Canada Vacuum Blood Collection Tube Market Size & Outlook
Canada vacuum blood collection tube market, 2018-2030 (US$M)
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Canada vacuum blood collection tube market highlights
- The Canada vacuum blood collection tube market generated a revenue of USD 108.6 million in 2023 and is expected to reach USD 131.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 2.8% from 2024 to 2030.
- In terms of segment, serum separating tube was the largest revenue generating type in 2023.
- Coagulation Tubes is the most lucrative type segment registering the fastest growth during the forecast period.
Vacuum blood collection tube market data book summary
| Market revenue in 2023 | USD 108.6 million |
| Market revenue in 2030 | USD 131.6 million |
| Growth rate | 2.8% (CAGR from 2023 to 2030) |
| Largest segment | Serum separating tube |
| Fastest growing segment | Coagulation Tubes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serum Separating Tube, Plasma Separation Tubes, EDTA Tubes, Rapid Serum Tubes, Coagulation Tubes |
| Key market players worldwide | Sekisui Chemical Co Ltd, Becton Dickinson & Co, Cardinal Health Inc, Advin Health Care, AdvaCare Pharma |
Other key industry trends
- In terms of revenue, Canada accounted for 3.7% of the global vacuum blood collection tube market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. vacuum blood collection tube market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,586.4 million by 2030.
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Vacuum Blood Collection Tube Market Scope
Vacuum Blood Collection Tube Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada vacuum blood collection tube market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vacuum blood collection tube market will help companies and investors design strategic landscapes.
Serum separating tube was the largest segment with a revenue share of 28.36% in 2023. Horizon Databook has segmented the Canada vacuum blood collection tube market based on serum separating tube, plasma separation tubes, edta tubes, rapid serum tubes, coagulation tubes covering the revenue growth of each sub-segment from 2018 to 2030.
In Canada, the demand for vacuum blood collection tubes is significantly influenced by diseases that require regular blood monitoring and testing. Canada has a high prevalence of diabetes, necessitating regular blood glucose level monitoring, which is expected to drive the demand for blood collection devices.
In addition, with heart disease one of the leading causes of death in Canada, there is a continuous need for blood tests for lipid profiles, cholesterol levels, and other markers to assess heart health. In addition, around 2.6 million Canadian adults live with ischemic heart disease, the most common type of heart disease.
Furthermore, government collaboration with private players significantly drives the vacuum blood collection tube market through various channels, ensuring that healthcare systems can meet the demand for efficient and safe blood collection & testing processes. This collaboration is crucial in addressing public health challenges and promoting innovation & growth within the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada vacuum blood collection tube market , including forecasts for subscribers. This country databook contains high-level insights into Canada vacuum blood collection tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada vacuum blood collection tube market size, by type, 2018-2030 (US$M)
Canada Vacuum Blood Collection Tube Market Outlook Share, 2023 & 2030 (US$M)
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