Blood Collection and Transfusion Devices Market Introduction:

Blood collection is defined as a process of collecting blood from a donor for blood transfusion process. Where blood transfusion is a process of blood transfer in healthcare settings for replacing the blood/blood component. It is essential to step in total patient management for various medical conditions. Blood collection and transfusion devices include syringes, needle, lancet, collection tube, collection needle, collection set, pump set, bloodline, blood circuit set, valves and others. 

Global Blood Collection and Transfusion Devices market is a life-saving intervention in total patient management. So, it has significant importance in the healthcare setting and blood collection & transfusion devices have continuous demand throughout the year. Along with this demand, stringent regulatory conditions have created a strong opportunity for blood collection and transfusion devices manufacture. Other factors like increasing awareness and rapid advancement of technologies have led to the constant growth of the blood collection and transfusion devices market. Additionally, recent advancements decreased complications associated with blood transfusion and made more advantageous over the traditional methods of blood collection and transfusion. All these factors have led to strong growth of the blood collection and transfusion devices market.

Asia Pacific blood collection and transfusion devices market account significant share in the global market and created potential opportunities for international players. Whereas, developed economies like North America & Europe witnessed strong penetration of blood collection and transfusion devices due to high awareness and stringent regulatory conditions. Latin America and Rest of World blood collection and transfusion devices market witnessed fast growth rate during the forecast period. 

Blood collection and transfusion device manufacturers include SARSTEDT AG & Co. KG, Becton Dickinson, Medtronic, Terumo Corp, Greiner Bio One International GmbH and others.

Blood Collection and Transfusion Devices Market Segmentation

By Product Type

  • Blood Collection Tubes 
  • Needles & Syringes
  • Vacuum Blood Collection System
  • Non-vacuum Blood Collection System 
  • Microfluidic devices 
  • Blood collection & Storage Bags 

By Blood Component 

  • Whole Blood
  • Plasma
  • RBC
  • Others 

By End-User

  • Hospitals
  • Blood Banks
  • Cord Blood Banks
  • Medical Institutes
  • Community Health Centres
  • Clinics
  • Ambulatory Centres 

By Region

  • Europe  
  • North America  
  • APAC  
  • Latin America 
  • Middle East and Africa  

Competitive Landscape:  

  • Tier 1 players- established companies in the market with a major market share  
  • Tier 2 players 
  • Emerging players which are growing rapidly 
  • New Entrants   

 FutureWise Takeaways  

  • Growth prospects  
  • SWOT analysis 
  • Key trends 
  • Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the global blood collection and transfusion devices market, by blood component type, by product type, by end-user, and region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 
  • To evaluate and forecast micro-markets and the overall market  
  • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa  
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
  • Profiling of companies to evaluate their market shares, strategies, financials and core competencies  

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What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics