India Dried Blood Spot Collection Cards Market Size & Outlook
India dried blood spot collection cards market, 2018-2030 (US$M)
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India dried blood spot collection cards market highlights
- The India dried blood spot collection cards market generated a revenue of USD 15.5 million in 2023 and is expected to reach USD 22.1 million by 2030.
- The India market is expected to grow at a CAGR of 5.2% 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 15.5 million |
| Market revenue in 2030 | USD 22.1 million |
| Growth rate | 5.2% (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, India accounted for 4.3% 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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India 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 24.52% in 2023. Horizon Databook has segmented the India 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.
In India, testing for infectious diseases has led to an increase in the demand for DBS collection cards. Rise in the prevalence of sexually transmitted diseases, ventilator-acquired pneumonia, tuberculosis, and hospital acquired infections is one of the factors driving market growth in India.
Presence of welldistributed network of clinical laboratories in India is leading to higher and faster adoption of DBS collection cards. Although testing is costlier in the country and affordable only to upper-tier economic group, rapid economic development has dramatically increased purchasing capacity.
Moreover, high demand for better diagnosis and preventive medicine is expected to drive market growth in India. High incidence of infectious diseases in India, including COVID-19, has increased the demand for innovative DBS collection cards.
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Horizon Databook provides a detailed overview of country-level data and insights on the India dried blood spot collection cards market , including forecasts for subscribers. This country databook contains high-level insights into India dried blood spot collection cards market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India dried blood spot collection cards market size, by application, 2018-2030 (US$M)
India Dried Blood Spot Collection Cards Market Outlook Share, 2023 & 2030 (US$M)
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