Capillary Blood Collection Devices Market: Industry Analysis & Outlook to 2025A Chapter by Markets InsightsThe global capillary blood collection devices market size was valued at USD 1.15 billion in 2017. It is projected to expand at a CAGR of 5.4% during the forecast period.The global Capillary Blood Collection Devices Market size is
expected to reach USD 1.75 billion by 2025, according to a new report by Grand
View Research, Inc., progressing at a CAGR of 5.4% during the forecast period.
Increasing incidence of chronic, infectious and autoimmune diseases are some of
the major factors propelling market growth owing to rising number of blood
tests globally. Capillary blood draw technique has been most widely used for
glucose and hemoglobin testing in clinics and hospitals. Ease of usage and
minimally invasive nature also makes it ideal for home care diagnosis and
testing, thereby boosting the market’s growth potential.The use of this
technique in conjugation with PoC diagnostics has become the chosen mode of
testing in remote and ambulatory health settings. Blood gas detection, leukocyte & metabolite count,
biomarker, nucleic acid, blood glucose, ferritin, lactate, effect of vitamin
K-antagonist, and heavy metal ions analysis is commonly done using these
samples. Thus, with rising adoption of rapid PoC diagnostics, usage of these devices
is anticipated to increase in the near future. Chronic diseases are a global healthcare problem with over
half of the adult population in the U.S. suffering from chronic diseases, which
contribute to over 75% of the total healthcare cost in the nation. Thus, rising
number of infectious and chronic diseases creates a huge demand for diagnostic
testing, thereby propelling growth of these collection devices. Capillary blood draw technique is most often used in case of
pediatric patients as it is difficult to draw venous and arterial blood from
infants. Capillary blood draw is preferred in many ICU settings as patients
lose large amount of blood during surgeries. Other blood drawing techniques are
more invasive and might result in delays in the healing process or pose a risk
of contamination. Ease of usage and effectiveness is another factor
facilitating the use of these devices for home care diagnosis and testing,
typically in case of diabetics. Browse Details of Report @ Further Key Findings From the Report Suggest:
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Added on August 2, 2019 Last Updated on August 2, 2019 Tags: Capillary Blood Collection Devic AuthorMarkets InsightsFelton, CAAboutAbout Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer c.. more..Writing
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