A vacuum blood collection tube is a plastic tube or sterile glass with a removed closure to create a vacuum inside the tube, promoting the draw of a predetermined volume of liquid. These tubes may contain additives, mostly anticoagulants, designed to stabilize and preserve the blood specimen before analytical testing. These vacuum tubes are available with or without a safety-engineered closure, with different kinds of closure colors and labeling options, as well as a range of draw volumes. Vacuum tubes are covered with a color-coded plastic cap that indicates the additives present in the tube. These color indicators help to easily and efficiently choose the tubes in which should carry the blood as per the tests that have to be achieved. The additives present in the vacuum tubes play the most crucial role as each additive has a unique function, and these additives are selected as per the tests to be performed.
The Indian vacuum blood collection tube market reached USD 71.19 million in 2019 and is likely to reach USD 160.89 million by the end of 2027 by registering a 10.92% CAGR across India. The increasing population rate and rising number of chronic diseases are estimated to fuel the market. Additionally, the growing demand for improved blood sampling techniques and the rising need for safe blood collection technologies will spur the vacuum blood collection tube industry in future periods. Furthermore, the rise in blood donation rate, increasing blood transfusion, and increasing adoption of advanced blood collection devices is expected to witness remarkable growth of vacuum blood collection tube. The increasing usage of vacuum blood collection tubes in blood tests that are carried out to diagnose numerous diseases such as HIV, anemia, diabetes, and cardiovascular diseases are expected to propel the demand for vacuum blood collection tubes over the coming years.
Moreover, the increasing number of trauma cases & accidents and the rising number of surgeries due to various conditions positively impact the market for vacuum blood collection tubes. Furthermore, the rapidly expanding customer base and the rise in extensive R&D activities at the academic and industrial level fuel the demand for vacuum blood collection tubes in the healthcare market. The growing preference towards disposable products for laboratory, rise in demand for reliable and safe equipment for collecting blood, and the use of aseptic techniques during the patient care process will bolster India’s vacuum blood collection tube market share. Additionally, the rising geriatric population and increasing healthcare demands in the developing world propelling the growth of the vacuum blood collection tube market across the country.
The rising burden of chronic and lifestyle diseases is projected to drive the market during the forecasted period of 2020-2027 at a significant rate. Lifestyle diseases like hypertension, diabetes mellitus, high blood pressure, and cardiovascular diseases are increasing due to unhealthy diets and lifestyles. About half of the total chronic disease deaths are attributable to cardiovascular disease. India has one of the highest burdens of cardiovascular disease worldwide. In India, the annual number of deaths from CVD is projected to rise from 2.26 million (1990) to 4.77 million (2020). Coronary heart disease incidence rates in India have been estimated over the past several decades and have ranged from 1% to 13.2% in urban populations and from 1.6% to 7.4% in rural populations.
Additionally, according to WHO, In 2016, India reported 27% of total deaths due to CVDs. CVDs account for 45% of deaths in the 40-69 year age group. This scenario has ensured greater adherence to health checkups and the growing importance of markers to find disease conditions mainly via blood collection. Health checkups are gaining popularity both at a personal level as well as a corporate level. It will be favorable for the market growth and a significant contributor to the blood collection devices market, as blood tests are a primary mode of diagnosing these diseases. However, the lack of skilled personnel and the risks associated with blood transfusion restrains the market.
Based on the product, the India vacuum blood collection tube market is segregated into gel & clot activator tubes, glucose tubes, heparin tubes, EDTA tubes, serum separating tubes, and others. The EDTA tubes segment is lacking the market during the forecasted period of 2020-2027. Due to the rising utilization of EDTA in most hematology procedures like blood transfusions and ablation therapy. It functions by binding calcium in the blood and prevents blood clotting. It is majorly utilized for a complete blood count.
The serum separating tubes will grow significantly due to the expanded serum sample collection used for the various types of diagnosis.
Based on the material, the India vacuum blood collection tube market is categorized into polypropylene, PET, and tempered glass. The polypropylene segment is held for a significant market share in 2019 and will gain maximum market revenue by 2027. It is attributable to its benefits, such as high flexural strength because of its semi-crystalline nature, excellent chemical resistance across the wide range of bases and acids, relatively inexpensive, and low coefficient of friction.
The PET segment is poised to witness significant growth over the forecast period. It is due to the process of treating the PET blood collection tubes is fast, inexpensive, and can be carried out at room temperature.
Based on the application, the India vacuum blood collection tube market is classified into blood routine examination, coagulation testing, biochemical test, and others. The blood routine examination segment is expected to be the highest revenue share for vacuum blood collection tubes during the forecast period. The segment’s growth is proposed to the rising geriatric population and increasing awareness of health, and the burgeoning adoption of regular health checkups. In addition, a typical routine blood test is the complete blood count, also known as CBC, to count your white and red blood cells and measure your hemoglobin levels and other blood components. This test can uncover infection, anemia, and even cancer of the blood.
The coagulation testing will witness a lucrative growth rate in the estimated period due to the rising prevalence of hemophilia, liver disease, and malabsorption.
The Indian vacuum blood collection tube market is segmented into hospitals, clinics, pathology laboratories, and others based on the end-user. The hospital segment is reducing the market during the forecasted period of 2020-2027. It is due to the increasing numbers of infectious diseases and the emergence of liquid biopsy tests, which are expected to grow.
The clinics accounted for the largest share of the vacuum blood collection tube market in 2019 because of the increased diagnosis and treatments. The rise in the aging population and an increase in the prevalence of diseases are propelling blood collection tubes in the clinics to check the type of disease.
The Indian vacuum blood collection tube market is segmented into North India, South India, West India, and East India. North India is estimated to hold the largest share during the forecasted period of 2020-2027. The region’s growth can be attributed to leading industry players coupled with the technological advancements in blood collection procedures & products, which is expected to boost the market. In addition, the increased government support and legislation on blood collection are expected to continue to the market.
South India will capture a prominent share of the vacuum blood collection tube market by 2027. Due to the rise in health care infrastructure, increased awareness of blood collection, and mounting health care expenditures.
Companies such as Becton, Dickinson, and Company, Narang Medical Limited, CML Biotech, Terumo Corporation, Bio – X, Labtech Disposables, Sunphoria Ltd., Greiner Bio-One International, Biosigma, Hebei Xinle Sci & Tech Co. Ltd., and Medtronic plc are the key players in the India vacuum blood collection tube market.