Market Overview:
The global blood collection needles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising demand for blood transfusions, and technological advancements in the field of blood collection needles. The global blood collection needles market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into safety blood collection needles and standard blood collection needles. The safety needle segment is expected to grow at a higher CAGR than that of standard needle segments during the forecast period from 2018 to 2030 owing to their benefits such as reduced risk of needlestick injuries and improved patient safety. On the basis of application, hospitals are estimated to account for a major share in terms revenue generated by this market during 2018-2030 owing high number patients visits coupled with growing demand for safe medical procedures across globe .
Product Definition:
A blood collection needle is a type of hypodermic needle that is specifically used for withdrawing blood from a patient. They are often attached to a syringe in order to collect the sample, and they can be made from plastic or metal. Blood collection needles are important because they allow healthcare professionals to obtain accurate blood samples for diagnostic testing or transfusions.
Safety Blood Collection Needles:
Safety Blood Collection Needles are used for blood collection from donors. It is a hollow needle that has been treated with an anti-coagulant drug to prevent the blood from clotting. The Safety Blood Collection Needle consists of a plastic hub, which contains an attached barbed connector and is coated in epoxy resin or ceramic material, which prevents it from being connected to any other device by way of contamination.
Standard Blood Collection Needles:
The global standard blood collection needles and it's usage in the market is expected to grow at a significant rate over the forecast period. The major factor that propels this growth includes increasing prevalence of chronic diseases such as cancer, diabetes, autoimmune disorders & other rare genetic diseases. In addition, growing geriatric population base is also anticipated to fuel the growth of this market during the forecast period.
Global standard blood collection needles.
Application Insights:
Based on the application, the global blood collection needles market is segmented into hospitals, clinics and ambulatory surgical centers, and others. The hospitals segment dominated the market in 2017 owing to increasing number of surgeries globally. According to WHO, an estimated 1.7 million people die each year due to road traffic crashes across the world which accounts for around 3% of total deaths worldwide. Moreover, according to a study published by National Safety Council (NSC), U.S., around 442-944 people are killed daily in work related accidents as well as on roads across America which amounts to about 37-62 deaths per day or 1-2 fatalities per minute!. Such statistics indicate that there is a huge need for safety blood collection devices in hospital settings where patients get injured easily during procedures such as surgery or dialysis etc., Thus driving demand for BCDs at this location level over the forecast period.
Regional Analysis:
North America dominated the global blood collection needles market in 2017. This can be attributed to the presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for minimally invasive surgeries. Moreover, rising prevalence of chronic diseases such as cancer and diabetes is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare facilities due to government initiatives and an increase in investments by various organizations & companies.
Growth Factors:
- Increasing prevalence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. The number of people suffering from chronic diseases such as diabetes, heart disease, and cancer is on the rise, which in turn is driving the demand for blood collection needles.
- Technological advancements: Blood collection needles are witnessing rapid technological advancements, with manufacturers focusing on developing innovative products that are easier to use and provide better patient outcomes. This is helping to boost the growth prospects of the market worldwide.
- Rising awareness about blood donation: There has been a significant increase in awareness about blood donation in recent years, owing to various campaigns launched by governments and non-profit organizations globally. This has led to an increase in demand for blood collection needles from both hospitals and clinics as well as individual consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Blood Collection Needles Market Research Report
By Type
Safety Blood Collection Needles, Standard Blood Collection Needles
By Application
Hospitals, Clinics, Ambulatory Surgical Centres, Others
By Companies
Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo, NIPRO Medical, B. Braun Melsungen, Medsurg, Hamilton Syringes & Needles, Hi-Tech Medicare Devices
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Blood Collection Needles Market Report Segments:
The global Blood Collection Needles market is segmented on the basis of:
Types
Safety Blood Collection Needles, Standard Blood Collection Needles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Ambulatory Surgical Centres, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- BD Medical
- Boston Scientific
- Smith Medical
- Argon Medical Devices
- Novo Nordisk
- Terumo
- NIPRO Medical
- B. Braun Melsungen
- Medsurg
- Hamilton Syringes & Needles
- Hi-Tech Medicare Devices
Highlights of The Blood Collection Needles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Safety Blood Collection Needles
- Standard Blood Collection Needles
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Blood Collection Needles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Blood collection needles are used to collect blood from a person.
Some of the major companies in the blood collection needles market are Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo, NIPRO Medical, B. Braun Melsungen, Medsurg, Hamilton Syringes & Needles, Hi-Tech Medicare Devices.
The blood collection needles market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blood Collection Needles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Blood Collection Needles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blood Collection Needles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Blood Collection Needles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Blood Collection Needles Market Size & Forecast, 2020-2028
4.5.1 Blood Collection Needles Market Size and Y-o-Y Growth
4.5.2 Blood Collection Needles Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Safety Blood Collection Needles
5.2.2 Standard Blood Collection Needles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centres
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blood Collection Needles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Blood Collection Needles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Safety Blood Collection Needles
9.6.2 Standard Blood Collection Needles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centres
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Safety Blood Collection Needles
10.6.2 Standard Blood Collection Needles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centres
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Safety Blood Collection Needles
11.6.2 Standard Blood Collection Needles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centres
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Safety Blood Collection Needles
12.6.2 Standard Blood Collection Needles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centres
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Safety Blood Collection Needles
13.6.2 Standard Blood Collection Needles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centres
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Blood Collection Needles Market: Competitive Dashboard
14.2 Global Blood Collection Needles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 BD Medical
14.3.3 Boston Scientific
14.3.4 Smith Medical
14.3.5 Argon Medical Devices
14.3.6 Novo Nordisk
14.3.7 Terumo
14.3.8 NIPRO Medical
14.3.9 B. Braun Melsungen
14.3.10 Medsurg
14.3.11 Hamilton Syringes & Needles
14.3.12 Hi-Tech Medicare Devices
