Capillary Blood Collection Devices Market is Expected to Grow at a CAGR of ~ 5.2 % over the Forecast Period 2017-2023

Market Research Future has a half cooked research report on the global capillary blood collection devices market. Capillary Blood Collection Devices Market is Expected to Grow at a CAGR of ~ 5.2 % over the Forecast Period 2017-2023
Capillary Blood Collection Devices Market Information: By Material (Plastic, Glass, Stainless Steel, Ceramic, Others) By Devices (Lancets, Micro-Container Tubes, Micro-Hematocrit Tubes, Warming Devices, Others) By End Users (Hospitals And Clinics, Point Of Care, Blood Donation Centers, Diagnostic Centers, And Others) - Global Forecast Till 2023
Market Highlights:
Capillary blood collection devices are test and collection vessels used for collection, sampling, and testing of blood samples. Capillary blood collection devices provide for easy handling, physical and light protection, and also provide protection from contamination. In addition to above, capillary blood collection devices offers exact filling volume.
The recent developments in the capillary blood collection devices treatment include dried blood spot sampling. Dried blood spot sampling requires very small quantity of blood which is absorbed on a filter paper card. The card absorbs the blood and dries it which allows for ease of transportation and storage. There is also an increasing trend towards miniaturization of devices in a quest to evolve into hassle free healthcare. Development of advanced materials such as plastics and inner coatings have developed the market further.
The market drivers for capillary blood collection devices are, growth in demand for blood collection and testing, increase in demand for improved blood collection and sampling, and growing preference for disposable product, rise in screening and diagnostics etc. The market restraints are risks associated with contamination, falling costs of products, pressure on prices, low quality products from unknown location etc.
Global Capillary blood collection devices Market Players
Key players profiled in the report are Danaher Corporation, Sarstedt AG & Co., Becton, Dickinson and Company, Medtronic, Thermo Fisher Scientific Inc., Kabe Labortechnik GmbH, Terumo Medical Corporation, Greiner Bio One International GmbH, and Improve Medical Technology Co. and others.

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Market scenario
Capillary blood collection devices are test and collection vessels used for sampling, collection and testing of blood samples. Capillary blood collection devices provide easy handling and also provide protection from light and contamination along with providing mechanical protection. In addition to the above, capillary blood collection devices offers exact filling volume. The various capillary blood collection devices are lancet, collection tubes and warming devices.
Lancets are incision devices used to puncture or cut the skin to obtain capillary blood while Micro-container tubes are used to collect minute volumes of blood via capillary puncture. Microhematocrit tubes are used primarily for blood collection and testing.
The market for the global capillary blood collection devices is driven by rise in screening and diagnostics for various diseases, owing to the health awareness which has led to the growth in demand for blood collection, testing and sampling, along with growing preference for disposable product, etc. The market restraints are risks associated with contamination, falling costs of capillary blood collection products, pressure on prices, low quality products from unknown location etc. Product development will be an attractive strategy to pursue for the expansion of the market.
The global capillary blood collection devices market is expected to reach USD11.11 billion by 2023, and the market is projected to grow at a CAGR of ~ 5.2 % during the forecast period 2017-2023.
Regional Analysis
The Americas account for a significant market share owing to extensive use of screening and high expenditure on the health care due to high healthcare expenditure of the US. Additionally, the fastest uptake of new instruments and surgical techniques in the US drives the capillary blood collection devices market. The good reimbursement scenario and the greater awareness in the developed regions drive the market.
Europe is the second largest market in the world due to high income and healthcare penetration.
Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.
Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Capillary Blood Collection Devices Market” Research Report – Forecast till 2023.
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Segmentation
The global capillary blood collection devices market has been segmented on the basis of material, devices and end users.
Based on material, the market has been segmented as plastic, glass, stainless steel, ceramic and others.
Based on devices, the market has been segmented as lancets, micro-container tubes, micro-hematocrit tubes, warming devices and others.
Based on the end users, the market has been segmented as hospitals and clinics, point of care, blood donation centers, diagnostic centers and others.
The report for Global Capillary blood collection devices market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Table of contents
1. Introduction

1.1 Definition

1.2 Scope of Study

1.2.1 Research Objective

1.2.2 Assumptions & Limitations

1.2.2.1 Assumptions

1.2.2.2 Limitations

1.3 Market Structure

2. Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3. Market dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Macroeconomic Indicators

4. Market factor analysis

4.1 Porters Five Forces Model

4.2 Bargaining Power of Suppliers

4.3 Bargaining Power of Buyers

4.4 Threat of New Entrants

4.5 Threat of Substitutes

4.6 Intensity of Rivalry

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