Infinium Global Research Blood Collection Market | Page 3

Blood Collection Market: Trends and Forecast -2024
increasing number of diagnostic centers across the globe that in turn is boosting
the growth of the blood collection market.
The demand for blood collection could be hampered by risks associated with blood
transfusion, mostly in underdeveloped nations. However, there are several
awareness plans and campaigns conducted by governments and foreign individuals
to tackle this issue. The mandate of hiring responsible and qualified healthcare
professionals could create favorable growth prospects in the world blood collection
market. Furthermore, technological advancements in blood collection procedures
and products have opened several doors of opportunity for the key players in the
blood collection market over the years to come.
Among the geographies, North America accounted for the largest market share in
the global blood collection market. The Asia Pacific region is the fastest growing
region for the blood collection market. The growth in the North American region is
expected to grow due to proactiveness in healthcare checkup and highly developed
healthcare infrastructure. In addition, rapid adoption of advanced products in the
U.S. boosts the demand for target products. Moreover, increasing geriatric
population and rising prevalence of infectious diseases such as HIV infection,
tuberculosis, and malaria is driving the growth in the Asia Pacific region.
Segment Covered
The report on global blood collection market covers segments such as, product,
end-user and application. On the basis of product the global blood collection
market is categorized into blood collection needles and syringes, blood collection
tubes, blood lancets, blood bags, vials and edta tubes. On the basis of end-user the
global blood collection market is categorized into hospitals, blood banks and
diagnostic centers. On the basis of application the global blood collection market is
categorized into diagnostics and treatment.
Geographic Coverage
The countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and
among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets such
3
© Infinium Global Research