Product Code: GVR-4-68038-539-7
COVID-19 Sample Collection Kits Market Growth & Trends:
The global COVID-19 sample collection kits market size is expected to account for USD 16.3 billion by 2027, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 3.5% over the forecast period. The continuous approval of diagnostic tests for effective diagnoses of SARS-CoV-2 infection raises the demand for sample collection products, such as swabs and Viral Transport Media (VTM). Also, a shortage of testing materials such as swabs, reagents, and others has resulted in the proliferation of new players in the space, thereby driving the market revenue.
The regulatory agencies are playing a major role as the key driving force of the market, by safeguarding the product efficiency and accelerating new approvals. For instance, in November 2020, the COVID-19 All-In-One Test Kit test by Lucira was authorized by the U.S. Food and Drugs Administration (FDA) for home use for suspected COVID-19 individuals of age 14 and older. The test enables the use of a self-collected nasal swab specimen. Such developments are aimed at the comfort and convenience of patients, along with minimizing the infection risk for healthcare professionals.
Furthermore, constant expanding global financing to boost the swab production which is currently the need of the hour foment organic revenue growth. Some funding agencies are operating in the space are the Washington Entrepreneurial Research Evaluation and Commercialization Hub (WE-REACH), the Foundation for Innovative New Diagnostics (FIND), and the U.S. Department of Health and Human Services (HHS).
COVID-19 Sample Collection Kits Market Report Highlights:
- The Centers for Disease Control and Prevention (CDC) and the WHO have recommended nasopharyngeal swab-based diagnostic tests as the preferred mode of testing for SARS-CoV-2 detection
- This has led to the dominance of swabs over other specimen collection products, with a 42.0% revenue share in the 2020 market
- The large volume and usage rate of nasopharyngeal and oropharyngeal swabs has attributed to the highest share of this product in the global market
- Application of COVID-19 sample collection kits in diagnostics setting is anticipated to account for the largest revenue share in 2020
- A continuous increase in the number of approvals by the U.S. FDA has significantly propelled segment growth
- A large volume of tests carried out in the hospitals coupled with the establishment of new hospitals especially dedicated to COVID-19 care resulted in the dominant share of hospitals and clinics
- Owing to the highest number of cases and tests carried out in the U.S., North America captured the maximum revenue share in 2020
- Furthermore, Europe pegged the second position in the market in terms of revenue generation. The presence of key players such as COPAN Diagnostics and Roche in the region contributes to the region's total revenue
- Key participants operating in the space, such as Thermo Fisher, Becton Dickinson, COPAN Diagnostics, and Puritan Medical Products, are constantly boosting their production and supply
- For instance, in October 2020, Puritan Medical Products announced its plans to establish a second facility in Pittsfield, after being awarded USD 51.2 million through CARES Act
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Research Methodology
- 1.2 Research Assumptions
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Primary Research
- 1.3.5 Details of Primary Research
- 1.4 Information or Data Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Validation
- 1.6 Model Details
- 1.6.1 Commodity Flow Analysis
- 1.7 List of Secondary Sources
- 1.8 List of Primary Sources
Chapter 2 Executive Summary
- 2.1 COVID-19 Sample Collection Kits Market: Market Outlook
- 2.2 Market Summary
- 2.3 COVID-19 Sample Collection Kits Market: Market Segmentation
- 2.4 COVID-19 Sample Collection Kits Market: Competitive Insights
Chapter 3 Industry Outlook
- 3.1 Parent Market (COVID-19 Diagnostic Testing)
- 3.2 Penetration & Growth Prospect Mapping for Product, 2020
- 3.3 Market Dynamics
- 3.3.1 Market driver analysis
- 3.3.1.1 Growing business operations by emerging and small-sized players
- 3.3.1.2 Rising worldwide incidence of SARS-CoV-2
- 3.3.1.3 Active role of government bodies
- 3.3.1.4 Key role of COVID tests in advancing vaccine development
- 3.3.2 Market restraint analysis
- 3.3.2.1 Technical and clinical challenges
- 3.3.3 Market opportunity analysis
- 3.3.3.1 Funding programs to drive developments
- 3.3.3.2 Shortage of swabs and transport medium
- 3.4 COVID-19 Sample Collection Kits Market - Regulatory Framework
- 3.5 COVID-19 Sample Collection Kits Market - Reimbursement Framework
- 3.6 COVID-19 Sample Collection Kits Market - Porter's Analysis
- 3.6.1 Porter's Analysis
- 3.6.1.1 Competitive Rivalry - High
- 3.6.1.2 Threat of New Entrants - High
- 3.6.1.3 Threat of Substitutes - Low
- 3.6.1.4 Bargaining Power of Suppliers - Low
- 3.6.1.5 Bargaining Power of Buyers - High
- 3.7 COVID-19 Sample Collection Kits Market - SWOT Analysis
- 3.8 Political and Legal
- 3.8.1 Strengths
- 3.8.2 Weaknesses
- 3.8.3 Opportunities
- 3.8.4 Threats
- 3.9 Economic
- 3.9.1 Strengths
- 3.9.2 Weaknesses
- 3.9.3 Opportunities
- 3.9.4 Threats
- 3.10 Technological
- 3.10.1 Strengths
- 3.10.2 Weaknesses
- 3.10.3 Opportunities
- 3.10.4 Threats
- 3.11 Market Strategic Alliances
- 3.11.1 Agreement
- 3.11.2 Merger & acquisition
- 3.11.3 Partnership & Collaboration
Chapter 4 Product Business Analysis
- 4.1 Swabs
- 4.1.1 Global COVID-19 Sample collection swabs market, 2020 - 2027 (USD Million)
- 4.1.2 Nasopharyngeal (NP) swabs
- 4.1.2.1 Global COVID-19 Sample collection nasopharyngeal swabs market, 2020 - 2027 (USD Million)
- 4.1.3 Oropharyngeal (OP) swabs
- 4.1.3.1 Global COVID-19 Sample collection Oropharyngeal swabs market, 2020 - 2027 (USD Million)
- 4.1.4 Nasal Swabs
- 4.1.4.1 Global COVID-19 Sample collection nasal swabs market, 2020 - 2027 (USD Million)
- 4.2 Viral Transport Medium
- 4.2.1 Global COVID-19 sample collection VTM market, 2020 - 2027 (USD Million)
- 4.3 Blood Collection Kits
- 4.3.1 Global COVID-19 Blood Collection Kits market, 2020 - 2027 (USD Million)
- 4.4 Other Consumables
- 4.4.1 Global COVID-19 sample collection other consumables market, 2020 - 2027 (USD Million)
Chapter 5 Application Business Analysis
- 5.1 COVID-19 Sample Collection Kits Market: Application Type Movement Analysis
- 5.2 Diagnostics
- 5.2.1 Global COVID-19 sample collection kits market for diagnostics, 2020 - 2027 (USD Million)
- 5.3 Research
- 5.3.1 Global COVID-19 sample collection kits market for research, 2020 - 2027 (USD Million)
Chapter 6 Site Of Collection Business Analysis
- 6.1 COVID-19 Sample Collection Kits Market: Site of Collection Movement Analysis
- 6.2 Hospitals and Clinics
- 6.2.1 Global COVID-19 sample collection kits market for hospitals and clinics, 2020 - 2027 (USD Million)
- 6.3 Home Test
- 6.3.1 Global COVID-19 sample collection kits market for home tests, 2020 - 2027 (USD Million)
Chapter 7 Regional Business Analysis
- 7.1 COVID-19 Sample Collection Kits Market: Regional Movement Analysis, 2020 & 2027
- 7.2 North America
- 7.2.1 North America COVID-19 sample collection kits market estimates and forecast, 2020 - 2027 (USD Million)
- 7.2.2 U.S.
- 7.2.2.1 U.S. COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.2.2.2 U.S. COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.2.2.3 U.S. COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.2.3 Canada
- 7.2.3.1 Canada COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.2.3.2 Canada COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.2.3.3 Canada COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.3 Europe
- 7.3.1 Europe COVID-19 sample collection kits market estimates and forecast, 2020 - 2027 (USD Million)
- 7.3.2 Germany
- 7.3.2.1 Germany COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.3.2.2 Germany COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.3.2.3 Germany COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.3.3 U.K.
- 7.3.3.1 U.K. COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.3.3.2 U.K. COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.3.3.3 U.K. COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.3.4 France
- 7.3.4.1 France COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.3.4.2 France COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.3.4.3 France COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.3.5 Italy
- 7.3.5.1 Italy COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.3.5.2 Italy COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.3.5.3 Italy COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.3.6 Spain
- 7.3.6.1 Spain COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.3.6.2 Spain COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.3.6.3 Spain COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.3.7 Russia
- 7.3.7.1 Russia COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.3.7.2 Russia COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.3.7.3 Russia COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.4 Asia-Pacific
- 7.4.1 Asia-Pacific COVID-19 sample collection kits market estimates and forecast, 2020 - 2027 (USD Million)
- 7.4.2 China
- 7.4.2.1 China COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.4.2.2 China COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.4.2.3 China COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.4.3 India
- 7.4.3.1 India COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.4.3.2 India COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.4.3.3 India COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.4.4 South Korea
- 7.4.4.1 South Korea COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.4.4.2 South Korea COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.4.4.3 South Korea COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.4.5 Australia
- 7.4.5.1 Australia COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.4.5.2 Australia COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.4.5.3 Australia COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.4.6 Japan
- 7.4.6.1 Japan COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.4.6.2 Japan COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.4.6.3 Japan COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.5 Latin America
- 7.5.1 Latin America COVID-19 sample collection kits market estimates and forecast, 2020 - 2027 (USD Million)
- 7.5.2 Brazil
- 7.5.2.1 Brazil COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.5.2.2 Brazil COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.5.2.3 Brazil COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.5.3 Mexico
- 7.5.3.1 Mexico COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.5.3.2 Mexico COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.5.3.3 Mexico COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.6 Middle East and Africa (MEA)
- 7.6.1 MEA COVID-19 sample collection kits market estimates and forecast, 2020 - 2027 (USD Million)
- 7.6.2 South Africa
- 7.6.2.1 South Africa COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.6.2.2 South Africa COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.6.2.3 South Africa COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
- 7.6.3 Saudi Arabia
- 7.6.3.1 Saudi Arabia COVID-19 sample collection kits market estimates and forecast, by product, 2020 - 2027 (USD Million)
- 7.6.3.2 Saudi Arabia COVID-19 sample collection kits market estimates and forecast, by application, 2020 - 2027 (USD Million)
- 7.6.3.3 Saudi Arabia COVID-19 sample collection kits market estimates and forecast, by site of collection, 2020 - 2027 (USD Million)
Chapter 8 Competitive Landscape
- 8.1 Recent Developments & Impact Analysis, by Key Market Participants
- 8.2 Public Companies
- 8.3 Private Companies
- 8.3.1 List of key emerging companies
- 8.4 Companies Offering FDA-approved Sample Collection Products
- 8.5 Strategy Framework
- 8.6 Market Participation Categorization
- 8.7 Company Profiles
- 8.7.1 Becton Dickinson (BD)
- 8.7.1.1 Company Overview
- 8.7.1.2 Financial Performance
- 8.7.1.3 Product Benchmarking
- 8.7.1.4 strategic Initiatives
- 8.7.2 Laboratory Corporation of America Holdings
- 8.7.2.1 Company Overview
- 8.7.2.2 Financial Performance
- 8.7.2.3 Product Benchmarking
- 8.7.2.4 Strategic Initiatives
- 8.7.3 Copan Diagnostics, Inc
- 8.7.3.1 Company Overview
- 8.7.3.2 Financial Performance
- 8.7.3.3 Product Benchmarking
- 8.7.3.4 Strategic Initiatives
- 8.7.4 Puritan Medical Products
- 8.7.4.1 Company Overview
- 8.7.4.2 Financial Performance
- 8.7.4.3 Product Benchmarking
- 8.7.4.4 strategic Initiatives
- 8.7.5 Vitagene Inc.
- 8.7.5.1 Company Overview
- 8.7.5.2 Financial Performance
- 8.7.5.3 Product Benchmarking
- 8.7.5.4 strategic Initiatives
- 8.7.6 Quest Diagnostics
- 8.7.6.1 Company Overview
- 8.7.6.2 Financial Performance
- 8.7.6.3 Product Benchmarking
- 8.7.6.4 Strategic Initiatives
- 8.7.7 Hardy Diagnostics
- 8.7.7.1 Company Overview
- 8.7.7.2 Financial Performance
- 8.7.7.3 Product Benchmarking
- 8.7.7.4 strategic Initiatives
- 8.7.8 Danaher Corporation
- 8.7.8.1 Company Overview
- 8.7.8.2 Financial Performance
- 8.7.8.3 Cepheid
- 8.7.8.3.1 Company Overview
- 8.7.8.4 Beckman Coulter, Inc.
- 8.7.8.4.1 Company Overview
- 8.7.8.5 Product Benchmarking
- 8.7.8.6 Strategic Initiatives
- 8.7.9 Quidel Corporation
- 8.7.9.1 Company Overview
- 8.7.9.2 Financial Performance
- 8.7.9.3 Product Benchmarking
- 8.7.9.4 strategic Initiatives
- 8.7.10 Thermo Fisher Scientific, Inc.
- 8.7.10.1 Company Overview
- 8.7.10.2 Financial Performance
- 8.7.10.3 Product Benchmarking
- 8.7.10.4 strategic Initiatives
- 8.7.11 Trinity Biotech
- 8.7.11.1 Company Overview
- 8.7.11.2 Financial Performance
- 8.7.11.3 Product Benchmarking
- 8.7.11.4 strategic Initiatives
- 8.7.12 LucenCe Diagnostics Pte Ltd
- 8.7.12.1 Company Overview
- 8.7.12.2 Financial Performance
- 8.7.12.3 Product Benchmarking
- 8.7.12.4 Strategic Initiatives
- 8.7.13 HiMedia Laboratories
- 8.7.13.1 Company Overview
- 8.7.13.2 Financial Performance
- 8.7.13.3 Product Benchmarking
- 8.7.14 VIRCELL S.L.
- 8.7.14.1 Company Overview
- 8.7.14.2 Financial Performance
- 8.7.14.3 Product Benchmarking
- 8.7.14.4 Strategic Initiatives
- 8.7.15 Formlabs
- 8.7.15.1 Company Overview
- 8.7.15.2 Financial Performance
- 8.7.15.3 Product Benchmarking
- 8.7.15.4 Strategic Initiatives