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Biological Sample Collection Kits Market Size

  • Report ID: GMI6002
  • Published Date: Jun 2023
  • Report Format: PDF

Biological Sample Collection Kits Market Size

Biological Sample Collection Kits Market size was valued at around USD 7.8 billion in 2022 and is set to register over 8.8% CAGR between 2023 and 2032. Several factors comprising increasing demand for diagnostic and research applications contribute to this growth. The rising prevalence of chronic & infectious diseases, coupled with advancements in genetic & molecular research has also led to a growing demand for sample collection kits.

Personalized medicine that involves tailoring medical treatments to individual patients is gaining traction. Genetic testing and analysis are key components of personalized medicine, and biological sample collection kits play a vital role in obtaining genetic material for analysis. The increasing adoption of personalized medicine is driving the demand for sample collection kits. Further, biobanks that store and manage biological samples for research purposes have witnessed significant growth. These facilities require efficient and standardized sample collection kits to maintain the integrity of the stored samples. Additionally, an increasing number of large-scale research studies and clinical trials contribute to the demand for sample collection kits. As a result, the biological sample collection kits market is expected to continue growing due to the rising demand for diagnostic and research applications, technological advancements, the focus on personalized medicine, and the expansion of research studies among others.

 

Biological sample collection kits are specialized packages or containers that contain the necessary tools and materials for collecting and preserving various types of biological samples for laboratory analysis or research purposes. These kits are designed to ensure the safe and efficient collection of biological specimens while maintaining their integrity and minimizing the risk of contamination.

 

However, the complexities associated with biological sample collection kits may act as a restraint in market revenue. Contamination during sample collection can lead to inaccurate results or false positives/negatives. It requires careful handling of the collection kits, adherence to proper aseptic techniques, and appropriate storage conditions. The accuracy and reliability of the collected samples can be affected by user error during the collection process. Different research areas and diagnostic tests may require specific modifications to collection kits. For instance, kits designed for molecular analysis might need specialized preservatives or additives to stabilize nucleic acids, while kits for microbiological analysis may require specific transport media to maintain bacterial or viral viability. Thus, the complexities associated with biological sample collection kits may obstruct the market growth.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Biological sample collection kits industry was worth around USD 7.8 billion in 2022 and is projected to reach over USD 18.6 billion by 2032 attributed to the high demand for biological sample collection kits in diagnostic and research applications.

The swabs segment accounted for more than USD 2.7 billion in 2022 and is set to grow at a steady pace, driven by the onset of the COVID-19 pandemic and the subsequent implementation of widespread testing to identify and control the spread of the virus.

U.S. market for biological sample collection kits surpassed USD 2.3 billion in 2022 owing to the presence of key market players and rising awareness regarding early-stage disease diagnosis.

Some of the leading firms engaged in the biological sample collection kits business are Thermo Fisher Scientific, Inc., QIAGEN, F. Hoffmann-La Roche Ltd, Abbott Laboratories, Becton, Dickinson and Company, and others.

Biological Sample Collection Kits Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 351
  • Countries covered: 28
  • Pages: 180
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