Global Self-Sampling Blood Collection and Storage Devices Market, by Product Type (Collection Devices, Storage Device), By Application (Epidemiology Research, Clinical Trials, Therapeutic Drug Monitoring, and Others), and by Region and Companies Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032.

Self-Sampling Blood Collection and Storage Devices Market Overview:

The global self-sampling blood collection and storage devices market is projected to achieve a valuation of USD 321.13 Mn by 2031 at a CAGR of 11.90%, from USD 104.32 Mn in 2021.

Market.US announces the publication of a recently generated research report titled, “Global Self-Sampling Blood Collection and Storage Devices Market, by Product Type (Collection Devices, Storage Device), By Application (Epidemiology Research, Clinical Trials, Therapeutic Drug Monitoring, Population Health Studies, Biomarker Testing, Other Applications), By End-User (Hospitals, Ambulatory Surgical Centers, Diagnostic & Pathology Laboratories, Academic & Research Institutes, Blood Banks), and by Region – Global Forecast to 2031.” This report offers a holistic view of the global self-sampling blood collection and storage devices market through systematic segmentation that covers every aspect of this target market.

Self-sampling blood collection and storage devices are new technology that allows individuals to collect their blood samples. This eliminates the need to visit a medical facility or laboratory to have the same collection. The result is painless, blood draws that are less traumatic because they do not require a needle, and there’s no risk of infection from someone else.

Self-sampling blood collection and storage devices are designed to be used by the patient to collect, process, and store their blood for future testing. They can be vital in situations where there is no hospital or clinical laboratory nearby to provide appropriate services. A critical determinant of the quality of samples is the control of temperature during storage. A temperature change can affect proteins and other molecules found in the sample.

It is not uncommon for individuals to have a fear of needles, but using a blood collecting device can make having blood drawn an easier process. There are many types of devices available at local pharmacies or online that collect blood safely and easily. One option is a finger-prick device. This device uses a lancet to draw small samples of blood from the skin surface.

The other option is a butterfly needle which has two thin strands to quickly draw out small amounts of blood. Different types of devices can be used to collect or store blood, but when choosing the right one it is important to know what kind of device would be best for a specific purpose.

Blood collection and storage devices are important for hospitals, blood banks, and other medical facilities. The methods of collection and storage vary but the goal for all of these is to make sure that there is a safe and reliable way to preserve blood in its most useful form.

Self-sampling blood collection and storage devices are a useful alternative for patients who cannot get to a clinic or hospital for medical treatment. These devices have the potential to improve the quality of healthcare in emerging countries, by enabling patients who lack transportation or financial access to clinics to obtain necessary care. Self-sampling devices can be used in rural areas, where there is a shortage of medical staff and available healthcare facilities.

The Global Self-Sampling Blood Collection and Storage Devices Market Revenue (US$ Mn), 2021–2031

A new type of blood sampling device that is gaining popularity is the self-sampling device. These devices allow for greater convenience for patients and healthcare providers. These devices offer several advantages over traditional methods of a whole blood draw, including less pain, increased likelihood of getting a hemoglobin test, and faster processing time.

The increasing prevalence of chronic diseases including cancer, diabetes, HIV/AIDS, and cardiovascular diseases are major factors for this market’s economic growth. Technological advancements in healthcare devices are also increasing the demand for, and adoption of self-sampling blood collection and storage devices.

The surging demand for novel and effective pharmaceuticals is fueling revenue growth in the global self-sampling blood collection and storage devices market. Market expansion is augmented by ongoing research & development activities (such as DNA analysis) to prevent and cure new diseases, particularly after the inset of the COVID-19 pandemic.

Furthermore, greater awareness levels concerning the advantages of self-sampling blood collection and storage equipment are also likely to boost this market’s revenue trajectory. These devices are capable of collecting samples, as well as being able to storing and ship these samples at room temperature. This lowers the cost of labor and, as a result, the cost of R&D activities around the world. Remote self-sampled blood collection has been proven to offer several benefits.

Moreover, when the prevalence of high blood pressure, diabetes, and other chronic conditions increases, the need for more regular testing, therapeutic drug monitoring, and clinic visits becomes necessary. According to the World Health Organization (WHO), diabetes affects 422 million people worldwide and is one of the leading causes of death.

As a result, self-sampling blood collection and storage devices are beneficial to individuals who are unable to visit health clinics (for blood component analysis) due to a given medical condition. Furthermore, the ongoing COVID-19 pandemic has resulted in restrictions on individuals to prevent the further spread of this virus among individuals in public areas such as hospitals, etc.

Several adverse circumstances are stifling the expansion of the global market for self-sampling blood collection and storage systems. A fear of needles, frequent testing, painful sample collection techniques, a lack of information about how to obtain blood samples, and erroneous results in blood collection kits are all elements expected to potentially limit market expansion prospects for this industry.

The government’s focus on digitization, as well as various technological developments (such as nanotechnology) in research laboratories, are expected to continue to create attractive economic prospects for both established firms and new market entrants. Cloud software advancements aid medical practitioners in developing innovations concerning the data collection of various blood samples.

Furthermore, notably during the COVID-19 pandemic, the concept of remote and contact-free laboratory testing is emerging as a new norm in clinical or epidemiology research.

With the increasing availability of new technologies, self-sampling is anticipated to play a key role in healthcare services. Self-sampling has the potential to allow consumers to track their health more actively and at their own convenience. To accommodate this transition, there is an increasing demand for blood collection and storage devices that are small, durable, easy to use, and cost-effective.

This research report on the global self-sampling blood collection and storage devices market includes major company profiles such as

• Neoteryx LLC.
• Hemaxis
• PanoHealth
• Tasso Inc.
• YourBio Health Inc.
• LAMEDITECH
• Capitainer
• Tribeca Company
• Trajan Scientific and Medical
• Weavr Health
• among others.

The Global Self-Sampling Blood Collection and Storage Devices Market Segmentation is Based on Product Type, Application, End-User, and Region

Based on Product Type

• Collection Devices
• Storage Devices

Based on Application

• Epidemiology Research
• Clinical Trials
• Therapeutic Drug Monitoring
• Population Health Studies
• Biomarker Testing
• Other Applications

Based on End-User

• Hospitals
• Ambulatory Surgical Centers
• Diagnostic & Pathology Laboratories
• Academic & Research Institutes
• Blood Banks

Based on Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa