Market Research Future published a Half – Cooked research report on “Global Vacuum Blood Collecting Tube Market Research Report – Forecast to 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.
Vacuum blood collection system are blood collection and storage devices consisting a double-pointed needle, adaptor which utilize the power of vacuum to withdraw blood. The global vacuum blood collection tube market is projected to grow at a high single digit CAGR.
Growing demand for blood collection devices owing to growth in prevalence of diseases such as diabetes, infectious diseases and others are the prime drivers of the market. The World Health Organizations estimates the global prevalence of diabetes to grow to 438 million by 2030 from just 285 million in 2015. Alarming rise in the number of cases in developing regions such as India which is called the diabetes capital of the world. India has almost 50 million diabetics, which is projected to reach 87 million patients by 2030.
Product development such as growing adoption of non-friable plastic material, advanced vacuum sealing mechanisms, secure tagging and identification technologies are driving the market. Development of toughened portable containers designed to withstand high stress is another product development.
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Growing blood donations, and government support for screening and infectious diseases control are driving the market. For example, the affordable act has made it compulsory for testing and screening of newborn babies for genetic diseases which will charge the market. The replacement of glass multiuse devices by plastic single use devices will also drive the market.
Large fragmentation and competition has added to the woos of the market due to pricing pressures. The falling costs has resulted in scramble for market share which has been bagged by low quality manufactures from developing nations such as China with poor environmental practices.
To generate an accurate assessment of the market the global vacuum blood collection tube market is segmented by type, end users and regions.
Based on type the report has been segmented by gel & clot activator tube, EDTA Tubes, heparin tube, serum tube and others. Based on end users the market is segmented into clinics, hospitals, pathology laboratories and others.
North America accounts for the largest market share of global vacuum blood collection tube. Growing demand owing to growth of newborn testing under the affordable care act, large health care expenditure and large public healthcare expenditure amounting to 16 % of the GDP are the drivers of the U.S. market.
Europe secured the second largest market position by value for vacuum blood collection tube led by Germany, France and the U.K. The Asia Pacific market is led by China, Japan, India and South Korea. The development of large industrial base and economy of China is giving an impetus to the market.
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The Middle East and Africa market is expected to deliver a slower growth owing to poor healthcare penetration. The Gulf economies of Saudi Arabia are expected to account for the Middle East and Africa market for vacuum blood collection tubes due to development and expansion of health care facilities.
Narang Medical Limited
Dickinson and Company (US)
Hebei Xinle Sci&Tech Co.
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Study Objectives of Vacuum blood collection tube Market:
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Vacuum blood collection tube market.
- To provide insights about factors affecting the market growth
- To analyze the Vacuum blood collection tube market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segments by type, by end users and its sub-segments.
- To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Vacuum blood collection tube market.
Vacuum Blood Collection Tube Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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