Serum Separating Tubes Market Size, Share, Growth, Trends, and Global Industry Analysis: By Tube Type (Heparin Tubes, Plasma Separation Tube, Serum Separating Tubes, and EDTA Tubes), By End-User (Diagnostic Centers, Healthcare Centers, and Research & Development Centers), and Region

Serum Separating Tubes Market size was US$ 2,137.9 million in 2023 and is expected to reach US$ 3,388.3 Million in 2030 and growing rapidly at a CAGR of 6.8% during the forecast period. The serum separating tubes market typically revolves around the production and distribution of tubes used in clinical settings to separate serum from whole blood. These tubes are crucial in various diagnostic procedures, as they allow for the isolation and analysis of serum components such as proteins, enzymes, hormones, and antibodies. Rise in prevalence of chronic disorders, increase in geriatric population, growth in adoption of serum separation tubes, and surge in number of pathologies drive the market. The expansion of the serum separating tubes market is being fuelled by cutting-edge technology and evolving consumer behaviours. The introduction of innovative products and the growth of online platforms have made the market more accessible. Eco-conscious consumers are driving demand for sustainable products, further boosting market growth.

Additionally, strategic mergers and collaborations among leading firms are enhancing market competitiveness and fostering a dynamic environment. These factors collectively ensure that the serum separating tubes market will continue to grow and make a substantial economic impact. Additionally, collaborations between industry stakeholders serve as catalysts for market expansion. An example is the exclusive partnership forged in November 2021 between Q-Sera Pty Ltd and Terumo Corporation, enabling Terumo to manufacture and distribute Q-Sera's RAPClot rapid serum blood collection tube technology exclusively in Japan. However, limitations associated with gel stability, and analyte incompatibility of the tubes restrain the market growth. Additionally, to preserve sample integrity and stability, serum separating tubes frequently need certain storage conditions, such as regulated temperature and humidity. High storage expenses can have a big effect on wholesalers and producers, raising the total cost of producing serum separating tubes.

Serum Separating Tubes Market Key Developments:

• In February 2022, Abacus dx launched the newest addition to Streck's trusted blood collection tube portfolio, RNA Complete BCT.
• In August 2022, Immunexpress, Pty Ltd. launched SeptiCyte RAPID EDTA blood-compatible cartridges for the European market. EDTA serum separating tubes are used in clinical settings for haematology procedures.