Arterial Blood Collection Devices Market Key Factor Analysis by Global Trend and Major Players | Supply Demand Analysis and Forecast to 2023

Arterial Blood Collection Devices Market
Arterial Blood Collection Devices Market information, by type (blood collection tubes, lancet, needles, vacuum blood collection system, microfluidic system, others), by application (arterial blood gas sampling, intraoperative blood salvage), and by end users (hospitals & clinics, blood banks, laboratories, others) – Global forecast till 2023

The Global Arterial Blood Collection Devices Market is expected to grow at a CAGR of 9.1% during forecast period 2017-2023.

Competitive Analysis:

Becton, Dickinson and Company (U.S), Bio-Rad Laboratories, Inc. (U.S), NIPRO Medical Corporation (Japan), Qiagen (Netherlands), F. Hoffmann-La Roche Ltd (Switzerland), Terumo Medical Corporation (U.S), Thermo Fisher Scientific, Inc. (U.S) are some of the prominent players at the forefront of competition in the Global Arterial Blood Collection Devices Market and are profiled in MRFR Analysis.

Segments:

On the basis of type, the market is segmented into blood collection tubes, lancet, needles, vacuum blood collection system, microfluidic system, and other devices. Other devices includes arterial cannula, and blood bags. Blood collection tube is further sub-segmented into plasma separation tube, heparin tube, serum separating tube, EDTA tube, and others. Lancet is further sub-segmented into push button safety lancet, pressure activated safety lancet, and other lancets.

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On the basis of application, the arterial blood collection market is segmented into arterial blood gas sampling and intraoperative blood salvage. Arterial blood gas sampling is further sub-segmented into diagnosis of disease and acid base status monitoring.

On the basis of end user, the Arterial Blood Collection Devices market is segmented into hospitals & clinics, laboratories, blood banks, and others.

The report on the Global Arterial Blood Collection Devices Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight to the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Market Overview:

Arterial Blood Collection Devices are used to collect blood samples from the artery that is used of arterial gas sampling. The maximum not unusual website online for arterial puncture is the radial artery on the wrist. Other websites for arterial puncture include brachial artery, femoral artery, and dorsalis pedis artery. Femoral and radial artery puncture is usually achieved to reap arterial blood sampling for fuel evaluation.

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In arterial blood sampling, devices for arterial blood collection assist to degree the gasoline alternate, and oxygenation in the blood. Growing occurrence of persistent illnesses such as diabetes, bronchial asthma, kidney diseases, and many others. And availability of a wide range of products for blood series garage have pushed the growth of the worldwide arterial blood series gadgets marketplace. Furthermore, rising call for of secure blood collection devices, and increasing focus approximately transfusion transmissible infection prefer the increase of the market.

Regional Analysis:

Considering the global scenario of the market, the Americas accounted for a significant market share in 2016, as a result of increasing prevalence of chronic diseases, growing emphasis on safe blood transfusion procedure, concentration of major market players manufacturing blood collection devices, and extensive demand for diagnostic services.

Europe is the second largest market and holds a noticeable share in the global arterial blood collection devices market. The European market is expected to grow significantly during the forecast period owing to availability of advanced treatment facilities, skilled medical professionals, and adoption of new therapies. Availability of funds from the government for research and development also contributes to the growth of the market. According to the European parliament, various initiative have been undertaken for collection, storage, and processing of blood.

Huge demand for diagnostic services in Asia Pacific region is the key factor for the market growth. Rising awareness about the use of sterile blood collection devices and rising number of surgical procedures drive the market in Asia Pacific region. In Asia Pacific, the market shows growth opportunities in China and India. China is expected to be the fastest growing market with the CAGR of 11.6% during the forecasted period.

The Middle East & Africa is expected to show steady growth in this market due to increasing prevalence of transfusion transmissible infections and demand for medical devices for diagnostics. Government has undertaken awareness programs for safe blood transfusion procedures which is further improving the health conditions in under developed regions of Africa.

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