Global Blood Collection Market: Overview
Blood collection market is growing at a fast pace. In this, the blood samples are collected in order to measure the glucose and blood lipids. In the case of measurement of the lipids, the serum should be used according to the plasma in order to avoid the effect of dilution of anticoagulants, which has a difference of about 3% in the concentrations. Some of the countries have different reasons to use the plasma, for example, in glucose measurement, there is a requirement of plasma and for the measurement of the glycated hemoglobin whole blood is required.
Global Blood Collection Market: Segmentation
The blood collection market is globally segmented into an application, product, end user, and geography. On the basis of the application, the global blood collection market is segregated into diagnostics and treatment. The diagnostics are further sub-divided into infectious diseases and non-infectious diseases. Based on the product, the global market is segmented into blood collection needles and syringes, blood lancets, vials, slide stainers, blood collection tubes, blood bags, microscopic slides and test tube racks. The blood collection tubes are further sub-segmented into EDTA, serum separating tubes, heparin and plasma separating tubes. The different end users of the blood collection market are hospitals and diagnostic centers, long-term acute care centers, nursing homes, blood banks and trauma centers. Region wise the global blood collection market is diversified into Asia-Pacific, Europe, North America and Rest of the World.
Global Blood Collection Market: Growth Factors
Some of the major factors that are driving the blood collection market are the rise in the number of surgical procedures that require the blood transfusion, the growing rate of accident and trauma cases and the increasing occurrences of diseases are some of the reasons that are contributing towards the market growth. The segment that accounts for the major share in the market growth is the blood collection needles and syringes owing to the rise in the number of surgeries. The diagnostics segment holds a good share of the blood collection market due to the growing demand for blood in the diagnostic procedures and rises in cases of accidents and traumas. Due to the rise in demand for the donated blood, blood donations and the organ transplantation surgeries the hospitals and diagnostic centers are contributing towards the growth of the blood collection market. To a certain extent, there are risks associated with the transfusion of blood in the underdeveloped regions which act as a drawback to the growth of the blood collection market.
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Global Blood Collection Market: Regional Analysis
The blood collection market is dominated by the North American region. The factor that is acting favorable for this growth is the implementation of the favorable government protocols for blood safety is driving the growth of the blood collection market. On the other hand, the regions such as Asia Pacific and Europe are also contributing their share towards the blood collection market growth. The factor that is acting favorable in the market growth is the increasing incidence of accident rates and rise in infectious diseases.
Global Blood Collection Market: Competitive Players
The major market players in the blood collection market include Dickinson and Company, Nipro Medical Corporation, Becton, Abbott Laboratories and Terumo Corporation.