South Africa Dried Blood Spot Collection Cards Market Size & Outlook
South Africa dried blood spot collection cards market, 2018-2030 (US$M)
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South Africa dried blood spot collection cards market highlights
- The South Africa dried blood spot collection cards market generated a revenue of USD 7.7 million in 2023 and is expected to reach USD 10.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.1% 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 7.7 million |
| Market revenue in 2030 | USD 10.1 million |
| Growth rate | 4.1% (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, South Africa accounted for 2.1% 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 Middle East & Africa, South Africa dried blood spot collection cards market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3.7 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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South Africa 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 24.68% in 2023. Horizon Databook has segmented the South Africa 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.
Economic development of South Africa and high unmet healthcare needs are among the major factors driving growth of South Africa DBS collection cards market. Increase in healthcare spending and rise in the demand for advanced techniques for diagnosis & treatment of infectious & other chronic diseases are among the factors expected to boost the market during the forecast period.
Moreover, the government is undertaking initiatives to regulate the healthcare industry in South Africa, which is expected to support market growth in the near future. However, inadequate awareness about diseases, unfavorable reimbursement scenarios, and scarcity of skilled professionals are anticipated to be some prominent factors limiting the adoption of diagnostic solutions in the country, thus hampering market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa dried blood spot collection cards market , including forecasts for subscribers. This country databook contains high-level insights into South Africa dried blood spot collection cards market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa dried blood spot collection cards market size, by application, 2018-2030 (US$M)
South Africa Dried Blood Spot Collection Cards Market Outlook Share, 2023 & 2030 (US$M)
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