Market revenue in 2022 | USD 469.0 million |
Market revenue in 2030 | USD 1,056.3 million |
Growth rate | 10.7% (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 |
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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 84.24% in 2022. Horizon Databook has segmented the India blood collection market based on venous, capillary covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of blood collection market in India is primarily driven by introduction of innovative products, technological advancements, increase in blood transfusion procedures among chronically ill & geriatric populations, and strong promotional campaigns undertaken by private & public organizations to enhance blood donations.
In addition, rise in prevalence of noncommunicable diseases such as cancer and complex surgical procedures such as orthopedic & open-heart surgeries is expected to impact market growth significantly during the forecast period.
Increased focus by medical device manufacturers in the development of improved & automated solutions to process, store, and collect blood & its components is anticipated to boost the adoption of blood collection products during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the India blood collection market, including forecasts for subscribers. This country databook contains high-level insights into India blood collection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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