China Dried Blood Spot Collection Cards Market Size & Outlook
China dried blood spot collection cards market, 2018-2030 (US$M)
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China dried blood spot collection cards market highlights
- The China dried blood spot collection cards market generated a revenue of USD 21.1 million in 2023 and is expected to reach USD 30.4 million by 2030.
- The China market is expected to grow at a CAGR of 5.3% 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 21.1 million |
| Market revenue in 2030 | USD 30.4 million |
| Growth rate | 5.3% (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, China accounted for 5.9% 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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China 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 24.64% in 2023. Horizon Databook has segmented the China 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.
China DBS collection cards market witnessed substantial growth over the forecast period, owing to the presence of a large target population and continuous government initiatives to expand the diagnostics industry in the country. In addition, the robust growth of pharmaceutical, biotechnology, and biopharmaceutical sectors in China is fueling demand for therapeutic drug monitoring applications, which is contributing to market growth.
The Chinese pharmaceutical industry is highly supported by government funding; thus, it has exhibited robust growth in the recent past. Furthermore, high prevalence of new diseases and drug abuse is also anticipated to fuel the demand for DBS testing in the country. China, having the largest population among all other countries, has a significant number of preterm birth case.
In China, drug abuse, especially alcohol and the use of illicit drugs, is very common among young people. According to data published by Addiction Center, alcohol misuse and dependence have been steadily increasing in China. The same source stated that around 8% of Chinese men have drinking problems.
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Horizon Databook provides a detailed overview of country-level data and insights on the China dried blood spot collection cards market , including forecasts for subscribers. This country databook contains high-level insights into China dried blood spot collection cards market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China dried blood spot collection cards market size, by application, 2018-2030 (US$M)
China Dried Blood Spot Collection Cards Market Outlook Share, 2023 & 2030 (US$M)
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