Specimen Collection Cards Market Analysis
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.
- These cards offer superior absorption properties, ensuring efficient sample collection and preservation. Additionally, their compatibility with a diverse range of biological specimens, coupled with eco-friendly attributes, has propelled widespread adoption.
- Moreover, the emphasis on sustainability in healthcare practices has further fueled the ascendancy of the cotton & cellulose-based segment, making it the preferred choice and a driving force behind market expansion.
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.
- Blood specimens stand as a cornerstone in diagnostic testing, and specimen collection cards tailored for blood samples have exhibited superior reliability and compatibility.
- The pivotal role of blood in diverse medical analyses, coupled with the ease and efficiency of using specimen collection cards for blood-related diagnostics, has led to widespread adoption.
- This segment's ascendancy is further fueled by the continuous demand for comprehensive diagnostic solutions, solidifying its position as the driving force behind market progression.
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.
- Its ascendancy is propelled by mandated governmental initiatives, a surging prevalence of co-genital disorders, and advancements in technology.
- Specimen collection cards serve as indispensable tools in newborn screening, providing a streamlined approach to gather blood samples for prompt intervention. Moreover, the worldwide emphasis on proactive healthcare measures for infants serves as a bedrock, fortifying the NBS segment's dominance in the market.
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.
- The dominance of the segment is attributed to its high patient footfall, diverse testing requirements, and adherence to quality standards. These institutions play a crucial role in diagnostics, utilizing specimen collection cards for various tests.
- Moreover, centralized testing facilities, integration into larger healthcare networks, and involvement in research further enhance their influence, making hospitals key drivers of demand for specimen collection cards in the market.
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 U.S. has taken a commanding position in the market, due to its advanced healthcare infrastructure, leadership in medical research, and strict adherence to regulatory standards.
- The country's extensive network of hospitals and clinics, coupled with its large and diverse patient population, fuels a constant demand for diagnostic tests, wherein specimen collection cards play a pivotal role.
- Additionally, the integration of healthcare networks facilitates the efficient utilization of specimen collection cards, consolidating the U.S.'s position as a key driver of demand and innovation in the market.