Blood Collection Market Report by Value, CAGR, Industry Analysis, Latest Updates, Data and Outlook 2025 to 2037
Analysis of Blood Collection Market Size by Research Nester Reveals the Market to grow with a CAGR of 7.2% During 2025-2037 and Attain USD 28.8 billion by 2037
Research Nester assesses the growth and market size of the global blood collection market, which is anticipated to be driven by the increasing prevalence of chronic disorders.
Research Nester’s recent market research analysis on “Blood Collection Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitors analysis and a detailed overview of the global blood collection market in terms of market segmentation by product type, method, application, end user, and by region.
Automated Blood Collection Systems Gaining Widespread Adoption
The integration of automation and robotics in blood collection is anticipated to transform the medical device landscape both in terms of efficiency and accuracy. Automated blood collection systems are gaining traction owing to their accuracy and effectiveness with minimal human intervention. Several manufacturers are developing easy-to-use automated blood collection kits particularly targeting at-home patients. Easy portability and on-site blood tests and results are driving the demand for automated blood collection systems in various settings such as emergency rooms and outpatient clinics.
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Growth Drivers:
• Rising population of senior citizens who are more prone to chronic disorders
• Increasing number of surgical procedures and growing awareness regarding blood donation
Challenges
The technological advancements in the blood collection systems have the potential to improve patient care but their high costs may limit their access in poor economies. Advanced blood collection systems such as automated devices require a high upfront investment in research and development activities, which drives up the overall production costs.
High-tech blood collection devices may require regular maintenance, which can be quite expensive. Furthermore, for handling such innovative products the availability of experienced staff or technicians is a must, which again increases the operational cost.
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By end user, the hospitals and clinics segment is estimated to capture 40.5% of the revenue share through 2037. Hospitals and clinics have a high patient intake as they prefer them as the first choice of option for medical care. These high patient visits to hospitals and clinics are driving the sales of blood collection solutions. The presence of advanced diagnostic facilities in hospitals is also contributing to the overall market growth.
Based on region, North America is projected to hold a market share of 45.5% through 2037. The presence of key market players and cutting-edge healthcare infrastructure is driving the blood collection market growth in North America. The rising prevalence of chronic disorders such as diabetes, cardiovascular diseases, and cancer, which necessitates regular blood testing is boosting the sales of blood collection solutions in the region.
This report also provides the existing competitive scenario of some of the key players of the global blood collection market which includes company profiling of Becton, Dickinson and Company, Thermo Fisher Scientific Inc., Cardinal Health, Inc., F. Hoffmann-La Roche Ltd., FL MEDICAL s.r.l., Fresenius SE & Co. KGaA, Medtronic Plc, QIAGEN N.V., Haemonetics Corporation, Greiner AG, Sarstedt AG & Co. KG, and Siemens Healthineers AG.
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