Global Midstream Collection Kits Market is expected to foresee significant growth. Asia pacific to lead the growth!

Global midstream collection kits market is expected to register a CAGR of approx. 5% over the period of 2022-2028. Midstream collection kits are widely used for urine collection and storage. The majority of other tests carried out in order to run a physical test are less accurate than specimen tests. An essential component of first-line diagnosis is the examination of urine samples taken from the hospital or home-based patients. It is therefore critical to obtain the specimen effectively and easily in order to perform the test. Regardless of a patient’s gender or appearance, midstream collection kits are suitable for nearly all patient categories. The global midstream collection kits market is growing due to the technical advancements in midstream collection kits combined with the focus on expanding distribution networks by manufacturers to push the availability of devices around the globe. For instance,In December 2021, KDx Diagnostics, Inc. and Lister Hospital launched KDx’s URO17 non-invasive urine test for the diagnosis of bladder cancer in the UK. Owing to these glaring statistics the demand for midstream collection kits is anticipated to grow in the forthcoming years as the surging preference for self-detecting kits boosted the growth of the midstream collection kits industry. Moreover, rising investment and grants by the government are fueling the demand for the midstream collection kits market. Furthermore, awareness about the advantages of midstream collection kits over other techniques is expected to drive the market for the midstream collection kits market in the coming years.

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Based on the test type, the midstream collection kits market is segmented into urine test kits, ovulation predictor test kits, HIV test kits, pregnancy tests, and others. The pregnancy tests segment accounted for a significant market share, and it is estimated that it will grow rapidly during the projected timeframe. Increasing awareness with regard to the latest pregnancy detection kits, rising knowledge about how to use self-detecting pregnancy devices and their benefits, and the surging preference for self-detecting kits boost the segment of the market.

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Based on the distribution channel, the market is fragmented into hospital pharmacy, retail pharmacy, and e-commerce. The hospital pharmacy segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period owing to the purpose of quickly conducting a test. The midstream collection kits are designed to be used in home-care settings as well, with immediate response to the test available in R&D laboratories.

For a better understanding of the market adoption of the midstream collection kits, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia Pacific constitutes a major market for the midstream collection kits industry owing to the presence of prominent players in the region. Furthermore, the unique strategies adopted by manufacturers, as well as targeting methods to include lab testing with the help of midstream collection kits, are bolstering the regional market’s growth.

Some of the major players operating in the market include Thermo Fisher Scientific Inc, Medline Industries, Cardinal Health Inc, PRETIUM PACKAGING, Medisave UK Ltd, Becton Dickinson and Co, Oscar Medicare Pvt Ltd.

Global Midstream collection kits Market Segmentation

Market Insight, by Test Type

· Urine Test Kits

· Ovulation Predictor Test Kits

· HIV Test Kits

· Pregnancy Tests

· Others

Market Insight, by Distribution Channel

· Hospital Pharmacy

· Retail Pharmacy

· E-Commerce

Market Insight, by Region

· North America

o United States

o Canada

o Rest of North America

· Europe

o France

o Germany

o Italy

o Spain

o United Kingdom

o Rest of Europe

· Asia-Pacific

o China

o India

o Australia

o Japan

o Rest of Asia-Pacific

· Rest of World

Top Company Profiles

· Thermo Fisher Scientific Inc

· Medline Industries

· Cardinal Health Inc

· PRETIUM PACKAGING

· Medisave UK Ltd

· Becton Dickinson and Co

· Oscar Medicare Pvt Ltd