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Automated Blood Tube Labeler & Specimen Transport Box Market

Automated Blood Tube Labeler & Specimen Transport Box Market

Automated Blood Tube Labeler & Specimen Transport Box Market Analysis By Product (Automated Blood Tube Labelers & Specimen Transport Boxes) By End-Use and By Region – Global Market Insights 2022 to 2026

Automated Blood Tube Labeler & Specimen Transport Box Market
FACT7576MR
  • Jul-2022
  • List of Tables : 25
  • List of Figures : 132
  • 170 Pages
  • Healthcare

Automated Blood Tube Labeler & Specimen Transport Box Market Outlook (2022-2026)

Global automated blood tube labeler & specimen transport box sales are currently valued at around US$ 282.5 million and are anticipated to increase at a high CAGR of 7.5% to reach a market valuation of US$ 385.5 million by 2026.

The market for automated blood tube labelers and specimen transport boxes is expanding as a result of rising awareness about the merits of automated labelers over manual labelers, increasing rates of chronic diseases & traffic accidents, and rising investments in the development of medical infrastructure across the world.

Report Attributes

Details

Automated Blood Tube Labeler & Specimen Transport Box Market Size (2022E)

US$ 282.5 Million

Forecasted Market Value (2026F)

US$ 385.5 Million

Global Market Growth Rate (2022-2026)

7.5% CAGR

Key Companies Profiled

  • Techno Medica
  • Sonoco Product Company
  • Kobayashi Create Co. Ltd
  • Inpeco SA
  • Energium Co. Ltd
  • Scinomix
  • Greiner Holding
  • Alifax Holdings SPA
  • Sarstedt
  • Softbox Systems
  • Ambica Pharma Machines Pvt. Ltd
  • Brooks Life Sciences
  • CPC Diagnostic Pvt Ltd
  • Energium Co., Ltd
  • HERMA GmbH

Interested to Procure The Data

Automated Blood Tube Labeler & Specimen Transport Box Sales Analysis (2017-2021) Vs. Market Forecasts (2022-2026)

A sample used for analysis to reach a diagnosis is referred to as a specimen. The first crucial stage in any form of diagnosis is specimen collection, and the card used for this purpose is known as a specimen collection card.

A sample collection card is used to obtain samples of blood, urine, and other bodily fluids. Nasopharyngeal aspirate (NPA) is also collected using a specimen collection card in cases of respiratory illness for diagnosis. The utilization of specimens in medical research is another option.

Sales of biological sample transport boxes have significantly expanded as a result of the rise in diagnoses and the advancement of medical research. A cool box for sample transportation is highly preferred to keep samples safe.

Varieties of boxes are available in the market such as blood sample carrier boxes, specimen collection boxes, specimen storage boxes as well as specimen tube racks, all with respective uses.

The recent COVID-19 outbreak accelerated clinical research efforts worldwide to create a potent vaccine against this infection. The effectiveness of vaccines against viruses is evaluated in clinical research studies and trials using a variety of blood tests, especially antibody testing.

There has been a critical need for automated blood tube labelers to speed up and eliminate errors in labeling blood tubes due to the numerous blood tests performed during vaccine development.

These tubes must be transported from the collection site to the lab in specimen transport boxes as well. Blood tests are also used to identify people who are more at risk as well as to look for signs of COVID-19 in the patients.

In addition to these use cases, medical professionals are looking into other therapies to treat COVID-19 patients, including plasma therapy and blood transfusion. The demand for automated blood tube labelers and blood sample transportation boxes is increased as a result of these treatments.

According to Fact.MR, a market research and competitive intelligence provider, expanding at a CAGR of 7.5%, the global automated blood tube labeler & specimen transport box market is projected to reach US$ 385.5 million by 2026.

Automated blood tube labeler and specimen transport box market forecast by Fact.MR

What Aspects are Influencing Automated Blood Tube Labeler & Specimen Transport Box Sales?

“Automated Blood Tube Labelers & Specimen Transport Boxes - Effective Equipment for Sample Transportation”

Due to an increase in accident cases, the significant advantages of automated labeling over manual labeling, a decrease in the frequency of specimen labeling mistakes, as well as technological developments and advancements in laboratory tube labeling systems efficiency and productivity, the global market for automated blood tube labelers & specimen transport boxes is anticipated to expand rapidly over the forecast period.

Similar to this, critical phlebotomy errors are decreasing in frequency as automated labeling systems replace manual blood tube labeling. Tube labeling and manual labeling take a lot of time and labour to complete.

By eliminating the need for writing, minimizing label damages, and enhancing the legibility of the information on the labels, the automated blood tube labelers cut time and labour.

These systems are more precise, uniform, and accurate, and they can handle several tubes every hour. During the anticipated period, these advantages of automated labeling over hand labeling are predicted to drive market expansion.

“Technological Advancements & Introduction of Smart Tags”

To control the transport environment and track the location of specimens gathered for analysis, investigation, or examination in real-time, new smart tags are emerging as the right option.

The smart tag facilitates the management of the specimen transported, the specimen container, and the specimen transportation system. The new smart tag also aids in real-time monitoring of the transported species’ temperature and vibration.

The new smart tag aids in preventing loss or degeneration of the species due to transportation-related severe temperatures.

Also, the new smart tag would enable autonomous handling of infectious species, thereby reducing the danger of accidents during blood transfusions, as well as prompt identification of the location of blood during an emergency.

“Availability of Substitute Systems may Hamper Sales Growth of Automated Blood Tube Labelers & Specimen Transport Boxes”

It is predicted that the availability of integrated systems is expected to reduce the sales of automated blood tube labelers & specimen transport boxes, which further will hamper the growth of the global market.

An Adaptive Approach to Modern-day Research Needs

Which Regions are Expected to be Beneficial for Market Players?

“Technological Improvements & Developed Medical Sector in North America”

A large share of the global market is anticipated to be accounted for by North America in 2022 due to its developed healthcare system and growing demand for automated blood tube labelers & specimen transport boxes.

Furthermore, several technological developments have fuelled the automated blood tube labeler & specimen transport box industry expansion in this region.

The automated blood tube labeler and specimen transport box sales have increased in Europe as a result of strict regulations governing the safe conveyance of hazardous goods.

Employing specimen transport boxes is necessary for pharmaceutical and biotech companies to adhere to regulations such as the International Carriage of Dangerous Goods by Rail (RID). These factors are accelerating the expansion of the Europe market for automated blood tube labelers and specimen transport boxes.

The Asia Pacific market for automated blood tube labelers & specimen transport boxes is anticipated to expand due to a rise in the incidence of transmissible disorders that require blood transfusions and a rise in the frequency of traffic accidents.

Country-wise Insights

How is U.S. Auto Tube Labeler & Specimen Storage Box Market Progressing?

“High Investments in R&D Driving Rapid U.S. Market Growth”

The U.S. automated blood tube labeler & specimen transport box market is expected to attain a valuation of US$ 101 million, in 2022 and dominate the North American region.

The development in healthcare infrastructure, the rising rate of chronic diseases, and high R&D investments are expected to boost the United States automated blood tube labeler & specimen transport box market growth.

Will China Offer Lucrative Opportunities to Industry Players?

“High Fear of Contagious Infections & Rise in Research & Training on Lab Specimen Transport Box Handling & Labelling”

The market for automated blood tube labelers & specimen transport boxes in the Asia Pacific region is expanding rapidly. China is the second-largest economy and is expected to attain a valuation of US$ 63.5 million by the end of the year 2026.

An increasing number of seminars, symposiums, summits, and training & practice sessions are being organized in China, which is helping to increase consumer knowledge of various automated labeling solutions and propel the market's expansion.

Category-wise Analysis

Which Product Type Has Gained Immense Popularity in the Market?

“Time-saving & Error-free Qualities of Automated Blood Tube Labelers”

Based on product type, the market is segmented into automated blood tube labelers and specimen transport boxes.

The choice of blood collection tubes, the printing of medical test findings, posting of identification tags, and placing of sample tubes into trays are all made easier by automatic tube labelers.

Utilizing these automatic tube labelers reduces labeling errors and the time needed to collect blood. In hospitals, outpatient care facilities, blood collection facilities, and laboratories, auto tube labelers or tube labeling machines are now often used.

As such, across the forecast period, the automatic blood tube labeler and specimen transport box market growth is anticipated to be driven by the automated blood tube labeler segment's revenue.

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Competitive Landscape

Top market players are utilizing technologies quickly to help accomplish effective and efficient results, notably in the medical sector, which is likely to open the door for the success of businesses.

Additionally, it is anticipated that increased brand engagement in the coming years will spur demand for specimen transport boxes and automatic blood tube labelers and transform the competitive landscape.

  • Herma is placing a strong emphasis on growing its market share throughout Asia Pacific and Europe by concentrating on manufacturing efficient equipment with cutting-edge green labeling options. In July 2019, the company unveiled the Herma InNo-Liner system, which satisfies the demands of distribution and logistics centres for cycle speed and needs.

Automated Blood Tube Labeler & Specimen Transport Box Industry Research Segmentation

  • By Product :

    • Automated Blood Tube Labelers
    • Specimen Transport Boxes
  • By End Use :

    • Hospitals
    • Diagnostic Centers
    • Blood Banks
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

The global market for automated blood tube labelers and specimen transport boxes is currently worth US$ 282.5 million.
North America is expected to be the most profitable market over the coming years.
By 2026, automated blood tube labeler and specimen transport box demand is anticipated to reach US$ 385.5 million.

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