Plasma Separation Tubes Market will reach CAGR of 6.6% between 2023 to 2033, with US$ 987.7 Million | As per Future Market Insight Study

The global Plasma Separation Tubes Market is worth US$ 521.1 Million as of now and is expected to reach US$ 987.7 Million by the year 2033 at a CAGR of 6.6% between 2023 and 2033.

Frequency of point-of-care testing is increasing at an alarming rate, which could be attributed to road mishaps and chronic diseases increasing at an astounding rate.

CDC data does reveal that ~60% of the adults all across the US do suffer from chronic ailments; with over 40% suffering from two or more than two chronic conditions. Canada Statistics Health Survey does report that ~15% of the Canadian population does experience disabilities. The hospitals are asking for centrifugation processes in blood banks and diagnostic centers; which has increased the demand for plasma separation tubes, especially the gel-containing tubes.

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At the same time, the fact that plasma separation tubes face shelf-life limitations through expiry dates of additives can’t be ignored. Besides, gels’ and additives’ sensitivity to radiation could pose to be a serious challenge.

Future Market Insights has entailed these findings with future perspectives in its latest market study entitled ‘Plasma Separation Tubes Market’. It has its line of expertise in the form of analysts and consultants to look through the bottom-up approach across macros and micros.

“With an upsurge in road mishaps, the global plasma separation tubes market is expected to grow on a robust note in the forecast period”, says an analyst from Future Market Insights.

Key Takeaways from Plasma Separation Tubes Market

  • North America holds a sizable market share with growing initiatives by the US government regarding spreading awareness about various chronic ailments with vitality of getting diagnosed at the early stages to go for better treatment facilities.
  • Europe holds the second-largest market share with Germany being the major revenue generator. This could be credited to advancements in healthcare infrastructure herein. The UK is into implementation of initiatives for modernizing healthcare system, improving patient outcomes, and improving diagnostic capabilities.
  • The Asia-Pacific is expected to grow in plasma separation tubes market at the fastest rate with China and India recording the highest rates of road accidents (thereby needing blood transfusion).

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Competitive Analysis

  • June 2021 witnessed FL Medical introducing Vacuumed Granules Separator Tubes in its collection of vacuum blood collection devices.
  • Grenier Bio-one did introduce Vaccuate FC Mix Tube for glucose analysis in February 2021.
  • Intervactechnology OU did come up with a packaging system for blood collection devices set. The sets are being made available for pack of 5-, 2-, and 1-tube pack.

What does the Report state?

  • The research study is based on product (EDTA tubes, lithium heparin tubes, and sodium heparin tubes), material (PET/plastic and glass), application (routine chemistry, serology & immunology, blood typing, blood sugar assay, molecular genetics, and likewise), and end-user (diagnostic laboratories, hospitals & clinics, research & academic institutes, and veterinary hospitals & clinics).
  • With increasing demand for health check-ups in the wake of sedentary lifestyles and chronic ailments like diabetes, high blood pressure, and obesity, the global plasma separation tubes market is all set to witness exponentiation in the near future.

Some of the key players operating in the market profiled by FMI are:

  • Beckton, Dickinson and Company
  • Greiner Bio-One International GmbH
  • Guangzhou Improve Medical Instruments Co.,Ltd
  • AB Medical Inc.,
  • SARSTEDT AG & Co.KG
  • InterVac Technology
  • Cardinal Health, Inc.
  • Poly Medicure Ltd.
  • FL Medical
  • CHENGDU RICH SCIENCE INDUSTRY CO., LTD.
  • Sekisui Medical Co., Ltd
  • APTACA spa
  • Hindustan Syringes & Medical Devices
  • Biosigma S.p.A.

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Plasma separation tubes Market by Category

Product

  • EDTA Tubes
  • Lithium Heparin Tubes
  • Sodium Heparin Tubes

Material

  • PET/Plastic
  • Glass

Application

  • Routine Chemistry
  • Serology & Immunology
  • Blood Typing
  • Blood Sugar Assay
  • Molecular Genetics
  • Others

End User

  • Diagnostic Laboratories
  • Hospitals & Clinics
  • Research & Academic Institutes
  • Veterinary Hospitals & Clinics

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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