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Specimen Collection Cards Market Growth and Restrain Factors Analysis Report
According to the latest research by InsightAce Analytic, the Global Specimen Collection Cards Market is valued at US$ 422.97 Mn in 2022, and it is expected to reach US$ 660.55 Mn by 2031, with a CAGR of 5.2% during a forecast period of 2023-2031.
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Dried blood spot (DBS) collection cards have been widely utilized across various toxicology applications, including toxicokinetics, epidemiology, environmental analysis, and forensic toxicology. Within forensic toxicology, these cards are expected to play a crucial role in sample preparation due to their cost-effectiveness in preserving evidence for closed cases. Additionally, they hold potential for future use in screening procedures and monitoring clinically or forensically significant markers.
The increasing adoption of DBS collection cards in forensic toxicology has significantly influenced the specimen collection market, as they provide a reliable and efficient method for sample collection. Their growing popularity is attributed to their ease of use, durability, and ability to preserve samples for extended periods. These cards offer several advantages, such as non-invasive collection, the requirement for smaller sample volumes, and enhanced sample stability during transportation and storage, all of which contribute to improving the accuracy and efficiency of forensic toxicology testing.
Furthermore, the expanding focus on personalized medicine, genetic testing, health monitoring, and wellness programs is driving market growth. Personalized medicine aims to customize medical treatments based on an individual's genetic profile, lifestyle factors, and other relevant data, further increasing the demand for advanced specimen collection solutions.
List of Prominent Players in the Specimen Collection Cards Market:
• QIAGEN
• PerkinElmer Inc.
• DBS System SA
• Danaher Corporation
• Eastern Business Forms, Inc.
• Ahlstrom
• ARCHIMED Life Science GmbH
• GenTegra LLC
• FortiusBio
• CENTOGENE N.V.
Market Dynamics:
Drivers-
Laboratory testing plays a critical role in obtaining essential health data, which is fundamental for accurate diagnoses and informed treatment decisions. The precision of test results relies on proper patient preparation, specimen collection, and processing, ensuring the integrity of the samples. Laboratory tests utilize various advanced instruments to analyze blood, urine, and other biological samples, helping healthcare professionals assess medical conditions and determine appropriate treatment strategies. Key areas of clinical laboratory testing include clinical chemistry, hematology, DNA analysis, and reproductive biology assays.
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Challenges:
Several common challenges affect the accuracy and reliability of specimen collection and processing. Issues such as clotting and improper sample volume frequently compromise specimen integrity, leading to invalid test results. Additionally, extreme temperatures can render specimens unsuitable for testing. One of the most prevalent collection errors is insufficient sample volume, resulting in a "quantity not sufficient" (QNS) designation. This necessitates a repeat collection, which can be inconvenient for both patients and healthcare providers, ultimately delaying diagnostic and treatment processes.
Regional Trends:
North America holds the largest market share in laboratory testing, driven by the rising demand for drug profiling, particularly for antiepileptics, immunosuppressants, and antibiotics. The region's well-established healthcare infrastructure and strong government funding for research further support market expansion. These factors contribute to the continued growth and advancement of laboratory testing services in North America.
Recent Developments:
• In August 2022, The Boston Heart Diagnostics Corporation introduced a wide range of tests using dried blood spot collection for a variety of applications, such as type 2 diabetes, cardiovascular risk factors, and wellness evaluations for mental, nutritional, and physical health.
• In June 2022, A study was done to evaluate the effectiveness of Whatman FTA cards in molecular diagnostics for identifying the Yellow Fever Virus (YFV) by a team of researchers from the Division of Vector-Borne Diseases, Fort Collins. According to the study, the card can be inexpensive and simple to use to diagnose yellow fever. Additionally, it enables the doctor to keep viral RNA intact without a cold chain.
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Segmentation of Specimen Collection Cards Market-
By Type of Specimen-
• Blood
• Saliva
• Urine
• Buccal Cells
• Others
By Material-
• Cotton & Cellulose-based
• Fiber-based
• Others
By Product-
• Whatman 903
• Ahlstrom 226
• FTA
• Others
By Application-
• New Born Screening (NBS)
• Infectious Diseases Testing
• Therapeutic Drug Monitoring
• Forensics
• Research
• Wellbeing/Health Monitoring
• Other Applications
By Distribution Channel-
• Online
• Offline
By End-Use Channel-
• Hospitals & Clinics
• Diagnostics Centers
• 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
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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 a 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.https://www.insightaceanalytic.com/images_data/148861653.JPG
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