Capillary and Venous Blood Sampling Devices Market: Growth Analysis By Revenue, Size, Market Size, Share, Scenario on Latest Trends, Types and Applications and Forecast: 2022-2031

Capillary and Venous Blood Sampling Devices Market: Overview

  • Capillary blood collection is a useful technique to collect blood in children and infants. Capillary blood collection requires a very small amount of blood for disease diagnosis. Capillary blood collection is simple and relatively painless.
  • Venous blood (venipuncture) is the specimen of choice for most routine laboratory tests; most laboratory reference ranges are based on venous blood. The benefits of these venous blood collection devices are that they offer the exact filling volume.
  • The global capillary and venous blood sampling devices market has experienced significant expansion in the last decade due to rise in demand for blood collection & transfusions and an increase in prevalence of diabetes
  • Different types of devices are utilized in capillary blood sampling, including microsampler devices, lancets, blood collection strips, and tubes. Venous blood sampling devices include vacutainer system and tubes

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Capillary and Venous Blood Sampling Devices: Market Drivers

  • Rise in demand for blood collection and transfusions drives the demand for capillary and venous blood sampling devices. Large number of patients undergo surgical procedures and suffer from chronic diseases such as aplastic anemia, sickle cell anemia, leukemia, and traumatic injuries each year. Therefore, demand for collection, grouping, and transfusion of blood and blood components is high globally. According to the American Cancer Society, an estimated 61,780 new cases of leukemia were reported in the U.S. alone in 2019.
  • Increase in prevalence of diabetes is expected to drive the global capillary and venous blood sampling devices market during the forecast period. Diabetes is a major chronic disease in the world and blood glucose test is the primary mode of diagnosis of this disease. According to the International Diabetes Federation, 422 million people worldwide were living with diabetes in 2016, and it is projected that over 10% of the world’s adult population (642 million) would have diabetes by 2040

Market Segmentation: Capillary and Venous Blood Sampling Devices Market

  • In terms of product type, the global capillary and venous blood sampling devices market has been divided into capillary blood collection devices and venous blood collection devices. The capillary blood collection devices segment has been further sub-segmented into microsampler devices, lancets, blood collection strips, and tubes. The venous blood collection devices segment has been further classified into vacutainer system and tubes. The venous blood collection devices segment is likely to dominate the global capillary and venous blood sampling devices market during the forecast period.
  • Based on application, the global capillary and venous blood sampling devices market has been classified into capillary blood collection devices, which has been sub-segmented into point-of-care testing and central laboratory testing, and venous blood collection devices, which has been further bifurcated into point-of-care testing and central laboratory testing.
  • In terms of end user, the global capillary and venous blood sampling devices market has been categorized into hospitals, clinics, diagnostics laboratories, blood banks, and home care. The hospitals segment dominated the global capillary and venous blood sampling devices market, in terms of revenue, in 2019.
  • Each of the segments has been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The report provides current and expected revenue (US$ Mn) for each of these segments from 2018 to 2030, considering 2019 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2020 to 2030, along with market size estimations

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Regional Overview: Capillary and Venous Blood Sampling Devices Market

  • In terms of region, the global capillary and venous blood sampling devices market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions have been further divided into major countries and sub-regions.
  • The current and expected market value (US$ Mn) of these regional markets and their major countries have been provided in the report from 2018 to 2030, with their CAGRs from 2020 to 2030
  • The study also offers a list of recommendations, highlights, and useful insights of the global capillary and venous blood sampling devices market, which would help new companies willing to enter the market and existing companies to increase market shares, and help in the decision-making process

Major Players

  • The capillary and venous blood sampling devices market report concludes with the company profiles section, which includes key information about major players in the global capillary and venous blood sampling devices market
  • Leading players analyzed in the capillary and venous blood sampling devices market report include
    • B. Braun Melsungen AG
    • Terumo Corporation
    • BD
    • Thermo Fisher Scientific, Inc.
    • Bio-Rad Laboratories, Inc.
    • Ypsomed Holding AG
    • Owen Mumford Ltd.
    • Greiner Bio-One International GmbH
    • Sarstedt AG & Co. KG
    • Cardinal Health
  • Each of these players has been profiled in the capillary and venous blood sampling devices market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent development
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Capillary and Venous Blood Sampling Devices Market – Scope of the Report

The report on the global capillary and venous blood sampling devices market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators for the market during the forecast period from 2020 to 2030. The report provides revenue of the global capillary and venous blood sampling devices market for the period 2018–2030, considering 2019 as the base year and 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global capillary and venous blood sampling devices market from 2020 to 2030.

The report is prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Extensive secondary research involved reaching out to key players’ product literature, annual reports, press releases, and relevant documents to understand the capillary and venous blood sampling devices market.

Secondary research also includes Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the capillary and venous blood sampling devices market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global capillary and venous blood sampling devices market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global capillary and venous blood sampling devices market.

The report delves into the competitive landscape of the global capillary and venous blood sampling devices market. Key players operating in the global capillary and venous blood sampling devices market are identified and each one of these is profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global capillary and venous blood sampling devices market profiled in this report.

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