Brazil Blood Collection Market Size & Outlook, 2022-2030
Brazil blood collection market, 2018-2030 (US$M)
Related Markets
Brazil blood collection market highlights
- The Brazil blood collection market generated a revenue of USD 218.9 million in 2022 and is expected to reach USD 420.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.5% 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 218.9 million |
| Market revenue in 2030 | USD 420.9 million |
| Growth rate | 8.5% (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, Brazil accounted for 2.1% 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 Latin America, Brazil blood collection market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 310.3 million by 2030.
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Blood Collection Market Scope
Blood Collection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 83.14% in 2022. Horizon Databook has segmented the Brazil blood collection market based on venous, capillary covering the revenue growth of each sub-segment from 2018 to 2030.
An increase in initiatives undertaken by various players in the country is expected to propel market growth during the forecast period. For instance, in November 2019, Grifols initiated production at its blood collection systems plant in Brazil.
The plant has an annual capacity of 10 million blood collection bags and can help expand the company’s presence in Latin America. Such initiatives undertaken by leading players are anticipated to enhance the adoption of blood collection products in the near future. NCDs have eventually become a major health priority in Brazil.
They accounted for over 74% of all deaths in 2016. As per WHO, approximately 975,400 deaths due to NCDs were recorded in Brazil in 2016, of which, 458,500 were females and 516,800 were males. Recently, there has been a decline in cardiovascular & chronic respiratory diseases, owing to successful implementation of various health policies that have led to expansion of access to primary healthcare and a decrease in number of smokers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil blood collection market, including forecasts for subscribers. This country databook contains high-level insights into Brazil blood collection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil blood collection market size, by collection site, 2018-2030 (US$M)
Brazil Blood Collection Market Share, 2022 & 2030 (US$M)
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