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)
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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.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Method, and End User and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Brazil, Argentina
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Blood Collection Devices Market – By Product
1.3.2 Blood Collection Devices Market – By Method
1.3.3 Blood Collection Devices Market – By End User
1.3.4 Blood Collection Devices Market – By Geography
2. Blood Collection Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Blood Collection Devices Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South and Central America – PEST Analysis
4.3 Expert Opinions
5. Global Blood Collection Devices Market – Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Number of Accidents & Trauma Cases and Rising Incidence of Infectious Disease
5.1.2 Developing Liquid Biopsy Technology
Market Restraints
5.1.3 Shortage of Qualified Personnel
5.2 Market Opportunities
5.2.1 Growth Opportunities Among Emerging Nations
5.3 Future Trends
5.3.1 Technological Developments in Blood Collection Techniques and Products
5.4 Impact Analysis of Drivers and Restraints
6. Blood Collection Devices Market – Global Analysis
6.1 Global Blood Collection Devices Market - Overview
6.2 Global Blood Collection Devices Market – Revenue Forecasts and Analysis
6.3 Blood Collection Devices Market Analysis– by Product
6.4 Overview
6.5 Blood Collection Devices Market, By Product, 2019 & 2027 (%)
6.5.1.1 Blood Collection Tubes Market Revenue and Forecasts to 2027, By Type (US$ Mn)
6.6 Blood Collection Tubes
6.6.1 Overview
6.6.2 Blood Collection Tubes Market Revenue and Forecasts to 2027 (US$ Mn)
6.6.3 Blood Collection Tubes Market Volume and Forecasts to 2027 (Units Mn)
6.6.4 Micro-collection Tubes
6.6.4.1 Overview
6.6.4.2 Micro-Collection Tubes Market Revenue and Forecasts to 2027 (US$ Mn)
6.6.4.3 Micro-Collection Tubes Market Volume and Forecasts to 2027 (Units Mn)
6.6.5 Evacuated Blood Collection Tubes
6.6.5.1 Overview
6.6.5.2 Evacuated Blood Collection Tube Market Revenue and Forecasts to 2027 (US$ Mn)
6.6.5.3 Evacuated Blood Collection Tube Market Volume and Forecasts to 2027 (Units Mn)
6.7 Blood Collection Needles/ Holders
6.7.1 Overview
6.7.2 Blood Collection Needles/ Holders Market Revenue and Forecasts to 2027 (US$ Mn)
6.7.3 Blood Collection Needles/ Holders Market Volume and Forecasts to 2027 (Units Mn)
6.8 Blood Collection Set
6.8.1 Overview
6.8.2 Blood Collection Set Market Revenue and Forecasts to 2027 (US$ Mn)
6.8.3 Blood Collection Set Market Volume and Forecasts to 2027 (Units Mn)
6.9 Others
6.9.1 Overview
6.9.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
7. Blood Collection Devices Market Analysis– by Method
7.1 Overview
7.2 Blood Collection Devices Market, By Method, 2019 & 2027 (%)
7.3 Manual Blood Collection
7.3.1 Overview
7.3.2 Manual Blood Collection Devices Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Automated Blood Collection
7.4.1 Overview
7.4.2 Automated Blood Collection Devices Market Revenue and Forecasts to 2027 (US$ Mn)
8. Blood Collection Devices Market Analysis– by End-Users
8.1 Overview
8.2 Blood Collection Devices Market, By End User, 2019 & 2027 (% Share)
8.3 Hospitals and Pathology Laboratories
8.3.1 Overview
8.3.2 Hospitals and Pathology Laboratories Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Blood Bank
8.4.1 Overview
8.4.2 Blood Bank Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Others
8.5.1 Overview
8.5.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
9. Blood Collection Devices Market – Geographic Analysis
South and Central America: Blood Collection Devices Market
9.1.1 Overview
9.1.2 South and Central America: Blood Collection Devices Market - Revenue and Forecast to 2027 (US$ Million)
9.1.3 South and Central America: Blood Collection Devices Market, by Product, 2018–2027 (USD Million)
9.1.4 South and Central America: Blood Collection Devices Market, by Product, 2018–2027 (Units Million)
9.1.4.1 South and Central America: Blood Collection Tubes, Market, by Type, 2018–2027 (USD Million)
9.1.4.2 South and Central America: Blood Collection Devices Market, by Types, 2018–2027 (Units Million)
9.1.5 South and Central America: Blood Collection Devices, Market, by Method, 2018–2027 (USD Million)
9.1.6 South and Central America: Blood Collection Devices Market, by End User, 2018–2027 (USD Million)
9.1.7 South and Central America: Blood Collection Devices Market, by Country, 2019 & 2027 (%)
9.1.8 Brazil: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
9.1.8.1 Brazil: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
9.1.8.2 Brazil: Blood Collection Devices Market, by Product, 2018–2027 (USD Million)
9.1.8.3 Brazil: Blood Collection Devices Market, by Product, 2018–2027 (Units Million)
9.1.8.3.1 Brazil: Blood Collection Devices Market, by Type 2018–2027 (USD Million)
9.1.8.3.2 Brazil: Blood Collection Devices Market, by Types, 2018–2027 (Units Million)
9.1.8.4 Brazil: Blood Collection Devices, Market, by Method, 2018–2027 (USD Million)
9.1.8.5 Brazil: Blood Collection Devices Market, by End User, 2018–2027 (USD Million)
9.1.9 Argentina: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
9.1.9.1 Argentina: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
9.1.9.2 Argentina: Blood Collection Devices Market, by Product, 2018–2027 (USD Million)
9.1.9.3 Argentina: Blood Collection Devices Market, by Product, 2018–2027 (Units Million)
9.1.9.3.1 Argentina: Blood Collection Devices Market, by Types, 2018–2027 (USD Million)
9.1.9.3.2 Argentina: Blood Collection Devices Market, by Types, 2018–2027 (Units Million)
9.1.9.4 Argentina: Blood Collection Devices, Market, by Method, 2018–2027 (USD Million)
9.1.9.5 Argentina: Blood Collection Devices Market, by End User, 2018–2027 (USD Million)
10. Impact of COVID-19 Pandemic on South and Central America Blood Collection Devices Market
10.1 South and Central America: Impact Assessment of COVID-19 Pandemic
Company Profiles
10.2 BD
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Terumo Corporation
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Cardinal Health Inc
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 SARSTEDT AG and Co. KG
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 THERMO FISHER SCIENTIFIC INC.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Greiner AG
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 SEKISUI CHEMICAL CO. LTD
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Narang Medical Limited.
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 FL MEDICAL s.r.l.
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES
Table 1. Blood Collection Tubes Market Revenue And Forecasts to 2027, By Type (US$ Mn)
Table 2. South and Central America Blood Collection Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 3. South and Central America Blood Collection Devices Market, by Product– Volume and Forecast to 2027 (Units Million)
Table 4. South and Central Blood Collection Tubes Market, by Types – Revenue and Forecast to 2027 (USD Million)
Table 5. South and Central America Blood Collection Devices Market, by Types – Volume and Forecast to 2027 (Units Million)
Table 6. South and Central America Blood Collection Devices Market, by Method – Revenue and Forecast to 2027 (USD Million)
Table 7. South and Central America Blood Collection Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 8. Brazil Blood Collection Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 9. Brazil Blood Collection Devices Market, by Product– Volume and Forecast to 2027 (Units Million)
Table 10. Brazil Blood Collection Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 11. Brazil Blood Collection Devices Market, by Types– Volume and Forecast to 2027 (Units Million)
Table 12. Brazil Blood Collection Devices Market, by Method – Revenue and Forecast to 2027 (USD Million)
Table 13. Brazil Blood Collection Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 14. Argentina Blood Collection Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 15. Argentina Blood Collection Devices Market, by Product– Volume and Forecast to 2027 (Units Million)
Table 16. Argentina Blood Collection Devices Market, by Types – Revenue and Forecast to 2027 (USD Million)
Table 17. Argentina Blood Collection Devices Market, by Types – Volume and Forecast to 2027 (Units Million)
Table 18. Argentina Blood Collection Devices Market, by Method – Revenue and Forecast to 2027 (USD Million)
Table 19. Argentina Blood Collection Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 20. Glossary of Terms, Blood Collection Devices Market
LIST OF FIGURES
Figure 1. Blood Collection Devices Market Segmentation
Figure 2. South and Central America Blood Collection Devices Market Overview
Figure 3. Blood Collection Needles/Holders Segment Held Largest Share of Product Segment In Blood Collection Devices Market
Figure 4. Brazil Region Is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. South and Central America Blood Collection Devices Market- Leading Country Markets (US$ Million)
Figure 6. South and Central America PEST Analysis
Figure 7. Blood Collection Devices Market Impact Analysis of Drivers and Restraints
Figure 8. Global Blood Collection Devices Market – Revenue Forecasts and Analysis – 2018- 2027
Figure 9. Blood Collection Devices Market, by Product, 2019 & 2027 (%)
Figure 10. 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. Micro-collection tubes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Micro-collection tubes Market Volume and Forecasts to 2027 (US$ Mn)
Figure 14. Evacuated Blood Collection Tube Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Evacuated Blood Collection Tube Market Volume and Forecasts to 2027 (Units Mn)
Figure 16. 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. 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. Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Blood Collection Devices Market, by Method, 2019 & 2027 (%)
Figure 22. Manual Blood Collection Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Automated Blood Collection Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Blood Collection Devices Market, by End User, 2019 & 2027 (% Share)
Figure 25. Hospitals and Pathology laboratories Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. Blood Bank Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. South and Central America: Blood Collection Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 29. South and Central America Blood Collection Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 30. South and Central America: Blood Collection Devices Market, by Country, 2019 & 2027 (%)
Figure 31. Brazil: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 32. Argentina: Blood Collection Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 33. Impact Of COVID-19 Pandemic in Rest of the World Countries MarketThe List of Companies - South and Central America Blood Collection Devices Market
- BD
- Terumo Corporation
- Cardinal Health Inc
- SARSTEDT AG and Co. KG
- THERMO FISHER SCIENTIFIC INC.
- Greiner AG
- SEKISUI CHEMICAL CO. LTD
- Narang Medical Limited.
- FL MEDICAL s.r.l
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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