Canada Dried Blood Spot Collection Cards Market Size & Outlook
Canada dried blood spot collection cards market, 2018-2030 (US$M)
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Canada dried blood spot collection cards market highlights
- The Canada dried blood spot collection cards market generated a revenue of USD 19.7 million in 2023 and is expected to reach USD 27.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.6% 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 19.7 million |
| Market revenue in 2030 | USD 27.0 million |
| Growth rate | 4.6% (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, Canada accounted for 5.5% 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 North America, U.S. dried blood spot collection cards market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 27.0 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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Canada 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 23.86% in 2024. Horizon Databook has segmented the Canada 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.
Increase in public-private initiatives by several organizations to increase access to BDS testing in wider applications is expected to propel market growth. For instance, in May 2021, the World Anti-Doping Agency (WADA) announced the approval of a new DBS testing method to conduct tests in athletes.
Moreover, rise in the number of awareness programs is likely to drive the market. The Canadian Premature Babies Foundation (CPBF), a parent-led charity, facilitates education and financial support to families of babies born prematurely in Canada.
The aims of such organizations are continuous development of peer support programs, providing needful materials to families, and ensuring improvement of lives of premature babies & their families. The organization plays an important role in promoting World Prematurity Day across the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada dried blood spot collection cards market , including forecasts for subscribers. This country databook contains high-level insights into Canada dried blood spot collection cards market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada dried blood spot collection cards market size, by application, 2018-2030 (US$M)
Canada Dried Blood Spot Collection Cards Market Outlook Share, 2024 & 2030 (US$M)
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