Capillary Blood Collection Devices Market Size is expected to reach USD 1.75 billion by 2025
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<strong>Capillary</strong> <strong>Blood</strong> <strong>Collection</strong> <strong>Devices</strong> <strong>Market</strong> <strong>Size</strong> <strong>is</strong><br />
<strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>USD</strong> <strong>1.75</strong> <strong>billion</strong> <strong>by</strong> <strong>2025</strong><br />
“<strong>Capillary</strong> <strong>Blood</strong> <strong>Collection</strong> <strong>Devices</strong> <strong>Market</strong> Analys<strong>is</strong><br />
Report By Material (Plastic, Glass, Stainless Steel),<br />
By Product, By Application (Whole <strong>Blood</strong>, Plasma<br />
Tests), By End Use, And Segment Forecasts, 2018 -<br />
<strong>2025</strong>.”<br />
The global capillary blood collection devices market size <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>USD</strong> <strong>1.75</strong> <strong>billion</strong><br />
<strong>by</strong> <strong>2025</strong>, progressing at a CAGR of 5.4% during the forecast period. Increasing incidence of chronic,<br />
infectious and au<strong>to</strong>immune d<strong>is</strong>eases are some of the major fac<strong>to</strong>rs propelling market growth owing<br />
<strong>to</strong> r<strong>is</strong>ing number of blood tests globally. <strong>Capillary</strong> blood draw technique has been most widely used<br />
for glucose and hemoglobin testing in clinics and hospitals. Ease of usage and minimally invasive<br />
nature also makes it ideal for home care diagnos<strong>is</strong> and testing, there<strong>by</strong> boosting the market's<br />
growth potential.The use of th<strong>is</strong> technique in conjugation with PoC diagnostics has become the<br />
chosen mode of testing in remote and ambula<strong>to</strong>ry health settings. <strong>Blood</strong> gas detection, leukocyte &<br />
metabolite count, biomarker, nucleic acid, blood glucose, ferritin, lactate, effect of vitamin K-<br />
antagon<strong>is</strong>t, and heavy metal ions analys<strong>is</strong> <strong>is</strong> commonly done using these samples. Thus, with r<strong>is</strong>ing<br />
adoption of rapid PoC diagnostics, usage of these devices <strong>is</strong> anticipated <strong>to</strong> increase in the near<br />
future. Chronic d<strong>is</strong>eases are a global healthcare problem with over half of the adult population in<br />
the U.S. suffering from chronic d<strong>is</strong>eases, which contribute <strong>to</strong> over 75% of the <strong>to</strong>tal healthcare cost<br />
in the nation.<br />
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Thus, r<strong>is</strong>ing number of infectious and chronic d<strong>is</strong>eases creates a huge demand for diagnostic<br />
testing, there<strong>by</strong> propelling growth of these collection devices. <strong>Capillary</strong> blood draw technique <strong>is</strong><br />
most often used in case of pediatric patients as it <strong>is</strong> difficult <strong>to</strong> draw venous and arterial blood from<br />
infants. <strong>Capillary</strong> blood draw <strong>is</strong> preferred in many ICU settings as patients lose large amount of<br />
blood during surgeries. Other blood drawing techniques are more invasive and might result in<br />
delays in the healing process or pose a r<strong>is</strong>k of contamination. Ease of usage and effectiveness <strong>is</strong><br />
another fac<strong>to</strong>r facilitating the use of these devices for home care diagnos<strong>is</strong> and testing, typically in<br />
case of diabetics.<br />
Further key findings from the report suggest:<br />
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Plastic devices held the largest market share in 2017 owing <strong>to</strong> their lightweight, costeffective,<br />
and biocompatible nature coupled with extensive usage in medical devices<br />
Durability, non-porous nature, and impermeability are boosting the demand for glass devices<br />
Plastic and glass based collection devices are anticipated <strong>to</strong> dominate the market throughout<br />
the forecast horizon during the forecast period due <strong>to</strong> their extensive use in the manufacture<br />
of medical devices and other related products.<br />
North America will lead the market throughout the forecast period owing <strong>to</strong> ex<strong>is</strong>tence of large<br />
number of major market players and high incidence of chronic and infectious d<strong>is</strong>eases<br />
The Asia Pacific market <strong>is</strong> <strong>expected</strong> <strong>to</strong> r<strong>is</strong>e at the highest CAGR during the same period. High<br />
population along with r<strong>is</strong>ing incidence of chronic d<strong>is</strong>eases such as cancer and diabetes are the<br />
major fac<strong>to</strong>rs contributing <strong>to</strong> the growth of the regional market<br />
Some of the major players are Bec<strong>to</strong>n, Dickinson and Company; NIPRO Europe Corporation;<br />
Sarstedt AG & Co; Thermo F<strong>is</strong>her Scientific Inc.; Terumo Medical Corporation; B Braun<br />
Melsungen AG; Kabe Labortechnik GmbH; Greiner Bio One International GmbH; Cardinal<br />
Health; and Owen Mumford Ltd.<br />
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Table of Contents:<br />
Chapter 1 Executive Summary<br />
Chapter 2 Research Methodology<br />
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2.1 Country-w<strong>is</strong>e <strong>Market</strong>: Base Estimates<br />
2.2 Global <strong>Market</strong>: CAGR Calculation<br />
2.3 Region-based Segment Share Calculation<br />
2.4 Research Scope & Assumptions<br />
2.5 L<strong>is</strong>t of Data Sources<br />
2.5.1 Data for primary interviews, <strong>by</strong> sources<br />
2.5.2 Data for primary interviews, <strong>by</strong> region<br />
2.6 <strong>Market</strong> Snapshot<br />
Chapter 3 <strong>Capillary</strong> <strong>Blood</strong> <strong>Collection</strong> <strong>Market</strong> <strong>Devices</strong> Variables, Trends & Scope<br />
3.1 <strong>Market</strong> Segmentation & Scope<br />
3.2 <strong>Market</strong> Driver Analys<strong>is</strong><br />
3.2.1 R<strong>is</strong>ing availability of Point-of-Care (PoC) diagnostics<br />
3.2.2 R<strong>is</strong>ing prevalence of chronic and infectious d<strong>is</strong>eases<br />
3.2.3 Diabetes incidence, 2017 & <strong>2025</strong><br />
3.2.4 U.S. estimated deaths due <strong>to</strong> cancer, 2017<br />
Chapter 4 <strong>Capillary</strong> <strong>Blood</strong> <strong>Collection</strong> <strong>Devices</strong> <strong>Market</strong>: Material Estimates & Trend Analys<strong>is</strong><br />
4.1 <strong>Capillary</strong> <strong>Blood</strong> <strong>Collection</strong> <strong>Devices</strong> <strong>Market</strong>: Material Movement Analys<strong>is</strong><br />
4.2 Plastic<br />
4.2.1 Plastic market, 2014 - <strong>2025</strong> (<strong>USD</strong> Million)<br />
4.3 Glass<br />
4.3.1 Glass market, 2014 - <strong>2025</strong> (<strong>USD</strong> Million)<br />
4.4 Stainless Steel<br />
4.4.1 Stainless steel market, 2014 - <strong>2025</strong> (<strong>USD</strong> Million)<br />
4.5 Ceramic<br />
4.5.1 Ceramic market, 2014 - <strong>2025</strong> (<strong>USD</strong> Million)<br />
4.6 Others<br />
4.6.1 Others market, 2014 - <strong>2025</strong> (<strong>USD</strong> Million)<br />
Continued…<br />
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