Specimen Collection Cards Market Share, Growth, Trends and Forecast 2022-2030

The global specimen collection cards market is poised for substantial growth, with market size expected to reach approximately US$650 million by the end of 2030, according to a recent market analysis. The study projects a healthy expansion at a Compound Annual Growth Rate (CAGR) of 6% during the forecast period from 2023 to 2030.

Forensic and Genetic Testing Driving Market Growth

The growth of the specimen collection cards market is primarily attributed to the expanding applications in forensic and genetic testing. Forensic toxicology, in particular, has significantly impacted the adoption of specimen collection cards due to their reliability, ease of use, and sample preservation capabilities. These cards are instrumental in efficiently collecting various biological samples, such as blood, urine, and saliva, ensuring the integrity of samples during collection, transportation, and storage. This has enhanced the accuracy and efficiency of forensic toxicological testing.

Moreover, the rise of genetic testing and personalized medicine has further boosted the demand for specimen collection cards. These cards enable the collection of diverse biological samples like saliva, blood, and tissue, facilitating genetic testing processes. The convenience and reliability of specimen collection cards have driven their adoption in genetic testing, aligning with the growing trend of personalized healthcare and early disease detection.

Key Market Findings

The study highlights several key findings:

  1. The specimen collection cards market is expected to witness more than a two-fold expansion in revenue over the forecast period (2023-2030).

  2. The Whatman 903 product, known for its superior sample retention capabilities, reputable brand image, and user-friendly features, has captured the largest market share.

  3. Cotton and cellulose-based materials dominate the market due to their exceptional absorbent properties, biocompatibility, and cost-effectiveness.

  4. North America continues to lead the market, while the Asia Pacific region experiences the strongest growth potential till 2030.

Opportunities Across Regions

North America spearheads the specimen collection cards market, thanks to its robust healthcare infrastructure, well-established medical systems, and significant investments in research and development. The region's large population and emphasis on public health initiatives further contribute to the market's growth.

Asia Pacific, on the other hand, is experiencing the fastest Compound Annual Growth Rate (CAGR) in the market, driven by its growing and diverse population, rising healthcare awareness, and economic growth. Increasing healthcare investments and advancements in medical research make the Asia Pacific region a lucrative market for specimen collection cards.

Key Market Players

Leading players in the specimen collection cards market include QIAGEN, PerkinElmer Inc., DBS System SA, Danaher Corporation, Eastern Business Forms, Inc., Ahlstrom, ARCHIMED Life Science GmbH, GenTegra LLC, FortiusBio, and CENTOGENE N.V. These companies play a pivotal role in driving innovation and quality standards within the industry.

Global Specimen Collection Cards Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Specimen Coverage, By Material Coverage, By Product Coverage, By Application Coverage, By Distribution Channel Coverage, By End User Coverage, By Geographic Coverage and Leading Companies):
https://www.fairfieldmarketresearch.com/report/specimen-collection-cards-market

 

Our Related Report:

Specimen Collection Cards Market

https://www.linkedin.com/pulse/specimen-collection-cards-market-trends-size-analysis-chhavi-rajawat-kc8tf

 

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