Global Blood Collection Market Expected to Reach USD 10.4 Billion by 2033 - IMARC Group

December 05, 2024 | Healthcare

Global Blood Collection Market Statistics, Outlook and Regional Analysis 2025-2033

The global blood collection market size was valued at USD 7.3 Billion in 2024, and it is expected to reach USD 10.4 Billion by 2033, exhibiting a growth rate (CAGR) of 4.03% from 2025 to 2033.

Blood Collection Market

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A rising focus on high-efficiency manufacturing techniques is impacting the blood collection industry. Advanced methods for quick tube manufacture are addressing rising demand, enhancing scalability, and supporting the growing demands of modern healthcare diagnostics. For example, in September 2024, Husky Technologies™ and Kriya Medical Technologies Pvt. Ltd. launched India’s first ICHOR medical system for blood collection tubes. The system, designed to produce up to 250 million tubes per year with a cycle time of under 5.5 seconds, is currently the fastest on the market. 

Moreover, the growing emphasis on patient-centered healthcare is encouraging the use of home-based blood collection technologies, which improve convenience and accessibility. This strategy promotes decentralized diagnostics, which allows people to manage their health more effectively outside of typical clinical settings. For instance, in May 2022, BD expanded its strategic partnership with Babson Diagnostics to advance diagnostic blood collection into new care settings, including enabling patients to collect blood samples at home, aiming to make blood sample collection more convenient and patient centered. Furthermore, manufacturers of blood collection equipment are focusing on improving safety and efficiency. Efforts are being made to design devices that cause the least amount of discomfort to patients while also lowering contamination hazards. Additionally, increased healthcare awareness in emerging nations creates new opportunities for creative solutions. Healthcare practitioners are increasingly turning to automated solutions for their precision and scalability over conventional approaches. For example, Terumo Corporation announced its capillary blood collection device with upgraded safety features to meet rising demand in Asia Pacific. This technology enables exact sampling while guaranteeing operator safety, harmonizing with the global drive for increased diagnostic accuracy and patient care standards.

Global Blood Collection Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest blood collection market share, on account of the region's proficient healthcare infrastructure and strong demand for diagnostic testing, which is driven by the prevalence of chronic and infectious illnesses.

North America Blood Collection Market Trends:

The blood collection market in North America focuses on individualized healthcare solutions, which is exhibiting a clear dominance in the market. For example, Quest Diagnostics introduced improved blood testing services customized to individual health profiles, reflecting the region's emphasis on enhancing diagnostic precision and patient-centered treatment. This is acting as a significant growth-inducing factor.

Europe Blood Collection Market Trends:

Europe focuses on blood safety standards, which are governed by severe legislation. Greiner AG's VACUETTE safety products emphasize the use of innovative instruments that reduce contamination and increase safety during blood collection operations. A key trend is the shift toward propane as a lower-emission alternative to traditional fuels, especially in countries like France, Italy, and Germany, where propane is increasingly used for heating, cooking, and as an alternative fuel in vehicles.

Asia-Pacific Blood Collection Market Trends:

Asia-Pacific is witnessing a surge in portable blood collection equipment as rural healthcare access improves. For example, Terumo Corporation launched tiny blood collection kits in India, meeting the region's demand for scalable solutions. Additionally, propane's role in residential heating, cooking, and industrial applications is expanding, especially in countries with colder climates or limited access to natural gas infrastructure, such as in rural parts of China and India.

Latin America Blood Collection Market Trends:

Point-of-care blood collection methods are increasingly being adopted in Latin America. Abbott Laboratories' portable diagnostic equipment is gaining popularity throughout the region, enhancing diagnosis in impoverished areas. Moreover, as Latin American countries like Brazil and Argentina push for cleaner, renewable energy solutions, the adoption of biopropane is beginning to gain traction, aligning with the region’s broader goals of reducing carbon emissions.

Middle East and Africa Blood Collection Market Trends:

In the Middle East and Africa region, mobile blood collection units are prioritized to assist outreach efforts. For example, Haemonetics Corporation collaborated with local groups to deploy mobile units in South Africa, increasing blood donation efficiency. In the agricultural sector, propane is increasingly being used for crop drying, greenhouse heating, and powering farming equipment, particularly in countries like Egypt and Morocco.

Top Companies Leading in the Blood Collection Industry

Some of the leading blood collection market companies include Abbott Laboratories, Becton Dickinson and Company, FL MEDICAL s.r.l., Greiner AG, Haemonetics Corporation, McKesson Corporation, Medtronic plc, Nipro Corporation, Qiagen N.V., Quest Diagnostics, Sarstedt AG & Co. KG, and Terumo Corporation, among many others. For example, in December 2023, Becton Dickinson and Company received FDA 510(k) clearance for the BD MiniDraw capillary blood collection system, a fingertip blood collection device designed to obtain lab-quality samples from a fingerstick, enhancing patient comfort and expanding access to blood collection in non-traditional settings.

Global Blood Collection Market Segmentation Coverage

  • On the basis of the product, the market has been bifurcated into needles and syringes, blood collection tubes (serum-separating, EDTA, heparin, and plasma-separating), blood bags, and others, wherein needles and syringes represent the most preferred segment. Advances in design and safety features boost needle and syringe usage, lowering contamination concerns and increasing efficiency in healthcare facilities.
  • Based on the application, the market is categorized into diagnostics and treatment, amongst which diagnostics dominate the market. The growing demand for early diagnostics, combined with advances in testing technology, is driving the use of efficient blood collection systems.
  • On the basis of the end use, the market has been divided into hospitals, diagnostics centers, blood banks, and others. Among these, hospitals exhibit a clear dominance in the market. The introduction of modified blood collection technology to hospital settings is driven by expanding healthcare infrastructure and growing demand for diagnostic tests.

 

Report Features Details
Market Size in 2024 USD 7.3 Billion
Market Forecast in 2033 USD 10.4 Billion
Market Growth Rate 2025-2033 4.03%
Units Billion USD
Segment Coverage Product, Application, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Abbott Laboratories, Becton Dickinson and Company, FL MEDICAL s.r.l., Greiner AG, Haemonetics Corporation, McKesson Corporation, Medtronic plc, Nipro Corporation, Qiagen N.V., Quest Diagnostics, Sarstedt AG & Co. KG and Terumo Corporation
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