Dublin, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The "Blood Collection Devices Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product; Method; End User; and Geography" report has been added to ResearchAndMarkets.com's offering.
The blood collection devices market was valued at US$ 9, 060.98 million in 2019 and is projected to reach US$ 14, 228.70 million by 2027; it is expected to grow at a CAGR of 5.9% during 2020-2027. The growth of the blood collection devices market is mainly attributed to factors such as growing number of accidents & trauma cases, rising incidence of infectious disease, and developing liquid biopsy technology. However, the shortage of qualified personnel is hindering the growth of the market.
Cancer is the leading cause of mortality across the world. The incidence rate of cancer remains highest in developed regions. However, mortality is higher in low and middle income countries. The factors contributing to high mortality in these countries are low awareness and limited healthcare facilities.
Lung cancer, colorectal cancer, breast cancer, and prostate cancer account for the majority of cancer incidences. Lung cancer is the leading cause of mortality among the population. Over traditional cancer diagnostics techniques, liquid biopsy holds several benefits, such as reduced cost, early prognosis, therapy monitoring, tumor heterogeneity detection, and acquired drug resistance.
Liquid biopsy is done on a sample of blood to identify cancer cells from the tumor. This helps in detecting cancer at an early stage. To understand the molecular level changes, doctors usually take multiple samples over a while. The rising liquid biopsy test for screening, surveillance, disease monitoring is expected to drive the blood collection device market growth.
Based on product, the blood collection devices market is segmented into blood collection tubes, blood collection needles/holders, blood collection set, and others. The blood collection needles/holders segment held the largest share of the market in 2019 and it is expected to continue its dominance.
Based on method, the global blood collection devices market is segmented into manual blood collection and automated blood collection. The manual blood collection segment held the larger share of the market in 2019 and the same segment is expected to continue its dominance.
Based on end user, the global blood collection devices market is segmented into hospitals and pathology laboratories, blood banks, and others. The hospitals and pathology laboratories segment held the highest share of the market in 2019 and continues to dominate with the higher CAGR in the market during the forecast period.
The World Health Organization (WHO), Food and Drug Administration (FDA), China Food and Drug Administration (CFDA), and Centers for Disease Control and Prevention are some of the major primary and secondary sources referred for preparing this report.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the blood collection devices market.
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- The key findings and recommendations highlight crucial progressive industry trends in the global blood collection devices market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
Key Topics Covered:
1. Introduction
2. Blood Collection Devices Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Blood Collection Devices Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia-Pacific - PEST Analysis
4.2.4 Middle East and Africa - PEST Analysis
4.2.5 South and Central America - PEST Analysis
4.3 Expert Opinions
4.4 Average Selling Price (ASP)
5. Global Blood Collection Devices Market - Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Number of Accidents & Trauma Cases and Rising Incidence of Infectious Disease
5.1.2 Developing Liquid Biopsy Technology
5.2 Market Restraints
5.2.1 Shortage of Qualified Personnel
5.3 Market Opportunities
5.3.1 Growth Opportunities Among Emerging Nations
5.4 Future Trends
5.4.1 Technological Developments in Blood Collection Techniques and Products
5.5 Impact Analysis of Drivers and Restraints
6. Blood Collection Devices Market - Global Analysis
6.1 Global Blood Collection Devices Market - Overview
6.2 Global Blood Collection Devices Market - Revenue Forecasts and Analysis
6.3 Global Blood Collection Devices Market, By Geography - Forecast And Analysis
6.4 Market Positioning of Key Players
7. Blood Collection Devices Market Analysis- by Product
7.1 Overview
7.2 Blood Collection Devices Market, By Product, 2019 & 2027 (%)
7.2.1 Blood Collection Devices Market Revenue and Forecasts to 2027, By Product (US$ Mn)
7.2.1.1 Blood Collection Tubes Market Revenue and Forecasts to 2027, By Type (US$ Mn)
7.3 Blood Collection Tubes
7.3.1 Overview
7.3.2 Blood Collection Tubes Market Revenue and Forecasts to 2027 (US$ Mn)
7.3.3 Blood Collection Tubes Market Volume and Forecasts to 2027 (Units Mn)
7.3.4 Micro-collection Tubes
7.3.4.1 Overview
7.3.4.2 Micro-Collection Tubes Market Revenue and Forecasts to 2027 (US$ Mn)
7.3.4.3 Micro-Collection Tubes Market Volume and Forecasts to 2027 (Units Mn)
7.3.5 Evacuated Blood Collection Tubes
7.3.5.1 Overview
7.3.5.2 Evacuated Blood Collection Tube Market Revenue and Forecasts to 2027 (US$ Mn)
7.3.5.3 Evacuated Blood Collection Tube Market Volume and Forecasts to 2027 (Units Mn)
7.4 Blood Collection Needles/ Holders
7.4.1 Overview
7.4.2 Blood Collection Needles/ Holders Market Revenue and Forecasts to 2027 (US$ Mn)
7.4.3 Blood Collection Needles/ Holders Market Volume and Forecasts to 2027 (Units Mn)
7.5 Blood Collection Set
7.5.1 Overview
7.5.2 Blood Collection Set Market Revenue and Forecasts to 2027 (US$ Mn)
7.5.3 Blood Collection Set Market Volume and Forecasts to 2027 (Units Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
8. Blood Collection Devices Market Analysis- by Method
8.1 Overview
8.2 Blood Collection Devices Market, By Method, 2019 & 2027 (%)
8.2.1 Blood Collection Devices Market Revenue and Forecasts to 2027, By Method (US$ Mn)
8.3 Manual Blood Collection
8.3.1 Overview
8.3.2 Manual Blood Collection Devices Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Automated Blood Collection
8.4.1 Overview
8.4.2 Automated Blood Collection Devices Market Revenue and Forecasts to 2027 (US$ Mn)
9. Blood Collection Devices Market Analysis- by End-Users
9.1 Overview
9.2 Blood Collection Devices Market, By End User, 2019 & 2027 (% Share)
9.3 Blood Collection Devices Market Revenue and Forecasts to 2027, By End User (US$ Mn)
9.4 Hospitals and Pathology Laboratories
9.4.1 Overview
9.4.2 Hospitals and Pathology Laboratories Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Blood Bank
9.5.1 Overview
9.5.2 Blood Bank Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Blood Collection Devices Market - Geographic Analysis
10.1 North America: Blood Collection Devices Market
10.2 Europe: Blood Collection Devices Market
10.3 Asia-Pacific: Blood Collection Devices Market
10.4 Middle East and Africa: Blood Collection Devices Market
10.5 South and Central America: Blood Collection Devices Market
11. Impact of COVID-19 Pandemic on Global Blood Collection Devices Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment Of COVID-19 Pandemic
11.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Rest of the World: Impact Assessment of COVID-19 Pandemic
12. Blood Collection Devices Market - Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 BD
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Terumo Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cardinal Health Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 SARSTEDT AG and Co. KG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Nipro
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 THERMO FISHER SCIENTIFIC INC.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Greiner AG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SEKISUI CHEMICAL CO. LTD
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Narang Medical Limited.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 FL MEDICAL s.r.l.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Glossary of Terms
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