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. Market revenue growth is significantly driven by major prevalence of infectious diseases and chronic disorders, advent of liquid biopsy tests, and increasing demand for blood components. Blood collection is very crucial for specific diagnostic tests to determine effective treatment procedures. Blood samples can be collected from fingertip, arm, ear, and other parts based on the analysis to be produced.
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.
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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.
Key players operating in the 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.
Global Diabetic Ketoacidosis Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
The latest study provides an insightful analysis of the broad competitive landscape of the global Diabetic Ketoacidosis market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Diabetic Ketoacidosis market and pinpoint the fundamental growth trends.
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Some Key Findings from the Report:
- In March 2021, Reperio raised a seed capital of USD 6 million from Caduceus Capital Partners and Rogue Venture Partners. This investment will help Reperio to provide at-home medical test subscription service. This service offers blood test for measuring cholesterols, triglycerides and glucose level, blood pressure, resting heart rate, BMI, and relative fat mass.
- Needles segment is expected to register a 6.2% CAGR throughout the forecast period. High affordability, repeat purchase, and rising ease of use are major factors boosting revenue growth of this segment.
- Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period. Growing number of blood donation campaigns and major technological developments in healthcare infrastructure are key factors propelling revenue growth of the market in this region.
For the purpose of this report, Emergen Research has segmented the global blood collection market based on product, method, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018–2028)
- Blood Bags
Method Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Hospital and Nursing Home
- Diagnostic & Pathology Laboratories
- Blood Banks
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Regional Outlook (Revenue: USD Billion; 2018–2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Besides offering a vivid depiction of the global Blood Collection business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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