Global Blood Collection Tube Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

The blood collection tube market has shown the growth of USD 5.1 billion in 2020 and is expected to grow by USD 8.8 billion by 2030, at an approximate CAGR of 5.7% during the forecasted period.Blood collection tubes are the devices that are used for collecting blood samples for performing laboratory diagnostic tests and treating patients. These devices are being used for specific cases like cancer therapies, accident victims, blood transfusions or transplantation and during the critical surgeries. The major uses of these tubes like in clinics, hospitals, blood banks, pathology laboratories, and multi-specialty hospitals have shown good growth and are expected to grow at a higher CAGR growth during the forecasted period.
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Market Dynamics and Factors:
The increasing numbers of diseases like a growing number of surgeries, accidental, road accidents, sports injuries, and trauma are the prevailing factors for the growth of the blood collection tubes. Owing to the high costs of automated blood collection devices that costs between USD 1,000 and USD 3,000 have restrained the market growth. Technological advancements in blood collection procedures and products for critical diseases like Difficult Venous Access (DVA) have reduced the complicated procedures and further infection to cause amenia has given the opportunity to the growth of blood collection tubes. The lack of skilled professionals for operating advanced automated blood collecting devices will aff et the market growth in the future.
Market Segmentation:
Global Blood Collection Tube Market – By Product
Serum Tube
Plasma Tube
EDTA
Heparin
Coagulation
Glucose
Needle
Lancet
ESR
Syringe
Blood Bag
Global Blood Collection Tube Market – By Application
Hospital
Blood Bank Center
Academics
Home Care
Global Blood Collection Tube Market – By Method
Manual
Automated
Global Blood Collection Tube Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
North America is the largest market and is also expected to dominate the market of global blood collection tube due to growth in the levels of awareness, advancements in blood collection technologies, rising prevalence of blood disorders, increasing demand for plasma from biopharmaceutical companies for plasma fractionation, government support, rising demand for apheresis initiatives for blood safety, and increasing prevalence of lifestyle diseases such as diabetes. The increasing adoption of automated blood collection devices has shown a boost in the North America region. For example, in 2015, according to the American Diabetes Association, 30.3 million people in the U.S. had diabetes which is 9.4 % of the total population. Moreover, countries such as India and China in the Asia Pacific region are expected to be the fastest-growing markets in this region owing to a large population base, improving healthcare infrastructure, increasing the number of hospitals, and growing medical tourism.
Competitive Scenario:
The major key players in the global blood collection tube market are Abbott, Biosigma, Becton, Dickinson & Company, Greiner Group AG, Sarstedt AG & Co., QIAGEN N.V., Terumo Corporation, and FL Medical SRL.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Blood Collection Tube industry, although key threats, opportunities and disruptive technologies that could shape the Global Blood Collection Tube Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Blood Collection Tube Market most.
The data analysis present in the Global Blood Collection Tube Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Blood Collection Tube Market business.
The 2021 Annual Global Blood Collection Tube Market offers:
100+ charts exploring and analysing the Global Blood Collection Tube Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Blood Collection Tube Market type
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