According to the latest report by IMARC Group, titled “Covid-19 Diagnostics Market Share: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” The global COVID-19 diagnostics market is expected to continue its strong growth during the next five years.
COVID-19 diagnostics are clinical tests conducted for detecting the presence of the infection among individuals through antigen, antibody testing, and reverse transcriptase-polymerase chain reaction (RT-PCR). They comprise kits and reagents that assist in collecting samples from human saliva, nasal swabs, blood, nasopharyngeal, and oropharyngeal. They are currently extensively used in clinics, hospitals, laboratories, diagnostics centers, and research institutes across the globe.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Covid-19 Diagnostics Market Trends:
The sudden outbreak of COVID-19 has resulted in an increased mortality rate worldwide. This represents one of the key factors positively influencing the demand for diagnostic tests for rapid and comprehensive testing and providing early treatment. Furthermore, the development of novel antibody and serology testing kits is driving the market. Besides this, the implementation of various regulations by governing agencies of numerous countries to prevent the spread of this viral infection, along with significant improvements in the healthcare infrastructure, are impelling the market growth.
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Global Covid-19 Diagnostics Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Abbott Laboratories, Becton Dickinson and Company, bioMérieux SA, Bio-Rad Laboratories, Danaher Corporation, F. Hoffman-La Roche Ltd. (Roche Holding AG), Luminex Corporation, PerkinElmer Inc., Quest Diagnostics Incorporated, Robert Bosch GmbH, Seegene Inc., Siemens Aktiengesellschaft and Thermo Fisher Scientific Inc.
The report has segmented the market on the basis on region, product type, sample type, test type, mode and end use.
Breakup by Product Type:
- Reagents and Kits
- Instruments
- Others
Breakup by Sample Type:
- Nasopharyngeal Swabs
- Oropharyngeal Swabs
- Nasal Swabs
- Blood
- Others
Breakup by Test Type:
- Molecular (RT-PCR) Testing
- Antigen-based Testing
- Antibody (Serology) Testing
- Others
Breakup by Mode:
- Point-of-Care (PoC)
- Non-Point-of-Care (Non-PoC)
Breakup by End Use:
- Laboratories
- Hospitals
- Diagnostic Centers and Clinics
- Others
Breakup by Region:
- North America:( United States, Canada)
- Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico,Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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