How much is the automated blood collection market worth, and how is it expected to expand?
The automated blood collection market size has grown rapidly in recent years. It will grow from $1.29 billion in 2024 to $1.52 billion in 2025 at a compound annual growth rate (CAGR) of 18.2%. The growth in the historic period can be attributed to government programs to encourage blood donation, increase in number of product approvals, rise in number of specimens.
The automated blood collection market size is expected to see rapid growth in the next few years. It will grow to $2.94 billion in 2029 at a compound annual growth rate (CAGR) of 17.9%. The growth in the forecast period can be attributed to rising infectious diseases, high demand for blood donations, rising demand for sophisticated blood collection, and growing preference for liquid biopsy testing. Major trends in the forecast period include technological innovations, automation of blood collection lowers risk, new product design, innovations in portable blood collection, and product innovation.
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Which industry factors have accelerated the automated blood collection market’s expansion?
A significant increase in blood donation is expected to propel the growth of the automated blood collection market going forward. Blood donation is on the rise due to several factors, including increased awareness about the critical need for blood in emergency medical situations, widespread blood donation drives organized by health organizations and community groups, and advancements in medical technology that improve the safety and efficiency of the donation process. Automated blood collection helps in blood donation by streamlining and enhancing the efficiency of the process. It reduces the need for manual intervention, minimizing human error and discomfort for donors. For instance, in 2024, the NHS Blood and Transplant (NHSBT), a UK-based special health authority serving England and Wales, reported 119,371 new blood donations for the 2023-2024 period, showing a modest increase from 119,016 donations in 2022-2023. Therefore, significant increase in blood donation is driving the automated blood collection market.
What are the primary segments of the automated blood collection market?
The automated blood collection market covered in this report is segmented –
1) By Type: Arterial Sampling, Venipuncture Sampling, Fingerstick Sampling
2) By Application: Diagnostics, Treatment, Therapeutics
3) By End-Use: Hospitals, Diagnostic Centers, Pathology Laboratories, Other End-Uses
Subsegments:
1) By Arterial Sampling: Automated Arterial Blood Gas Collection Systems, Closed-Loop Arterial Sampling Systems, Point-of-Care Arterial Sampling Devices, Continuous Arterial Sampling Systems
2) By Venipuncture Sampling: Automated Venipuncture Collection Devices, Robotic Venipuncture Systems, High-Precision Venipuncture Blood Collection Systems, Automated Venipuncture Systems for Plasma Or Serum
3) By Fingerstick Sampling: Automated Fingerstick Blood Collection Devices, Portable Fingerstick Collection Devices, Fingerstick Collection Systems for Point-of-Care Testing, Miniaturized Automated Fingerstick Collection Systems
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Which firms are leading the automated blood collection market?
Major companies operating in the automated blood collection market are Abbott Laboratories, RHI Group, Siemens Healthineers, Becton, Dickinson and Company, CSL Plasma, Quest Diagnostics Incorporated, B. Braun Melsungen AG, Fresenius KABI AG, Grifols S.A., Terumo Corporation, Nipro Medical Corporation, Greiner AG, Bio-Rad Laboratories Inc., ICU Medical Inc., QIAGEN N.V., Haemonetics Corporation, SARSTEDT AG & Co. KG, Owen Mumford Ltd., Retractable Technologies Inc., Neomedic Limited, CML Biotech, Macopharma, Chengdu Rich Science Industry Co. Ltd., Babson Diagnostics, Venibot
Which market trends are set to define the future of the automated blood collection market?
Major companies operating in the automated blood collection market are developing innovative products with advanced technologies, such as PentaPoint technology to enhance the precision and efficiency of blood collection. PentaPoint technology enables a more accurate and controlled collection process by using multiple entry points to minimize discomfort and improve sample quality. For instance, in April 2024, Becton, Dickinson, and Company, a US-based medical company, launched BD vacutainer ultratouch push-button blood collection set in India and the US, a new device aimed at minimizing patient pain and discomfort during blood collection. This innovative device incorporates BD RightGauge technology, which utilizes a thinner needle, and BD PentaPoint technology, significantly reducing insertion pain. Additionally, the device features BD Push Button Technology, which decreases the risk of needle injuries by 88%. The launch of this advanced blood collection set aims to improve the patient experience by enhancing comfort, enabling clinicians to better access veins, and reducing overall procedure times.
Which geographic trends are shaping the automated blood collection market, and which region has the highest market share?
North America was the largest region in the automated blood collection market in 2024. The regions covered in the automated blood collection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Automated Blood Collection Market Report 2025 Offer?
The automated blood collection market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Automated blood collection refers to the use of advanced technology and automated systems to efficiently and precisely collect blood samples from patients. These systems streamline the process by minimizing human intervention, enhancing accuracy, reducing errors, and improving patient comfort and safety. Automated blood collection is used in medical laboratories and healthcare settings to ensure consistent and reliable sample handling.
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