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COVID-19 Detection Test Kits & Consumables Global Market Report 2020-30: COVID-19 Implications and Growth

  • ID: 5129282
  • Report
  • July 2020
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Abbott Laboratories
  • BGI
  • bioMerieux SA
  • F. Hoffmann-La Roche
  • Hangzhou Biotest Biotech
  • Quidel Corporation
COVID-19 Detection Test Kits & Consumables Global Market Report 2020-30: COVID-19 Implications and Growth provides the strategists, marketers and senior management with the critical information they need to assess the global COVID-19 detection test kits & consumables market.

This report focuses on COVID-19 detection test kits & consumables market which is experiencing strong growth. The report gives a guide to the COVID-19 detection test kits & consumables market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the COVID-19 detection test kits & consumables market ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The COVID-19 Detection Test Kits & Consumables market global answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider COVID-19 detection test kits & consumables market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The COVID-19 detection test kits & consumables market section of the report gives context. It compares the COVID-19 detection test kits & consumables market with other segments of the COVID-19 detection test kits & consumables market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, COVID-19 detection test kits & consumables market indicators comparison.

Scope

Markets Covered:
1) By Kits: Viral load testing kits (qPCR and RT-PCR); Virus neutralizing assay kits; Antibody detection kits (ELISA); Viral antigen detection test kits; Others
2) By Consumables: Swabs; Tubes; Viral transfer media; Reagents; Other consumables
3) By Specimen Type: Nose & Throat Swab; Blood; Sputum; Nasal Aspirate
4) By End Use: Hospitals; clinics; Public Health Labs; Private and commercial labs; Physicians labs; Research institutes; others

Companies Mentioned: Cepheid; BGI; Abbott Laboratories; BioFire Diagnostics; F. Hoffmann-La Roche

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abbott Laboratories
  • BGI
  • bioMerieux SA
  • F. Hoffmann-La Roche
  • Hangzhou Biotest Biotech
  • Quidel Corporation

1. Executive Summary2. COVID19 Detection Test Kits & Consumables Market Characteristics
3. COVID19 Detection Test Kits & Consumables Market Size And Growth
3.1. Global COVID19 Detection Test Kits & Consumables Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global COVID19 Detection Test Kits & Consumables Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. COVID19 Detection Test Kits & Consumables Market Segmentation
4.1. Global COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Viral load testing kits (qPCR and RT-PCR)
  • Virus neutralizing assay kits
  • Antibody detection kits (ELISA)
  • Viral antigen detection test kits
  • Others
4.2. Global COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Swabs
  • Tubes
  • Viral transfer media
  • Reagents
  • Other consumables
4.3. Global COVID19 Detection Test Kits & Consumables Market, Segmentation By Specimen Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Nose & Throat Swab
  • Blood
  • Sputum
  • Nasal Aspirate
4.4. Global COVID19 Detection Test Kits & Consumables Market, Segmentation By End Use, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Hospitals
  • clinics
  • Public Health Labs
  • Private and commercial labs
  • Physicians labs
  • Research institutes
  • others

5. COVID19 Detection Test Kits & Consumables Market Regional And Country Analysis
5.1. Global COVID19 Detection Test Kits & Consumables Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global COVID19 Detection Test Kits & Consumables Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific COVID19 Detection Test Kits & Consumables Market
6.1. Asia-Pacific COVID19 Detection Test Kits & Consumables Market Overview
6.2. Asia-Pacific COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6.3. Asia-Pacific COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
7. China COVID19 Detection Test Kits & Consumables Market
7.1. China COVID19 Detection Test Kits & Consumables Market Overview
7.2. China COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion
7.3. China COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion
8. India COVID19 Detection Test Kits & Consumables Market
8.1. India COVID19 Detection Test Kits & Consumables Market Overview
8.2. India COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
8.3. India COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
9. Japan COVID19 Detection Test Kits & Consumables Market
9.1. Japan COVID19 Detection Test Kits & Consumables Market Overview
9.2. Japan COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
9.3. Japan COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
10. Australia COVID19 Detection Test Kits & Consumables Market
10.1. Australia COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
10.2. Australia COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11. Indonesia COVID19 Detection Test Kits & Consumables Market
11.1. Indonesia COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11.2. Indonesia COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
12. South Korea COVID19 Detection Test Kits & Consumables Market
12.1. South Korea COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
12.2. South Korea COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
13. Western Europe COVID19 Detection Test Kits & Consumables Market
13.1. Western Europe COVID19 Detection Test Kits & Consumables Market Overview
13.2. Western Europe COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
13.3. Western Europe COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
14. UK COVID19 Detection Test Kits & Consumables Market
14.1. UK COVID19 Detection Test Kits & Consumables Market Overview
14.2. UK COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
14.3. UK COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
15. Germany COVID19 Detection Test Kits & Consumables Market
15.1. Germany COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
15.2. Germany COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
16. France COVID19 Detection Test Kits & Consumables Market
16.4. France COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
16.5. France COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
17. Eastern Europe COVID19 Detection Test Kits & Consumables Market
17.1. Eastern Europe COVID19 Detection Test Kits & Consumables Market Overview
17.2. Eastern Europe COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
17.3. Eastern Europe COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
18. Russia COVID19 Detection Test Kits & Consumables Market
18.1. Russia COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
18.2. Russia COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
19. North America COVID19 Detection Test Kits & Consumables Market
19.1. North America COVID19 Detection Test Kits & Consumables Market Overview
19.2. North America COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
19.3. North America COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
20. USA COVID19 Detection Test Kits & Consumables Market
20.1. USA COVID19 Detection Test Kits & Consumables Market Overview
20.2. USA COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
20.3. USA COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
21. South America COVID19 Detection Test Kits & Consumables Market
21.1. South America COVID19 Detection Test Kits & Consumables Market Overview
21.2. South America COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
21.3. South America COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
22. Brazil COVID19 Detection Test Kits & Consumables Market
22.1. Brazil COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
22.2. Brazil COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
23. Middle East COVID19 Detection Test Kits & Consumables Market
23.1. Middle East COVID19 Detection Test Kits & Consumables Market Overview
23.2. Middle East COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
23.3. Middle East COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
24. Africa COVID19 Detection Test Kits & Consumables Market
24.1. Africa COVID19 Detection Test Kits & Consumables Market Overview
24.2. Africa COVID19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
24.3. Africa COVID19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
25. COVID19 Detection Test Kits & Consumables Market Competitive Landscape And Company Profiles
25.1. COVID19 Detection Test Kits & Consumables Market Competitive Landscape
25.2. COVID19 Detection Test Kits & Consumables Market Company Profiles
25.2.1. Cepheid
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. BGI
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Abbott Laboratories
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. BioFire Diagnostics
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. F. Hoffmann-La Roche
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The COVID19 Detection Test Kits & Consumables Market27. COVID19 Detection Test Kits & Consumables Market Trends And Strategies28. COVID19 Detection Test Kits & Consumables Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abbott Laboratories
  • BGI
  • bioMerieux SA
  • F. Hoffmann-La Roche
  • Hangzhou Biotest Biotech
  • Quidel Corporation
Major players in the COVID-19 detection test kits & consumables market are Cepheid, BGI, Abbott Laboratories, BioFire Diagnostics, F. Hoffmann-La Roche, GenMark Diagnostics, Mylab Discovery Solutions, Qiagen, Quidel Corporation, and Randox Laboratories.

The global COVID-19 detection kits and consumables market is expected to reach $5.2 billion by the end of 2020 and reach $6.1 billion by 2021 at a compound annual growth rate (CAGR) of 17.3%. The growth is mainly attributed to the COVID-19 outbreak and the urgent need to diagnose and treat the growing number of cases. The growth was significant in the first quarter, however, has slightly declined from the end of April 2020 due to the restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. Slowdowns in even one large industrial component can have a domino effect throughout the country. The entire supply chain from production to international trade has been impacted. The current demand has outpaced supply. The market is then expected to stabilize and reach $6.8 billion in 2023 at CAGR 9.61%.

The market for COVID-19 detection test kits & consumables consists of sales of detection test kits and consumables used for the identification of novel coronavirus (SARS-CoV-2). The market consists of revenue generated by the companies that are manufacturing detection test kits and consumables by the sales of these products.

North America is anticipated to be the largest region in the COVID-19 detection test kits and consumables market by the end of 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period.

In April 2020, Co-Diagnostics, a molecular diagnostics company has signed an agreement with Promega for additional manufacturing capacity for the urgent production of its Logix Smart COVID-19 test. Promega will support Co-Diagnostics with its innovative solutions and technical support by providing test kits of its new Logix Smart COVID-19 test to meet the demand during the pandemic. Logix Smart COVID-19 test uses the Co-Primer technology of Co-Diagnostics to target the RdRp gene of the SARS-CoV-2 virus that causes the disease. The test is currently available to all clinical laboratories certified under Clinical Laboratory Improvement Amendments. Promega Corporation will begin supplying complete test kits for further distribution by Co-Diagnostics. The enhanced partnership enables Co-Diagnostics to reach additional testing facilities while leaning on Promega Corporation’s extensive manufacturing capabilities and increased capacity.

The market for COVID-19 detection test kits & consumables market covered in this report is segmented by kits into viral load testing kits (qPCR and rt-PCR); virus-neutralizing assay kits; antibody detection kits (ELISA); viral antigen detection test kits; others. It is also segmented by consumables into swabs; tubes; viral transfer media; reagents; other consumables, by specimen type into nose & throat swab; blood; sputum; nasal aspirate and by end-use into hospitals; clinics; public health labs; private and commercial labs; physicians labs; research institutes; others.

Huge demand to increase the capacity combined with a shortage of raw materials used in equipment and a reduced supply of particular reagents and consumables is expected to limit the growth of COVID-19 detection test kits and consumables market. The pandemic outbreak resulted in lockdown all over the world which has brought shortages of raw materials and halted supply chain of the particular reagents and consumables for the manufacturing companies as the countries depend on each other for it. For instance, Mpilo lab, the COVID-19 testing laboratory in Bulawayo has stopped conducting tests due to a critical shortage of consumables. Shortages of raw materials due to the disruption in the supply chain coupled with the high pressure to increase the production capacity to meet the demand is likely to harm the profit margins of COVID-19 detection test kits and consumables market.

CRISPR, a new diagnostic test for COVID-19 is based on CRISPR technology and can run on nasal swabs. CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) based technologies are genomic editing technologies used for the exact detection of COVID-19 cases in an hour's time. The US FDA has granted Sherlock Biosciences an emergency use authorization (EUA) for the CRISPR test. The Sherlock Biosciences' CRISPR, therefore becomes the first FDA-authorized CRISPR technology on the market. Mammoth Biosciences is another company that is extensively working on this technology.

The escalating demand for cost-effective and quick COVID-19 detection kits coupled with the easing of regulatory processes for COVID-19 detection kits contributed to the growth of COVID-19 detection kits and consumables market. With the increasing incidence of COVID-19 (SARS-CoV-2) worldwide, the outbreak was declared as Public Health Emergency of International Concern (PHEIC) by WHO. The WHO called for research on point of care diagnostics such as Rapid Diagnostic Tests (RTDs), which are small, simple stand-alone tests for use at the community level, and that can be carried out at the site of triage and outside the hospital, by minimally trained staff, round the clock and on single samples, providing test results within 15 minutes. In the support of the research, regulatory bodies such as US FDA have eased COVID-19 detection kits regulatory approval process allowing manufacturers to introduce COVID-19 detection kits in the market on a fast- track basis. Therefore, with the growing number of cases globally and the immense need for rapid diagnosis, the demand for cost-effective and quick COVID-19 detection kits is growing. This factor coupled with ease of the regulatory process for COVID-19 detection kits is driving the market.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Cepheid
  • BGI
  • Abbott Laboratories
  • BioFire Diagnostics
  • F. Hoffmann-La Roche
  • GenMark Diagnostics
  • Mylab Discovery Solutions
  • Qiagen
  • Quidel Corporation
  • Randox Laboratories
  • SD Biosensor
  • Seegene
  • Shenzhen Bioeasy Biotechnology
  • Thermo Fisher Scientific.
  • BioMednomics
  • Getein Biotech
  • Sensing Self Ltd
  • Hangzhou Biotest Biotech
  • AmonMed Biotechnology Co
  • Beijing Tigsun Diagnostics Co Ltd
  • Biomaxima
  • CTK Biotech
  • Hunan Lituo Biotechnology Co
  • Vivacheck Lab
  • MD Solutions
  • FastSense Diagnostics
  • Altona Diagnostics
  • Siemens
  • Agilent Technologies Inc
  • bioMerieux SA
  • Bio-Rad Laboratories
Note: Product cover images may vary from those shown

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