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What Are The Key Factors Driving The Expansion Of The Blood Collection Tube Or Vacutainer Market?

Published At: 04-August-2023 Updated At: 28-October-2023

What is Blood Collection Tube or vacutainer?

A glass or plastic tube with a rubber stopper makes up the blood-collecting tube. The Hoover and chemical additions enable the blood to circulate. To avoid clotting, blood is drawn and maintained in the blood collection tube until testing. It has an anticoagulant in it.

Vacutainers are another name for blood-collecting tubes. Vacutainers help prevent needlestick injuries and for preventing defection from human contact. Benefits include a precise scale reading and environmental friendliness. Additionally, it is utilized to collect serum and urine samples.

Here are some of the driving factors that increase the opportunity for the Blood collection tube market:

Increase in the number of trauma and accident:

Blood collection procedures are necessary for situations of trauma and accidents, which is driving market expansion. The market for a blood collection tube is driven by the rise in trauma and accident incidents, which have boosted surgeries such as organ transplants and cancer treatments. Trauma patients experience blood loss; thus, blood transfusions are necessary to replenish the lost blood. This fuels the expansion of the industry.

Increase in healthcare investment:

The market for vacutainer is significantly impacted by rising healthcare sector expenditure, particularly in healthcare infrastructure. Numerous government organizations boost their financing for the healthcare industry, which also contributes to expanding the blood collection tube market.

Rising senior population:

Most lifestyle diseases, including diabetes and high blood pressure, are more common in older people. Because older people have more illnesses, there is a greater need for laboratory equipment, which drives up the growth of the blood collection tube. The business of blood-collecting tubes grew as a result of the hematological illness.

Here are some restraining factors that may hinder the growth of the blood-collecting tube market:

Lack of skilled professionals:

The development of a blood-collecting tube is hampered by the lack of qualified persons. Blood tests are not performed by unskilled professionals, which limits the market's expansion.

Rise in cost of blood handling equipment:

Equipment pricing is impacted by the price of blood-handling equipment. Blood test results are reduced as a result of rising costs for blood handling equipment. Therefore, the market for blood-collecting tubes is expected to be restrained because of the high cost of the equipment.

Conclusion:

Covid-19 accelerates the development of testing techniques, which has a beneficial influence on the market for blood collection tubes. Tubes that are simple to use, economical, and environmentally beneficial are more in demand. The need for blood-collecting tubes is rising quickly as a result of the aging population as well as increased trauma and accident situations.

Author's Detail:

Anushka Gore / LinkedIn

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