Vacutainers for Capillary Blood Collection Market Key Players Analysis, Size, Growth, Trends and Forecast up to 2031
Vacutainers for Capillary Blood Collection Market Key Players Analysis, Size, Growth, Trends and Forecast up to 2031
Published by top news
Posted on August 5, 2021
Rise in demand for serologic analysis and biopsy is evident due to high prevalence of numerous chronic diseases in the geriatric population. Changing demographics (ageing population) across developed regions is the requirement for medical equipment & devices at healthcare centres. Vacutainer manufacturers are concentrating on improving shelf life and production output to cater the growing market demand, globally. Increase in liquid biopsy analysis for non-invasive diagnostic applications and growing importance of pre-donation screening in blood transfusion are key enablers driving demand for vacutainers (vacuum-based blood collection tubes).
At present, North America holds the largest (over 50%) revenue in the global vacutainer market, owing to well-established healthcare facilities in the region since decades, especially in United States. As per the report published by Fact.MR, the global vacutainer market is anticipated to exceed a valuation of US$ 2.4 Bn by 2021, and is expected to expand at an impressive CAGR of more than 7% over the forecast period of 2021 to 2031.
To remain ‘ahead’ of your competitors, request a sample
In 2020, one-half of market revenue was generated solely by North America.
Vacutainers with additives account for more than 80% of global sales, and are utilised at large in North America.
In 2020, North America and Europe together accounted for three-fourth global market share. The European market is expected to offer more than US$ 440 Mn absolute dollar opportunity over the next ten years.
The market is highly concentrated in nature, with companies such as Becton, Dickinson & Company and Medtronic PLC holding around 33% of the global market share.
In terms of buyer, hospitals and clinics held around 38% of overall market share in 2020.
Application in venous blood collection amounts for over 65% overall demand.
The market in East Asia is projected to expand at a CAGR of around 11% throughout 2021-2031, while that in China at 14.5%.
Fact.MR has studied the vacutainer market with detailed segmentation on the basis of additive, application, buyer, material, and key regions.
Additive
Without/No Additives
With Additives
Application
Venous Blood Collection
Capillary Blood Collection
Buyer
Research Laboratories
Hospitals and Clinics
Diagnostic Chains
Material
Plastic (PET)
Glass
Regions
North America
Latin America
Europe
MEA
East Asia
South Asia
Oceania
“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”
Analysis on Market Size Evaluation
The market has been analyzed for each market segment in terms of volume (Mn Units) and value (US$ Mn).
Market estimates at global and regional levels for vacutainers are available in terms of “US$ Mn” for value and in “Mn Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective of vacutainers.
For critical insights on this market, request for methodology here-
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include Porter’s five forces analysis and PESTLE analysis (political, economic, social, technology, legal, and environment outlook), which are expected to have a momentous influence on the growth of the vacutainer market during the forecast period.
Country-specific valuation on demand for vacutainers has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value and volume for emerging countries has also been included in the report.
Winning Strategy
Advancements in technology related to medication and new ways of drawing blood for biopsy are likely to impact the current medical equipment market in the near future. Devices such as Velano Vascular’s PIVO, which provided a new approach to draw blood and made it easier to avoid acute pain through its needle-less blood drawing system, are the future of blood drawing systems. Owing to the needs of end users, innovation in vacutainers that allow an individual to collect blood (with less penetration of needles) without the support of doctors or clinical staff can be a key winning strategy for manufacturers.
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global vacutainer market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study reveals essential insights on the basis of additive (with and without/no additive tubes), application (venous and capillary blood collection), buyer (research laboratories, hospitals & clinics, and diagnostic chains), and material (plastic (PET) and glass tubes), across seven regions of the world (North America, Latin America, Europe, MEA, East Asia, South Asia and Oceania).
Liuyang Sanli Medical Technology Development Co., Ltd
Zhejiang Hongyu Medical Commodity Co. Ltd
3M Company
Siemens Healthineers AG
GABA Therwil GmbH
Stryker Corporation
Baxter International
Medline Industries, Inc.
Boston Scientific Corporation
Guangzhou Improve Medical Instruments Co., Ltd
InterVacTechnology
VacuSEL
Ayset Tibbi Urunler Ve Plast Tekselektr Gida Tem Madd Ins Mut San As
PLASTI LAB SARL
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Rise in demand for serologic analysis and biopsy is evident due to high prevalence of numerous chronic diseases in the geriatric population. Changing demographics (ageing population) across developed regions is the requirement for medical equipment & devices at healthcare centres. Vacutainer manufacturers are concentrating on improving shelf life and production output to cater the growing market demand, globally. Increase in liquid biopsy analysis for non-invasive diagnostic applications and growing importance of pre-donation screening in blood transfusion are key enablers driving demand for vacutainers (vacuum-based blood collection tubes).
At present, North America holds the largest (over 50%) revenue in the global vacutainer market, owing to well-established healthcare facilities in the region since decades, especially in United States. As per the report published by Fact.MR, the global vacutainer market is anticipated to exceed a valuation of US$ 2.4 Bn by 2021, and is expected to expand at an impressive CAGR of more than 7% over the forecast period of 2021 to 2031.
To remain ‘ahead’ of your competitors, request a sample
In 2020, one-half of market revenue was generated solely by North America.
Vacutainers with additives account for more than 80% of global sales, and are utilised at large in North America.
In 2020, North America and Europe together accounted for three-fourth global market share. The European market is expected to offer more than US$ 440 Mn absolute dollar opportunity over the next ten years.
The market is highly concentrated in nature, with companies such as Becton, Dickinson & Company and Medtronic PLC holding around 33% of the global market share.
In terms of buyer, hospitals and clinics held around 38% of overall market share in 2020.
Application in venous blood collection amounts for over 65% overall demand.
The market in East Asia is projected to expand at a CAGR of around 11% throughout 2021-2031, while that in China at 14.5%.
Fact.MR has studied the vacutainer market with detailed segmentation on the basis of additive, application, buyer, material, and key regions.
Additive
Without/No Additives
With Additives
Application
Venous Blood Collection
Capillary Blood Collection
Buyer
Research Laboratories
Hospitals and Clinics
Diagnostic Chains
Material
Plastic (PET)
Glass
Regions
North America
Latin America
Europe
MEA
East Asia
South Asia
Oceania
“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”
Analysis on Market Size Evaluation
The market has been analyzed for each market segment in terms of volume (Mn Units) and value (US$ Mn).
Market estimates at global and regional levels for vacutainers are available in terms of “US$ Mn” for value and in “Mn Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective of vacutainers.
For critical insights on this market, request for methodology here-
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include Porter’s five forces analysis and PESTLE analysis (political, economic, social, technology, legal, and environment outlook), which are expected to have a momentous influence on the growth of the vacutainer market during the forecast period.
Country-specific valuation on demand for vacutainers has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value and volume for emerging countries has also been included in the report.
Winning Strategy
Advancements in technology related to medication and new ways of drawing blood for biopsy are likely to impact the current medical equipment market in the near future. Devices such as Velano Vascular’s PIVO, which provided a new approach to draw blood and made it easier to avoid acute pain through its needle-less blood drawing system, are the future of blood drawing systems. Owing to the needs of end users, innovation in vacutainers that allow an individual to collect blood (with less penetration of needles) without the support of doctors or clinical staff can be a key winning strategy for manufacturers.
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global vacutainer market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study reveals essential insights on the basis of additive (with and without/no additive tubes), application (venous and capillary blood collection), buyer (research laboratories, hospitals & clinics, and diagnostic chains), and material (plastic (PET) and glass tubes), across seven regions of the world (North America, Latin America, Europe, MEA, East Asia, South Asia and Oceania).
Liuyang Sanli Medical Technology Development Co., Ltd
Zhejiang Hongyu Medical Commodity Co. Ltd
3M Company
Siemens Healthineers AG
GABA Therwil GmbH
Stryker Corporation
Baxter International
Medline Industries, Inc.
Boston Scientific Corporation
Guangzhou Improve Medical Instruments Co., Ltd
InterVacTechnology
VacuSEL
Ayset Tibbi Urunler Ve Plast Tekselektr Gida Tem Madd Ins Mut San As
PLASTI LAB SARL
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates