China Blood Collection Market Size & Outlook, 2022-2030
China blood collection market, 2018-2030 (US$M)
Related Markets
China blood collection market highlights
- The China blood collection market generated a revenue of USD 656.3 million in 2022 and is expected to reach USD 1,536.0 million by 2030.
- The China market is expected to grow at a CAGR of 11.2% 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 656.3 million |
| Market revenue in 2030 | USD 1,536.0 million |
| Growth rate | 11.2% (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, China accounted for 6.2% 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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China 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 83.93% in 2022. Horizon Databook has segmented the China blood collection market based on venous, capillary covering the revenue growth of each sub-segment from 2018 to 2030.
China is expected to witness significant growth during the forecast period, owing to steady economic improvement, greater health awareness, rise in per-capita disposable income, improving healthcare expenditure, and growing prevalence of noncommunicable diseases.
Local presence of leading market players, such as Guangzhou Improve Medical Instruments, Zhejiang Gong dong Medical Technology, Sanli Group, Jiangsu KANGJIAN Medical Apparatus, Chengdu Rich Science Industry, Lingen Precision Medical Products, and Weigao Group, is expected to boost market growth.
In addition, as the country is developing at a rapid pace, various foreign companies such as Greiner, Sekisui Medical, and BD are investing in the country’s blood collection market. Governing authorities, including the State Council, have introduced policies to support the medical equipment industry of China.
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Our clientele includes a mix of blood collection market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China blood collection market, including forecasts for subscribers. This country databook contains high-level insights into China blood collection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China blood collection market size, by collection site, 2018-2030 (US$M)
China Blood Collection Market Share, 2022 & 2030 (US$M)
Related regional statistics
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