Global COVID-19 Detection Test Kits And Consumables Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global COVID-19 Detection Test Kits and Consumables Market Report by The Business Research Company covers COVID-19 detection test kits and consumables market drivers and restraints, COVID-19 detection test kits and consumables market size, major players, and the impact of COVID-19 on the COVID-19 detection test kits and consumables market.
The market for COVID-19 detection test kits and consumables consists of sales of detection test kits and consumables used for the identification of novel coronavirus (SARS-CoV-2). The market consists of revenue generated by the companies that are manufacturing detection test kits and consumables by the sales of these products.
The escalating demand for cost-effective and quick COVID-19 detection kits coupled with the easing of regulatory processes for COVID-19 detection kits contributed to the growth of COVID-19 detection kits and consumables market.
The global COVID-19 detection test kits and consumables market is expected to grow from $5.2 billion in 2020 to $6.1 billion in 2021 at a compound annual growth rate (CAGR) of 17.3%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The COVID-19 detection test kits and consumables market is expected to reach $8.02 billion in 2025 at a CAGR of 7%.
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Some COVID-19 detection test kits and consumables market trends include CRISPR, a new diagnostic test for COVID-19 is based on CRISPR technology and can run on nasal swabs. CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) based technologies are genomic editing technologies used for the exact detection of COVID-19 cases in an hour`s time.
Global COVID-19 detection test kits and consumables market segments include:
1) By Kits: Viral Load Testing Kits (qPCR and RT-PCR), Virus Neutralizing Assay Kits, Antibody Detection Kits (Elisa), Viral Antigen Detection Test Kits, Others.
2) By Consumables: Swabs, Tubes, Viral Transfer Media, Reagents, Other Consumables.
3) By Specimen Type: Nose and Throat Swab, Blood, Sputum, Nasal Aspirate.
4) By End Use: Hospitals, Clinics, Public Health Labs, Private And Commercial Labs, Physicians Labs, Research Institutes, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The COVID-19 Detection Test Kits and Consumables Global Market Report 2021: COVID-19 Implications And Growth To 2030 is one of a series of new reports from The Business Research Company that provides COVID-19 detection test kits and consumables market overviews, analyzes and forecasts market size, share, COVID-19 detection test kits and consumables market players, COVID-19 detection test kits and consumables market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The COVID-19 detection test kits and consumables market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read COVID-19 Detection Test Kits and Consumables Global Market Report 2021: COVID-19 Implications And Growth To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Cepheid, BGI, Abbott Laboratories, BioFire Diagnostics, F. Hoffmann-La Roche, GenMark Diagnostics, Mylab Discovery Solutions, Qiagen, Quidel Corporation, Randox Laboratories, SD Biosensor, Seegene, Shenzhen Bioeasy Biotechnology.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The COVID-19 Detection Test Kits And Consumables Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The COVID-19 Detection Test Kits And Consumables Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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