- Venous blood collection devices are essential tools used in clinical and diagnostic settings to obtain blood samples for various tests and treatments. These devices, including needles, syringes, and collection tubes, are crucial for procedures such as routine blood testing, blood transfusions, and diagnosis of chronic diseases
- The demand for venous blood collection devices is significantly driven by the increasing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and cancer, as well as a growing emphasis on preventive healthcare and early disease detection
- North America is expected to dominate the venous blood collection devices market with largest market share of approximately 75.5%, due to advanced healthcare infrastructure, high healthcare spending, and increasing diagnostic testing demand. The region also benefits from a large number of healthcare facilities and a well-established reimbursement system
- Asia-Pacific is projected to be the fastest-growing region in the venous blood collection devices market during the forecast period, due to rising healthcare access, increasing awareness about blood-related diagnostic testing, and expanding healthcare infrastructure in countries like China and India
- Plastic segment is expected to dominate the market with a largest market share of approximately 88.5%, due to the cost-effectiveness of plastic, which makes it more affordable to produce and purchase compared to glass alternatives. Plastic blood collection devices are also safer and more durable, as they are less prone to breakage, reducing the risk of injury during handling and transportation
