According to the Fact.MR Latest Analysis, Global demand for closed blood sampling systems is slated to experience significant growth at 5.9% CAGR from 2021 to 2032, with the market value set to increase from US$ 76.32 Mn in 2022 to US$ 135.83 Mn by the end of 2032.
As per Fact.MR’s projections, single-line blood sampling systems held a substantial market share of 25.5% in 2021. Closed blood sampling systems accounted for around 0.3% share of the global blood screening market in 2021.
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Key Segments Covered in Closed Blood Sampling Systems Industry Research
- Closed Blood Sampling Systems Market by Sampling System:
- Single-line Blood Sampling Systems
- Double-Line Blood Sampling Systems
- Triple-Line Blood Sampling Systems
- Pressure Transducer/ Monitoring Kits
- Closed Blood Sampling Systems Market by Modality:
- Arm-mounted Sampling Systems
- Pole-mounted Sampling Systems
- Closed Blood Sampling Systems Market by Age Group:
Key Takeaways from Market Study
- By sampling system, double-line blood sampling systems are expected to hold 28.6% market value share by the end of 2032.
- By modality, pole-mounted sampling systems are expected to hold 63.1% market value share by 2032.
- By age group, adults accounted for 67.8% market value share in 2021.
- Hospitals dominated the closed blood sampling systems market with a share of 44.4% in 2021.
- By region, North America is set dominate the global closed blood sampling systems market with a value share of around 39.9% by the end of 2032. Europe is slated to be the second-largest leading regional market with a value share of 30.7%.
“High prevalence of needle stick injuries and risk of infections associated with them are set to promote the sales of closed blood sampling systems,” says an analyst of Fact.MR.
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Prominent manufacturers of closed blood sampling systems focus on research and development, collaborations, and new product launches, which have emerged as key growth strategies.
- In January 2021, Inventis, an Italian company founded in 2005 with its headquarters in Padua, which designs and manufactures advanced audiological diagnostics equipment, announced that it has acquired 100% share capital of Synapsys, a French leader in balance diagnostic systems.
- In June 2018, Interacoustics A/S launched a new Micromedical Orion Rotary Chair for enhanced vestibular assessment.
Similarly, recent developments related to companies manufacturing closed blood sampling products have been tracked by the team at Fact.MR, which are available in the full report.
- ICU Medical, Inc.
- Smiths Medical, Inc.
- Edwards Lifesciences Corporation
- Merit Medical Systems
- Utah Medical Products, Inc.