Greater economic dynamism, increasing geriatric population, lower essential workforce requirement, reduction in contamination, expanding product portfolio, improving healthcare norms are the driving factors of the global sample collection device market.
The global sample collection device market tends to reach USD 13.74 billion by 2024 owing to the increasing surgical procedures at a CAGR of 7% over the forecast period. Tubes segment is anticipated to dominate the sample collection device market by contributing the market share of 20-25% in the forecast years. Diagnostic labs and home care settings are the emerging fields in the end-user segment, growing at a CAGR of 5-6% over the forecast period.
Increasing geriatric population, higher incidence of infection and hygiene related awareness among population tends to make APAC the highest growing region in the sample collection device market attaining the revenue of USD 3.75 billion by 2024.
Automated Sample Storage Systems: Biobanks
Use of biologics in healthcare and R&D is expanding at a remarkable rate owing to the demands for storing, processing and maintaining the quality of the sensitive and irreplaceable samples. The BiOLiX Automated Bio-Library storage systems address the bio-sample storage application with robust environmental control.
“Global Sample Collection Device Market Outlook 2024” contains detailed overview of the global sample collection device market in terms of market segmentation by product type, raw material and end user.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global sample collection device market report also provides competitive outlook for some of the major players which includes profiling of companies such as Teleflex, Medline Industries, Inc., Hollister Incorporated, Coloplast Ltd., Braun Melsungen AG, CR Bard Inc., Boston Scientific Corporation, Covidien Plc, CooK Medical, Thermo Fisher Scientific Inc. and BD etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global sample collection device market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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