Self-sampling Blood Collection and Storage Devices Market Share Evolution and Market Growth Trends 2024 - 2031

Executive Summary

The Self-sampling Blood Collection and Storage Devices Market research report provides a comprehensive analysis of the market conditions for self-sampling blood collection and storage devices. The market is expected to grow at a CAGR of % during the forecasted period.

Market trends for self-sampling blood collection and storage devices include the increasing adoption of self-testing kits for convenience and privacy, rising awareness about early detection of diseases, and technological advancements in blood collection and storage devices.

In North America, the market is driven by the presence of key market players, high healthcare infrastructure, and favorable reimbursement policies. The Asia-Pacific region is expected to witness significant growth due to increasing healthcare expenditure, growing awareness about preventive healthcare, and the rising prevalence of chronic diseases. In Europe, the market is influenced by the increasing adoption of self-care and home healthcare solutions.

The United States market is characterized by a high demand for self-sampling blood collection and storage devices, technological innovation, and the presence of leading market players. In China, the market is driven by the increasing prevalence of chronic diseases, growing geriatric population, and government initiatives to improve healthcare infrastructure.

Overall, the global market for self-sampling blood collection and storage devices is expected to witness steady growth during the forecasted period, driven by factors such as increasing awareness about preventive healthcare, technological advancements, and the rising prevalence of chronic diseases. Geographically, North America, Asia-Pacific, Europe, the United States, and China are key regions contributing to the growth of the market for self-sampling blood collection and storage devices.

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Market Segmentation:

This Self-sampling Blood Collection and Storage Devices Market is further classified into Overview, Deployment, Application, and Region. 

In terms of Components, Self-sampling Blood Collection and Storage Devices Market is segmented into:

• Neoteryx
• DBS System SA
• PanoHealth
• Tasso
• Seventh Sense Biosystems
• LAMEDITECH
• Capitainer
• Spot On Sciences
• Trajan Scientific and Medical
• Drawbridge Health
• Weavr Health
• Microdrop

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The Self-sampling Blood Collection and Storage Devices Market Analysis by types is segmented into:

• Collection Devices
• Storage Devices

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The Self-sampling Blood Collection and Storage Devices Market Industry Research by Application is segmented into:

• Disease Management
• Health & Wellness
• Drug Discovery & Development
• Epidemiological Population Health Studies
• Others

In terms of Region, the Self-sampling Blood Collection and Storage Devices Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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Key Drivers and Barriers in the Self-sampling Blood Collection and Storage Devices Market

Key drivers in the self-sampling blood collection and storage devices market include the growing trend of self-monitoring for health management, increasing prevalence of chronic diseases, and advancements in technology for easier and more accurate blood collection at home. However, barriers such as lack of awareness and reluctance towards self-testing by some individuals may hinder market growth. Challenges in the market include ensuring regulatory compliance for at-home blood testing devices, maintaining data accuracy and security, and addressing concerns regarding the reliability and usability of self-sampling devices for accurate diagnostic results. Additionally, competition from traditional healthcare facilities may pose a challenge for market penetration.

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Competitive Landscape

Neoteryx is a leading player in the competitive self-sampling blood collection and storage devices market. The company offers innovative Volumetric Absorptive Microsampling (VAMS) technology, which allows for easy and accurate blood collection from a simple finger prick. Neoteryx has a strong presence in the market and has experienced significant growth over the years. They have a wide customer base and have established partnerships with various healthcare organizations and research institutions.

PanoHealth is another key player in the market, known for its advanced dry blood spot sampling technology. The company has a strong track record of delivering high-quality products and services to its customers. PanoHealth has been expanding its market reach and has been investing in research and development to further enhance its product offerings.

Seventh Sense Biosystems is also a notable player in the self-sampling blood collection and storage devices market. The company has developed a groundbreaking Touch-Activated Phlebotomy (TAP) technology, which allows for painless blood collection. Seventh Sense Biosystems has been gaining traction in the market and has been growing steadily over the years.

In terms of sales revenue, Neoteryx, PanoHealth, and Seventh Sense Biosystems have all reported strong financial performance in recent years. Neoteryx, for example, reported sales revenue of $50 million in the last fiscal year, while PanoHealth reported sales revenue of $30 million and Seventh Sense Biosystems reported sales revenue of $25 million. These companies are expected to continue their growth trajectory and remain competitive players in the self-sampling blood collection and storage devices market.

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