Blood Collection Market Key Regions, Sales, Growth Rate, Consumption 2020-2030 - Terumo Medical Corporation, Medtronic, BD, Fresenius Kabi

Blood collection is a medical process performed by the physician in hospitals or laboratories, which is later sent for examination. The process includes drawing sample blood from an individual and is generally done within five minutes. It is a time saving process that offers additional information to the physician and allows him to take further decisions regarding diagnosis and treatment of identified health conditions. Blood samples are generally taken from body parts, such as ear, hand, finger, and arm in adults, whereas in young child like infants, blood can be taken from the heels. The area of blood sample from the body depends on the analysis. Before the blood sample process, physicians use a tourniquet (elastic) that allows blood to get collected in the veins for easy draw of blood. Also the skin is cleaned before the process that helps in prevention of bacteria.

The outbreak of Coronavirus is a major threat to blood collection medical process. Physicians are considering the transferring of blood unsafe, especially during the pandemic. Also the FDA suggests the donors to refrain from donating blood if symptomatic for the virus and others to avoid donation for at least 28 days after no contact with anyone. The demand for blood collection is expected to grow post pandemic due t high prevalence of diseases.

The prominent players operating in the global blood collection market are:
Terumo Medical Corporation, Medtronic, BD, Fresenius Kabi AG (Fresenius Health Care Group), Grifols, S.A., FL MEDICAL s.r.l., Haemonetics Corporation, Greiner Bio One International GmbH, Smiths Medical (Smiths Group plc.), KAWASUMI LABORATORIES. INC., among others.

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