Analysis of the Blood Collection Tubes Market from 2019 To 2028

Blood Collection Tubes are widely used in healthcare industry for the purpose of blood collection, sampling, blood culture among others. These collection tubes contain heparin which stabilizes the red blood cell membrane and are used for hematology studies such as fragility tests and several specialized chemistry tests. The blood collection tubes are mostly lighter than glass, unbreakable, and provide easy disposal. The market has rising demand due to growing incidence of different diseases and rising patient inflow for treatment has led the demand for market. Furthermore, growing road accidents, injuries, and diseases among others has increased the demand for market worldwide.

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MARKET DYNAMIC- GLOBAL BLOOD COLLECTION TUBES MARKET

The global blood collection tubes has growing demand due to factors like rise in the number of surgical procedures and accidents across the globe which has led the growing demand for market. The increasing number of infectious diseases, rising cancer, heart surgeries among others has propel the demand for market to huge extent. Also, increase in aging population coupled with widespread of diseases has increasing demand for market. For instance according to United Nations, Department of Economic and Social Affairs, globally, there were 703 million older person aged 65 or over in 2019. Also, Eastern and Southern Eastern Asia had the largest number of world’s older population (260 million) followed by Europe and Northern America over 200 million. In addition, over next three decades the global number of older person is projected to be more than double reaching over 1.5 billion person in 2050. Furthermore, increasing blood collection and blood donation programs globally is the key factor accelerating the growth of market. 

COVID 19 IMPACT ON GLOBAL BLOOD COLLECTION TUBES MARKET REPORT

The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the blood collection tubes market. In addition, complete analysis of changes on the blood collection tubes market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market.  The COVID-19 impact on the global blood collection tube was positive due to increasing COVID-19 testing across the globe for identifying the presence of virus has significantly increased the demand for market. 

BLOOD COLLECTION TUBES MARKET SEGMENTAL OVERVIEW

The blood collection tubes market comprises of different market segment like product type, end-user and geography

BLOOD COLLECTION TUBES MARKET BY PRODUCT TYPE

The blood collection tubes is available in market according different product type including serum separating tubes, edta tubes, plasma separation tubes, rapid serum tubes, others. Serum separating tubes is increasingly having growth demand in global blood collection tubes market. The factors contributing in the market growth are the tubes are majorly use to obtain and separate the serum sample. These are mostly used in medical clinical chemistry test when blood serum are mostly required. Adding to that these tubes contain a special gel that separate blood cells from the serum as well as practice to cause blood to clot quickly. In addition, EDTA Tubes is expected to witness growth at specific growth rate as the tubes are mostly used for hematology procedures. It is primarily used for CBC and individual components of CBC. Also, the tube has no anticoagulant and is used in many chemistry test, and blood bank, surgical and other procedures. 

BLOOD COLLECTION TUBES MARKET BY END-USER

The blood collection tubes market finds its major end user in diagnostic centers, healthcare centers and research and development centers. Diagnostic Centers is expected to dominate in the market during forecast period owing to increasing different diseases diagnosis, blood testing requirement the segment has growing requirement for blood collection tubes identifying the type of disease. Also, healthcare centers followed and research and development centers by have growing requirement for blood collection. In research and development centers, these blood collection tubes are majorly used for blood sampling, blood collection, and to perform research based on different infectious diseases which is likely to contribute healthy growth in the market during the forecast period.

BLOOD COLLECTION TUBES MARKET BY GEOGRAPHY

The global blood collection tubes market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). North America is anticipated to gain major market share during the forecast period. The rising demand for market is due to increasing prevalence of different infectious disease, blood disorders, injuries, growing number of diagnosis process, rising surgical procedures , transfusion has led the demand for market. Besides, growing healthcare facilities and infrastructure has further enhanced the growth of market in the region. Furthermore, growing research and development in the region has accelerated the market growth. Also, Asia Pacific followed by Europe are expected to witness the growth at fastest pace during the forecast period. The growing burden of different disease and patient inflow for diagnosis and treatment has increased the demand for the market. 

BLOOD COLLECTION TUBES MARKET KEY PLAYER

The key players in blood collection tubes market are Becton, Dickinson and Company, Greiner Bio One International GmbH, QIAGEN, Fl Medical s.r.l., AdvaCare Pharmaceuticals, Narang Medical Limited, Sarstedt AG & Co, Hindustan Syringes & Medical Devices Ltd, Abbott, Medtronic, Improve Medical Instruments Co. Ltd, Cardinal Health, Biosigma, Sunphoria Co., Ltd. and Terumo Corporation. 

RECENT DEVELOPMENTS:

May 2020: Q-Sera Pty Ltd had announced the collaboration with JHL Biotech, Inc. (Taiwan) to produce high yielding recombinant ecarin for commercial scale production of RAPClot Rapid Serum tubes. Adding to that Q-Sera had developed a serum/blood clotting tube, RAPClot TM Rapid Serum tube for widespread use in hospitals and pathology labs. Also, RAPClot TM Rapid Serum blood collection tubes are coated with RAPClot, a recombinant ecarin resulting in tube which rapidly produce high quality serum including for blood samples that contain anti-coagulants. These benefits will further provide cost efficiencies for healthcare system and improve outcomes for patients. 

December 2019: SiO2 Materials Science had launched the Synergy Tube, a proprietary blood collection tube as the company’s first genetic diagnostic product on the market. The synergy tube is a BCT specifically designed to optimize nucleic acid recovery and cancer tumor cells (CTC) from the point of blood draw. The synergy tube and proprietary stabilizer dramatically improve the quantity and quality of these component for downstream genetic diagnostics.   

May 2019: Greiner Bio- One had announced the launch of newly designed MiniCollect K2EDTA Capillary collection tube. These tube are intended for the collection, transport and evaluation of capillary samples. The redesigned product includes an integrated scoop allowing the droplets of blood to be collected easily following skin puncture and reducing the number of accessories required. 

February 2018: Becton, Dickinson and Company had announced the commercial availability of CE-IVD market PAXgene Blood ccfDNA tube within the European Economic Area and Switzerland (Western Europe). The plastic blood collection tube which includes a proprietary sample stabilization additive and  BD Vacutainer Hemogard technology to protect the healthcare worker safety which was designed to ensure accurte and reproducible results in molecular diagnostic testing application circulating cell free DNA such as cancer and noninvasive prenatal tests. Adding to that the product was developed by PreAnalytiX GmbH, a joint venture between BD and QIAGEN.

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