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COVID-19 Diagnostics Market Size was Valued at over USD 13 Billion by 2020 – Arizton

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COVID-19 Diagnostics Market Size was Valued at over USD 13 Billion by 2020 – Arizton

January 12
19:53 2021

The global COVID-19 diagnostics market by revenue is expected to register a negative CAGR of (9%) during the period 2020–2026. 

 

As RT-PCR testing is considered exceptionally reliable, the segment constituted over 75% of the global COVID diagnostics market share. The market is witnessing an increasing uptake of PCR testing to deliver a reliable diagnosis in quick succession. Currently, the reverse transcription-polymerase chain reaction (RT-PCR Test) is a standard for diagnosing COVID-19. With the WHO recommending PCR testing as one of the reliable methods for COVID-19 test procedures, countries such as the US, Brazil, Russia, India, Germany, Italy, and Spain drive the demand for PCR kits the virus highly infects these regions. Antigen and antibody testing accounted for a small share of the global COVID-19 diagnostics market.

 

The following factors are likely to contribute to the growth of the COVID-19 diagnostics market during the forecast period:

  • Increased Demand for Mass Testing
  • Demand for Molecular Diagnostics due to Covid-19 Pandemic
  • Unavailability of Specific Medicines/ Vaccines

The study considers the present scenario of the COVID-19 diagnostics market and its market dynamics for the period 2020−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

 

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COVID-19 Diagnostics Market – Vendor Profiles

 

Prominent Vendors

  • Abbott
  • Siemens Healthineers
  • Hoffmann-La Roche
  • Thermo Fisher Scientific
  • Danaher
  • BD

 

Other Prominent Vendors

  • Abingdon Health
  • ACCESS BIO
  • Assure Tech. (Hangzhou)
  • Autobio Diagnostics
  • Advaite
  • Babson Diagnostics
  • Beijing Wantai Biological
  • Biomerica
  • bioMérieux
  • Biopanda Reagents
  • Biocerna
  • Biocan Diagnostics
  • BioMedomics
  • Clinical Reference Laboratory
  • Cellex
  • The Center for Chest Diseases and Prevention (CDC)
  • CTK Biotech
  • DiaSorin
  • Diazyme Laboratories
  • Erba Mannheim
  • Edinburgh Genetics
  • Eurofins Scientific
  • GenScript
  • Healgen Scientific
  • Hangzhou AllTest Biotech
  • Hangzhou Biotest Biotech
  • Jiangsu Well Biotech
  • Kabla Diagnostics
  • Luminex
  • Meridian Bioscience
  • Megna Health
  • Microgen
  • MP Biomedicals
  • Nova Tech Immunodiagnostica
  • NOWDiagnostics
  • Quotient
  • QIAGEN
  • Quidel
  • Sekisui Diagnostics
  • Sinocare
  • SureScreen Diagnostics
  • Salofy Oy
  • Shenzhen New Industries Biomedical Engineering (SNIBE)
  • Sysmex
  • SEASUN BIOMATERIALS
  • Vibrant America
  • Warrior Diagnostics
  • Xiamen Biotime Biotechnology
  • Zuhai Livzon Diagnostic

 

COVID-19 Diagnostics Market – Segmentation

 

COVID-19 Diagnostics Market by Product

  • Consumables
  • Analyzers/Instruments

COVID-19 Diagnostics Market by Test 

  • PCR
  • Antigen
  • Antibody

COVID-19 Diagnostics Market by Technology  

  • Molecular
  • Immunology

COVID-19 Diagnostics Market by End-user

  • Laboratories
  • Hospitals
  • Ambulatory Care Settings
  • Research Institutes 

COVID-19 Diagnostics Market by Geography 

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • APAC
    • China
    • Japan
    • South Korea
    • Australia
    • India
    • Indonesia
    • Philippines
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Peru
    • Colombia
    • Chile
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Turkey
    • Iran

 

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COVID-19 Diagnostics Market – Table of Contents

 

1              Research Methodology

2              Research Objectives

3              Research Process

 

4              Scope & Coverage

4.1          Market Definition

4.1.1      Inclusions

4.1.2      Exclusions

4.2          Base Year

4.3          Scope Of The Study

4.3.1      Market Segmentation by Geography

 

5              Report Assumptions & Caveats

5.1          Key Caveats

5.2          Currency Conversion

5.3          Market Derivation

 

6              Market at a Glance

7              Introduction

7.1          Overview

7.2          COVID-19 Impact on Global Supply Chain of COVID-19 Diagnostics

7.2.1      Overview

7.2.2      Bridging Supply-Demand Gap of COVID-19 Diagnostics

 

8              Market Opportunities & Trends

8.1          Increase In Demand For Mass Testing

8.2          Raise Of Second Wave Of Covid-19

8.3          High Demand For Molecular Diagnostics

 

9              Market Growth Enablers

9.1          Unavailability Of Specific Medicines/Vaccines

9.2          More Product Launches Combined With EUA

9.3          Widespread Practice Of Testng To Control COVID-19

 

10           Market Restraints

10.1        Challenges In Testing Covid-19 In Developing Countries

10.2        Preventive Measures And  Fastrack Of Vaccine Development

10.3        Increase In Proportion Of False Positive And Negative Tests

 

11           Market Landscape

11.1        Market Overview

11.2        Market Size & Forecast

11.2.1    Product

11.2.2    Test

11.2.3    Technology

11.2.4    End-User

11.2.5    Geography

11.3        Five Forces Analysis

11.3.1    Threat of New Entrants

11.3.2    Bargaining Power of Suppliers

11.3.3    Bargaining Power of Buyers

11.3.4    Threat of Substitutes

11.3.5    Competitive Rivalry

 

12           Product

12.1        Market Snapshot & Growth Engine

12.2        Market Overview

12.3        Consumables

12.3.1    Market Overview

12.3.2    Market Size & Forecast

12.3.3    Consumables: Segmentation By Geography

12.4        Analyzers & Software

12.4.1    Market Overview

12.4.2    Market Size & Forecast

12.4.3    Analyzers: Segmentation By Geography

 

13           Test

13.1        Market Snapshot & Growth Engine

13.2        Market Overview

13.3        PCR

13.3.1    Market Overview

13.3.2    Market Size & Forecast

13.3.3    PCR: Segmentation By Geography

13.4        Antigen Test

13.4.1    Market Overview

13.4.2    Market Size & Forecast

13.4.3    Antigen Test: Segmentation By Geography

13.5        Antibody Testing

13.5.1    Market Overview

13.5.2    Market Size & Forecast

13.5.3    Antibody Testing: Segmentation By Geography

 

14           Technology

14.1        Market Snapshot & Growth Engine

14.2        Market Overview

14.3        Molecular

14.3.1    Market Overview

14.3.2    Market Size & Forecast

14.3.3    Molecular Diagnostics: Segmentation By Geography

14.4        Immunoassay

14.4.1    Market Overview

14.4.2    Market Size & Forecast

14.4.3    Immuno Diagnostics: Segmentation By Geography

 

15           End-User

15.1        Market Snapshot & Growth Engine

15.2        Market Overview

15.3        Diagnostic Laboratories

15.3.1    Market Overview

15.3.2    Market Size & Forecast

15.4        Hospitals

15.4.1    Market Overview

15.4.2    Market Size & Forecast

15.5        Ambulatory Care Settings

15.5.1    Market Overview

15.5.2    Market Size & Forecast

15.6        Research Institutes

15.6.1    Market Overview

15.6.2    Market Size & Forecast

 

16           Geography

16.1        Market Snapshot & Growth Engine

16.2        Geographic Overview

 

17           APAC

17.1        Market Overview

17.2        Market Size & Forecast

17.3        Key Countries

17.3.1    China: Market Size & Forecast

17.3.2    India: Market Size & Forecast

17.3.3    Japan: Market Size & Forecast

17.3.4    South Korea: Market Size & Forecast

17.3.5    Australia: Market Size & Forecast

17.3.6    Indonesia: Market Size & Forecast

17.3.7    Philippines: Market Size & Forecast

 

18           North America

18.1        Market Overview

18.2        Market Size & Forecast

18.3        Key Countries

18.3.1    US: Market Size & Forecast

18.3.2    Canada: Market Size & Forecast

 

19           Europe

19.1        Market Overview

19.2        Market Size & Forecast

19.3        Key Countries

19.3.1    Russia: Market Size & Forecast

19.3.2    UK: Market Size & Forecast

19.3.3    Germany: Market Size & Forecast

19.3.4    Spain: Market Size & Forecast

19.3.5    France: Market Size & Forecast

19.3.6    Italy: Market Size & Forecast

 

20           Middle East And Africa

20.1        Market Overview

20.2        Market Size & Forecast

20.3        Key Countries

20.3.1    Turkey: Market Size & Forecast

20.3.2    Saudi Arabia: Market Size & Forecast

20.3.3    South Africa: Market Size & Forecast

20.3.4    Iran: Market Size & Forecast

 

21           Latin America

21.1        Market Overview

21.2        Market Size & Forecast

21.3        Key Countries

21.3.1    Brazil: Market Size & Forecast

21.3.2    Peru: Market Size & Forecast

21.3.3    Columbia: Market Size & Forecast

21.3.4    Chile: Market Size & Forecast

21.3.5    Mexico: Market Size & Forecast

21.3.6    Argentina: Market Size & Forecast

 

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: [email protected]
Call: +1-312-235-2040/+1 302 469 0707

Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email: Send Email
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/covid-19-diagnostics-market-size-analysis


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