CLOSED BLOOD SAMPLING SYSTEM MARKET ANALYSIS

Regional Analysis

Closed Blood Sampling System Market - Regional Analysis

On the basis of region, closed blood sampling systems market is segmented into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. North America holds dominant position in closed blood sampling system market, followed by Asia Pacific. Increasing demand for blood transfusions, owing to the increasing number of surgery or injury cases is driving growth of closed blood sampling system market in North America. For instance, according to the American National Red Cross, a humanitarian organization, around 21 million blood components are transfused every year in the U.S.

Increasing demand for closed blood sampling systems with the establishment of new hospitals, specialty clinics, and blood banks, and increasing demand for the usage of blood components, owing to the increasing number of blood transfusion procedures is fueling growth of closed blood sampling systems market in Asia Pacific. For instance, according to the National AIDS Control Organization (NACO) 2014 data findings, demand for blood and blood components in India is around 1% of the total population, which is around 12 million blood units (1% of 1.2 billion populations). Moreover, according to the Department of Control (DAC), India: 2013, the annual requirement of blood was estimated to be 80 lakh units of blood between 2012 and 2013.