North America Driving Global Automated Blood Collection Market Growth for Next 5 Years

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Automated Blood Collection Market Size Worth USD
1.99 Billion in 2030
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Increasing incidence of both infectious and
chronic diseases is a key factor driving
automated blood collection market revenue growth
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Market Analysis
Financial Analysis
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Competitor Analysis
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End Use Analysis
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Market Summary
The global Automated Blood Collection Market size
was USD 1.08 Billion in 2021 and is expected to
register a revenue CAGR of 7.1 during the
forecast period, according to latest analysis by
Emergen Research. Market revenue growth is
primarily driven by factors such as
growing public awareness about advantages that
automated blood collection methods offer over
manual blood collection techniques, ongoing
demand for blood in hospitals, nursing homes, and
ambulatory care facilities, rising rates of
traffic accidents and trauma cases globally, and
rising surgical rates.  In addition, increasing
government initiatives to promote blood donation,
rising demand for sophisticated blood collection
and storage systems, rise in popularity of liquid
biopsy testing, and increased number of product
approvals are also driving revenue growth of the
market. As a result of surge in testing demand,
medical facilities, such as hospitals and
pathology labs, are introducing automation-based
approaches in their operations to manage rise in
quantity of specimens. The automated blood
collection market is expected to be impacted by
technological advancements, such as portable
blood collection, Hemosep 3-D printed blood
collection devices, design of blood collection
tubes, robotics in blood management, RFID
technology, and microfluidic blood collection
devices, due to their distinctive features. For
instance, researchers at Rutgers University
developed Venibot, a "venipuncture robot" that
can draw blood and run tests on its own. This
robot uses a combination of near-infrared and
ultrasound imaging to find blood arteries before
injecting patient, then creates a 3D model of
vessels. Read More https//www.emergenresearch.
com/industry-report/automated-blood-collection-mar
ket
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Market Summary
Some Key Highlights From the Report The
venipuncture sampling segment accounted for a
moderate revenue share in 2021. Venipuncture is
most frequent clinical procedure performed
worldwide and over 1.4 billion take place each
year in the U.S., which involves putting a needle
into a vein to obtain a blood sample or deliver
IV medicine. However, previous research show that
clinicians are ineffective in malnourished
patients in 60 of cases, patients without
perceptible veins in 40 of cases, and patients
without visible veins in 27 of cases. To collect
blood quickly and securely while displaying
patient information at the site of blood draw, a
number of scientists are striving to build
platform devices that integrate robotic automated
venipuncture with automated diagnostics. Due to
technological advancements, such as
ultrasonography and 3D reconstruction of vein,
repeated manual venipuncture attempts are no
longer required. The therapeutic treatment
segment accounted for a significant revenue share
in 2021. In intensive care units, therapeutic
blood transfusion methods, such as apheresis and
phlebotomy, are often employed. Therapeutic
apheresis, also known as automated blood
collection, has developed into a relatively
widespread therapeutic option and is used to
treat patients with a range of diseases.
Apheresis is increasingly being used to treat a
variety of illnesses in severely ill individuals.
There is mounting evidence that apheresis can be
used as a stand-alone treatment or as a
supplement to other therapies for various
illnesses including sepsis, fulminant liver
failure, drug toxicity, thrombotic
thrombocytopenic purpura, hemolytic uremic
syndrome, and autoimmune disease. Cytapheresis,
photopheresis, and Therapeutic Plasma Exchange
(TPE) are all types of therapeutic apheresis. .
These are some of the crucial factors driving
revenue growth of this segment. Request Free
Sample https//www.emergenresearch.com/request-s
ample/1131
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Market Summary
Emergen Research has segmented the global
automated blood collection market based on type,
product type, application, and region Type
Outlook (Revenue, USD Billion 2019-2030) Arterial
Sampling Venipuncture Sampling Fingerstick
Sampling Product Type Outlook (Revenue, USD
Billion 2019-2030) Needles Syringes Blood
Collection Tubes Blood Bags Instruments End-Use
Outlook (Revenue, USD Billion 2019-2030) Hospital
s Diagnostic Centers Pathology Laboratories Others
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ization/1131
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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