Global Vacutainer Market Projected to Reach USD 4,600.00 Million by 2026

19-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Vacutainer Market By Type (Serum Separating Tubes, EDTA Tubes, Plasma Separation Tubes, and Others), By Application (Venous Blood Collection, and Capillary Blood Collection): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Vacutainer market in 2019 was approximately USD 3,500 million. The market is expected to grow at a CAGR of around 4.0% and is anticipated to reach around USD 4,600 million by 2026.

Vacutainer Market

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A vacutainer tube for blood collection is a sterilized plastic or glass tube with an end that is displaced to form a vacuum inside the tube simplifying the draw of a prearranged volume of fluid. These tubes are regularly utilized to collect blood samples in venipuncture; as well as serum separator tubes and urine collection tubes. Vacutainer tubes might enclose additives considered to preserve and stabilize the specimen former to analytical testing. Tubes are accessible with or without a safety-engineered finish, with a diversity of closure colors and labeling options as well as a broad range of draw volumes.

Browse the full “Vacutainer Market By Type (Serum Separating Tubes, EDTA Tubes, Plasma Separation Tubes, and Others), By Application (Venous Blood Collection, and Capillary Blood Collection): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/vacutainer-market-type-serum-separating-tubes-edta-tubes-820

The increasing number of accidents and trauma cases in worldwide regions is one of the most vital factors propelling the growth of the global vacutainer market. The increasing trend in road traffic injuries and death has been alarming in countries such as India. Such factors increase demand for vacutainer in various hospitals in India and in turn drive industry growth over the forecast timeline. Rising prevalence of infectious diseases such as dengue, chickenpox is expected to drive global vacutainer market growth over the forecast period.

The global vacutainer market is expected to grow owing to the in-demand by rising customer consciousness and an extensive focus on research and development by key players. The adversarial reaction is an unwanted effect or in a patient, which is temporally related to the administration of blood or blood component. Such a factor may hamper the market’s growth. Research and development, innovations activities in the technology of the vacutainer and increased government investment in healthcare industries are anticipated to open new avenues for the vacutainer market in the near future.       

On the basis of type, the global vacutainer market is segmented as EDTA tubes, plasma separation tubes, serum separating tubes, and others. Amongst which the serum separating tubes segment was accounted for the major revenue share in the global vacutainer market in 2019. The serum separating tubes segment dominates the overall market throughout the forecast period. The plasma separation tubes segment is anticipated to grow at significant CAGR and will boost the vacutainer market in India during the forecast period. In 2019, the serum separating tubes segment was accounted for more than 40.0% of the global vacutainer industries.

On the basis of application, the global vacutainer market is categorized into venous blood collection, and capillary blood collection. Among these segments, the venous blood collection segment was accounted for more than 60.0% revenue share in 2019. The venous blood collection market is driven by the rising screening and diagnostics for several diseases, growing health consciousness leading to rising demand for blood collection instruments for sampling, and with the rising preference for one-use products. Product innovation and development can be an attractive strategy for escalating the global vacutainer market.

On the basis of the sales channel, the global vacutainer market is categorized into venous blood collection, and capillary blood collection. Among the aforementioned segment, the direct sales segment was accounted for more than 30.0% revenue share in 2019.

On the basis of region the vacutainer market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the North American region dominates the vacutainer market among all the regions followed by Europe in terms of value.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 3,500 Million

Projected Market Size in 2026

USD 4,600 Million

CAGR Growth Rate

4.0% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Terumo, BD, Sekisui, GBO, FL medical, Sarstedt, Improve Medical, Narang Medical, Hongyu Medical, TUD, Gong Dong, Sanli, Labtech Disposables, CDRICH, LevramLifesciencesPvt Ltd, and Others

Key Segment

By Type , Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Some of the key players operating in the market include

Terumo, BD, Sekisui, GBO, FL medical, Sarstedt, Improve Medical, Narang Medical, Hongyu Medical, TUD, Gong Dong, Sanli, Labtech Disposables, CDRICH, LevramLifesciencesPvt Ltd, among others.

This report segments the global vacutainer market as follows:

By Type Analysis

  • Serum Separating Tubes
  • EDTA Tubes
  • Plasma Separation Tubes
  • Others

By Application Analysis

  • Venous Blood Collection
  • Capillary Blood Collection

By Regional Analysis

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

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