Blood Collection Market is anticipated to grow $13.3 Billion By 2025
“The global blood collection market size was valued at USD 7.6 billion in 2015. The increasing incidence of infectious and non-communicable diseases is a major factor anticipated to propel the market growth during the forecast period.”
The global Blood Collection Market is expected to reach a value of USD 13.3 billion by 2025, according to a new report by Grand View Research, Inc. The increasing incidence of infectious and non-communicable diseases is a major factor anticipated to propel the market growth during the forecast period. According to the Centers for Disease Control and Prevention (CDC), in 2013, around 19.3 million people visited the physician’s clinic for infectious and parasitic diseases testing in the U.S. Moreover, according to International Diabetes Federation, 415 million people suffered from diabetes in 2014 and this number is expected to rise up to 642 million by 2040. Thus, the increasing incidence of accidents and trauma cases is another factor that drives the demand for blood collection products for therapeutic application. Access Full Research Report on Global Blood Collection Market: http://www.grandviewresearch.com/industry-analysis/blood-collection-market
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