Capillaries Are the smallest of a body's blood vessels, measuring 5-10 μm. They connect arterioles and venules, and they are the blood vessels that most closely interact with tissues. The walls of capillaries are composed of only a single layer of cells, the endothelium. This layer is so thin that molecules such as oxygen, water and lipids can pass through them by diffusion and enter the tissues. Waste products such as carbon dioxide and urea can diffuse back into the blood to be carried away for removal from the body. Capillary permeability can be increased by the release of certain cytokines.

The endothelium also actively transports nutrients, messengers and other substances. Large molecules may be too big to diffuse across endothelial cells. In some cases, vesicles contained in the capillary membrane use endocytosis and exocytosis to transport material between blood and the tissues.

In an immune response, the endothelial cells of the capillary will upregulate receptor molecules, thus "catching" immune cells as they pass by the site of infection and aiding extravasation of these cells into the tissue.

The "capillary bed" is the network of capillaries supplying an organ. The more metabolically active the cells, the more capillaries it will require to supply nutrients. The capillary bed usually carries no more than 25% of the amount of blood it could contain, although this amount can be increased through autoregulation by inducing relaxation of smooth muscle. The capillaries do not possess this smooth muscle in their own walls, and so any change in their diameter is passive. Any signalling molecules they release (such as endothelin for constriction and nitric oxide for dilation) act on the smooth muscle cells in the walls of nearby, larger vessels, e.g. arterioles.