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(Medical-NewsWire.com, November 10, 2017 ) The global capillary blood collection devices market is expected to reach USD11.11 billion by 2023, and the market is projected to grow at a CAGR of ~ 5.2 % during the forecast period 2017-2023.
Capillary blood collection devices markets are test and collection vessels used for sampling, collection and testing of blood samples. Capillary blood collection devices provide easy handling and also provide protection from light and contamination along with providing mechanical protection. In addition to the above, capillary blood collection devices offers exact filling volume. The various capillary blood collection devices are lancet, collection tubes and warming devices.
Lancets are incision devices used to puncture or cut the skin to obtain capillary blood while Micro-container tubes are used to collect minute volumes of blood via capillary puncture. Microhematocrit tubes are used primarily for blood collection and testing.
The market for the global capillary blood collection devices is driven by rise in screening and diagnostics for various diseases, owing to the health awareness which has led to the growth in demand for blood collection, testing and sampling, along with growing preference for disposable product, etc. The market restraints are risks associated with contamination, falling costs of capillary blood collection products, pressure on prices, low quality products from unknown location etc. Product development will be an attractive strategy to pursue for the expansion of the market.
Key Players in the Global Capillary blood collection devices Market: Danaher , Sarstedt AG & Co., Becton, Dickinson and Company, Medtronic, Thermo Fisher Scientific Inc., Kabe Labortechnik GmbH, Terumo Medical Corporation, Greiner Bio One International GmbH, and Improve Medical Technology Co. and others.
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The global capillary blood collection devices market has been segmented on the basis of material, devices and end users.
Based on material, the market has been segmented as plastic, glass, stainless steel, ceramic and others.
Based on devices, the market has been segmented as lancets, micro-container tubes, micro-hematocrit tubes, warming devices and others.
Based on the end users, the market has been segmented as hospitals and clinics, point of care, blood donation centers, diagnostic centers and others.
The Americas account for a significant market share owing to extensive use of screening and high expenditure on the health care due to high healthcare expenditure of the US. Additionally, the fastest uptake of new instruments and surgical techniques in the US drives the capillary blood collection devices market. The good reimbursement scenario and the greater awareness in the developed regions drive the market.
Europe is the second largest market in the world due to high income and healthcare penetration.
Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.
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Table Of Contents
1. Introduction
1.1 Definition
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure
2. Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators
4. Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
5. Global Capillary Blood Collection Devices Market, By Material
5.1 Introduction
5.2 Plastic
5.3 Glass
5.4 Stainless Steel
5.5 Ceramic
5.6 Others
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