Pune, India -- (SBWIRE) -- 10/25/2018 -- "Our latest research report entitled Blood Collection Market (by product (blood collection needles and syringes, blood collection tubes, blood lancets, blood bags, vials and edta tubes), end-use (hospitals, blood banks and diagnostic centers)) provides complete and deep insights into the market dynamics and growth of Blood Collection. Latest information on market risks, industry chain structure Blood Collection cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Blood Collection growth factors.

The forecast Blood Collection Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Blood Collection on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report."

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Becton Dickinson to Acquire Bard for $24 Billion

In April 2017-U.S. medical equipment supplier Becton Dickinson and Co will acquire C R Bard Inc, in a $24 billion cash-and-stock deal, adding Bard's devices to its portfolio in the high-growth sectors of oncology and surgery.

Becton Dickinson said the deal with Bard would expand its focus on the treatment of disease states beyond diabetes, to include peripheral vascular disease, urology, hernia and cancer. The combination will create a highly differentiated medical technology company uniquely positioned to improve both the process of care and the treatment of disease for patients and healthcare providers. The transaction will build on BD's leadership position in medication management and infection prevention with an expanded offering of solutions across the care continuum. Additionally, Bard's strong product portfolio and innovation pipeline will increase BD's opportunities in fast-growing clinical areas, and the combination will enhance growth opportunities for the combined company in non-U.S. markets.

Increasing Number of Diagnostics Center to Promote Growth in the Blood Collection Market

Increasing prevalence of infectious diseases and the growing number of accidents where this surgical procedure carried out owing to increasing accidents are the major factors driving the growth of the blood collection market. According to the WHO, in 2012, around 266.2 to 359.5 million surgical procedures were performed globally and this number is expected to increase in the near future. Moreover, increasing number of diagnostic centers across the globe that in turn is boosting the growth of the blood collection market.  The demand for blood collection could be hampered by risks associated with blood transfusion, mostly in underdeveloped nations. However, there are several awareness plans and campaigns conducted by governments and foreign individuals to tackle this issue. The mandate of hiring responsible and qualified healthcare professionals could create favorable growth prospects in the world blood collection market. Furthermore, technological advancements in blood collection procedures and products have opened several doors of opportunity for the key players in the blood collection market over the years to come.

North America Region to Contribute To Growth in the Global Blood Collection Market

North America accounted for the largest market share in the global blood collection market. The Asia Pacific region is the fastest growing region for the blood collection market. The growth in the North American region is expected to grow due to proactiveness in healthcare checkup and highly developed healthcare infrastructure. In addition, rapid adoption of advanced products in the U.S. boosts the demand for target products. Moreover, increasing geriatric population and rising prevalence of infectious diseases such as HIV infection, tuberculosis, and malaria is driving the growth in the Asia Pacific region.

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