Global Vacuum Blood Collection Tube Market Overview

A vacuum collection tube comprises a sterile glass or plastic tube with a closure that creates a vacuum seal inside the tube. This tube is used to collect blood samples directly from the patient’s veins. Market Research Future’s (MRFR) latest report claims that the global Vacuum Blood Collection Tube Market Size is set to register a lucrative CAGR of 11.6% through the forecast period of 2018-2027. Many factors are causative to the growth of the market. Some of the noteworthy factors include heavy investments in vacuum blood collection devices, increasing blood transfusion and rising adoption of blood collection devices. For example, as per the American National Red Cross, around 13.6 million whole blood and red blood cells are collected annually, only in the U.S.

Furthermore, the demand for safe and reliable blood collection equipment and the use of aseptic techniques during patient care are also contributing to the ascension of the global vacuum blood collection tube market. Blood tests are carried out to diagnose numerous diseases such as diabetes, HIV, anemia, as well as cardiovascular diseases. This is estimated to bolster market growth to new heights. Even though the global vacuum blood collection tubes market has many factors causing the augmentation of growth, a few factors are acting as restraints during the forecast period. Lack of skilled personnel and significant risks involved with blood transfusion are predicted to hinder growth in the global vacuum blood collection tubes market.

Key Players

The Vacuum Blood Collection Tube Market is similarly studied for the influence of various market players’ activities during the forecast period. The MRFR report has mentioned many prominent players including Dickinson and Company (US), Becton, Sunphoria Co., Ltd. (Taiwan), CML Biotech, Bio – X, Narang Medical Limited, Labtech Disposables, Sekisui Chemical Co. Ltd, HUMAN (US), Hebei Xinle Sci &Tech Co.,LTD (China), Terumo (Japan), GBO, Medtronic (US), and Sarstedt.

Market Segmentation

The vacuum blood collection tube market is studied for many segments based on type, application, end-user, and region. Based on type, the vacuum blood collection tube market is segmented into gel and clot activator tube, heparin tubes, EDTA tubes, and serum separating tubes.

On the basis of application, the vacuum blood collection tubes market is segmented into blood routine examination, biochemical test, coagulation testing, and blood segmentation testing. The vacuum blood collection tube market on the basis of end-user is segmented into hospitals, clinics, pathology laboratories, blood banks, and outpatient centers.

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Detailed Regional Analysis

The global vacuum blood collection tube market is regionally segmented into North America, South America, Europe, Asia Pacific, and the Middle East & Africa. North America has been further sub-segmented into the U.S. and Canada. The Americas  (North America and South America) are estimated to comprise the largest market for vacuum blood collection tubes through the forecast period.  The Americas are also expected to register a steady upscale at 5.8% CAGR through the assessment period. Growth in these regions can be majorly accredited to an increase in blood testing and rising prevalence of new diseases.

Europe is anticipated to follow the Americas and garner the second largest market share for vacuum blood collection tubes. The region is also anticipated to burgeon at a 6.5% CAGR through the review period. Asia Pacific is expected to be the quickest growing region for vacuum blood collection tubes during the conjectured period. The Middle East & Africa is expected to grow at a steady pace during the forecast period. With the proliferation in the adoption of advanced technology, the Middle East & Africa are anticipated to realize a large number of cases of infections which go unnoticed due to lack of proper healthcare infrastructure.