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Blood Collection Market Worth 9.90 Billion USD by 2021


News provided by

MarketsandMarkets

26 Jul, 2016, 16:30 GMT

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PUNE, India, July 26, 2016 /PRNewswire/ --

According to a new market research report "Blood Collection Market Product (Syringes, Needles, EDTA, Heparin, Serum, Tubes, Blood Lancets, Blood Bags, Vials), Application (Diagnostic, Treatment, Infectious Diseases, Non Infectious Diseases) & End User (Blood Banks, Hospitals) - Forecast to 2021" published by MarketsandMarkets, The market is expected to reach USD 9.90 Billion by 2021 from USD 7.65 Billion in 2016, at CAGR of 5.3% in the forecast period.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 103 market data Tables and 59 Figures spread through 156 Pages and in-depth TOC on "Blood Collection Market"

http://www.marketsandmarkets.com/Market-Reports/blood-collection-market-39733117.html

Early buyers will receive 10% customization on this report. 

The Blood Collection Market report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Blood Collection Market along with the estimates and forecasts of the revenue. Factors such as the rising incidences of infectious as well as non-infectious diseases, increasing number of surgical procedures, and growing number of trauma and accidental cases are propelling market growth. However, risks associated with blood transfusions in underdeveloped regions are expected to restrain the growth of the Blood Collection Market in the forecast period.

In this report, the Blood Collection Market is broadly segmented by product, end user, application, and region. On the basis products, the Blood Collection Market is divided into blood collection needles and syringes, blood collection tubes, blood lancets, blood bags, vials, and others (microscopic slides, slide stainers, and test tube racks). The blood collection needles and syringes segment is expected to account for the largest share of the Blood Collection Market in 2016. Blood collection needles and syringes are easily available, inexpensive, and do not require special training for use. These advantages are responsible for the large share of the blood collection needles and syringes segment.

Speak to our research experts: 

http://www.marketsandmarkets.com/speaktoanalyst.asp?id=39733117

On the basis of applications, the Blood Collection Market is bifurcated into diagnostics and treatment. The diagnostics segment is further categorized into infectious diseases and non-infectious diseases. The diagnostics segment is expected to account for the largest share of the Blood Collection Market in 2016. Significant growth in geriatric population is one of the major factors driving the growth of the diagnostic applications segment.

On the basis of end users, the Blood Collection Market is segmented into hospitals and diagnostic centers, blood banks, and other end users (long-term acute care centers, trauma centers, and nursing homes). The hospitals and diagnostic centers segment is expected to account for the largest share of the Blood Collection Market in 2016. The large share of this segment is primarily attributed to the increasing demand of donated blood, growing number of organ transplantation which needs blood collection products.

North America is expected to account for largest share of the Blood Collection Market in 2016. Factors such as rising prevalence of diseases, increasing number of surgeries, and growing number of accident and trauma cases are contributing to the large share of this region. Asia-Pacific is expected to grow at the highest CAGR for the Blood Collection Market in the forecast period. The presence of a huge population base, coupled with the improving healthcare infrastructure and increasing number of hospitals, is expected to offer significant growth opportunities for players operating in the Asia-Pacific Blood Collection Market.

Major players in this market include Becton, Dickinson and Company (U.S.), Abbott Laboratories (U.S.), Nipro Medical Corporation (Japan), and Terumo Corporation (Japan).

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

Browse Related Reports: 

Blood Screening Market by Technology (Nucleic Acid Amplification Test, ELISA, Rapid Test, Chemiluminescence Immunoassay, Next Generation Sequencing, Western Blotting), Product (Instrument, Reagent) & End User (Blood Bank, Hospital) - Forecasts to 2019

http://www.marketsandmarkets.com/Market-Reports/blood-screening-market-267747042.html

Plasma Fractionation Market by Product (Albumin, Immunoglobulin, Factor VIII, Protease Inhibitors), Application (Neurology, Immunology, Hematology, Critical Care) & by End-user (Hospitals, Clinical Research Laboratories) - Global Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/plasma-fractionation-market-93798284.html

About MarketsandMarkets:

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Connect with us: 

MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/analytical-scientific-instrumentation

LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Contact:
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Markets and Markets
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