NEW YORK, Oct. 11, 2022 /PRNewswire/ -- Technavio has been monitoring the test kits market for coronavirus testing market and it is expected to decrease by USD -13.39 bn during 2021-2026, decelerating at a CAGR of -4.57% during the forecast period.
The increasing spread of COVID-19 globally, increasing screening of passengers in airports, and government regulations for healthcare service providers will offer immense growth opportunities. However, poor healthcare settings in developing countries, inaccuracy associated with rapid diagnostic tests, and threats associated with counterfeit testing kits will challenge the growth of the market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Free Sample Report.
- End-user
- Government
- Non-government
- Geography
- Europe
- Asia
- North America
- Rest Of World (ROW)
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our test kits market for coronavirus testing market report covers the following areas:
- Test Kits Market for Corona Virus Testing Market size
- Test Kits Market for Corona Virus Testing Market trends
- Test Kits Market for Corona Virus Testing Market industry analysis
This study identifies Increasing initiatives from start-ups as one of the prime reasons driving the test kits market for coronavirus testing market growth during the next few years. Buy Sample Report.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Abbott Laboratories
- Advaite Inc.
- Beijing Innotec Biotechnology Co. Ltd.
- BGI Group
- Bio Rad Laboratories Inc.
- Biomedomics Inc.
- bioMerieux SA
- Cellex Inc.
- Chembio Diagnostics Inc.
- Danaher Corp.
- Dynamiker Biotechnology Tianjin Co. Ltd.
- F. Hoffmann La Roche Ltd.
To find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.
- CAGR of the market during the forecast period
- Detailed information on factors that will assist the test kits market for coronavirus testing market growth during the next five years
- Estimation of the test kits market for coronavirus testing market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the test kits market for the coronavirus testing market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of the test kits market for coronavirus testing market vendors
Intermittent Catheters Market by Product and Geography - Forecast and Analysis 2022-2026
Surgical Clips Market Research Growth by End-user and Geography - Forecast and Analysis - 2022-2026
Test Kits Market For Corona Virus Testing Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of -4.57% |
Market growth 2022-2026 |
$-13.39 billion |
Market structure |
Fragmented |
YoY growth (%) |
25.0 |
Regional analysis |
Europe, Asia, North America, and Rest of World (ROW) |
Performing market contribution |
Rest of World (ROW) at 10% |
Key consumer countries |
US, UK, Spain, Russia, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Abbott Laboratories, Advaite Inc., Beijing Innotec Biotechnology Co. Ltd., BGI Group, Bio Rad Laboratories Inc., Biomedomics Inc., bioMerieux SA, Cellex Inc., Chembio Diagnostics Inc., Danaher Corp., Dynamiker Biotechnology Tianjin Co. Ltd., F. Hoffmann La Roche Ltd., Henry Schein Inc., Mayo Medical Laboratories, Mylab Discovery Solutions Pvt Ltd., Ortho Clinical Diagnostics plc, QIAGEN NV, Robert Bosch GmbH, Safecare Biotech Hangzhou Co. Ltd, Siemens AG, and Thermo Fisher Scientific Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Government - Market size and forecast 2021-2026
- Exhibit 28: Chart on Government - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Government - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Government - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Government - Year-over-year growth 2021-2026 (%)
- 5.4 Non-government - Market size and forecast 2021-2026
- Exhibit 32: Chart on Non-government - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Non-government - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Non-government - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Non-government - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by End-user
- Exhibit 36: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 Europe - Market size and forecast 2021-2026
- Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.4 Asia - Market size and forecast 2021-2026
- Exhibit 46: Chart on Asia - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Asia - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Asia - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
- Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
- 7.7 US - Market size and forecast 2021-2026
- Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.8 India - Market size and forecast 2021-2026
- Exhibit 62: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.9 UK - Market size and forecast 2021-2026
- Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.10 Spain - Market size and forecast 2021-2026
- Exhibit 70: Chart on Spain - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Spain - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Spain - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Spain - Year-over-year growth 2021-2026 (%)
- 7.11 Russia - Market size and forecast 2021-2026
- Exhibit 74: Chart on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Russia - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Russia - Year-over-year growth 2021-2026 (%)
- 7.12 Market opportunity by geography
- Exhibit 78: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 79: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 81: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 82: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 83: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 84: Matrix on vendor position and classification
- 10.3 Abbott Laboratories
- Exhibit 85: Abbott Laboratories - Overview
- Exhibit 86: Abbott Laboratories - Business segments
- Exhibit 87: Abbott Laboratories - Key news
- Exhibit 88: Abbott Laboratories - Key offerings
- Exhibit 89: Abbott Laboratories - Segment focus
- 10.4 BGI Group
- Exhibit 90: BGI Group - Overview
- Exhibit 91: BGI Group - Product / Service
- Exhibit 92: BGI Group - Key offerings
- 10.5 Bio Rad Laboratories Inc.
- Exhibit 93: Bio Rad Laboratories Inc. - Overview
- Exhibit 94: Bio Rad Laboratories Inc. - Business segments
- Exhibit 95: Bio Rad Laboratories Inc. - Key news
- Exhibit 96: Bio Rad Laboratories Inc. - Key offerings
- Exhibit 97: Bio Rad Laboratories Inc. - Segment focus
- 10.6 bioMerieux SA
- Exhibit 98: bioMerieux SA - Overview
- Exhibit 99: bioMerieux SA - Product / Service
- Exhibit 100: bioMerieux SA - Key offerings
- 10.7 Danaher Corp.
- Exhibit 101: Danaher Corp. - Overview
- Exhibit 102: Danaher Corp. - Business segments
- Exhibit 103: Danaher Corp. - Key news
- Exhibit 104: Danaher Corp. - Key offerings
- Exhibit 105: Danaher Corp. - Segment focus
- 10.8 F. Hoffmann La Roche Ltd.
- Exhibit 106: F. Hoffmann La Roche Ltd. - Overview
- Exhibit 107: F. Hoffmann La Roche Ltd. - Business segments
- Exhibit 108: F. Hoffmann La Roche Ltd. - Key news
- Exhibit 109: F. Hoffmann La Roche Ltd. - Key offerings
- Exhibit 110: F. Hoffmann La Roche Ltd. - Segment focus
- 10.9 Ortho Clinical Diagnostics plc
- Exhibit 111: Ortho Clinical Diagnostics plc - Overview
- Exhibit 112: Ortho Clinical Diagnostics plc - Business segments
- Exhibit 113: Ortho Clinical Diagnostics plc - Key offerings
- Exhibit 114: Ortho Clinical Diagnostics plc - Segment focus
- 10.10 Robert Bosch GmbH
- Exhibit 115: Robert Bosch GmbH - Overview
- Exhibit 116: Robert Bosch GmbH - Business segments
- Exhibit 117: Robert Bosch GmbH - Key news
- Exhibit 118: Robert Bosch GmbH - Key offerings
- Exhibit 119: Robert Bosch GmbH - Segment focus
- 10.11 Siemens AG
- Exhibit 120: Siemens AG - Overview
- Exhibit 121: Siemens AG - Business segments
- Exhibit 122: Siemens AG - Key news
- Exhibit 123: Siemens AG - Key offerings
- Exhibit 124: Siemens AG - Segment focus
- 10.12 Thermo Fisher Scientific Inc.
- Exhibit 125: Thermo Fisher Scientific Inc. - Overview
- Exhibit 126: Thermo Fisher Scientific Inc. - Business segments
- Exhibit 127: Thermo Fisher Scientific Inc. - Key news
- Exhibit 128: Thermo Fisher Scientific Inc. - Key offerings
- Exhibit 129: Thermo Fisher Scientific Inc. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 130: Inclusions checklist
- Exhibit 131: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 132: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 133: Research methodology
- Exhibit 134: Validation techniques employed for market sizing
- Exhibit 135: Information sources
- 11.5 List of abbreviations
- Exhibit 136: List of abbreviations
- generated by emerging segments in healthcare: Growing adoption of healthcare supplies for home-based healthcare, home medical devices, and other advanced application areas such as robotic surgery will aid in the growth of this market.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article