Europe to dominate vacuum bloodcollection system market with EU dominating the market throughout the forecastperiod
The VacuumBlood Collection Report Covers Market analysis across regions – NorthAmerica, Europe, Asia Pacific, Latin America, Middle East and Africa.
Vacuum Blood Collection MarketIntroduction
Vacuum blood collection tube hasgained significant valuation in the last few decades. Emergence of this technology has led tosignificant drop in overall blood contamination; while offering ease-of-use andaccuracy in blood to additive ratios. As a result, many laboratories are wellcharacterized by presence of vacuum blood collection tubes. Vacuum blood collectiongained major market share at start of 1970’s wherein many leading players alongwith new entrants emerged in the market. Since then, the growth was howeverstaggering before making major leap at start of 21st century. This bloodcollection tube industry is expected to create significant market opportunityover the forecast period 2016-2023. Vacuum blood collection system is a doublepointed needle with a plastic holder and series of vacuum tubes with stoppersat the end.
Technological advancement towardsoffering better therapeutic results with single drop blood along with risingpharmaceutical R&D spending to create good market prospects for theindustry leaders
Rising incidences of diseases,changing lifestyle, increasing surgical and transfusion procedures andemergence of many new diagnostic centers in developing regions is expected tocreate substantial market opportunities for the players.
* The sample copy includes: Report Summary, Table ofContents, Segmentation, Competitive Landscape, Report Structure, Methodology.
Request a sample copyof this report: https://www.coherentmarketinsights.com/insight/request-sample/32
Moreover, the system has itsadded advantage over other blood collection technique. It is light weight,close loop, safety protection cap and easy to handle making it preferablechoice among end-users. High shelf life also makes it one of the key productsavailable in the market. It has a long shelf life of as high as 16 months.
On the basis of product, vacuumblood collection tube has been segmented into gel tube, heparin tube, EDTAtube, serum tubes and others.
By end-use, pathologylaboratories are expected to dominate the market throughout the forecast period.However, clinics are expected to gain significant traction over the forecastperiod.
Global vacuum blood collectionsystem market is witnessing a positive trend with Europe dominating the market.The region is primarily driven by Germany and UK. EU-5 accounted for over 70%of the regional market. The region is however, expected to lose a major chunkof the market in near future.
North America trails Europe withboth regions accounting for over 57% of global market. The region is primarilydriven by U.S.
Penetration rate of vacuum bloodcollection tube in Asia Pacific is low compared to developed regions. However,is expected to witness huge growth over the time frame. China and India areexpected to drive the market in near forecast period.
Browse ResearchReport: https://www.coherentmarketinsights.com/ongoing-insight/vacuum-blood-collection-system-market-3
Latin America and MEA areexpected to grow at relatively sluggish rate.
China based players are gainingsignificant market traction and are expected to capture major chunk of themarket in developing regions.
Some of the key players in thevacuum blood collection system market include
Terumo, Shandong Wego, HebeiXinle Sci&Tech Co.,LTD, Dickinson and Company (US), Sunphoria Co., Ltd.,Narang Medical Limited, CML Biotech, Bio – X, Labtech Disposables, Becton
Key Developments
Major companies in the vacuumblood collection market are focused on expanding their business in untappedregions. For instance, in July 2019, Terumo BCT, a company that develops andprovides blood component and cellular technologies expanded its business insub-Saharan Africa. The company started its first regional office in the regionin Nairobi that is expected to focus on providing access to an adequate, safeand sustainable blood supply.
Furthermore, players in themarket are also focused on upgrading and launching new products to expand theirproduct portfolio. For instance, in its financial year 2018, Greiner Bio-Oneextended its range of safety products with an additional safety bloodcollection set: The VACUETTE SAFETY Winged Set. The company also launched theVACUETTE Serum Fast Tube and VACUETTE SAFELINK tube holder with integrated LuerLock connector.
Major companies are also focusedon adopting acquisition strategies to expand their product portfolio. Forinstance, in April 2018, Sekisui Chemical Co., Ltd., a company that offersdisposable clinical examination materials including plastic vacuum bloodcollection tubes, acquired all of the shares in Veredus Laboratories Pte. Ltd.,a company that develops, manufactures and sells molecular analyzers anddiagnostic reagents.
Buy-Now this researchreport: https://www.coherentmarketinsights.com/insight/buy-now/3
AboutCoherent Market Insights:
CoherentMarket Insights is a prominent market research and consulting firm offeringaction-ready syndicated research reports, custom market analysis, consultingservices, and competitive analysis through various recommendations related toemerging market trends, technologies, and potential absolute dollaropportunity.
ContactUs:
mailto:sales@coherentmarketinsights.com
U.S.Office:
Name: Mr. Shah
CoherentMarket Insights 1001 4th Ave,
# 3200Seattle, WA 98154, U.S.
US : +1-206-701-6702
UK : +44-020-8133-4027
JAPAN : +050-5539-1737
