Blood Collection Market Business opportunities, Trends Forecast to 2027


Posted August 5, 2021 by vamshee

A recent report published by Precision Business Insights on Blood Collection Market provides in-depth analysis of segments and sub-segments in the global as well as regional.

 
The global blood collection market USD 4.2 Billion in 2020 and is anticipated to grow at USD 6.44 Billion till 2027 recording a CAGR of 6.3% during the forecast period 2021-2027. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.

View Full Report at https://precisionbusinessinsights.com/market-reports/blood-collection-market/

Blood collection process is carried out to collect one’s blood for the purpose of performing laboratory testing. It is a routine process in which blood of the person is collected from venous access devices or fingerstick. Generally, the blood is taken through venipuncture, process to puncture the peripheral vein. Diagnosis of different cases such as electrolytic imbalances, testing the risk factors such as LDL and HDL for examining the therapeutics efficiency is possible through collected blood specimens.

Huge transmission of illnesses through blood donation and blood transfusion is one of the crucial factors to drive the blood collection devices market. Furthermore, favorable government policies, growing surgical procedures and huge demand for blood products in aged population are the significant factors anticipated to impel the market over the forecast period. Nearly 266Mn -359 Mn surgical procedures were recorded in the year 2012 across the globe. In addition, increase in awareness among people about proper blood management during the transfusion and huge developments in technology used for the blood collection process is projected to propel the growth of the market. Furthermore, another important factor, which greatly affects the blood collection market, is growing research and development investment in regenerative medicine and cell therapies.

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There are several key players operating in the global blood collection Market, which include Grifols (Spain), Medtronic (U.S.), Becton, Fresenius (Germany), Terumo (Japan), Haemonetics (U.S.), Kawasumi Laboratories (Japan), Nipro Medical (U.S.), Greiner Holding (Austria) and F.L. Medical (Italy).

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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Issued By Precision Business Insights
Country United States
Categories Advertising
Tags blood collection market
Last Updated August 5, 2021