Australia Blood Collection Market Size & Outlook, 2022-2030
Australia blood collection market, 2018-2030 (US$M)
Related Markets
Australia blood collection market highlights
- The Australia blood collection market generated a revenue of USD 168.3 million in 2022 and is expected to reach USD 320.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.4% from 2023 to 2030.
- In terms of segment, venous was the largest revenue generating collection site in 2022.
- Capillary is the most lucrative collection site segment registering the fastest growth during the forecast period.
Blood collection market data book summary
| Market revenue in 2022 | USD 168.3 million |
| Market revenue in 2030 | USD 320.5 million |
| Growth rate | 8.4% (CAGR from 2022 to 2030) |
| Largest segment | Venous |
| Fastest growing segment | Capillary |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Venous, Capillary |
| Key market players worldwide | Abbott Laboratories, Nipro Corp, BD, Terumo Corp, Medtronic PLC, Qiagen NV, Haemonetics Corp, FL Medical, Greiner Bio-One |
Other key industry trends
- In terms of revenue, Australia accounted for 1.6% of the global blood collection market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China blood collection market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,536.0 million by 2030.
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Blood Collection Market Scope
Blood Collection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia blood collection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blood collection market will help companies and investors design strategic landscapes.
Venous was the largest segment with a revenue share of 84.08% in 2022. Horizon Databook has segmented the Australia blood collection market based on venous, capillary covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in strategic initiatives undertaken by various pharmaceutical and biotechnology companies is expected to impact market growth significantly. For instance, in October 2019, Abbott signed a multiple year agreement with the Australian Red Cross Blood Service for use of Abbott’s Alinity System.
The Australian Red Cross Blood Service collects over 1.5 donations every year, providing safe blood supply to individuals in the country. By the adoption of this system, the Australian Red Cross Blood Service could further enhance its workflow practices and productivity.
Thus, as the screening of blood samples increases, so will the collection of blood, which is expected to influence market growth in the near future. In May 2020, the Australian subsidiary of CSL Behring announced development of plasma-derived therapeutic for the efficient treatment of COVID-19 patients.
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Our clientele includes a mix of blood collection market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia blood collection market, including forecasts for subscribers. This country databook contains high-level insights into Australia blood collection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia blood collection market size, by collection site, 2018-2030 (US$M)
Australia Blood Collection Market Share, 2022 & 2030 (US$M)
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