Blood Collection Market Worth 9.90 Billion USD by 2021

PUNE, India, July 26, 2016 /PRNewswire/ --

According to a new market research report "Blood Collection Market Product (Syringes, Needles, EDTA, Heparin, Serum, Tubes, Blood Lancets, Blood Bags, Vials), Application (Diagnostic, Treatment, Infectious Diseases, Non Infectious Diseases) & End User (Blood Banks, Hospitals) - Forecast to 2021" published by MarketsandMarkets, The market is expected to reach USD 9.90 Billion by 2021 from USD 7.65 Billion in 2016, at CAGR of 5.3% in the forecast period.

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Browse 103 market data Tables and 59 Figures spread through 156 Pages and in-depth TOC on "Blood Collection Market"

http://www.marketsandmarkets.com/Market-Reports/blood-collection-market-39733117.html

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The Blood Collection Market report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Blood Collection Market along with the estimates and forecasts of the revenue. Factors such as the rising incidences of infectious as well as non-infectious diseases, increasing number of surgical procedures, and growing number of trauma and accidental cases are propelling market growth. However, risks associated with blood transfusions in underdeveloped regions are expected to restrain the growth of the Blood Collection Market in the forecast period.

In this report, the Blood Collection Market is broadly segmented by product, end user, application, and region. On the basis products, the Blood Collection Market is divided into blood collection needles and syringes, blood collection tubes, blood lancets, blood bags, vials, and others (microscopic slides, slide stainers, and test tube racks). The blood collection needles and syringes segment is expected to account for the largest share of the Blood Collection Market in 2016. Blood collection needles and syringes are easily available, inexpensive, and do not require special training for use. These advantages are responsible for the large share of the blood collection needles and syringes segment.