The global blood collection devices market is projected to reach USD 7.8 billion by 2026 from USD 5.7 billion in 2021, at a CAGR of 6.0% during forecasted year. Blood collection is the process of acquiring blood samples from patients for diagnostic and therapeutic purposes. It is an integral part of the diagnosis and blood group typing process in hospitals and blood bank centres. The blood collection devices market covers the products used to collect blood from patients/donors.
The prominent players operating in the blood collection devices market include Becton, Dickinson and Company (US), Terumo BCT (US), Fresenius Kabi AG (Germany), Grifols, S.A. (Spain), Nipro Medical Corporation (Japan), Quest Diagnostics (US), SARSTEDT AG (Germany), Haemonetics Corporation (US), Greiner Bio-One (Austria), and Smiths Medical (US) among others.. Players in this market focused on partnerships, collaborations, agreements, acquisitions, mergers, expansions, and product launches & approvals to expand their market presence between January 2018 and December 2021
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FRESENIUS KABI AG (GERMANY)
Fresenius Kabi is the largest player in the blood collection devices market. The company offers a broad range of blood collection products, especially blood bags. It has maintained its market position by achieving a high level of customer satisfaction and good brand equity. Furthermore, over the years, the company has invested in building a strong brand portfolio, which further enhances the adoption of its product line amongst its customer base. The company has also built a reliable distribution network that can reach the majority of its potential market and contribute to revenue.
TERUMO BCT (US)
Terumo BCT is the second-leading company in the market, in 2020. It offers a broad range of blood collection products, especially apheresis systems. Over the years, the company has put together a dedicated product and technology platform for the blood collection devices market. With its target for mid- to long-term growth and the expansion of automation systems, the company is expected to gain and hold a competitive position in the market. It is also making targeted investments in strategically important emerging countries to strengthen its position in the market.
BECTON, DICKINSON AND COMPANY (US)
BD is the third-largest player in the global blood collection devices market, in 2020. The company offers a wide range of products in the blood collection devices market, including blood collection tubes, blood collection needles and syringes, blood bag sets, and lancets. With its strong geographic presence and extensive product portfolio, the company is expected to witness strong growth in the blood collection devices market during the forecast period.
Blood Collection Devices Market by Product (Tubes (Plasma (EDTA, Heparin), Serum), Needles & Syringes, Blood Bags, Monitors), Method (Manual, Automated), Application (Diagnostic, Therapeutic), End User (Hospitals, Blood Banks) - Global Forecast to 2026
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