What is Capillary Blood Collection Tubes?
Capillary Blood Collection tubes draw blood into the micro tubes via capillary action, eliminating the need for scooping. Because the capillary tube is also anticoagulant-coated, the blood sample immediately mixes with it to prevent clotting. The length of the capillary tube is equal to the stated fill volume when filled end-to-end. This results in tissue-free samples, reduced clotting, precise sample volume, fewer redraws, and improved patient comfort. A capillary connects an arteriole (small artery) to a venue (small vein), forming a network of blood vessels that extends throughout the body. Capillaries are involved in the exchange of fluids and gases between tissues and the blood, and their walls are thin and leaky.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Radiometer (Denmark), Sarstedt AG & Co. KG (Germany), BD (United States), Covidien (Ireland), Thermo Fisher Scientific (United States), Kabe Labortechnik GmbH (Germany), Terumo Medical Corporation (Japan), Allegro Medical Supplies Inc. (United States), Greiner Bio One International GmbH (Austria) and Improve Medical Technology Co. Ltd. (China) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Plastic Blood Collection Tubes, Glass Blood Collection Tubes, Stainless Steel Blood Collection Tubes and Ceramic Blood Collection Tubes) , by application (Whole Blood, Plasma, Serum Protein Tests, Comprehensive Metabolic Panel (CMP) Tests, Liver Panel, Liver Profile, Liver Function Tests and Dried Blood Spot Tests) and major geographies. Research Analyst at AMA predicts that United States & Chinese Players will contribute to the maximum growth of Global Capillary Blood Collection Tubes market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Capillary Blood Collection Tubes market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Radiometer (Denmark), Sarstedt AG & Co. KG (Germany), BD (United States), Covidien (Ireland), Thermo Fisher Scientific (United States), Kabe Labortechnik GmbH (Germany), Terumo Medical Corporation (Japan), Allegro Medical Supplies Inc. (United States), Greiner Bio One International GmbH (Austria) and Improve Medical Technology Co. Ltd. (China).
Market Overview:
On 19th May 2022, Radiometer has announced that it will purchase its current Turku facility and expand its production and R&D capabilities, thereby expanding its global immunoassay business. Radiometer is strengthening its global production and development activities by transitioning from a lease agreement to ownership of the site to accommodate the future growth of its global immunoassay business.
Capillary blood collection tubes meet the definition of regulated waste, a liquid or semi-liquid blood or other potentially infectious materials, contaminated items that would release blood or other potentially infectious materials in a liquid or semi-liquid state if compressed, items that are caked with dried blood or other potentially infectious materials and are capable of releasing these materials during handling, contaminated sharps, and pathological and microbiological wastes containing blood or other potentially infectious materials. As such, regulated waste must be discarded according to paragraph, Other Regulated Waste Containment, and placed in a closed container constructed to prevent spillage or protrusion of contents during handling, storage, transport, or shipping and labeled or color-coded in accordance with paragraph.
Companies are attempting to diversify their product pipelines by submitting new molecule applications or broadening the applications of existing molecules. Other strategies, such as mergers and acquisitions, industry-academic collaborations to commercialize more marketed molecules, or sequencing approaches, will have an effect on current market trends. The study also examines the strengths, weaknesses, opportunities, and threats of individual company’s product development strategies and market consolidation initiatives.
Capillary Blood Collection Tubes Market Dynamics:
Attributes | Details |
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Growth Drivers | - Improving Healthcare Infrastructure
- Increasing Healthcare Spending
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Major Trends | - Use of Aseptic Techniques during Patient Care
- Rising Demand for Safe and Reliable Equipment for Blood Collection
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Restraints | - Lack of Skilled Personnel
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Road Blocks / Challenges | - Presence of Competitors
- Risk associated with Blood Transfusion
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Gaps & Opportunities | - Increasing Demand for Apheresis
- Technological Developments in Capillary Blood Collection Tubes
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Key highlights of the Global Capillary Blood Collection Tubes market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Capillary Blood Collection Tubes market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Capillary Blood Collection Tubes market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Capillary Blood Collection Tubes Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Capillary Blood Collection Tubes market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Capillary Blood Collection Tubes market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Capillary Blood Collection Tubes Providers, Research institutes, Healthcare service providers and clinical research organizations, Capillary Blood Collection Tubes Manufacturer, Capillary Blood Collection Tubes Supplier & Distributor, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.