Blood Collection Tubes for Liquid Biopsy is anticipated to have CAGR of ~6.2% over 2019-2028. The blood collection tubes for liquid biopsy are a direct-draw tube for the stabilization, collection, and transportation of whole blood specimens. It helps in preventing blood coagulation that prevents cell analysis and preserves nucleated cells to allow efficient analysis of cell-free DNA (cfDNA). The growth in the number of people who get better medical coverage would help the industry to grow in the forecast period. The increase in favorable medical reimbursement policies and improvement in the healthcare infrastructure would help the market to propel in the coming years. There is a steep rise in the healthcare expenditure is expected to boost the industry. The surge in need for safe and non-invasive screening methods would fuel the industry.

Top Driver: Increase in need for safe and non-invasive screening methods to fuel the industry

Blood Collection Tubes for Liquid Biopsy is projected to grow with the rise in the need for safer and non-invasive type of screening methods in the coming years. This owes to the presence of less invasive, easier, and more cost-effective methods for monitoring and diagnosing cancer. The boost in the awareness about cancer screening methodologies has caused surge in demand in the market.  The innovative companion diagnostics tests would aid the requirements of therapeutic drug management and would lead to faster adoption among physicians and patient population. The surge in demand for cancer screening is anticipated to fuel the growth of blood collection tubes for liquid biopsy market in the coming years.

Plastic to Make Crucial Contribution to Growth of Global Blood Collection Tubes for Liquid Biopsy Market

On the basis of type the market is segmented into plastic, glass and others. The plastic segment os expected to hold the largest market share owing to the feasibility of the material, economic cost and its ease to handle. The glass segment held the second largest share owing to the its less reactive ability with the sample. On the basis of application, the market is segmented into IVD, research use, others. The IVD segment accounted for a larger market share. On the basis of end use the market is segmented into healthcare centers, R&D centers, Diagnostic Centers.

North America to Occupy the Largest Market Share 

North America is anticipated to gain highest revenue growth than any other country and is anticipated to boost further in the coming years. The growing healthcare expenditure in the region and the rising cases of chronic diseases is expected to fuel the market in the forecast period. Asia Pacific is found to be the fastest growing segment in the forecast period owing to the rising to the healthcare setups across the region and presence of a huge geriatric population. Europe showed a steady growth in the forecast period.

Players to Focus on Blood Collection Tubes for Liquid Biopsy

The global Blood Collection Tubes for Liquid Biopsy market leaders Preanalytix, Roche, Streck, Norgen Biotek, Biocept, QIAGEN, Thermo Fisher Scientific, GenomeWeb and BD.

BD: In February 2018, BD (Becton, Dickinson and Company), a leading global medical technology company, announced the commercial availability of the CE-IVD marked PAXgene Blood ccfDNA tube within the European Economic Area and Switzerland (Western Europe).

Roche: In August 2016, Roche’s molecular diagnostics business strategy is benefiting from a series of acquisitions designed to advance the firm’s penetration of clinical sequencing, and a number of these acquisitions are on track and in line with the company’s expectations, said Paul Brown, head of Roche molecular solutions, during a presentation to analysts and investors earlier this month at the American Association for Clinical Chemistry Annual Scientific Meeting & Clinical Lab Expo.

Scope of the Report

By Type

• Plastic
• Glass
• Others
  

By Application

• IVD
• Research Use
• Others

By End User

• Healthcare Centers
• Diagnostic Centers
• R&D Centers

By Region

• North America
• Europe
• Asia Pacific
• LAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.