Published Date: 28-Feb-2022
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According to a new report Global Virology Specimen Collection Market, published by KBV research, The Global Virology Specimen Collection Market size is expected to reach $5.6 billion by 2027, rising at a market growth of 0.2% CAGR during the forecast period.
The Nasopharyngeal Samples market is generating high revenue in the Global Virology Specimen Collection Market by Sample 2020, thereby, achieving a market value of $1.7 billion by 2027. The growth of this segment is due to the outburst of the COVID-19 pandemic. During the pandemic, the sample was being collected by labs with the purpose of identifying the prevalence of the novel coronavirus in the body of the patient. During the COVID-19 diffusion, a majority of laboratories were conducting COVID tests by applying the nasopharyngeal samples method.
The Specimen Collection Tubes market shows highest growth rate of 1% during (2021 - 2027). The rising growth of this segment is attributed to its function of offering an accurate and precise identification of the blood sample that is being carried in the container. Additionally, it also eliminates the risk of contamination of the sample.
The North America market acquired maximum revenue share in the Global Virology Specimen Collection Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.1 billion by 2027. The Europe market is expected to witness a CAGR of -0.3% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 0.2% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Trinity Biotech Plc, Thermo Fisher Scientific, Inc., Becton, Dickinson and Company, DiaSorin S.p.A., Vircell S.L., Quidel Corporation, Titan Biotech Ltd., Puritan Medical Products, Copan Italia s.p.a., and Hardy Diagnostics.
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