Global Blood Collection Tubes Market Is Anticipated To Witness Growth Due To Growing Investment For Healthcare Infrastructure And Increasing Healthcare Expenditure

 

Blood Collection Tubes
Blood Collection Tubes

Overview:

Blood collection tubes are used for a variety of laboratory tests. These include DNA extraction and extraction of RNA. They are commonly used for molecular nucleic acid testing. However, they can also be used for serology, immunology, and chemistry tests. Most blood collection tubes are made of glass or plastic. This allows them to be transported at room temperature. They can be used with manual and automated processes. They are available in several different types and sizes. Some are designed for capillary or venous blood, while others are used for plasma biochemistry. They are often packaged with additives to maintain the blood components. Some of these include sodium fluoride and potassium oxalate. The additives help preserve the sample and keep it from separating during storage. Blood culture tubes are made of glass or plastic and must be sterilized before use. Using contaminated blood culture tubes can result in erroneous results.

Market Dynamics:

 

Increasing product launches is anticipated to propel growth of the global blood collection tubes market over the forecast period. For instance, Abacus dx launched RNA Complete BCT, to their blood collection tube portfolio in February 2022. Moreover, lack of skilled professionals and increasing costs of the equipment is estimated to hinder growth of the global blood collection tubes market over the forecast period.

 

Impact of COVID-19:

The pandemic was a huge threat to the world and it also affected many countries. Several countries like Spain, China, Italy, the US, India, UAE, Australia and many more were continuously battling the virus, to prevent it from spreading, The number of COVID-19 cases were increasing with each passing day and this also led to increase in the number of testing. Several hospitals and labs were carrying out testing of blood samples for detections and early treatment of the disease. This led to increase in demand for blood collection tubes. This had a positive impact on the global blood collection tubes market.

Key Takeaways:

The global blood collection tubes market is anticipated to witness significant growth, exhibiting CAGR of XX% over the forecast period, owing to growing expansion by key players. For instance, the MiniCollect PIXIE Heel Incision Safety Lancet was developed by Greiner Bio-One in 2021. The company is now offering three different types of lancets.

North America is anticipated to witness significant growth in the global blood collection tubes market over the forecast period, due increasing presence of key players and rising incidents of chronic diseases in the region.

Major players operating in the global blood collection tubes market are Narang Medical Limited, Becton, Dickinson and Company, Sarstedt AG & Co., Greiner AG, AdvaCare Pharma, Qiagen NV, Terumo BCT, SARSTEDT AG & Co. KG, Grifols, S.A., Liuyang Sanli Medical Technology Development, Smiths Medical, and Retractable Technologies.

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