The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Mobile Phlebotomy Services Market. The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans.
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. Providers that can avail the benefit of logistics technologies with temperature and PH conditions, and also cloud-based services for online remote monitoring of blood specimens, would have a distinct edge in current and emerging market scenarios across the globe. This convergence of services and technology is expected to continue to fuel market growth going ahead.
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The market scope for the new entrants and established companies has been assessed using various analytical tools, including the SWOT analysis, investment assessment, and Porter’s Five Forces analysis. Furthermore, into the study, the authors of the report have evaluated the financial standing of leading companies operating in the industry.
The leading market contenders listed in the report are:
NeoGenomics Laboratories, Inc., Viracor-IBT Laboratories, Angel's on Wheels Mobile Phlebotomy LLC, Sonora Quest Laboratories, TravaLab LLC, Ultimate Wellness Providers Co., Mobile Phlebotomy Services, Inc., Pinnacle Mobile Phlebotomy, LLC, VeniExpress, Inc., and Progressive Phlebotomy Services, LLC
Key Coverage of the Report:
- Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects
- Market segmentation by deployment type, authentication type, component, organization size, industry vertical
- Regional and country-wise market size estimation for the forecast period (2019-2028)
- Pricing strategies of the regional market players
- Demand & supply gap analysis
- Competitive landscape analysis
- Market share analysis of the top market players
- Strategic recommendations for new market entrants
- Company profiling of the leading market players
- Brief summary of the key strategies, financial positions, and recent developments of the leading companies
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The global market has been categorized on the basis of product type, application gamut, end-user industries, and the competitive hierarchy. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further entails a clear outline of the market’s intensely competitive atmosphere to help businesses and industry stakeholders decipher the optimal business moves and achieve their business goals.
Segments Covered in this report are:
- 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
- Cancer
- End-Use Outlook (Revenue, USD Million; 2018–2028)
- Doctors & Nurses
- Individuals
- Medical Laboratories
- Assisted Living Facilities
- Companies with Wellness Programs
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Geographical Analysis:
The report offers a comprehensive analysis of the current growth prospects for the regional segments of the Mobile Phlebotomy Services market. It further gauges their revenue share for the forecast period. Furthermore, the report analyzes the year-on-year growth rate of the market in these regions for the forecast period. The leading geographic regions covered in this report are as follows:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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