Global Phlebotomy Tubes Market – Insights
The process of making a puncture in a vein using a needle is called phlebotomy. The process is used to collect blood. This procedure is referred as a venipuncture. Medical testing, blood donation and transfusion, and R&D in disease diagnosis are some of the applications in which phlebotomy tubes are used.
Global Phlebotomy Tubes Market: Drivers
Phlebotomy tubes are used both for coagulation and anti-coagulation blood tests. Increasing use of blood tests in diagnosis of various diseases is expected to boost growth of the global phlebotomy tubes market over the forecast period. For instance, according to Velano Vascular’s estimation, in the U.S., nearly 800 blood draws are performed every minute. Each blood draw might be associated with multiple phlebotomy tubes.
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Increasing prevalence of diabetes is also expected to boost growth of the market. According to 2015 National Institute for Health and Clinical Excellence (NICE) guidelines, patients with type 1 diabetes should test their blood sugar levels at least 4 times per day. According to the Centers for Disease Control and Prevention (CDC) National Diabetes Statistics Report, 2014, about 1.25 million people in the U.S. suffer from type 1 diabetes, out of which 20,000 are 20 years of age.
Increasing prevalence of malaria is also expected to boost growth of the global phlebotomy tubes market. For instance, According to World Health Organization (WHO), in 2017, there were an estimated 219 million cases of malaria in 87 countries. Moreover, increasing awareness regarding regular blood tests for fatal diseases, which do not show any early symptoms is also expected to contribute to the market growth.
Global Phlebotomy Tubes Market Taxonomy
On the basis types of test, the global phlebotomy tubes market is classified into:
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- Coagulation Blood Test
- Anticoagulation Blood Test
- Others
On the basis of tube top color, the global phlebotomy tubes market is classified into:
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- Yellow Top Tube
- Light Blue Top Tube
- Red Top Tube
- Green Top Tube
- Gray Top Tube
- Others
On the basis of end-user, the global phlebotomy tubes market is classified into:
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- Hospitals
- Diagnostic Centers
- Laboratories
- Medical Clinics
- Others
On the basis of region, the global phlebotomy tubes market is classified into:
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- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
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Global Phlebotomy Tubes Market: Regional Analysis
Asia Pacific is expected to witness significant growth in the global phlebotomy tubes market over the forecast period. This is attributed to increasing prevalence of diabetes in the region. For instance, according to Asia Diabetes Prevention Initiative, around 60% of the world’s diabetic population resides in Asia, with India and China accounting for a significant share.
Global Phlebotomy Tubes Market: Competitive Landscape
Major players operating in the global phlebotomy tubes market include, CML Biotech Pvt. Ltd., Ajosha BioTeklik Pvt. Ltd., Medical Expo, Advacare Pharma, Gosselin, New MicroMed International Pvt. Ltd., Greiner BioOne, and FL Medical.
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