Global Vacuum blood collection devices Market to reach USD 3.31 billion by 2027.Global Vacuum blood collection devices Market is valued approximately USD 2.16 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.30 % over the forecast period 2021-2027. Vacuum blood collection device is a type of closed system used for collecting blood samples. In this the sample tube have vacuum pressure, and when the needle is inserted in the vein, the blood is drawn automatically due to vacuum suction until the appropriate volume is obtained. Increase in Blood transfusions and ageing population will drive the market positively. According to WHO, in high-income countries, patients above 60 years of age is responsible for 75% of all transfusions. Increase in chronic diseases like, diabetes, cancer, blood pressure etc. has led the demand for blood sampling devices to grow. As per Center for Disease Control and Prevention, 51.8% of US adults have at-least one chronic disease and 27.2% have more than one chronic disease. The demand for new drugs and treatments is also increasing, as a result pharmaceutical company has been working on pre-clinical trials which has eventually increased the demand for blood collection devices. For instance, COVID-19 pandemic has raised the demand for blood collection instruments, which is likely to boost the market. However, high manufacturing cost impedes the growth of the market over the forecast period of 2021-2027. Also, with the increasing prevalence of Chronic diseases, the adoption & demand for Vacuum blood collection devices is likely to increase the market growth during the forecast period.

The regional analysis of global Vacuum blood collection devices market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing adoption of automated blood collection devices and presence of key players in the region. Whereas, Europe is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as developing health infrastructure and awareness for health would create lucrative growth prospects for the Vacuum blood collection devices market across Asia-Pacific region.

Major market player included in this report are:
Becton, Dickinson & Company
Greiner Bio-One Gmbh
Guangzhou Improve Medical Instruments Co., Ltd.
AB Medical, Inc.
SARSTEDT AG & Co. KG
InterVac Technology
Hindustan Syringes & Medical Devices
DJO Global Inc.
Aptaca Spa.
Zhejiang Gongdong Medical Technology Co. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Serum Separation Tubes
Serum Clot Activators
Plasma Analysis
Coagulation Analysis Tubes
Glucose Analysis Tubes
Others
By Material:
PET/Plastic
Glass
By Application:
Serology & Immunology
Routine Chemistry
Blood Typing
Molecular Genetics
Blood Sugar Assay
Others
By End User:
Diagnostic Centres
Hospitals & Clinics
Research & Academic Institutes
Veterinary Hospitals & Clinics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Vacuum blood collection devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors