The bloodsucking creatures only come out at night (generally speaking) and prefer to go on their feeding frenzy closer to dawn. Though they can survive off the blood of other animals, it's human blood that is number one on their menu.
They are attracted by carbon dioxide, (you're exhaling loads of the gas all the time) and warmth. The long thin antennae contains the sensory organs. The bugs gorge themselves on blood taken from the peripheral circulatory system. To do this they have to penetrate blood capillaries. The mouth region has two pairs of pointed stylets. One pair pierces and penetrates the skin epidermis, which is painless. A sawing motion has been observed by some scientists as the insect creates a hole to allow it to get to its dinner. This is all done without alerting the host, which is an effective survival strategy, until you rollover on them.
The other pair of stylets has two hollow tubes. One releases saliva which acts as an anticoagulant (stops the blood from clotting), and the other tube sucks up the blood. It's the saliva that causes the bite to itch.
A bed bug usually takes 5-10 minutes to finish its meal.