MENAT Vacuum Blood Collection Tubes Market to Grow at a CAGR of 7.3% to reach US$ 293.94 million from 2022 to 2028
The MENAT vacuum blood collection tube market is expected to grow from US$ 180.48 million in 2021 to US$ 293.94 million in 2028; it is estimated to grow at a CAGR of 7.3% from 2022 to 2028.
The market growth is attributed to growing government support for blood test services and rising prevalence of blood and genetic disorders. However, risks associated with blood collection tubes are hindering the market growth.
A vacuum blood collection tube is a sterile glass or plastic test tube with a stopper that creates a vacuum inside the tube, depicting the present volume of liquid. The vacuum blood collection tube prevents needle stick damage by preventing needles from coming into human contact, which could lead to adulteration. A double-pointed needle is fitted to a plastic tubular adapter in the vacuum blood collecting tube. Double pointed needles are available in numerous gauge sizes. Additional elements may be present in vacuum blood collection tubes, which are used to preserve blood for treatment in a medical laboratory.
Rest of MENAT Vacuum Blood Collection Tubes Market Revenue and Forecast to 2028 (US$ Million)
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Market Insights
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Growing Government Support for Blood Test Services
Rising health concerns have led to increased demand for public and private medical laboratories and research laboratories in the UAE. The primary focus of medical laboratories is clinical research, where they offer several testing services. For instance, MaxMed laboratories, Al Rayan Medical Laboratory, and Al Tiraq Laboratory are clinical laboratories where blood sample collection and analysis procedures are performed daily, as per the laboratory's standard guidelines. Moreover, these laboratories have special facilities for blood sample preparation and storage of blood specimens. Further, in October 2022, the Dubai Health Authority (DHA) announced the launching of the UAE's first-of-its drive-through blood test services. The UNILABS will provide this new service, recognized by the ISO-certified Emirates International Accreditation Center (EIAC) in collaboration with the United Medical Center (UMC) in Dubai. By launching such a service, the customers can undergo drive-through blood tests as recommended by the treating physicians. In addition, the Parent's Guide to Cord Blood Foundation 2022 report states that most of the biobanks in the UAE are either cord blood banks or adipose stromal cell banks. Cord blood banking is one such example. A 2020 law was passed by the UAE Ministry of Health that became effective in January 2022, aiming for banks to collect cord blood units in the UAE to set up a laboratory and storage facility inside the UAE.
In addition, the process of rejuvenating, replacing, regenerating, and restoring cells and establishing healthy function is called regenerative medicine (RM). Also, the healthcare sector in the UAE favors the growth of the RM industry. Such high growth encompasses advanced biotherapies such as cell therapy, immunomodulation therapy, gene therapies, and tissue engineering, where blood sample/specimen collection and storage plays a critical role. For instance, in 2020, the Government of Dubai passed a law that focuses on the regulations on autologous adipose cellular therapies coupled with blood collection/specimen for research activities. Thus, growing government support for blood test services is likely to favor the market growth.
The mortality rate of patients in low-cost regions is rising because healthcare professionals have limited their patient checkups as many hospitals are experiencing a shortage of resources and staff. The rising cases of COVID-19 increased the demand for diagnostic tests, such as blood tests or antibody tests, in its healthcare system, supporting the growth of the MENAT vacuum blood collection tube market. In June 2020, two of the largest private hospital groups in the UAE rolled out FDA-authorized COVID-19 serology tests for the public. Further, in 2021, Israel launched antibody testing for children aged three or more to gather information on the number of unvaccinated children who have developed immunity against COVID-19. Thus, the above-mentioned factors supported the growth of the market.
Product-Based Insights
Based on product, the MENAT vacuum blood collection tube market is segmented into heparin tubes, EDTA tubes, glucose tubes, serum separating tubes, and ERS tubes. In 2021, the serum separating tubes segment held the largest share of the market. However, the EDTA tubes segment is expected to grow at the fastest rate during the coming years. Serum separating tubes are coated with micro silica particles, which induces blood to clot rapidly, and the barrier gel effectively separates serum from fibrin and cells, while restricting substance exchange between blood cells and serum. Various MENAT players offer these tubes; for example, BD offers BD Vacutainer SST Tubes with different tube sizes.
MENAT Vacuum Blood Collection Tubes Market, by Product – 2021 and 2028
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Material-Based Insights
Based on material, the MENAT vacuum blood collection tube market is segmented into PET, polypropylene, and tempered glass. In 2021, the PET segment held the largest share of the market. Moreover, the same segment is also expected to grow at the fastest rate during the coming years.
Application-Based Insights
Based on application, the MENAT vacuum blood collection tube market is segmented into blood routine examination, biochemical test, and coagulation testing. In 2021, the blood routine examination segment held the largest share of the market. However, the coagulation testing segment is also expected to grow at the fastest rate during the coming years.
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MENAT Vacuum Blood Collection Tubes Market: Strategic Insights
Market Size Value in US$ 180.48 Million in 2021 Market Size Value by US$ 293.94 Million in 2028 Growth rate CAGR of 7.3% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2021
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MENAT Vacuum Blood Collection Tubes Market: Strategic Insights
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Market Size Value in | US$ 180.48 Million in 2021 |
Market Size Value by | US$ 293.94 Million in 2028 |
Growth rate | CAGR of 7.3% from 2022 to 2028 |
Forecast Period | 2022-2028 |
Base Year | 2021 |
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Product launches and approvals are the commonly adopted strategies by companies to expand their footprints and product portfolios. Various companies in the MENAT vacuum blood collection tube market focus on the collaboration strategy to expand their clientele, which, in turn, helps them maintain their brand name across the world.
Company Profiles
- Becton Dickinson and Co
- Vitrex Medical AS
- ELITech Group SAS
- Greiner Bio-One GmbH
- Terumo Corp
- Advin Health Care Pvt Ltd
- Biosigma SPA
- Alpha Laboratories Ltd
- Streck Inc
- SARSTEDT AG and Co. KG
- Advance Medical
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
Product, Material, and Application
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
UAE, Saudi Arabia
Frequently Asked Questions
Vacuum blood collection tube is a sterile glass or plastic test tube with a stopper that creates vacuum inside the tube so that a preset volume of liquid can be depicted. The tube prevents needle stick damage by preventing needles from coming in human contact and thus, adulteration. A double-pointed needle is fitted to a plastic tubular adapter in the vacuum blood collecting tube. Double-pointed needles are available in numerous gauge sizes. The needle's length varies from 1 to 1 1/2 inches.
Growing government support for blood test services and growing preference of blood and genetic disorders are the most significant factors responsible for the overall market growth.
Based on product, the serum separating tubes segment took the forefront leaders in the worldwide market by accounting largest share in 2021 and is expected to continue to do so till the forecast period.
Based on the application, blood routine examination segment took the forefront leaders in the worldwide market by accounting largest share in 2021 and is expected to continue to do so till the forecast period.
The blood banks segment dominated the vacuum blood collection tubes market and accounted for the largest market share in 2021.
Becton Dickinson and Co, Vitrex Medical AS, ELITech Group SAS, Greiner Bio-One GmbH, Terumo Corp, Advin Health Care Pvt Ltd, Biosigma SPA, Alpha Laboratories Ltd, Streck Inc, SARSTEDT AG and Co. KG, and Advance Medical among others are among the leading companies operating in the vacuum blood collection tubes market.
Vacuum blood collection tubes market is segmented by countries comprising of North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America.
The List of Companies - Vacuum Blood Collection Tube Market
- Becton Dickinson and Co
- Vitrex Medical AS
- ELITech Group SAS
- Greiner Bio-One GmbH
- Terumo Corp
- Advin Health Care Pvt Ltd
- Biosigma SPA
- Alpha Laboratories Ltd
- Streck Inc
- SARSTEDT AG and Co. KG
- Advance Medical