Product Code: GVR-4-68039-958-5
COVID-19 Detection PoC Kits Market Growth & Trends:
The global COVID-19 detection PoC kits market size is expected to reach USD 1,777.1 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of -7.7% from 2022 to 2030. The high prevalence of COVID-19, combined with the rising government initiative to tackle the COVID-19 pandemic around the globe is pushing the demand for POC COVID-19 kits for rapid COVID-19 detection, which is likely to drive the market. For instance, according to the WHO, the prevalence of coronavirus cases is high in countries such as the U.S., India, Brazil, France, and Germany and is reported to be 40.7% of overall coronavirus cases.
Transitioning focus of emerging players towards PoC and at-home testing and integration of advanced techniques has been witnessed in the last two years. This factor is expected to enhance patients' convenience with time-consuming lab-based COVID-19 testing. For instance, in June 2021, Mylab Discovery Solutions, an Indian start-up, launched a new COVID-19 home test kit. This novel kit uses a nasal swab sample and a QR code to connect to a mobile app that offers results in 15 minutes.
Increasing government support and a rise in testing in the country are expected to positively impact the market. As of July 2022, SAHPRA approved 129 molecular test kits for coronavirus detection. Furthermore, in 2020, African CDC launched the Partnership to Accelerate COVID-19 Testing (PACT), which aims to treat, trace, and test COVID-19 cases that would further minimize the impact of the pandemic.
With a high number of coronavirus cases, increasing demand for time-efficient testing was observed. The key players in the market focus on developing time-efficient and accurate testing kits. For instance, in June 2021, Roche's SARS-CoV-2 Antigen Self-Test Nasal obtained a CE mark for at-home coronavirus testing. The test is expected to be available through pharmacies and other locations in compliance with local guidelines & testing strategies.
Certain factors such as an increase in vaccination improved strategies to counter the pandemic, and natural immunity from previous infections, resulting in a mild response to SARS-CV-2 are responsible for a decline in deaths. The health authorities along with regional governments are focusing on intensifying vaccinations around the globe to tackle the present and future possibilities of coronavirus infections. These factors are expected to hamper the market growth in the coming years.
COVID-19 Detection PoC Kits Market Report Highlights:
- By sample handling, the RT-PCR testing segment held the largest share of the market. This is attributed to the majority of the SARS-CoV-2 detection tests being based on RT-PCR technology for quantification of RNA in the samples of patients infected with coronavirus, which in turn is likely to anticipate market growth
- The PoC testing devices/kits segment is expected to grow lucratively during the forecast period. Advancements in PoC technology for diagnosis of SARS-CoV-2 virus infection are aimed at minimizing assay duration and enhancing testing capacity to prevent further transmission of the disease
- The introduction of various molecular diagnostic tests requiring nasopharyngeal swab samples is expected to boost nasopharyngeal swab segment growth
- The hospitals segment accounted for the maximum revenue share in 2021 and is expected to dominate the market during the forecast period. This can be attributed to the increasing number of SARS-CoV-2 tests being conducted to prevent the transmission of infection
- North America held a significant share in the market in 2021 due to the presence of key payers focused on developing diagnostic tests by incorporating several technologies, and the presence of high R&D investment in the region
- In Asia Pacific, the market is expected to grow considerably in the future owing to the high prevalence of the coronavirus and the presence of key players
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation
- 1.2 Market Scope & Definition
- 1.3 Research Methodology
- 1.4 Information Procurement
- 1.4.1 Purchased Database
- 1.4.2 Gvr's Internal Database
- 1.4.3 Secondary Sources
- 1.4.4 Primary Research
- 1.4.4.1 Primary Sources:
- 1.4.4.2 Secondary Data Sources:
- 1.5 Information or Data Analysis
- 1.5.1 Data Analysis Models
- 1.6 Market Formulation & Validation
- 1.7 Market Model
- 1.8 Objectives
- 1.8.1 Objective 1:
- 1.8.2 Objective 2:
Chapter 2 Executive Summary
- 2.1 COVID-19 Diagnostics Market: Market Outlook
- 2.2 Market Summary
Chapter 3 Regional Business Analysis
- 3.1 North America
- 3.1.1 U.S.
- 3.1.1.1 U.S. COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.1.2 Canada
- 3.1.2.1 Canada COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.2 Europe
- 3.2.1 U.K.
- 3.2.1.1 U.K. COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.2.2 Germany
- 3.2.2.1 Germany COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.2.3 France
- 3.2.3.1 France COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.2.4 Italy
- 3.2.4.1 Italy COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.2.5 Spain
- 3.2.5.1 Spain COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.3 Asia Pacific
- 3.3.1 India
- 3.3.1.1 India COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.3.2 Bangladesh
- 3.3.2.1 Bangladesh COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.3.3 Sri Lanka
- 3.3.3.1 Sri Lanka COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.3.4 China
- 3.3.4.1 China COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.3.5 South Korea
- 3.3.5.1 South Korea COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.4 Latin America
- 3.4.1 Brazil
- 3.4.1.1 Brazil COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.4.2 Mexico
- 3.4.2.1 Mexico COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.5 South Africa
- 3.5.1 South Africa
- 3.5.1.1 South Africa COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.5.2 Kenya
- 3.5.2.1 Kenya COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.5.3 Uganda
- 3.5.3.1 Uganda COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.5.4 Tanzania
- 3.5.4.1 Tanzania COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.5.5 Ethiopia
- 3.5.5.1 Ethiopia COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 3.5.6 Nigeria
- 3.5.6.1 Nigeria COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
Chapter 4 Industry Outlook
- 4.1 Regulatory Framework
- 4.2 Pricing Analysis
- 4.3 Retailer Margin
- 4.4 Vendor Landscape
- 4.4.1 India
- List of key distributors and channel partners
- Key Customers
- 4.4.2 Bangladesh
- List of key distributors and channel partners
- Key Customers
- 4.4.3 Sri Lanka
- List of key distributors and channel partners
- Key Customers
- 4.4.4 Kenya
- 4.4.5 Uganda
- List of Key Distributors and channel partners
- List of Key customers
- 4.5 Qualitative Analysis of COVID-19 Trends
- 4.5.1 Historic Year (2020)
- 4.5.2 Base Year (2021)
- 4.5.3 Forecast Years (2022-2030)
- 4.5.3.1 COVID-19 Mutations
- 4.5.3.2 Herd Immunity
- 4.6 Testing Strategies of African Countries
- 4.6.1 Kenya - Testing Strategy
- 4.6.2 Uganda - Testing Strategy
- 4.6.3 Tanzania - Testing Strategy
- 4.6.4 Ethiopia - Testing Strategy
- 4.6.5 Nigeria - Testing Strategy
- 4.6.6 South Africa - Testing Strategy
Chapter 5 Sample Handling Business Analysis
- 5.1 COVID-19 Detection PoC Kits Market: Sample Handling Movement Analysis
- 5.2 PoC Testing Devices/Kits
- 5.2.1 India Poc-Based COVID-19 Testing Market, 2020 - 2030 (USD Million)
- 5.2.2 Sri Lanka Poc-Based COVID-19 Testing Market, 2020 - 2030 (USD Million)
- 5.2.3 Bangladesh Poc-Based COVID-19 Testing Market, 2020 - 2030 (USD Million)
- 5.2.4 Africa Poc-Based COVID-19 Testing Market, 2020 - 2030 (USD Million)
- 5.3 Rt-Pcr Testing
- 5.3.1 India Rt-Pcr-Based COVID-19 Testing Market, 2020 - 2030 (USD Million)
- 5.3.2 Sri Lanka Rt-Pcr-Based COVID-19 Testing Market, 2020 - 2030 (USD Million)
- 5.3.3 Bangladesh Rt-Pcr-Based COVID-19 Testing Market, 2020 - 2030 (USD Million)
- 5.3.4 Africa Rt-Pcr-Based COVID-19 Testing Market, 2020 - 2030 (USD Million)
- 5.4 Rapid Testing Kit
- 5.4.1 Future Prospects
- 5.4.2 Key Developments In Antigen Testing
- 5.4.3 India COVID-19 Rapid Testing Kits Market, 2020 - 2030 (USD Million)
- 5.4.4 Sri Lanka COVID-19 Rapid Testing Kits Market, 2020-2027 (USD Million)
- 5.4.5 Bangladesh COVID-19 Rapid Testing Kits Market, 2020 - 2030 (USD Million)
- 5.4.6 Africa COVID-19 Rapid Testing Kits Market, 2020 - 2030 (USD Million)
- 5.5 Testing Volume
Chapter 6 Sample Type Business Analysis
- 6.1 COVID-19 Detection PoC Kits Market: Sample Type Movement Analysis
- 6.2 Nasopharyngeal Swabs
- 6.2.1 North America COVID-19 Detection Nasopharyngeal Swabs Market, 2020 - 2030 (USD Million)
- 6.2.2 Europe COVID-19 Detection Nasopharyngeal Swabs Market, 2020 - 2030 (USD Million)
- 6.2.3 Apac COVID-19 Detection Nasopharyngeal Swabs Market, 2020 - 2030 (USD Million)
- 6.2.4 Latam COVID-19 Detection Nasopharyngeal Swabs Market, 2020 - 2030 (USD Million)
- 6.2.5 Mea COVID-19 Detection Nasopharyngeal Swabs Market, 2020 - 2030 (USD Million)
- 6.3 Nasal Swabs
- 6.3.1 North America COVID-19 Detection Nasal Swabs Market, 2020 - 2030 (USD Million)
- 6.3.2 Europe COVID-19 Detection Nasal Swabs Market, 2020 - 2030 (USD Million)
- 6.3.3 Apac COVID-19 Detection Nasal Swabs Market, 2020 - 2030 (USD Million)
- 6.3.4 Latam COVID-19 Detection Nasal Swabs Market, 2020 - 2030 (USD Million)
- 6.3.5 Mea COVID-19 Detection Nasal Swabs Market, 2020 - 2030 (USD Million)
- 6.4 Saliva
- 6.4.1 North America COVID-19 Detection Saliva Samples Market, 2020 - 2030 (USD Million)
- 6.4.2 Europe COVID-19 Detection Saliva Samples Market, 2020 - 2030 (USD Million)
- 6.4.3 Apac COVID-19 Detection Saliva Samples Market, 2020 - 2030 (USD Million)
- 6.4.4 Latam COVID-19 Detection Saliva Samples Market, 2020 - 2030 (USD Million)
- 6.4.5 Mea COVID-19 Detection Saliva Samples Market, 2020 - 2030 (USD Million)
- 6.5 Oropharyngeal Swabs
- 6.5.1 North America COVID-19 Detection Oropharyngeal Swabs Market, 2020 - 2030 (USD Million)
- 6.5.2 Europe COVID-19 Detection Oropharyngeal Swabs Market, 2020 - 2030 (USD Million)
- 6.5.3 Apac COVID-19 Detection Oropharyngeal Swabs Market, 2020 - 2030 (USD Million)
- 6.5.4 Latam COVID-19 Detection Oropharyngeal Swabs Market, 2020 - 2030 (USD Million)
- 6.5.5 Mea COVID-19 Detection Oropharyngeal Swabs Market, 2020 - 2030 (USD Million)
Chapter 7 End-Use Business Analysis
- 7.1 COVID-19 Detection Poc Kits Market: End-Use Movement Analysis
- 7.2 Hospitals
- 7.2.1 North America Hospital Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.2.2 Europe Hospital Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.2.3 Apac Hospital Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.2.4 Latam Hospital Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.2.5 Mea Hospital Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.3 Diagnostic Centers And Clinics
- 7.3.1 North America Diagnostic Centers And Clinics-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.3.2 Europe Diagnostic Centers And Clinics-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.3.3 Apac Diagnostic Centers And Clinics-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.3.4 Latam Diagnostic Centers And Clinics-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.3.5 Mea Diagnostic Centers And Clinics-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.4 Home Care
- 7.4.1 North America Home Care-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.4.2 Europe Home Care-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.4.3 Apac Home Care-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.4.4 Latam Home Care-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.4.5 Mea Home Care-Based COVID-19 Detection Poc Kits Market, 2020 - 2030 (USD Million)
- 7.5 Others
- 7.5.1 Government Settings
- 7.5.2 Ngos
Chapter 8 Competitive Landscape
- 8.1 Company Profiles: Medical Lasers Market
- 8.1.1 ABBOTT LABORATORIES
- 8.1.1.1 Company Overview
- 8.1.1.2 Financial performance
- 8.1.1.3 Product benchmarking
- 8.1.1.4 Strategic Initiatives
- 8.1.2 MYLAB DISCOVERY SOLUTIONS PVT. LTD.
- 8.1.2.1 Company Overview
- 8.1.2.2 Product benchmarking
- 8.1.2.3 Strategic Initiatives
- 8.1.3 CONVERGENT TECHNOLOGIES
- 8.1.3.1 Company Overview
- 8.1.3.2 Product benchmarking
- 8.1.3.3 Strategic Initiatives
- 8.1.4 THERMO FISHER SCIENTIFIC, INC.
- 8.1.4.1 Company Overview
- 8.1.4.2 Financial performance
- 8.1.4.3 Product benchmarking
- 8.1.4.4 Strategic Initiatives
- 8.1.5 F. HOFFMANN-LA ROCHE LTD
- 8.1.5.1 Company Overview
- 8.1.5.2 Financial performance
- 8.1.5.3 Product benchmarking
- 8.1.5.4 Strategic Initiatives
- 8.1.6 DANAHER
- 8.1.6.1 Company Overview
- 8.1.6.1.1 Cepheid
- 8.1.6.2 Financial performance
- 8.1.6.3 Product benchmarking
- 8.1.6.4 Strategic Initiatives
- 8.1.7 BGI
- 8.1.7.1 Company Overview
- 8.1.7.2 Product benchmarking
- 8.1.8 CUE HEALTH INC.
- 8.1.8.1 Company Overview
- 8.1.8.2 Financial performance
- 8.1.8.3 Product benchmarking
- 8.1.8.4 Strategic Initiatives
- 8.1.9 SD BIOSENSOR, INC.
- 8.1.9.1 Company Overview
- 8.1.9.2 Product benchmarking
- 8.1.9.3 Strategic Initiatives
- 8.1.10 QUEST DIAGNOSTICS
- 8.1.10.1 Company Overview
- 8.1.10.2 Financial performance
- 8.1.10.3 Product benchmarking
- 8.1.10.4 Strategic Initiatives