Kuwait Vacuum Blood Collection Tube Market Size & Outlook
Kuwait vacuum blood collection tube market, 2018-2030 (US$M)
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Kuwait vacuum blood collection tube market highlights
- The Kuwait vacuum blood collection tube market generated a revenue of USD 15.0 million in 2023 and is expected to reach USD 18.3 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 2.9% 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 15.0 million |
| Market revenue in 2030 | USD 18.3 million |
| Growth rate | 2.9% (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, Kuwait accounted for 0.5% 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 Middle East & Africa, South Africa vacuum blood collection tube market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 31.3 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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Kuwait 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 30.67% in 2023. Horizon Databook has segmented the Kuwait 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.
Blood chemistry tests are vital for patients with CKD or at risk of developing CKD. These tests measure levels of various substances in the blood, including creatinine and Blood Urea Nitrogen (BUN), which are indicators of kidney function. Vacuum blood collection tubes collect the blood samples needed for these tests.
The airtight seal of these tubes ensures that the sample's integrity is maintained until analysis, providing accurate results. The increasing incidence of kidney diseases and healthcare services provided at Kuwait's public hospitals available for free to all the citizens of the country is a major factor driving the vacuum blood collection tube market.
According to the Kuwait Ministry of Health, the prevalence of CKD in Kuwait is estimated to be 10%. This means that around 4.8 million people in Kuwait have CKD. In addition, people are becoming more aware of the benefits of medical tests, such as their ability to relieve pain and improve kidney function.
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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait vacuum blood collection tube market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait vacuum blood collection tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait vacuum blood collection tube market size, by type, 2018-2030 (US$M)
Kuwait Vacuum Blood Collection Tube Market Outlook Share, 2023 & 2030 (US$M)
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