The average adult has approximately 5 liters of blood, and our blood typically counts for 7% of our body weight. Blood testing is one of the most powerful ways to know about one’s health. The biggest for regular blood testing is that it provides a reliable data point for measuring health and wellness and Prevention and early detection are two best ways to deal with any range of diseases, including cancer.
Increasing Number of Diagnostic Centers across the Globe that in Turn is Boosting the Growth of the Blood Collection Market
Increasing prevalence of infectious diseases and growing number of accidents where this surgical procedure carried out owing to increasing accidents are the major factors driving the growth of the blood collection market. According to the WHO, in 2012, around 266.2 to 359.5 million surgical procedures were performed globally, and this number is expected to increase in the near future. Moreover, increasing number of diagnostic centers across the globe that in turn is boosting the growth of the blood collection market.
The demand for blood collection could be hampered by risks associated with blood transfusion, mostly in underdeveloped nations. However, there are several awareness plans and campaigns conducted by governments and foreign individuals to tackle this issue. The mandate of hiring responsible and qualified healthcare professionals could create favorable growth prospects in the world blood collection market. Furthermore, technological advancements in blood collection procedures and products have opened several doors of opportunity for the key players in the blood collection market over the years to come.
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North America Accounted for the Largest Market Share in the Global Blood Collection Market
Among the geographies, North America accounted for the largest market share in the global blood collection market. The Asia Pacific region is the fastest growing region for the blood collection market. The growth in the North American region is expected to grow due to proactiveness in healthcare checkup and highly developed healthcare infrastructure. In addition, rapid adoption of advanced products in the U.S. boosts the demand for target products. Moreover, increasing geriatric population and rising prevalence of infectious diseases such as HIV infection, tuberculosis, and malaria is driving the growth in the Asia Pacific region.
Main Segments of the Blood Collection Industry
The report on global blood collection market covers segments such as, product, end-user and application. On the basis of product, the global blood collection market is categorized into blood collection needles and syringes, blood collection tubes, blood lancets, blood bags, vials and edta tubes. On the basis of end-user, the global blood collection market is categorized into hospitals, blood banks and diagnostic centers. On the basis of application, the global blood collection market is categorized into diagnostics and treatment.
Market Major Key Players of the Blood Collection Industry
The report provides profiles of the companies in the global blood collection market such as, Abbott Laboratories, Inc, Medtronic Plc, Becton, Dickinson and Company, Terumo Corporation, Nipro Corporation, QIAGEN N.V, F.L. Medical SRL, Greiner Holding AG, Haemonetics Corporation and Sarstedt AG & Co.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the blood collection.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.