The Arterial Blood Collection Devices Market Size was valued at USD 9,333.88 Billion in 2023. The Global Arterial Blood Collection Devices industry is projected to grow from USD 9,738.13 Billion in 2024 to USD 14,602.90 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.20% during the forecast period (2024 - 2032).
An arterial blood sample is collected from the artery with the help of arterial blood collection devices. Arterial blood collection should be performed only by healthcare professionals after acquiring proper knowledge and training. Devices for arterial blood collection are needed to be sterile to avoid infection to the healthcare professionals and patients during blood collection. Arterial blood collection devices are mostly used for arterial blood gas sampling. According to Medline, arterial blood samples should be performed under anaerobic conditions, and the sample should be placed on ice and held at 0° C until analysis.
The blood collection devices market is showing positive growth, which can be attributed to an increase in the demand for safe blood collection devices, aging population suffering from chronic disease, and demand of diagnosis of chronic diseases.
Market Dynamics
Availability of blood before any surgical procedure is of prime importance to the surgical team. In case of substantial blood loss, a blood transfusion may be required. Hence, the demand for safe and efficient blood collection devices is increasing with an increase in the number of surgical procedures as a pre-operative measure.
Furthermore, to avoid delay of scheduled cases, blood samples are collected three days before the date of surgery. Nowadays, providing blood components to the pre-operative patient has become a necessity. Therefore, collecting blood samples with the help of sterile blood collection devices is important, which contributes to the growth of arterial blood collection devices market.
Segmentation
There is a large number of blood collection devices for venous and arterial blood collection. In the case of arterial blood collection, the blood sample is collected from the artery to determine arterial blood gases. Based on type, the blood collection devices market is segmented into blood collection tubes, lancet, needles, vacuum blood collection system, microfluidic system, and other devices. Other devices include arterial cannula and blood bags.
Arterial blood collection devices have several applications in the diagnosis and treatment of disease. With the help of a blood test, the healthcare provider can diagnose the progress of disease and determine the line of treatment. Arterial blood collection devices are used for arterial blood gas sampling & intraoperative blood salvage. Based on application, the arterial blood collection market is divided 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.
Based on end user, the blood collection devices market is segmented into hospitals & clinics, laboratories, blood banks, and others. Other end users include ambulatory surgery centers.
Key Players
The prominent players in the blood collection devices market are Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., NIPRO Medical Corporation, QIAGEN, F. Hoffmann-La Roche Ltd, Terumo Medical Corporation, and Thermo Fisher Scientific, Inc.
The players operating in the arterial blood collection market are focusing on product launches and expanding their global footprints by entering untapped markets.
Market Segmentation
Type Outlook
Application Outlook
End User Outlook
Region Outlook
Available Additional Customizations
Company Profiles of Key Regional Players
Intended Audience
| Report Attribute/Metric | Details |
| Â Â Market Size 2032 | Â Â USD 2.87 Billion |
| Â Â CAGR | Â Â 7.54% |
| Â Â Base Year | Â Â 2023 |
| Â Â Forecast Period | Â Â 2024-2032 |
| Â Â Historical Data | Â Â 2020 |
| Â Â Forecast Units | Â Â Value (USD Billion) |
| Â Â Report Coverage | Â Â Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Â Â Segments Covered | Â Â Type, Application, End User |
| Â Â Geographies Covered | Â Â North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Â Â Key Vendors | Â Â Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., NIPRO Medical Corporation, QIAGEN, F. Hoffmann-La Roche Ltd, Terumo Medical Corporation, and Thermo Fisher Scientific, Inc. |
| Â Â Key Market Opportunities | Â Â New product launches and R&D Amongst major key Players |
|   Key Market Drivers | · Increase in the demand for safe blood collection devices · Aging population suffering from chronic disease · Demand of diagnosis of chronic diseases |
Arterial Blood Collection Devices Market Highlights:
Frequently Asked Questions (FAQ) :
Arterial blood collection devices market projected to grow at approximately 7.54% CAGR during the assessment period (2024-2032)
The valuation of the global arterial blood collection devices market is estimated to increase to USD 2.87 Billion by the end of 2032.
Rising number of surgical procedures and the demand of blood for emergency care are major tailwinds pushing the growth of the global arterial blood collection devices market.
North America holds the largest share in the global arterial blood collection devices market, followed by Europe and the Asia Pacific, respectively.
Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., Becton, Dickson and Company, NIPRO Medical Corporation, F. Hoffmann-La Roche Ltd, QIAGEN, and Terumo Corporation, are some of the top players operating in the global arterial blood collection devices market.
Assistant Manager He holds an experience of about 7+ years in market research and business consulting, working under the spectrum of life sciences and healthcare domains. rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. his expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. in addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
