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Blood Collection Tubes Market worth $4.68 billion by 2030, growing at a CAGR of 8.10% - Exclusive Report by 360iResearch
Blood Collection Tubes Market | 360iResearch
The Global Blood Collection Tubes Market to grow from USD 2.71 billion in 2023 to USD 4.68 billion by 2030, at a CAGR of 8.10%.
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Blood collection tubes are the devices used for collecting, storing, and transporting blood samples in various clinical applications, including diagnostics, transfusions, research studies, drug discovery, genetic profiling, and forensic science. The aging population requiring regular blood tests for chronic diseases and increased demand for early diagnosis and preventive healthcare measures have increased the adoption of blood collection tubes. Further advancements in vacuum tube technology ensuring accurate sample extraction with minimal contamination, automation in laboratory workflows, and public awareness leading to regular medical check-ups have supported the market demand. However, stringent regulatory guidelines on product quality standards and cross-contamination risks during sample handling procedures hinder market growth. Apart from this, material advancements for improved storage solutions, biomarker integration to enhance diagnostic accuracy at point-of-care, and the development of IoT-enabled smart tubes are expected to create an opportunistic landscape for the market.
In the Americas region, the increasing geriatric population leading to the prevalence of chronic diseases has increased the use of blood collection tubes. Moreover, healthcare tourism and spending capabilities for early disease diagnostics have flourished in this region. In the EMEA region, well-developed healthcare infrastructure and the presence of the major manufacturers leading to increased spending on research & development for product improvements have supported the market demand. Further, In the EMEA region, the Middle East and Africa demonstrate potential growth opportunities for blood collection tube products due to increasing healthcare investments in these regions. Governments are encouraging public-private partnerships to improve medical infrastructure, which may increase the demand for quality diagnostic products such as blood collection tubes. Asia Pacific region showcased an opportunistic landscape for the market in the face of large population countries requiring blood collection tubes for diagnostic tubes. The developing healthcare sector across the many economies in the region, along with government initiatives focusing on providing accessible healthcare services, is expected to support the market growth.
Market Segmentation & Coverage:
This research report categorizes the Blood Collection Tubes Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product Type, market is studied across EDTA Tubes, Heparin Tubes, Plasma Separation Tube, Rapid Serum Tubes, and Serum Separating Tube. The Plasma Separation Tube is projected to witness significant market share during forecast period.
Based on Material Type, market is studied across Glass and Plastic. The Glass is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Diagnostic Centers, Healthcare Centers, and Research & Development Centers. The Healthcare Centers is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 36.95% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Blood Collection Tubes Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Blood Collection Tubes Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Blood Collection Tubes Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, AdvaCare Pharma, Becton, Dickinson & Company, Bioscientia Healthcare, Biosigma S.p.A., Cardinal Health, Inc., CML BIOTECH LIMITED, Convergent Technologies GmbH, FL Medical S.R.L., Greiner Bio One International Gmbh, Guangzhou Improve Medical Instruments Co. Ltd., Haemonetics Corporation, Labtech S.r.l., Medtronic plc, Micsafe Medical Group, Nanjing Vazyme Medical Technology Co., Ltd., Nipro Medical Corporation, QIAGEN N.V., Radiometer India, SARSTEDT AG & Co. KG, Smiths Medical, Inc. by ICU Medical, Inc., Sunphoria Co., Ltd., Terumo Corporation, and Vyaire Medical, Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Blood Collection Tubes Market, by Product Type
7. Blood Collection Tubes Market, by Material Type
8. Blood Collection Tubes Market, by End-User
9. Americas Blood Collection Tubes Market
10. Asia-Pacific Blood Collection Tubes Market
11. Europe, Middle East & Africa Blood Collection Tubes Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Blood Collection Tubes Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Blood Collection Tubes Market?
3. What is the competitive strategic window for opportunities in the Blood Collection Tubes Market?
4. What are the technology trends and regulatory frameworks in the Blood Collection Tubes Market?
5. What is the market share of the leading vendors in the Blood Collection Tubes Market?
6. What modes and strategic moves are considered suitable for entering the Blood Collection Tubes Market?
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