The North America blood collection devices market is expected to reach US$ 6,558.01 million by 2027 from US$ 4,094.40 million in 2019; it is estimated to grow at a CAGR of 6.2% from 2020 to 2027.
Growing number of accidents and trauma cases, rising incidence of infectious diseases, and developing liquid biopsy are the key factors driving the growth of North America blood collection devices market. However, risks associated with the blood collection devices is the major factor hindering the market growth in North America.
Blood collection devices help in safe withdrawal of blood. Blood is collected from donor to perform various diagnostic tests. Needles & syringes, lancets, and other devices are used for arterial and venous blood collection. Arterial blood collection has various advantages such as arterial blood gas sampling, and intraoperative blood salvage.
The incidence rate of cancer remains highest in developed regions. Lung cancer, colorectal cancer, breast cancer, and prostate cancer account for the majority of cancer incidences among the population. Lung cancer is the leading cause of mortality among all cancers. For instance, the US Food and Drug Administration (FDA) recently approved a liquid biopsy – a test that uses a blood sample, to identify patients with metastatic non-small cell lung cancer (NSCLC), who would be eligible for treatment with erlotinib (Tarceva). For instance, in 2016, Inivata, a global clinical cancer genomics company employing a revolutionary approach to circulating tumor DNA (ctDNA) analysis to improve personalized healthcare in oncology, announced the launch of its US clinical validation study (INI-001) in non-small cell lung cancer (NSCLC).
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 ease with which liquid biopsies can be obtained makes them useful in real-time monitoring of disease progression because, in many cases, tumors evolve and may need different treatments based on the genetic changes that occur within the tumor. The rising liquid biopsy test for screening, surveillance, and disease monitoring is expected to drive the blood collection device market growth.
In the United States, due to an increasing number of infected patients, healthcare professionals and leading organizations are distracting the flow of healthcare resources from research & development to primary care, which is slowing down the process of innovation. The surveys conducted in the North American states are likely to propel the demand for blood collection devices.
Recently, as the number of COVID-19 affected patients is dramatically increasing in the US, doctors at Mount Sinai Hospital noticed some strange behavior with patients’ blood. Signs of blood thickening and clotting were observed in different organs of the patients. Moreover, the nephrologists also noticed kidney dialysis catheters being plugged with clogs.
Mexico Blood Collection Devices Market,Revenue and Forecast to 2027 (US$ Mn)
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NORTH AMERICABLOOD COLLECTION DEVICES MARKET SEGMENTATION
By Product
- Blood Collection Tubes
- Micro-Collection Tubes
- Evacuated Blood Collection Tubes
- Blood Collection Needles/Holders
- Blood Collection Set
- Others
By Method
- Manual Blood Collection
- Automatic Blood Collection
By End User
- Hospitals and Pathology Laboratories
- Blood Banks
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- SEKISUI CHEMICAL CO. LTD
- BD
- THERMO FISHER SCIENTIFIC INC.
- Cardinal Health Inc
- Greiner AG
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Method, End User, and Country – Regional Analysis and Market Forecasts by Product, Method and End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Blood Collection Devices Market – By Product
1.3.2 North America Blood Collection Devices Market – By Method
1.3.3 North America Blood Collection Devices Market– By End User
1.3.4 North America Blood Collection Devices Market – By Country
2. North America Blood Collection Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Blood Collection Devices Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Blood Collection Devices Market - North America PEST Analysis
4.3 Expert Opinion
5. North America Blood Collection Devices Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Number of Accidents & Trauma Cases and Rising Incidence of Infectious Disease
5.1.2 Developing Liquid Biopsy Technology
5.2 Key Market Restraints
5.2.1 Risks Associated with the Blood Collection Devices
5.3 Key Market Opportunities
5.3.1 Increasing Blood Donation Drives by Government and NGOs
5.4 Future Trends
5.4.1 Technological Developments in Blood Collection Techniques and Products
5.5 Impact Analysis
6. Blood Collection Devices Market – North America Analysis
6.1 North America Blood Collection Devices Market Revenue Forecasts and Analysis
7. North America Blood Collection Devices Market Analysis and Forecasts To 2027 – By Product
7.1 Overview
7.2 North America Blood Collection Devices Market, By Product 2019 & 2027 (%)
7.2.1 North America Blood Collection Devices Market Revenue and Forecasts to 2027, By Product (US$ Mn)
7.2.1.1 Blood Collection Tubes Market Revenue and Forecasts to 2027, By Type (US$ Mn)
7.3 Blood Collection Tubes
7.3.1 Overview
7.3.2 North America Blood Collection Tubes Market Revenue and Forecast to 2027 (US$ Mn)
7.3.3 Blood Collection Tubes Market Volume and Forecasts to 2027 (Units Mn)
7.3.4 Micro-collection Tubes
7.3.4.1 Overview
7.3.4.2 North America Micro-collection Tubes Market Revenue and Forecasts to 2027 (US$ Mn)
7.3.4.3 Micro-Collection Tubes Market Volume and Forecasts to 2027 (Units Mn)
7.3.5 Evacuated Blood Collection Tubes
7.3.5.1 Overview
7.3.6 North America Evacuated Blood Collection Tubes Market Revenue and Forecast to 2027 (US$ Mn)
7.3.6.1 Evacuated Blood Collection Tube Market Volume and Forecasts to 2027 (Units Mn)
7.4 Blood Collection Needles/ Holders
7.4.1 Overview
7.4.2 North America Blood Collection Needles/ Holders Market Revenue and Forecast to 2027 (US$ Mn)
7.4.3 Blood Collection Needles/ Holders Market Volume and Forecasts to 2027 (Units Mn)
7.5 Blood Collection Set
7.5.1 Overview
7.5.2 North America Blood Collection Set Market Revenue and Forecast to 2027 (US$ Mn)
7.5.3 Blood Collection Set Market Volume and Forecasts to 2027 (Units Mn)
7.6 Others
7.6.1 Overview
7.6.2 North America Others Market Revenue and Forecast to 2027 (US$ Mn)
8. North America Blood Collection Devices Market Analysis and Forecasts To 2027 – By Method
8.1 Overview
8.2 North America Blood Collection Devices Market, By Method 2019 & 2027 (%)
8.2.1 North America Blood Collection Devices Market Revenue and Forecasts to 2027, By Method (US$ Mn)
8.3 Manual Blood Collection
8.3.1 Overview
8.3.2 North America Manual Blood Collection Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Automated Blood Collection
8.4.1 Overview
8.4.2 North America Automated Blood Collection Market Revenue and Forecasts to 2027 (US$ Mn)
9. North America Blood Collection Devices Market Analysis – By End-User
9.1 Overview
9.2 North America Blood Collection Devices Market, By End-User 2019-2027 (%)
9.2.1 North America Blood Collection Devices Market Revenue and Forecasts to 2027, By End-User (US$ Mn)
9.3 Hospitals and Pathology Laboratories
9.3.1 Overview
9.3.2 North America Hospitals and Pathology Laboratories Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Blood Banks
9.4.1 Overview
9.4.2 North America Blood Banks Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Others
9.5.1 Overview
9.5.2 North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Blood Collection Devices Market Revenue and Forecasts To 2027 – Geographical Analysis
10.1 North America Blood Collection Devices Market Revenue and Forecasts To 2027
10.1.1 Overview
10.1.2 North America: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.3 North America: Blood Collection Devices Market, by Product, 2018–2027 (USD Million)
10.1.4 North America: Blood Collection Devices Market, by Product, 2018–2027 (Million Units)
10.1.4.1 North America: Blood Collection Tubes Market, by Type, 2018–2027 (USD Million)
10.1.4.2 North America: Blood Collection Tubes Market, by Type, 2018–2027 (Million Units)
10.1.5 North America: Blood Collection Devices, Market, by Method, 2018–2027 (USD Million)
10.1.6 North America: Blood Collection Devices Market, by End User, 2018–2027 (USD Million)
10.1.7 North America: Blood Collection Devices Market, by Country, 2019 & 2027 (%)
10.1.8 US: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 US: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 US: Blood Collection Devices Market, by Product, 2018–2027 (USD Million)
10.1.8.3 US: Blood Collection Devices Market, by Product, 2018–2027 (Million Units)
10.1.8.3.1 US: Blood Collection Tubes Market, by Type, 2018–2027 (USD Million)
10.1.8.3.2 US: Blood Collection Tubes Market, by Type, 2018–2027 (Million Units)
10.1.8.4 US: Blood Collection Devices, Market, by Method, 2018–2027 (USD Million)
10.1.8.5 US: Blood Collection Devices Market, by End User, 2018–2027 (USD Million)
10.1.9 Canada: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 Canada: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 Canada: Blood Collection Devices Market, by Product, 2018–2027 (USD Million)
10.1.9.3 Canada: Blood Collection Devices Market, by Product, 2018–2027 (Million Units)
10.1.9.3.1 Canada: Blood Collection Tubes Market, by Type, 2018–2027 (USD Million)
10.1.9.3.2 Canada: Blood Collection Tubes Market, by Type, 2018–2027 (Million Units)
10.1.9.4 Canada: Blood Collection Devices, Market, by Method, 2018–2027 (USD Million)
10.1.9.5 Canada: Blood Collection Devices Market, by End User, 2018–2027 (USD Million)
10.1.10 Mexico: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.10.1 Mexico: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.10.2 Mexico: Blood Collection Devices Market, by Product, 2018–2027 (USD Million)
10.1.10.3 Mexico: Blood Collection Devices Market, by Product, 2018–2027 (Million Units)
10.1.10.3.1 Mexico: Blood Collection Tubes Market, by Type, 2018–2027 (USD Million)
10.1.10.3.2 Mexico: Blood Collection Tubes Market, by Type, 2018–2027 (Million Units)
10.1.10.4 Mexico: Blood Collection Devices, Market, by Method, 2018–2027 (USD Million)
10.1.10.5 Mexico: Blood Collection Devices Market, by End User, 2018–2027 (USD Million)
11. Impact of COVID-19 Pandemic on North America Blood Collection Devices Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 BD
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Cardinal Health Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 THERMO FISHER SCIENTIFIC INC.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Greiner AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 SEKISUI CHEMICAL CO. LTD
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Blood Collection Devices Market Revenue and Forecasts To 2027, By Product (US$ Mn)
Table 2. Blood Collection Tubes Market Revenue And Forecasts to 2027, By Type (US$ Mn)
Table 3. North America Blood Collection Devices Market Revenue and Forecasts To 2027, By Method (US$ Mn)
Table 4. North America Blood Collection Devices Market Revenue and Forecasts To 2027, By End-User (US$ Mn)
Table 5. North America Blood Collection Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 6. North America Blood Collection Devices Market, by Product– Volume and Forecast to 2027 (Million Units)
Table 7. North America Blood Collection Tubes Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 8. North America Blood Collection Tubes Market, by Type– Volume and Forecast to 2027 (Million Units)
Table 9. North America Blood Collection Devices Market, by Method – Revenue and Forecast to 2027 (USD Million)
Table 10. North America Blood Collection Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 11. US Blood Collection Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 12. US Blood Collection Devices Market, by Product– Volume and Forecast to 2027 (Million Units)
Table 13. US Blood Collection Tubes Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 14. US Blood Collection Tubes Market, by Type– Volume and Forecast to 2027 (Million Units)
Table 15. US Blood Collection Devices Market, by Method – Revenue and Forecast to 2027 (USD Million)
Table 16. US Blood Collection Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 17. Canada Blood Collection Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 18. Canada Blood Collection Devices Market, by Product– Volume and Forecast to 2027 (Million Units)
Table 19. Canada Blood Collection Tubes Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 20. Canada Blood Collection Tubes Market, by Type– Volume and Forecast to 2027 (Million Units)
Table 21. Canada Blood Collection Devices Market, by Method – Revenue and Forecast to 2027 (USD Million)
Table 22. Canada Blood Collection Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 23. Mexico Blood Collection Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 24. Mexico Blood Collection Devices Market, by Product– Volume and Forecast to 2027 (Million Units)
Table 25. Mexico Blood Collection Tubes Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 26. Mexico Blood Collection Tubes Market, by Type– Volume and Forecast to 2027 (Million Units)
Table 27. Mexico Blood Collection Devices Market, by Method – Revenue and Forecast to 2027 (USD Million)
Table 28. Mexico Blood Collection Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 29. Glossary of Terms, Blood Collection Devices Market
LIST OF FIGURES
Figure 1. Blood Collection Devices Market Segmentation
Figure 2. North America Blood Collection Devices Market Overview
Figure 3. The Blood Collection Needles/Holders Segment Held Largest Share of Product Segment in Blood Collection Devices Market
Figure 4. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. North America Blood Collection Devices Market - Leading Country Markets (US$ Mn)
Figure 6. Blood Collection Devices Market - North America PEST Analysis
Figure 7. Blood collection devices Market Impact Analysis of Driver and Restraints
Figure 8. North America Blood Collection Devices Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 9. North America Blood Collection Devices Market, By Product 2019 & 2027 (%)
Figure 10. North America Blood Collection Tubes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 11. Blood Collection Tubes Market Volume and Forecasts to 2027 (Units Mn)
Figure 12. North America Micro-collection Tubes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Micro-collection tubes Market Volume and Forecasts to 2027 (Units Mn)
Figure 14. North America Evacuated Blood Collection Tubes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Evacuated Blood Collection Tube Market Volume and Forecasts to 2027 (Units Mn)
Figure 16. North America Blood Collection Needles/ Holders Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Blood Collection Needles/Holders Market Volume and Forecasts to 2027 (Units Mn)
Figure 18. North America Blood Collection Set Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Blood Collection Set Market Volume and Forecasts to 2027 (Units Mn)
Figure 20. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. North America Blood Collection Devices Market, By Method 2019 & 2027 (%)
Figure 22. North America Manual Blood Collection Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. North America Automated Blood Collection Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. North America Blood Collection Devices Market, by End-User 2019 & 2027 (%)
Figure 25. North America Hospitals and Pathology Laboratories Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. North America Blood Banks Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. North America: Market, by Key Country – Revenue (2019) (USD Million)
Figure 29. North America Blood Collection Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 30. North America: Blood Collection Devices Market, by Country, 2019 & 2027 (%)
Figure 31. US: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 32. Canada: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 33. Mexico: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 34. Impact of COVID-19 Pandemic in North American Country Markets
The List of Companies - North America Blood Collection Devices Market
- SEKISUI CHEMICAL CO. LTD
- BD
- THERMO FISHER SCIENTIFIC INC.
- Cardinal Health Inc
- Greiner AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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