2025 Virology Specimen Collection Industry Trends Report: Long-Term Outlook Through 2034

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How Large Will the Virology Specimen Collection Market Size By 2025?
In the past few years, the market size for virology specimen collection has seen substantial growth. The market, which is projected to increase from $6.6 billion in 2024 to $6.98 billion in 2025, has a compound annual growth rate (CAGR) of 5.7%. Factors contributing to this growth during the historic period include disease outbreaks and pandemics, research on infectious diseases, public health practices, regulation and quality assurance, as well as remote and home based testing.

How Big Is the Virology Specimen Collection Market Size Expected to Grow by 2029?
In the coming years, the virology specimen collection market is predicted to experience robust growth. The market is forecasted to reach a value of $8.84 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.1%. This prospective growth during the forecast period can be tied to factors like global health readiness, infrastructure to handle pandemics, surveillance and monitoring initiatives, government-backed funding, and the proliferation of rapid diagnostic tests. Significant trends for the forecast period encompass self-collection kits, point-of-care specimen collection, integrated devices for specimen collection linked with digital health platforms, as well as the surge in telemedicine and e-health.

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Which Key Market Drivers Powering Virology Specimen Collection Market Expansion and Growth?
The surge in blood donations globally is fueling the expansion of the virology specimen collection market. As the volume of blood samples escalates, so does the need to examine and identify viruses in the blood via the virology specimen collection process. For example, the World Health Organization (WHO), a UN-based specialized agency headquartered in Switzerland and tasked with managing global public health, reported approximately 118.54 million blood donations collected worldwide in June 2023. About 40% of these donations came from high-income nations, representing roughly 16% of the world's population. Around 13,300 blood centers across 169 countries documented a total collection of 106 million donations. Consequently, as the prevalence of blood donations increases, the demand for virology specimen collection is projected to grow.

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Which Fast-Growing Trends Are Poised to Disrupt the Virology Specimen Collection Market?
Advancements in technology are transforming the landscape of the virology specimen collection industry. The evolution of techniques from automated sample segregation to real-time amplification technology has paved the way for the design and deployment of systems for most medically significant viruses, and also the gathering of crucial information for the best antivirus treatment options. For instance, in August 2023, a Finland-based health tech firm, Nightingale Health Plc, introduced a remote blood collection kit tailored at its medical research and clinical trial customers. The Nightingale Kit and its self-collection tool allow participants to draw their own blood samples. This substantially increases flexibility and makes previously logistically and geographically limited studies possible. Furthermore, Nightingale Health provides a cost-effective and easily integrable remote blood collection to research by offering both sample collection and analysis.

What Are the Emerging Segments in the Virology Specimen Collection Market?
The virology specimen collection market covered in this report is segmented -

1) By Product Type: Blood Collection Kits, Specimen Collection Tubes, Viral Transport Media, Swabs
2) By Sample: Blood Samples, Nasopharyngeal Samples, Throat Samples, Nasal Samples, Cervical Samples, Oral Samples, Other Samples
3) Method: Manual, Automated
4) Application: Diagnostic, Therapeutic

Subsegments:
1) By Blood Collection Kits: Vacuum Blood Collection Tubes, Syringe Blood Collection Kits
2) By Specimen Collection Tubes: EDTA Tubes, Serum Separation Tubes, Heparin Tubes
3) By Viral Transport Media: Liquid Media, Dry Media
4) By Swabs: Nasopharyngeal Swabs, Oropharyngeal Swabs, Urethral Swabs

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Who Are the Global Leaders in the Virology Specimen Collection Market?
Major companies operating in the virology specimen collection market include Puritan Medical Products Co. LLC, Becton Dickinson and Company, Quidel Corporation, Thermo Fisher Scientific Inc., Trinity Biotech plc, DiaSorin S.p.A., Vircell S.L., Copan Italia S.p.A., Hardy Diagnostics, Laboratory Corporation of America Holdings, ZeptoMetrix Corporation, Copan Diagnostics Inc., Bionote Inc., F. Hoffmann-La Roche Ltd, Meridian Bioscience Inc., Hologic Inc., Cepheid Inc., Bio-Rad Laboratories Inc., GenMark Diagnostics Inc., Luminex Corporation, Abbott Laboratories, BioFire Diagnostics LLC, Randox Laboratories Ltd., Savyon Diagnostics Ltd., Seegene Inc., Serosep Ltd., SolGent Co. Ltd., TECOmedical AG, Vela Diagnostics, Zybio Inc.

Which are the Top Profitable Regional Markets for the Virology Specimen Collection Industry?
North America was the largest region in the virology specimen collection market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virology specimen collection market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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