Global Blood Collection System Market Overview:
Blood-collection processes are considered an essential impact factor because they are related to several possible sampling problems, containing the use of a tourniquet with hand-clenching, the site of venipuncture, hemolysis owing to venipuncture and the inappropriate use of sample tubes. The blood collection system that contains a holder (or adapter), a needle that is pointed on both ends, and evacuated blood collection tubes. One end of the needle will pierce the vein and the other end will pierce the stopper of the evacuated tube so that blood will flow into the tube to fill the vacuum. A safety device is mandatory on either the holder or the needle to fulfill with current standards for needle safety. Some of the key players profiled in the study are Becton Dickinson and Company (United States), Terumo Corporation (Japan), Greiner Bio One (Austria), Medtronic (Ireland), Quest Diagnostics (United States), Sekisui Medical Co., Ltd. (Japan), Sarstedt (Germany), Narang Medical (India), F.L. Medical s.r.l. (Italy) and Fresenius (Germany).
On the basis of geography, the market of Blood Collection System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Method, the sub-segment i.e. Automated Blood Collection will boost the Blood Collection System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals and Pathology Laboratories will boost the Blood Collection System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Disease Incidence and Growing Number of Accident & Trauma Cases
- Rise of Liquid Biopsy Tests
Market Trend
- Technological Advancements in Blood Collection Techniques and Products
Restraints
- Blood Contaminations and Other Difficulties
Opportunities
- Increasing Demand for Early Diagnosis of Chronic Conditions
Challenges
- A Dearth of Skilled Professionals
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The Public Health Service Act, or PHS Act, and the Food and Drug and Cosmetics Act, or FD&C Act, apply to the regulation of blood because blood components are regulated both as licensed biologics and as drugs.
Target Audience:
Manufacturers of Blood Collection System, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Blood Collection System, Healthcare Industry, Governmental Bodies, Regulatory Bodies and Research Organization
Major Objectives Focused through this Study
To define, describe, and forecast the Global Blood Collection System market on the basis of product [Serum Separating Tubes, EDTA Tubes, Plasma Separation Tube and Others] , application [Venous Blood Collection and Capillary Blood Collection], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Blood Collection System market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Blood Collection System industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Kawasumi Laboratories (Japan) and Improve Medical (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Blood Collection System market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.