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.
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
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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