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Learn details of the Global sample collection device market valued at USD 8.0 billion in 2016

Medical Market Research

The global sample collection devices market valued USD 8 billion in 2016 and is projected to grow at a CAGR of 7% over the forecast period.


According to Goldstein Research, global sample collection device market is expected to reach USD 13.74 billion by the end of 2024 from USD 8.0 billion in 2016, growing at a CAGR of 7%. Global sample collection device market is driven by the government reimbursement policies, rising geriatric population, increasing number of surgeries requiring blood transfusion and reduction in sample contamination.

Global sample collection device market segmentation has been done on the basis of product type, raw material, end-user and geography. Needles and syringes accounted for largest market share in 2016 and tubes segment is expected to acquire dominating market share over the forecast period (2016-2024).