Midstream Collection Kits Market: Current Analysis and Forecast (2022-2028)

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: Emphasis on Test Type (Urine Test Kits, Ovulation Predictor Test Kits, HIV Test Kits, Pregnancy Tests, Others); Distribution Channel (Hospital Pharmacy, Retail Pharmacy, E-Commerce); and Region/Country

Pages:

140

Table:

38

Figure:

131

Report ID:

UMHE211606

Geography:

Clear
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Report Description
Table of content
Research Methodology

Report Description

Midstream Collection Kits Market
Midstream Collection Kits Market

The 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 growing demand for midstream collection kits can be attributed due to the rising incidence of diseases such as Urinary Tract Infections (UTIs) which boosts the adoption of organic growth strategies among key industry players around the globe. For instance, According to The National Center for Biotechnology Information, globally, around 6 million people are diagnosed with urinary tract infections every year. Owing to the glaring statistics the rising prevalence of UTI boosts the demand for midstream collection kits across the globe and would contribute to the growth of the market in the forthcoming period as well. Furthermore, the midstream collection kits market is anticipated to grow on account of the increasing number of diagnostic procedures. In addition, the rising prevalence of kidney diseases is anticipated to increase demand for products that are used in urinalysis driving the market growth. However, some of the restraints in the market including the alternative approaches to diagnosis and lack of trained professionals are impeding the growth of this market all over the world.

Bayer AG; ulrich GmbH & Co. KG; Medtron AG; ICU Medical, Inc; B. Braun SE; Apollo Rt Co. Ltd; Nemoto Kyorindo Co. Ltd; Guerbet Group; GE Healthcare; Shenzhen Anke High-tech Co. Ltd are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst test type, the pregnancy tests category is expected to witness considerable CAGR during the forecast period”

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.

“Amongst distribution channel, the hospital pharmacy category is expected to witness considerable CAGR during the forecast period”

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.

“Asia Pacific to witness significant growth during the forecast period”

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.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
  • The report presents a quick review of overall industry performance at one glance.
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
  • The study comprehensively covers the market across different segments.
  • Deep dive regional level analysis of the industry.

 

Customization Options:

Global midstream collection kits market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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1.1.Market Definitions
1.2.Main Objective
1.3.Stakeholders
1.4.Limitation

 

2.1.Research Process of the Midstream Collection Kits Market
2.2.Research Methodology of the Midstream Collection Kits Market
2.3.Respondent Profile    

 

3MARKET SYNOPSIS
4EXECUTIVE SUMMARY

 

5IMPACT OF COVID-19 ON THE MIDSTREAM COLLECTION KITS MARKET
6GLOBAL MIDSTREAM COLLECTION KITS MARKET REVENUE, 2020-2028F

 

7.1.Urine Test Kits 
7.2.Ovulation Predictor Test Kits
7.3.HIV Test Kits 
7.4.Pregnancy Tests 
7.5.Others   

 

8.1.Hospital Pharmacy
8.2.Retail Pharmacy
8.3.E-Commerce  

 

9.1NORTH AMERICA MIDSTREAM COLLECTION KITS MARKET  
 9.1.1U.S.     
 9.1.2Canada     
 9.1.3Rest of North America   
9.2EUROPE MIDSTREAM COLLECTION KITS MARKET   
 9.2.1Germany     
 9.2.2France     
 9.2.3U.K.     
 9.2.4Spain     
 9.2.5Italy     
 9.2.6Rest of Europe    
9.3ASIA PACIFIC MIDSTREAM COLLECTION KITS MARKET 
 9.3.1China     
 9.3.2Japan     
 9.3.3India     
 9.3.4.Australia     
 9.3.4Rest of Asia Pacific    
9.4REST OF WORLD MIDSTREAM COLLECTION KITS MARKET 

 

10.1Market Drivers 
10.2Market Challenges
10.3Impact Analysis

 

11MIDSTREAM COLLECTION KITS MARKET OPPORTUNITIES

 

12MIDSTREAM COLLECTION KITS MARKET TRENDS & INSIGHTS
13.1Demand Side Analysis
13.2Supply Side Analysis
14VALUE CHAIN ANALYSIS

 

15PRICING ANALYSIS 

 

16STRATEGIC INSIGHTS

 

17.1.Competitive Landscape
 17.1.1Porter’s Five forces analysis
18.1.Thermo Fisher Scientific Inc
18.2.Medline Industries 
18.3.Cardinal Health Inc 
18.4.PRETIUM PACKAGING
18.5.Medisave UK Ltd 
18.6.Becton Dickinson and Co
18.7.Oscar Medicare Pvt Ltd

 

19DISCLAIMER

 

Research Methodology

Research Methodology for the Global Midstream Collection Kits Market Analysis (2022-2028)

Analyzing the historical market, estimation of the current market, and forecasting the future market of the global midstream collection kits market were the three major steps undertaken to create and analyze the adoption of midstream collection kits in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global midstream collection kits market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the midstream collection kits market through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the midstream collection kits market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as the test type and distribution channel. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the midstream collection kits market. Further, we conducted factor analysis using dependent and independent variables such as the increasing prevalence of UTIs, etc. globally. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the midstream collection kits market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global midstream collection kits market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of revenue (USD) and the adoption rate of the midstream collection kits market across the major markets domestically
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the global midstream collection kits market in terms of solutions offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

 

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Midstream Collection Kits Market
Midstream Collection Kits Market

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the global midstream collection kits market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of test type and distribution channel in the global midstream collection kits market.

The main objective of the Global Midstream Collection Kits Market Study

The current & future market trends of the global midstream collection kits market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of the midstream collection kits market in terms of Value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of test type and distribution channel.
  • Define and analysis of the regulatory framework for the midstream collection kits market industry.
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
  • Analyze the current and forecast market size of the midstream collection kits market for the major region.
  • Major countries of regions studied in the report include Asia Pacific, Europe, North America, and Rest of the world.
  • Company profiles of the midstream collection kits market and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Deep dive regional level analysis of the industry

You can also purchase parts of this report. Do you want to check out a section wise
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