Europe Home Blood Capillary Diagnostics Kits Market 2027

Europe Home Blood Capillary Diagnostics Kits Market 2027

Europe Home Blood Capillary Diagnostics Kits Market 2027

Market Overview

The growth of the Europe home blood capillary diagnostics kits market is attributed due to the increase in the number of product approvals and the growing geriatric population. Other factors such as the increase in chronic and infectious diseases are fuelling the Europe home blood capillary diagnostics kits market. However, concerns regarding the risks associated with the process might hamper the market growth to some extent.

Capillary blood sampling, or drawing blood from a puncture on a finger, heel, or earlobe, is becoming more popular in medicine. It has various advantages over venous blood collection, such as being less intrusive, requiring less blood volume, and being rapid and simple to conduct. An increase in the number of product approvals and an increase in chronic and infectious diseases are expected to be some of the major factors driving the market growth during the forecast period. Another factor that supplements the market growth is the increasing geriatric population in Europe. However, associated risks of capillary blood collection may hinder the market growth.

Market Segmentation

Based on component type, the Europe home blood capillary diagnostics kits market has been segmented into micro collection tubes, lancets, and others. The micro collection tubes segment is expected to be the largest and fastest-growing market throughout the study period. It is estimated to hold a market share of 45.58% in 2020, exhibiting a CAGR of 5.99% during the assessment period

Based on application, the Europe home blood capillary diagnostics kits market has been categorized into whole blood tests, plasma/serum protein tests, Comprehensive Metabolite Panel (CMP), liver panel/liver profile/Liver Function Tests (LFTs), blood glucose monitoring, blood gases testing and others. The blood glucose monitoring segment is expected to be the largest segment registering a market share of 27.1% in 2020. The blood glucose monitoring test is also the fastest-growing segment with a CAGR of 6.92% owing to factors such as the rising population of diabetes patients across Europe.

Regional Market

The Europe home blood capillary diagnostics kits market is segmented into Germany, France, the UK, Italy, Ireland, Netherlands, The Nordics, Spain, and the rest of Europe. Germany held the largest market share of USD 49.02 million in 2020 and is anticipated to dominate the Europe home blood capillary diagnostics kit market during the forecast period.

Blood can either be collected on filter paper or in capillary blood collection tubes with a serum separator additive. The Europe home blood capillary diagnostics kit market is anticipated to increase with a surge in the number of infectious diseases. Europe comprises a large population prone to infectious diseases. Chlamydia infection, campylobacteriosis, salmonellosis, gonorrhea, and tuberculosis are some of the most reported infectious diseases in Europe.

Major Players

The key competitors in the Europe Home Blood Capillary Diagnosis market are Neoteryx, LLC (Canada), Tasso Inc. (US), Becton, Dickinson, and Company, Hemaxis, Eldon Biologics A/S, Cerascreen, Seventh Sense Biosystems, Nature’s Way Products LLC, and others.

Companies Mentioned

Neoteryx
LLC (Canada)
Tasso Inc. (US)
Becton
Dickinson
and Company
Hemaxis
Eldon Biologics A/S
Cerascreen
Seventh Sense Biosystems
Nature’s Way Products LLC
and others.

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