Dried Blood Spot Collection Cards Market Top Companies Study - QIAGEN, PerkinElmer, Roche, Shimadzu Corporation, Ahlstrom-Munksjö.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Dried Blood Spot Collection Cards Market - (By Application (Newborn Screening, Infectious Disease Testing, Forensic Testing, Forensic Testing, CRO/Research, Other Applications), By Card Type (Whatman 903, Ahlstrom 226, FTA, Others), By End-use), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Dried Blood Spot Collection Cards Market is valued at US$ 377.9 million in 2023, and it is expected to reach US$ 537.8 Billion by 2031, with a CAGR of 4.7% during the forecast period of 2024-2031.

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Dried Blood Spot (DBS) collection cards are widely utilized for the collection and storage of blood samples for diagnostic and research applications. These cards are particularly beneficial in remote and resource-constrained environments due to their simplicity, cost-effectiveness, and minimal storage requirements. Market growth is primarily driven by the increasing prevalence of diseases, rising demand for newborn screening, and the growing use of DBS in clinical trials and therapeutic drug monitoring. Advancements in DBS card manufacturing technology, along with increasing government initiatives aimed at strengthening healthcare infrastructure, are expected to further propel market expansion.

Nevertheless, challenges such as the risk of sample contamination and the need for proper handling and storage protocols may impede market growth. The rising adoption of DBS for HIV and hepatitis testing presents significant opportunities for market development. Additionally, a growing population and increased government support for newborn screening programs are expected to serve as key drivers, fostering the continued growth of the DBS market.

List of Prominent Players in the Dried Blood Spot Collection Cards Market:
• QIAGEN
• PerkinElmer
• Roche
• Shimadzu Corporation
• Ahlstrom-Munksjö
• Pall Corporation
• Eastern Business Forms, Inc
• Archimed Life Science Gmbh
• Centogene N.V.

Market Dynamics:
Drivers-
The growing demand for newborn screening, driven by increased awareness and government initiatives focused on the early detection of genetic and metabolic disorders in infants, is significantly contributing to the expansion of the DBS collection cards market. Furthermore, the rising incidence of infectious diseases such as HIV, hepatitis, and COVID-19 has heightened the need for cost-effective and efficient diagnostic solutions, thereby fueling market growth. Advancements in the design and manufacturing of DBS cards, including improvements in sample quality and storage capabilities, are also anticipated to enhance market adoption.

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Challenges:
The market for Dried Blood Spot (DBS) collection cards faces several challenges, including regulatory and compliance complexities arising from variations in sample quality and handling, which can compromise the accuracy of diagnostic outcomes. Limited awareness and adoption among healthcare professionals and patients, particularly in developing regions, further restrict market growth. Additionally, the high initial costs associated with the setup and validation of DBS methods compared to conventional blood sampling techniques present financial barriers. Concerns regarding the stability and integrity of samples over prolonged storage periods and under varying environmental conditions also pose significant challenges, collectively limiting the broader adoption of DBS collection cards.

Regional Trends:
In North America, the presence of a well-developed healthcare infrastructure, a supportive regulatory framework, and a high prevalence of infectious and chronic diseases such as COVID-19, hepatitis, and HIV are key factors driving market growth. Moreover, strong investments in research and development continue to enhance the design and functionality of DBS cards, encouraging their adoption. Similarly, the Asia-Pacific (APAC) region is experiencing notable growth, driven by increasing awareness and government-led initiatives aimed at the early detection of genetic and metabolic disorders in infants. Favorable healthcare policies, technological advancements, and a rising demand for early disease detection are collectively contributing to the expansion of the DBS collection cards market in both North America and APAC.

Recent Developments:
• In July 2023, Roche has obtained FDA approval for cobas® pro serology solution, which was utilized for serological screening to guarantee the safety of the blood and plasma supply in the United States. The approval encompassed the cobas pro serology solution and the initial test in a series, the Elecsys® HIV Duo, which is designed to qualitatively identify and distinguish HIV-1 p24 antigen and antibodies to HIV, including HIV-1 (groups M and O) and HIV-2.

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Segmentation of Dried Blood Spot Collection Cards Market-
By Application:
• Newborn Screening
• Infectious Disease Testing
• Therapeutic Drug Monitoring
• Forensic Testing
• CRO/Research
• Other Applications
By Card Type
• Whatman 903
• Ahlstrom 226
• FTA
• Others
By End User:
• Hospitals and Clinics
• Diagnostic Laboratories
• Research Institutes
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.