Coronavirus Testing Kits Market Size, Share, Trends, Growth and Forecast 2032

Coronavirus Testing Kits Market

Coronavirus Testing Kits Market by Type of Test (Molecular, Serology); Technology (RT-PCR, ELISA Test and Microneutralization Assays); by Specimen Type (Nose & Throat Swab, Blood, Sputum and Nasal Aspirate); by End User (Hospitals and Clinics and Clinics, Public Health Labs, Private or Commercial Labs, and Other End Users) and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032-

Category: Biotechnology Report Format : PDF Pages: 126 Report Code: ZMR-5347 Published Date: Oct-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 17.48 Billion USD 100.04 Billion 21.39% 2023

Coronavirus Testing Kits Market

Coronavirus Testing Kits Market Insights

Zion Market Research has published a report on the global Coronavirus Testing Kits Market, estimating its value at USD 17.48 Billion in 2023, with projections indicating that it will reach USD 100.04 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 21.39% over the forecast period 2024-2032.

The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Coronavirus Testing Kits industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

Global Coronavirus Testing Kits Market SizeRequest Free Sample

The study provides historic data from 2018-2023 along with forecast from 2023 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the coronavirus testing kits market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the coronavirus testing kits market on a global as well as regional level.

In order to give the users of this report a comprehensive view on the coronavirus testing kits market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate and general attractiveness.

Coronavirus Testing Kits MarketRequest Free Sample

The report provides company market share analysis in order to give a broader overview of the key players in the coronavirus testing kits market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new type of test launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the coronavirus testing kits market on global and regional basis.

The study provides a crucial view on the coronavirus testing kitsby segmenting the market based on type of test,technology, end user, and region. All the segments of coronavirus testing kits market have been analyzed based on present and future trends and the market is estimated from 2016 to 2026.

Coronavirus Testing Kits Market: Report Scope

Report Attributes Report Details
Report Name Coronavirus Testing Kits Market
Market Size in 2023 USD 17.48 Billion
Market Forecast in 2032 USD 100.04 Billion
Growth Rate CAGR of 21.39%
Number of Pages 126
Key Companies Covered Roche Diagnostics, Abbott Laboratories, MyLab, Altona Diagnostics, Qiagen, Getein Biotech, BioMednomics, Hangzhou Biotest Biotech, Sensing Self Ltd, Beijing Tigsun Diagnostics Co Ltd, AmonMed Biotechnology Co, CTK Biotech and Biomaxima
Segments Covered By Type Of Test, By Technology, By Specimen Type, By End User And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Based on type of test, global coronavirus testing kits market is bifurcated into Molecular, Serology. Based on technology, global coronavirus testing kits market is categorized into RT-PCR, Microneutralization Assaysand ELISA Test. Based on specimen type market is segmented into nose & throat swab, blood, sputum and nasal aspirate. Based on end user market is segmented intoHospitals and Clinics, Public Health Labs, Private or Commercial Labs, and other end users.The regional segment includes North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa.

Some major players of the coronavirus testing kits market are

  • Roche Diagnostics
  • Abbott Laboratories
  • MyLab
  • Altona Diagnostics
  • Qiagen
  • Getein Biotech
  • BioMednomics
  • Hangzhou Biotest Biotech
  • Sensing Self Ltd
  • Beijing Tigsun Diagnostics Co Ltd
  • AmonMed Biotechnology Co
  • CTK Biotech
  • Biomaxima.

The report segments of global coronavirus testing kits market are as follows:

Global Coronavirus Testing Kits Market: Type of Test

  • Molecular
  • Serology

Global Coronavirus Testing Kits Market: By Technology

  • RT-PCR
  • ELISA Test
  • Microneutralization Assays

Global Coronavirus Testing Kits Market: By Specimen Type

  • Nose & Throat Swab
  • Blood
  • Sputum
  • Nasal Aspirate

Global Coronavirus Testing Kits Market: By End User

  • Hospitals and Clinics
  • Public Health Labs
  • Private or Commercial Labs
  • Other End Users(Physician Labs, Research Institutes etc.)

Global Coronavirus Testing Kits Market: By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Increasing cases of coronavirus cases across the globe drives the demand for coronavirus testing kits. Increasing need to prevent spread of coronavirus and increasing government funding is expected to further boost the market growth.

North America is projected to be largest regional market for the global coronavirus testing kits in 2020. This large share is attributed tohigh prevalence of coronavirus cases, presence of advanced healthcare infrastructure, increasing health awareness and favorable reimbursement policies. Europe is projected to be second leading regional market.

Major players in coronavirus testing kitsmarket are Roche Diagnostics, Abbott Laboratories, MyLab, Altona Diagnostics, Qiagen, Getein Biotech, BioMednomics, Hangzhou Biotest Biotech, Sensing Self Ltd, Beijing Tigsun Diagnostics Co Ltd, AmonMed Biotechnology Co, CTK Biotechand Biomaximaamong others.

Based on the enduser, the market is divided into hospitals and clinics, public health labs, private or commercial labs, and others.Hospitals and clinics segment will register rapid growth in the coming years.

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