South and Central America Blood Collection Devices Market Growth and Recent Trends by 2027
South and Central America Blood Collection Devices Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product (Blood Collection Tubes, Blood Collection Needles/Holders, Blood Collection Sets, and Others), Method (Manual Blood Collection and Automated Blood Collection), and End User (Hospitals and Pathology Laboratories, Blood Banks, and Others) and Country
- Status : Published
- Report Code : TIPRE00016323
- Category : Life Sciences
- No. of Pages : 93
- Available Report Formats :
- Last update date : November 19, 2020
2019 Market Size
US$ 331.89 Mn
Base year value
2027 Forecast
US$ 438.24 Mn
Projected by 2027
CAGR 2020-2027
3.6 %
Growth rate
Addressable Market
US$ 3,123.40 Mn
(2020-2027)
The South and Central America blood collection devices market is projected to reach US$ 438.24 million by 2027 from US$ 331.89 million in 2019. The market is estimated to grow at CAGR of 3.6% from 2020 to 2027.
The growth of the South and Central America blood collection devices market is attributed to the growing number of accidents & trauma cases and rising incidence of infectious disease and developing liquid biopsy technology. However, the shortage of qualified personnel hinders the growth of the market.
Cancer is the leading cause of mortality across all nations. The incidence rate of cancer remains highest in developed regions. However, the mortality is higher in lower middle-income countries. The factor contributing to high mortality in these countries is low awareness and limited healthcare facilities.
Lung cancer, colorectal cancer, breast cancer, and prostate cancer account for the majority of cancer incidences. Lung cancer is the leading cause of mortality among all cancers. Over traditional cancer diagnostics techniques, liquid biopsy holds several benefits, such as reduced cost, early prognosis, therapy monitoring, tumor heterogeneity detection, and acquired drug resistance.
Liquid biopsy is done on a sample of blood to identify cancer cells from the tumor. This helps in detecting cancer at an early stage. To understand the molecular level changes, the doctors usually take multiple samples over a period of time. The rising liquid biopsy test for screening, surveillance, disease monitoring are expected to drive the blood collection device market growth.
South and Central America Blood Collection Devices Market Revenue and Forecast to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
South and Central America Blood Collection Devices Market – Market Segmentation
Blood Collection Devices Market – By Product
- Blood Collection Tubes
- Micro-Collection Tubes
- Evacuated Blood Collection Tubes
- Blood Collection Needles/Holders
- Blood Collection Set
- Others
Blood Collection Devices Market – By Method
- Manual Blood Collection
- Automatic Blood Collection
Blood Collection Devices Market – By End User
- Hospitals and Pathology Laboratories
- Blood Banks
- Others
Blood Collection Devices Market – By Country
- Brazil
- Argentina
Company Profiles
- BD
- Terumo Corporation
- Cardinal Health, Inc.
- SARSTEDT AG and Co. KG.
- Thermo Fisher Scientific, Inc.
- Grenier, Inc.
- SEKISUI CHEMICAL CO. LTD
- Narang Medical Limited
- FL MEDICAL s.r.l.
South and Central America Blood Collection Devices Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 331.89 Million |
| Market Size by 2027 | US$ 438.24 Million |
| CAGR (2020 - 2027) | 3.6% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
Recent Reports
Testimonials
The Insight Partners provided valuable market intelligence that supported our global go-to-market strategy. Their team was professional, responsive, and attentive to our feedback, providing thoughtful analysis and helpful methodological clarifications throughout the project.
Junmo Kim Chief Financial Officer (CFO), Enertech Co., Ltd.
The Insight Partners' SCADA System Market report is comprehensive, with valuable insights on current trends and future forecasts. The team was highly professional, responsive, and supportive throughout. We are very satisfied and highly recommend their services.
RAN KEDEM Partner, Reali Technologies LTDs
I requested a report on a very specific software market and the team produced the report in a few days. The information was very relevant and well presented. I then requested some changes and additions to the report. The team was again very responsive and I got the final report in less than a week.
JEAN-HERVE JENN Chairman, Future Analytica
We worked with The Insight Partners for an important market study and forecast. They gave us clear insights into opportunities and risks, which helped shape our plans. Their research was easy to use and based on solid data. It helped us make smart, confident decisions. We highly recommend them.
PIYUSH NAGPAL Sr. Vice President, High Beam Global
The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services
YUKIHIKO ADACHI CEO, Deep Blue, LLC.
This is the first time I have purchased a market report from The Insight Partners.While I was unsure at first, I visited their web site and felt more comfortable to take the risk and purchase a market report.I am completely satisfied with the quality of the report and customer service. I had several questions and comments with the initial report, but after a couple of dialogs over email with their analyst I believe I have a report that I can use as input to our strategic planning process.Thank you so much for taking the extra time and making this a positive experience.I will definitely recommend your service to others and you will be my first call when we need further market data.
JOHN SUZUKI President and Chief Executive Officer, Board Director, BK Technologies
I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.
DR CHIJIOKE ONYIA MANAGING DIRECTOR, PineCrest Healthcare Ltd.Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Identifying Emerging Markets
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Boosting Operational Efficiency
- Strategic Planning
- Investment Justification
- Tracking Industry Innovations
- Aligning with Regulatory Trends
Get Free Sample for