Home > Healthcare > Medical Devices > Medical Supplies > Specimen Collection Cards Market
Specimen Collection Cards Market size was valued at USD 427 million in 2022 and is estimated to observe 5% CAGR from 2023 to 2032. Specimen collection cards are used for the collection, storage, and transportation of biological samples for laboratory analysis, preserving sample integrity. The increasing prevalence of infectious diseases worldwide has led to a higher demand for diagnostic tools.
For instance, infectious diseases contribute to over 52 million global deaths, posing a significant global health challenge, per the National Institute of Health (NIH). Therefore, the increasing prevalence of infectious diseases underscores the vital importance of prompt detection and intervention. Thus, specimen collection cards offer a secure and convenient method for collecting, transporting, and storing samples, facilitating efficient disease monitoring and control.
Furthermore, ongoing technological advancements in specimen collection cards enhance their efficiency and effectiveness in preserving various types of biological samples. Moreover, innovations in the design, materials, and coatings of these cards contribute to improved sample stability, facilitating more reliable laboratory analysis.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Specimen Collection Cards Market Size in 2022: | USD 427 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5% |
2032 Value Projection: | USD 692 Million |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 179 |
Tables, Charts & Figures: | 280 |
Segments covered: | Product Type, Specimen Type, Application, End-use, and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
The COVID-19 upheaval elevated the specimen collection cards market, essential for swift and secure sample collection during widespread testing. These cards seamlessly adapted to the surge in point-of-care molecular diagnostics, estimated to reach USD 90 billion by 2032, enabling remote sample acquisition during lockdown. Moreover, their logistical efficiency and integration with diverse testing platforms played a crucial role in orchestrating an accessible and efficient testing landscape for COVID-19 and other infectious diseases.
The surge in point-of-care testing, a paradigm wherein diagnostic assessments occur in close proximity to the patient, has ignited a burgeoning need for specimen collection cards. These cards seamlessly integrate with point-of-care testing devices, facilitating swift and decentralized diagnostic processes. The inherent convenience of employing specimen collection cards alongside point-of-care devices positions them as indispensable tools in diverse healthcare landscapes, encompassing clinics, emergency departments, and remote locales, thereby propelling the flourishing trajectory of the market.
The market by product type is categorized into cotton & cellulose-based, fiber-based, and other product types. The cotton & cellulose-based segment garnered USD 230 million revenue size in the year 2022.
Based on specimen type, the specimen collection cards market is segmented into blood, saliva, urine, buccal cell, and other specimen types. The blood segment garnered USD 360 million revenue size in the year 2022.
Based on application, the specimen collection cards market unfolds into distinctive domains such as newborn screening (NBS), infectious diseases testing, therapeutic drug monitoring, forensics & research, wellbeing/health monitoring, and other applications. Notably, the newborn screening (NBS) enclave exhibited its prowess by amassing a substantial revenue of USD 124 million in the year 2022.
Based on end-use, the specimen collection cards market unfolds its segmentation, encompassing the domains of hospitals & clinics, diagnostics centers, and other end-users. The hospitals & clinics segment garnered USD 233 million revenue size in the year 2022.
U.S. specimen collection cards market accounted for USD 161 million revenue size in 2022 and is predicted to witness substantial market growth over the analysis timeline.
The specimen collection cards industry is consolidated, with key players including Qiagen, PerkinElmer Inc., and others dominating the market. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market shares. For instance, in November 2022, PerkinElmer Inc., a global health solutions leader, received FDA authorization to market the EONIS SCID-SMA assay kit for simultaneous detection of SMA and SCID in newborns. This approval expands PerkinElmer's product portfolio, strengthening its competitive edge in the market.
Some of the eminent market participants operating in the specimen collection cards industry include:
Click here to Buy Section of this Report
By Product Type, 2018 – 2032 (USD Million)
By Specimen Type, 2018 – 2032 (USD Million)
By Application, 2018 – 2032 (USD Million)
By End-use, 2018 – 2032 (USD Million)
The above information is provided for the following regions and countries: