COVID-19 Diagnostics Market (Product: Instruments and Reagents & Kits; Test Type: Molecular Tests, Antigen Tests, and Antibody Tests) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Jan 2023| TMR3537A| Transparency

Report Highlights

COVID-19 Diagnostics Market – Scope of Report

TMR’s report on the global COVID-19 diagnostics market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global COVID-19 diagnostics market for the period 2017–2031, considering 2022 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global COVID-19 diagnostics market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the COVID-19 diagnostics market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global COVID-19 diagnostics market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global COVID-19 diagnostics market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global COVID-19 diagnostics market.

The report delves into the competitive landscape of the global COVID-19 diagnostics market. Key players operating in the global COVID-19 diagnostics market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global COVID-19 diagnostics market profiled in this report.

RESEARCH METHODOLOGY
The research methodology will be a combination of exhaustive primary and secondary research to analyze the market COVID-19 diagnostics.

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

  • Company websites, presentations, annual reports, white papers, technical paper, product brochure
  • Internal and external proprietary databases and relevant patents
  • National government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

  • Industry Sources:
    • WorldWideScience.org
    • Elsevier, Inc.
    • National Institutes of Health (NIH)
    • PubMed
    • NCBI
    • Department of Health Care Service
  • Trade Data Sources
    • Trade Map
    • UN Comtrade
    • Trade Atlas
  • Company Information
    • OneSource Business Browser
    • Hoover’s
    • Factiva
    • Bloomberg
  • Mergers & Acquisitions
    • Thomson Mergers & Acquisitions
    • MergerStat
    • Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

We conduct primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

  • Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
  • Purchasing/Sourcing managers, technical personnel, distributors
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

  • Advanced Oncotherapy PLC
  • Danfysik A/S
  • Hitachi, Ltd.
  • IBA Worldwide
  • Mevion Medical Systems, Inc.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2031
Growth rate -7.90%
Units considered $ Million
Segments covered By Product, By Test Type, By End User, By Region
Industry covered Healthcare
Countries covered North America, Latin America, Europe, Asia Pacific, Middle East & Africa
Companies studied
  • Abbott Laboratories,
  • Thermo Fisher Scientific, Inc.
  • Becton, Dickinson and Company (BD),
  • Bio-Rad Laboratories, Inc.,
  • Danaher Corporation (Cepheid)
  • F. Hoffmann-La Roche Ltd. (Roche Diagnostics)
  • PerkinElmer, Inc.,
  • Hologic, Inc.,
  • Quest Diagnostics,
  • Laboratory Corporation of America Holdings

Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with “TMR Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others

Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.

  • Table 1 : Global COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Product, 2020–2031
  • Table 2 : Global COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Test Type, 2020–2031
  • Table 3 : Global COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by End-user, 2020–2031
  • Table 4 : Global COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Region, 2020–2031
  • Table 5 : North America COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Country, 2020–2031
  • Table 6 : North America COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Product, 2020–2031
  • Table 7 : North America COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Test Type, 2020–2031
  • Table 8 : North America COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by End-user, 2020–2031
  • Table 9 : Europe COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020–2031
  • Table 10 : Europe COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Product, 2020–2031
  • Table 11 : Europe COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Test Type, 2020–2031
  • Table 12 : Europe COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by End-user, 2020–2031
  • Table 13 : Asia Pacific COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020–2031
  • Table 14 : Asia Pacific COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Product, 2020–2031
  • Table 15 : Asia Pacific COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Test Type, 2020–2031
  • Table 16 : Asia Pacific COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by End-user, 2020–2031
  • Table 17 : Latin America COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020–2031
  • Table 18 : Latin America COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Product, 2020–2031
  • Table 19 : Latin America COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Test Type, 2020–2031
  • Table 20 : Latin America COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by End-user, 2020–2031
  • Table 21 : Middle East & Africa COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020–2031
  • Table 22 : Middle East & Africa COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Product, 2020–2031
  • Table 23 : Middle East & Africa COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by Test Type, 2020–2031
  • Table 24 : Middle East & Africa COVID-19 Diagnostics Market Size (US$ Mn) Forecast, by End-user, 2020–2031
  • Figure 1 : Global COVID-19 Diagnostics Market Size (US$ Mn) and Distribution (%), by Region, 2021 and 2031
  • Figure 2 : Global COVID-19 Diagnostics Market Revenue (US$ Mn), by Product, 2021
  • Figure 3 : Global COVID-19 Diagnostics Market Value Share, by Product, 2021
  • Figure 4 : Global COVID-19 Diagnostics Market Revenue (US$ Mn), by Test Type, 2021
  • Figure 5 : Global COVID-19 Diagnostics Market Value Share, by Test Type, 2021
  • Figure 6 : Global COVID-19 Diagnostics Market Revenue (US$ Mn), by End-user, 2021
  • Figure 7 : Global COVID-19 Diagnostics Market Value Share, by End-user, 2021
  • Figure 8 : Global COVID-19 Diagnostics Market Value Share, by Region, 2021
  • Figure 9 : Global COVID-19 Diagnostics Market Value (US$ Mn) Forecast, 2020–2031
  • Figure 10 : Global COVID-19 Diagnostics Market Value Share Analysis, by Product, 2021 and 2031
  • Figure 11 : Global COVID-19 Diagnostics Market Attractiveness Analysis, by Product, 2022-2031
  • Figure 12 : Global COVID-19 Diagnostics Market Value Share Analysis, by Test Type, 2021 and 2031
  • Figure 13 : Global COVID-19 Diagnostics Market Attractiveness Analysis, by Test Type, 2022-2031
  • Figure 14 : Global COVID-19 Diagnostics Market Value Share Analysis, by End-user, 2021 and 2031
  • Figure 15 : Global COVID-19 Diagnostics Market Attractiveness Analysis, by End-user, 2022-2031
  • Figure 16 : Global COVID-19 Diagnostics Market Value Share Analysis, by Region, 2021 and 2031
  • Figure 17 : Global COVID-19 Diagnostics Market Attractiveness Analysis, by Region, 2022-2031
  • Figure 18 : North America COVID-19 Diagnostics Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020–2031
  • Figure 19 : North America COVID-19 Diagnostics Market Attractiveness Analysis, by Country, 2020–2031
  • Figure 20 : North America COVID-19 Diagnostics Market Value Share Analysis, by Country, 2021 and 2031
  • Figure 21 : North America COVID-19 Diagnostics Market Value Share Analysis, by Product, 2021 and 2031
  • Figure 22 : North America COVID-19 Diagnostics Market Value Share Analysis, by Test Type, 2021 and 2031
  • Figure 23 : North America COVID-19 Diagnostics Market Value Share Analysis, by End-user, 2021 and 2031
  • Figure 24 : North America COVID-19 Diagnostics Market Attractiveness Analysis, by Product, 2022–2031
  • Figure 25 : North America COVID-19 Diagnostics Market Attractiveness Analysis, by Test Type, 2022–2031
  • Figure 26 : North America COVID-19 Diagnostics Market Attractiveness Analysis, by End-user, 2022–2031
  • Figure 27 : Europe COVID-19 Diagnostics Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020–2031
  • Figure 28 : Europe COVID-19 Diagnostics Market Attractiveness Analysis, by Country/Sub-region, 2020–2031
  • Figure 29 : Europe COVID-19 Diagnostics Market Value Share Analysis, by Country/Sub-region, 2021 and 2031
  • Figure 30 : Europe COVID-19 Diagnostics Market Value Share Analysis, by Product, 2021 and 2031
  • Figure 31 : Europe COVID-19 Diagnostics Market Value Share Analysis, by Test Type, 2021 and 2031
  • Figure 32 : Europe COVID-19 Diagnostics Market Value Share Analysis, by End-user, 2021 and 2031
  • Figure 33 : Europe COVID-19 Diagnostics Market Attractiveness Analysis, by Product, 2022–2031
  • Figure 34 : Europe COVID-19 Diagnostics Market Attractiveness Analysis, by Test Type, 2022–2031
  • Figure 35 : Europe COVID-19 Diagnostics Market Attractiveness Analysis, by End-user, 2022–2031
  • Figure 36 : Asia Pacific COVID-19 Diagnostics Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020–2031
  • Figure 37 : Asia Pacific COVID-19 Diagnostics Market Attractiveness Analysis, by Country/Sub-region, 2020–2031
  • Figure 38 : Asia Pacific COVID-19 Diagnostics Market Value Share Analysis, by Country/Sub-region, 2021 and 2031
  • Figure 39 : Asia Pacific COVID-19 Diagnostics Market Value Share Analysis, by Product, 2021 and 2031
  • Figure 40 : Asia Pacific COVID-19 Diagnostics Market Value Share Analysis, by Test Type, 2021 and 2031
  • Figure 41 : Asia Pacific COVID-19 Diagnostics Market Value Share Analysis, by End-user, 2021 and 2031
  • Figure 42 : Asia Pacific COVID-19 Diagnostics Market Attractiveness Analysis, by Product, 2022–2031
  • Figure 43 : Asia Pacific COVID-19 Diagnostics Market Attractiveness Analysis, by Test Type, 2022–2031
  • Figure 44 : Asia Pacific COVID-19 Diagnostics Market Attractiveness Analysis, by End-user, 2022–2031
  • Figure 45 : Latin America COVID-19 Diagnostics Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020–2031
  • Figure 46 : Latin America COVID-19 Diagnostics Market Attractiveness Analysis, by Country/Sub-region, 2020–2031
  • Figure 47 : Latin America COVID-19 Diagnostics Market Value Share Analysis, by Country/Sub-region, 2021 and 2031
  • Figure 48 : Latin America COVID-19 Diagnostics Market Value Share Analysis, by Product, 2021 and 2031
  • Figure 49 : Latin America COVID-19 Diagnostics Market Value Share Analysis, by Test Type, 2021 and 2031
  • Figure 50 : Latin America COVID-19 Diagnostics Market Value Share Analysis, by End-user, 2021 and 2031
  • Figure 51 : Latin America COVID-19 Diagnostics Market Attractiveness Analysis, by Product, 2022–2031
  • Figure 52 : Latin America COVID-19 Diagnostics Market Attractiveness Analysis, by Test Type, 2022–2031
  • Figure 53 : Latin America COVID-19 Diagnostics Market Attractiveness Analysis, by End-user, 2022–2031
  • Figure 54 : Middle East & Africa COVID-19 Diagnostics Market Size (US$ Mn) Forecast and Y-o-Y Growth (%), 2020–2031
  • Figure 55 : Middle East & Africa COVID-19 Diagnostics Market Attractiveness Analysis, by Country/Sub-region, 2020–2031
  • Figure 56 : Middle East & Africa COVID-19 Diagnostics Market Value Share Analysis, by Country/Sub-region, 2021 and 2031
  • Figure 57 : Middle East & Africa COVID-19 Diagnostics Market Value Share Analysis, by Product, 2021 and 2031
  • Figure 58 : Middle East & Africa COVID-19 Diagnostics Market Value Share Analysis, by Test Type, 2021 and 2031
  • Figure 59 : Middle East & Africa COVID-19 Diagnostics Market Value Share Analysis, by End-user, 2021 and 2031
  • Figure 60 : Middle East & Africa COVID-19 Diagnostics Market Attractiveness Analysis, by Product, 2022–2031
  • Figure 61 : Middle East & Africa COVID-19 Diagnostics Market Attractiveness Analysis, by Test Type, 2022–2031
  • Figure 62 : Middle East & Africa COVID-19 Diagnostics Market Attractiveness Analysis, by End-user, 2022–2031

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