
Report ID: UCMIG35H2047
SkyQuest Technology's Dried blood spot collection cards market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Dried Blood Spot Collection Cards Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
The dried blood spot collection cards market was valued at USD 371.9 million in 2022 and is projected to grow at a 4.0% CAGR from 2023 to 2030. Despite being primarily used in newborn screening, the market for DBS collection cards is expected to experience moderate growth during the forecast period due to increasing use in forensic toxicology applications and partnerships between public and private organizations to develop diagnostic products. The COVID-19 pandemic has posed operational challenges for the DBS collection cards market, but it has also presented opportunities for pharmaceutical companies and institutions.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Biotechnology by segment aggregation, the contribution of the Biotechnology in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35H2047
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