Increasing demand for newborn screening and rising preference for less- and non-invasive blood testing methods are key factors driving market growth
Market Size – USD 277.2 Million in 2020, Market Growth – at a CAGR of 3.8%, Market Trends – Increasing application of DBS testing in toxicology and pharmacokinetic studies
The Global Dried Blood Spot Collection Cards Market size is expected to reach USD 373.6 Million by 2028 at a CAGR of 3.8%, according to the latest report by Reports and Data. Rising use of dried blood spot testing for screening of congenital and metabolic disorders in infants, growing preference for non-invasive techniques, and increasing advantages of dried blood spot testing over conventional blood testing methods are key factors expected to drive market revenue growth. In addition, growing application of dried blood testing in forensic toxicology and therapeutic drug monitoring are also expected to contribute to revenue growth of the market.
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Dried Blood Spot Testing (DBS) is a method of biosampling in which blood samples are blotted and dried on filter paper for efficient transportation and long-term storage. The DNA, proteins, and other biomolecules present on the collection card are analyzed through DNA amplification and HPLC technique. Over the past couple of decades, the application scope of dried blood spot testing has expanded and is now used to detect phenylketonuria, congenital hyperthyroidism, and sickle cell disorders in newborns. Dried blood spot testing can efficiently detect genome of virus in HIV-infected infants and thereby reduces risk of false positives. The samples also possess low biohazard risk to handlers and can be safely transported and stored at room temperature. Development of innovative and novel products has increased importance of DBS testing in diverse fields such as environmental contamination control, metabolic profiling, and toxico- and pharmacokinetic studies, among others. Trend of using DBS testing in research and development activities is expected to be prevalent going ahead and this can significantly contribute to market revenue growth.
However, increasing risk of contamination of card, inadequate blood sample volume, and high costs of dried blood spot collection cards are expected to restrain market growth to a significant extent over the forecast period.
Some Key Highlights From the Report:
- FTA cards segment revenue is expected to expand significantly over the forecast period owing to its safe and reliable way of room temperature, collection, and storage of samples. FTA cards store DNA samples at room temperature for a longer period and also requires shorter time for processing samples.
- Newborn screening is expected to account for largest revenue share in the global market attributable to increasing cost-efficiency, minimal invasiveness of the procedures, and enhanced accuracy and precision in detecting congenital and metabolic disorders in infants.
- North America accounted for a significantly large revenue share in 2020 owing to rapidly rising number of newborn screening performed in the United States every year, increasing detection of congenital disease through newborn screening, and growing initiatives undertaken by the government to increase awareness about DBS testing for newborn screening.
- Major companies operating in the market include Qiagen, PerkinElmer, Inc., Roche AG, Shimadzu Corporation (Novilytic Labs), Ahlstrom-Munksjö, Pall Corporation, Eastern Business Forms, Inc., ARCHIMEDlife, and Centogene AG, among others.
- In June 2020, Symbiotica, Inc., and InTeleLabs, Inc. jointly launched their Serology COVID-19 Immune Response Antibody test, which is a first-of-its-kind at-home self-collection antibody test for children and adults in the U.S. that uses small samples of blood collected from finger prick on a dried blood spot (DBS) card.
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For the purpose of this report, Reports and Data has segmented the dried blood spot collection cards market based on card type, application, and region:
Card Type Outlook (Revenue, USD Million; 2018-2028)
- Whatman 903
- FTA
- Ahlstrom 226
- Others
Application Outlook (Revenue, USD Million; 2018-2028)
- Newborn Screening
- Infectious Disease Testing
- Therapeutic Drug Monitoring
- Forensics
- Others
Regional Outlook (Revenue, USD Million; 2018-2028)
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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Key Features of the Dried Blood Spot Collection Cards Report:
- The report encompasses Dried Blood Spot Collection Cards market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- The report covers an extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Dried Blood Spot Collection Cards industry
- SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis
- Sophisticated analysis of the market statistics and is represented in graphs, tables, facts, figures, diagrams, and charts to provide a better understanding
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Table of Content:
Chapter 1 Methodology and Scope
1.1 Market segmentation & scope
1.2 Market definition
1.3 Information procurement
1.4 Purchased database
1.5 Internal database
1.6 Secondary sources & third party perspectives
1.7 Primary research
1.8 Information analysis
1.9 Data analysis models
1.10 Market formulation & data visualization
1.11 Data validation & publishing
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights
Chapter 3 Dried Blood Spot Collection Cards Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Ancillary Market Outlook
3.2 Penetration and Growth Prospect Mapping
3.2.1 User Perspective Analysis
3.2.1.1 Consumer behaviour analysis
3.3 Regulatory Framework
3.3.1 Reimbursement Framework
3.3.2 Standards And Compliances
3.4 Market Dynamics
3.4.1 Market Driver Analysis
3.4.1.1 Use of DBS Cards in Newborn Screening
3.4.1.2 Increasing Use of DBS Cards in Diagnostic Testing
3.4.1.3 Rise of Forensic Toxicology Applications
3.4.2 Market Restraint Analysis
3.4.2.1 Contamination Caused in DBS Collection Cards
3.5 Dried Blood Spot Collection Cards Market Analysis Tools
3.5.1 Industry Analysis - Porter’s
3.5.1.1 Supplier Power
3.5.1.2 Buyer Power
3.5.1.3 Substitution Threat
3.5.1.4 Threat from new entrants
3.5.1.5 Competitive Rivalry
3.5.2 Pestel Analysis
3.5.2.1 Political Landscape
3.5.2.2 Environmental Landscape
3.5.2.3 Social landscape
3.5.2.4 Services landscape
3.5.2.5 Legal Landscape
3.5.3 Major Deals And Strategic Alliances Analysis
3.5.3.1 Joint ventures
3.5.3.2 Mergers and acquisitions
3.5.3.3 Licensing and partnership
3.5.3.4 Services collaborations
3.5.3.5 Strategic Divestments
Chapter 4 Dried Blood Spot Collection Cards Market - Competitive Analysis
Continued….
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