The blood collection market is expected to reach USD 9.90 Billion by 2021 from USD 7.65 Billion in 2016, at CAGR of 5.3% in the forecast period. Factors driving the market include rising incidences of diseases, increasing number of surgeries, and growing number of accidental and trauma cases. However, the risks associated with blood transfusions in underdeveloped regions is expected to restrain the growth of this market to a certain extent during the forecast period.
