Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

How Will the Blood Collection Tubes Market Grow Over the Forecast Period Based on Its Expected CAGR?

The market size for blood collection tubes has seen significant expansion in the past few years. The market is projected to increase from $6.5 billion in 2024 to $6.93 billion in 2025, with an annual growth rate of 6.6%. The prior growth in this market can be linked to the surge in the animal feed industry, expansion of meat and poultry production, effective use of nutrient source, efficient application of waste in abattoirs, and the manufacture of organic fertilizers.

In the upcoming years, the market size of blood collection tubes is predicted to experience considerable growth, eventually reaching $9.75 billion in 2029 with a compound annual growth rate (CAGR) of 8.9%. Several factors contribute to this growth during the forecast period, including the expanding aquaculture industry, the growth of insect farming, global population increase, their use in biomedical research and the market growth for organic products. The forecast period will also see significant trends such as advancements in processing technology, development in animal nutrition research, exploration in blood meal-based biostimulants, and the surge of organic/non-GMO trends alongside the development of hydrolyzed blood meal.

Which Macro and Microeconomic Factors Are Accelerating the Growth of the blood collection tubes Market?

The growth of the blood collection tube market is anticipated to be fueled by the escalating prevalence of chronic diseases. These are typically long-lasting medical conditions that progress gradually over time. Blood collection and sampling are frequently utilized for testing a variety of common chronic diseases such as diabetes, cancer, and tuberculosis. The steady rise in occurrences of infectious diseases and their associated diagnostic procedures, due to harmful lifestyle habits and exposure to risky behaviors, such as smoke exposure, poor dietary habits, including high salt and saturated fat intake combined with low fruit and vegetable consumption, and physical inactivity, is poised to stimulate the usage of blood collection devices. For example, the World Health Organization, a Switzerland-based United Nations agency, predicted in February 2024 that by 2050, there would be in excess of 35 million new cancer diagnoses, reflecting a 77% increase from the estimated 20 million cases in 2022. Hence, the escalating incidence of chronic diseases is likely to amplify the demand for blood collection tubes in the years to come.

Request Your Free Blood Collection Tubes Market Report Sample Now!

https://www.thebusinessresearchcompany.com/sample.aspx?id=10202&type=smp

Who Are the Dominant Players Expanding Their Reach in the Blood Collection Tubes Market?

Major companies operating in the blood collection tubes market include:

• Becton Dickinson and Company_x000D_

• Greiner AG_x000D_

• Qiagen NV_x000D_

• Sarstedt AG & Co. KG_x000D_

• Terumo Corporation_x000D_

What Are the Top Trends Shaping the Evolution of the Blood Collection Tubes Market?

Emerging technology is a leading trend gaining traction in the blood collection tube market. To match the quickly growing industry needs and boost their global business presence, major companies in the market are innovating new technologies. For example, in June 2022, Rhinostics Inc., a medical device manufacturing company based in the US, unveiled a novel automated sample collection technology. This came with the launch of their patent-pending Veristic collection device specifically designed for collecting small-volume blood samples. This device is highly effective and perfect for usage in at-home or healthcare professional-aided collection procedures. Its high-throughput replacement capabilities make it suitable for applications such as antibody, hormone and protein detection, sexually transmitted infections (STIs), dried blood spot (DBS) cards, genetic testing, clinical trials, and more, which can be facilitated through a simple finger prick collection.

Pre-order Your Report for Quick and Easy Delivery!

https://www.thebusinessresearchcompany.com/report/blood-collection-tubes-global-market-report

What Major Market Segments Define the Scope and Growth of the Blood Collection Tubes Market?

The blood collection tubes market covered in this report is segmented –

1) By Product Type: Plasma Separating Tube, Serum Separating Tube, Heparin Tubes, EDTA Tubes, Rapid Serum Tubes, Other Product Types

2) By Material: Glass, Plastic

3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-Users

Subsegments:

1) By Plasma Separating Tube: Gel Plasma Separating Tubes, Non-Gel Plasma Separating Tubes

2) By Serum Separating Tube: Gel Serum Separating Tubes, Non-Gel Serum Separating Tubes

3) By Heparin Tubes: Lithium Heparin Tubes, Sodium Heparin Tubes

4) By EDTA Tubes: K2 EDTA Tubes, K3 EDTA Tubes

5) By Rapid Serum Tubes: Standard Rapid Serum Tubes, Clot Activator Rapid Serum Tubes

6) By Other Product Types: Blood Culture Bottles, Specialized Collection Tubes

Which Regions Are Setting the Pace for Blood Collection Tubes Market Growth?

North America was the largest region in the blood collection tube market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global blood collection tube market report during the forecast period. The regions covered in the blood collection tubes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Defines the Scope of the Blood Collection Tubes Market?

Blood collection tubes refer to sterile glass or plastic test tubes with colored rubber or plastic cap. It is a specialized tube used for the collection and transport of blood specimens for laboratory analysis.

Browse Through More Similar Reports By The Business Research Company:

Gastric Cancer Drugs Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/gastric-cancer-drugs-global-market-report

Blood Transfusion Diagnostics Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/blood-transfusion-diagnostics-global-market-report

Electrolyte Mixes Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/electrolyte-mixes-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: