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Rising prevalence of various diseases worldwide is driving the revenue growth of the market 

Capillary Blood Collection Market Size – USD 1.40 Billion in 2020, Market Growth – at a CAGR of 5.3%, Market Trends –Increasing number of surgical procedures globally

The global Capillary Blood Collection Market size is expected to reach USD 2.10 billion by 2028 at a CAGR of 5.3%, according to the latest report by Reports and Data. Rising prevalence of chronic ailments among expanding populace is a significant factor predicted to propel the revenue growth of the global capillary blood collection market between 2021 & 2028.

Additionally, increasing need for minimally invasive methods is likely to augment the demand for capillary blood collection device, thereby fueling the market revenue growth. Moreover, growing application of the technique combined with point-of-care diagnostics has become the most preferred method of testing, especially in remote health settings, which is another factor contributing to the revenue growth of the market.

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Key market players analyzed in the report are:

Becton, Dickinson and Company (U.S.), Thermofisher Scientific (U.S.), B. Braun Melsungen AG (Germany), Ypsomed Holding AG (Switzerland), Bio-Rad (U.S.), Sarstedt AG & Co (Germany), and Terumo Corporation (U.S.).

Capillary blood collection is a medical procedure comprising a properly prepared collection tube or test vessel and a capillary end which is closed with a stopper. It has become a preferred modality for sampling blood, offering easy handling along with tinted, light protected vessels for bilirubin analysis. Moreover, these capillary blood collection tubes are unbreakable, which is fueling their demand in the laboratory. This in turn is promoting the revenue growth of the market.

However, several risks associated with capillary blood collection technique and various challenges faced at the time of micro-collection are a few factors restraining the market revenue growth to a certain extent. Nonetheless, product innovation and fast technological advancements in the capillary blood collection tubes are expected to offer lucrative opportunities for the high growth of the market revenue.

Further key findings in the report

• Revenue of the lancets segment is predicted to grow significantly in the market going ahead. Segment growth is attributed to growing demand for minimum invasiveness during blood collection.
• The whole blood tests segment is expected to register highest revenue share in the global market during the forecast period owing to their ability to detect a wide range of diseases. 
• The hospitals and clinics segment accounted for highest revenue growth in the market in 2020 due to frequent diagnostic testing and large inflow of patients.
• North American market is expected to register largest revenue share in the global market during the forecast period. Rising prevalence of various diseases and increasing number of surgeries are major factors fueling the revenue growth of the market in North America.
• Major companies operating in the market are Becton, Dickinson and Company (U.S.), Thermofisher Scientific (U.S.), B. Braun Melsungen AG (Germany), Ypsomed Holding AG (Switzerland), Bio-Rad (U.S.), Sarstedt AG & Co (Germany), and Terumo Corporation (U.S.).

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For the purpose of this report, Reports and Data has segmented the global capillary blood collection market on the basis of device type, source, application, end user, and region:

Device Type Outlook (Revenue, USD Billion, 2018 - 2028)

• Lancing Devices
  • Puncture Devices
  • Incision Devices
• Microcontainer tubes
• Microhematocrit tubes
• Sealants
• Warming devices
• Others (if any)

Source Outlook (Revenue, USD Billion, 2018 - 2028)

• Infants and Young Children
• Elderly Patients (with Fragile Veins)
• Severely Burned Patients
• Point-of-Care Testing

Application Outlook (Revenue, USD Billion, 2018 - 2028)

• Point-of-Care Testing
  • Blood Glucose Monitoring
• Neonatal Screening
  • Blood Gases Testing
  • Bilirubin
  • Dried blood spot testing (DBS)
• Blood Examination
• Others (if any)

End User Outlook (Revenue, USD Billion, 2018 – 2028)

• Blood Banks
• Hospitals
• Diagnostic Centers
• Others (if any)

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Regional Outlook (Revenue, USD Billion, 2018 - 2028)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • BENELUX
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA

Key Reasons to Buy this Report:

• Qualitative and quantitative assessments of the Capillary Blood Collection industry based on the market segmentation.
• In-depth analysis of the key regional markets and their growth rates over the forecast duration.
• The production and consumption capacities of each regional segment, as well as their market growth opportunities and restraints.
• The competitive landscape of the Capillary Blood Collection industry
• The market ranking of the key players, their new service/product launches, partnerships, acquisitions, and various other business expansion strategies.
• The company overview and SWOT analysis of each market player.

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Growing need for early detection of infectious diseases and rapidly advancing global healthcare infrastructure boost market growth

Clinical Microbiology Market Size – USD 4.1 billion in 2020, Market Growth – at a CAGR of 6.7%, Market Trends – Growing availability of low-cost clinical microbiology products

The Global Clinical Microbiology Market size is expected to reach USD 6.6 billion by 2028 at a CAGR of 6.7%, according to the latest report by Reports and Data. The market is expected to gain robust traction in the coming years due to rising prevalence of infectious diseases worldwide, growing need for early and accurate disease diagnosis, and increasing R&D activities to develop pathogen-specific diagnostic kits. In addition, growing adoption of advanced genomic techniques for disease detection, increased availability of low-cost clinical microbiology products, and growing use of clinical microbiology products across clinical diagnostic centers and research laboratories are other factors fueling the growth of the global clinical microbiology market.

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Clinical microbiology is the study of microbes that cause severe infections in the human body. It involves accurate diagnosis of infectious diseases using bodily fluid samples to identify microbes that cause the infection. Clinical microbiology aids in rapid diagnosis of pathogens and ensures effective administration of antibiotics to enhance treatment results. It uses several advanced diagnostic methods, such as MALDI–TOF mass spectrometry, real-time genome sequencing, and phenotypic microarrays, for sampling and analysis processes. The global clinical microbiology market growth is further driven by rapid development of the healthcare infrastructure worldwide.

Key Highlights of the Report:

• Based on application, the pharmaceutical applications segment is expected to lead in terms of revenue during the forecast period. Growth of this segment is majorly supported by rising development of pharmaceutical drugs and increasing focus on sterile manufacturing of APIs and pharmaceutical excipients.
• Among end-users, the hospitals & diagnostic centers segment is the most dominant segment due to rising prevalence of target diseases, such as HIV-AIDS, and adoption of cutting-edge molecular diagnostic techniques.
• The clinical microbiology market in North America is the largest regional market with highest revenue growth rate in 2020. Increasing adoption of advanced diagnostic technologies, rise in government investments for healthcare infrastructure development, and presence of leading clinical microbiology product manufacturers in the region are key factors propelling the North America market growth.
• Merck KGaA, BioMérieux, 3M, Becton, Dickinson and Company, Danaher Corporation, Abbott Laboratories, Bruker Corporation, Hologic Inc., Bio-Rad Laboratories Inc., Roche Diagnostics, Thermo Fisher Scientific Inc., QIAGEN, Arrow Diagnostics, Agilent Technologies, Memmert, Hardy Diagnostics, NEOGEN Corporation, Biotechnology Solutions, Liofilchem, Shimadzu Corporation, Rapid Micro Biosystems, TCS Biosciences, New Horizons, OpGen, and Vacutest Kima are top companies involved in the global clinical microbiology market.

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For the purpose of this report, the global clinical microbiology market is segmented based on laboratory instrument type, reagent type, disease type, application, end-user, and region:

By Laboratory Instrument Type (Revenue, USD Billion; 2018-2028)

• Incubators
• Gram Stainers
• Petri Dish Fillers
• Microbial Air Samplers
• Blood Culture Systems
• Autoclave Sterilizers
• Bacterial Colony Counters
• Anaerobic Culture Systems
• Microbial Analyzers
• Molecular Diagnostics Instruments
• Mass Spectrometers
• Microscopes
• Others

By Reagent Type (Revenue, USD Billion; 2018-2028)

• Pathogen-specific Kits
• General Reagents
• Others

By Disease Type (Revenue, USD Billion; 2018-2028)

• Bloodstream Infections
• Respiratory Diseases
• Gastrointestinal Diseases
• Sexually Transmitted Diseases
• Periodontal Diseases
• Urinary Tract Infections
• Others

By Application (Revenue, USD Billion; 2018-2028)

• Pharmaceutical Applications
• Food Testing Applications
• Clinical Applications
• Energy Applications
• Environmental Applications
• Chemical & Material Manufacturing Applications
• Others

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By End-user (Revenue, USD Billion; 2018-2028)

• Hospitals & Diagnostics Centers
• Custom Laboratory Service Providers
• Academic & Research Institutes
• Others

By Region (Revenue, USD Billion; 2018-2028)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of the Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of the Middle East & Africa

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Main objectives of the Global Clinical Microbiology Market

• Exhaustive analysis of the segments of the Clinical Microbiology Market
• Analysis of major growth driving and restraining factors
• Financial analysis and market position of the dominant players of the market
• Actionable insights into the current and prospective outlook of market size, share, revenue, sales volume, and growth of the market

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