United States coronavirus testing kits market
are anticipated to show a robust growth in the upcoming five years, 2022-2026.
The market growth is projected to grow with an impressive CAGR owing to the
attributes like increasing instances of COVID-19 virus in the country as well
as all around the world. Moreover, the coronavirus testing kits are also
beneficial for the testing of the other infectious diseases. Thus, increasing
instances of the infectious diseases in the country is also driving the growth
of the United States coronavirus testing kit market in the upcoming five years.
Moreover, the surge in demand is also experienced due to early diagnostic
requests as well as the increased concerns of the death rate the virus and
other infectious disease causes. In the recent outbreak of COVID-19, almost 587
thousand deaths are already caused since March 2020.
Coronavirus Testing Kits often contains
a sample collection material, testing serum (in case of molecular tests), and
protective gears for the technicians. The ongoing novel coronavirus disease
(COVID-19) is caused due to SARS-COV-2 and generally spreads from animals to
humans and then from humans to humans. The disease has an efficiency of
spreading into a pandemic. It was first discovered in December 2019 in the
Wuhan City, China and by March 2020 it was declared to be a pandemic due its
widespread by the World Health Organization, WHO.
The United States coronavirus testing
kits market is segmented by type of test, use, full test time, technology,
specimen type, mobility, end user, company and region. Based on type of test,
the market is further bifurcated into molecular and serological testing.
Molecular testing kits are anticipated to hold the larger share of the market
owing to the early diagnostic advantage the kit provides for the samples. Although
serological testing kits are also anticipated to hold the significant hold of
the market shares owing to the requirement of the plasma for the treatment of
the diseases. Molecular testing includes tests like RT-PCR which is a molecular
based testing procedure that uses samples like nasopharyngeal specimen, and oropharyngeal
specimen. These testing kits separates the viral genetic material to identify
the infection. Whereas serological testing kits includes laboratory procedures
to isolate antigens and antibodies present in the blood samples.
Holding the largest market revenue
shares are a partial list of market players that includes Roche Diagnostics
Corporation, Abbott Laboratories, Inc., Becton, Dickinson, and Company, Siemens
Medical Solutions USA, Inc., Thermo Fischer Scientific, Inc., Danaher
Corporation, Bio-Rad Laboratories, Ltd., Ortho-Clinical Diagnostics, Inc., PerkinElmer
Inc., Qiagen Inc., among others. The market players have rapidly increased the
production and distribution to satisfy the consumer demand. Moreover, research
and development of the advanced kits that may provide faster and easier ways to
test for the infectious disease and help categorize the infection level is being
progressed. Other strategic recommendation includes partnerships between the
market players and the research labs dedicated for the development.
Years considered for this report:
Historical Years: 2016 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2026
Objective of the Study:
- To
analyze the historical growth in the
market size of United States Coronavirus Testing Kits market from 2016 to
2020.
- To
estimate and forecast the market size of United States Coronavirus Testing
Kits market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast United States Coronavirus Testing Kits
market based on type of test, use, full test time, technology, specimen
type, mobility, end user, regional distribution, and competitional
landscape.
- To identify dominant region or segment in the United States Coronavirus
Testing Kits market.
- To
identify drivers and challenges for United States Coronavirus Testing Kits
market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in United States Coronavirus Testing
Kits market.
- To identify and analyze the profile
of leading players operating in United States Coronavirus Testing Kits market.
- To identify key sustainable strategies adopted by market players in
United States Coronavirus Testing Kits market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and service providers across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of United States Coronavirus Testing Kits market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key
Target Audience:
- Manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to Coronavirus Testing
Kits products
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
Report Scope:
In this report, United States Coronavirus Testing Kits market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- United States Coronavirus
Testing Kits Market, By Type of Test:
- United States Coronavirus
Testing Kits Market, By Use:
- Multiple Test
- Single Test
- United States Coronavirus
Testing Kits Market, By Care:
- Curative Care
- Long-Term Care
- Rehabilitative Care
- United States Coronavirus
Testing Kits Market, By Full Test Time:
- 5 Hours-12 Hours
- 1 Hours-5 Hours
- 15-60 Minutes
- Less than 15 Minutes
- 12 Hours-24 Hours
- More Than 1 Day
- United States Coronavirus Testing
Kits Market, By Technology:
o RT-PCR
o Rapid Diagnostic Test
- United States Coronavirus Testing
Kits Market, By Specimen Type:
- Nasopharyngeal Specimen
- Oropharyngeal Specimen
- Blood
- Sputum
- Others
- United States Coronavirus Testing
Kits Market, By Mobility:
- United States Coronavirus Testing
Kits Market, By End User:
- Public Health Labs
- Hospitals
- Private or Commercial Laboratories
- Others
- United States Coronavirus Testing
Kits Market, By Region:
- South West
- Mid-West
- North East
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United States Coronavirus Testing Kits market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
United States Coronavirus
Testing Kits Market is an upcoming report to be released soon. If you wish an
early delivery of this report or want to confirm the date of release, please
contact us at [email protected]