Arterial Blood Collection Devices Market Predicted to Emerge at 9.1% to Unlock Growth Opportunities by 2023

“Market Research Future” has published new report on “Arterial Blood Collection Market” which provide a detailed analysis of the industry structure along with estimated future growth forecast for the next five years about various segments and sub-segments of the global market.

Global Arterial Blood Collection Devices Market - Key Findings

Blood collection tubes segment in drug class held the largest market share in 2016, which was valued at USD 359.4 million in 2016.
Arterial blood gas sampling segment in application held the largest market share in 2016, which was valued at 25.6 million in 2016.
Asia Pacific region is expected to be the fastest growing market at the CAGR of 10.7% during the forecasted period.

Get Sample Report @ https://www.marketresearchfuture.com/sample_request/4160

Global Arterial Blood Collection Devices Market - Regional Analysis

Global Arterial Blood Collection Devices Market is segmented based on geographies or regions which mainly includes Americas, Europe, Asia Pacific, and Middle East & Africa.

Americas is the largest market for arterial blood collection devices. It comprises of two regions namely North America and South America. Important factors driving the growth of this market are demand of safe & reliable blood collection devices, concentration of major market players manufacturing blood collection devices, and extensive need of diagnostic services. Risk of blood transfusion transmissible infection may act as an obstacle for the growth of this market.

In 2016, North America accounted for the largest market share owing to an increase in demand of diagnostic procedures, awareness regarding use of sterile devices for blood collection, and technological advancement in the field of clinical diagnostics. Furthermore, increasing number of surgical procedures and high prevalence of lifestyle disease are also contributing to the growth of this market.

According to the America's Blood Centers, one in every seven people entering the hospital needs blood. It also stated that in the U.S, more than 15 million pints of blood is transfused every year and more the 40 thousand pints of blood is transfused daily in the U.S and Canada.

Rapid population growth and need of diagnostic devices & blood collection devices are important drivers of this market in South America.

Europe holds the second largest share of the Global Arterial Blood Collection Devices Market. Asia Pacific is the fastest growing arterial blood collection devices market across the globe. Demand of arterial blood collection devices mainly syringes, and needles is increasing with an increase in incidence of lifestyle diseases such as diabetes and chronic heart diseases, aging population, as well as growing number of surgical procedures performed in hospitals. Increase in number of blood donations centers has been found in Asia Pacific due to rising awareness regarding the need of blood & blood products for live saving treatment & emergency care.

However, the Middle East & Africa holds the least share of the global market due to limited availability of medical facilities.

Global Arterial Blood Collection Devices Market - Key Players

Some of the key players in this market are Becton, Dickinson and Company (U.S), Bio-Rad Laboratories, Inc. (U.S), NIPRO Medical Corporation (Japan), Qiagen (Netherlands), F. Hoffmann-La Roche Ltd (Switzerland), Terumo Medical Corporation (U.S), Thermo Fisher Scientific, Inc. (U.S) and others.

Global Arterial Blood Collection Devices Market - Highlights

Arterial blood is oxygenated blood from arteries and pulmonary vein which appears bright red in color. Arterial blood is collected either from femoral artery of thigh or radial artery of the wrist. Blood collected from arterial blood collection devices is used for arterial gas sampling. Arterial gas sampling or arterial-blood gas (ABG) test carries out the measurement of amount of blood oxygen or the gaseous exchange in the blood. Arterial blood collection devices include syringes, blood collection tubes, lancet, needles, vacuum blood collection system, microfluidic system and others. Arterial blood sampling is used for detection of chronic conditions like kidney failure, diabetes, heart disease, asthma, chronic pulmonary disease, hemorrhage, cystic fibrosis, and others.

The Global Arterial Blood Collection Devices Market is expected to grow at a CAGR of 9.1% during forecast period 2017-2023.

Global Arterial Blood Collection Devices Market – Segments

Based on type, the Arterial 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. Blood collection tube is further sub-segmented into plasma separation tube, heparin tube, serum separating tube, EDTA tube, and others. Lancet is further sub-segmented into push button safety lancet, pressure activated safety lancet, and other lancets.

Based on application, the arterial blood collection market is segmented 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 arterial blood collection devices market is segmented into hospitals & clinics, laboratories, blood banks, and others.

To Know More Enquire @ https://www.marketresearchfuture.com/enquiry/4160

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact Info:
Name: Market Research Future
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar Pune – 411028 Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/arterial-blood-collection-devices-market-4160

Release ID: 394305