Global Blood Collection Tubes Industry Market Report by 2026

Global Blood Collection Tubes Industry Market Report by 2026

According to the report, the blood collection tubes market is expected to grow from USD 3,640 million in 2019 to USD 4,790 million by 2026, growing at a CAGR of 4% from 2019 to 2026.

The increase in aging population and widespread diseases have become the main driver of growth. Furthermore, the growing demand for accuracy and precision in the medical tests are the key factors driving the demand for blood collection tubes. However, the cost of blood handling equipment restrains the growth of the blood collection tubes market.

Blood collection tube is made up of disinfected glass or plastic tube with a closure that is evacuated to create a vacuum inside the tube to enable the suction of a predetermined volume of liquid. These tubes are most commonly used to collect blood samples, but can also be used as urine collection tubes and as serum separator tubes. Blood collection tubes are essential for diagnostics, in surgeries and for transfusion procedures.

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Competitive Insights

The major global blood collection tubes market competitors include Becton Dickinson, Immucor, Sarstedt, Greiner Group, QIAGEN N.V., Terumo Corporation, FL Medical, Haemonetics, Beckman Coulter, AdvaCare Pharmaceuticals, and etc.

Regional Insights

In 2018, the global blood collection tubes market was mainly concentrated in the three regions of Asia-Pacific, North America and Europe, with the market share of 26%, 38% and 26% respectively, accounting for a total of 90%. North America is the largest market for blood collection tubes due to the increased level of awareness, government support and advancements in blood collection technologies.

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Type Insights

The various product types are Plasma Separation Tube, Heparin Tubes, Serum Separating Tubes, EDTA Tubes, Rapid Serum Tubes, and Others.

Application Insights

The blood collection tubes are deployed in various end users: Hospital, Clinic, Blood Centre, healthy Institutions, Other.

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l   Base Year: 2018

l   Estimated Year: 2019

l   Forecast Period: 2019 to 2026

Audience

l   Blood collection tubes manufacturers

l   Blood collection tubes industry associations

l   Product managers, blood collection tubes industry administrator, C-level executives of the industries

l   Government agencies and NGOs

l   Research & Clinical Laboratories

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