The global COVID-19 diagnostics industry is estimated to register significant growth over the forecast period 2020-2026. Increased demand for point of care devices along with the availability of the advanced diagnosing systems are primarily driving the growth of the market. The outbreak of COVID-19 has largely impacted the overall diagnostics industry globally. There has been a steady increase in the demand for diagnostic systems since the initial time of the outbreak, as peoples are concerned about their health safety. Due to this, an upsurge in the demand for PCR kits, point-of-care kits, and other instruments has been observed globally.
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The increased rate of spread of the disease is encouraging the market growth, as the global COVID-19 cases have reached around 7 million by June 2020, and still, no dedicated drug or vaccine has been discovered for the disease. An upsurge in the cases demands an accurate diagnosis to prevent the spread. For instance, there has been an upsurge in the demand for the 600 SARS-CoV-2 diagnostic tests in whichever phase, that is, approved or in the development for the clinical use.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global COVID-19 Diagnostics Market by Type
- Instruments
- Reagents & Kits
Global COVID-19 Diagnostics Market by Technology
- Polymerase Chain Reaction (PCR)
Antibody or Enzyme-Linked Immunosorbent Assay (ELISA)
- Serology
- Others
Global COVID-19 Diagnostics Market by END-USER
- Hospitals
- Diagnostic Centers & Urgent Care Clinics
- Research Labs
By Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Abbott Laboratories Inc.
- ADT Biotech Sdn Bhd
- Altona Diagnostics GmBH
- Beckman Coulter Inc.
- biomérieux SA
- Cellex Inc.
- Cepheid Inc.
- Chembio Diagnostic Systems Inc.
- Epitope Diagnostics, Inc.
- Hoffman-La Roche Ltd.
- Hologic Inc.
- Laboratory Corp. of America Holdings
- Luminex Corp.
- Mylab Discovery Solutions Pvt Ltd.
- PerkinElmer, Inc.
- Quidel Corp.
- Seegene Inc.
- SureScreen Diagnostics Ltd.
- Thermo Fisher Scientific Inc.
- Veredus Laboratories
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global COVID-19 diagnostics market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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