Market Introduction
Blood is collected from donor to perform various diagnostic tests. Needles & syringes, and lancets and other devices are used for arterial and venous blood collection. Arterial blood collection has various advantages such as arterial blood gas sampling, and intraoperative blood salvage. Growing number of accidents & trauma cases and rising incidence of infectious disease and developing liquid biopsy technology is prominently expected to drive the market growth during the forecast period.
The scope of the South and Central America blood collection devices market includes product, method, end user. The market for blood collection devices is analyzed on the basis of regions such as South and Central America. The report offers insights and in-depth analysis of the breast cancer screening market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the South and Central America.
Market Overview and Dynamics
The South and Central America blood collection devices market is projected to reach US$ 438.24 million by 2027 from US$ 331.89 million in 2019. The market is estimated to grow at CAGR of 3.6% from 2020 to 2027. The growth of the South and Central America blood collection devices market is attributed to the growing number of accidents & trauma cases and rising incidence of infectious disease and developing liquid biopsy technology. However, the shortage of qualified personnel hinders the growth of the market.
Key Market Segments
Based on product, the South and Central America blood collection devices market is sub segmented into blood collection tubes, blood collection needles/ holders, blood collection set, and others. Blood collection tube us further sub-segmented evacuated blood collection tubes and micro-collection tubes. The blood collection needles/ holders segment accounted for the largest share of the market in 2019; whereas the blood collection tubes segment is estimated to register the highest CAGR of 4.2% in the market during the forecast period.
Based on method, the market is segmented into manual blood collection and automated blood collection. The manual blood collection segment held a larger share of the market in 2019 and automated blood collection is estimated to register the highest CAGR of 4.1% in the market during the forecast period.
Based on end user, the market is segmented into hospitals and pathology laboratories, blood banks, and others. The hospitals and pathology laboratories segment held the largest share of the market in 2019; whereas, the same segment is estimated to register the highest CAGR of 3.9% in the market during the forecast period.
Major Sources and Companies Listed
Some of the major primary and secondary sources for South and Central America blood collection devices market included in the report are, The World Health Organization (WHO), Brazilian national transport confederation CNT, The Joint United Nations Programme on HIV and AIDS among others.
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South and Central America Blood Collection Devices Market –
Blood Collection Devices Market – By Product
- Blood Collection Tubes
- Micro-Collection Tubes
- Evacuated Blood Collection Tubes
- Blood Collection Needles/Holders
- Blood Collection Set
- Others
Blood Collection Devices Market – By Method
- Manual Blood Collection
- Automatic Blood Collection
Blood Collection Devices Market – By End User
- Hospitals and Pathology Laboratories
- Blood Banks
- Others
By Country
- Brazil
- Argentina
Company Profiles
- BD
- Terumo Corporation
- Cardinal Health, Inc.
- SARSTEDT AG and Co. KG.
- Thermo Fisher Scientific, Inc.
- Grenier, Inc.
- SEKISUI CHEMICAL CO. LTD
- Narang Medical Limited
- FL MEDICAL s.r.l.