What is the present valuation and projected CAGR of the serum separation gel market?
The serum separation gel market size has grown strongly in recent years. It will grow from $8.92 billion in 2024 to $9.74 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to the surge in the current healthcare expenditure, increased demand for diagnostic testing, growth of the healthcare industry, expansion of research and development activities, and rise in prevalence of chronic diseases.
The serum separation gel market size is expected to see strong growth in the next few years. It will grow to $13.71 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to the increasing incidence of hematologic disorders, emphasis on point-of-care testing, increased number of contract research organizations, expansion in emerging markets, and demand for personalized medicine. Major trends in the forecast period include personalized medicine applications, development of novel gel formulations, increased focus on eco-friendly and sustainable practices, integration with digital health technologies, and growth in research for infectious disease diagnostics.
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What are the key drivers behind the rapid expansion of the serum separation gel market?
The rising demand for diagnostic testing is expected to propel the growth of the serum separation gel market going forward. Diagnostic testing refers to the process of identifying diseases or conditions in individuals through the analysis of biological samples such as blood or tissue, to determine the presence or absence of specific markers or abnormalities. The demand for diagnostic testing is rising because it helps in detecting diseases at early stages when treatment is most effective, as well as in preventive healthcare measures to assess risk factors and guide interventions. The serum separation gel is utilized in diagnostic testing to separate serum from blood cells, enabling accurate analysis of biochemical markers and the detection of various diseases. For instance, in March 2024, according to the House of Commons, a UK-based government office, there was a 13% increase in diagnostic tests in January 2024. Therefore, the rising demand for diagnostic testing is driving the growth of the serum separation gel market.
What is the segmentation for the serum separation gel market?
The serum separation gel market covered in this report is segmented –
1) By Type: Serum Separation Gel Integrated With Tube, Serum Separation Gel Without Tube
2) By Formulation: Powder Gel, Liquid Gel
3) By End User: Hospitals And clinics, Pharmaceutical And Biotechnology Companies, Diagnostic Laboratories, Blood Banks
Subsegments:
1) By Serum Separation Gel Integrated With Tube: Plastic Tubes With Serum Separation Gel, Glass Tubes With Serum Separation Gel
2) By Serum Separation Gel Without Tube: Pre-filled Gel Packs, Bulk Serum Separation Gel For Custom Tubes
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Who are the most influential companies in the serum separation gel market?
Major companies operating in the serum separation gel market report are Cardinal Health Inc.; Thermo Fisher Scientific Inc.; Danaher Corporation; Becton Dickinson and Company; Corning Incorporated; Bio-Rad Laboratories Inc.; Qiagen NV; Bio-Techne Corporation; Greiner Bio-One International GmbH; Sarstedt AG & Co. KG; Sekisui Diagnostics LLC; InterVac Technology Corporation; BioVision Inc.; Deltalab S.L.; Narang Medical Limited; Biosigma S.p.A.; BIOSIGMA S.r.l.; Helena Biosciences; FL Medical Srl; Kabe Labortechnik GmbH
What are the most influential trends expected to drive the serum separation gel market forward?
Major companies operating in the serum separation gel market are focused on developing novel product solutions such as serum fast separator tubes, to gain a competitive edge in the market. A serum fast separator tube refers to a tube designed with a specialized gel or clot activator additive that facilitates rapid separation of serum from whole blood following centrifugation. For instance, in May 2023, Greiner Bio-One, an Austria-based biotechnology company, launched VACUETTE CAT Serum Fast Separator. It facilitates complete coagulation of the whole blood sample in approximately 5 minutes, providing a significant time benefit over standard serum tubes. The interior of the shatter-resistant VACUETTE CAT Serum Fast Separator Tube is covered with blood clot activator and thrombin. The tube contains a gel that serves as a durable barrier between the serum and the solid components. Thrombin, in addition, accelerates the clotting process in blood samples.
What are the major regional insights for the serum separation gel market, and which region holds the top position?
North America was the largest region in the serum separation gel market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the serum separation gel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Serum Separation Gel Market Report 2025 Offer?
The serum separation gel market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Serum separation gel refers to a specialized gel-like substance used to separate serum from whole blood samples, facilitating subsequent analysis in clinical and research settings. It is employed in blood collection tubes to create a physical barrier between serum and blood cells, aiding in the isolation of serum during centrifugation.
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