The global blood collection market size is expected to reach USD 7.82 Billion in 2028 and register a revenue CAGR of 6.2% over the forecast period, according to the latest report by Reports and Data. Rising prevalence of lifestyle and chronic diseases and increasing number of trauma and accident cases are some key factors expected to continue to drive market revenue growth over the forecast period. In addition, increasing Point-Of-Care (POC) testing is expected to contribute significantly to revenue growth of the market going ahead.
Prevalence of chronic diseases and illnesses is continuing to grow, and cardiovascular disease accounts for almost half of all chronic disease deaths globally. Obesity and diabetes are indicating worrying trends, not only because diseases now affects a significant portion of the global population, but because diseases have become more prevalent at a relatively young age among individuals. Rising prevalence of lifestyle diseases worldwide, notably in developing countries, is also expected to support market growth. This has led to increased conformity with repetitive medical tests and increasing importance of symptoms to diagnose disease states, primarily through blood collection. Private health testing, and also organizational check-ups for employee well-being, have become more frequent, as blood tests are the primary technique for diagnosing various illnesses. Increasing shift towards adopting health programs by multinational companies and organizations is expected to have favorable impact on market growth. However, storing and shipping complications and high costs of automated blood collection equipment are some key factors expected to restrain market growth to a certain extent over the forecast period.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/4183
Some Key Highlights From the Report:
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/4183
For the purpose of this report, Reports and Data has segmented the blood collection market based on product, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018-2028)
Application Outlook (Revenue, USD Billion; 2018-2028)
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/4183
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Media ContactCompany Name: Reports and DataContact Person: John WatsonEmail: Send EmailPhone: +1-212-710-1370Address:40 Wall St. 28th floor City: New York CityState: NY 10005Country: United StatesWebsite: https://www.reportsanddata.com/report-detail/blood-collection-market