Blood Collection Market Share, Demand, Trends, Competition and Forecast 2034
Blood Collection Market Growth, Size, Trends Analysis - By Collection Site, By Application, By Method, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Feb-2025 | Report ID: HLCA2566 | Pages: 1 - 249 | Formats*: |
| Category : Healthcare | |||
Blood Collection Market Introduction and Overview
According to SPER Market Research, the Global Blood Collection Market is estimated to reach USD 9.08 billion by 2034 with a CAGR of 8.93%.
The report includes an in-depth analysis of the Global Blood Collection Market, including market size and trends, product mix, Applications, and supplier analysis. The global blood collection market was valued at USD 3.86 billion in 2024 and is expected to grow at a rate of 8.93% from 2025 to 2034. This growth is driven by more diagnostic procedures using blood samples, including disease screening and medication monitoring. Regular blood tests are important for evaluating and monitoring chronic illnesses like diabetes, cardiovascular disease, and cancer. The rise in chronic diseases will likely increase the need for diagnostic testing and blood collection equipment.
By Collection Site Insights: The venous segment led the market in 2024, holding the largest revenue share. There is an increasing demand for venous blood collection due to the need for detailed diagnostic testing in healthcare. As chronic diseases like diabetes, heart conditions, and cancer rise, more routine and advanced blood tests are needed, many requiring venous samples. Venous collection allows for larger samples for multiple tests from one draw, which is important for complex health cases. Additionally, the growth of decentralized trials and home health services boosts the demand for venous collection for reliable remote patient monitoring.
By Application Insights: Diagnostics held a major share of the market in 2024 and is expected to grow the fastest in the coming years, due to the rising demand for accurate, quick, and less invasive testing in healthcare. Blood collection for diagnostics is vital for detecting various medical issues, including common infections and chronic diseases. A notable example is blood tests for diabetes management, where regular blood draws track glucose levels and inform treatment.
By Method Insights: The manual blood collection segment led the market with a large share in 2024, mainly due to its common use in different healthcare settings, from primary care to specialized clinics, where reliable and affordable blood collection is important. Manual methods offer healthcare providers more control and flexibility, especially for patients with difficult vein access, including children and the elderly. This method is still popular in areas with limited access to advanced automated systems.
By End User Insights: The hospitals segment had a large market share in 2024. Hospitals and clinics serve many patients daily, performing routine blood tests, emergency care, and surgeries. The frequent blood tests create steady demand for vacuum blood collection tubes. Additionally, rising healthcare spending in developing countries is resulting in new hospital construction and upgrades to current facilities.
Regional Insights: In 2024, North America dominated the blood collection industry, accounting for the majority of revenue. Several factors are driving the expansion of the North American market, including an increase in the number of accidents, a rise in the frequency of chronic and lifestyle diseases, and a growing elderly population.
Market Competitive Landscape:
The blood collection industry is competitive, involving large global firms and smaller companies vying for market share. Success relies on regularly introducing new products and technologies. Major players greatly influence the market through significant R&D investments. Strategic partnerships and mergers and acquisitions are vital for expanding reach, though strict regulations pose challenges for newcomers. Key market players are Abbott, NIPRO Medical Corporation, BD, Terumo Corporation; Medtronic, QIAGEN, FL Medical s.r.l, Greiner AG, Haemonetics Corporation, F. Hoffmann-La Roche Ltd, Sarstedt AG & Co KG, Centogene N.V, SEKISUI CHEMICAL CO, LTD.
Recent Developments:
- In April 2024, Becton, Dickinson, and Company launched the BD Vacutainer UltraTouch push button blood collection set in India. This device uses BD RightGauge technology for a thinner needle and BD PentaPoint Technology to reduce insertion pain, enhancing patient comfort and blood collection efficiency.
- In December 2023, BD (Becton, Dickinson & Company) announced it received 510(k) clearance from the U. S. Food and Drug Administration (FDA) for a new blood collection device that obtains samples through a fingerstick.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Collection Site, By Application, By Method, By End User. |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | Abbott, NIPRO Medical Corporation, BD, Terumo Corporation; Medtronic, QIAGEN, FL Medical s.r.l, Greiner AG, Haemonetics Corporation, F. Hoffmann-La Roche Ltd, Sarstedt AG & Co KG, Centogene N.V, SEKISUI CHEMICAL CO, LTD. and others. |
Key Topics Covered in the Report:
- Global Blood Collection Market Size (FY’2021-FY’2034)
- Overview of Global Blood Collection Market
- Segmentation of Global Blood Collection Market By Collection Site (Venous, Capillary)
- Segmentation of Global Blood Collection Market By Application (Diagnostics, Treatment)
- Segmentation of Global Blood Collection Market By Method (Manual, Automated)
- Segmentation of Global Blood Collection Market By End User (Hospitals, Diagnostics Centers, Blood Banks, Emergency Departments, Others)
- Statistical Snap of Global Blood Collection Market
- Expansion Analysis of Global Blood Collection Market
- Problems and Obstacles in Global Blood Collection Market
- Competitive Landscape in the Global Blood Collection Market
- Details on Current Investment in Global Blood Collection Market
- Competitive Analysis of Global Blood Collection Market
- Prominent Players in the Global Blood Collection Market
- SWOT Analysis of Global Blood Collection Market
- Global Blood Collection Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Blood Collection Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Blood Collection Market
7. Global Blood Collection Market, By Collection Site (USD Million) 2021-2034
7.1. Venous
7.1.1. Needles and Syringes7.1.2. Double-Ended Needles7.1.3. Winged Blood Collection Sets7.1.4. Standard Hypodermic Needles7.1.5. Other Blood Collection Needles
7. 2. Blood Collection Tubes
7.1.1. Serum-separating7.1.2. EDTA7.1.3. Heparin7.1.4. Plasma-separating7.1.5. Blood Bags7.1.6. Others
7.3. Capillary
7.3.1. Lancets7.3.2. Micro-Container Tubes7.3.3. Micro-Hematocrit Tubes7.3.4. Warming Devices7.3.5. Others
8. Global Blood Collection Market, By Application (USD Million) 2021-2034
8.1. Diagnostics8.2. Treatment
9. Global Blood Collection Market, By Method (USD Million) 2021-2034
9.1. Manual Blood Collection9.2. Automated Blood Collection
10. Global Blood Collection Market, By End User (USD Million) 2021-2034
10.1. Hospitals10.2. Diagnostics Centers10.3. Blood Banks10.4. Emergency Departments10.5. Others
11. Global Blood Collection Market, (USD Million) 2021-2034
11.1. Global Blood Collection Market Size and Market Share
12. Global Blood Collection Market, By Region, (USD Million) 2021-2034
12.1. Asia-Pacific
12.1.1. Australia12.1.2. China12.1.3. India12.1.4. Japan12.1.5. South Korea12.1.6. Rest of Asia-Pacific
12.2. Europe
12.2.1. France12.2.2. Germany12.2.3. Italy12.2.4. Spain12.2.5. United Kingdom12.2.6. Rest of Europe
12.3. Middle East and Africa
12.3.1. Kingdom of Saudi Arabia12.3.2. United Arab Emirates12.3.3. Qatar12.3.4. South Africa12.3.5. Egypt12.3.6. Morocco12.3.7. Nigeria12.3.8. Rest of Middle-East and Africa
12.4. North America
12.4.1. Canada12.4.2. Mexico12.4.3. United States
12.5. Latin America
12.5.1. Argentina12.5.2. Brazil12.5.3. Rest of Latin America
13. Company Profile
13.1. Abbott
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. NIPRO Medical Corporation
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. BD
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. Terumo Corporation
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. Medtronic
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. QIAGEN
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. FL Medical s.r.l
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. Greiner AG
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. Haemonetics Corporation
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. F. Hoffmann-La Roche Ltd
13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11. Sarstedt AG & Co. KG
13.11.1. Company details13.11.2. Financial outlook13.11.3. Product summary13.11.4. Recent developments
13.12. Centogene N.V
13.12.1. Company details13.12.2. Financial outlook13.12.3. Product summary13.12.4. Recent developments
13.13. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Blood Collection Market is projected to reach USD 9.08 billion by 2034, growing at a CAGR of 8.93% during the forecast period.
Blood Collection Market grew in Market size from 2025. The Market is expected to reach USD 9.08 billion by 2034, at a CAGR of 8.93% during the forecast period.
Blood Collection Market CAGR of 8.93% during the forecast period.
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Blood Collection Market size is USD 9.08 billion from 2025 to 2034.
Blood Collection Market is covered By Collection Site, By Application, By Method, By End User.
The North America is anticipated to have the highest Market share in the Blood Collection Market.
The key players in the Market include Companies Covered Abbott, NIPRO Medical Corporation, BD, Terumo Corporation; Medtronic, QIAGEN, FL Medical s.r.l, Greiner AG, Haemonetics Corporation, F. Hoffmann-La Roche Ltd, Sarstedt AG & Co KG, Centogene N.V, SEKISUI CHEMICAL CO, LTD. and others.others.
This growth is driven by more diagnostic procedures using blood samples, including disease screening and medication monitoring. Regular blood tests are important for evaluating and monitoring chronic illnesses like diabetes, cardiovascular disease, and cancer.
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