Blood Collection Monitor Market Share

Regionally, the global blood collection monitor market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in Asia Pacific industry is predicted to hold largest revenue share by 2036, propelled by high geriatric population, along with rising cases of asthma, as older people are more vulnerable to respiratory diseases. According to the World Health Organization (WHO), the percentage of people aged 60 years or above was 9.8% in 2017, which is anticipated to increase to 13.7% and 20.3% by 2030 and by 2050, respectively. Moreover, the market in North America is expected to gather the largest share during the forecast period owing to the large number of people undertaking blood transfusion procedures, and high healthcare spending in the region. In addition, strong presence of prominent market players is also projected to fuel the blood collection monitor market growth in the region in the coming years.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of blood collection monitor is estimated at USD 141.07 million.

Blood Collection Monitor Market size was valued at USD 134.2 million in 2023 and is set to exceed USD 300.6 million by 2036, registering over 6.4% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by increasing prevalence of blood disorders, and growing number of critical life-saving surgical procedures performed globally.

Asia Pacific industry is predicted to hold largest revenue share by 2036, propelled by high geriatric population, along with rising cases of asthma, as older people are more vulnerable to respiratory diseases.

The major players in the market are Fresenius Kabi AG, Becton, Dickinson and Company, Grifols S.A., Quest Diagnostics, Inc., Nipro Medical Corporation, and others.

Blood Collection Monitor Market Share