Overview:
Vacuum blood collection tube is a sterile glass or plastic test tube with a colored rubber stopper creating a vacuum seal inside of the tube, facilitating the drawing of a predetermined volume of liquid. The advent of this technology has resulted in a significant drop in the overall blood contamination; while offering ease of use and accuracy in blood to additive ratio. Thus, labs around the world began to use vacuum blood collection tubes. In a vacuum tube, the vacuum pressure ensures that the correct volume of blood enters the tube from the needle.
Moreover, blood collection systems have an added advantage over other collection techniques. It is easy to handle, lightweight, and comes with a safety cap, making it a perfect choice among end users. Moreover, it has a long shelf life of as high as 16 months.
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Drivers:
High prevalence of diseases, rising pharmaceutical R&D spending to offer better therapeutic results with single drop blood, increasing surgical and transfusion procedures, rising number of diagnostic centers, and changing lifestyle is expected to boost growth of the global vacuum blood collection system market over the forecast period.
Regional Insights:
The global vacuum blood collection market is divided into six regions, such as North America, South America, Asia Pacific, Europe, Middle East, and Africa.
North America and Europe are expected to witness robust growth in the global vacuum blood collection market. The European market is primarily driven by United Kingdom and Germany, whereas the North American market is primarily driven by the United States.
Moreover, Asia Pacific is expected to witness significant growth in the market over the forecast period. India and China are expected to drive the market growth.
Competitive Landscape:
Key players active in the global vacuum blood collection market are CML Biotech, Bio – X, Narang Medical Limited, Sunphoria Co., Ltd., Labtech Disposables, Terumo, Shandong Wego, Becton, Dickinson and Company, and Hebei Xinle Sci&Tech Co., Ltd.
Key Developments:
Market players are focusing on expanding their business in untapped regions. For instance, in February 2019, Terumo BCT expanded its footprint into sub-Saharan Africa. Moreover, market players are focusing on launching new products to expand their product portfolio. For instance, in July 2018, Greiner Bio-One expanded its range of safety products for blood collection to provide functional, user-friendly, and patient-friendly product solutions. The existing range will be joined by the new VACUETTE SAFETY Winged Set.
Furthermore, players in the market are adopting various strategies, such as merger-acquisition, to strengthen their product portfolio. For instance, in April 2018, Sekisui Chemical Co., Ltd. acquired all of the shares in Veredus Laboratories Pte. Ltd., which develops, manufactures, and sells molecular analyzers and diagnostic reagents.
Reasons To buy The Vacuum Blood Collection System Market Report:
➛ In-depth analysis of the market on the global and regional levels.
➛ Major changes in market dynamics and competitive landscape.
➛ Segmentation on the basis of type, application, geography, and others.
➛ Historical and future market research in terms of size, share growth, volume, and sales.
➛ Major changes and assessment in market dynamics and developments.
➛ Emerging key segments and regions
➛ Key business strategies by major market players and their key methods.
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Points cover in Global Vacuum Blood Collection System Market Research Report:
Chapter 1: Overview of Global Vacuum Blood Collection System Market (2022-2028)
- Definition
- Specifications
- Classification
- Applications
- Regions
Chapter 2: Market Competition by Players/Suppliers 2022 and 2028
- Manufacturing Cost Structure
- Manufacturing Process
- Industry Chain Structure
Chapter 3: Sales (Volume) and Revenue (Value) by Region (2022-2028)
- Sales
- Revenue and market share
Chapter 4, 5 and 6: Global Vacuum Blood Collection System Market by Type, Application & Players/Suppliers Profiles (2022-2028)
- Market Share by Type & Application
- Growth Rate by Type & Application
- Drivers and Opportunities
- Company Basic Information
Chapter 7, 8 and 9: Global Vacuum Blood Collection System Manufacturing Cost, Sourcing & Marketing Strategy Analysis
- Key Raw Materials Analysis
- Upstream Raw Materials Sourcing
- Marketing Channel
Chapter 10 and 11: Vacuum Blood Collection System Market Effect Factors Analysis and Market Size (Value and Volume) Forecast (2022-2028)
- Technology Progress/Risk
- Sales Volume, Revenue Forecast (by Type, Application & Region)
Chapter 12, 13, 14 and 15: Global Vacuum Blood Collection System Market Research Findings and Conclusion, appendix and data source
- Methodology/Research Approach
- Data Source (Secondary Sources & Primary Sources)
- Market Size Estimation
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