Australia Dried Blood Spot Collection Cards Market Size & Outlook
Australia dried blood spot collection cards market, 2018-2030 (US$M)
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Australia dried blood spot collection cards market highlights
- The Australia dried blood spot collection cards market generated a revenue of USD 5.4 million in 2023 and is expected to reach USD 7.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, new born screening (nbs) was the largest revenue generating application in 2023.
- CRO/Research is the most lucrative application segment registering the fastest growth during the forecast period.
Dried blood spot collection cards market data book summary
| Market revenue in 2023 | USD 5.4 million |
| Market revenue in 2030 | USD 7.4 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | New born screening (nbs) |
| Fastest growing segment | CRO/Research |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | New Born Screening (NBS), Infectious Disease Testing, Therapeutic Drug Monitoring, CRO/Research, Other Applications, Forensics |
| Key market players worldwide | Qiagen NV, PerkinElmer, Roche Holding AG, Shimadzu Corp, Ahlstrom-Munksjö, Danaher Corp, Centogene NV Ordinary Shares, Eastern Business Forms, Archimedlife |
Other key industry trends
- In terms of revenue, Australia accounted for 1.5% of the global dried blood spot collection cards market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China dried blood spot collection cards market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 30.4 million by 2030.
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Dried Blood Spot Collection Cards Market Scope
Dried Blood Spot Collection Cards Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia dried blood spot collection cards market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dried blood spot collection cards market will help companies and investors design strategic landscapes.
New born screening (nbs) was the largest segment with a revenue share of 24.07% in 2023. Horizon Databook has segmented the Australia dried blood spot collection cards market based on new born screening (nbs), infectious disease testing, therapeutic drug monitoring, cro/research, other applications, forensics covering the revenue growth of each sub-segment from 2018 to 2030.
Excellent research facilities, world-class researchers, and a firm but flexible regulatory framework have made Australia a powerhouse of pharmaceutical and biotechnology innovation. According to the information published by Australian Trade and Investment Commission, Australia is becoming an attractive market for biotechnology companies with a booming network of over 470 biotechnology companies.
Increasing number of biotechnology & pharmaceutical players entering the market and comprehensive R&D projects being undertaken by them are likely to create a high requirement for DBS testing for therapeutic drug monitoring application.
The growing incidence of preterm births and infectious diseases, such as influenza & hepatitis, is increasing the economic burden on the Australian government, resulting in increased demand for effective DBS collection cards for early diagnosis of such diseases. The DBS screening test for hepatitis C is free of charge by the Hepatitis NSW organization in the region.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia dried blood spot collection cards market , including forecasts for subscribers. This country databook contains high-level insights into Australia dried blood spot collection cards market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia dried blood spot collection cards market size, by application, 2018-2030 (US$M)
Australia Dried Blood Spot Collection Cards Market Outlook Share, 2023 & 2030 (US$M)
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