SAN FRANCISCO, March 6, 2017 /PRNewswire/ --
The global blood collection market is expected to reach a value of USD 13.3 billion by 2025, according to a new report by Grand View Research, Inc. The increasing incidence of infectious and non-communicable diseases is a major factor anticipated to propel the market growth during the forecast period. According to the Centers for Disease Control and Prevention (CDC), in 2013, around 19.3 million people visited the physician's clinic for infectious and parasitic diseases testing in the U.S. Moreover, according to International Diabetes Federation, 415 million people suffered from diabetes in 2014 and this number is expected to rise up to 642 million by 2040. Thus, the increasing incidence of accidents and trauma cases is another factor that drives the demand for blood collection products for therapeutic application.
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The increasing number of surgical procedures is an additional key factor contributing to the growth. The escalating number of accidental injury cases is expected to propel the demand for target market products for therapeutics application. According to the CDC, in the U.S, around 31.0 million patients visited emergency centers for unintentional injuries in 2014. Thus, the demand for blood collection products such as bags, needles, and syringes is growing at a high rate, which is expected to boost the growth during the forecast period.
Browse full research report with TOC on "Blood Collection Market Analysis By Product (Needles And Syringes, Blood Collection Tubes [EDTA, Heparin, Serum-Separating, Plasma-Separating], Blood Bags), By Application (Diagnostics, Treatment), By End-Use, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/blood-collection-market
Further key findings from the report suggest:
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Grand View Research has segmented the blood collection market on the basis of product, application, end-use, and region:
Read Our Blog: http://www.grandviewresearch.com/blog/blood-collection-market-size-share
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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