Self-Sampling Blood Collection and Storage Device Market Overview
Self-Sampling Blood Collection Storage Device Market Size was estimated at 13.09 (USD Billion) in 2022. Self-Sampling Blood Collection and Storage Device Market Industry is expected to grow from 13.8(USD Billion) in 2023 to 22.14 (USD Billion) by 2032. Self-Sampling Blood Collection and Storage Device Market CAGR (growth rate) is expected to be around 5.4% during the forecast period (2024 - 2032).
Key Self-Sampling Blood Collection and Storage Device Market Trends Highlighted
The self-sampling blood collection and storage devices have had a market trend which has to lead to its future growth. Some of the market drivers include the increasing number of people suffering from chronic diseases, expansion in the use of personalized medicine, and increase in the consumer demand for ease and affordability in healthcare services.
Currently, integrated devices for the collection, storage and analysis of blood are being developed and are in the market. Such devices are portable and easy to use and can be beneficial for patients wishing to carry out testing at home or other outpatient care centres. There are also increasing focuses on the designs of the devices so that they are more comfortable to use by patients.
There is potential for growth in the self-sampling device market by including a wider range of prospective uses of the self-sampling devices. These include genetic disease screening, therapeutic drug monitoring, and even detection of early signs of infections. Additionally, enhanced technology and materials are likely to lead to better accuracy and reliability of blood specimens collected using self-sampling method.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Self-Sampling Blood Collection and Storage Device Market Drivers
Increasing Prevalence of Chronic Diseases
Thus, the growing prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer is a major driver of growth in the Self-Sampling Blood Collection and Storage Device market industry. The monitoring and management of these conditions usually require testing of blood glucose levels, lipid profile, and other biomarkers. Self-sampling blood collection devices provide patients with a convenient and cost-effective way to monitor their health at home, thereby reducing the need to travel to healthcare institutions on a regular basis.Therefore, as more patients with chronic conditions continue to adopt these self-monitoring devices, the market is expected to grow even larger in the years to come.
Technological Advancements
Technological advancements are providing impetus to the growth of the Self-Sampling Blood Collection and Storage Device Market Industry. Leading manufacturers are continuously developing advanced self sampling devices complemented with features including enhanced accuracy, user friendliness and connectivity. These devices are being integrated with sensors, microfluidics and wireless communication technologies in order to transmit and analyse the data in real time.These factors are expected to significantly boost the adoption of these devices across various application industries in the coming years.
Government Initiatives and Support
Apart from advancements in technology, governments and their support have led to an increase in the Self-Sampling Blood Collection and Storage Device Market Industry. Governments around the world have also noted the benefits of self-sampling blood collection. The technology helps in blood sample collection, which helps in saving medical costs. Governments have, thus, put measures in place to support the use of these devices and extend them to patients.For example, the expansion of reimbursement coverage by CMS on self-monitoring blood glucose devices in the United States. In summary, other factors contributing to the growth of the market are the increase in diseases requiring blood samples.
Self-Sampling Blood Collection and Storage Device Market Segment Insights
Self-Sampling Blood Collection and Storage Device Market Sample Type Insights
The Self-Sampling Blood Collection and Storage Device Market is segmented based on sample type into blood, urine, and saliva. The blood sample type segment dominated the market in 2023. The large share of this segment is mainly attributed to the increasing cases of various chronic conditions like diabetes and cardiovascular diseases that require frequent blood tests. The urine sample type segment is projected to grow at a high rate during the forecast period. The growth of this segment is mainly due to the increasing demand for innovative urine-based, noninvasive diagnostic tests that offer convenience and ease of use.The market for saliva sample types is expected to witness a significant increase during the forecast period. The growth of saliva samples is attributed to an increasing number of technological advancements. The primary factors driving the growth of this market are the increasing demand for self-sampling devices for a wide range of diagnostic testing, rapid technological advancements, growing adoption of personalized medicine, expanding applications of molecular diagnostic technologies in dental science, early and advanced point-of-care diagnostic tests, increasing awareness about the expanded role of oral diagnostics, and increasing incidences of periodontitis.The substantial need for cost-effective, convenient, and accessible diagnostic testing primarily drives the market for self-sampling blood collection and storage devices. Moreover, the growing adoption of personalized medicine and increasing incidences of chronic diseases such as diabetes and cardiovascular diseases are vital contributors to the market growth. The significant factor offering growth opportunities to the market is continuous technological advancements such as miniaturized devices and the integration of biosensors. Key market players include Becton, Dickinson and Company, F.Hoffmann-La Roche Ltd., Abbott Laboratories, Bio-Rad Laboratories, Inc., and Thermo Fisher Scientific Inc.. These companies are adopting several organic and inorganic growth strategies such as product developments, mergers and acquisitions, partnerships, and expansions to sustain their market positions and meet the varying demands of end-users.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Self-Sampling Blood Collection and Storage Device Market Device Type Insights
On the basis of device type, the self-sampling blood collection and storage device market is segmented into capillary blood collection devices, venous blood collection devices, saliva collection devices, and urine collection devices. Capillary blood collection devices dominated the market in 2023 and are expected to dominate the market during the forecast period. The growth of this segment can be attributed to the increasing adoption of finger-prick blood collection methods for continuous home-based testing and point-of-care diagnostics. Venous blood collection devices are expected to have the highest growth rate in the forecast period as there has been an increasing demand for blood transfusion and there has been an increasing prevalence of chronic diseases.Saliva collection devices and urine collection devices are expected to have a moderate growth rate as this is increasingly used in non-invasive diagnostic testing.
Self-Sampling Blood Collection and Storage Device Market Application Insights
The Self-Sampling Blood Collection and Storage Device Market is segmented into Genetic Testing, Infectious Disease Testing, Drug Testing, and Blood Chemistry Testing based on Application. Among these segments, Genetic Testing held the largest market share of around 35% in 2023 and is projected to reach approximately USD 7.8 Billion by 2032, exhibiting a CAGR of 5.8% during the forecast period. The growth of this segment can be attributed to the increasing demand for personalized medicine and the rising prevalence of genetic disorders.Moreover, the growing adoption of self-sampling blood collection devices for genetic testing in clinical settings and research laboratories is further propelling the market growth.
Self-Sampling Blood Collection and Storage Device Market End User Insights
The Self-Sampling Blood Collection and Storage Device Market is segmented into various end-user segments. These segments include hospitals and clinics, home-based care, research laboratories, and diagnostic centers. Each segment has its unique characteristics and growth drivers. Hospitals and clinics are the largest end-user segment, accounting for a significant share of the Self-Sampling Blood Collection and Storage Device Market. The growth of this segment is attributed to the increasing number of patients suffering from chronic diseases, the rising prevalence of home-based care, and the growing demand for point-of-care testing.The Self-Sampling Blood Collection and Storage Device Market in hospitals and clinics is expected to reach USD 9.6 billion by 2025, growing at a CAGR of 6.5%. The home-based care segment is another major end-user segment, with a market size of USD 2.4 billion in 2023. The growth of this segment is driven by the increasing number of elderly patients, the rising prevalence of chronic diseases, and the growing demand for convenient and cost-effective healthcare services. The Self-Sampling Blood Collection and Storage Device Market in home-based care is expected to reach USD 4.2 billion by 2025, growing at a CAGR of 7.5%.Research laboratories and diagnostic centers are other important end-user segments, with market sizes of USD 1.2 billion and USD 0.8 billion, respectively, in 2023. The growth of these segments is driven by the increasing demand for accurate and reliable diagnostic tests, the rising prevalence of chronic diseases, and the growing number of research and development activities. The Self-Sampling Blood Collection and Storage Device Market in research laboratories and diagnostic centers is expected to reach USD 1.8 billion and USD 1.2 billion by 2025, respectively, growing at CAGRs of 6.0% and 5.5%.
Self-Sampling Blood Collection and Storage Device Market Distribution Channel Insights
The distribution channel segment plays a crucial role in the Self-Sampling Blood Collection and Storage Device Market, shaping market growth and revenue generation. Online retailers have emerged as a significant distribution channel, offering convenience and accessibility to consumers. The segment is projected to witness substantial growth in the coming years. Medical equipment distributors continue to hold a strong position in the market, leveraging their established relationships with healthcare providers and bulk purchasing capabilities.Pharmacies remain a key distribution channel, providing direct access to patients and offering professional guidance. Direct-to-patient sales are gaining traction as manufacturers explore innovative ways to reach consumers directly, by passing traditional distribution channels. This approach allows for greater control over product distribution and pricing strategies, potentially leading to increased market penetration and revenue growth.
Self-Sampling Blood Collection and Storage Device Market Regional Insights
The Self-Sampling Blood Collection and Storage Device Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023, owing to the increasing prevalence of chronic diseases, rising healthcare expenditure, and technological advancements. Europe is expected to follow North America in terms of market share, with countries such as Germany, France, and the United Kingdom being major contributors. The APAC region is projected to grow at the fastest rate during the forecast period due to the increasing healthcare awareness and disposable income in developing countries such as India and China.South America and MEA are expected to have a smaller market share, but they are also expected to grow at a steady pace. The Self-Sampling Blood Collection and Storage Device Market is expected to reach USD 22.14 billion by 2032, growing at a CAGR of 5.4% from 2024 to 2032.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Self-Sampling Blood Collection and Storage Device Market Key Players And Competitive Insights
Major players in the Self-Sampling Blood Collection and Storage Device Market industry are continuously engaged in strategic collaborations, acquisitions, and product launches to gain a competitive edge and expand their market presence. The Self-Sampling Blood Collection and Storage Device Market Industry is fragmented, with the presence of both established and emerging players. Leading Self-Sampling Blood Collection and Storage Device Market, players are focused on developing innovative solutions and expanding their geographical reach to cater to the evolving needs of customers. The competitive landscape is expected to remain intense in the coming years, with key players striving to maintain their market position and emerging players seeking to gain market share.Among the leading players in the Self-Sampling Blood Collection and Storage Device Market industry, BD (Becton, Dickinson and Company) is a prominent player known for its comprehensive portfolio of blood collection and handling products. The company's products include blood collection tubes, needles, and safety devices designed for various applications, including self-sampling. BD has a strong presence and a wide distribution network, which enables it to reach a large customer base. The company's commitment to innovation and customer-centric approach has helped it maintain a leading position in the industry.A key competitor in the Self-Sampling Blood Collection and Storage Device Market is Greiner Bio-One International GmbH. The company offers a range of blood collection and storage solutions, including self-sampling devices, tubes, and accessories. Greiner Bio-One has a reputation for delivering high-quality products and is known for its expertise in plastic molding and manufacturing. The company has a strong focus on research and development and has introduced several innovative products in recent years. Greiner Bio-One's presence and customer-oriented approach have enabled it to gain a significant market share and establish itself as a leading player in the industry.
Key Companies in the Self-Sampling Blood Collection and Storage Device Market Include
- BD (Becton, Dickinson and Company)
- Beckman Coulter, Inc.
- HoffmannLa Roche AG
- LabCorp
- Siemens Healthcare GmbH
- Quest Diagnostics Incorporated
- ARUP Laboratories
- Becton Dickinson and Company
- Abbott Laboratories
- Roche Diagnostics
- Siemens Healthineers
- BioRad Laboratories, Inc.
- bioMérieux SA
- Sysmex Corporation
Self-Sampling Blood Collection and Storage Device Market Industry Developments
The self-sampling blood collection and storage device market is projected to reach USD 22.14 billion by 2032, exhibiting a CAGR of 5.4% during the forecast period. The rising prevalence of chronic diseases, increasing demand for remote patient monitoring, and technological advancements in blood collection devices drive the market growth. Additionally, the COVID-19 pandemic has accelerated the adoption of self-sampling devices due to the need for at-home testing and reduced healthcare visits. Recent developments include the integration of biosensors and microfluidics into self-sampling devices, enabling real-time monitoring of biomarkers and reducing sample handling errors. Key players are focusing on strategic partnerships, acquisitions, and product launches to gain market share.
Self-Sampling Blood Collection and Storage Device Market Segmentation Insights
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Self-Sampling Blood Collection and Storage Device Market Sample Type Outlook
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Self-Sampling Blood Collection and Storage Device Market Device Type Outlook
- Capillary Blood Collection Devices
- Venous Blood Collection Devices
- Saliva Collection Devices
- Urine Collection Devices
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Self-Sampling Blood Collection and Storage Device Market Application Outlook
- Genetic Testing
- Infectious Disease Testing
- Drug Testing
- Blood Chemistry Testing
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Self-Sampling Blood Collection and Storage Device Market End User Outlook
- Hospitals and Clinics
- Home-based Care
- Research Laboratories
- Diagnostic Centers
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Self-Sampling Blood Collection and Storage Device Market Distribution Channel Outlook
- Online Retailers
- Medical Equipment Distributors
- Pharmacies
- Direct-to-Patient Sales
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Self-Sampling Blood Collection and Storage Device Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
13.09(USD Billion) |
| Market Size 2023 |
13.8(USD Billion) |
| Market Size 2032 |
22.14(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
5.4% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2022 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
BD (Becton, Dickinson and Company), Beckman Coulter, Inc., F. HoffmannLa Roche AG, LabCorp, Siemens Healthcare GmbH, Quest Diagnostics Incorporated, ARUP Laboratories, Becton Dickinson and Company, Abbott Laboratories, Roche Diagnostics, Siemens Healthineers, BioRad Laboratories, Inc., bioMérieux SA, Sysmex Corporation |
| Segments Covered |
Sample Type, Device Type, Application, End User, Distribution Channel, Regional |
| Key Market Opportunities |
Increased demand for home healthcare growing prevalence of chronic diseases technological advancements adoption in clinical trials expansion in emerging markets |
| Key Market Dynamics |
Rising prevalence of chronic diseases Growing awareness of selftesting Technological advancements Increasing adoption in remote and underserved areas Government initiatives and support |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Self-Sampling Blood Collection and Storage Device Market is projected to grow at a CAGR of 5.4% from 2023 to 2032.
The Self-Sampling Blood Collection and Storage Device Market is expected to reach a market size of USD 22.14 billion by 2032.
North America and Europe are the key regions driving the growth of the Self-Sampling Blood Collection and Storage Device Market.
Self-Sampling Blood Collection And Storage Devices are primarily used for home-based testing, point-of-care testing, and clinical research.
Key competitors in the Self-Sampling Blood Collection and Storage Device Market include BD, F. Hoffmann-La Roche, and Becton, Dickinson and Company.
Rising demand for home-based testing, increasing prevalence of chronic diseases, and technological advancements are the key factors driving the growth of the Self-Sampling Blood Collection and Storage Device Market.
Lack of reimbursement, stringent regulatory requirements, and privacy concerns are the key challenges faced by the Self-Sampling Blood Collection and Storage Device Market.
Growing adoption of telemedicine, increasing awareness about self-testing, and the development of new technologies are the potential opportunities for the Self-Sampling Blood Collection and Storage Device Market.
Integration of digital technologies, development of minimally invasive devices, and the rise of personalized medicine are the key trends in the Self-Sampling Blood Collection and Storage Device Market.
Government regulations play a crucial role in ensuring the accuracy, safety, and privacy of self-sampling blood collection and storage devices.
