Global Serum Separation Gel Market, By Application (Clinical Diagnostics, Blood Banking, Research, and Pharmaceuticals), Product Type (Serum Separation Gel Integrated with Tube and Serum Separation Gel without Tubes), End User (Hospitals, Diagnostic Laboratories, Blood Banks, Research Institutions, and Pharmaceutical Companies) - Industry Trends and Forecast to 2031.
Serum Separation Gel Market Analysis and Size
According to the World Health Organization (WHO), chronic diseases account for approximately 71% of all deaths globally. The increase in chronic diseases drives demand for serum separation gel by necessitating frequent diagnostic testing and therapeutic monitoring. Additionally, research efforts to understand and treat chronic conditions require serum separation for biomarker analysis. The trend towards point-of-care testing for early disease detection further boosts the market as serum separation gel facilitates rapid sample processing in such settings. As a result, the growing prevalence of chronic diseases expands the market for serum separation gel in various healthcare applications. And, as healthcare providers and patients prioritize early detection and management of diseases, the demand for serum separation gel is expected to increase.
Data Bridge Market Research analyses that the global serum separation gel market, which was USD 6.80 billion in 2023, is expected to reach USD 10.82 billion by 2031, and is expected to undergo a CAGR of 5.98% during the forecast period 2024-2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Million, Pricing in USD, Volumes in Units
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Segments Covered
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Application (Clinical Diagnostics, Blood Banking, Research, and Pharmaceuticals), Product Type (Serum Separation Gel Integrated with Tube and Serum Separation Gel without Tubes), End User (Hospitals, Diagnostic Laboratories, Blood Banks, Research Institutions, and Pharmaceutical Companies)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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BD (U.S.), Greiner Bio-One (Austria), Sarstedt AG & Co. KG (Germany), Terumo Corporation (Japan), Thermo Fisher Scientific Inc. (U.S.), Fresenius Kabi AG (Germany), Qiagen NV (Netherlands), Nipro Corporation (Japan)
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Market Opportunities
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Market Definition
Serum separation gel is a specialized substance used in blood collection tubes to separate serum from whole blood samples during centrifugation. It forms a barrier between the serum and cellular components, facilitating the isolation of serum for diagnostic testing. The gel's purpose is to ensure the accuracy and reliability of laboratory test results by preventing contamination and enabling standardized sample preparation. Serum separation gel is composed of specific viscosity and density properties and is a standard component in many blood collection systems worldwide.
Serum Separation Gel Market Dynamics
Drivers
- Increasing Demand for Diagnostic Testing
The growing global burden of chronic diseases and the emphasis on early detection and management are driving the demand for diagnostic testing. Serum separation gel plays a crucial role in ensuring accurate and reliable test results by effectively isolating serum from whole blood samples. As healthcare providers and patients alike prioritize diagnostic accuracy, the demand for serum separation gel is expected to rise accordingly.
- Technological Advancements
Continuous advancements in gel technology, including improvements in gel formulations and tube designs, contribute to the efficiency and effectiveness of serum separation processes. Enhanced gel properties enable better separation of serum from cellular components, leading to improved sample quality and test accuracy. These technological advancements attract healthcare providers seeking superior diagnostic solutions, thereby driving the growth of the serum separation gel market.
Opportunities
- Expansion of Point-of-Care Testing
The expanding adoption of point-of-care testing (POCT) in various healthcare settings presents a significant opportunity for serum separation gel. POCT devices require rapid and efficient sample preparation methods to deliver timely results. Serum separation gel meets this need by facilitating the isolation of serum at the point of care, thereby supporting the integration of serum-based diagnostic tests into POCT platforms.
- Emerging Markets
Emerging markets, characterized by growing healthcare infrastructure and increasing healthcare expenditure, represent underutilized opportunities for serum separation gel manufacturers. As these regions prioritize the enhancement of diagnostic capabilities to address healthcare needs, there is a significant market potential for serum separation gel. Manufacturers can capitalize on this by expanding their presence and offering tailored solutions to meet the specific requirements of emerging market healthcare systems.
Restraints/Challenges
- Stringent Regulatory Requirements
The serum separation gel market is subject to stringent regulatory requirements governing medical devices and in vitro diagnostics. Compliance with these regulations entails rigorous testing, documentation, and approval processes, which can significantly extend product development timelines and increase costs. The stringent regulatory environment acts as a restraint to market growth, particularly for smaller manufacturers with limited resources to navigate complex regulatory pathways.
- Competition from Alternative Technologies
Serum separation gel faces competition from alternative technologies, such as solid-phase extraction and microfluidic devices, which offer advantages such as faster processing times and reduced sample volume requirements. These alternative technologies pose a challenge to the market share of serum separation gel, particularly in applications where speed and sample conservation are critical.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
- In September 2022, Suneva Medical, Inc. introduced Amplifine Platelet Rich Plasma (PRP) gel tubes, aimed at delivering ample PRP quantities to meet the needs of clinical practices and patients for enhanced effectiveness in addressing various concerns. Moreover, it obtained approval from the U.S. FDA earlier in the year. This unveiling is anticipated to contribute positively to the expansion of the market
Serum Separation Gel Market Scope
The market is segmented into three notable segments based on application, product type, and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Clinical Diagnostics
- Blood Banking
- Research
- Pharmaceuticals
Product Type
- Serum Separation Gel Integrated with Tube
- Serum Separation Gel without Tubes
End User
- Hospitals
- Diagnostic Laboratories
- Blood Banks
- Research Institutions
- Pharmaceutical Companies
Serum Separation Gel Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by application, product type, and end user as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and rest of Middle East and Africa
North America dominates due to its advanced infrastructure, stringent regulatory environment, and continuous technological innovation. Proximity to innovation hubs, large market demand, and strategic partnerships further solidify its dominance.
Asia-Pacific is expected to witness significant growth during the forecast period of 2024 to 2031 due to rising investments in research and development, increasing investments in healthcare infrastructure, rising demand for vaccines, and a growing biopharmaceutical industry in countries such as China, India, and South Korea.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the market. The data is available for historic period 2016-2021.
Competitive Landscape and Serum Separation Gel Market Share Analysis
The market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the market are:
- BD (U.S.)
- Greiner Bio-One (Austria)
- Sarstedt AG & Co. KG (Germany)
- Terumo Corporation (Japan)
- Thermo Fisher Scientific Inc. (U.S.)
- Fresenius Kabi AG (Germany)
- Qiagen NV (Netherlands)
- Nipro Corporation (Japan)
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