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Capillary and Venous Blood Sampling Devices Market to Gain Value of US$ 2.4 Bn by 2030, States TMR Study

Friday, 21 October 2022 05:33 AM

WILMINGTON, DE / ACCESSWIRE / October 21, 2022 / Transparency Market Research Inc. - The global capillary and venous blood sampling devices market is prognosticated to reach a value of US$ 2.4 Bn by the end of 2030, according to a study report by Transparency Market Research (TMR). Furthermore, the global analysis of capillary and venous blood sampling devices market finds that the market is expected to grow at a CAGR of 7% during the forecast period, 2020 to 2030.

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Owing to unhealthy eating habits and sedentary lifestyle of people across the globe, the number of diabetic patients is being increasing across the globe. This patient pool requires frequent doctor visits and lab tests in order to manage their disease. Thus, companies operating in the capillary and venous blood sampling devices market are strengthening their production abilities in finger-prick devices that are helpful for patients in easily drawing blood by themselves, according to a TMR report.

The need for blood transfusions and collection is being rising in the recent years globally. This factor is boosting the sales growth in the capillary and venous blood sampling devices market. Moreover, the prevalence of different chronic health disorders including sickle cell anemia, aplastic anemia, traumatic injuries, and leukemia globally is being increasing globally. In addition, there has been a surge in the number of surgical procedures across the globe, state analysts at TMR. These factors are resulting into increase in the need for grouping, collection, and transfusion of blood and blood components. This, in turn, is fueling the demand opportunities in the capillary and venous blood sampling devices market.

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Capillary and Venous Blood Sampling Devices Market: Key Findings

  • Major clinical studies are focused on utilizing next-gen sample handling and analytical technologies in order to develop diagnostic blood testing that are convenient and easily accessible. Thus, players operating in the capillary and venous blood sampling devices market are partnering with other companies in order to develop devices that can help in advancing the clinical outcomes. Such factors, in turn, are likely to boost the market growth in the forthcoming years, state analysts at TMR.
  • Leading players are focusing on the development of best capillary and venous blood sampling devices. Hence, they are increasing investments in research activities. This aside, several players are growing efforts in order to increase the accessibility to laboratory-quality diagnostic testing using retail pharmacies. In addition, manufacturers in the capillary and venous blood sampling devices market are strengthening their R&D efforts in order to modernize small-volume blood collection devices intended for skilled nursing facilities and urgent care centers. Such efforts are projected to help in the expansion of the global capillary and venous blood sampling devices market in the near future.

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Capillary and Venous Blood Sampling Devices Market: Growth Boosters

  • Rise in the prevalence of diabetes across the globe is resulting into boosting the capillary and venous blood sampling devices market demand avenues
  • Increase in the demand for small-volume blood collection devices across the globe is expected to help in the expansion of the capillary and venous blood sampling devices market size

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Capillary and Venous Blood Sampling Devices Market: Key Players

Some of the key players profiled in the report are:

  • Terumo Corporation
  • B. Braun Melsungen AG
  • Thermo Fisher Scientific, Inc.
  • BD
  • Ypsomed Holding AG
  • Bio-Rad Laboratories, Inc.
  • Greiner Bio-One International GmbH
  • Owen Mumford Ltd.
  • Cardinal Health
  • Sarstedt AG & Co. KG

Capillary and Venous Blood Sampling Devices Market Segmentation

Product

  • Capillary Blood Collection Devices
    • Microsampler Devices
    • Lancets
    • Blood Collection Strips
    • Tubes
  • Venous Blood Collection Devices
    • Vacutainer System
    • Tubes

Application

  • Capillary Blood Collection Devices
    • Point-of-care Testing
    • Central Laboratory Testing
  • Venous Blood Collection Devices
    • Point-of-care Testing
    • Central Laboratory Testing

End User

  • Hospitals
  • Clinics
  • Diagnostics Laboratories
  • Blood Banks
  • Home Care

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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