Market Research Trends

The Global Vacuum Blood Collecting Devices Market is predicted to grow rapidly throughout the forecast period, according to a recent analysis by Future Market Insights (FMI). The market is predicted to increase from US$ 2.2 billion in 2020 to more than US$ 2.3 billion by 2021. It is also predicted to have a cumulative CAGR of roughly 6.3% during the forecast period (2021 to 2031). With an increase in the number of blood tests performed for the detection of chronic diseases such as HIV, anaemia, diabetes, and cardiovascular disease, sales of vacuum blood collection systems are expected to reach US$ 4.2 billion by the end of 2031. Vacuum blood collection devices are closed tubes for blood collection that prevent direct blood exposure to the environment, minimising the risk of contamination. By permitting sample collection using a single venipuncture, these tubes have enhanced sampling. The ease of blood collection, processing, and minimising the risk of contamination to patients are the...

According to a recent study by Future Market Insights (FMI), the Global   Vacuum Blood Collection Devices Market  is expected to witness high growth during the forecast period. The market is expected to grow from  US$ 2.2 Bn in 2020 to over US$ 2.3 Bn  through 2021. It also is expected to register cumulative CAGR of around 6.3% over the forecast period (2021-2031). Vacuum blood collection devices are closed tubes for blood collection and thus reduces the direct exposure of blood to the environment thus lowering risk of contamination. These tubes have improved sampling by allowing sample collection through single venipuncture. Ease in the process of blood collection, processing and the lowering risk of contamination to the patients are the major factor driving the market growth. Global burden of chronic diseases such as, cardiovascular disorders, cancer, and diabetes has increased at a rapid pace. High prevalence of these diseases has enforced adheren...