HOME Top Market Reports Blood Collection Market by Product (Syringes, Needles, EDTA, Heparin, Serum, Tubes, Blood Lancets, Blood Bags, Vials), Application (Diagnostic, Treatment, Infectious Diseases, Non Infectious Diseases) & End User (Blood Banks, Hospitals) - Forecast to 2021

Blood Collection Market by Product (Syringes, Needles, EDTA, Heparin, Serum, Tubes, Blood Lancets, Blood Bags, Vials), Application (Diagnostic, Treatment, Infectious Diseases, Non Infectious Diseases) & End User (Blood Banks, Hospitals) - Forecast to 2021

By: marketsandmarkets.com
Publishing Date: July 2016
Report Code: MD 4465

 

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The blood collection market is expected to reach USD 9.90 Billion by 2021 from USD 7.65 Billion in 2016, at CAGR of 5.3% from 2016 to 2021. Factors such as rising incidences of diseases, growing number of trauma and accidental cases, and increasing number of surgical procedures are contributing to the growth of the blood collection market. Moreover, the increasing use of RFID in the transfusion process and the growing popularity of needle-free devices are expected to offer significant growth opportunities for players in the blood collection market. However, risks associated with blood transfusions in underdeveloped regions is expected to restrain the growth of this market to a certain extent during the forecast period.

On the basis of products, the blood collection market is divided into blood collection needles and syringes, blood collection tubes, blood lancets, blood bags, vials, and others (microscopic slides, slide stainers, and test tube racks). The blood collection needles and syringes segment is expected to account for the largest share of the blood collection market in 2016. The growing demand of blood collection needles and syringes in surgical procedures is the major factor contributing to the growth of this segment.

North America is expected to account for the largest share of the blood collection market in 2016. The growing incidences of infectious and lifestyle diseases is propelling market growth in this region. The Asia-Pacific region is expected to grow at the highest CAGR in the forecast period. The blood collection market in the Asia-Pacific region is primarily driven by the improving healthcare infrastructure, increasing number of hospitals, and rising disposable incomes.

Major players in this market include Becton, Dickinson and Company (U.S.), Abbott Laboratories (U.S.), Nipro Medical Corporation (Japan), and Terumo Corporation (Japan).

Target Audience:

  • Vendors/service providers
  • Healthcare service providers (such as hospitals and physicians)
  • Blood collection product companies
  • Red cross societies
  • Diagnostic centers
  • Blood banks

To know about the assumptions considered for the study, download the pdf brochure

Scope of the Report:

This research report categorizes the blood collection market into the following segments and subsegments:

Blood Collection Market, by Product

  • Blood Collection Needles and Syringes
  • Blood Collection Tubes
    • EDTA
    • Heparin
    • Serum-separating Tubes
    • Plasma-separating Tubes
  • Blood Lancets
  • Blood Bags
  • Vials
  • Others (Microscopic Slides, Slide Stainers, and Test Tube Racks)

Blood Collection Market, by Application

  • Diagnostics
    • Infectious Diseases
    • Non-infectious Diseases   
  • Treatment

Blood Collection Market, by End User

  • Hospitals and Diagnostic Centers
  • Blood Banks
  • Other End Users (Long-term Acute Care Centers, Trauma Centers, and Nursing Homes)

Blood Collection Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Rest of Europe (ROE)
  • Asia-Pacific
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

  • Company Information
    • Volume data for top 3 product segment
    • Pricing analysis

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of The Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for The Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Market Size Estimation
    2.2 Market Breakdown and Data Triangulation
           2.2.1 Key Data From Secondary Sources
           2.2.2 Key Data From Primary Sources
                    2.2.2.1 Key Industry Insights
           2.2.3 Assumptions for The Study

3 Executive Summary (Page No. - 25)
    3.1 Introduction
    3.2 Current Scenario
    3.3 Future Outlook
    3.4 Conclusion

4 Premium Insights (Page No. - 30)
    4.1 Blood Collection: Market Overview
    4.2 Geographic Analysis: Blood Collection Market, By Product
    4.3 Blood Collection Market, By Diagnostic Application
    4.4 Blood Collection Market, By End User
    4.5 Blood Collection Market, By Application
    4.6 Geographical Snapshot of The Blood Collection Market
    4.7 Lifecycle Analysis, By Region

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Rising Incidences of Diseases
                    5.3.1.2 Growing Number of Accident and Trauma Cases
                    5.3.1.3 Increasing Number of Surgeries
           5.3.2 Restraints
                    5.3.2.1 Risks Associated With Blood Transfusions in Underdeveloped Regions
           5.3.3 Opportunities
                    5.3.3.1 Use of Rfid in The Transfusion Process
                    5.3.3.2 Needle-Free Devices
           5.3.4 Challenges
                    5.3.4.1 Regulatory Challenges

6 Blood Collection Market, By Product (Page No. - 42)
    6.1 Introduction
    6.2 Blood Collection Needles and Syringes
    6.3 Blood Collection Tubes
           6.3.1 Edta Tubes
           6.3.2 Heparin Tubes
           6.3.3 Serum Separating Tubes
           6.3.4 Plasma Separating Tubes
    6.4 Blood Lancets
    6.5 Blood Bags
    6.6 Vials
    6.7 Other Blood Collection Products

7 Blood Collection Market, By Application (Page No. - 61)
    7.1 Introduction
    7.2 Diagnostic Applications
           7.2.1 Infectious Diseases
           7.2.2 Non-Infectious Diseases
    7.3 Treatment

8 Blood Collection Market, By End User (Page No. - 72)
    8.1 Introduction
           8.1.1 Hospitals and Diagnostic Centers
           8.1.2 Blood Banks
           8.1.3 Other End Users

9 Blood Collection Market, By Region (Page No. - 80)
    9.1 Introduction
    9.2 North America
           9.2.1 U.S.
           9.2.2 Canada
    9.3 Europe
           9.3.1 Germany
           9.3.2 U.K.
           9.3.3 France
           9.3.4 RoE
    9.4 Asia-Pacific (APAC)
    9.5 Rest of The World (RoW)

10 Competitive Landscape (Page No. - 114)
     10.1 Overview
     10.2 Battle for Market Share
     10.3 Product Launches
     10.4 Acquisitions
     10.5 Expansions
     10.6 Agreements and Partnerships
     10.7 Other Developments

11 Company Profiles (Page No. - 122)
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
     11.1 Introduction
     11.2 Abbott Laboratories Inc.
     11.3 Medtronic
     11.4 Becton, Dickinson and Company
     11.5 Terumo Corporation
     11.6 Nipro Medical Corporation
     11.7 Qiagen
     11.8 F.L. Medical SRL
     11.9 Greiner Holding AG
     11.10 Haemonetics Corporation
     11.11 Sarstedt AG & Co.

*Details on Marketsandmarkets View, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 146)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Other Developments
     12.4 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.5 Introducing RT: Real-Time Market Intelligence
     12.6 Available Customizations
     12.7 Related Reports


List of Tables (103 Tables)

Table 1 Global Prevalence of Diseases
Table 2 Death Rate (Per 100,000 People) Due to Road Accidents in 2014
Table 3 Prevalence of Transfusion Transmissible Infections in Blood Donations, By Income Group (2012)
Table 4 Indicative List of Companies That Received Fda Approvals for Needle-Free Devices
Table 5 Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 6 Blood Collection Market Size for Needles and Syringes, By Region, 2014–2021 (USD Million)
Table 7 North America: Blood Collection Market Size for Needles and Syringes, By Country, 2014–2021 (USD Million)
Table 8 Europe: Blood Collection Market Size for Needles and Syringes, By Country, 2014–2021 (USD Million)
Table 9 Blood Collection Market Size for Tubes, By Type, 2014–2021 (USD Million)
Table 10 Blood Collection Market Size for Tubes, By Region, 2014–2021 (USD Million)
Table 11 North America: Blood Collection Market Size for Tubes, By Region, 2014–2021 (USD Million)
Table 12 Europe: Blood Collection Market Size for Tubes, By Region, 2014–2021 (USD Million)
Table 13 Blood Collection Market Size for Edta Tubes, By Region, 2014–2021 (USD Million)
Table 14 Blood Collection Market Size for Heparin Tubes, By Region, 2014–2021 (USD Million)
Table 15 Blood Collection Market Size for Serum Separating Tubes, By Region, 2014–2021 (USD Million)
Table 16 Blood Collection Market Size for Plasma Separating Tubes, By Region, 2014–2021 (USD Million)
Table 17 Blood Collection Market Size for Blood Lancets, By Region, 2014–2021 (USD Million)
Table 18 North America: Blood Collection Market Size for Blood Lancets, By Country, 2014–2021 (USD Million)
Table 19 Europe: Blood Collection Market Size for Blood Lancets, By Country, 2014–2021 (USD Million)
Table 20 Blood Collection Market Size for Blood Bags, By Region, 2014–2021 (USD Million)
Table 21 North America: Blood Collection Market Size for Blood Bags, By Country, 2014–2021 (USD Million)
Table 22 Europe: Blood Collection Market Size for Blood Bags, By Country, 2014–2021 (USD Million)
Table 23 Blood Collection Market Size for Vials, By Region, 2014–2021 (USD Million)
Table 24 North America: Blood Collection Market Size for Vials, By Region, 2014–2021 (USD Million)
Table 25 Europe: Blood Collection Market Size for Vials, By Country, 2014–2021 (USD Million)
Table 26 Blood Collection Market Size for Other Blood Collection Products, By Region, 2014–2021 (USD Million)
Table 27 North America: Blood Collection Market Size for Other Blood Collection Products, By Region, 2014–2021 (USD Million)
Table 28 Europe: Blood Collection Market Size for Other Blood Collection Products, By Country, 2014–2021 (USD Million)
Table 29 Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 30 Blood Collection Market Size for Diagnostic Applications, By Type, 2014–2021 (USD Million)
Table 31 Blood Collection Market Size for Diagnostic Applications, By Region, 2014–2021 (USD Million)
Table 32 North America: Blood Collection Market Size for Diagnostic Applications, By Country, 2014–2021 (USD Million)
Table 33 Europe: Blood Collection Market Size for Diagnostic Applications, By Country, 2014–2021 (USD Million)
Table 34 Blood Collection Market Size for Infectious Diseases, By Region, 2014–2021 (USD Million)
Table 35 North America: Blood Collection Market Size for Infectious Diseases, By Country, 2014–2021 (USD Million)
Table 36 Europe: Blood Collection Market Size for Infectious Diseases, By Country, 2014–2021 (USD Million)
Table 37 Blood Collection Market Size for Non-Infectious Diseases, By Region, 2014–2021 (USD Million)
Table 38 North America: Blood Collection Market Size for Non-Infectious Diseases, By Country, 2014–2021 (USD Million)
Table 39 Europe: Blood Collection Market Size for Non-Infectious Diseases, By Country, 2014–2021 (USD Million)
Table 40 Blood Collection Market Size for Treatment Applications, By Region, 2014–2021 (USD Million)
Table 41 North America: Blood Collection Market Size for Treatment Applications, By Country, 2014–2021 (USD Million)
Table 42 Europe: Blood Collection Market Size for Treatment Applications, By Country, 2014–2021 (USD Million)
Table 43 Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 44 Blood Collection Market Size for Hospitals and Diagnostic Centers, By Region, 2014–2021 (USD Million)
Table 45 North America: Blood Collection Market Size for Hospitals and Diagnostic Centers, By Country, 2014–2021 (USD Million)
Table 46 Europe: Blood Collection Market Size for Hospitals and Diagnostic Centers, By Country, 2014–2021 (USD Million)
Table 47 Blood Collection Market Size for Blood Banks, By Region, 2014–2021 (USD Million)
Table 48 North America: Blood Collection Market Size for Blood Banks, By Country, 2014–2021 (USD Million)
Table 49 Europe: Blood Collection Market Size for Blood Banks, By Country, 2014–2021 (USD Million)
Table 50 Blood Collection Market Size for Other End Users, By Region, 2014–2021 (USD Million)
Table 51 North America: Blood Collection Market Size for Other End Users, By Country, 2014–2021 (USD Million)
Table 52 Europe: Blood Collection Market Size for Other End Users, By Country, 2014–2021 (USD Million)
Table 53 Blood Collection Market Size, By Region 2014–2021 (USD Million)
Table 54 North America: Blood Collection Market Size, By Country, 2014–2021 (USD Million)
Table 55 North America: Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 56 North America: Blood Collection Market Size for Blood Collection Tubes, By Type, 2014–2021 (USD Million)
Table 57 North America: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 58 North America: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 59 North America: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 60 U.S.: Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 61 U.S.: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 62 U.S.: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 63 U.S.: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 64 Canada: Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 65 Canada: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 66 Canada: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 67 Canada: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 68 Europe: Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 69 Europe: Blood Collection Market Size for Blood Collection Tubes, By Type, 2014–2021 (USD Million)
Table 70 Europe: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 71 Europe: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 72 Europe: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 73 Germany: Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 74 Germany: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 75 Germany: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 76 Germany: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 77 U.K.: Blood Collection Size, By Product, 2014–2021 (USD Million)
Table 78 U.K.: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 79 U.K.: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 80 U.K.: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 81 France: Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 82 France: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 83 France: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 84 France: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 85 RoE: Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 86 RoE: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 87 RoE: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 88 RoE: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 89 Asia-Pacific: Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 90 Asia-Pacific: Blood Collection Market Size for Blood Collection Tubes, By Type, 2014–2021 (USD Million)
Table 91 Asia-Pacific: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 92 Asia-Pacific: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 93 Asia-Pacific: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 94 RoW: Blood Collection Market Size, By Product, 2014–2021 (USD Million)
Table 95 RoW: Blood Collection Market Size for Blood Collection Tubes, By Type, 2014–2021 (USD Million)
Table 96 RoW: Blood Collection Market Size, By Application, 2014–2021 (USD Million)
Table 97 RoW: Blood Collection Market Size for Diagnostics, By Type, 2014–2021 (USD Million)
Table 98 RoW: Blood Collection Market Size, By End User, 2014–2021 (USD Million)
Table 99 Product Launches, 2013–2016
Table 100 Acquisitions, 2013–2016
Table 101 Expansions, 2013–2016
Table 102 Agreements and Partnerships, 2013–2016
Table 103 Other Developments, 2013–2016


List of Figures (59 Figures)

Figure 1 Research Design
Figure 2 Market Size Estimation Approach
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Data Triangulation Methodology
Figure 5 Blood Collection Market Size, By Product, 2016 vs 2021 (USD Million)
Figure 6 Blood Collection Market Size, By Application, 2016 vs 2021 (USD Million)
Figure 7 Blood Collection Market Size, By End User, 2016 vs 2021 (USD Million)
Figure 8 Global Blood Collection Market, By Region, 2015 (USD Million)
Figure 9 Rising Prevalence of Various Diseases and Growing Number of Accidental & Trauma Cases—Propelling The Growth of The Blood Collection Market
Figure 10 Blood Collection Needles & Syringes Segment to Account for The Largest Share in 2016
Figure 11 Infectious Diseases Segment to Witness The Highest Growth Rate During The Forecast Period
Figure 12 Hospitals & Diagnostics Centers are The Major End Users of The Blood Collection Market
Figure 13 Diagnostics Segment to Account for The Major Share of The Blood Collection Market in 2016
Figure 14 Asia-Pacific to Grow at The Highest CAGR During The Forecast Period
Figure 15 Asia-Pacific Showcases Lucrative Growth Opportunities During The Forecast Period
Figure 16 Blood Collection Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Blood Collection Needles and Syringes Segment to Dominate The Blood Collection Products Market During The Forecast Period
Figure 18 North America to Dominate The Blood Collection Needles and Syringes Market During The Forecast Period
Figure 19 Asia-Pacific to Showcase Highest Growth Rate in The Blood Collection Tubes Market During The Forecast Period
Figure 20 Edta Collection Tubes to Dominate The Blood Collection Tubes Market From 2016 to 2021
Figure 21 North America is Expected to Dominate The Blood Lancets Market From 2016 to 2021
Figure 22 Asia-Pacific to Witness The Highest Growth Rate in Blood Bags Market During The Forecast Period
Figure 23 North America to Dominate The Vials Market From 2016 to 2021
Figure 24 Asia-Pacific to Showcase Highest Growth Rate From 2016 to 2021
Figure 25 Diagnostic Applications Segment to Dominate The Blood Collection Market During The Forecast Period
Figure 26 North America Will Continue to Dominate The Blood Collection Market for Diagnostic Applications During The Forecast Period
Figure 27 North America to Dominate The Blood Collection Market for Infectious Diseases During The Forecast Period
Figure 28 Asia-Pacific to Witness Highest Growth in The Blood Collection Market for Non-Infectious Diseases
Figure 29 North America to Account for The Largest Share of The Blood Collection Market for Treatment Applications
Figure 30 Hospitals and Diagnostic Centers Will Continue to Dominate The Blood Collection End-User Market in 2021
Figure 31 North America to Dominate The Blood Collection Market for Hospitals and Diagnostic Centers
Figure 32 North America Will Continue to Dominate The Blood Collection Market for Blood Banks in 2021
Figure 33 Asia- Pacific to Witness The Highest Growth for Other End Users Segment During The Forecast Period
Figure 34 Blood Collection Market: Geographic Snapshot
Figure 35 Asia-Pacific Blood Collection Market Shows Significant Growth Opportunities
Figure 36 North America: Blood Collection Market Snapshot (2016)
Figure 37 Blood Collection Needles and Syringes to Account for The Largest Share of The North American Market, in 2016
Figure 38 Diagnostics Segment to Account for The Largest Share of The U.S. Blood Collection Market, By Application
Figure 39 Hospitals and Diagnostics Centers End-User Segment to Witness Highest Growth Rate During The Forecast Period
Figure 40 Europe: Blood Collection Market Snapshot (2016)
Figure 41 Blood Collection Needles and Syringes Segment to Account for The Largest Share of The European Blood Collection Market
Figure 42 Diagnostics Application Segment to Witness Highest Growth in The German Blood Collection Market
Figure 43 Hospitals and Diagnostic Centers Segment in U.K. Shows Lucrative Growth Opportunities
Figure 44 Hospitals and Diagnostic Centers Segment to Account for The Largest Share in The French Blood Collection Market
Figure 45 Diagnostics Application Segment to Grow at The Highest Rate in The RoE Blood Collection Market
Figure 46 Asia-Pacific Blood Collection Market Snapshot (2016)
Figure 47 Blood Collection Needles and Syringes Segment Expected to Account for The Largest Share of The APAC Blood Collection Market
Figure 48 Blood Collection Needles and Syringes Segment to Witness Highest Growth in The RoW Market, By Product
Figure 49 Companies Majorly Pursued The Strategy of Product Launches From 2013 to July 2016
Figure 50 Product Launches -Key Growth Strategy By Market Players
Figure 51 Geographic Revenue Mix of Top 5 Players
Figure 52 Company Snapshot: Abbott Laboratories Inc.
Figure 53 Company Snapshot: Medtronic
Figure 54 Company Snapshot: Becton, Dickinson and Company
Figure 55 Company Snapshot: Terumo Corporation
Figure 56 Company Snapshot: Nipro Medical Corporation
Figure 57 Company Snapshot: Qiagen
Figure 58 Company Snapshot: Greiner Holding AG
Figure 59 Company Snapshot: Haemonetics Corporation

The blood collection market is expected to reach USD 9.90 Billion by 2021 from USD 7.65 Billion in 2016, at CAGR of 5.3% in the forecast period. Factors driving the market include rising incidences of diseases, increasing number of surgeries, and growing number of accidental and trauma cases. However, the risks associated with blood transfusions in underdeveloped regions is expected to restrain the growth of this market to a certain extent during the forecast period.

The blood collection market is broadly segmented by product, application, end user, and region. On the basis of products, the blood collection market is divided into blood collection needles and syringes, blood collection tubes, blood lancets, blood bags, vials, and others (microscopic slides, slide stainers, and test tube racks, among others). The blood collection needles and syringes segment is expected to account for the largest share of the blood collection market in 2016. The growing demand of blood collection needles and syringes in surgical procedures is the major factor contributing to the growth of this segment.

On the basis of applications, the blood collection market is bifurcated into diagnostics and treatment applications. The diagnostics segment is further categorized into infectious diseases and non-infectious diseases. The diagnostics segment is expected to account for the largest share of the blood collection market in 2016. Factors such as growing geriatric population, rising prevalence of infectious and non-infectious diseases, and growing demand of blood for treating blood-related disorders are contributing to the growth of this market segment.

On the basis of end users, the blood collection market is segmented into hospitals and diagnostic centers, blood banks, and other end users (emergency medical services, long-term acute care, trauma centers, and nursing homes). The hospitals and diagnostic centers segment is expected to account for the largest share of the blood collection market in 2016. The large share of this segment can be attributed to the increasing demand of blood for the treatment of blood disorders.

Blood Collection Market

The geographic analysis reveals that North America is expected to account for the largest share of the blood collection market in 2016. With the increase in prevalence of infectious diseases, the adoption of blood collection products in this region has grown significantly. The Asia-Pacific region, on the other hand, is expected to witness the highest growth rate in the forecast period. The presence of a large population base coupled with the improving healthcare infrastructure, growing medical tourism, increasing number of hospitals, rising disposable incomes, and emerging markets are expected to offer significant growth opportunities for players operating in the Asia-Pacific blood collection market.

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