Press release
Global Serum Separation Gel Market Outlook, Growth, Trends 2024-2033
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Serum Separation Gel Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $12.58 billion In 2028 At A CAGR Of 9.0% :
The serum separation gel market size has grown strongly in recent years. It will grow from $8.22 billion in 2023 to $8.92 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to the surge in the current healthcare expenditure, increased demand for diagnostic testing, growth of the healthcare industry, expansion of research and development activities, and rise in prevalence of chronic diseases.
The serum separation gel market size is expected to see strong growth in the next few years. It will grow to $12.58 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to the increasing incidence of hematologic disorders, emphasis on point-of-care testing, increased number of contract research organizations, expansion in emerging markets, and demand for personalized medicine. Major trends in the forecast period include personalized medicine applications, development of novel gel formulations, increased focus on eco-friendly and sustainable practices, integration with digital health technologies, and growth in research for infectious disease diagnostics.
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Serum Separation Gel Market Major Segments
The serum separation gel market covered in this report is segmented -
1) By Type: Serum Separation Gel Integrated With Tube, Serum Separation Gel Without Tube
2) By Formulation: Powder Gel, Liquid Gel
3) By End User: Hospitals And clinics, Pharmaceutical And Biotechnology Companies, Diagnostic Laboratories, Blood Banks
Key Driver - Rising Demand For Dignostic Testing Is Driving The Serum Separation Gel Market
The rising demand for diagnostic testing is expected to propel the growth of the serum separation gel market going forward. Diagnostic testing refers to the process of identifying diseases or conditions in individuals through the analysis of biological samples, such as blood or tissue, to determine the presence or absence of specific markers or abnormalities. The demand for diagnostic testing is rising because it helps in detecting diseases at early stages when treatment is most effective, as well as in preventive healthcare measures to assess risk factors and guide interventions. The serum separation gel is utilized in diagnostic testing to separate serum from blood cells, enabling accurate analysis of biochemical markers and the detection of various diseases. For instance, in March 2024, according to the House of Commons, a UK-based government office, there was a 13% increase in diagnostic tests in January 2024, compared to January 2020. Therefore, the rising demand for diagnostic testing is driving the growth of the serum separation gel market.
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Prominent Trend - Introduction Of Serum Fast Separator Tubes In Advancing Blood Sample Processing
Major companies operating in the serum separation gel market are focused on developing novel product solutions, such as serum fast separator tubes, to gain a competitive edge in the market. A serum fast separator tube refers to a tube designed with a specialized gel or clot activator additive that facilitates rapid separation of serum from whole blood following centrifugation. For instance, in May 2023, Greiner Bio-One, an Austria-based biotechnology company, launched VACUETTE CAT Serum Fast Separator. It facilitates complete coagulation of the whole blood sample in approximately 5 minutes, providing a significant time benefit over standard serum tubes. The interior of the shatter-resistant VACUETTE CAT Serum Fast Separator Tube is covered with blood clot activator and thrombin. The tube contains a gel that serves as a durable barrier between the serum and the solid components. Thrombin, in addition, accelerates the clotting process in blood samples.
Serum Separation Gel Market Players
Major companies operating in the serum separation gel market report are Cardinal Health Inc.; Thermo Fisher Scientific Inc.; Danaher Corporation; Becton Dickinson and Company; Corning Incorporated; Bio-Rad Laboratories Inc.; Qiagen NV; Bio-Techne Corporation; Greiner Bio-One International GmbH; Sarstedt AG & Co. KG; Sekisui Diagnostics LLC; InterVac Technology Corporation; BioVision Inc.; Deltalab S.L.; Narang Medical Limited; Biosigma S.p.A.; BIOSIGMA S.r.l.; Helena Biosciences; FL Medical Srl; Kabe Labortechnik GmbH
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Largest And Fastest Growing Region In The Market
North America was the largest region in the serum separation gel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the serum separation gel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Serum Separation Gel Market Report Structure
3. Serum Separation Gel Market Trends And Strategies
4. Serum Separation Gel Market - Macro Economic Scenario
5. Serum Separation Gel Market Size And Growth
…..
27. Serum Separation Gel Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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