According to FutureWise analysis the market for Vacuum Blood Collection Devices in 2023 is US$ 2.6 billion, and is expected to reach US$ 4.31 billion by 2031 at a CAGR of 6.50%.
The use of blood collection devices is critical in the treatment of patients. Blood samples are obtained for the treatment to assess fundamental metabolism components such blood urea nitrogen, sodium, potassium, creatinine, magnesium, chloride, and blood glucose and lipid levels, as well as to measure blood glucose and lipid levels. As technology has become more accessible and complex in recent years, laboratory professionals have been confronted with a wide range of opportunities and challenges. In the event that the chance arises, automated blood collection allows technologists to perform a wider range of assays on smaller sample sizes with greater accuracy than manual blood collection. Non-invasive diagnostic procedures have become more accessible as the number of stabilising reagents has increased and vacuum blood collection devices have become more widely available. Medical practitioners are increasingly recommending liquid biopsy for cancer patients as vacuum blood collection methods allow for post-collection preservation of circulating cell-free DNA (cfDNA). The demand for blood preservation following sample collection is driving the demand for non-invasive diagnostic methods, which is driving the growth of the vacuum blood collection tube market. Advancements like these are expected to provide the vacuum blood collection equipment industry a bright future.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Vacuum Blood Collection Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Vacuum Blood Collection Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.