Article -> Article Details
| Title | COVID Testing Kit Market 2022 Share, Size, Trend, Market Analysis and Forecast to 2030 |
|---|---|
| Category | Fitness Health --> Health Articles |
| Meta Keywords | COVID Testing Kit Market, COVID Testing Kit Market Size, COVID Testing Kit Market Industry, COVID Testing Kit Market Research, COVID Testing Kit Market Analysis |
| Owner | Vaibhav |
| Description | |
|
COVID
Testing Kit Market size is expected to reach USD 122.82
Billion by 2030 at a CAGR of 7.20% during the forecast period 2022-2030, The COVID
testing kits market has witnessed massive growth in recent times. The market
growth is being driven by the developments & support by non-medical
device/diagnostic companies, increasing number of emergency use authorizations
for diagnostic kits & devices, government & private funds, support for
research & development, and a rising number of COVID-19 cases. However, the
market growth is anticipated to be restricted by the accuracy of tests and
restrictions on the export of diagnostic kits. Major Key Players: MRFR
recognizes the COVID Testing Kit Market
Players are — Abbott (US), BioMérieux SA (France), Bio-Rad Laboratories,
Inc. (US), Chembio Diagnostic Systems, Inc. (US), Danaher Corporation (US), F.
Hoffmann-La Roche Ltd (Switzerland), GenMark (US), Henry Schein, Inc. (US),
Thermo Fisher Scientific Inc. (US), Qiagen (Germany), Siemens AG (Germany),
Guangzhou Wondfo Biotech (China), Robert Bosch GmbH (Germany), Cellex (US),
Mayo Clinic Laboratories (US), Mount Sinai Laboratory (US), Zhejiang Orient
Gene Biotech Co., Ltd. (China), Dynamiker Biotechnology (Tianjin) Co., Ltd
(China), Biomedomics Inc. (US), Safecare Biotech (Hangzhou) Co., Ltd (China),
Ortho Clinical Diagnostics (US), Innovita Biological Technology Co., Ltd
(China), Guangdong Hecin Scientific, Inc. (China), Advaite, Inc. (US), Mylab
Discovery Solutions Pvt. Ltd (India), BGI Group (China), and others. Segment Analysis Based on type:
The rapid test kit and Rt Pcr are the sub-segments of the Covid testing kit
under the segment of type. Rapid test kits hold the maximum share in the Covid
testing kit market as compared to Rt Pcr. Based on
application: Based on application, the Covid testing kit market has been
sub-segmented into hospitals, clinics and others. The hospital holds the
largest share in the Covid testing kit market because of its advanced
diagnostic technologies and facilities. Based on the
region: The Covid testing kit market has been sub-segmented based on region
into- Asia-Pacific, Middle East, Europe, America and Africa. Regional Analysis Global COVID Testing Kit Market,
based on region, has been divided into Europe, the Americas, Asia-Pacific, and
Middle East & Africa. The European market for the COVID
testing kit market, by country, been divided into Russia, Germany, Spain,
Italy, the UK, France, and the Rest of Europe. Europe accounted for the largest
market share in the global COVID testing kit market The Americas COVID testing kit
market has been divided, by country, into North America and Latin America. The
North American COVID testing kit market has been further divided into the US
and Canada, whereas the Latin American COVID testing kit market is
sub-segmented into Brazil, Argentina, Mexico, Colombia, and the rest of Latin
America. Regulatory bodies such as the Food and Drugs Administration (FDA) have
given emergency use authorizations (EUA) for various diagnostics kits and
devices to manage the shortage of diagnostic devices. For instance, in March
2020, the US FDA issued a EUA for a molecular point of care test kit by Abbott
for the rapid detection of COVID-19. The Asia-Pacific market for the
COVID testing kit market has been further divided into India, Australia, South
Korea, Japan, China, Malaysia, Thailand, Vietnam, Indonesia, Philippines,
Taiwan, and Rest of Asia-Pacific. The Middle East & Africa
COVID testing kit market has been bifurcated into the Middle East and Africa.
The Middle Eastern market for the COVID testing kit has been further divided
into Turkey, the United Arab Emirates, Saudi Arabia, and the Rest of the Middle
East. Rising cases in the UAE, Saudi Arabia, and other countries are set to
push the demand for diagnostic kits. For instance, as on 8th June 2020, the
total cases in Saudi Arabia were 105,283. About Market Research
Future At Market Research Future (MRFR), we enable our
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