Europe Capillary Blood Collection and Sampling Devices Market Will reach USD 1708.90 million by 2030

The leading Europe Capillary Blood Collection and Sampling Devices market report has been produced with most up-to-date insight and analysis to give maximum benefits to the Healthcare industry. The report can be used by both established and new players in the industry for complete understanding of the market. Besides, this document also includes historic data, present and future market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The scope of significant Europe Capillary Blood Collection and Sampling Devices business report involves industry research, customer insights, market sizing and forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel assessment.

An excellent Europe Capillary Blood Collection and Sampling Devices market research report consists of historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Key data and information used while preparing this report has been collected from the consistent sources that range from journals, websites, research papers, case studies, and magazines. The research studies included in this industry report helps to estimate several important aspects that include but are not limited to investment in a rising market, success of a new product, and expansion of market share. Europe Capillary Blood Collection and Sampling Devices market report works as a backbone for the growth of Healthcare industry.

Data Bridge Market Research analyses that the capillary blood collection and sampling devices market, which is USD 1105.11 million in 2022, is expected to reach USD 1708.90 million by 2030, at a CAGR of 5.6% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Drivers

Rise in chronic diseases
Chronic disease is common among the elderly. According to the World Bank Group, Japan and Italy have the largest geriatric populations in 2020, accounting for 28% and 23% of the global geriatric population, respectively. Furthermore, 20% and 16% of the elderly populations in the EU and North America, respectively, were exposed to the risk of diabetes, which is expected to fuel market growth.

The rising availability of POC diagnostics
Point-of-care testing is diagnostic testing performed at the bedside of patients in their homes. It can also be done at any time and from any location. As a result, it is also known as bedside testing. Previously, testing was limited to the laboratories to which the specimen was sent, and obtaining the sample could take anywhere from hours to days. With the advancements of this technique, doctors can now obtain lab-quality diagnostic results in minutes rather than days. It not only saves time, but it also enables clinicians to provide quality and effective patient care in the patient's home. Point-of-care diagnostics is becoming more popular because of its advantages,.

According to various reports, the total value of the global capillary blood collection and sampling devices treatment market was USD 40-45 billion, with POC diagnostics contributing USD 12-13 billion.

As health awareness and the prevalence of infectious diseases have grown, so has the demand for point-of-care testing. Traditional venous blood collection methods and arterial methods are invasive and painful with an increased risk of needle stick injuries and contamination if not carried out by trained personnel. Capillary blood collection, on the other hand, is less invasive, causes less pain, and has fewer side effects. It also does not necessitate the use of skilled professionals, making it a point care testing technique. With the rise in POC testing, capillary collection devices have advanced.

Opportunities

Technological advancements in capillary blood collection devices
Blood collection is an important step in the delivery of healthcare. 70% to 80% of clinical decisions are made based on blood sample analysis. Various companies are using safer, easier, and more efficient methods to collect blood samples, thanks to the growing trend of blood collection innovation. For pharmacy clinics, capillary blood sampling is an excellent technique. This method is chosen over venipuncture due to its ease of use and safety; it also eliminates the need for skilled technicians. One disadvantage of finger sticks is that the blood droplets vary in size. This problem can be solved by introducing new and innovative products.

For instance TAP, the world's first device that draws blood with a push button, was introduced by Seventh Sense Bio systems. With the push of a button, this device is worn on the upper arm and draws blood. This makes high-quality lab testing more accessible and affordable.

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Europe Capillary Blood Collection and Sampling Devices Market Scope
The capillary blood collection and sampling devices market is segmented on the basis of product, modality, mode of administration, application, platform, procedure, age group, test type, technology, material, end user, distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

Blood Sampling Devices
Capillary Blood Collection Devices
Rapid Test Cassette
Remote Capillary Blood Collection Device
Wearable Capillary Blood Collection Device
Modality

Manual Sampling
Automated/Autoinjection Sampling
Mode of Administration

Puncture
Incision
Application

Cardiovascular Disease
Infection and Infectious Disease
Respiratory Diseases
Cancers
Rheumatoid Arthritis
Others
Platform

Enzyme Immunoassay Platform (Elisa Platform)
PCR Platform
Lateral Flow Immunoassay Platform
ELTABA Platform
Others
Procedure

Conventional
Point of Care Testing
Age Group

Geriatrics
Infant
Pediatric
Adult
Test Type

Whole Blood Test
Dried Blood Spot Tests
Plasma/Serum Protein Tests
Liver Panel/Liver Profile/Liver Function Tests
Comprehensive Metabolic Panel (CMP) Tests
Others
Technology

Volumetric Absorptive Microsampling
Capillary Electrophoresis-Based Chemical Analysis
Others
Material

Plastic
Glass
Stainless Steel
Ceramic
End User

Laboratories
Home Care Setting
Distribution Channel

Direct Tender
Retail Sales
Others

Capillary Blood Collection and Sampling Devices Market Regional Analysis/Insights
The capillary blood collection and sampling devices market is analyzed and market size insights and trends are provided by country, product, modality, mode of administration, application, platform, procedure, age group, test type, technology, material, end user, distribution channel as referenced above.

The countries covered in the capillary blood collection and sampling devices market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

Germany is dominating in the European region for the capillary blood collection and sampling devices market Germany is investing heavily in R&D to provide better care for pregnant women and children. In addition, the manufacturers resurrected the CE market agreement for a wide range of products, allowing Germany to control capillary blood collection and sampling devices throughout Europe.

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Some of the major players operating in the capillary blood collection and sampling devices market are:

B.D. (U.S.)
Terumo BCT Inc. (U.S.)
Fresenius KABI AG (Germany)
Grifols S.A. (Spain)
Nipro Medical Corporation (U.S.)
Greiner AG (Austria)
Quest Diagnostics Incorporated (U.S.)
Mitra Industries Private Limited (India)
SARSTEDT AG & Co. KG (Germany)
CML Biotech (India)
Macopharma (France)
Neomedic Limited (U.S.)
Haemonetics Corporation (U.S.)
ICU Medical, Inc. (U.S.)
SB-KAWASUMI LABORATORIES, INC. (Japan)
Retractable Technologies Inc. (U.S.)

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