Arterial blood collection aids in determining the sufficiency of several factors like oxygenation status, blood oxygen-carrying capacity, and ventilatory acid-base. Arterial blood collection aids in the assessment of the severity and course of a known condition. On a global scale, the growth in the incidence of chronic diseases such as asthma, kidney disease, diabetes, and others has created a huge demand for diagnostic testing, propelling the market for arterial blood collection devices.
The availability of a wide selection of improved blood collection products is also expected to boost the global arterial blood collection devices market's growth. The increased frequency of surgical procedures and technological developments in arterial blood collection devices are further driving factors.
On the other hand, the risk of transfusion-transmissible infection, problems associated with arterial blood sampling, and a growing preference for robotic surgery may hamper the global arterial blood collection devices market's growth.Other dangers include the chance of syringe-related needlestick injuries.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, Application, End User, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Terumo Medical Corporation, Qiagen, Bio-Rad Laboratories, Inc., Becton, Dickinson, and Company, Thermo Fisher Scientific, Inc., NIPRO Medical Corporation, F. Hoffmann-La Roche Ltd. |
Covid-19 Impact on Arterial Blood Collection Devices Market
In addition, the current Arterial Blood Collection Devices Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Arterial Blood Collection Devices Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Arterial Blood Collection Devices Market Segment Overview
According to Type, the Blood Collection Tubes segment held the largest share of the global Arterial Blood Collection Devices market. The use of blood collection tubes that contain anticoagulants (EDTA, citrate, and oxalate), can reduce both the total and ionized calcium concentration. Moreover, by Application, Arterial Blood Gas Sampling segment accounted for the maximum share in the global market.
Arterial Blood Collection Devices Market, By Type
· Blood Collection Tubes
· Lancet
· Needles
· Vacuum Blood Collection System
· Microfluidic System
· Other
Arterial Blood Collection Devices Market, By Application
· Arterial Blood Gas Sampling
· Intraoperative Blood Salvage
Arterial Blood Collection Devices Market, By End User
· Hospitals & Clinics
· Laboratories
· Blood Banks
· Others
Arterial Blood Collection Devices Regional Overview
The global Arterial Blood Collection Devices market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America dominated the global arterial blood collection devices market, accounting for the biggest proportion of the market. The market in the Americas is growing due to an increase in the frequency of chronic diseases, the presence of important companies in the region, and a large demand for diagnostic services. The market's growth can also be attributed to a growing focus on safe blood transfusion processes, as well as increasing healthcare expenditure.
Europe is close behind the Americas and holds the second-highest share of the global market. The market in Europe is driven by the availability of advanced treatment facilities, competent healthcare personnel, and rapid adoption of innovative therapies. The market's growth is further aided by strong government assistance in the form of money for R&D operations.
Over the forecast period, APAC is expected to have the highest CAGR percent. The APAC arterial blood collection equipment market is expected to rise because of rising awareness about the use of sterile blood collection devices and an increase in the number of operations in the region. China and India have a lot of room for expansion.
Arterial Blood Collection Devices Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Arterial Blood Collection Devices Market, Key Players
· Terumo Medical Corporation
· Qiagen
· Bio-Rad Laboratories, Inc.
· Becton
· Dickinson, and Company
· Thermo Fisher Scientific, Inc.
· NIPRO Medical Corporation
· F. Hoffmann-La Roche Ltd
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Arterial Blood Collection Devices market?
Q2. What are the restraining factors for the global Arterial Blood Collection Devices market?
Q3. Which segment is projected to hold the largest share in the global Arterial Blood Collection Devices market?
Q4. Which region holds the largest share in the global Arterial Blood Collection Devices market?
Q5. Which are the prominent players in the global Arterial Blood Collection Devices market?
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Arterial Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Blood Collection Tubes
- 5.2.2. Lancet
- 5.2.3. Needles
- 5.2.4. Vacuum Blood Collection System
- 5.2.5. Microfluidic System
- 5.2.6. Other
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Arterial Blood Gas Sampling
- 5.3.2. Intraoperative Blood Salvage
- 5.4. Market Analysis, Insights and Forecast – By End User
- 5.4.1. Hospitals & Clinics
- 5.4.2. Laboratories
- 5.4.3. Blood Banks
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Arterial Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Blood Collection Tubes
- 6.2.2. Lancet
- 6.2.3. Needles
- 6.2.4. Vacuum Blood Collection System
- 6.2.5. Microfluidic System
- 6.2.6. Other
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Arterial Blood Gas Sampling
- 6.3.2. Intraoperative Blood Salvage
- 6.4. Market Analysis, Insights and Forecast – By End User
- 6.4.1. Hospitals & Clinics
- 6.4.2. Laboratories
- 6.4.3. Blood Banks
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Arterial Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Blood Collection Tubes
- 7.2.2. Lancet
- 7.2.3. Needles
- 7.2.4. Vacuum Blood Collection System
- 7.2.5. Microfluidic System
- 7.2.6. Other
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Arterial Blood Gas Sampling
- 7.3.2. Intraoperative Blood Salvage
- 7.4. Market Analysis, Insights and Forecast – By End User
- 7.4.1. Hospitals & Clinics
- 7.4.2. Laboratories
- 7.4.3. Blood Banks
- 7.4.4. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Arterial Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Blood Collection Tubes
- 8.2.2. Lancet
- 8.2.3. Needles
- 8.2.4. Vacuum Blood Collection System
- 8.2.5. Microfluidic System
- 8.2.6. Other
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Arterial Blood Gas Sampling
- 8.3.2. Intraoperative Blood Salvage
- 8.4. Market Analysis, Insights and Forecast – By End User
- 8.4.1. Hospitals & Clinics
- 8.4.2. Laboratories
- 8.4.3. Blood Banks
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Arterial Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Blood Collection Tubes
- 9.2.2. Lancet
- 9.2.3. Needles
- 9.2.4. Vacuum Blood Collection System
- 9.2.5. Microfluidic System
- 9.2.6. Other
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Arterial Blood Gas Sampling
- 9.3.2. Intraoperative Blood Salvage
- 9.4. Market Analysis, Insights and Forecast – By End User
- 9.4.1. Hospitals & Clinics
- 9.4.2. Laboratories
- 9.4.3. Blood Banks
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Terumo Medical Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Qiagen
- 10.6. Bio-Rad Laboratories, Inc.
- 10.7. Becton
- 10.8. Dickinson, and Company
- 10.9. Thermo Fisher Scientific, Inc.
- 10.10. NIPRO Medical Corporation
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
