Middle East and Africa Capillary Blood Collection and Sampling Devices Treatment Market Will at Reach USD 38.99 million by 2030

PRESS RELEASE
Published March 20, 2023

An international Middle East and Africa Capillary Blood Collection and Sampling Devices Treatment market research report is generated with the best and advanced tools of collecting, recording, estimating, and analysing market data. With the systematic and comprehensive market research study, this market research report provides the facts associated with any subject in the field of marketing for Healthcare industry. It gives better ideas and solutions in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. A high-ranking Middle East and Africa Capillary Blood Collection and Sampling Devices Treatment market report has been prepared by considering several fragments of the present and upcoming market scenario.

Strategically analyzed facts and figures of the market and keen business insights covered in the world class Middle East and Africa Capillary Blood Collection and Sampling Devices Treatment business report would be a key aspect in achieving enduring business growth. The report offers steadfast knowledge and information of revolutionizing market landscape, what already exists in the market, future trends or what the market expects, the competitive environment, and strategies to plan to outshine the competitors. Middle East and Africa Capillary Blood Collection and Sampling Devices Treatment market research document uncovers the general market conditions, trends, inclinations, key players, opportunities, geographical analysis, and many other parameters that helps drive business into right direction.

Data Bridge Market Research analyses that the capillary blood collection and sampling devices treatment market, which is USD 28.49 million in 2022, is expected to reach USD 38.99 million by 2030, at a CAGR of 4.0% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Capillary blood collection devices are used to extract capillary blood. Capillary blood can be obtained through a finger, earlobe, or heel puncture. It is also possible to make an incision in the skin. Capillary blood collection and sampling techniques have gained popularity because they extract a precise amount of blood while lowering the risk of anaemia. For collecting capillary blood, the volumetric microsampling technique is now widely used. Furthermore, new technological advancements are being made to meet the needs of doctors and patients.

Market KeyPlayers Covered in This Report:

BD, B. Braun Melsungen AG, Cardinal Health, Terumo Medical Corporation (A Subsidiary of Terumo Corporation), Owen Mumford Ltd, Nipro Europe Group Companies (A Subsidiary of Nipro Corporation), Radiometer Medical ApS  (A Subsidiary of Danaher), F. Hoffmann-La Roche Ltd and Abbott, among others.

Middle East and Africa Capillary Blood Collection and Sampling Devices Treatment Market Country Level Analysis

  • U.S., Canada and Mexico in North America
  • Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
  • China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
  • Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA)
  • Brazil, Argentina and Rest of South America as part of South America.

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Drivers

  • Increase in demand for safe blood collection technologies

Clinical diagnostics are important in many medical fields and in healthcare delivery. Blood sample collection is critical to laboratory activities because millions of blood samples are collected each year for chemical and haematological testing to diagnose diseases. The risky practise of blood collection, also known as phlebotomy, can have serious consequences for patients, including fainting, pain at the puncture site, nerve damage, and hematoma. Due to a shortage of skilled professionals, poor venipuncture practise has resulted in anatomical structures near the point of needle entry being injured.

Furthermore, capillary blood testing requires less blood volume and is quick and simple to perform. Physicians and patients prefer capillary blood sampling due to the advantages it has over venous blood sampling. As a result, there is a greater demand for more efficient capillary collection devices, which serves as a market driver.

  • The rising availability of POC diagnostics

Point-of-care testing is diagnostic testing performed at the bedside of patients in their homes. It can also be done at any time and from any location. As a result, it is also known as bedside testing. Previously, testing was limited to the laboratories to which the specimen was sent, and obtaining the sample could take anywhere from hours to days. It not only saves time, but it also enables clinicians to provide quality and effective patient care in the patient’s home. Because of its advantages, point-of-care diagnostics is becoming more popular.

According to various reports, the total value of the capillary blood collection and sampling devices treatment market was USD 40-45 billion, with POC diagnostics contributing USD 12-13 billion.

The demand for POC testing has increased as health awareness, and the incidence of infectious diseases have increased. Traditional arterial and venous blood collection methods are painful and invasive, with a higher risk of needlestick injuries and contamination if not performed by trained personnel. On the other hand, the capillary blood collection method is less invasive, causes less pain, and has few side effects. Furthermore, it does not necessitate the use of skilled professionals; thus, it is a point care testing technique. Capillary collection devices have advanced in tandem with the rise in POC testing.

Opportunities

  • Product innovation and technological advancements in capillary blood collection devices

Blood collection is an important step in the delivery of healthcare. 70% to 80% of clinical decisions are made based on blood sample analysis. Many companies are using safer, easier, and more efficient methods to collect blood samples, thanks to the growing trend of blood collection innovation. For pharmacy clinics, capillary blood sampling is an excellent technique. This method is preferred over venipuncture due to its ease of use and safety; it also eliminates the need for skilled technicians. One disadvantage of finger sticks is that the blood droplets vary in size. This problem can be solved by introducing new and innovative products.

For instance- TAP, the world’s first device that draws blood with a push button, was introduced by Seventh Sense Biosystems. This device is worn on the upper arm and draws blood with the push of a button. This makes high-quality lab testing more convenient and cost-effective.

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Middle East and Africa Capillary Blood Collection and Sampling Devices Treatment Market Scope

The capillary blood collection and sampling devices treatment market is segmented on the basis of product, modality, mode of administration, application, platform, procedure, age group, test type, technology, material, end user, distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Blood Sampling Devices
  • Capillary Blood Collection Devices
  • Rapid Test Cassette
  • Remote Capillary Blood Collection Device
  • Wearable Capillary Blood Collection Device

Modality

  • Manual Sampling
  • Automated/Autoinjection Sampling

 Mode of Administration

  • Puncture
  • Incision

Application

  • Cardiovascular Disease
  • Infection and Infectious Disease
  • Respiratory Diseases
  • Cancers
  • Rheumatoid Arthritis
  • Others

 Platform

  • Enzyme Immunoassay Platform (Elisa Platform)
  • PCR Platform
  • Lateral Flow Immunoassay Platform
  • ELTABA Platform
  • Others

Procedure

  • Conventional
  • Point of Care Testing

Age Group

  • Geriatrics
  • Infant
  • Pediatric
  • Adult

Test Type

  • Whole Blood Test
  • Dried Blood Spot Tests
  • Plasma/Serum Protein Tests
  • Liver Panel/Liver Profile/Liver Function Tests
  • Comprehensive Metabolic Panel (CMP) Tests
  • Others

 Technology

  • Volumetric Absorptive Microsampling
  • Capillary Electrophoresis-Based Chemical Analysis
  • Others

 Material

  • Plastic
  • Glass
  • Stainless Steel
  • Ceramic

 End User

  • Laboratories
  • Home Care Setting

Distribution Channel

  • Direct Tender
  • Retail Sales
  • Others

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