Plasma Separation Tubes Market : Latest Advancements and Business Opportunities 2031

The Plasma Separation Tubes Market revenue totaled US$ 466.6 Mn in 2021, according to Future Market Insights (FMI) study. The overall sales of plasma separation tubes is expected to reach US$ 874.6 Mn by 2031, growing at a CAGR of 6.5% between 2021 and 2031.

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The increasing demand for regular health checkups due to the rise in lifestyle and chronic diseases such as diabetes, obesity and blood pressure has led to higher uptake of non-invasive diagnostics tools such as plasma separation tubes.

The key market players covered includes Becton, Dickinson, & Company, Greiner Bio-One GmbH, Guangzhou Improve Medical Instruments Co.,Ltd, AB Medical, Inc., SARSTEDT AG & Co. KG, Cardinal Health, Poly Medicure Ltd, FL Medical , InterVac Technology, CHENGDU RICH SCIENCE INDUSTRY CO., LTD., Zhejiang Gongdong Medical Technology Co., Ltd., Aptaca Spa., Hindustan syringes & Medical Devices.

Plasma present in a human blood is one of the convenient sources which can circulate biomarkers. The antibodies, antigens and foreign nucleic acid present in plasma, help to diagnose a variety of serious infectious diseases including cancer, Alzheimer’s, and those caused due to Zika or Ebola virus during outbreaks.

As per The Lancet’s 2020 report on the global burden of diseases 2019, which was led by the Institute of Health Metrics & Evaluation analyzed more than 286 causes of death and stated that around 204 countries across the globe were affected by nearly 369 kinds of diseases and injuries associated with more than 80 risk factors. Global crisis due to chronic diseases and related risk factors have left a large number of population at a higher risk and vulnerable to acute health emergencies like in COVID-19 cases.

High prevalence of diseases together with growing researches into development of novel products like miniaturized versions of plasma separation tubes is expected to give opportunity for the market players to invest and grow in the future.

Plasma separation tubes products portfolio involves EDTA tubes, lithium heparin tubes and sodium heparin tubes. There is a growing demand from healthcare sector for advances in developing systems which can help plasma separation from blood without affecting its yield or purity while avoiding variability due to hemolysis.

The centrifugation process thus plays an important role to alleviate such issues. This in turn has increased the demand for tubes for plasma separation.  The increasing ageing population world-wide together with improved healthcare infrastructure, rising investment towards healthcare expansion by governments, and investments in research and developments are expected to stimulate growth in the plasma separation tube market.

“With competition expected to soar in the coming years, market players are expected to shift focus towards expansion of their portfolio. Besides investment in advanced product development, some are expected to emphasize on mergers and acquisitions to strengthen their global footprint,” said a FMI analyst.

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Key takeaways from Plasma Separation Tubes Market study

• By product, EDTA tubes comprise the most lucrative segment. Demand for EDTA tubes will grow at a CAGR of more than 7.2% over 2021-2031.
• By material, PET/Plastic tubes will lead the market in the forecast period growing at CAGR of 6.7%.
• By application, routine chemistry will dominate the market with more than 34% of the share in 2031.
• By end user, diagnostic laboratories segment is leading the market and expected to hold more than 46% of revenue share over the forecast period.
• Europe will dominate the global plasma separation tubes market in terms of revenue in 2021, followed by East Asia.
• China holds lead in in East Asia and is expected to account for nearly 66% of market share by 2031.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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