COVID-19 SAMPLE COLLECTION KITS MARKET ANALYSIS

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

Covid-19 Sample Collection Kits MarketSize and Trends

The global COVID-19 sample collection kits market is estimated to be valued at US$ 12.0 billion in 2021 and expected to exhibit a CAGR of 4.1% during the forecast period (2021-2028).

Figure 1. Global COVID-19 Sample Collection Kits Market in Terms of Value (US$ Billion), By Region, 2021

Following the outbreak of the COVID-19 in December 2019, the disease has spread to over 100 countries and the World Health Organization (WHO) had declared it a public health emergency. Till January 2022, according to the WHO’s report, the manifestation of coronavirus (COVID-19) has resulted in more than 293 billion infected individuals globally.

Moreover, the surging cases of COVID-19 have prompted the need for rapid testing methods to distinguish COVID-19. Hence, medical services across the world are focusing on the diagnosis of COVID-19 by collecting samples from suspected individuals. For instance, on June 26, 2021, the Indian Council of Medical Research (ICMR) provided statistics on 400 million COVID-19 sample testing completed in India. Hence, the growing concern of new variants of COVID-19 is likely to propel the market growth over the forecast period.