Vacutainer Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[189+ Pages Report] According to the report published by Facts Factors, the global vacutainer market size was worth around USD 3,500 million in 2019 and is predicted to grow to around USD 4,600 million by 2026 with a compound annual growth rate (CAGR) of roughly 4.0% between 2020 and 2026. The report analyzes the global vacutainer market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the vacutainer market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the vacutainer industry. The report analyzes and declares the historical and current trends analysis of the Vacutainer industry and subsequently recommends the projected trends anticipated to be observed in the vacutainer market during the upcoming years.

The vacutainer market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire vacutainer market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) and volume (K Units) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the India vacutainer market is set to grow annually at a rate of around 4.0%
• In 2019, it was proven through primary research that the India vacutainer market was valued at more than USD 3,500 million.
• The robust industrialization in India is supposed to display the highest growth in the regional market as it is one of the developed economies.
• Increase urbanization is supposed to fuel market growth. The companies are supposed to invest in R&D to innovate the better product. Product invention will open new opportunities for the vacutainer thus is expected to propel the industry demand in the upcoming years.
• The “Serum Separating Tubes” category, in terms of type segmentation, was the leading value-generating category accounting for more than 40.0% share, in 2019.
• The “Venous Blood Collection” category, in terms of application segmentation, was the leading value-generating category accounting for more than 60.0% share, in 2019.

Key Recommendations from Analysts

• There is a huge demand for vacutainer in developing regions such as the Asia Pacific, which is driving the sports and medical industry in the regions.
• North America region is anticipated to a larger share of the vacutainer market in the upcoming years.
• China’s vacutainer market is anticipated to rise at the highest rate between 2020 and 2026.
• Growing at a CAGR around 7.0%, India vacutainer and mining market provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have identified “Serum Separating Tubes”, and “Venous Blood Collection” categories as the leading investment pockets for India vacutainer market in terms of type and application segmentations respectively

India’s Vacutainer Market Revenue Share In 2019 – By Application

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Vacutainer industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the vacutainer industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the vacutainer market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Vacutainer industry. The vacutainer market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Vacutainer sector. Key strategic developments in the vacutainer market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the vacutainer market are appropriately highlighted in the report.

The global vacutainer market is experiencing significant growth that is expected to continue over the upcoming years. A massive rise in the demand for blood sample collections is likely to act as a key driver of the global vacutainer market.

The vacutainer market research report delivers an acute valuation and taxonomy of the Vacutainer industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the Vacutainer industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the vacutainer industry is provided for the leading economies of the world.

The vacutainer market is segmented based on type, and application. On the basis of type segmentation, the market is classified into EDTA tubes, plasma separation tubes, serum separating tubes, and others. In terms of application segmentation, the market is bifurcated into venous blood collection and capillary blood collection.

Some of the essential players operating in the vacutainer market, but not restricted to include

•  Terumo
•  BD
•  Sekisui
•  GBO
•  FL medical
•  Sarstedt
•  Improve Medical
•  Narang Medical
•  Hongyu Medical
•  TUD
•  Gong Dong
•  Sanli
•  Labtech Disposables
•  CDRICH
•  Levram Lifesciences Pvt Ltd

The taxonomy of the Vacutainer industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Serum Separating Tubes
• EDTA Tubes
• Plasma Separation Tubes
• Others

By Application Segmentation Analysis

• Venous Blood Collection
• Capillary Blood Collection

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa