Market Overview:
The global disposable blood collection needle market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of chronic diseases, rising demand for safe and effective blood collection methods, and technological advancements in disposable blood collection needles. The safety blood collection needles segment is expected to grow at a higher CAGR than the standard blood collection needles segment during the forecast period. This can be attributed to the increasing demand for safe and effective blood collection methods among healthcare professionals and patients. In terms of application, hospitals are expected to account for the largest share of the global disposable blood Collection needle market in 2018.
Product Definition:
A disposable blood collection needle is a medical device that is used to draw blood from a patient. It consists of a hollow needle that is attached to a plastic or glass barrel, and it is used to pierce the skin and withdraw blood. The disposable blood collection needles are typically packaged in sealed sterile packaging, and they are intended for one-time use only.
Safety Blood Collection Needles:
Safety Blood Collection Needles, it's usage.
The global safety blood collection needles, it's usage and growth factor in disposable blood collection needle market size was valued at USD 6.5 billion in 2015. The increasing prevalence of infectious diseases coupled with the rising geriatric population is expected to drive the demand for safety blood collection needles over the forecast period.
Standard Blood Collection Needles:
The global standard blood collection needles and it's usage in disposable blood collection needle market size was valued at USD 4.5 billion in 2015. The increasing prevalence of infectious diseases coupled with the rising geriatric population is expected to propel the demand for these products over the forecast period.
Application Insights:
Based on the application, the global disposable blood collection needle market is segmented into hospitals, clinics and others. Hospitals held the largest share of over 70% in 2017 owing to factors such as a high volume of patient admissions and an increase in surgical procedures. Moreover, an increase in healthcare spending by governments as well as private organizations will boost industry growth further.
The clinics segment is expected to witness significant growth during the forecast period due to factors such as increasing awareness about HIV/AIDS among people across all age groups and genders; rising adoption of safe sex practices; growing incidences of new diseases including hepatitis A & B virus infections; rise in adoption for drug abuse etc.; rapid urbanization leading to increased demand for health services resulting in higher usage rates of disposable blood collection needles at clinics compared with hospitals.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies. In addition, increasing demand for advanced medical products is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to rising awareness about blood donation and growing penetration of private hospitals in emerging countries such as China and India. Moreover, increasing healthcare expenditure by governments along with a rise in disposable income will boost product sales over the next eight years.
Growth Factors:
- Increasing prevalence of chronic diseases: The global disposable blood collection needle market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing prevalence of chronic diseases such as cancer, diabetes, and heart disease.
- Technological advancements: The disposable blood collection needle market is witnessing technological advancements in terms of design and functionality that are helping improve patient safety and reduce infection rates. This is driving the demand for disposable blood collection needles globally.
- Rising number of surgeries: The number of surgeries being performed across the globe is rising rapidly due to the increasing incidence of lifestyle-related disorders such as obesity and cardiovascular diseases. This is leading to an increase in demand for disposable blood collection needles, as they are used extensively during surgical procedures.
Scope Of The Report
Report Attributes
Report Details
Report Title
Disposable Blood Collection Needle Market Research Report
By Type
Safety Blood Collection Needles, Standard Blood Collection Needles
By Application
Hospitals, Clinics, Other
By Companies
Terumo Corporation, Smith Medical, Novo Nordisk, NIPRO Medical, Medtronic, Medsurg, Hi-Tech Medicare Devices, Hamilton Syringes & Needles, Boston Scientific, BD Medical, B. Braun Melsungen AG, Argon Medical 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Disposable Blood Collection Needle Market Report Segments:
The global Disposable Blood Collection Needle 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, Other
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:
- Terumo Corporation
- Smith Medical
- Novo Nordisk
- NIPRO Medical
- Medtronic
- Medsurg
- Hi-Tech Medicare Devices
- Hamilton Syringes & Needles
- Boston Scientific
- BD Medical
- B. Braun Melsungen AG
- Argon Medical Devices
Highlights of The Disposable Blood Collection Needle 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
- Other
- 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 Disposable Blood Collection Needle 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?
A disposable blood collection needle is a thin, sharp object used to withdraw blood from a human or animal.
Some of the major companies in the disposable blood collection needle market are Terumo Corporation, Smith Medical, Novo Nordisk, NIPRO Medical, Medtronic, Medsurg, Hi-Tech Medicare Devices, Hamilton Syringes & Needles, Boston Scientific, BD Medical, B. Braun Melsungen AG, Argon Medical Devices.
The disposable blood collection needle market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Disposable Blood Collection Needle 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 Disposable Blood Collection Needle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Disposable Blood Collection Needle 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 Disposable Blood Collection Needle 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 Disposable Blood Collection Needle Market Size & Forecast, 2020-2028
4.5.1 Disposable Blood Collection Needle Market Size and Y-o-Y Growth
4.5.2 Disposable Blood Collection Needle 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 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Disposable Blood Collection Needle 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 Disposable Blood Collection Needle 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 Other
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 Other
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 Other
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 Other
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 Other
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 Disposable Blood Collection Needle Market: Competitive Dashboard
14.2 Global Disposable Blood Collection Needle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Terumo Corporation
14.3.2 Smith Medical
14.3.3 Novo Nordisk
14.3.4 NIPRO Medical
14.3.5 Medtronic
14.3.6 Medsurg
14.3.7 Hi-Tech Medicare Devices
14.3.8 Hamilton Syringes & Needles
14.3.9 Boston Scientific
14.3.10 BD Medical
14.3.11 B. Braun Melsungen AG
14.3.12 Argon Medical Devices
