Saudi Arabia Blood Collection Market Size & Outlook
Saudi Arabia blood collection market, 2018-2030 (US$M)
Related Markets
Saudi Arabia blood collection market highlights
- The Saudi Arabia blood collection market generated a revenue of USD 61.5 million in 2022 and is expected to reach USD 130.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.9% 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 61.5 million |
| Market revenue in 2030 | USD 130.7 million |
| Growth rate | 9.9% (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, Saudi Arabia accounted for 0.6% 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 Middle East & Africa, South Africa blood collection market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 276.1 million by 2030.
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Blood Collection Market Scope
Blood Collection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 81.79% in 2022. Horizon Databook has segmented the Saudi Arabia blood collection market based on venous, capillary covering the revenue growth of each sub-segment from 2018 to 2030.
Initiatives undertaken by various pharmaceutical and biotechnology companies to develop plasma collection centers in the country are anticipated to fuel market growth in the near future. In February 2020, Grifols partnered with Saudi Arabia’s Public Investment Fund to boost the supply of plasma medicines in the country.
The joint venture aims to develop plasma collection centers, purification & fractionation facilities, and production facilities. In November 2019, the Ministry of Health launched a blood donation campaign and provided a mobile blood donation unit at the Riyadh Front. The campaign focused on highlighting the importance and benefits of donating blood.
The Ministry of Health participated in the Riyadh Season in collaboration with the General Entertainment Authority. Thus, increase in number of initiatives undertaken by the government to increase blood donation in the country is expected to propel the market.
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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 Saudi Arabia blood collection market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia blood collection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia blood collection market size, by collection site, 2018-2030 (US$M)
Saudi Arabia Blood Collection Market Share, 2022 & 2030 (US$M)
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