Market Introduction
Blood collection devices help in safe withdrawal of blood. 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.
Market Overview and Dynamics
The Germany blood collection devices market is expected to reach US$ 846.90 million by 2027 from US$ 528.51 million in 2019. The market is anticipated to grow with a CAGR of 6.2% from 2020 to 2027. Factors driving the market growth include growing number of accidents & trauma cases and rising incidence of infectious disease, growing research and development in liquid biopsy technology. However, the shortage of qualified personnel and risk associated with blood transfusion restrains the growth of the market. COVID19 has impacted Germany blood collection market heavily. It has disrupted the blood donation process in the country. People are avoiding visiting blood donation center due to fear of corona virus. This has led into the shortage of the blood reserve the country.
Key Market Segments
In terms of product type, the blood collection needles/holders segment held the largest share of the market in 2019; however, the blood collection tube segment is anticipated to register the highest CAGR in the market during the forecast period. In terms of method, the manual blood collection segment held a larger share of the market in 2019 and the segment is estimated to register a higher market share in the market during the forecast period. Likewise, in terms of end user, the hospitals and pathology laboratories segment held a larger share of the market in 2019 and is estimated to register a higher CAGR in the market during the forecast period.
Major Sources and Companies Listed
The World Health Organization (WHO), European Blood Alliance (EBA), German Medical Association are some of the major primary and secondary sources for the Germany blood collection devices market included in the report.
Reasons to buy the report
Germany Blood Collection devices Market Segmentation
Blood Collection Devices Market – By Product
Blood Collection Devices Market – By Method
Blood Collection Devices Market – By End User
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 528.51 Million |
| Market Size by 2027 | US$ 846.90 Million |
| CAGR (2020 - 2027) | 6.2% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
Germany
|
| Market leaders and key company profiles |
|
The Germany Blood Collection Devices Market is valued at US$ 528.51 Million in 2019, it is projected to reach US$ 846.90 Million by 2027.
As per our report Germany Blood Collection Devices Market, the market size is valued at US$ 528.51 Million in 2019, projecting it to reach US$ 846.90 Million by 2027. This translates to a CAGR of approximately 6.2% during the forecast period.
The Germany Blood Collection Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Germany Blood Collection Devices Market report:
The Germany Blood Collection Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Germany Blood Collection Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Germany Blood Collection Devices Market value chain can benefit from the information contained in a comprehensive market report.
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