"Market Definition: Blood collection processes collect whole blood (WB), which can then be divided into various components using an apheresis procedure. The amount of blood drawn varies, but it should not exceed 1% of the donor’s body weight. Blood can be obtained manually or with the use of automated equipment that collects only particular components of the blood.
Market Growth Scenario: The global market for blood collection is expected to grow over the forecast period at a CAGR of 5.85%. The rising prevalence of numerous diseases, increasing incidence of surgeries, and the rising number of fatalities and trauma cases all increase the demand for blood collection products, which in turn will fuel the market growth in the coming years.
BY PRODUCT TYPE
⦁ Blood Collection Tubes
⦁ Needles and Syringes
⦁ Blood Bags
⦁ Blood Collection Devices
⦁ Lancets
BY METHOD
⦁ Manual Blood Collection
⦁ Automated Blood Collection
BY END USER
⦁ Hospitals and Pathology Laboratories
⦁ Blood Banks
⦁ Other"