VACUUM BLOOD COLLECTION SYSTEM MARKET ANALYSIS

Market News

Key Developments

Major companies in the vacuum blood collection market are focused on expanding their business in untapped regions. For instance, in July 2019, Terumo BCT, a company that develops and provides blood component and cellular technologies expanded its business in sub-Saharan Africa. The company started its first regional office in the region in Nairobi that is expected to focus on providing access to an adequate, safe and sustainable blood supply.

Furthermore, players in the market are also focused on upgrading and launching new products to expand their product portfolio. For instance, in its financial year 2018, Greiner Bio-One extended its range of safety products with an additional safety blood collection set: The VACUETTE SAFETY Winged Set. The company also launched the VACUETTE Serum Fast Tube and VACUETTE SAFELINK tube holder with integrated Luer Lock connector.

Major companies are also focused on adopting acquisition strategies to expand their product portfolio. For instance, in April 2018, Sekisui Chemical Co., Ltd., a company that offers disposable clinical examination materials including plastic vacuum blood collection tubes, acquired all of the shares in Veredus Laboratories Pte. Ltd., a company that develops, manufactures and sells molecular analyzers and diagnostic reagents.