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Blood Collection Tube Market Driven By Technological Advancements Trend: A Crucial Influence on the Blood Collection Tubes Market's Transformation in 2025

02-28-2025 01:54 PM CET | Health & Medicine

Press release from: The Business Research Company

Blood Collection Tubes Market

Blood Collection Tubes Market

What industry-specific factors are fueling the growth of the blood collection tubes market?
The escalating trend of chronic illnesses is propelling the blood collection tube market's expansion. Chronic diseases are enduring health issues that typically evolve at a slow pace. Chronic diseases such as diabetes, cancer, and tuberculosis, which are commonly examined via blood collection and testing, are seeing a steady rise due to poor lifestyle choices and exposure to hazardous behaviors like tobacco use, exposure to smoke, bad nutritional habits - consuming food high in salt and saturated fats and low in fruits and vegetables - and physical inactivity. This continuous uptick in infectious diseases and associated diagnostic procedures is driving the increased use of blood collection devices. For example, in February 2024, the World Health Organization, a Switzerland-based United Nations agency, projected that over 35 million new cancer cases will occur by 2050, which implies a 77% rise compared to the estimated 20 million cases in 2022. Thus, the growing prevalence of chronic diseases is poised to heighten the demand for blood collection tubes in the coming years.

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What Is the projected market size and growth rate for the blood collection tubes market?
In recent times, the market size for blood collection tubes has experienced robust growth. The market will enhance from $6.5 billion in 2024 to $6.93 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.6%. This historic period growth is driven by factors such as the growth within the animal feed industry, expansion in meat and poultry production, efficient nutrient sources, utilization of waste in abattoirs, and the production of organic fertilizers.

Expectations are high for robust expansion in the blood collection tubes market in the coming few years. It's projected that by 2029, this market will be worth "$9.75 billion, growing at a compound annual growth rate (CAGR) of 8.9%. This expected growth during the forecast period could be attributed to the burgeoning aquaculture industry, expansion of insect farming, growth of the global population, applications in biomedical research, and an expanded market for organic products. Technological advancements in processing, research and development in animal nutrition, exploration in blood meal-based biostimulants, trends toward organic and non-GMO products and the development of hydrolyzed blood meal are among the significant trends forecast for this period.

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What new trends are reshaping the blood collection tubes market and its opportunities?
The rise of technology is a fundamental trend that is garnering significant attention in the blood collection tube industry. Prominent companies in this market are creating new technologies to cater to the escalating demands of the industry and strengthen their global business footprint. For example, Rhinostics Inc., a medical device manufacturing company based in the US, unveiled a novel automated sample collection tool called the Veristic in June 2022. This patent-pending device, which revolutionizes small-volume blood collection, is perfectly suited for at-home and clinician-assisted collections. It serves as an efficient high-capacity replacement for the detection of antibodies, hormones, and proteins, sexually transmitted infections (STIs), dried blood spot (DBS) cards, genetic testing, and clinical trials among other applications made possible by a simple finger prick collection.

What major market segments define the scope and growth of the blood collection tubes market?
The blood collection tubes market covered in this report is segmented -

1) By Product Type: Plasma Separating Tube, Serum Separating Tube, Heparin Tubes, EDTA Tubes, Rapid Serum Tubes, Other Product Types
2) By Material: Glass, Plastic
3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-Users

Subsegments:
1) By Plasma Separating Tube: Gel Plasma Separating Tubes, Non-Gel Plasma Separating Tubes
2) By Serum Separating Tube: Gel Serum Separating Tubes, Non-Gel Serum Separating Tubes
3) By Heparin Tubes: Lithium Heparin Tubes, Sodium Heparin Tubes
4) By EDTA Tubes: K2 EDTA Tubes, K3 EDTA Tubes
5) By Rapid Serum Tubes: Standard Rapid Serum Tubes, Clot Activator Rapid Serum Tubes
6) By Other Product Types: Blood Culture Bottles, Specialized Collection Tubes

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Which region dominates the blood collection tubes market?
North America was the largest region in the blood collection tube market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global blood collection tube market report during the forecast period. The regions covered in the blood collection tubes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the blood collection tubes industry growth?
Major companies operating in the blood collection tubes market include Becton Dickinson and Company, Greiner AG, Qiagen NV, Sarstedt AG & Co. KG, Terumo Corporation, FL Medical SRL, AdvaCare Pharma, Cardinal Health Inc., Haematonics, Narang Medical Limited, Chengdu Rich Science Industry Co. Ltd., DWK Life Sciences, Fresenius Kabi AG, Grifols S.A., Hindustan Syringes & Medical Devices Ltd., Sekisui Chemical Co. Ltd., InterVacTechnology Inc., Advin Health Care, MB Plastic Industries, Biota, Nipro Medical Corporation, CML Biotech Pvt. Ltd., CDRICH Corporation, Biosigma Srl, VWR International LLC, Abbott Laboratories Inc., Danaher Corporation, Medline Industries Inc., Owens & Minor Inc.

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What Is Covered In The Blood Collection Tubes Global Market Report?

• Market Size Forecast: Examine the blood collection tubes market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the blood collection tubes market for a structured understanding.
• Key Players Overview: Analyze major players in the blood collection tubes market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the blood collection tubes market.
• Segment Contributions: Evaluate how different segments drive overall growth in the blood collection tubes market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the blood collection tubes market.
• Industry Challenges: Identify potential risks and obstacles affecting the blood collection tubes market.
• Competitive Landscape: Review strategic developments in the blood collection tubes market, including expansions, agreements, and new product launches.

Learn More About The Business Research Company
The Business Research Company provides in-depth research and insights through a vast collection of 15,000+ reports spanning 27 industries and over 60 geographies. Backed by 1,500,000 datasets, extensive secondary research, and expert insights from industry leaders, we equip you with the knowledge needed to stay ahead in the market.

Our flagship offering, the Global Market Model, is a leading market intelligence platform that delivers comprehensive and up-to-date forecasts to support strategic decision-making.

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Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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