Board Games Market is expanding at a 19.8% CAGR | 2020 -2030

Posted by omkar on October 19th, 2019

The Global Board Games Market  size is estimated to be USD 40.27 billion in 2019 and is predicted to reach USD 3.42 billion by 2030 with a CAGR of 19.8%  from 2020-2030. Blood collection tubes are sterile test tube made out of glass or plastic and are used to collect blood specimen for testing. These tubes contain a rubber stopper that creates a vacuum seal inside of the tube, which in turn enables drawing an exact volume of blood from the patient. These tubes contain additives designed to stabilize and preserve the specimen before analytical testing.

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Medical devices manufactures have made substantial advancements in the blood collection products. The blood collection tube system make blood draws safer and easier, and there results are more accurate compared to any other blood collection technique. Recent advances in blood collection tube design to support capillary-blood collection are having an extensive impact on the experience of patients and clinicians. These tubes reduces the risk of collection and processing errors while increasing the speed to results. Many such developments to make blood collection process safe and easy opens new avenues in the market.

Market Dynamics and Trends:

Increasing demand for accuracy and precision in the analytical testing is expected to be the primary driving force of the Board Games Market . Growing demand for safe blood collection technologies, increase in demand for improved blood sampling techniques, and growth in preference towards disposable products for laboratory also contribute to higher adoption of advanced blood collection tubes. In addition to this, increasing number of trauma cases and accidents and growing number of surgeries across the globe are some of the additional factors contributing to the growth of this market. However, high cost of blood handling equipment and lack of skilled personnel restrain the growth of this market.

Blood collection tubes is a fragmented market with large number of players holding significant market share. Many of the companies that active in the market have adopted product development and launches as their primary growth strategy. Companies such as Beckton Dickinson, Abbott, and Medtronic have launched several advanced blood collection tubes in past few years. For instance, in March 2018 Beckton Dickinson launched its CE-marked PaxGene blood circulating cell-free DNA (ccfDNA) collection tube in Western Europe. Also, in June 2018 Biocept Inc. launched its CEE-Sure blood collection tubes (BCTs) for research purposes. In addition to product launches, companies also focus on mergers and acquisitions and geographic expansions to maintain their position in the Board Games Market .

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Competitive Landscape:

Comprehensive competitive analysis and profiles of major market players such as Beckton Dickinson and Company, Greiner Group, Terumo Corporation, Abbott Laboratories, Cardinal Health, Qiagen N.V, Improve Medical Instruments., Medtronic, Chengdu Rich Science Industry, and Sarstedt AG & Co. is also provided in this report.

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