Blood Collection Tubes MarketSize and Trends

Increase in number of surgical procedures and blood donation rate around the globe expected to favors the demand for blood collection tubes in the near future

North America is expected to account for largest share of the blood collection tubes market in 2016, mainly due to the rising prevalence of diseases such as HIV, hepatitis B and increase in number of surgical procedures such as knee replacement surgery, cataract surgery and many more. As per The World Bank stats, in 2012, number of surgical procedures performed in the U.S. were around 30,500 per 100,000 of population.

Also, the increase in blood donation rate is projected to support the growth of blood collection tubes market in the near future. As per World Health Organization (WHO), in 2013, 112.5 million blood donations collected globally and around half of these are collected in the developed countries such as the U.S.

Furthermore, in emerging countries such as Bangladesh, India and China, up to 65% of blood transfusions are given to children under 5 years of age; whereas in developed countries 75% of blood transfusion are given to the patient of age 65 years and over.

Also, as per WHO, in 2013, the blood donation rate was around 33.1 per 1000 population in developed countries such as U.S., 11.7 per 1000 population in middle-income countries such as India and 4.6 per 1000 population in low-income countries such as Afghanistan. Also, the blood donations were increase by 10.7 million in between 2008 to 2013.