A recently published report titled, “Self-Sampling Blood Collection and Storage Device Market: Opportunity Analysis and Future Assessment 2022-2030” offers a thorough and profound assessment on the market stature along with the top leading facts and figures, definition, overview, expert opinions, SWOT analysis, as well as the recent developments of the market all around the world. The market report also computes the market size, market sales, revenue, price, market share and gross margin and market forecast, growth rate and cost structure. The report estimates the revenue created from the sales and technologies by various application segments.
Self-sampling blood collection and storage devices Market, By Product (Collection Devices, Others), By Application (Disease Management, Health & Wellness, Drug Discovery & Development, Epidemiological Population Health Studies, and Others), By Customer Base (Diagnostic Laboratories, Academic & Research Institutes, Pharmaceutical Industries, Home Settings, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
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The self-sampling blood collection devices market is estimated to reach at a value of US$ 208.8 Mn by the end of 2022 and expected to reach at a value of US$ 371.7 Mn by 2030 with a significant CAGR of 7.3%.
Self-sampling blood collection and storage devices can be understood as devices designed for patients to carry out their own blood tests and then, gather, рrосеѕѕ, and accumulate thеіr blood for future tеѕtіng.
The self-sampling blood collection devices are chiefly developed to be utilized in such areas and circumstances when there is no hospital and clinical laboratories around. In addition to that, it іѕ not out of the ordinary fоr іndіvіduаlѕ tо hаvе а fright оf nееdlеѕ, however utilizing а blооd соllесtіng and storage dеvіcе саn mаkе the blood testing process а simpler рrосеѕѕ. Owing to such beneficial elements, the self-sampling blood collection and storage devices are witnessing higher demand across the global markets.
In addition to that, the growing prevalence of blood disorders and infectious diseases with the emergence of newer pathogens among the population along with the increased research and development activities for new drug development is further accelerating the growth in demand of self-sampling blood collection and storage devices across the markets.
However, the hefty costs of automated blood collection devices is likely to slow down the growth of the global self sampling blood collection and storage devices market in the near future. Nevertheless, the technological advancements and innovations in the blood collection procedures and products is estimated to offer major breakthroughs to the growth of the global self-sampling blood collection and storage devices market in the coming years.
Reports and Insights Study identifies some of the key participating players in the self-sampling blood collection and storage devices market globally are Neoteryx, LLC., DBS System SA, PanoHealth, Tasso, Inc., Seventh Sense Biosystems, LAMEDITECH, Capitainer, Spot On Sciences, Trajan Scientific and Medical, Drawbridge Health, Weaver Health, Microdrop, among others.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product developments and launches
Global Healthcare Industry Outlook
Impact of Covid-19
Self-Sampling Blood Collection and Storage Device Adoption Rate, by End-User
Top Companies Historical Growth Rate
Pricing Impact
Impact of Regulations
Advantages of Self-Sampling Blood Collection and Storage Device
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
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