The global blood collection devices market was valued at USD 6.23 billion in 2021, growing at a CAGR of 6.85% during the forecast period from 2022 to 2027 to reach USD 9.25 billion by 2027. The blood collection devices market is slated to witness prosperity owing to factors such as increase in diagnostic tests owing to the growing prevalence of infectious diseases such as COVID-19, malaria, and others, increasing awareness over health, rise in blood transfusion procedures, and the growing focus on improving the safety and usability of blood collection devices for end users are further expected to result in the appreciable revenue growth in the blood collection devices market during the forecast period (2022-2027).
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