Canada Blood Collection Market Size & Outlook, 2022-2030
Canada blood collection market, 2018-2030 (US$M)
Related Markets
Canada blood collection market highlights
- The Canada blood collection market generated a revenue of USD 588.6 million in 2022 and is expected to reach USD 1,164.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.9% 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 588.6 million |
| Market revenue in 2030 | USD 1,164.3 million |
| Growth rate | 8.9% (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, Canada accounted for 5.5% 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 North America, U.S. blood collection market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,164.3 million by 2030.
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Blood Collection Market Scope
Blood Collection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 82.57% in 2022. Horizon Databook has segmented the Canada blood collection market based on venous, capillary covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is anticipated to witness lucrative growth in the near future owing to rise in the number of surgical procedures has been reported globally, which can be attributed to the increase in incidence of severe chronic diseases and accident cases.
Therefore, rise in the number of surgeries conducted in the country is expected to propel the market growth during the forecast period. As per the Community Blood Bank over 4.5 million patients require blood transfusions every year in Canada and the U.S. About 43, 000 pints of blood is donated each day in the aforementioned countries.
Thus, rise in the amount of blood transfusions done in the country every year are anticipated to enhance the adoption of blood collection products in the near future. Growth in the number of initiatives undertaken by the government to increase plasma donation is one of the factors expected to propel market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada blood collection market, including forecasts for subscribers. This country databook contains high-level insights into Canada blood collection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada blood collection market size, by collection site, 2018-2030 (US$M)
Canada Blood Collection Market Share, 2022 & 2030 (US$M)
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