Saudi Arabia Vacuum Blood Collection Tube Market Size & Outlook
Saudi Arabia vacuum blood collection tube market, 2018-2030 (US$M)
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Saudi Arabia vacuum blood collection tube market highlights
- The Saudi Arabia vacuum blood collection tube market generated a revenue of USD 35.3 million in 2023 and is expected to reach USD 43.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.1% 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 35.3 million |
| Market revenue in 2030 | USD 43.7 million |
| Growth rate | 3.1% (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, Saudi Arabia accounted for 1.2% 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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Saudi Arabia 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 30.31% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
The Saudi Arabia market is expected to witness significant growth due to the increasing awareness and prevalence of infectious diseases, including HIV, and other conditions requiring blood diagnostics. The country’s healthcare sector is undergoing rapid expansion & modernization, with substantial investments from government and private sectors.
This includes the construction of new hospitals and clinics and the upgrading of existing medical facilities, which increases the demand for advanced diagnostic and blood collection tools. Moreover, the Saudi government’s initiatives aimed at improving healthcare quality and accessibility, such as the Vision 2030 plan, play a crucial role in this growth.
In addition, the prevalence of genetic diseases and cancer cases is significantly impacting the Saudi Arabian vacuum blood collection tube market. The diagnosis and management of these conditions require precise & efficient blood collection & analysis, for which vacuum blood collection tubes are required.
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Our clientele includes a mix of vacuum blood collection tube market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia vacuum blood collection tube market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia vacuum blood collection tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia vacuum blood collection tube market size, by type, 2018-2030 (US$M)
Saudi Arabia Vacuum Blood Collection Tube Market Outlook Share, 2023 & 2030 (US$M)
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