Blood Collection Devices Market
The market for Blood Collection Devices was estimated at $8.4 billion in 2024; it is anticipated to increase to $13.0 billion by 2030, with projections indicating growth to around $18.8 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Blood Collection Devices Market Outlook
Revenue, 2024
$8.4B
Forecast, 2034
$17.5B
CAGR, 2025 - 2034
7.6%
The Blood Collection Devices industry revenue is expected to be around $9.0 billion in 2025 and expected to showcase growth with 7.6% CAGR between 2025 and 2034. The blood collection devices market continues to expand because of multiple influential elements. The market expansion results from three main factors which include rising infectious disease cases and increasing accident and trauma incidents and rising blood component and donation requirements. The medical field continues to use these devices because of new technological developments and rising health awareness and wellness understanding.
The diagnostic process and treatment plans depend on blood collection devices which include needles and syringes and lancets and vacuum blood collection systems. Medical professionals use these devices to obtain blood samples which need testing for glucose levels and cholesterol and infectious diseases and blood disorders. The market has experienced growing interest in automated devices and safety enhanced medical equipment.
Market Key Insights
- The Blood Collection Devices market is projected to grow from $8.4 billion in 2024 to $17.5 billion in 2034. This represents a CAGR of 7.6%, reflecting rising demand across Hospitals, Nursing Homes and Ambulatory Surgical Centers.
- BD, Terumo BCT Inc., Fresenius Kabi AG are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Blood Collection Devices market and are expected to observe the growth CAGR of 4.9% to 7.3% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.7% to 10.5%.
- Transition like Technological Advancements is expected to add $1 billion to the Blood Collection Devices market growth by 2030.
- The Blood Collection Devices market is set to add $9.1 billion between 2024 and 2034, with manufacturer targeting ASCs & Nursing Homes End-user projected to gain a larger market share.
- With Rising prevalence of blood disorders, and Increasing demand for diagnostic services, Blood Collection Devices market to expand 108% between 2024 and 2034.
Opportunities in the Blood Collection Devices
The blood collection device market shows promising growth potential in emerging markets across India and China. The rising healthcare spending combined with rising preventive healthcare knowledge in these areas will also create market demand for blood collection devices.
Growth Opportunities in North America and Asia Pacific
The blood collection device market in North America benefits from its well developed healthcare system and elevated healthcare spending levels. The market competition in North America remains intense because BD and Terumo BCT Inc. maintain their dominant positions in the region. The rising number of medical conditions that need blood tests and rising surgical procedures create substantial market demand for blood collection devices in this region. The market will experience its most significant expansion through automated blood collection technology development and process automation integration.
The Asia Pacific blood collection devices market experiences fast expansion because China and India along with other emerging nations drive its growth. The market competition becomes more intense because Fresenius Kabi AG and Nipro Corporation operate alongside local manufacturers. The region experiences market growth because of its expanding population and rising blood donation awareness and increasing disease prevalence. The region presents opportunities for market growth because healthcare infrastructure investments continue to rise and people need better and more efficient blood collection systems.
Market Dynamics and Supply Chain
01
Driver: Rising Prevalence of Infectious Diseases and Advancements in Blood Collection Technologies
The worldwide market for blood collection devices shows increasing growth because infectious diseases continue to spread across the globe. The increasing number of infectious diseases worldwide has also created a need for better diagnostic methods which also drives up demand for sophisticated blood collection devices. The market expansion of blood collection devices has also accelerated because of technological improvements which include vacuum blood collection devices and automated blood collection systems that enhance both speed and precision of blood collection operations.
The blood collection devices market also experiences growing demand because medical procedures require safe and sterile environments. Healthcare providers select high quality sterile blood collection devices because they understand the dangers of medical procedure cross contamination. The market for these devices will also experience ongoing expansion because of this developing trend.
02
Restraint: Stringent Regulatory Guidelines
The blood collection device market experiences major challenges because of strict regulatory standards. The approval process for market release demands extensive testing and validation procedures which extends product development timelines and increases manufacturing expenses for device makers. The market demand and product dynamics will experience changes because new and advanced devices become harder to access.
03
Opportunity: Growth in Home Healthcare Services and Rising Demand for Blood Collection Devices in Diagnostic Centers
Home healthcare services continue to gain popularity throughout developed nations. The increasing need for blood collection devices has led to a rising demand for simple to operate home healthcare equipment. The market for lancets and blood collection needles will experience substantial expansion because these devices offer users both ease of use and practicality.
The rising number of blood tests for disease diagnosis creates a growing need for blood collection devices in diagnostic centers. The development of vacuum blood collection tubes through technological progress has improved both speed and comfort of blood collection which explains their rising usage.
04
Challenge: High Costs of Advanced Devices
The blood collection devices market features high cost advanced devices as its primary market segment. The expensive nature of advanced blood collection devices restricts their adoption by healthcare facilities because they exceed budget limits of developing countries. The high prices of these devices restrict market expansion because they create barriers for potential customers to access these products.
Supply Chain Landscape
1
Components & Sub-Assembly
Nipro CorporationSarstedt
2
Device Manufacturing
BDTerumo BCT Inc
3
Distribution & Logistics
McKessonCardinal Health
4
End User
HospitalsDiagnostic CentersBlood Banks
1
Components & Sub-Assembly
Nipro CorporationSarstedt
2
Device Manufacturing
BDTerumo BCT Inc
3
Distribution & Logistics
McKessonCardinal Health
4
End User
HospitalsDiagnostic CentersBlood Banks
Use Cases of Blood Collection Devices in Hospitals & Nursing Homes
Hospitals : The main customers of blood collection devices operate at hospitals because they need vacuum blood collection devices for their efficient and convenient operation. The devices serve three main purposes in medical settings because they perform routine blood tests and preoperative tests and patient health monitoring. The major company BD offers an extensive selection of these devices because they maintain exceptional quality standards and deliver dependable results.
Ambulatory Surgical Centers : The fast and non invasive nature of capillary blood collection devices makes them suitable for ASCs to perform their procedures. The devices serve patients who have trouble getting venous access including elderly patients and children. Terumo BCT Inc. stands as a top manufacturer of capillary blood collection devices because they create products that combine advanced design with user friendly functionality.
Nursing Homes : The nursing home environment requires blood collection devices like lancets because patient comfort stands as their main priority. The devices enable healthcare providers to perform blood draws with minimal pain which suits the needs of elderly patients. Fresenius Kabi AG operates as a leading company which provides differents of easy to use lancets for medical use.
Recent Developments
The blood collection device market has experienced substantial expansion because of technological progress and rising diagnostic service requirements. The market has experienced a transformation through new devices including vacuum blood collection tubes and lancets and blood collection needles which enhance blood sampling procedures through better efficiency and precision. The market experiences growing demand for early disease detection because infectious diseases continue to spread at higher rates.
April 2025 : BD introduced blood collection devices with new technology which provides better accuracy and improved patient comfort.
January 2025 : Terumo BCT Inc. expanded its worldwide operations through establishing a new European manufacturing facility which increased its blood collection devices production capacity.
November 2024 : Fresenius Kabi AG formed a joint venture with a major medical devices company to develop new blood collection devices.
August 2024 : Grifols S.A. launched a new blood collection device which minimizes the chances of contamination.
June 2024 : Nipro Corporation bought a startup which focused on blood collection technology development to enhance its market presence.
Impact of Industry Transitions on the Blood Collection Devices Market
As a core segment of the Medical Device industry,
the Blood Collection Devices market develops in line with broader industry shifts.
Over recent years, transitions such as Technological Advancements and Shift Towards Home Based Care have redefined priorities
across the Medical Device sector,
influencing how the Blood Collection Devices market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Technological Advancements
The blood collection devices industry has experienced major technological developments during the previous few years. The healthcare industry has experienced a revolution in blood sample collection and processing through the development of automated blood collection systems and vacuum blood collection devices. The new technologies have brought two major benefits to blood collection operations by making the process faster and more precise while creating safer conditions that protect patients from infections and contamination. The healthcare industry has experienced major changes because of these developments which have enhanced diagnostic precision and patient results.
02
Shift Towards Home Based Care
The industry now focuses on home based care because patients need self monitoring blood collection devices more than ever before. Patients can track their health status through these devices which enable them to stay at home instead of needing repeated hospital visits. The home healthcare industry has undergone a major change because of this transition which led to the creation of advanced blood collection devices that are easy to use.