North America Market for Blood Collection Tubes to Exhibit 8.60% CAGR from 2015 to 2023 due to Growing Prevalence of Chronic Diseases

As per the research study, in 2014, the North America market for blood collection tubes stood at US$300.8 mn and is predicted to reach US$632.1 mn by the end of 2023. The market is estimated to register a promising 8.60% CAGR between 2015 and 2023. The research study offers insightful inputs by industry experts along with projected figures to help decision-makers in formulating business strategies in an effective manner.

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Blood is an important component of the human body and is widely used in hospital for diverse procedures. In addition, millions of blood units are donated across the globe to be used for accident victims, cancer therapies, organ transplantation, and other surgical procedures. Blood plays a crucial role in saving life; however, it can also prove to be fatal as it is considered as a potential vector for several infectious diseases.

The increasing geriatric population and growing prevalence of diseases in developed regions such as North America are some of the key factors expected to fuel the growth of the market throughout the forecast period. The increasing number of diseases affecting the general population is boosting the number of diagnostic blood tests, further driving the overall market. The availability of advanced medical infrastructure in North America is further estimated to augment the growth of the market in the next few years.

The North America market for blood collection tubes has been categorized into rapid serum tubes, heparin tubes, EDTA tubes, serum separating tubes, plasma separation tube, and others. Among these segments, at present, the serum separating tubes segment holds a substantial share in the North America market for blood collection tubes. The North America market for blood collection tubes has been divided on the basis of geography into Canada and the U.S. The research study has included the market share, size, and projected figures of both the regions to give the readers a clear picture of the market.

Furthermore, the research study offers an in-depth vendor analysis of the North America market for blood collection tubes, including detailed company profiles, contact information, business policies, financial status, SWOT analysis, and recent news and developments if any. Some of the prominent players operating in the North America market for blood collection tubes are Terumo Corporation, Becton, Dickinson & Company, Sarstedt AG & Co., Greiner Group AG, QIAGEN N.V., and FL Medical srl.

An Overview of the 61-page report is available on the Transparency Market Research website.

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