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COVID-19 Diagnostics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 141 pages | ID: C6DD291C4785EN
IMARC Group

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The global COVID-19 diagnostics market size reached US$ 74.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 27.3 Billion by 2028.
COVID-19 diagnostics refer to the clinical tests conducted to detect the presence of the viral infection among individuals. COVID-19 is an infectious disease caused by the newly discovered zoonotic coronavirus. Some common symptoms include fever, fatigue, dry cough, shortness of breath, sore throat and body aches. The viral infection is usually diagnosed through reverse transcriptase-polymerase chain reaction (RT- PCR), antigen-based and antibody testing. These tests use reagents and kits to obtain the sample from nasopharyngeal (NP), oropharyngeal (OP) and nasal swabs, human saliva or blood. They are widely used in hospitals, laboratories, clinics, research institutes and diagnostic centers.
The sudden outbreak of coronavirus disease and an alarming increase in the number of COVID-19 cases across the globe are among the key factors creating a positive outlook for the market growth. The continuous rise in the number of daily cases has led to the widespread adoption of diagnostic tests for rapid and comprehensive testing to provide early treatment to the patients. In line with this, the increasing demand for mass testing and molecular diagnostics is contributing to the market growth. Additionally, various product innovations, such as the launch of novel antibody and serology test kits for home-testing, are acting as other growth-inducing factors. In comparison to the traditionally used testing kits, these variants are less time-consuming and can be integrated with software-based programs for accurate results. Other factors, including the implementation of favorable government polices to prevent the further spread of COVID-19 infection, along with significant improvements in the healthcare infrastructure, especially in the developing economies, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global COVID-19 diagnostics market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product type, sample type, test type, mode and end use.
Breakup by Product Type:
Reagents and Kits
Instruments
Others
Breakup by Sample Type:
Nasopharyngeal Swabs
Oropharyngeal Swabs
Nasal Swabs
Blood
Others
Breakup by Test Type:
Molecular (RT-PCR) Testing
Antigen-based Testing
Antibody (Serology) Testing
Others
Breakup by Mode:
Point-of-Care (PoC)
Non-Point-of-Care (Non-PoC)
Breakup by End Use:
Laboratories
Hospitals
Diagnostic Centers and Clinics
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Becton Dickinson and Company, bioMйrieux SA, Bio-Rad Laboratories, Danaher Corporation, F. Hoffman-La Roche Ltd. (Roche Holding AG), Luminex Corporation, PerkinElmer Inc., Quest Diagnostics Incorporated, Robert Bosch GmbH, Seegene Inc., Siemens Aktiengesellschaft and Thermo Fisher Scientific Inc.
Key Questions Answered in This Report
1. What was the size of the global COVID-19 diagnostics market in 2022?
2. What has been the impact of COVID-19 on the global COVID-19 diagnostics market?
3. What are the key factors driving the global COVID-19 diagnostics market?
4. What is the breakup of the global COVID-19 diagnostics market based on the product type?
5. What is the breakup of the global COVID-19 diagnostics market based on the sample type?
6. What is the breakup of the global COVID-19 diagnostics market based on the test type?
7. What is the breakup of the global COVID-19 diagnostics market based on the mode?
8. What is the breakup of the global COVID-19 diagnostics market based on the end use?
9. What are the key regions in the global COVID-19 diagnostics market?
10. Who are the key players/companies in the global COVID-19 diagnostics market?
1 PREFACE


2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY


4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL COVID-19 DIAGNOSTICS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT TYPE

6.1 Reagents and Kits
  6.1.1 Market Trends and Forecast
6.2 Instruments
  6.2.1 Market Trends and Forecast
6.3 Others
  6.3.1 Market Trends and Forecast

7 MARKET BREAKUP BY SAMPLE TYPE

7.1 Nasopharyngeal Swabs
  7.1.1 Market Trends and Forecast
7.2 Oropharyngeal Swabs
  7.2.1 Market Trends and Forecast
7.3 Nasal Swabs
  7.3.1 Market Trends and Forecast
7.4 Blood
  7.4.1 Market Trends and Forecast
7.5 Others
  7.5.1 Market Trends and Forecast

8 MARKET BREAKUP BY TEST TYPE

8.1 Molecular (RT-PCR) Testing
  8.1.1 Market Trends and Forecast
8.2 Antigen-based Testing
  8.2.1 Market Trends and Forecast
8.3 Antibody (Serology) Testing
  8.3.1 Market Trends and Forecast
8.4 Others
  8.4.1 Market Trends and Forecast

9 MARKET BREAKUP BY MODE

9.1 Point-of-Care (PoC)
  9.1.1 Market Trends and Forecast
9.2 Non-Point-of-Care (Non-PoC)
  9.2.1 Market Trends and Forecast

10 MARKET BREAKUP BY END USE

10.1 Laboratories
  10.1.1 Market Trends and Forecast
10.2 Hospitals
  10.2.1 Market Trends and Forecast
10.3 Diagnostic Centers and Clinics
  10.3.1 Market Trends and Forecast
10.4 Others
  10.4.1 Market Trends and Forecast

11 MARKET BREAKUP BY REGION

11.1 North America
  11.1.1 United States
    11.1.1.1 Market Trends and Forecast
  11.1.2 Canada
    11.1.2.1 Market Trends and Forecast
11.2 Asia-Pacific
  11.2.1 China
    11.2.1.1 Market Trends and Forecast
  11.2.2 Japan
    11.2.2.1 Market Trends and Forecast
  11.2.3 India
    11.2.3.1 Market Trends and Forecast
  11.2.4 South Korea
    11.2.4.1 Market Trends and Forecast
  11.2.5 Australia
    11.2.5.1 Market Trends and Forecast
  11.2.6 Indonesia
    11.2.6.1 Market Trends and Forecast
  11.2.7 Others
    11.2.7.1 Market Trends and Forecast
11.3 Europe
  11.3.1 Germany
    11.3.1.1 Market Trends and Forecast
  11.3.2 France
    11.3.2.1 Market Trends and Forecast
  11.3.3 United Kingdom
    11.3.3.1 Market Trends and Forecast
  11.3.4 Italy
    11.3.4.1 Market Trends and Forecast
  11.3.5 Spain
    11.3.5.1 Market Trends and Forecast
  11.3.6 Russia
    11.3.6.1 Market Trends and Forecast
  11.3.7 Others
    11.3.7.1 Market Trends and Forecast
11.4 Latin America
  11.4.1 Brazil
    11.4.1.1 Market Trends and Forecast
  11.4.2 Mexico
    11.4.2.1 Market Trends and Forecast
  11.4.3 Others
    11.4.3.1 Market Trends and Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends and Forecast
  11.5.2 Market Breakup by Country

12 SWOT ANALYSIS

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 VALUE CHAIN ANALYSIS


14 PORTERS FIVE FORCES ANALYSIS

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 PRICE ANALYSIS


16 COMPETITIVE LANDSCAPE

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 Abbott Laboratories
    16.3.1.1 Company Overview
    16.3.1.2 Product Portfolio
    16.3.1.3 Financials
    16.3.1.4 SWOT Analysis
  16.3.2 Becton Dickinson and Company
    16.3.2.1 Company Overview
    16.3.2.2 Product Portfolio
    16.3.2.3 Financials
    16.3.2.4 SWOT Analysis
  16.3.3 bioMйrieux SA
    16.3.3.1 Company Overview
    16.3.3.2 Product Portfolio
    16.3.3.3 Financials
    16.3.3.4 SWOT Analysis
  16.3.4 Bio-Rad Laboratories
    16.3.4.1 Company Overview
    16.3.4.2 Product Portfolio
    16.3.4.3 Financials
    16.3.4.4 SWOT Analysis
  16.3.5 Danaher Corporation
    16.3.5.1 Company Overview
    16.3.5.2 Product Portfolio
    16.3.5.3 Financials
    16.3.5.4 SWOT Analysis
  16.3.6 F. Hoffman-La Roche Ltd. (Roche Holding AG)
    16.3.6.1 Company Overview
    16.3.6.2 Product Portfolio
    16.3.6.3 Financials
  16.3.7 Luminex Corporation
    16.3.7.1 Company Overview
    16.3.7.2 Product Portfolio
    16.3.7.3 Financials
    16.3.7.4 SWOT Analysis
  16.3.8 PerkinElmer Inc.
    16.3.8.1 Company Overview
    16.3.8.2 Product Portfolio
    16.3.8.3 Financials
    16.3.8.4 SWOT Analysis
  16.3.9 Quest Diagnostics Incorporated
    16.3.9.1 Company Overview
    16.3.9.2 Product Portfolio
    16.3.9.3 Financials
    16.3.9.4 SWOT Analysis
  16.3.10 Robert Bosch GmbH
    16.3.10.1 Company Overview
    16.3.10.2 Product Portfolio
  16.3.11 Seegene Inc.
    16.3.11.1 Company Overview
    16.3.11.2 Product Portfolio
    16.3.11.3 Financials
  16.3.12 Siemens Aktiengesellschaft
    16.3.12.1 Company Overview
    16.3.12.2 Product Portfolio
    16.3.12.3 Financials
    16.3.12.4 SWOT Analysis
  16.3.13 Thermo Fisher Scientific Inc.
    16.3.13.1 Company Overview
    16.3.13.2 Product Portfolio
    16.3.13.3 Financials
    16.3.13.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: COVID-19 Diagnostics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: COVID-19 Diagnostics Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: COVID-19 Diagnostics Market Forecast: Breakup by Sample Type (in Million US$), 2023-2028
Table 4: Global: COVID-19 Diagnostics Market Forecast: Breakup by Test Type (in Million US$), 2023-2028
Table 5: Global: COVID-19 Diagnostics Market Forecast: Breakup by Mode (in Million US$), 2023-2028
Table 6: Global: COVID-19 Diagnostics Market Forecast: Breakup by End Use (in Million US$), 2023-2028
Table 7: Global: COVID-19 Diagnostics Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: COVID-19 Diagnostics Market: Competitive Structure
Table 9: Global: COVID-19 Diagnostics Market: Key Players

LIST OF FIGURES

Figure 1: Global: COVID-19 Diagnostics Market: Major Drivers and Challenges
Figure 2: Global: COVID-19 Diagnostics Market: Sales Value (in Billion US$), 2022-2028
Figure 3: Global: COVID-19 Diagnostics Market: Breakup by Product Type (in %), 2022
Figure 4: Global: COVID-19 Diagnostics Market: Breakup by Sample Type (in %), 2022
Figure 5: Global: COVID-19 Diagnostics Market: Breakup by Test Type (in %), 2022
Figure 6: Global: COVID-19 Diagnostics Market: Breakup by Mode (in %), 2022
Figure 7: Global: COVID-19 Diagnostics Market: Breakup by End Use (in %), 2022
Figure 8: Global: COVID-19 Diagnostics Market: Breakup by Region (in %), 2022
Figure 9: Global: COVID-19 Diagnostics (Reagents and Kits) Market: Sales Value (in Million US$), 2022-2028
Figure 10: Global: COVID-19 Diagnostics (Instruments) Market: Sales Value (in Million US$), 2022-2028
Figure 11: Global: COVID-19 Diagnostics (Other Product Types) Market: Sales Value (in Million US$), 2022-2028
Figure 12: Global: COVID-19 Diagnostics (Nasopharyngeal Swabs) Market: Sales Value (in Million US$), 2022-2028
Figure 13: Global: COVID-19 Diagnostics (Oropharyngeal Swabs) Market: Sales Value (in Million US$), 2022-2028
Figure 14: Global: COVID-19 Diagnostics (Nasal Swabs) Market: Sales Value (in Million US$), 2022-2028
Figure 15: Global: COVID-19 Diagnostics (Blood) Market: Sales Value (in Million US$), 2022-2028
Figure 16: Global: COVID-19 Diagnostics (Other Sample Types) Market: Sales Value (in Million US$), 2022-2028
Figure 17: Global: COVID-19 Diagnostics (Molecular/RT-PCR Testing) Market: Sales Value (in Million US$), 2022-2028
Figure 18: Global: COVID-19 Diagnostics (Antigen-based Testing) Market: Sales Value (in Million US$), 2022-2028
Figure 19: Global: COVID-19 Diagnostics (Antibody-Testing- Serology) Market: Sales Value (in Million US$), 2022-2028
Figure 20: Global: COVID-19 Diagnostics (Other Test Types) Market: Sales Value (in Million US$), 2022-2028
Figure 21: Global: COVID-19 Diagnostics (Point-of-Care - PoC) Market: Sales Value (in Million US$), 2022-2028
Figure 22: Global: COVID-19 Diagnostics (Non-Point-of-Care - Non-PoC) Market: Sales Value (in Million US$), 2022-2028
Figure 23: Global: COVID-19 Diagnostics (Laboratories) Market: Sales Value (in Million US$), 2022-2028
Figure 24: Global: COVID-19 Diagnostics (Hospitals) Market: Sales Value (in Million US$), 2022-2028
Figure 25: Global: COVID-19 Diagnostics (Diagnostic Centers and Clinics) Market: Sales Value (in Million US$), 2022-2028
Figure 26: Global: COVID-19 Diagnostics (Other End Uses) Market: Sales Value (in Million US$), 2022-2028
Figure 27: North America: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 28: United States: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 29: Canada: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 30: Asia-Pacific: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 31: China: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 32: Japan: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 33: India: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 34: South Korea: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 35: Australia: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 36: Indonesia: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 37: Others: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 38: Europe: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 39: Germany: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 40: France: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 41: United Kingdom: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 42: Italy: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 43: Spain: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 44: Russia: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 45: Others: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 46: Latin America: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 47: Brazil: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 48: Mexico: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 49: Others: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 50: Middle East and Africa: COVID-19 Diagnostics Market: Sales Value (in Million US$), 2022-2028
Figure 51: Middle East and Africa: COVID-19 Diagnostics Market: Breakup by Country (in %), 2022
Figure 52: Global: COVID-19 Diagnostics Industry: SWOT Analysis
Figure 53: Global: COVID-19 Diagnostics Industry: Value Chain Analysis
Figure 54: Global: COVID-19 Diagnostics Industry: Porter's Five Forces Analysis


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