South & Central America Blood Collection Devices Market Forecast to 2030 - Regional Analysis - by Product (Blood Collection Tubes, Blood Collection Needles/Holders, Blood Collection Set, and Others), Methods (Manual Blood Collection and Automated Blood Collection), and End User (Hospitals and Pathology Laboratories, Blood Bank, and Others)
The South & Central America blood collection devices market is expected to grow from US$ 333.95 million in 2022 to US$ 521.55 million by 2030. It is estimated to grow at a CAGR of 5.7% from 2022 to 2030.
Rising Incidences of Chronic Diseases Drive South & Central America Blood Collection Devices Market
Blood collection devices are used for drawing blood from the veins. According to the World Health Organization, the most noncommunicable disease-related deaths are cardiovascular diseases, accounting for ∼17 million people each year, followed by cancers, chronic respiratory diseases, and diabetes (including deaths associated with the kidney). Furthermore, the needles are used for drawing blood for cholesterol testing as high cholesterol can cause heart stroke and heart attack. According to the World Heart Federation, high cholesterol causes 4.4 million deaths yearly, and ∼24% of cardiovascular-related deaths are attributable to high low-density lipoprotein (LDL) cholesterol. Further, diabetes is a life-threatening chronic disease with no practical cure. Diabetes can lead to several complications in different body parts and increase the probability of premature death. Heart attack, kidney failure, stroke, vision loss, leg amputation, and nerve damage are the major complications associated with diabetes. As per the International Diabetes Federation (IDF), in 2021, ∼537 million adults suffered from diabetes worldwide. The number is anticipated to reach 643 million and 783 million by 2030 and 2045, respectively. The treatment of chronic diseases requires blood tests and long-term medications; hence, the growing incidence of chronic diseases is anticipated to create numerous growth opportunities for the market players in the coming years.
South & Central America Blood Collection Devices Market Overview
Brazil has a significant medical device industry, and it is the largest of all Latin American countries. According to the International Trade Administration (US Department of Commerce), the medical device industry in Brazil relies mainly on the US, China, and Germany. In 2021, the country reported an increase of 7.3% in the imports of medical devices, reaching the value of US$ 6.2 billion. As per estimates by the Brazilian Ministry of Health, ~3 million units of blood are collected each year in Brazil; out of the total blood collected, ~70% of donations in these regions are collected through the public system. According to the Global Burden of Disease data published in 2020, Brazil has a high prevalence of chronic obstructive pulmonary disease (COPD), diabetes, and ischemic heart disease. Additionally, ischemic heart disease, stroke, COPD, and diabetes were the leading cause of death among the Brazilian population between 2009 and 2019. Thus, the country provides lucrative opportunities for companies providing blood collection devices for blood donation and disease diagnostics.
South & Central America Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Blood Collection Devices Market Segmentation
The South & Central America blood collection devices market is segmented into product type, methods, end user, and country.
Based on product type, the South & Central America 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 South & Central America blood collection devices market in 2022.
In terms of methods, the South & Central America 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 South & Central America blood collection devices market in 2022.
By end user, the South & Central America 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 South & Central America blood collection devices market in 2022.
Based on country, the South & Central America blood collection devices market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated South & Central America 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 South & Central America blood collection devices market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Blood Collection Devices Market - Key Industry Dynamics
4.1 Key Market Drivers:
4.1.1 Increase in Prevalence of Cancer Worldwide
4.1.2 Surge in Demand for Minimally Invasive Diagnostic Tests
4.2 Market Restraints
4.2.1 Risk Associated with Needlestick Injuries
4.3 Market Opportunities
4.3.1 Rising Incidences of Chronic Diseases
4.4 Future Trends
4.4.1 Technological Developments in Blood Collection Techniques and Products
4.5 Impact Analysis:
5. Blood Collection Devices Market – South & Central America Market Analysis
5.1 South & Central America Blood Collection Devices Market Revenue (US$ Mn), 2020 – 2030
6. South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 – by Product.
6.1 Overview
6.2 South & Central America Blood Collection Devices Market Revenue Share, by Product 2022 & 2030 (%)
6.3 Blood Collection Tubes
6.3.1 Overview
6.3.2 Blood Collection Tubes: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
6.3.3 Micro-collection Tubes
6.3.3.1 Overview
6.3.3.2 Micro-collection Tubes: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
6.3.4 Evacuated Blood Collection Tubes
6.3.4.1 Overview
6.3.4.2 Evacuated Blood Collection Tubes: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
6.4 Blood Collection Needles/ Holders
6.4.1 Overview
6.4.2 Blood Collection Needles/ Holders: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
6.5 Blood Collection Set
6.5.1 Overview
6.5.2 Blood Collection Set: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
6.6 Others
6.6.1 Overview
6.6.2 Others: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
7. South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 – by Method
7.1 Overview
7.2 South & Central America Blood Collection Devices Market Revenue Share, by Method 2022 & 2030 (%)
7.3 Manual Blood Collection
7.3.1 Overview
7.3.2 Manual Blood Collection: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Automated Blood Collection
7.4.1 Overview
7.4.2 Automated Blood Collection: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 – by End User
8.1 Overview
8.2 South & Central America Blood Collection Devices Market Revenue Share, by End User 2022 & 2030 (%)
8.3 Hospitals and Pathology Laboratories
8.3.1 Overview
8.3.2 Hospitals and Pathology Laboratories: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Blood Bank
8.4.1 Overview
8.4.2 Blood Bank: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Blood Collection Devices Market - Country Analysis
9.1 South & Central America Blood Collection Devices Market: Overview
9.1.1 South & Central America Blood Collection Devices Market by Country
9.1.1.1 Brazil
9.1.1.1.1 Overview
9.1.1.1.2 Brazil Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn)
9.1.1.1.3 Brazil Blood Collection Devices Market, by Product
9.1.1.1.3.1 Brazil Blood Collection Devices Market, by Blood Collection Tubes Type
9.1.1.1.4 Brazil Blood Collection Devices Market, by Method
9.1.1.1.5 Brazil Blood Collection Devices Market, by End User
9.1.1.2 Argentina
9.1.1.2.1 Overview
9.1.1.2.2 Argentina Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn)
9.1.1.2.3 Argentina Blood Collection Devices Market, by Product
9.1.1.2.3.1 Argentina Blood Collection Devices Market, by Blood Collection Tubes Type
9.1.1.2.4 Argentina Blood Collection Devices Market, by Method
9.1.1.2.5 Argentina Blood Collection Devices Market, by End User
9.1.1.3 Rest of South & Central America
9.1.1.3.1 Overview
9.1.1.3.2 Rest of South & Central America Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn)
9.1.1.3.3 Rest of South & Central America Blood Collection Devices Market, by Product
9.1.1.3.3.1 Rest of South & Central America Blood Collection Devices Market, by Blood Collection Tubes Type
9.1.1.3.4 Rest of South & Central America Blood Collection Devices Market, by Method
9.1.1.3.5 Rest of South & Central America Blood Collection Devices Market, by End User
10. South & Central America Blood Collection Devices Market Industry Landscape
10.1 Overview
10.2 Growth Strategies in the Blood Collection Devices Market
10.3 Inorganic Growth Strategies
10.3.1 Overview
10.4 Organic Growth Strategies
10.4.1 Overview
11. Company Profiles
11.1 Becton Dickinson and Co
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Terumo Corp
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Cardinal Health Inc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 SARSTEDT AG & Co KG
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Nipro Corp
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Thermo Fisher Scientific Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Sekisui Chemical Co Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Greiner Bio-One International GmbH
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About Us
12.2 Glossary of Terms
List of Tables
Table 1. South & Central America Blood Collection Devices Market Segmentation
Table 2. Brazil Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 3. Brazil Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – Blood Collection Tubes Type
Table 4. Brazil Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – Method
Table 5. Brazil Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 6. Argentina Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 7. Argentina Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – Blood Collection Tubes Type
Table 8. Argentina Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – Method
Table 9. Argentina Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 10. Rest of South & Central America Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 11. Rest of South & Central America Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – Blood Collection Tubes Type
Table 12. Rest of South & Central America Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – Method
Table 13. Rest of South & Central America Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 14. Recent Inorganic Growth Strategies in the Blood Collection Devices Market
Table 15. Recent Organic Growth Strategies in the Blood Collection Devices Market
Table 16. Glossary of Terms, Blood Collection Devices Market
List of Figures
Figure 1. South & Central America Blood Collection Devices Market Segmentation, By Country
Figure 2. South & Central America Blood Collection Devices Market - Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Blood Collection Devices Market Revenue (US$ Mn), 2020 – 2030
Figure 5. South & Central America Blood Collection Devices Market Revenue Share, by Product 2022 & 2030 (%)
Figure 6. Blood Collection Tubes: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Micro-collection Tubes: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Evacuated Blood Collection Tubes: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Blood Collection Needles/ Holders: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Blood Collection Set: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Others: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. South & Central America Blood Collection Devices Market Revenue Share, by Method 2022 & 2030 (%)
Figure 13. Manual Blood Collection: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Automated Blood Collection: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. South & Central America Blood Collection Devices Market Revenue Share, by End User 2022 & 2030 (%)
Figure 16. Hospitals and Pathology Laboratories: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Blood Bank: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Others: South & Central America Blood Collection Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. South & Central America Blood Collection Devices Market, By Country 2022 ($Mn)
Figure 20. South & Central America Blood Collection Devices Market, By Key Countries, 2022 and 2030 (%)
Figure 21. Brazil Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn)
Figure 22. Argentina Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn)
Figure 23. Rest of South & Central America Blood Collection Devices Market Revenue and Forecast to 2030 (US$ Mn)
Figure 24. Growth Strategies in the Blood Collection Devices Market
- Becton Dickenson and Co
- Terumo Corp
- Cardinal Health
- SARSTEDT AG & Co. KG
- NIPRO
- Thermo Fisher Scientific Inc
- Sekisui Chemical Co Ltd
- Greiner Bio One International GmBH
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America blood collection devices market.
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