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Middle East & Africa Blood Collection Devices Market
No. of Pages: 85 | Report Code: TIPRE00016324 | Category: Life Sciences
No. of Pages: 85 | Report Code: TIPRE00016324 | Category: Life Sciences
The Middle East & Africa blood collection devices market is expected to grow from US$ 266.85 million in 2022 to US$ 409.00 million by 2030. It is estimated to grow at a CAGR of 5.5% from 2022 to 2030.
Collecting blood from patients with difficult venous access (DVA) is challenging. In the case of DVA patients, the traditionally used blood collection device is often unable to collect adequate samples; this might lead to repeated attempts to collect blood. The risk of anemia can arise due to these repeated attempts and the risk of transmission of blood-borne pathogens to nurses. To avoid such scenarios, market players have launched innovative hematology-tube designs that support capillary blood collection while reducing the risks of blood collection and treatment errors in DVA patients. The new technology offers a painless, needle-free, easy-to-use technique for collecting blood samples. The system allows blood samples to be taken in a nominally invasive manner. Once placed on a patient’s upper arm, hematology-tube improves capillary blood flow beneath the skin through micro-incision and patented skin vasodilation technology.
Israel, Iran, Iraq, Kuwait, Oman, Egypt, and Kenya are among the major countries in the Rest of the Middle East & Africa. Growing healthcare spending for better healthcare services is a major factor contributing to the blood collection devices market growth in the Rest of the Middle East & Africa. According to the World Bank Group, the healthcare expenditure of Kuwait and Israel is 6.31% and 8.32% of their GDP, respectively. These countries have been focusing on developing their medical device industry. Further, rising cancer cases in countries such as Israel, Egypt, and Lebanon propel the demand for blood transfusion. According to several publications, ~30,000 cancer cases and ~11,000 cancer-related deaths are recorded in Israel yearly. The Times of Israel reported the geriatric population (aged 75+) would increase by 48% in the country by 2030, creating an urgent need to bolster the health system. Therefore, increasing cancer prevalence and the rising elderly population fuel the demand for enhanced blood testing and blood transfusion therapy in the Rest of the Middle East & Africa, thereby propelling the blood collection devices market growth.
Strategic insights for the Middle East & Africa Blood Collection Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Blood Collection Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Blood Collection Devices Strategic Insights
Middle East & Africa Blood Collection Devices Report Scope
Report Attribute
Details
Market size in 2022
US$ 266.85 Million
Market Size by 2030
US$ 409.00 Million
Global CAGR (2022 - 2030)
5.5%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Product
By Methods
By End User
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Blood Collection Devices Regional Insights
The Middle East & Africa blood collection devices market is segmented into product type, methods, end user, and country.
Based on product type, the Middle East & Africa blood collection devices Market is segmented into blood collection tubes, blood collection needles/holders, blood collection set, and others. The blood collection tubes segment held the largest share of the Middle East & Africa blood collection devices market in 2022.
In terms of methods, the Middle East & Africa blood collection devices Market is bifurcated into manual blood collection and automated blood collection. The manual blood collection segment held a larger share of the Middle East & Africa blood collection devices market in 2022.
By end user, the Middle East & Africa blood collection devices market is segmented into hospitals and pathology laboratories, blood bank, and others. The hospitals and pathology laboratories segment held the largest share of the Middle East & Africa blood collection devices market in 2022.
Based on country, the Middle East & Africa blood collection devices market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated Middle East & Africa blood collection devices market in 2022.
Becton Dickenson and Co, Terumo Corp, Cardinal Health, SARSTEDT AG & Co. KG, NIPRO, Thermo Fisher Scientific Inc, Sekisui Chemical Co Ltd, and Greiner Bio One International GmBH are some of the leading companies operating in the Middle East & Africa blood collection devices market.
The Middle East & Africa Blood Collection Devices Market is valued at US$ 266.85 Million in 2022, it is projected to reach US$ 409.00 Million by 2030.
As per our report Middle East & Africa Blood Collection Devices Market, the market size is valued at US$ 266.85 Million in 2022, projecting it to reach US$ 409.00 Million by 2030. This translates to a CAGR of approximately 5.5% during the forecast period.
The Middle East & Africa Blood Collection Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Blood Collection Devices Market report:
The Middle East & Africa Blood Collection Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Blood Collection Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Blood Collection Devices Market value chain can benefit from the information contained in a comprehensive market report.