Plastic blood collection tubes to dominate the blood collection tubes market globally

Blood collection tubes are useful diagnostic tools in the practice of laboratory testing. They provide accuracy and precision, safety, ease-of-use, and speed of diagnostic process and provide greater accuracy in blood-to-additive ratios. The global blood collection tubes market is estimated to expand at a CAGR of 6.5 percent from 2018 to 2026, states Transparency Market Research. Blood collection tubes contain clot activators coated with a water soluble polymer or anticoagulant. The tube stoppers are color coded to indicate the tube type for a specific test. This color coding of tubes helps the laboratory staff in distinguishing the tubes for various laboratory tests. Plastic blood collection tubes are highly preferred due to decreased breakage hazard, decreased weight, being less expensive, and being safer than glass. Plastic blood collection tubes offer certain practical operational advantages and are suitable for routine chemistry analysis. The shatter-resistant plastic reduces the risk of exposure to blood borne pathogens.

The growing demand for accuracy and precision in the medical tests is acknowledged as a key factor driving the market. On the basis of product type, the serum separating tubes account for a larger share. The US blood collection tubes market is projected to grow at a CAGR of 6.5 percent wherein the plastic tubes segment enjoys a dominant share. The Brazil blood collection tubes market is expected to expand at a CAGR of 6.6 percent. Germany and Italy account for a significant market share in the European blood collection tubes market. The APAC blood collection tubes market represents the most lucrative geographic region wherein India and China represent substantial incremental opportunity. The APAC blood collection tubes market is expected to expand at a CAGR of 7.3 percent.