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The serum separation gel industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products based on different technologies is among a key market strategy. Some of the leading industry players have a notable presence in the market.
Some of the eminent market participants operating in the serum separation gel industry include:
Becton, Dickinson and Company, BIOSIGMA S.p.A., Bio-Rad Laboratories, Inc, Cardinal Health, Inc, Danaher Corporation, FL MEDICAL s.r.l. and Greiner AG among others.
North America serum separation gel market held a revenue share of 40.6% in 2023 and is predicted to witness substantial growth by 2032, driven by a well-developed healthcare infrastructure, including state-of-the-art clinical laboratories.
The blood banks end-use segment in the serum separation gel industry accounted for USD 3.4 billion in 2023 and is set to gain traction by 2032, owing to the ability to improve the safety and efficacy of blood products collected and processed by blood banks.
The serum separation gel industry crossed USD 7.7 billion in 2023 and is estimated to reach over USD 13 billion by 2032, driven by the increasing prevalence of chronic diseases, such as cardiovascular diseases, diabetes, and cancer.