Home > Healthcare > Medical Devices > Medical Supplies > Capillary Blood Collection Devices Market
Capillary Blood Collection Devices Market size was valued at around USD 1.8 Billion in 2023 and is estimated to grow at 7.7% CAGR from 2024 to 2032. Capillary blood collection devices are medical tools designed for the collection of small blood samples from capillaries, typically from the fingertip. These devices are commonly used in healthcare settings, blood centers, etc. for diagnostic, monitoring, and screening purposes.
According to the World Health Organization, global blood donations amount to approximately 118 million, with 40% of these donations originating from high-income countries, which constitute only 16% of the world's population. There are around 13,300 blood centers across 169 countries contribute to the blood collection.
Furthermore, the increasing prevalence of chronic diseases, such as diabetes, is contributing to the demand for capillary blood collection devices. Regular blood glucose monitoring, often facilitated by these diabetes care devices that exhibit a growth rate of 9.5% CAGR, is essential for managing and controlling chronic conditions.
Report Attribute | Details |
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Base Year: | 2023 |
Capillary Blood Collection Devices Market Size in 2023: | USD 1.8 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 7.7% |
2032 Value Projection: | USD 3.4 Billion |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 186 |
Tables, Charts & Figures: | 327 |
Segments covered: | Product Type, Material, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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