Europe Vacuum Blood Collection Tube Market Size & Outlook
Europe vacuum blood collection tube market, 2018-2030 (US$M)
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Europe vacuum blood collection tube market highlights
- The Europe vacuum blood collection tube market generated a revenue of USD 830.6 million in 2023.
- The market is expected to grow at a CAGR of 3.4% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 830.6 million |
| Market revenue in 2030 | USD 1,049.1 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Serum separating tube |
| Fastest growing segment | Coagulation Tubes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 28.4% of the global vacuum blood collection tube market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 467.8 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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Europe 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 29.11% in 2023. Horizon Databook has segmented the Europe 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.
Ongoing advancements & investments in healthcare infrastructure in European countries significantly drive the demand for efficient and reliable blood collection methods, including vacuum blood collection tubes. The increasing prevalence of chronic diseases, such as diabetes, cardiovascular diseases, and cancer in Europe, necessitates regular blood tests, boosting the vacuum blood collection tube market.
However, the use of vacuum blood collection tubes in treating asthma is primarily centered around diagnostic purposes rather than direct treatment. These tubes are essential tools in the collection of blood samples for testing & analysis, which can be crucial in the management and diagnosis of asthma.
Consequently, there is an immediate need for additional research to address this pressing issue. The availability of advanced technology and increasing R&D initiatives are anticipated to fuel market growth during the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe vacuum blood collection tube market , including forecasts for subscribers. This continent databook contains high-level insights into Europe vacuum blood collection tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe vacuum blood collection tube market size, by country, 2018-2030 (US$M)
Europe Vacuum Blood Collection Tube Market Outlook Share, 2023 & 2030 (US$M)
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