The current valuation of the Bowie-Dick test kit market is USD 203.0 million. It is measured in 2023. The said market will reach USD 218.2 million and USD 410.0 million in 2024 and 2034, respectively. The market advancement is subjected to a moderate CAGR of 6.5% during the forecast period.
Attributes | Key Insights |
---|---|
Estimated Market Size in 2024 | USD 218.2 million |
Projected Market Value in 2034 | USD 410.0 million |
Value-based CAGR from 2024 to 2034 | 6.5% |
The global Bowie-Dick test kit market was valued at USD 203.0 million in 2023, and this market advancement was paced at a promising CAGR of 8.2%. The main reason for the promising market growth was the rising COVID-19 cases. Due to the rapidly increasing number of patients, the requirement for test kits surged, which drove the market significantly.
During the forecasted period, this market advancement is likely to decline. This is due to the diminished impact of the surging factor, the COVID-19 pandemic. As the COVID-19 cases drop, the urgency for the test kits would decrease, which declines the CAGR.
However, the subject market will be driven by increasing surgeries due to many factors, such as growing accidental cases and the rising number of chronic diseases. This surges the demand for sterilization equipment, which is why the market maintains its growth at a moderate pace.
Unlike in the historical period, the government's initiative to develop medical infrastructure led to market advancement. Also, stringent rules and regulations regarding contamination prevention will increase demand in the forecasted period. Awareness of this creates demand compared to the historical period.
Historical CAGR from 2019 to 2023 | 8.2% |
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Forecast CAGR from 2024 to 2034 | 6.5% |
The United States of America will be the largest market shareholder by the end of 2034. It will secure about USD 72.9 million, showing a growth of 6.8%.
Such a market advancement can be attributed to various factors, like the development of the medical infrastructure, technology-embedded medical instruments, the rising prevalence of critical surgeries, and many more.
In addition, the government has initiated various regulatory policies to emphasize sterilization and decontamination of surgical instruments, which drives the Bowie-Dick test kit market.
Countries | Forecast CAGRs from 2024 to 2034 |
---|---|
The United States | 6.8% |
The United Kingdom | 7.7% |
China | 7.2% |
Japan | 8.1% |
South Korea | 9% |
Category | Single-Use Product |
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CAGR from 2024 to 2034 | 6.3% |
Driver |
|
Category | Pharmaceutical & Medical Device Company |
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CAGR from 2024 to 2034 | 6.1% |
Driver |
|
The market segment is forecasted to advance at a CAGR of 6.3%, helping the subject market grow. It holds about 62% of the market space.
Pharmaceutical industries form a large market segment demanding test kits. It has been estimated that the subject market segment will advance at a CAGR of 6.1%. Currently, it holds about 75.4% of the market.
As mentioned below, various key competitors have been participating in the Bowie-Dick test kit market competition. These competitors have opted for different market expansion strategies that fuel their growth within the market. These organizations ' key market expansion strategies are product launches, partnerships, diversification, mergers, and acquisitions.
Key Market Developments
Attributes | Details |
---|---|
Estimated Market Size in 2024 | USD 218.2 million |
Projected Market Valuation in 2034 | USD 410.0 million |
Value-based CAGR 2024 to 2034 | 6.5% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in USD million |
Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East and Africa |
Key Market Segments Covered | Product Type, End User, Region |
Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, India, Bangladesh, China, Japan, South Korea, GCC countries, South Africa, Israel |
Key Companies Profiled | Medline Industries Inc.; 4Crosstex Air View; Steris; EDM3 Health Link; Getinge AB; PMS Medical; Propper Manufacturing Co. Inc.; Clinic hem; Crosstie International Inc.; EFELAB SRL |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Unit Pack) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 4: Global Market Volume (Unit Pack) Forecast by Product Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 6: Global Market Volume (Unit Pack) Forecast by End User, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 10: North America Market Volume (Unit Pack) Forecast by Product Type, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 12: North America Market Volume (Unit Pack) Forecast by End User, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 16: Latin America Market Volume (Unit Pack) Forecast by Product Type, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 18: Latin America Market Volume (Unit Pack) Forecast by End User, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 22: Western Europe Market Volume (Unit Pack) Forecast by Product Type, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 24: Western Europe Market Volume (Unit Pack) Forecast by End User, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 28: Eastern Europe Market Volume (Unit Pack) Forecast by Product Type, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 30: Eastern Europe Market Volume (Unit Pack) Forecast by End User, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Unit Pack) Forecast by Product Type, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Unit Pack) Forecast by End User, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 40: East Asia Market Volume (Unit Pack) Forecast by Product Type, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 42: East Asia Market Volume (Unit Pack) Forecast by End User, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Unit Pack) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Unit Pack) Forecast by Product Type, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Unit Pack) Forecast by End User, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by End User, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Unit Pack) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 9: Global Market Volume (Unit Pack) Analysis by Product Type, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 13: Global Market Volume (Unit Pack) Analysis by End User, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 16: Global Market Attractiveness by Product Type, 2024 to 2034
Figure 17: Global Market Attractiveness by End User, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by End User, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 27: North America Market Volume (Unit Pack) Analysis by Product Type, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 31: North America Market Volume (Unit Pack) Analysis by End User, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 34: North America Market Attractiveness by Product Type, 2024 to 2034
Figure 35: North America Market Attractiveness by End User, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by End User, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 45: Latin America Market Volume (Unit Pack) Analysis by Product Type, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 49: Latin America Market Volume (Unit Pack) Analysis by End User, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Product Type, 2024 to 2034
Figure 53: Latin America Market Attractiveness by End User, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by End User, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 63: Western Europe Market Volume (Unit Pack) Analysis by Product Type, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 67: Western Europe Market Volume (Unit Pack) Analysis by End User, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Product Type, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by End User, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by End User, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Unit Pack) Analysis by Product Type, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Unit Pack) Analysis by End User, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Product Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by End User, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by End User, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Unit Pack) Analysis by Product Type, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Unit Pack) Analysis by End User, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Product Type, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by End User, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by End User, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 117: East Asia Market Volume (Unit Pack) Analysis by Product Type, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 121: East Asia Market Volume (Unit Pack) Analysis by End User, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Product Type, 2024 to 2034
Figure 125: East Asia Market Attractiveness by End User, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by End User, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Unit Pack) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Unit Pack) Analysis by Product Type, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Unit Pack) Analysis by End User, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Product Type, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by End User, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The Bowie-Dick test kit market is poised to reach USD 410.0 million by 2034.
The Bowie-Dick test kit market will advance at a CAGR of 6.5% until 2034.
Based on end-use industry, the pharmaceutical & medical device companies yield a market share of 75.4%.
The Bowie-Dick test kit market will reach USD 218.2 million by 2024.
The United States is estimated to reach US$ 72.9 million by 2034, leading the Bowie-Dick test kit market.
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