COVID-19 Sample Collection Kits Market, by Product Type (Swabs [Nasal swab, Nasopharyngeal swab, and Oropharyngeal swab], Viral Transport Media, and Others), by Application (Diagnostic and Research), by End User (Hospital and Clinics, COVID-19 Testing Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published In : Mar 2022

Code : CMI4980

Pages :198

Formats :

Excel and PDF

Industry : Biotechnology

Market Challenges And Opportunities

Restraints & Challenges:

Product recall

Global COVID-19 Sample Collection Kits Market: Restraint

Product recall for COVID-19 sample collection kits by market players or regulatory authorities is expected to hamper the growth of the global COVID-19 sample collection kits market. For instance, on April 17, 2020, the Washington State Department of Health had issued a notice for the University Of Washington School Of Medicine (UW Medicine) to stop using a batch of COVID-19 specimen collecting kits that were obtained and thought to have a quality control issue. As a result, the Department of Health issued a recall for about 12,000 kits distributed to local health jurisdictions, tribal nations, and state agency partners across the United States.

Increasing product approval by regulatory authorities is projected to propel the global COVID-19 sample collection kits market growth during the forecast period.

Key market players are focusing on receiving approval for products from regulatory authorities, which is expected to propel the market growth. For instance, on December 24, 2021, Roche, a healthcare company, had received Emergency Use Authorization (EUA) approval from the U.S. Food and Drug Administration (FDA) for COVID-19 Home Test. According to the company, the test kit produces accurate, reliable, and quick results in around 20 minutes for SARS-CoV-2 and all known variants of concern, including Omicron.

Key market players are focusing on launching new products which are used for COVID-19 sample collection, which is expected to drive the growth of the global COVID-19 sample collection kits market during the forecast period.

Major market players are focused on launching new products in the market for COVID-19 sample collection. For instance, on December 24, 2020, EKF Diagnostics, a manufacturing company of point-of-care and central lab devices and chemistry reagents launched PrimeStore MTM, a pathogenic sample collection and transportation kit. The kit enables the collection, transportation, and handling of pathogenic samples such as COVID-19 and influenza. The kit is ideal for home-use or on-site mass sample collection for COVID-19 sample collection. In addition, the company has decided to increase its manufacturing capacity in the U.K. and Europe due to increasing demand for sample collection kits.