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Blood Collection Tubes Market Revenue and Share by Manufacturers Forecast 2021-2030

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Kanika Bath
Blood Collection Tubes Market Revenue and Share by Manufacturers Forecast 2021-2030

The Global Blood Collection Tubes Market size is estimated to be USD 1.78 billion in 2019 and is predicted to reach USD 3.42 billion by 2030 with a CAGR of 6.1% from 2020-2030.

Blood collection tubes are sterile test tube made out of glass or plastic and are used to collect blood specimen for testing. These tubes contain a rubber stopper that creates a vacuum seal inside of the tube, which in turn enables drawing an exact volume of blood from the patient. These tubes contain additives designed to stabilize and preserve the specimen before analytical testing. Medical devices manufactures have made substantial advancements in the blood collection products. The blood collection tube system make blood draws safer and easier, and there results are more accurate compared to any other blood collection technique.

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Top Companies: Beckton Dickinson and Company, Greiner Group, Terumo Corporation, Abbott Laboratories, Cardinal Health, Qiagen N.V, Improve Medical Instruments., Medtronic, Chengdu Rich Science Industry and others.

Increasing demand for accuracy and precision in the analytical testing is expected to be the primary driving force of the blood collection tubes market. Growing demand for safe blood collection technologies, increase in demand for improved blood sampling techniques, and growth in preference towards disposable products for laboratory also contribute to higher adoption of advanced blood collection tubes. In addition to this, increasing number of trauma cases and accidents and growing number of surgeries across the globe are some of the additional factors contributing to the growth of this market. However, high cost of blood handling equipment and lack of skilled personnel restrain the growth of this market.

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The blood collection tubes market share is analysed on the basis of type, material, end user and geography. The type segment covers the market for plasma separating tube, serum separating tube, heparin tubes, EDTA tubes, rapid serum tubes, and others. On the basis of material the market is segmented into glass and plastic. The end user segment comprises of hospitals and clinics, research centres, diagnostic laboratories and others. The geographical segmentation covers North America, Europe, Asia Pacific, and Rest of the World.

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