Global Disposable Vacuum Blood Collection Tubes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Disposable Vacuum Blood Collection Tubes market:
The latest research study on the global Disposable Vacuum Blood Collection Tubes market finds that the global Disposable Vacuum Blood Collection Tubes market reached a value of USD 4366.56 million in 2022. It’s expected that the market will achieve USD 6746.76 million by 2028, exhibiting a CAGR of 7.52% during the forecast period.

A single-use vacuum blood collection tube is a sterile glass or plastic test tube with a colored rubber stopper that creates a vacuum seal within the tube for easy withdrawal of a predetermined volume of liquid. Disposable vacuum blood collection tubes are used in conjunction with blood collection needles for clinical blood collection and laboratory testing, and some are used to collect urine samples. Some vacuum blood collection tubes contain additives to help stabilize and preserve the sample, and the color of the plastic cap on each test tube indicates which additives it contains.

Pandemic spurs development of new blood collection techniques
While COVID-19 has stimulated the demand market for single-use vacuum blood collection tubes, the disruption to global supply and value chains caused by the pandemic has similarly affected the single-use vacuum blood collection tubes industry. Furthermore, following the SARS-CoV-2 pandemic, there has been a decrease in the number of people going to the laboratory for blood draws and blood tests. As a result, more and more patients are choosing to collect blood samples at home. Many patients have postponed routine check-ups and medical care to minimize the spread of the coronavirus. These changes have prompted health facilities to adopt new practices and technologies that allow patients to conduct their own blood collections or self-tests safely at home. With the pandemic showing no signs of abating, remote blood collection and testing could become the new normal. The development of remote blood collection technology is likely to hinder the growth of the disposable vacuum blood collection tubes market.

Downstream demand drives growth
The disposable vacuum blood collection tubes market is benefiting from the continued demand for tubes in clinics and hospitals. The downstream industries of vacuum blood collection tubes are mainly medical institutions such as hospitals at all levels, disease control centers, independent testing institutions and blood stations. The continuous increase in the number of diagnosis and treatment and physical examination in medical institutions has greatly promoted the demand for vacuum blood collection tubes. Healthcare programs introduced in advanced economies and increased healthcare coverage in other economies are all conducive to the growth of the market. For example, the six major government health care programs in the United States provide health care services to large numbers of Americans. Factors such as advancement in in vitro diagnostic technology, population and economic growth, aging population, and increasing emphasis on health will stimulate the demand for disposable vacuum blood collection tubes.

Interference of blood collection tube components on clinical chemistry detection
Improper design or use of single-use vacuum blood collection tubes can adversely affect the accuracy of laboratory test results. Special tube additives may also alter analyte stability. Components in blood collection tubes, such as stoppers, lubricants, surfactants, and separation gels, can penetrate the sample and/or adsorb analytes in the sample. Because of these interactions with blood samples, blood collection devices are a potential source of preanalytical error in laboratory testing. Although current BCTs basically work as designed, they can still cause some potential problems. If used improperly or due to manufacturing-related issues, it can reduce laboratory efficiency, delay test results, and increase the cost per test due to recollection and retesting. Therefore, the optimization and standardization of BCT is crucial for reliable test analysis, which is also a challenge for the industry.

Region Overview:
North America dominated the Disposable Vacuum Blood Collection Tubes market in 2022, with a market share of 38.88%.

Company Overview:
BD is one of the major players operating in the Disposable Vacuum Blood Collection Tubes market, holding a share of 19.15% in 2023.

BD
BD manufactures and sells medical devices, instrumentation systems and reagents. BD also provides consulting and analytical services in certain regions. The company's market segments include: BD Interventional, BD Medical, BD Life Sciences.

Greiner Bio-One
Greiner Bio-One is a leading manufacturer and seller of plastic products for the fields of biotechnology, blood collection and specimen collection. Its customers range from small research laboratories at Universities and start-up companies, to the world’s largest hospital and veterinary systems. The product range is comprehensive, including products for blood collection, urine collection, cell/tissue culture, microbiology and much more.

Segmentation Overview:
By type, Plastic Tubes segment accounted for the largest share of market in 2022.

Application Overview:
The market's largest segment by application is the segment Hospital & Clinic, with a market share of 79.94% in 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Disposable Vacuum Blood Collection Tubes market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Disposable Vacuum Blood Collection Tubes market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Disposable Vacuum Blood Collection Tubes and its sub-markets in an intuitive way.

Key Companies in the global Disposable Vacuum Blood Collection Tubes market covered in Chapter 3:
Medtronic
Narang Medical
CDRICH
Improve Medical
Lingen
Hongyu Medical
Greiner Bio-One
WEGO
Terumo
KANGJIAN
Sarstedt
Xinle
Sanli
Sekisui
BD
Gong Dong
FL Medical

In Chapter 4 and Chapter 14.2, on the basis of types, the Disposable Vacuum Blood Collection Tubes market from 2018 to 2029 is primarily split into:
Plastic Tubes
Glass Tubes

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Disposable Vacuum Blood Collection Tubes market from 2018 to 2029 covers:
Hospital & Clinic
Laboratory
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Disposable Vacuum Blood Collection Tubes market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029