The Global blood collection market size is expected to reach USD 7.58 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research.

Major Blood collection methods are arterial sampling, fingerstick sampling, and venipuncture sampling. Fingerstick sampling involves collection of a very small amount of blood from the tip of a finger. This method is used for determining blood sugar level, hemoglobin level, iron deficiency, cholesterol level, find blood type, and others. Rapid technological advancements and application of automation technology in blood collection processes have resulted in attaining more accurate data within a short period of time. Hospital and nursing home segment accounted for majority revenue share in the global market in 2020.

The Global Blood Collection Market Report 2027 published by Reports and Data to its ever expanding database covers critical data about the technological evolution, market share, market size, current and emerging trends, growth opportunities, current market situation, government regulations, limitations, threats, and challenges of the market. The report is an all-inclusive document covering the impacts of COVID-19 on the economy as well as demand of the market. The report provides a study of the present as well as future impact of the COVID-19 crisis on the overall market. The study also benefits the players by providing a concise and effective strategy to strengthen their footing in the market.

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Prominent Players of the Blood Collection Market are: Becton, Dickinson and Company, Haematonics, Terumo BCT, Fresenius Kabi AG, Grifols, Nipro Medical Corporation, Quest Diagnostics, SARSTEDT AG & Co., Macopharma, and Smiths Medical.

The report offers a comprehensive study of the regional bifurcation of the market and provides insightful data about the regulatory framework, current and emerging market trends, opportunities, supply-demand ratio, production and consumption volume, and the import/export ratio in each region. It also evaluates the presence of each market player in the region and strategic initiatives taken by the companies to gain a robust presence in the region. The regional segmentation covers country-wise analysis of the market and includes:

Blood Collection Market segmentation

Product Outlook (Revenue, USD Billion; 2018–2028)

Needles

Tubes

Blood Bags

Monitors

Others

Method Outlook (Revenue, USD Billion; 2018–2028)

Automated

Manual

Application Outlook (Revenue, USD Billion; 2018–2028)

Therapeutic

Diagnostics

End-Use Outlook (Revenue, USD Billion; 2018–2028)

Hospital and Nursing Home

Diagnostic & Pathology Laboratories

Blood Banks

Others

Regional Outlook (Revenue: USD Billion; 2018–2028)

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key findings of the report:

Historical and current trends of the market

Factors likely to influence the dynamics of the market

Growth assessment of various market segments throughout the forecast period

Regional and global analysis of the market players including their market share, revenue contribution, and global position

Growth strategies adopted by key market players to combat the impact of COVID-19 pandemic on the market

Impact of the technological developments and R&D advancements on the Blood Collection market

Strategic recommendations to the established market players and emerging companies

To summarize, the report provides insightful data regarding every aspect of the market to enable the players to gain a competitive edge. The report comprises of data and information gathered from extensive primary and secondary research and is validated and verified by industry experts and professionals. The data provides reliable statistics for the period of 2020-2027 organized in the form of tables, charts, graphs, diagrams, and other graphical representations.

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