Blood Collection Tubes Market Size, Share, Growth Analysis, By Product(Serum Separating Tube, Plasma Separation Tube, Rapid Serum Tubes, Heparin Tubes), By Material(Glass, Plastics), By End User(Diagnostic Centers, Healthcare Centers, Research and Development Centers), By Region - Industry Forecast 2024-2031

Global Blood Collection Tubes Market size was valued at USD 6.09 billion in 2022 and is poised to grow from USD 6.49 billion in 2023 to USD 10.77 billion by 2031, growing at a CAGR of 6.53% during the forecast period (2024-2031).

Rapidly increasing demand for diagnostic testing around the world in the wake of growing prevalence of chronic and infectious diseases is slated to primarily drive sales of blood collection tubes. Growing number of routine and specialized blood tests being performed around the world are also expected to create new opportunities for blood collection tube providers going forward. Increasing use of blood tests for early detection of diseases and advancements in blood collection technologies are also expected to favor blood collection tubes market growth in the future. Use of recyclable and sustainable materials to manufacture blood collection tubes is projected to emerge as a highly popular trend among blood collection tube companies in the long run. However, high costs of advanced tubes, concerns regarding waste caused by plastic tubes, availability of alternative diagnostic techniques, and risk of infection are some key constraints that are slated to limit the sales of blood collection tubes over the coming years.

US Blood Collection Tubes Market  is poised to grow at a sustainable CAGR for the next forecast year.