South Korea Dried Blood Spot Collection Cards Market Size & Outlook
South Korea dried blood spot collection cards market, 2018-2030 (US$M)
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South Korea dried blood spot collection cards market highlights
- The South Korea dried blood spot collection cards market generated a revenue of USD 6.5 million in 2023 and is expected to reach USD 9.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.8% 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 6.5 million |
| Market revenue in 2030 | USD 9.0 million |
| Growth rate | 4.8% (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 Korea accounted for 1.8% 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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South Korea 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 24.62% in 2023. Horizon Databook has segmented the South Korea 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.
South Korea DBS collection cards market is expected to exhibit considerable growth over the forecast period owing to the emerging local DBS collection card manufacturers with efficient products. Furthermore, increasing prevalence of life-threatening diseases and growing geriatric population are boosting the demand for DBS collection cards.
The geriatric population in South Korea was over 8.53 million in 2021, which accounted for 16.5% of the total population. The most common infections in the country were related to the respiratory system. In addition, according to NCBI, in 2019, 61.3% of sepsis cases were reported among people aged over 65 in the country. According to CDC, in 2018, the incidence of sepsis increased over time in South Korea.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea dried blood spot collection cards market , including forecasts for subscribers. This country databook contains high-level insights into South Korea dried blood spot collection cards market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea dried blood spot collection cards market size, by application, 2018-2030 (US$M)
South Korea Dried Blood Spot Collection Cards Market Outlook Share, 2023 & 2030 (US$M)
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