The safety blood collection needle market is forecasted to grow by USD 420 mn during 2023-2028, accelerating at a CAGR of 6.3% during the forecast period. The report on the safety blood collection needle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising prevalence of chronic diseases, increasing awareness of safety practices, and growing number of blood donation drives.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
6.2%
CAGR
6.3%
Incremental Value
$420 mn
Technavio's safety blood collection needle market is segmented as below:
By Type
Manual safety blood collection needles
Automatic safety blood collection needles
By End-user
Hospitals
Clinics
Others
By Geographical Landscape
North America
Europe
Asia
Rest of World (ROW)
This study identifies the new product launches by vendors as one of the prime reasons driving the safety blood collection needle market growth during the next few years. Also, shift towards single-use safety needles and growing medical tourism will lead to sizable demand in the market.
The report on the safety blood collection needle market covers the following areas:
Safety Blood Collection Needle Market sizing
Safety Blood Collection Needle Market forecast
Safety Blood Collection Needle Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading safety blood collection needle market vendors that include AdvaCare Pharma, Becton Dickinson and Co., Berpu Medical Technology Co Ltd, BioMerieux SA, Cardinal Health Inc., Cook Group Inc., FL MEDICAL srl Unipersonale, GBUK Group Ltd., Greiner Bio One International GmbH, Hindustan Syringes and Medical Devices Ltd., Jiangsu Rongye Technology Co Ltd., KB MEDICAL INC, LIUYANG SANLI MEDICAL TECHNOLOGY DEVELOPMENT CO. LTD., Medline Industries LP, Medtronic Plc, Nipro Corp., Poly Medicure Ltd., SARSTEDT AG and Co. KG, Thermo Fisher Scientific Inc., and Vygon SAS. Also, the safety blood collection needle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
5.1 Global Safety Blood Collection Needle Market 2018 - 2022
Historic Market Size - Data Table on Global Safety Blood Collection Needle Market 2018 - 2022 ($ million)