Covid-19 Detection Kits

decision foresight.png

Global Covid-19 Detection Kits Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030


The global covid-19 detection kits market size was valued at 3.28 billion USD in 2020 and is expected to grow at a rate of 4.80% CAGR during the forecast period. The robust spread of covid-19 across the globe is the major factor driving the covid-19 detection kits market. Covid-19 first originated in Wuhan, China in 2019 December and within a span of three months has spread across more than 200 countries worldwide. The effect of covid-19 has been massively disastrous and has pushed the healthcare system of even developed countries such as the U.S. and Italy on the brink of collapse. Considering the fact that there is no vaccine available till date for novel coronavirus, the prevalence and incidence rate of covid-19 is expected to rise, which in turn, will drive the COVID-19 detection kits market growth.

Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https://www.decisionforesight.com/request-sample/DFS020214

Market Dynamics and Factors : 

The major factor driving the global covid-19 detection kits market is the rising prevalence of covid-19 pandemic. The increasing cases of novel coronavirus across the globe since its outbreak in December 2019 has attributed to the rising demand for covid-19 detection kits. For instance, according to worldometer, there have been 6.08 million coronavirus cases worldwide till May 2020, out of which there have been 370 thousand deaths. Additionally, the geriatric population is at a significantly higher risk of getting infected to coronavirus. For instance, as per the World Health Organization, more than 95% of the deaths due to covid-19 were of people more than 60 years of age. This has propelled the market of covid-19 detection kits in countries which have a higher percentage of geriatric population such as Italy and Germany.

Market Segmentation : 

Global Covid-19 Detection Kits Markets - By Product Type:

  • RT-PCR Assay kits

  • Immunoassay test strips

Global Covid-19 Detection Kits Markets - By Specimen Type:

  • Nasopharyngeal swab

  • Oropharyngeal swab

  • Nasal swab

Global Covid-19 Detection Kits Markets - By Applications:

  • Hospitals

  • Diagnostic centers

  • Others

Global Covid-19 Detection Kits Markets - By Region:

  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • UK

  • France

  • Italy

  • Rest of Europe

  • Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • Rest of APAC

  • ROW

  • Latin America

  • Middle East

  • Africa

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020214

Regional Analysis :

North America is expected to dominate the global covid-19 detection kits market in terms of market share during the forecast period. The increasing prevalence of novel coronavirus disease in the U.S and the strong presence of key manufacturers in the region are the major factors attributing to the covid-19 detection kits market dominance. For instance, according to the data published in worldometer, as of May 2020, the total number of covid-19 positive cases in the U.S. is about 1.81 million, out of which the death toll is around 105 thousands. Furthermore, the U.S is supplying PCR kits to various government testing labs across the globe, which in turn is boosting the covid-19 detection kits market growth in the North American region.

Asia Pacific is expected to witness the fastest growth in the covid-19 detection kits market during the forecast period in terms of covid-19 detection kits market share. The increasing prevalence of covid-19 patients in countries such as China, India, and South Korea has attributed to the rise in the demand for detection kits in the region. For instance, Mylab Discovery Solutions in India developed a test kit which got approved by the Indian Council for Medical Research (ICMR) and is working with Serum Institute of India to manufacture detection kits. Furthermore, in March 2020, Los Angeles city and other county leaders in the U.S. purchased 20,000 covid-19 test kits worth 1.25 million USD from Seegene Technologies, a South Korea based Biotech Company.

Competitive Scenario :

The key players operating in the global covid-19 detection kits industry are Becton, Dickinson and Company, Quidel Corporation, Bio-Rad Laboratories, Akers Biosciences, Inc., Abbott, Thermo Fisher Scientific, Meridian Bioscience, Inc., Cepheid, Inc., OraSure Technologies, Inc., Hologic, Inc., Sinocare, Maccura Biotechnology Co, Roche Diagnostics, RayBiotech, Cardinal Health, Guangzhou Wondfo Biotech, and Creative Diagnostics.

Connect to Analyst @ https://www.decisionforesight.com/speak-analyst/DFS020214 

How will this Market Intelligence Report Benefit You?

  1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

  2. Exclusive insight into the key trends affecting the Global Covid-19 Detection Kits industry, although key threats, opportunities and disruptive technologies that could shape the Global Covid-19 Detection Kits Market supply and demand.

  3. The report tracks the leading market players that will shape and impact the Global Covid-19 Detection Kits Market most.

  4. The data analysis present in the Global Covid-19 Detection Kits Market report is based on the combination of both primary and secondary resources.

  5. The report helps you to understand the real effects of key market drivers or retainers on Global Covid-19 Detection Kits Market business.

The 2021 Annual Global Covid-19 Detection Kits Market offers:

  • 100+ charts exploring and analysing the Global Covid-19 Detection Kits Market from critical angles including retail forecasts, consumer demand, production and more

  • 15+ profiles of top producing states, with highlights of market conditions and retail trends

  • Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

  • Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Covid-19 Detection Kits Market type

Buy This Premium Research Report@ https://www.decisionforesight.com/checkout/DFS020214 

About Us:

Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.

Contact:

Email: sales@decisionforesight.com

For Latest Update Follow Us:

https://www.facebook.com/Decision-Foresight-110793387201935

https://twitter.com/DecisionFs

https://www.linkedin.com/company/decision-foresight/


 

Comments

Post a Comment

Popular posts from this blog

Digital Pathology

Image
  Global Digital Pathology Market Size, Share, Growth, Industry Trends and Forecast 2020-2030 Global Digital Pathology Market accounted USD 721.7 million in 2020 and is anticipated to reach USD 2281.7469 million by 2030, at a CAGR of 12.2% during the forecast period. It is an innovation predominantly committed to minimize laboratory expenses, increase operational efficiency, improving treatment decisions and patient care, and improved overall productivity. This technique incorporates the management, acquisition, sharing and interpretation of pathology information — which include slides and data — in a digital environment. Digital slides are produced when glass slides are apprehended with a scanning device, to deliver a high-resolution digital image that can be observed on a computer screen or mobile device. Virtual microscopy is a part of the market which enables to practice converting glass slides into digital slides that can be viewed, managed, shared and analyzed on a computer m...
Read more

Global Antisense And RNAi Therapeutics Market

Image
  Global Antisense And RNAi Therapeutics Market Size, Share, Growth, Industry Trends and Forecast 2020-2030 Antisense and RNAi therapeutics are therapeutic treatments having the potential to treat diseases such as chronic liver and cardiovascular diseases, and other rare diseases. Antisense RNAi was the largest technology segment in 2018 due to technological advancement in the healthcare sector. Antisense technology is a method that can stop protein production. Antisense technology can be used to design new therapeutics for certain new diseases. The principle behind is antisense nucleic acid sequence base pairs with complementary sense RNA strand and avoids from being translated into a protein. Based on the triggering of the RNA molecules this technology is segmented into siRNA and miRNA. Antisense and RNAi therapeutics services are applicable in the treatment of a wide range of diseases that target nucleic acid and affect the cell growth cycle. miRNA has the ability to restore gen...
Read more

Regenerative Therapies

Image
  Global Regenerative Therapies Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030 The Global regenerative therapies market held USD 8.5 billion in 2020 and is to grow with a CAGR of 15.7% from 2020-2030. Regenerative medicine is medicine principle that focuses on the replacement of tissues, human cells and organs in order to restore normal functionality. Regenerative medicine aims to renew or replace cells in the damaged and unfitting tissue or organ of human beings. The body's own cells can be encouraged to cure, or a patient with laboratories-grown cells and tissues can be therapied. It can treat incurable chronic disorders and conditions such as Alzheimer's disease, Parkinson's disease, diabetes, cardiac illness, kidney failure, osteoporosis and injuries to the spinal cord, etc. Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Tabl...
Read more