The global capillary blood collection devices market has seen a significant increase in demand due to the rise in chronic diseases and infectious diseases. Furthermore, the growing availability of point-of-care diagnostics and increased awareness of newly developed capillary blood collection products are propelling this market forward.
The global capillary blood collection devices market is growing due to a growing elderly population, rising food-borne disease prevalence, and fast urbanization. Noncommunicable diseases such as cancer, cardiovascular disorders, chronic respiratory disorders, and diabetes accounted for 71.0 percent of all deaths in 2017, according to WHO data. As a result, the global capillary blood collection devices market has a better chance of growing in the approaching years.
On the other hand, the risk associated with the approach utilized for capillary blood collection could hinder expansion in the global capillary blood collection devices market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Product Type, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Kabe Labortechnik GmbH, Danaher, Improve Medical Technology Co., Thermo Fisher Scientific, Inc., BD, Sarstedt AG & Co., Medtronic, Terumo Medical Corporation, and Greiner Bio-One International GmbH. |
Covid-19 Impact on Capillary Blood Collection Devices Market
In addition, the current Capillary Blood Collection Devices Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Capillary Blood Collection Devices Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Capillary Blood Collection Devices Market Segment Overview
According to product types, Lancets is one of the major segments in the global Capillary Blood Collection Devices Market. The demand for lancets is expected to increase significantly in the forthcoming years. The rising trend for minimum invasiveness during blood collection is the key factor that boosted demand for lancets.
Capillary Blood Collection Devices Market, By Product Type
· Micro-Hematocrit Tubes
· Micro-Container Tubes
· Lancets
· Warming Devices
· Others
Capillary Blood Collection Devices Market Regional Overview
The global Capillary Blood Collection Devices market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Over the forecast period, North America is expected to have the largest share of the global capillary blood collection devices market. This region has become a prominent market for capillary blood collection devices due to its extensive usage of innovative technologies and increased investment in the healthcare sector. Furthermore, favourable reimbursement policies and widespread public knowledge of the benefits of capillary blood collection will propel the capillary blood collection devices market in North America forward. Demand for these devices grows when novel equipment and surgical techniques are adopted more quickly and early.
On the other hand, Asia Pacific is expected to contribute to the global capillary blood collection devices market's growth. The key nations with significant demand for capillary blood collection equipment are China and India, where governments are investing heavily in the healthcare sector. Furthermore, technical advancements and increased medical research in Japan boosted the market for capillary blood collection devices in the Asia Pacific.
Capillary Blood Collection Devices Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Capillary Blood Collection Devices Market, Key Players
· Kabe Labortechnik GmbH
· Danaher
· Improve Medical Technology Co.
· Thermo Fisher Scientific, Inc.
· BD
· Sarstedt AG & Co.
· Medtronic
· Terumo Medical Corporation
· Greiner Bio-One International GmbH.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Capillary Blood Collection Devices market?
Q2. What are the restraining factors for the global Capillary Blood Collection Devices market?
Q3. Which segment is projected to hold the largest share in the global Capillary Blood Collection Devices market?
Q4. Which region holds the largest share in the global Capillary Blood Collection Devices market?
Q5. Which are the prominent players in the global Capillary Blood Collection Devices market?
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Capillary Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Micro-Hematocrit Tubes
- 5.2.2. Micro-Container Tubes
- 5.2.3. Lancets
- 5.2.4. Warming Devices
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Latin America, Middle East and Africa
6. North America Capillary Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Micro-Hematocrit Tubes
- 6.2.2. Micro-Container Tubes
- 6.2.3. Lancets
- 6.2.4. Warming Devices
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By Country
- 6.3.1. U.S.
- 6.3.2. Canada
7. Europe Capillary Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Micro-Hematocrit Tubes
- 7.2.2. Micro-Container Tubes
- 7.2.3. Lancets
- 7.2.4. Warming Devices
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By Country
- 7.3.1. UK
- 7.3.2. Germany
- 7.3.3. France
- 7.3.4. Italy
- 7.3.5. Spain
- 7.3.6. Russia
- 7.3.7. Rest of Europe
8. Asia Pacific Capillary Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Micro-Hematocrit Tubes
- 8.2.2. Micro-Container Tubes
- 8.2.3. Lancets
- 8.2.4. Warming Devices
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By Country
- 8.3.1. China
- 8.3.2. India
- 8.3.3. Japan
- 8.3.4. Australia
- 8.3.5. South East Asia
- 8.3.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Capillary Blood Collection Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Micro-Hematocrit Tubes
- 9.2.2. Micro-Container Tubes
- 9.2.3. Lancets
- 9.2.4. Warming Devices
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By Country
- 9.3.1. Brazil
- 9.3.2. Saudi Arabia
- 9.3.3. UAE
- 9.3.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Kabe Labortechnik GmbH
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Danaher
- 10.6. Improve Medical Technology Co.
- 10.7. Thermo Fisher Scientific, Inc.
- 10.8. BD
- 10.9. Sarstedt AG & Co.
- 10.10. Medtronic
- 10.11. Terumo Medical Corporation
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
