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Capillary Blood Collection Devices Market Size

  • Report ID: GMI8035
  • Published Date: Feb 2024
  • Report Format: PDF

Capillary Blood Collection Devices Market Size

Capillary Blood Collection Devices Market size was valued at around USD 1.8 Billion in 2023 and is estimated to grow at 7.7% CAGR from 2024 to 2032. Capillary blood collection devices are medical tools designed for the collection of small blood samples from capillaries, typically from the fingertip. These devices are commonly used in healthcare settings, blood centers, etc. for diagnostic, monitoring, and screening purposes.

 

According to the World Health Organization, global blood donations amount to approximately 118 million, with 40% of these donations originating from high-income countries, which constitute only 16% of the world's population. There are around 13,300 blood centers across 169 countries contribute to the blood collection.

 

Furthermore, the increasing prevalence of chronic diseases, such as diabetes, is contributing to the demand for capillary blood collection devices. Regular blood glucose monitoring, often facilitated by these diabetes care devices that exhibit a growth rate of 9.5% CAGR, is essential for managing and controlling chronic conditions.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global capillary blood collection devices industry was valued at around USD 1.8 Billion in 2023 and is estimated to reach over USD 3.4 Billion by 2032, owing to the increasing prevalence of chronic diseases.

The plastic segment accounted for a revenue share of 59.4% in 2023 and is estimated to follow similar trend over the coming years, driven by ongoing advancements in plastic materials, such as new formulations of polypropylene.

North America capillary blood collection devices market accounted for USD 798.7 million in 2023, attributed to aging population and the prevalence of chronic diseases.

Abbott Laboratories, Terumo Corporation, Becton, Dickinson and Company, Siemens Healthineers, Cardinal Health, Sarstedt AG & Co., Greiner Bio-One International GmbH, Roche Diagnostics, Medtronic plc, and Radiometer Medical ApS.

Capillary Blood Collection Devices Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 327
  • Countries covered: 22
  • Pages: 186
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