The latest report is the first study encompassing the current Mobile phlebotomy services market situation with respect to the COVID-19 outbreak. Since the advent of the outbreak, the global economic landscape has been grappling with adverse financial consequences. The report analyzes the drastic impact of the pandemic on this business sphere. The pandemic has affected nearly all segments of the Mobile phlebotomy services market. It has further hampered the developmental scope of various manufacturers and buyers engaged in this sector. Thus, the report studies the ’s shifting dynamics to scrutinize the profits earned or loss suffered by different segments.
The global mobile phlebotomy services market size reached USD 497.3 Million in 2020 and is expected to register a revenue CAGR of 4.4%, during the forecast period, according to latest analysis by Emergen Research. The COVID-19 pandemic as well as rising prevalence of infectious diseases and need for preventive measures and initiatives are some key factors driving global mobile phlebotomy services market revenue growth currently. During the COVID-19 pandemic, demand for mobile phlebotomy services increased rapidly, and the trend continues to drive revenue growth of the market currently.
Some individuals and patients are required to undergo routine blood tests and many are reluctant to visit hospitals or testing centers owing to the pandemic and risk of infection. As a result, preference for mobile phlebotomy services has been gaining rapid traction among an increasing base of individuals requiring blood draws and tests etc. In addition, increasing convergence of services with technology is another key factor expected to boost revenue growth of the market to a significant extent over the forecast period.
However, poor blood sample collection by inexperienced phlebotomists and invasive blood collection procedures are key factors expected to hamper growth of the global mobile phlebotomy services market to a certain extent over the forecast period.
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Some Key Highlights from the Report
- Specimen collection segment revenue is expected to expand at a significantly robust CAGR during the forecast period owing to rising demand for mobile phlebotomy services for routine blood testing as routine blood testing is required for some medical conditions.
- Cancer segment is expected to lead in terms of revenue share over the forecast period, which can be attributed to increase in prevalence of cancer globally, as well as rising need for mobile phlebotomy services for blood-based testing to identify non-small cell lung cancer, solid tumors, and hematologic malignancies using liquid biopsy.
- Individuals segment is expected to lead in terms of revenue over the forecast period as a result of increase in demand for mobile phlebotomy services among individuals who require routine blood testing, including diabetics and cancer patients.
Market Taxonomy:
Chapter 1: Methodology Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
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Chapter 2:
Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3:
Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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Emergen Research has segmented the global mobile phlebotomy services market on the basis of service, application, end-use, and region:
Services Outlook (Revenue, USD Million; 2018–2028)
- Process Handling
- Specimen Collection
- Routine Draws
- Stat Draws
- Specialty Test Kits
- Saliva Kits
- Stool Specimens Kits
- Family Study Testing
- Paternity Testing
- Pediatric Blood Draws Heel Sticks
- Health Fairs
- Research Investigational Testing
- Specimen Shipping
Application Outlook (Revenue, USD Million; 2018–2028)
- Cancer
- Liquid Biopsy Tests
- Biosimilar
- Infectious Disease
- Immunoassay
- Urinalysis with UTI Panel
- Respiratory Virus Panel
- Tuberculosis Screening
- Vaccine Clinical Trials
End-Use Outlook (Revenue, USD Million; 2018–2028)
- Doctors Nurses
- Individuals
- Medical Laboratories
- Assisted Living Facilities
- Companies with Wellness Programs
Unfolding the prime factors prompting global market growth:
- The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Mobile phlebotomy services market into a broad product spectrum.
- The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
- A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
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Global Mobile phlebotomy services Market Geographical Landscape - Synopsis:
- The report closely studies the growth trajectory of the global Mobile phlebotomy services market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
Elucidating the competitive landscape of the Global Mobile phlebotomy services Market:
- The global Mobile phlebotomy services market report offers viable insights into the competitive spectrum of the Mobile phlebotomy services business sphere.
- The report systematically profiles the company information of each market player.
- It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
- The study showcases the extensive product portfolios of the prominent market contenders.
- It offers critical data information about the product application scope and the end-user landscape.
- The study provides salient information about the pricing models of the products offered by these companies. Moreover, it determines the gross profits and losses experienced by them throughout their market tenures.
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