European COVID-19 diagnostics market is estimated to see a decline in CAGR of 28.2% during the forecast period. European COVID-19 diagnostics market is witnessing optimal growth owing to the expansion of COVID-19 testing capacity in the region. The European government has made some plans to combat the COVID-19 pandemic, which includes improving infrastructure for diagnosis and treatment. So far, a large number of COVID-19 tests are available in the EU, and some new tests are being developed. RT-PCR testing is widely used for COVID-19 testing in the region, owing to potential availability, cost-effectiveness, and efficiency. Theoretically, RT-PCR tests provide better accuracy, however, some tests may offer false-negative results for mild cases. Moreover, the results might take some days to come back as samples require to be sent to the lab facilities. The increasing speed issue is key to strong innovation at present in the region. To overcome this challenge, European companies have taken some key steps to advance PCR testing.
European COVID-19 diagnostics market is segmented based on technology type, end-use, sample type, and product type. By technology type, the market is further segmented into PCR Test, Antigen Test, Serology Test, and Rapid/ PoC Test. By end-use, the COVID-19 diagnostic market is divided into laboratories, hospitals, diagnostic centers & clinics, and research institutes. By product type, the market is further segmented into instruments, reagents & kits, and laboratory testing services. By Sample type, the market is divided into oropharyngeal & nasopharyngeal swabs, blood, urine, saliva, and others. European COVID-19 diagnostics market is segmented based on countries, the UK, Germany, France, Spain, Italy, and the Rest of Europe. UK held the largest market value in the European COVID-19 diagnostics market. The availability of the various advanced test for the COVID-19 coupled with the high number of cases in the country further contribute to the market share.
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European COVID-19 Diagnostics Market Segmentation
By Type
- Instruments
- Reagents & Kits
- Laboratory Testing Services
By Technology Type
- PCR Test
- Antigen Test
- Chromatographic Immunoassay
- Fluorescent Immunoassay
- Chemiluminescent Immunoassay
- Serology Test
- Enzyme-Linked Immunosorbent Assay (ELISA)
- Neutralization
- Chemiluminescent Immunoassay
- Rapid/ PoC Test
By Sample Type
- Oropharyngeal & Nasopharyngeal Swabs
- Blood
- Urine
- Saliva
- Others (Sperm)
By End-Users
- Laboratories
- Hospitals
- Diagnostic Centers & Clinics
- Research Institutes
A full Report of European COVID-19 Diagnostics Market is Available @ https://www.omrglobal.com/industry-reports/europe-covid-19-diagnostics-market
Regional Analysis
- UK
- Germany
- Spain
- France
- Italy
Rest of Europe
Company Profiles
- Altona Diagnostics GmbH
- BforCure
- BioMérieux S.A.
- Edinburgh Genetics, Ltd.
- ERBA Mannheim
- Hoffmann-La Roche AG
- Molecular Biology Systems
- Mologic, Ltd.
- NOWDiagnostics, Inc.
- Surescreen Diagnostics Ltd.
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