Blood Collection Market by Product (Serum Tube, Plasma Tube, EDTA, Heparin, Coagulation, Glucose, Needle, Lancet, ESR, Syringe, Blood Bag), Method (Manual, Automated), End User (Hospital, Blood Bank Center, Academics, Home Care) - Global Forecast to 2022
[133 Pages Report] Blood collection is the process of acquiring blood samples from the donor for performing laboratory diagnostic tests and treating patients. This is an integral part of the blood management procedure in hospitals and blood banks centers. The global blood collection market is expected to reach USD 10.59 Billion by 2022 from USD 8.10 Billion in 2017, at a CAGR of 5.5% during forecast period. The increasing prevalence of various diseases, rising number of surgeries, and growing number of accidental and trauma cases are fueling the demand for blood collection products.
Market Dynamics
Increasing disease incidence and growing number of accidents & trauma cases
The prevalence of infectious diseases such as Human Papillomavirus (HPV), hepatitis, Human Immunodeficiency Virus (HIV), and tuberculosis are high despite significant improvements in sanitation and medicine. Traditionally, antimicrobial therapy was used as a powerful tool to combat infectious diseases; however, over the years, antimicrobial agents have failed to deliver the desired results due to the emergence of drug-resistant microbes. Owing to this, the prevalence of these infectious diseases is increasing globally. The prevalence of lifestyle diseases is also growing across the globe. This will be favorable for the market growth, as blood tests are a primary mode of diagnosing these diseases.
An increase in the number of road accidents, fires, and sports injuries has led to the increased occurrence of trauma and injury cases. According to a WHO Global Status Report on Road Safety, in 2013, road accidents were the eighth-leading cause of death worldwide. Current trends show that by 2030, road accidents will become the fifth-leading cause of death, globally. The National Trauma Institute has stated that trauma injuries accounted for 30% of life years lost (a measure to account for the age at which deaths occur) in the US in 2014.
Emergence of liquid biopsy tests
Liquid biopsy tests offer several benefits over traditional solid tissue biopsy. For example, as opposed to solid-tissue biopsy that involves the invasive collection of body tissue samples, liquid biopsy requires only body fluids, primarily the blood that can be collected non-invasively. Moreover, traditional tissue biopsies are expensive procedures that can cost from USD 15,000 to USD 60,000, depending on whether invasive surgery is required, the level of sample preparation, pathology services, and follow-on genetic tests. A liquid biopsy is very simple and entails minimal cost for sample collection and processing.
The benefits of liquid biopsy have greatly enhanced its adoption, and correspondingly increased the usage of blood collection products.
High cost of automated blood collection devices
For blood banks, capital investments in automated blood collection using apheresis devices are very high in comparison to that for whole blood collection. The average price for devices ranges between USD 45,000 and USD 55,000. Hence, smaller blood banks and hospitals do not opt for this type of blood collection. The cost of therapeutic apheresis is also very high as it includes the additional cost of disposables-between USD 1,500 and USD 3,000 per patient. Owing to their high costs, the adoption of these automated blood collection products is very low as compared to manual blood collection products in countries such as China and India. This is limiting the overall growth of the blood collection market.
Objectives of the Study
- To define, describe, and forecast the global market by product, method, end user, and region
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
- To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market players
- To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To profile the key players and comprehensively analyze their market shares and core competencies
- To track and analyze competitive developments such as acquisitions, product launches, expansions, agreements & collaborations, and approvals in the global market
Research Methodology
Top-down and bottom-up approaches were used to validate the size of the global blood collection market and estimate the size of other dependent submarkets. Various secondary sources such as World Health Organization (WHO), National Center for Biotechnology Information (NCBI), Advancing Transfusion and Cellular Therapies Worldwide, American Association of Blood Banks, directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market. The breakdown of profiles of primaries is shown in the figure below:
To know about the assumptions considered for the study, download the pdf brochure
The key players in the global blood collection market are Becton, Dickinson and Company (US), Medtronic (US), Fresenius (Germany), Nipro Medical (US), F.L. Medical (Italy), Smiths Medical (US), Grifols (Spain), Kawasumi Laboratories (Japan), and Quest Diagnostics (US).
Target Audience:
- Healthcare service providers (hospitals and pathology laboratories)
- Blood collection product manufacturers
- Blood banks
- NGOs and government organizations associated with blood collection
- Market research and consulting firms
Scope of the Report:
The research report categorizes the market into the following segments and subsegments:
By Product
- Blood Collection Tubes
- Serum Collection Tubes
- Plasma or Whole Blood Collection tubes
- EDTA Tubes
- Heparin Tubes
- Coagulation Tubes
- Glucose Tubes
- ESR Tubes
- Needles and Syringes
- Blood Bags
- Blood Collection Devices
- Lancets
By Method
- Manual Blood Collection
- Automated Blood Collection
By End User
- Hospitals and Pathology Laboratories
- Blood Banks
- Other End Users
By Region
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Rest of Europe (RoE)
- Asia Pacific
- RoW
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for the report:
Geographic Analysis
- Further breakdown of the APAC into China, Japan, and others
Company Information
- Detailed analysis and profiling of additional market players (Up to 5)
The global blood collection market is expected to account for USD 8.10 Billion in 2017 and is expected to grow at a CAGR of 5.5% to reach USD 10.59 Billion by 2022.
The growing number of accidental and trauma cases, rising number of surgeries, emergence of liquid biopsy, rise in the demand for blood components, and increasing prevalence of various diseases are the factors driving market growth.
The market is segmented into product, method, end user, and region. Based on product, the market is further divided by blood collection tubes, Needles and syringes, blood bags, blood collection devices, and lancets. The blood collection tubes segment is expected to dominate the market in 2017. Blood collection tubes enable the easy collection and multiple sample collection from a single venipuncture; this is driving its adoption in a wide range of applications.
Based on method, the market is segmented into manual blood collection and automated blood collection. The manual blood collection segment is expected to account for the largest share of the market in 2017. Lower costs (as compared to automated blood collection), high demand for whole blood transfusions, and the availability of a wide range of products for this method are the major factors driving market growth in this segment.
Based on end user, the market is further segmented into hospitals and pathology laboratories, blood banks, and other end users. In 2017, hospitals and pathology laboratories segment is expected to hold the largest share of the global blood collection market. The increasing prevalence of diseases that require blood diagnosis is a key market driver for this end-user segment.
Geographically, the global blood collection market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). North America is expected to account for the largest share of the global market in 2017. The large share of the North American region is mainly attributed to factors such as government initiatives for blood safety, increasing prevalence of lifestyle diseases, the presence of key players, and increasing adoption of automated blood collection devices in this region. The APAC region is expected to grow at the highest CAGR over the next five years. A large population base, improving healthcare infrastructure, growing medical tourism, increasing number of hospitals, and rising disposable incomes in the region are expected to offer significant growth opportunities for key players operating in the market.
Some of the key players in the market are BD (US), Medtronic (US), and Terumo (Japan).
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 13)
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders
2 Research Methodology (Page No. - 16)
2.1 Primary Data
2.1.1 Key Data From Primary Sources
2.1.2 Key Industry Insights
2.2 Secondary Data
2.2.1 Key Data From Secondary Sources
2.3 Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.4.1 Assumptions for the Study
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 27)
4.1 Blood Collection Market Overview
4.2 Europe: Market, By End User (2017)
4.3 Global Market, By Product, 2017 vs 2022 (USD Billion)
4.4 Global Market, By End User
5 Market Overview (Page No. - 30)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Disease Incidence and Growing Number of Accident & Trauma Cases
5.2.1.2 Emergence of Liquid Biopsy Tests
5.2.1.3 Rising Demand for Blood Components
5.2.2 Restraint
5.2.2.1 High Cost of Automated Blood Collection Devices
5.2.3 Opportunity
5.2.3.1 Technological Advancements in Blood Collection Procedures and Products
5.2.4 Challenge
5.2.4.1 Lack of Skilled Professionals
6 Blood Collection Market, By Product (Page No. - 34)
6.1 Introduction
6.2 Blood Collection Tubes
6.2.1 Serum Tubes
6.2.2 Plasma/Whole Blood Tubes
6.2.2.1 Edta Tubes
6.2.2.2 Heparin Tubes
6.2.2.3 Coagulation Tubes
6.2.2.4 Glucose Tubes
6.2.2.5 Erythrocyte Sedimentation Rate (ESR) Tubes
6.3 Needles & Syringes
6.4 Blood Bags
6.5 Blood Collection Devices
6.6 Lancets
7 Blood Collection Market, By Method (Page No. - 50)
7.1 Introduction
7.2 Manual Blood Collection
7.3 Automated Blood Collection
8 Blood Collection Market, By End User (Page No. - 55)
8.1 Introduction
8.2 Hospitals and Pathology Laboratories
8.3 Blood Banks
8.4 Other End Users
9 Blood Collection Market, By Region (Page No. - 62)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Rest of Europe
9.4 Asia Pacific
9.5 Rest of the World
10 Competitive Landscape (Page No. - 89)
10.1 Market Overview
10.2 Market Ranking Analysis, 2016
10.3 Competitive Situation and Trends
10.3.1 Product Launches & Approval
10.3.2 Acquisitions
10.3.3 Agreements
10.3.4 Other Developments
11 Company Profiles (Page No. - 92)
(Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments and SWOT Analysis.)*
11.1 Becton, Dickinson and Company
11.2 Medtronic
11.3 Terumo Corporation
11.4 Haemonetics
11.5 Fresenius
11.6 Nipro Medical Corporation
11.7 F.L. Medical
11.8 Greiner Holding
11.9 Smiths Group
11.10 Grifols
11.11 Kawasumi Laboratories
11.12 Quest Diagnostics
11.13 Sarstedt
11.14 Retractable Technologies
11.15 Ab Medical
*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments and SWOT Analysis, Key Relationships Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 124)
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details
List of Tables (105 Tables)
Table 1 Indicative List of Companies That Introduced Safety Products in the Blood Collection Market
Table 2 Market, By Product, 20152022 (USD Million)
Table 3 Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 4 Blood Collection Tubes Market, By Region, 20152022 (USD Million)
Table 5 North America: Blood Collection Tubes Market, By Country, 20152022 (USD Million)
Table 6 Europe: Blood Collection Tubes Market, By Country, 20152022 (USD Million)
Table 7 Blood Collection Tubes Market for Serum, By Region, 20152022 (USD Million)
Table 8 North America: Blood Collection Tubes Market for Serum, By Country, 20152022 (USD Million)
Table 9 Europe: Blood Collection Tubes Market for Serum, By Country, 20152022 (USD Million)
Table 10 Blood Collection Tubes Market for Plasma/Whole Blood, By Type, 20152022 (USD Million)
Table 11 Blood Collection Tubes Market for Plasma/Whole Blood, By Region, 20152022 (USD Million)
Table 12 North America: Blood Collection Tubes Market for Plasma/Whole Blood, By Country, 20152022 (USD Million)
Table 13 Europe: Blood Collection Tubes Market for Plasma/Whole Blood, By Country, 20152022 (USD Million)
Table 14 Blood Collection Market for Edta Tubes, By Region, 20152022 (USD Million)
Table 15 Global Market for Heparin Tubes, By Region, 20152022 (USD Million)
Table 16 Global Market for Coagulation Tubes, By Region, 20152022 (USD Million)
Table 17 Global Market for Glucose Tubes, By Region, 20152022 (USD Million)
Table 18 Global Market for ESR Tubes, By Region, 20152022 (USD Million)
Table 19 Blood Collection Needles and Syringes Market, By Region, 20152022 (USD Million)
Table 20 North America: Blood Collection Needles and Syringes Market, By Country, 20152022 (USD Million)
Table 21 Europe: Blood Collection Needles and Syringes Market, By Country, 20152022 (USD Million)
Table 22 Blood Bags Market, By Region, 20152022 (USD Million)
Table 23 North America: Blood Bags Market, By Country, 20152022 (USD Million)
Table 24 Europe: Blood Bags Market, By Country, 20152022 (USD Million)
Table 25 Blood Collection Devices Market, By Region, 20152022 (USD Million)
Table 26 North America: Blood Collection Devices Market, By Country, 20152022 (USD Million)
Table 27 Europe: Blood Collection Devices Market, By Country, 20152022 (USD Million)
Table 28 Blood Collection Lancets Market, By Region, 20152022 (USD Million)
Table 29 North America: Blood Collection Lancets Market, By Country, 20152022 (USD Million)
Table 30 Europe: Blood Collection Lancets Market, By Country, 20152022 (USD Million)
Table 31 Global Blood Collection Market, By Method, 20152022 (USD Million)
Table 32 Manual Market, By Region, 20152022 (USD Million)
Table 33 North America: Manual Market, By Country, 20152022 (USD Million)
Table 34 Europe: Manual Market, By Country, 20152022 (USD Million)
Table 35 Automated Market, By Region, 20152022 (USD Million)
Table 36 North America: Automated Market, By Country, 20152022 (USD Million)
Table 37 Europe: Automated Market, By Country, 20152022 (USD Million)
Table 38 Global Market, By End User, 20152022 (USD Million)
Table 39 Global Market for Hospitals and Pathology Laboratories, By Region, 20152022 (USD Million)
Table 40 North America: Market for Hospitals and Pathology Laboratories, By Country, 20152022 (USD Million)
Table 41 Europe: Market for Hospitals and Pathology Laboratories, By Country, 20152022 (USD Million)
Table 42 Global Market for Blood Banks, By Region, 20152022 (USD Million)
Table 43 North America: Market for Blood Banks, By Country, 20152022 (USD Million)
Table 44 Europe: Market for Blood Banks, By Country, 20152022 (USD Million)
Table 45 Blood Collection Market for Other End Users, By Region, 20152022 (USD Million)
Table 46 North America: Market for Other End Users, By Country, 20152022 (USD Million)
Table 47 Europe: Market for Other End Users, By Country, 20152022 (USD Million)
Table 48 Global Market, By Region, 20152022 (USD Million)
Table 49 North America: Market, By Country, 20152022 (USD Million)
Table 50 North America: Market, By Product, 20152022 (USD Million)
Table 51 North America: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 52 North America: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 53 North America: Market, By Method, 20152022 (USD Million)
Table 54 North America: Market, By End User, 20152022 (USD Million)
Table 55 US: Blood Collection Market, By Product, 20152022 (USD Million)
Table 56 US: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 57 US: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 58 US: Market, By Method, 20152022 (USD Million)
Table 59 US: Market, By End User, 20152022 (USD Million)
Table 60 Canada: Market, By Product, 20152022 (USD Million)
Table 61 Canada: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 62 Canada: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 63 Canada: Market, By Method, 20152022 (USD Million)
Table 64 Canada: Market, By End User, 20152022 (USD Million)
Table 65 Europe: Blood Collection Market, By Country, 20152022 (USD Million)
Table 66 Europe: Market, By Product, 20152022 (USD Million)
Table 67 Europe: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 68 Europe: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 69 Europe: Market, By Method, 20152022 (USD Million)
Table 70 Europe: Market, By End User, 20152022 (USD Million)
Table 71 Germany: Market, By Product, 20152022 (USD Million)
Table 72 Germany: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 73 Germany: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 74 Germany: Market, By Method, 20152022 (USD Million)
Table 75 Germany: Market, By End User, 20152022 (USD Million)
Table 76 France: Blood Collection Market, By Product, 20152022 (USD Million)
Table 77 France: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 78 France: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 79 France: Market, By Method, 20152022 (USD Million)
Table 80 France: Market, By End User, 20152022 (USD Million)
Table 81 UK: Market, By Product, 20152022 (USD Million)
Table 82 UK: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 83 UK: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 84 UK: Market, By Method, 20152022 (USD Million)
Table 85 UK: Market, By End User, 20152022 (USD Million)
Table 86 RoE: Blood Collection Market, By Product, 20152022 (USD Million)
Table 87 RoE: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 88 RoE: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 89 RoE: Market, By Method, 20152022 (USD Million)
Table 90 RoE: Market, By End User, 20152022 (USD Million)
Table 91 Asia Pacific: Market, By Product, 20152022 (USD Million)
Table 92 Asia Pacific: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 93 Asia Pacific: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 94 Asia Pacific: Market, By Method, 20152022 (USD Million)
Table 95 Asia Pacific: Market, By End User, 20152022 (USD Million)
Table 96 RoW: Blood Collection Market, By Product, 20152022 (USD Million)
Table 97 RoW: Blood Collection Tubes Market, By Type, 20152022 (USD Million)
Table 98 RoW: Blood Collection Tubes Market for Plasma/Whole Blood Collection, By Type, 20152022 (USD Million)
Table 99 RoW: Market, By Method, 20152022 (USD Million)
Table 100 RoW: Market, By End User, 20152022 (USD Million)
Table 101 Rank of Companies in the Global Market, 2017
Table 102 Product Launches & Approvals, 2015-2017
Table 103 Acquisitions, 2015-2017
Table 104 Agreement, 2015 & 2017
Table 105 Other Developments, 2015 to 2017
List of Figures (29 Figures)
Figure 1 Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Blood Collection Market, By Product Type, 2017 vs 2022
Figure 7 Global Market, By Method Type, 2017 vs 2022
Figure 8 Global Market, By End User, 2017 vs 2022
Figure 9 Geographical Snapshot of the Global Market
Figure 10 Increasing Incidence of Diseases & Rising Demand for Blood ComponentsKey Drivers for the Market
Figure 11 Hospitals and Pathology Labs to Account for the Largest Market Share in 2017
Figure 12 Blood Collection Tubes Will Continue to Dominate the Global Market in 2022
Figure 13 Hospitals and Pathology Laboratories Segment to Account for the Largest Market Share in 2017
Figure 14 Blood Collection Market: Drivers, Restraints, Opportunities, and Challenges
Figure 15 Global Market: Geographic Snapshot (2017)
Figure 16 North America: Market Snapshot
Figure 17 Asia Pacific: Market Snapshot
Figure 18 Becton, Dickinson and Company: Company Snapshot (2016)
Figure 19 Medtronic: Company Snapshot (2016)
Figure 20 Terumo Corporation: Company Snapshot (2016)
Figure 21 Haemonetics: Company Snapshot (2017)
Figure 22 FreseniUS: Company Snapshot (2016)
Figure 23 Nipro Medical Corporation: Company Snapshot (2017)
Figure 24 Greiner Holding: Company Snapshot (2016)
Figure 25 Smiths Group: Company Snapshot (2016)
Figure 26 Grifols: Company Snapshot (2016)
Figure 27 Kawasumi Laboratories: Company Snapshot (2016)
Figure 28 Quest Diagnostics: Company Snapshot (2016)
Figure 29 Retractable Technologies: Company Snapshot (2016)
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Growth opportunities and latent adjacency in Blood Collection Market