The global capillary blood collection devices market is project worth $1.73 Billion by 2026 and the market is projected to showcase 5.2% CAGR during the forecast period. Increasing incidences of chronic, infectious, and autoimmune diseases worldwide and ease of usage, and various other favourable features of capillary blood collecting devices are expected to drive the global capillary blood collection devices market.
Increase in incidences of infectious, chronic, and autoimmune diseases are few of the major factors that encourage the demand leading to market growth owing to rising number of blood tests globally. The technique of drawing blood through capillary devices has been among the most widely used for haemoglobin and glucose testing in hospitals and clinics. Minimally invasive nature and ease of usage make it ideal for testing and home care diagnosis, thus boosting the global capillary blood collection devices market’s growth. The popularity of usage of this technique in conjugation with PoC diagnostics has turn out to be the preferred mode of testing in ambulatory and remote health settings.
Chronic diseases are global healthcare issues with over half of the adult population in the U.S. suffering from such diseases, which is recorded to contribute over 75% of the total healthcare cost in the nation. Thus, increasing number of chronic and infectious diseases create huge demand for diagnostic testing, thus encouraging growth of these collection devices.
Market By Material
Market By Product
Market By Application
Market By End-use
Market By Geography
Plastic devices held the greater market share in 2017 due to their cost-effectiveness, lightweight, and biocompatible nature in addition to widespread usage in medical devices. Non-porous nature, durability, and impassable are few factors boosting the demand for glass devices in the global capillary blood collection devices market. Glass and plastic based collection devices are likely to dominate the global capillary blood collection devices market during the forecast period due to its extensive usage in the manufacture of medical devices and other related products.
North America capillary blood collection devices market is expected to lead the global market throughout the forecast period attributable to existence of prominent number of market players and high incidence of infectious and chronic diseases.
The Asia Pacific capillary blood collection devices market is expected to increase at the considerable CAGR during the forecast period. Dense population along with increasing incidences of chronic diseases such as diabetes and cancer are the major factors boosting to the growth of the regional market.
The key players catering to the global capillary blood collection devices market are Dickinson and Company; Becton, Sarstedt AG & Co; Thermo Fisher Scientific Inc.; NIPRO Europe Corporation; Terumo Medical Corporation; Cardinal Health; Kabe Labortechnik GmbH; B Braun Melsungen AG; Greiner Bio One International GmbH; and Owen Mumford Ltd. The global players are continuously investing in R&D and innovating new product portfolio to attract more and more business opportunity from the emerging nation such as India and China. Also, Increasing R&D investments coupled with technological advancements to commercialise highly efficient products are anticipated to offer lucrative opportunities for industry participants.
The global dental implants market is expected to grow at a CAGR of around 5.6% over the forecast period 2019 to 2026 and to reach the market value of around US$ 6,084.5 Mn by 2026. The dental implant is the artificial root of the tooth that is placed into the jaw to the replaced teeth or the dental bridge. This is usually made from the titanium material and used for the people who have lost their teeth because of injury, periodontal disea
The global healthcare distribution market value is expected to reach around US$ 1,275 Bn by 2026 and growing at a CAGR of around 7.7% over the forecast period 2019 to 2026. Healthcare distribution refers to the entire distribution practices in the healthcare industry for accomplishing the tasks including purchasing medical, laboratory and pharmacy supplies, Customer relationship management (CRM), Enterprise re
The global open MRI systems market is expected to grow at a CAGR of around 6.1% over the forecast period 2019 to 2026 and expected to reach the market value of around US$ 1,563.1 Mn by 2026. Magnetic resonance imaging (MRI) systems refer to the equipment which uses the medical imaging technique to form images of physiological processes of the body with the help of radiofrequency pu
The Global Artificial Intelligence for Drug Discovery Market size is expected to reach around US$ 8,149 Mn by 2026 and is expected to register a CAGR of above 42%. There is constant increase in number of patients suffering from chronic diseases across the globe and pharmaceutical companies are investing high on development of various drugs. Artificial Intelligence is able to assist manufacturers by providing s
The global healthcare staffing market value is expected to reach around US$ 45.2 Bn by 2026 and growing at a CAGR of around 5.2% over the forecast period 2019 to 2026. Healthcare staffing agencies are the recruitment firms that provide a broad spectrum of healthcare staff ranging from nurse and physician to allied clinician and pharmacists. Healthcare facilities often need assistan
The global ambulatory surgical and emergency centers market is expected to grow at a CAGR of 6.2% over the forecast period 2019 to 2026 and market size is poised to reach US$ 203.1 Bn by 2026. Ambulatory surgery and emergency centers are medical care facilities that provide same-day surgery care which also includes consultation and diagnosis. It is a more convenient alternative to hospital based outpatient pro