Global Blood Collection Processing Management Devices Market Report 2024, Forecast To 2033

22 Aug, 2024

The blood collection, processing, and management devices market has seen significant growth, increasing from $3.52 billion in 2023 to $3.79 billion in 2024 at a CAGR of 7.7%. This growth is driven by a rise in chronic diseases, development of safer and automated blood collection devices, stringent regulations, a need for rapid diagnostic tests, and demand for point-of-care testing. The market is expected to continue expanding, reaching $5.12 billion in 2028 at a CAGR of 7.8%. The forecast growth is attributed to an aging population, higher surgery and medical procedure rates, a focus on patient safety and comfort, increased awareness and education, and stringent blood collection regulations. Key trends include automation and robotics, development of smaller, portable devices, advanced needle technologies, integration with digital health platforms, and incorporation of wireless technology.

Global Blood Collection Processing Management Devices Market Key Driver

The growth of the blood collection, processing, and management devices market is anticipated due to the increasing awareness and demand for blood donations. The demand for blood donations is influenced by medical advancements, emergencies, and the need for transfusions in chronic disease treatments, particularly in aging populations. These devices are essential for streamlining the donation process, ensuring safety, efficiency, and reliability. Statistics Poland reported in 2022 that blood donors contributed 1,302.9 thousand whole blood donations, an increase of 41.9 thousand from 2021. Therefore, the rising awareness and demand for blood donations will drive growth in the blood collection, processing, and management devices market.

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Global Blood Collection Processing Management Devices Market Segments

The blood collection, processing, management devices market covered in this report is segmented –
1) By Product: Devices, Consumables, Software, Servicing
2) By Application: Diagnostics, Therapeutics, Research, Other Applications
3) By End-user: Hospitals, Diagnostic Laboratories, Academic And Research Laboratories, Blood And Blood Component Banks, Ambulatory Surgical Center, Other End-Users
By Geography:The regions covered in the blood collection, processing, management devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. North America was the largest region in the blood collection, processing, management devices market in 2023.

Major Blood Collection Processing Management Devices Industry Players

McKesson Corporation, Cardinal Health Inc., F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Fresenius SE & Co. KGaA, Becton, Dickinson and Company, Medline Industrie LP, Avantor Inc., Grifols S.A., Terumo Corporation, PerkinElmer Inc., bioMérieux SA, Nipro Corporation, Sysmex Corporation, Bio-Rad Laboratories, Inc., Haemonetics Corporation, Sarstedt AG & Co. KG, Greiner Bio-One International GmbH, Macopharma, Immucor, Trivitron Healthcare, HemoCue AB, EKF Diagnostics, Sebia

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Blood Collection Processing Management Devices Market Overview

Blood collection, processing, and management devices refer to a comprehensive range of tools and equipment used in the healthcare industry to collect, process, and manage blood samples efficiently and safely. These devices ensure the accurate collection of blood samples, their safe handling, and proper storage, thus maintaining the integrity of the samples for diagnostic testing, transfusions, and research purposes. The device also include software solutions that track and monitor blood samples throughout the entire process, ensuring compliance with regulatory standards and enhancing overall patient care.

Blood Collection Processing Management Devices Global Market Report 2023 provides data on the global blood collection processing management devices market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The blood collection processing management devices market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.