• Thu. Jun 30th, 2022

COVID-19 Specimen Collection Kits Market Size Expected to Reach US$15.9 Billion at a CAGR of 4.1% by 2028 | Bio-Rad Laboratories, MyLab Discovery Solutions, Bharat Bio-Tech

ByRandall B. Phelps

Jun 7, 2022

Insight:

COVID-19 is caused by Severe Acute Respiratory Syndrome (SARS-CoV-2) and it is a contagious disease. COVID-19 specimen collection kits consist of consumables and reagents necessary for the diagnosis of SARS-Cov2 infection. Different types of COVID-19 kits are available in the market, such as the kit for the RT-PCR test or the rapid antigen test. Due to the pandemic, there has been an increased need for COVID-19 specimen collection kits. The US FDA has also approved various COVID-19 specimen collection kits, such as point-of-care, home collection kits, molecular test, antibody test, and multi-analyte to perform COVID-19 test. ‘antigen.

The Global COVID-19 Specimen Collection Kits Market is valued at USD 12.0 Billion in 2021 with a CAGR of 4.1% over the forecast period.

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Drivers:

Increase in new product launches of the global COVID-19 specimen collection kit by key players is expected to drive the growth of the COVID-19 specimen collection kit market over the forecast period. For example, EKF Diagnostics launched its specimen collection kit, PrimeStone, on December 24, 2020. This new kit makes it easier to collect, handle, and transport specimens.

Additionally, increasing product approvals by authorities are also expected to drive the growth of the global COVID-19 specimen collection kits market over the forecast period. For example, the United States Food and Drug Administration (FDA) granted Roche emergency use authorization for its COVID-19 home test on December 24, 2021. The company says these test kits are reliable. , accurate and provide rapid results for all variants of COVID-19.

Impact of COVID-19:

COVID-19 was first reported in 2019, in China, and it was declared a pandemic in March 2022. COVID-19 infection has spread to more than 100 countries worldwide, affecting 293 billion individuals and more.

Also, the growing incidences of COVID-19 have increased the demand for rapid testing techniques to diagnose COVID-19. For example, in June 2021, the Indian Council of Medical Research presented the statistics regarding the testing of samples from 400 million individuals in India. Rising concerns over new variants of COVID-19 are expected to drive the growth of the COVID-19 specimen collection kits market over the forecast period.

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Constraints:

The growing product recall of COVID-19 specimen collection kits is expected to hamper the growth of the global COVID-19 specimen collection kits market during the forecast period. For example, the University of Washington School of Medicine received notice from the Washington State Department of Health on April 17, 2020, to discontinue use of COVID-19 specimen collection kits. 19, because they had quality control issues. The Ministry of Health recalled nearly 12,000 sample collection kits that had been distributed to the local health administration.

Market taxonomy:

By product type:

  • Swabs
  • Nasal swab
  • Oropharyngeal swab
  • Nasopharyngeal swab
  • Viral transport media
  • Others

Per application:

Per end user:

  • Hospitals and Clinics
  • COVID-19 testing centers
  • Others

By region:

  • North America
  • Europe
  • Latin America
  • Middle East
  • Asia Pacific
  • Africa

Key players

The major active players in the global COVID-19 Specimen Collection Kits market are Copan Diagnostics, MyLab Discovery Solutions, Everlywell, Inc., Bhat Bio-Tech, EKF Diagnostics, Camtech Diagnostics, RapidRona, Angstrom Biotech Pvt. Ltd., LabCorp, Medsource Ozone Biomedicals Pvt Ltd., Kroger, Neuromics, GetMyDNA, Oscar Medicare Pvt. Ltd., Ethos Laboratories, GenBody Inc., Bio-Rad Laboratories, Alimetrix, Clinical Enterprise and Binx Health.

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Contents

Chapter 1 Industry overview
1.1 Definition
1.2 Assumptions
1.3 Scope of research
1.4 Market Analysis by Regions
1.5 COVID-19 Specimen Collection Kit Market Size analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Impact on COVID-19 Specimen Collection Kit Industry

Chapter 2 Global COVID-19 Specimen Collection Kit Competition by Types, Applications, and Top Regions & Countries
2.1 Global COVID-19 Specimen Collection Kits (Volume and Value) by Type
2.3 Global COVID-19 Specimen Collection Kits (Volume and Value) by Regions

chapter 3 Generation market analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global COVID-19 Specimen Collection Kit Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America COVID-19 Specimen Collection Kit Market Analysis
Chapter 6 Analysis of the COVID-19 specimen collection kit market in East Asia
Chapter 7 Analysis of the market for COVID-19 sample collection kits in Europe
Chapter 8 South Asia COVID-19 Specimen Collection Kit Market Analysis
Chapter 9 Analysis of the COVID-19 specimen collection kit market in Southeast Asia
Chapter 10 Market analysis of COVID-19 sample collection kits in the Middle East
Chapter 11 Market analysis of COVID-19 specimen collection kits in Africa
Chapter 12 Market analysis of COVID-19 specimen collection kits in Oceania
Chapter 13 Analysis of the COVID-19 specimen collection kits market in South America
Chapter 14 Company Profiles and Key Figures in COVID-19 Specimen Collection Kits Business
Chapter 15 Global COVID-19 Specimen Collection Kits Market Forecast (2022-2028)
Chapter 16 conclusion
Research Methodology

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