Capillary Blood Collection Devices Market Size, Share, Growth Report 2032

Capillary Blood Collection Devices Market

Capillary Blood Collection Devices Market - By Product (Lancets, Warming Devices, Micro-Container Tubes, and Micro-Hematocrit Tubes), By Application (Whole Blood, Comprehensive Metabolic Panel Tests, Dried Blood Spot Tests, Liver Function Tests, and Plasma Tests), By Material (Plastic, Stainless Steel, Glass, and Ceramic), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Category: Medical Device Report Format : PDF Pages: 178 Report Code: ZMR-6685 Published Date: Sep-2021 Status : Published
Market Size in 2020 Market Forecast in 2028 Growth Rate (in %) Base Year
USD 2.8 billion USD 10.9 billion CAGR at 5.8% 2020

Capillary Blood Collection Devices Market

The global Capillary Blood Collection Devices Market accrued earnings worth approximately 2.8 (USD Billion) in 2020 and is predicted to gain revenue of about 10.9 (USD Billion) by 2028, is set to record a CAGR of nearly 5.8% over the period from 2021 to 2028. The report offers assessment and analysis of the Capillary Blood Collection Devices Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Capillary Blood Collection Devices Market: Outlook

Rise in cases of chronic ailments and autoimmune disorders are some of the major aspects contributing towards massive demand for capillary blood collection devices. Moreover, blood collection from capillaries is a painless method and this kind of collected blood is sent for clinical tests. With massive use of point-of-care testing procedures, the method of collecting blood from capillaries has gained widespread popularity and this has transformed into humongous demand for capillary blood collection devices market. Apart from this, innovations in warming equipment and micro hematocrit methods will create new growth avenues for capillary blood collection devices market over forecasting timespan.Global Capillary Blood Collection Devices MarketRequest Free Sample

Capillary Blood Collection Devices Market: Growth Factors

Large-scale use of capillary blood collection equipment for testing of hemoglobin & glucose in hospital as well as clinics will drive industry trends. Need for safe blood assortment methods, rise in demand for enhanced blood sampling methods, and inclination towards use of disposable products for labs will prompt expansion of capillary blood collection devices market over anticipated timeline. Increase in non-communicable & contagious diseases will proliferate expansion of capillary blood collection devices industry over the years ahead. Massive use of automated equipment for collecting blood from infants and new-born babies has resulted into massive product penetration in healthcare sector across globe. Citing an instance, in April 2017, NIH researchers had demonstrated efficacy of Accriva Diagnostics Tenderfoot ® equipment, an automated capillary blood collection device, for blood sampling. Moreover, the device usage resulted in least pain in infants. Reportedly, the device enabled single skin incision in about 98% of infants with heel squeezing restricted to about 6% of infants, and NIPS score to be lower in comparison to other capillary blood collection devices.

Capillary Blood Collection Devices Market: Report Scope

Report Attributes Report Details
Report Name Capillary Blood Collection Devices Market Research Report
Market Size in 2020 USD 2.8 billion
Market Forecast in 2028 USD 10.9 billion
Growth Rate CAGR of 5.8%
Number of Pages 178
Key Companies Covered Becton, Dickinson and Company; Terumo Medical Corporation; Cardinal Health; B Braun Melsungen AG; Bio One International GmbH; NIPRO Europe Corporation; Sarstedt AG & Co; Thermo Fisher Scientific Inc.; Kabe Labortechnik GmbH; Greiner and Owen Mumford Ltd.
Segments Covered By Product, By Application, By Material, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2020
Historical Year 2018 to 2020
Forecast Year 2021 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Furthermore, ease of utility and minimally invasive nature of capillary blood collection devices will enhance growth potential of capillary blood collection devices market during forecast period. Need for determining leukocyte & metabolite count, lactate proportion, biomarkers, and nucleic acid through blood sample collection will enlarge scope of capillary blood collection devices industry over the upcoming years.

Regional Outlook

North America To Contribute Majorly Towards Overall Market Size By 2028

Growth of capillary blood collection devices industry in North America during assessment period is due to rise in incidences of chronic & contagious ailments in countries such as the U.S. In addition to this, presence of giant players in countries such as Canada and the U.S. will proliferate expansion of capillary blood collection devices market size over upcoming years. Rise in diabetics has resulted into massive product penetration in North America. Additionally, presence of strong healthcare infrastructure units and high funding of healthcare research activities will transform the growth phase of regional market over the years to come.  

Competitive Outlook

Key players contributing towards market size and profiled in report include:

  • Becton
  • Dickinson and Company
  • Terumo Medical Corporation
  • Cardinal Health
  • B Braun Melsungen AG
  • Bio One International GmbH
  • NIPRO Europe Corporation
  • Sarstedt AG & Co
  • Thermo Fisher Scientific Inc.
  • Kabe Labortechnik GmbH
  • Greiner and Owen Mumford Ltd.

The global Capillary Blood Collection Devices Market is segmented as follows:

By Product

  • Lancets
  • Micro-Container Tubes
  • Micro-Hematocrit Tubes
  • Warming Devices

By Application

  • Whole Blood
  • Comprehensive Metabolic Panel Tests
  • Dried Blood Spot Tests
  • Liver Function Tests
  • Plasma Tests

By Material

  • Plastic
  • Stainless Steel
  • Glass
  • Ceramic

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Industry developments will be influenced by the widespread use of capillary blood collection devices for evaluating haemoglobin and glucose in hospitals and clinics. The market for capillary blood collection devices is expected to grow throughout the projected time period due to factors such as the need for secure blood collection techniques, an increase in demand for improved blood sampling techniques, and a propensity for using disposable items in labs.

The market for capillary blood collection devices generated about 2.8 billion dollars in revenue in 2020, and it is anticipated to reach around 10.9 billion dollars in revenue by 2028.

The Global Capillary Blood Collection Devices Market is anticipated to record a CAGR of nearly 5.8% from 2021 to 2028.

The prevalence of chronic & contagious diseases in nations like the U.S. has contributed to the growth of the capillary blood collection devices sector in North America during the assessment period. Also, the existence of major players in nations like Canada and the United States

The Global Capillary Blood Collection Devices Market is led by players like Becton, Dickinson and Company; Terumo Medical Corporation; Cardinal Health; B Braun Melsungen AG; Bio One International GmbH; NIPRO Europe Corporation; Sarstedt AG & Co; Thermo Fisher Scientific Inc.; Kabe Labortechnik GmbH; Greiner and Owen Mumford Ltd.

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