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Blood Collection Market Trends

  • Report ID: GMI10597
  • Published Date: Aug 2024
  • Report Format: PDF

Blood Collection Market Trends

Advancements in automated blood collection systems have revolutionized the blood sampling process by significantly reducing human error and enhancing patient comfort. These systems often include automated venipuncture devices that can accurately locate veins and draw blood with minimal discomfort. The use of robotics and advanced imaging techniques in these devices ensures a more precise and consistent blood draw, improving the overall efficiency of the procedure.
 

  • Microfluidic devices are pivotal in advancing blood collection technology, offering portable solutions for point-of-care testing. Requiring only a small blood volume, these lab-on-a-chip devices make the process less invasive and more patient-friendly.
     
  • New capillary blood collection methods are being introduced in the blood collection market with a focus on patient comfort and sampling efficiency. With better lancet designs and micro-container tubes, the goal is to reduce pain and improve capillary blood collection. Microneedle patches, which are painless, are especially useful for children, the elderly, and patients who need frequent tests.
     
  • Additionally, vacuum blood collection tube systems are also being upgraded by vendors, to ensure contamination free and precise blood draws. Utilization of vacuum tubes ensures a controlled environment, mitigates risks such as hemolysis, and bolsters sample integrity. Increasing availability of such advanced blood collection products and their growing adoption is thus propelling the market growth.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Blood collection industry size was worth USD 10.9 billion in 2023 and will expand at 6.9% CAGR between 2024 and 2032, driven by the rising prevalence of chronic diseases and the growing demand for diagnostic testing.

The venous segment will reach USD 12.7 billion by 2032 due to its widespread use and reliability in obtaining accurate and substantial blood samples for diagnostic and therapeutic purposes.

U.S. blood collection industry size will accumulate USD 7.3 billion by 2032, owing to the advanced healthcare infrastructure, high prevalence of chronic diseases, and significant investments in medical research and technology.

Abbott Laboratories, Becton, Dickinson and Company, Cardinal Health, Inc., FL MEDICAL s.r.l., Fresenius SE & Co. KGaA, Greiner AG, Medtronic plc, Nipro Corporation, QIAGEN N.V., Sarstedt AG & Co. KG, Siemens Healthineers AG, Terumo Corporation, and Thermo Fisher Scientific Inc.

Blood Collection Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 532
  • Countries covered: 23
  • Pages: 309
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