Blood Collection - Global Strategic Business Report

The global market for Blood Collection was valued at USD 12.3 Billion in 2024 and is projected to reach USD 16.8 Billion by 2030, growing at a CAGR of 5.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Blood Collection Market - Key Trends & Drivers Summarized

What Is Fueling the Growth of the Blood Collection Market?

The global blood collection market is experiencing significant growth due to the rising prevalence of chronic diseases, increasing surgical procedures, and growing awareness about blood donation. The demand for blood components and blood-related products is particularly high in hospitals, diagnostic centers, and research institutions, where accurate blood collection is critical for diagnosis, treatment, and research purposes. The COVID-19 pandemic has also underscored the importance of efficient blood collection systems to manage blood supply and ensure patient care during emergencies.

How Are Technological Advancements Transforming Blood Collection Methods?

Technological advancements are transforming blood collection methods by improving safety, efficiency, and patient comfort. The introduction of innovative blood collection devices, such as vacuum-assisted collection tubes, needleless systems, and advanced lancets, is minimizing the risk of contamination and needle-stick injuries. Automated blood collection systems and smart data management solutions are being adopted by healthcare facilities to streamline the blood collection process, enhance traceability, and ensure compliance with regulatory standards. The integration of digital platforms is also enabling real-time monitoring of blood inventory and distribution.

How Are Market Dynamics and Demographics Influencing Blood Collection Practices?

Market dynamics and changing demographics are influencing blood collection practices, with an increasing focus on improving donor experience and optimizing blood supply chains. As aging populations and the prevalence of chronic diseases like cancer and diabetes rise, the demand for blood transfusions and related products is expected to grow. Additionally, emerging economies are investing in healthcare infrastructure and launching awareness campaigns to encourage voluntary blood donation, thus driving market expansion. There is also a growing trend toward blood component therapy, which requires precise blood collection and processing techniques.

What Factors Are Driving the Growth in the Blood Collection Market?

The growth in the blood collection market is driven by several factors, including the increasing prevalence of chronic diseases, advancements in blood collection technologies, and rising demand for blood components. The emphasis on safe and efficient blood collection practices, coupled with the need for robust blood supply management systems, is fueling market expansion. Technological innovations, such as automated blood collection devices and digital inventory management solutions, are enhancing the efficiency of blood collection processes. Furthermore, government initiatives and awareness campaigns promoting blood donation are supporting market growth globally.

Report Scope

The report analyzes the Blood Collection market, presented in terms of market value (USD Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments

Product Type (Blood Collection Tubes, Needles & Syringes, Blood Bags, Blood Collection Systems / Monitors, Lancets); Method (Manual, Automated); End-Use (Hospitals, Nursing Homes, & Ambulatory Surgery Centers, Diagnostic & Pathology Laboratories, Blood Banks, Other End-Uses).

Geographic Regions/Countries

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Blood Collection Tubes segment, which is expected to reach $6 Billion by 2030 with a CAGR of a 6%. The Needles & Syringes segment is also set to grow at 4.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $3.3 Billion in 2024, and China, forecasted to grow at an impressive 9% CAGR to reach $3.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in USD from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Becton, Dickinson and Company, FL Medical s.r.l., Greiner Bio-One International GmbH, Haemonetics Corporation, Medtronic PLC and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Blood Collection Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Blood Collection Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Blood Collection Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Some of the 18 major companies featured in this Blood Collection market report include:

• Becton, Dickinson and Company
• FL Medical s.r.l.
• Greiner Bio-One International GmbH
• Haemonetics Corporation
• Medtronic PLC
• Nipro Corporation
• Qiagen NV
• Sarstedt AG & Co.
• Terumo Corporation