The Blood Collection, Processing, Management Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Blood Collection, Processing, Management Devices Market?
The market size for blood collection, processing, and management devices has experienced substantial growth recently. It is projected to increase from $3.79 billion in 2024 to $4.09 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Blood Collection, Processing, Management Devices Industry?
The Blood Collection, Processing, Management Devices market is forecasted to reach $5.51 billion in 2029, growing at a CAGR of 7.7%.
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What are the Key Growth Drivers Fueling the Blood Collection, Processing, Management Devices Market?
The drivers in the blood collection, processing, management devices market are:
• Rise in chronic diseases
• Development of automated and safer blood collection and processing devices
• Implementation of stringent regulations and standards for blood collection
• Growing need for rapid diagnostic tests and demand for point-of-care testing.
Global Market Segmentation: Identifying Major Blood Collection, Processing, Management Devices Industry Segments
The blood collection, processing, management devices market covered in this report is segmented –
1) By Product: Devices, Consumables, Software, Servicing
2) By Application: Diagnostics, Therapeutics, Research, Other Applications
3) By End-user: Hospitals, Diagnostic Laboratories, Academic And Research Laboratories, Blood And Blood Component Banks, Ambulatory Surgical Center, Other End-Users
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What are the emerging Trends Shaping the Future of the Blood Collection, Processing, Management Devices Market?
The trends in the blood collection, processing, management devices market are:
• The future of the blood collection, processing, management devices market is being shaped by automation and robotics.
• Development of smaller, portable devices is another emerging trend.
• Advanced needle technologies are playing a significant role in evolving this market.
• Integration with digital health platforms and incorporation of wireless technology are also prominent trends.
Who Are the Top Competitors & Leading Players in the Blood Collection, Processing, Management Devices Market?
The major players in the blood collection, processing, management devices market are:
• McKesson Corporation
• Cardinal Health Inc.
Regional Dominance: Which Area Leads the Global Blood Collection, Processing, Management Devices Market Trends 2025: Detailed Report on Market Size & Projections Market?
North America was the largest region in the blood collection, processing, management devices market in 2023
