Report ID: UCMIG35B2099
Report ID:
UCMIG35B2099 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The size of the global blood collection market, estimated at USD 8.50 billion in 2018, is expected to increase at a CAGR of 6.6% during the next five years. The main drivers of market expansion are the rise in non-communicable diseases, the prevalence of infectious diseases, and the number of accidents and trauma cases. According to World Health Organisation estimates from 2018, non-communicable illnesses are responsible for almost 15 million of the age group 30 to 69 years' annual mortality cases. In middle- and low-income nations, these premature deaths account for about 85% of the total.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35B2099