The blood collection market is extended to develop at a CAGR of 5.51% to arrive at US$12.719 billion by 2024, from US$9.221 billion in every 2018. The rising prevalence of chronic diseases, demand for liquid biopsy, a growing number of surgeries, and a growing number of emergency and accidental cases are driving the growth of the global blood collection market in the forecast period.
The Blood collection market has been segmented based on type, end-user, and geography. By product, the market has been segmented into blood collection tubes, needles and syringes, blood bags, lancets. By the method, the market is segmented into automated and manual.