The automated blood tube labeler market is expected to reach USD 142.0 Million in 2022 from USD 102.3 Million in 2017, at a CAGR of 6.8% during the forecast period. The scope of the report includes automated tube labeler used to label blood tubes. The specimen transport box market is expected to reach USD 135.8 million in 2022 from USD 94.7 million in 2017, at a CAGR of 7.5% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.
While acquisitions remain at the center of the strategic growth initiatives pursued by a majority of the key players in the automated tube labeler and biological sample transportation box market, players are also focusing on increasing their presence in the high-growth markets through agreements, expansions, and product launches.
Techno Medica offers products and services in various product lines including, clinical laboratory solutions, in vitro diagnostics, consumables & sales services, among others. The company strategically concentrates on developing new and innovative products to strengthen its position in the automated tube labeler market. For instance, in March 2015, Techno Medica launched the UA Labeller-2 RFID, a tube labeling device.
Sonoco Product Company is one of the major players in the biological specimen transportation box market. To strengthen its position in the market, the company strategically invests in product launches. For example, in September 2017, Sonoco Thermosafe, a unit of Sonoco, launched ChillTech. Through this launch, the company expanded its product offering in the biological sample transportation boxes segment. In addition, Sonoco also adopted inorganic strategies such as agreements and acquisitions. For example, in September 2016, Sonoco ThermoSafe acquired the UK-based Laminar Medica Group, specialized in the design, test, manufacture, and qualification of temperature-controlled packaging solutions, which are used by the pharmaceutical and biotech industries globally.
Some other leading players in the automated tube labeler market include Kobayashi Create (Japan), Inpeco (Switzerland), Energium (South Korea), and Scinomix (US). These companies focus significantly on investing in R&D activities to add innovative technologies and products to their portfolio. With a strong portfolio of Automated Tube Labeler products and ceaseless efforts to develop innovative products, these companies are likely to maintain their strong position in the market in the coming years.
Some other leading players in the specimen transport box market include Greiner Holding (Austria), Alifax Holdings SPA (Italy), Energium (South Korea), Sarstedt (Germany), and Softbox Systems (UK). These companies focus significantly on inorganic and organic strategies to maintain their strong position in the market in the coming years.
Related Reports:
Automated blood Tube Labeler & Specimen Transport Box Market – By End User (Hospitals, Diagnostic Center, Skilled Nursing Facility, Long Term Acute Care Facilities), Specimen Transport Box Type (Traditional Boxes, Smart Transportation Boxes) - Forecast to 2022
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