The global automated blood collection market size was USD 1.08 Billion in 2021 and is expected to register a revenue CAGR of 7.1% during the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as growing public awareness about advantages that automated blood collection methods offer over manual blood collection techniques, ongoing demand for blood in hospitals, nursing homes, and ambulatory care facilities, rising rates of traffic accidents and trauma cases globally, and rising surgical rates. In addition, increasing government initiatives to promote blood donation, rising demand for sophisticated blood collection and storage systems, rise in popularity of liquid biopsy testing, and increased number of product approvals are also driving revenue growth of the market.
the automated blood collection market is expected to be impacted by technological advancements, such as portable blood collection, Hemosep 3-D printed blood collection devices, design of blood collection tubes, robotics in blood management, RFID technology, and microfluidic blood collection devices, due to their distinctive features.
Some of the key participants in this Automated Blood Collection Market industry include:
Becton Dickinson and Company, Terumo BCT, Inc., Grifols S.A, Quest Diagnostics Incorporated, Haemonetics Corporation, Greiner Holding AG, Beckman Coulter, Inc., Fresenius Kabi AG., and QIAGEN.
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The Global Automated Blood Collection Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects.
Some Key Highlights From the Report
The venipuncture sampling segment accounted for a moderate revenue share in 2021. Venipuncture is most frequent clinical procedure performed worldwide and over 1.4 billion take place each year in the U.S., which involves putting a needle into a vein to obtain a blood sample or deliver IV medicine.
However, previous research show that clinicians are ineffective in malnourished patients in 60% of cases, patients without perceptible veins in 40% of cases, and patients without visible veins in 27% of cases. To collect blood quickly and securely while displaying patient information at the site of blood draw, a number of scientists are striving to build platform devices that integrate robotic automated venipuncture with automated diagnostics.
Due to technological advancements, such as ultrasonography and 3D reconstruction of vein, repeated manual venipuncture attempts are no longer required. Some of these devices integrate an image-guided venipuncture robot designed to overcome challenges of conventional venous access with a centrifuge-based blood analyzer to provide accurate hematological measurements.
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The report studies the impact of the COVID-19 pandemic on the Automated Blood Collection Market .The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
Scope of the Global Automated Blood Collection Market Report :
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Automated Blood Collection Market industry, which turns out to be beneficial for readers interested in this sector.
Global Automated Blood Collection Market Research Objectives:
To provide deep understanding of the Automated Blood Collection industry.
To highlight the critical data of each segment at extensive level.
To determine key success factors in different segments of Automated Blood Collection industry.
To highlight the trends in specific sectors.
To give insights into key segments.
To carry economic analysis, build quantitative and financial models of global Automated Blood Collection industry and individual segments.
To project future performance of the global Automated Blood Collection industry and identify imperatives.
To identify risks of investing in particular segments and suggest appropriate strategies to mitigate the risks.
To study what held back the Automated Blood Collection industry during pandemic and forces that are driving up the global Automated Blood Collection market post-pandemic.
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Segmentation :
Emergen Research has segmented the global automated blood collection market based on type, product type, application, and region:
Type Outlook (Revenue, USD Billion; 2019-2030)
Arterial Sampling
Venipuncture Sampling
Fingerstick Sampling
Product Type Outlook (Revenue, USD Billion; 2019-2030)
Needles & Syringes
Blood Collection Tubes
Blood Bags
Instruments
Others
Application Outlook (Revenue, USD Billion; 2019-2030)
Diagnostics
Therapeutic Treatments
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Hospitals
Diagnostic Centers
Pathology Laboratories
Others
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
What is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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