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A Deep Dive into Capillary Blood Collection Devices Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
How Are the key drivers contributing to the expansion of the capillary blood collection devices market?The growth of the capillary blood collection devices market is anticipated to be fueled by the rising incidence of chronic illnesses. These are ongoing health issues requiring regular management and treatments. The surge in chronic illnesses can be linked to aspects like aging populations, unhealthy lifestyles, environmental factors, and progress in medical diagnostics which enable more precise disease identification. Through facilitating consistent, convenient, and less invasive blood assessments, capillary blood collection devices allow patients and healthcare professionals to better manage chronic ailments, enhancing patient outcomes and life quality. For example, in December 2023, as per the Australian Bureau Statistics, an independent national statistical authority from Australia, it was reported that around 49.9% Australians had at least one chronic illness in 2022. The most frequently occurring conditions were mental and behavioral disorders (26.1%), back issues (15.7%), and arthritis (14.5%). It was found that approximately 81.4% Australians had at least one long-term health condition, accounting for nearly 20.7 million people. Moreover, in April 2024, Allergy UK, a national charity based in the UK, revealed that over 21 million individuals in the UK were afflicted by allergies, making it the most commonly reported chronic illness in 2022. Predictions suggest that by 2026, half the population of Europe will suffer from at least one allergy. Thus, the increasing occurrence of chronic diseases is propelling the growth of the capillary blood collection devices market.
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What growth opportunities are expected to drive the capillary blood collection devices market's CAGR through 2034?
Over the past few years, there has been a significant growth in the market size of capillary blood collection devices. It is projected to expand from $2.41 billion in 2024 to $2.74 billion in 2025, achieving a compound annual growth rate (CAGR) of 13.5%. Factors such as heightened awareness of disease testing, an increase in home healthcare services, the expanding elderly population, a greater emphasis on prophylactic medicine, and the enlargement of testing for infectious diseases have all contributed to the historical period growth.
The market for capillary blood collection devices is set to witness a significant surge in size over the next few years, expanding to $4.49 billion by 2029, with a compound annual growth rate (CAGR) of 13.2%. This upward trend during the forecast period can be linked to factors such as the growing preference for point-of-care testing, the escalating prevalence of chronic illnesses, increasing necessity for monitoring patients remotely, heightened focus on preventive healthcare, and rising awareness surrounding infectious diseases. Key market trends anticipated throughout this period encompass point of care testing, technological progress, microfluidics, personalized healthcare, and remote patient monitoring.
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What are the emerging trends shaping the future of the capillary blood collection devices market?
Key players in the capillary blood collection devices market are concentrating their efforts on creating innovative products such as neonatal and pediatric capillary blood sampling tools to meet the unique needs and obstacles in healthcare environments serving infants and young children. One such example is Owen Mumford Ltd., a UK medical device organization, which in October 2023, introduced Unistik Heelstik, a capillary blood sampling series designed specially for neonates and children. This set features four blood sampling instruments, each tailored for a different growth stage: Unistik Heelstik Toddler, Full Term, Preemie, and Micro Preemie. These tools aim to address the problem of gaining acceptable sample volumes from capillary blood sampling in newborns and older infants while minimizing discomfort for the child. The Unistik Heelstik devices carefully target surface blood vessels to avoid deep penetration that could cause pain in the skin.
Which growth-oriented segments of the capillary blood collection devices market are leading the industry's development?
The capillary blood collection devices market covered in this report is segmented -
1) By Product: Lancets, Micro-Container Tubes, Micro-Hematocrit Tubes, Warming Devices, Other Product
2) By Materials: Plastic, Glass, Stainless Steel, Ceramic, Other Materials
3) By Application: Whole Blood, Serum Protein Tests, Comprehensive Metabolic Panel Tests, Liver Function Tests, Dried Blood Spot Tests
4) By End-Users: Hospitals And Clinics, Blood Donation Centers, Diagnostic Centers, Home Diagnosis, Pathology Laboratories
Subsegments:
1) By Lancets: Safety Lancets, Standard Lancets, Precision Lancets, Multi-Use Lancets
2) By Micro-Container Tubes: Plastic Micro-Containers, Glass Micro-Containers, Capillary Blood Collection Tubes With Anticoagulants, Capillary Blood Collection Tubes For Serum
3) By Micro-Hematocrit Tubes: Plastic Micro-Hematocrit Tubes, Glass Micro-Hematocrit Tubes, Capillary Blood Collection Tubes For Hematocrit Testing
4) By Warming Devices: Thermal Warming Pads, Electric Warming Devices, Infrared Warming Devices, Handheld Warming Devices
5) By Other Products: Blood Collection Systems, Collection Caps And Caps For Microtubes, Blood Sample Storage Devices
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North America was the largest region in the capillary blood collection devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the capillary blood collection devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the capillary blood collection devices market?
Major companies operating in the capillary blood collection devices market are Cardinal Health Inc., F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Danaher Corporation, Novo Nordisk A/S, Becton Dickinson and Company, Henry Schein Inc., Terumo Medical Corporation, Smiths Medical ASD Inc., QIAGEN N.V., Gerresheimer AG, Radiometer America Inc., Greiner Bio-One International GmbH, SARSTEDT AG & Co. KG, Natus Medical Incorporated, Ypsomed Holding AG, Nipro Europe N.V., SEKISUI Medical Co. Ltd., Owen Mumford Ltd., PTS Diagnostics, Narang Medical Limited, Drew Scientific Group, B. Braun Lanka (Pvt) Ltd., HTL-STREFA S.A., Chengdu Rich Science Industry Co. Ltd
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What Is Covered In The Capillary Blood Collection Devices Global Market Report?
•Market Size Forecast: Examine the capillary blood collection devices market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the capillary blood collection devices market for a structured understanding.
•Key Players Overview: Analyze major players in the capillary blood collection devices market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the capillary blood collection devices market.
•Segment Contributions: Evaluate how different segments drive overall growth in the capillary blood collection devices market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the capillary blood collection devices market.
•Industry Challenges: Identify potential risks and obstacles affecting the capillary blood collection devices market.
•Competitive Landscape: Review strategic developments in the capillary blood collection devices market, including expansions, agreements, and new product launches.
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