MENAT Vacuum Blood Collection Tubes Market Growth and Recent Trends by 2028

The MENAT vacuum blood collection tube market is expected to grow from US$ 180.48 million in 2021 to US$ 293.94 million in 2028; it is estimated to grow at a CAGR of 7.3% from 2022 to 2028. 

The market growth is attributed to growing government support for blood test services and rising prevalence of blood and genetic disorders. However, risks associated with blood collection tubes are hindering the market growth.

A vacuum blood collection tube is a sterile glass or plastic test tube with a stopper that creates a vacuum inside the tube, depicting the present volume of liquid. The vacuum blood collection tube prevents needle stick damage by preventing needles from coming into human contact, which could lead to adulteration. A double-pointed needle is fitted to a plastic tubular adapter in the vacuum blood collecting tube. Double pointed needles are available in numerous gauge sizes. Additional elements may be present in vacuum blood collection tubes, which are used to preserve blood for treatment in a medical laboratory.

Rest of MENAT Vacuum Blood Collection Tubes Market Revenue and Forecast to 2028 (US$ Million)

Market Insights

Growing Government Support for Blood Test Services

Rising health concerns have led to increased demand for public and private medical laboratories and research laboratories in the UAE. The primary focus of medical laboratories is clinical research, where they offer several testing services. For instance, MaxMed laboratories, Al Rayan Medical Laboratory, and Al Tiraq Laboratory are clinical laboratories where blood sample collection and analysis procedures are performed daily, as per the laboratory's standard guidelines. Moreover, these laboratories have special facilities for blood sample preparation and storage of blood specimens. Further, in October 2022, the Dubai Health Authority (DHA) announced the launching of the UAE's first-of-its drive-through blood test services. The UNILABS will provide this new service, recognized by the ISO-certified Emirates International Accreditation Center (EIAC) in collaboration with the United Medical Center (UMC) in Dubai. By launching such a service, the customers can undergo drive-through blood tests as recommended by the treating physicians. In addition, the Parent's Guide to Cord Blood Foundation 2022 report states that most of the biobanks in the UAE are either cord blood banks or adipose stromal cell banks. Cord blood banking is one such example. A 2020 law was passed by the UAE Ministry of Health that became effective in January 2022, aiming for banks to collect cord blood units in the UAE to set up a laboratory and storage facility inside the UAE.

In addition, the process of rejuvenating, replacing, regenerating, and restoring cells and establishing healthy function is called regenerative medicine (RM). Also, the healthcare sector in the UAE favors the growth of the RM industry. Such high growth encompasses advanced biotherapies such as cell therapy, immunomodulation therapy, gene therapies, and tissue engineering, where blood sample/specimen collection and storage plays a critical role. For instance, in 2020, the Government of Dubai passed a law that focuses on the regulations on autologous adipose cellular therapies coupled with blood collection/specimen for research activities. Thus, growing government support for blood test services is likely to favor the market growth.

The mortality rate of patients in low-cost regions is rising because healthcare professionals have limited their patient checkups as many hospitals are experiencing a shortage of resources and staff. The rising cases of COVID-19 increased the demand for diagnostic tests, such as blood tests or antibody tests, in its healthcare system, supporting the growth of the MENAT vacuum blood collection tube market. In June 2020, two of the largest private hospital groups in the UAE rolled out FDA-authorized COVID-19 serology tests for the public. Further, in 2021, Israel launched antibody testing for children aged three or more to gather information on the number of unvaccinated children who have developed immunity against COVID-19. Thus, the above-mentioned factors supported the growth of the market.

Product-Based Insights

Based on product, the MENAT vacuum blood collection tube market is segmented into heparin tubes, EDTA tubes, glucose tubes, serum separating tubes, and ERS tubes. In 2021, the serum separating tubes segment held the largest share of the market. However, the EDTA tubes segment is expected to grow at the fastest rate during the coming years. Serum separating tubes are coated with micro silica particles, which induces blood to clot rapidly, and the barrier gel effectively separates serum from fibrin and cells, while restricting substance exchange between blood cells and serum. Various MENAT players offer these tubes; for example, BD offers BD Vacutainer SST Tubes with different tube sizes.

MENAT Vacuum Blood Collection Tubes Market, by Product – 2021 and 2028

Material-Based Insights

Based on material, the MENAT vacuum blood collection tube market is segmented into PET, polypropylene, and tempered glass. In 2021, the PET segment held the largest share of the market. Moreover, the same segment is also expected to grow at the fastest rate during the coming years.

Application-Based Insights

Based on application, the MENAT vacuum blood collection tube market is segmented into blood routine examination, biochemical test, and coagulation testing. In 2021, the blood routine examination segment held the largest share of the market. However, the coagulation testing segment is also expected to grow at the fastest rate during the coming years.

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MENAT Vacuum Blood Collection Tubes Market: Strategic Insights

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Product launches and approvals are the commonly adopted strategies by companies to expand their footprints and product portfolios. Various companies in the MENAT vacuum blood collection tube market focus on the collaboration strategy to expand their clientele, which, in turn, helps them maintain their brand name across the world.

Company Profiles

• Becton Dickinson and Co
• Vitrex Medical AS
• ELITech Group SAS
• Greiner Bio-One GmbH
• Terumo Corp
• Advin Health Care Pvt Ltd
• Biosigma SPA
• Alpha Laboratories Ltd
• Streck Inc
• SARSTEDT AG and Co. KG
• Advance Medical

Report Scope

MENAT Vacuum Blood Collection Tubes Market Regional Insights

The regional trends and factors influencing the MENAT Vacuum Blood Collection Tubes Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses MENAT Vacuum Blood Collection Tubes Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

MENAT Vacuum Blood Collection Tubes Market Report Scope

MENAT Vacuum Blood Collection Tubes Market Players Density: Understanding Its Impact on Business Dynamics

The MENAT Vacuum Blood Collection Tubes Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the MENAT Vacuum Blood Collection Tubes Market are:

1. Becton Dickinson and Co
2. Vitrex Medical AS
3. ELITech Group SAS
4. Greiner Bio-One GmbH
5. Terumo Corp

Disclaimer: The companies listed above are not ranked in any particular order.