Specimen Collection Cards Market Size
Market Outlook:
Specimen Collection Cards Market exceeded USD 450.68 Million in 2023 and is expected to cross USD 705.17 Million by end of the year 2032, growing at over 5.1% CAGR between 2024 and 2032.
Base Year Value (2023)
USD 450.68 Million
19-23
x.x %
24-32
x.x %
CAGR (2024-2032)
5.1%
19-23
x.x %
24-32
x.x %
Forecast Year Value (2032)
USD 705.17 Million
19-23
x.x %
24-32
x.x %
Historical Data Period
2019-2023
Largest Region
North America
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:Rising prevalence of chronic diseases driving the demand for specimen collection cards in the healthcare industry. Increasing focus on early disease detection and diagnosis contributing to the growth of the market. Growing adoption of personalized medicine and point-of-care testing boosting the demand for specimen collection cards.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Product Type, Specimen Type, Application, End-Use |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Ahlstrom-Munksjö, GenoTech Innovations, Biocare Solutions., PolyTech Research Solutions, QIAGEN, CENTOGENE N.V., Innovate Diagnostics Technologies, PerkinElmer, Cytiva (Danaher), ARCHIMED Life Science, FortiusBio, Eastern Business Forms,, DBS System SA, GenTegra LLC |
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High cost associated with specimen collection cards and limited reimbursement policies hampering market growth. Lack of awareness about the benefits of specimen collection cards among healthcare providers and patients posing a challenge to market expansion.
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