Global Blood Collection Tubes Market is Likely to Grow a CAGR of 9.47% during the Forecast Period

The latest market report published by Credence Research, Inc. “Global Blood Collection Tubes Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Blood Collection Tubes Market generated revenue of around USD 1,406.03 million in 2021 and is anticipated to grow a CAGR of over 9.47% during the forecast period from 2022 to 2028 to reach around USD 2,674.50 million in 2028. While, cumulative growth opportunity presented by the global Blood Collection Tubes is around USD 14.54 billion during 2022 to 2028.

Global Blood Collection Tubes Market, 2021 – 2028 (USD Million) 

Browse the full report at  Blood Collection Tubes Market Size, Trends, Share and Growth Report Forecast to 2028 | Credence Research

Blood Collection Tubes are made up of unbreakable PET material. Blood Collection Tubes plays very important role in precise diagnostics and analysis of blood samples. It also very important in research laboratories to carry out accurate analysis of samples. Blood Collection Tubes prevents contamination of samples. Global Blood Collection Tubes market reached over 16.5 billion units in 2021.

Serum Separating Tubes to Grow at Rapid Pace

Plasma Separation Tube, Heparin Tubes, Serum Separating Tubes, EDTA Tubes, Rapid Serum Tubes and Others are some of the important types of Blood Collection Tubes used across different applications. However, Serum Separating Tubes are growing in demand and held significant share in total revenue generation with over 35% in 2021. While, Plasma Separation Tube and EDTA Tubes segments are poised to play important role growth of Blood Collection Tubes in the years to come.

Diagnostic Centers to Govern Future Growth of Blood Collection Tubes Industry

Diagnostic Centers, Blood Banks, Healthcare Centers and Research and Development Centers are major applications for the global Blood Collection Tubes industry. Diagnostic Center held the largest share of global Blood Collection Tubes industry in 2021 with over 45% contribution to revenue generated by Blood Collection Tubes market. While, healthcare facilities, Research and Development Centers and Blood Banks are likely to grow at a rapid pace over the forecast period.

North America is Leading Blood Collection Tubes Demand

North America is leading the Blood Collection Tubes industry with over 35% share in 2021. Increasing demand for Blood Collection Tubes in North America is in turn fueling the demand for Blood Collection Tubes in the region. U.S. and Canada are major markets for Blood Collection Tubes sin the region. While, UK, Germany and France are leading the demand for Blood Collection Tubes in Europe. Brazil, Egypt, South Africa, Vietnam, etc. are most prominent economies for Blood Collection Tubes. Asia Pacific hold the huge growth potential in the years to come.

Major players operating in the Blood Collection Tubes industry include but not limited to Becton Dickinson and Company, Greiner Bio-One (GBO), QIAGEN N.V., Terumo Corporation, FL Medical srl, Abbott, Medtronic, IMPROVE MEDICAL INSTRUMENTS Co. Ltd., Cardinal Health, Biosigma, SARSTEDT AG & Co. KG and Sunphoria Co., Ltd. Global Blood Collection Tubes market is characterized by the presence of large number of manufacturers across the world. However, tops five players held over 40% share in 2021. Increasing production capacity in order to achieve economies of scale and growing in market share is primary focus of the industry participants.

Market Segmentation

Global Blood Collection Tubes Market by Type, 2016 – 2028

  • Plasma Separation Tube
  • Heparin Tubes
  • Serum Separating Tubes
  • EDTA Tubes
  • Rapid Serum Tubes
  • Others

Global Blood Collection Tubes Market by End-user, 2016 – 2028

  • Diagnostic Centers
  • Healthcare Centers
  • Research and Development Centers
  • Blood Banks

Global Blood Collection Tubes Market by Company, 2016 – 2028

  • Becton Dickinson and Company
  • Greiner Bio-One (GBO)
  • Terumo Corporation
  • FL Medical srl
  • Abbott
  • Medtronic
  • Cardinal Health
  • Biosigma
  • Sunphoria Co., Ltd.
  • Others