Dried Blood Spot Collection Cards Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2028

Published Date : Jan 2021 | No. of Pages : 250 Pages | Category : Healthcare

The global Dried Blood Spot Collection Cards market size is expected to be worth around US$ 337.7 million by 2028, according to a new report by Vision Research Reports.

The global Dried Blood Spot Collection Cards market size was valued at US$ 257.5 million in 2020 and is anticipated to grow at a CAGR of 3.8% during forecast period 2021 to 2028.

Growth Factors

Use of DBS cards in newborn screening is expected to boost market growth during the forecast period. According to NIH, it is estimated that around 4 million infants were screened in the U.S. in 2017. Additionally, data from the CDC indicates that about 12,500 infants were diagnosed with congenital diseases that were detected through newborn screening tests. This states that almost 1 out of every 300 infants screened were eventually diagnosed with one of the congenital diseases. Therefore, increasing awareness has facilitated a rise in demand for DBS cards for the detection of congenital diseases in infants which is anticipated to fuel the market growth during the forecast period.

The usage of DBS for serological diagnostics of infectious or autoimmune diseases is also anticipated to fuel the market growth during the forecast period. DBS offers a cost-effective solution for diagnosis of infectious diseases as these collection cards can be easily collected, transported and preserved in settings with minimal infrastructural facilities. Global health settings, especially in the rural areas, lack the necessary infrastructure for quality assured venipuncture sparks significant interest in the usage of DBS cards for diagnosis of infectious or autoimmune diseases.

Report Highlights

Based on the application segment, the dried blood spot collection cards market is categorized into the newborn screening, infectious diseases testing, forensics, and other applications. Newborn screening held the largest market share in 2018 owing to various attributes such as its low cost, short diagnosis period, minimally invasive procedure, high precision, reproducibility, simple transportation, easy collection & storage, reduced biohazard risks, among other blood collection techniques.

DBS is also being increasingly used in applications of toxicology such as epidemiology, toxicokinetics, and environmental toxicology. The potential of easy, prompt sampling, and increased stability offered by DBS sampling is expected to fuel the market growth during the forecast period.

Incidence of HIV is also increasing rapidly hence major market players are offering advanced dried blood spot collection cards that help in easy diagnoses of HIV. For instance, Roche offers a Cobas plasma separation card that offers ease-of-usage and is a stable collection device for HIV plasma load. This advanced technology card simplifies both sample transportation and collection.

The usage of DBS in therapeutic drug monitoring has been gaining significant traction in the recent past. The potential for home or remote sampling combined with its non-contagious character makes DBS an attractive solution for therapeutic drug monitoring. DBS based therapeutic drug monitoring has been carried out for various drug classes such as antiretrovirals, anticonvulsants, antimalarials, antidepressants, antibiotics, and analgesics among others.   

Based on card type, the market is segmented into Whatman 903, Ahlstrom 226, FTA, and others. Whatman 903 held the largest market share in 2018 as they provide an efficient and safe method for easy sample identification, collection, and transport. Eastern Business Forms Inc. provides 903 Five Spot Blood Card, which is ready to use and also saves cost and time during sample transport, collection, and archiving.

Ahlstrom 226 blood collection cards are also expected to fuel market growth as they offer precision, simplicity of collection, storage and transport, reduced material input and waste, and good reproducibility among others. Therefore, a rise in the use of Ahlstrom 226 for NBS and other diagnostic applications is anticipated to propel the market growth during the forecast period.

FTA cards are expected to witness lucrative growth during the forecast period as they provide convenience and rapid test analysis for research activities. It usually combines DNA preservation at long term room temperature with an easy elution that facilitates the user to create multiple amplification from a single sample. Additionally, it requires 5-30 minutes of sample processing time to isolate DNA. Qiagen provides an FTA Classic Card that has a wide range of applications such as plasmid screening, food, and agriculture testing, genomics, forensics, transgenic identification, drug discovery, STR analysis, whole genome amplification, and molecular biology among others.

North America held the largest revenue share in 2020 as newborn screening for infants is mandatory in the U.S. and Canada. According to the National Institute of Children’s Health Quality in 2016, NBS was routinely performed on more than 4 million newborns in the U.S, with most of the states reporting participation rates of 99.9% or higher. Data from the Centers for Disease Control and Prevention indicate that approximately 12,500 infants are diagnosed annually with at least one core condition through these screening programs.

Key Players

  • Qiagen

  • PerkinElmer

  • Roche

  • Shimazdu (Novilytic Labs)

  • Ahlstrom-Munksjö

  • Pall Corporation

  • Eastern Business Forms, Inc.

  • ARCHIMEDlife

  • Centogene AG

Market Segmentation

  • Application Outlook 

    • New Born Screening (NBS)      

    • Infectious Disease Testing      

    • Therapeutic Drug Monitoring

    • Forensics

    • Other   Applications

  • Card Type Outlook

    • Whatman 903

    • Ahlstrom 226

    • FTA

    • Others

  • Regional Outlook 

    • North America

      • The U.S.

      • Canada

    • Europe

      • UK

      • Germany

      • France

      • Italy

      • Spain

      • Russia

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Australia

      • Singapore

    • Latin America

      • Mexico

      • Brazil

      • Argentina

    • MEA

      • South Africa

      • Saudi Arabia

      • UAE

The Dried Blood Spot Collection Cards market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Dried Blood Spot Collection Cards market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Dried Blood Spot Collection Cards market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Dried Blood Spot Collection Cards market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Dried Blood Spot Collection Cards market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Dried Blood Spot Collection Cards capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Dried Blood Spot Collection Cards by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Dried Blood Spot Collection Cards market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Dried Blood Spot Collection Cards market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Dried Blood Spot Collection Cards market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Dried Blood Spot Collection Cards industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Dried Blood Spot Collection Cards market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Dried Blood Spot Collection Cards market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Dried Blood Spot Collection Cards market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Dried Blood Spot Collection Cards market. These factors have benefited the growth of the global market for Dried Blood Spot Collection Cards. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Dried Blood Spot Collection Cards. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Dried Blood Spot Collection Cards are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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