As of now, the world is battling Covid-19. The name “Covid-19” says “Corona Virus Disease -2019” as the first traces were found in human body in 2019.
The term “Corona Virus” is coined regarding the family of viruses that get transmitted between humans and animals. As such, they are also called “zoonotic viruses”.
By the end of Mar 2020, the WHO confirmed that Covid-19 outbreak has spread to 213 countries across 6 continents.
The common symptoms observed are dry cough, fatigue, fever, sore throat, shortness of breath, body pain/ache, and even diarrhea in a few cases. At times, runny nose and nausea are also observed.
Till recently, this infection was reported to spread from person to person through saliva or nasal discharge, especially on the infected person sneezing or coughing. However, of late, WHO issued guidelines for airborne transmission as well. The time between a person getting exposed to Covid-19 and onset of symptoms is usually 12-14 days.
RT PCR (Reverse Trascriptase PCR) remains the preferred mode of treatment for coronavirus testing. This technique is advantageous such that primers used can be produced with utmost speed.
As such, multiplex RT PCR is the most preferred diagnostic test with regards to Covid-19. Many molecular diagnostics companies are focusing on developing affordable RT PCR tests.
Along the above-mentioned lines, efforts are being taken by certain players to cater to the increasing number of Covid-19 affected patients. They are likely to substantiate the Covid-diagnostics market in the forecast period (2020 to 2030).
For instance –
Apart from the market players, educational and research institutes are putting their best foot forward to develop safer and quicker coronavirus diagnostic test kits.
For instance –
Recently, several people who had shown no symptoms of Covid-19 have been reported to have contracted Covid-19. This has actually put the healthcare personnel in a fix, as there is no way out other than mass testing.
To enable this testing at a large scale, Covid-19 testing kits also need to be available in large numbers. For instance – Roche’s testing head mentioned that demand for equipment for processing Covid-19 tests has increased to the levels it would normally see over 4 to 5 years.
On these grounds, the company is planning to introduce novel antibody tests by the end of 2020 to widen its offering pertaining to the same.
Moreover, local players across the globe are trying their best to table Covid-19 test kits, so that detection gets speeded up and so do the medications. For instance – In Apr 2020, FastSense Diagnostics, an India-based start-up, developed rapid diagnostic kits to screen Covid-19.
Similarly, South Korea-based SD Biosensor, in Apr 2020, obtained the license to produce Covid-19 test kits in India. Also, Voxtur Bio, around the same time, started manufacturing rapid test kits to address Covid-19.
The Covid-19 pandemic has taken the entire world on a ride. As of now, the US, Russia, Italy, Spain, Brazil, India, Australia are amongst the worst affected countries. As such, North America, Europe, Latin America, Oceania, Asia-Pacific – all the continents are battling Covid-19. Right now, there are 14,971,036 confirmed cases, inclusive of 618,017 deaths, as reported by the WHO.
Americas is top-seeded with 7,948,513, Europe stands second with 3,124,701, and South-East Asia with 1,571,317 confirmed cases. So, Americas are requiring the highest number of Covid-19 test kits. The status quo is expected to remain the same in the subsequent quarters as it will definitely take time for Covid-19 to reach the “below par” mark.
Also, Switzerland and Czech Republic have increasing testing capacity on their part in the last few months. As far as Asia Pacific is concerned, profitable partnership initiatives amongst India, South Korea, Japan regarding penetration of Covid-19 diagnostic products are expected to bolster the market
The key players are into accelerating production as well as supply of Covid-10 diagnostic test kits for keeping pace with requirement for disease containment. For example – Roche, in Mar 2020, did initiate shipment of Cobas SARS-CoV-2 test kits’ first allotment.
Around 400,000 test kits were shipped all across the US hospitals and reference laboratories. Likewise, it started shipping additional 400,000 additional test kits every week.
Likewise, the players are working on collaborative approach to cope with Covid-19 crisis and also expand business. For instance, Quest Diagnostics, in May 2020, collaborated with Ortho Clinical Diagnostics with the objective of expanding Covid-19 testing across 20+ labs all through the US. Ortho’s VITROS Immunodiagnostic products Anti-SARS-CoV-2 IgG test for speeding up Covid-19 testing in the patients.
The other major players include:
The Covid-19 diagnostics market is expected to go strong in the upcoming period. Even when a vaccine is eventually developed, testing will still be around, as inoculating entire population will take time.
The market players are already on to the expansion spree in terms of production of diagnostic kits. However, they need to devise ways to mellow down on the costs, which is one of the most competitive factors for them at the global level. The local players are already giving them a tough fight in this regard.
Table 01: Global Market Volume (in '000 Unit) Analysis 2015-2019 and Forecast 2020-2030, By Region
Table 02: Global Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020–2030 By Product Type
Table 03: Global Market Volume (in '000 Unit) Analysis 2015-2019 and Forecast 2020-2030, By Product Type
Table 04: Global Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020–2030 By Sample Type
Table 05: Global Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020–2030 By Technology
Table 06: Global Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020–2030 By End User
Table 07: Global Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020–2030 By Region
Table 08: North America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Country
Table 09: North America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Product Type
Table 10: North America Market Volume (in '000 Unit) Analysis 2015-2019 and Forecast 2020-2030, By Product Type
Table 11: North America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Sample Type
Table 12: North America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Technology
Table 13: North America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By End User
Table 14: Latin America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Country
Table 15: Latin America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Product Type
Table 16: Latin America Market Volume (in '000 Unit) Analysis 2015-2019 and Forecast 2020-2030, By Product Type
Table 17: Latin America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Sample Type
Table 18: Latin America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Technology
Table 19: Latin America Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By End User
Table 20: Europe Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Country
Table 21: Europe Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Product Type
Table 22: Europe Market Volume (in '000 Unit) Analysis 2015-2019 and Forecast 2020-2030, By Product Type
Table 23: Europe Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Sample Type
Table 24: Europe Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Technology
Table 25: Europe Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By End User
Table 26: South Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Country
Table 27: South Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Product Type
Table 28: South Asia Market Volume (in '000 Unit) Analysis 2015-2019 and Forecast 2020-2030, By Product Type
Table 29: South Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Sample Type
Table 30: South Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Technology
Table 31: South Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By End User
Table 32: East Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Country
Table 33: East Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Product Type
Table 34: East Asia Market Volume (in '000 Unit) Analysis 2015-2019 and Forecast 2020-2030, By Product Type
Table 35: East Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Sample Type
Table 36: East Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Technology
Table 37: East Asia Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By End User
Table 38: Oceania Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Country
Table 39: Oceania Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Product Type
Table 40: Oceania Market Volume (in '000 Unit) Analysis 2015-2019 and Forecast 2020-2030, By Product Type
Table 41: Oceania Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Sample Type
Table 42: Oceania Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Technology
Table 43: Oceania Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By End User
Table 44: MEA Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Country
Table 45: MEA Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Product Type
Table 46: MEA Market Volume (in '000 Unit) Analysis 2015-2019 and Forecast 2020-2030, By Product Type
Table 47: MEA Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Sample Type
Table 48: MEA Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By Technology
Table 49: MEA Market Value (US$ Mn) Analysis 2015–2019 and Forecast 2020-2030 By End User
Figure 01: Global Market Volume (in '000 Unit) Analysis, 2015–2019
Figure 02: Global Market Volume (in '000 Unit) & Y-o-Y Growth (%) Analysis, 2020–2030
Figure 03: Global Market Value Share, By Product Type, 2019 (A)
Figure 04: Global Market Value Share, By Sample Type, 2019 (A)
Figure 05: Global Market Value Share, By Technology, 2019 (A)
Figure 06: Global Market Value Share, By End User, 2019 (A)
Figure 07: Global drugs Market Value Analysis 2015-2019 & 2020-2030
Figure 08: Global drugs Market Y-O-Y Growth Analysis By Region
Figure 09: Global Drugs Market Value Analysis and Forecast, 2020–2030 (US$ Mn)
Figure 10: Global Drugs Market Absolute $ Opportunity (US$ Mn), 2015–2019
Figure 11: Global Drugs Market Absolute $ Opportunity (US$ Mn), 2020–2030
Figure 12: Global Drugs Market Share Analysis (%) By Product Type, 2020 & 2030
Figure 13: Global Drugs Market Y-o-Y Growth (%) By Product Type, 2020–2030
Figure 14: Global Drugs Market Attractiveness Analysis By Product Type, 2020–2030
Figure 15: Global Drugs Market Share Analysis (%) By Sample Type, 2020 & 2030
Figure 16: Global Drugs Market Y-o-Y Growth (%) By Sample Type, 2020–2030
Figure 17: Global Drugs Market Attractiveness Analysis By Sample Type, 2020–2030
Figure 18: Global Drugs Market Share Analysis (%) By Technology, 2020 & 2030
Figure 19: Global Drugs Market Y-o-Y Growth (%) By Technology, 2020–2030
Figure 20: Global Drugs Market Attractiveness Analysis By Technology, 2020–2030
Figure 21: Global Drugs Market Share Analysis (%) By End User, 2020 & 2030
Figure 22: Global Drugs Market Y-o-Y Growth (%) By End User, 2020–2030
Figure 23: Global Drugs Market Attractiveness Analysis By End User, 2020–2030
Figure 24: Global Drugs Market Share Analysis (%) By Region, 2020 & 2030
Figure 25: Global Drugs Market Y-o-Y Growth (%) By Region, 2020–2030
Figure 26: Global Drugs Market Attractiveness Analysis By Region, 2020–2030
Figure 27: North America Drugs Market Value Analysis, 2015–2019
Figure 28: North America Drugs Market Forecast & Y-o-Y growth, 2020–2030
Figure 29: North America Drugs Market Attractiveness Analysis By Country, 2020-2030
Figure 30: North America Drugs Market Attractiveness Analysis By Product Type, 2020-2030
Figure 31: North America Drugs Market Attractiveness Analysis By Sample Type, 2020-2030
Figure 32: North America Drugs Market Attractiveness Analysis By Technology, 2020-2030
Figure 33: North America Drugs Market Attractiveness Analysis By End User, 2020-2030
Figure 34: Latin America Drugs Market Value Analysis, 2015–2019
Figure 35: Latin America Drugs Market Forecast & Y-o-Y growth, 2020–2030
Figure 36: Latin America Drugs Market Attractiveness Analysis By Country, 2020-2030
Figure 37: Latin America Drugs Market Attractiveness Analysis By Product Type, 2020-2030
Figure 38: Latin America Drugs Market Attractiveness Analysis By Sample Type, 2020-2030
Figure 39: Latin America Drugs Market Attractiveness Analysis By Technology, 2020-2030
Figure 40: Latin America Drugs Market Attractiveness Analysis By End User, 2020-2030
Figure 41: Europe Drugs Market Value Analysis, 2015–2019
Figure 42: Europe Drugs Market Forecast & Y-o-Y growth, 2020–2030
Figure 43: Europe Drugs Market Attractiveness Analysis By Country, 2020-2030
Figure 44: Europe Drugs Market Attractiveness Analysis By Product Type, 2020-2030
Figure 45: Europe Drugs Market Attractiveness Analysis By Sample Type, 2020-2030
Figure 46: Europe Drugs Market Attractiveness Analysis By Technology, 2020-2030
Figure 47: Europe Drugs Market Attractiveness Analysis By End User, 2020-2030
Figure 48: South Asia Drugs Market Value Analysis, 2015–2019
Figure 49: South Asia Drugs Market Forecast & Y-o-Y growth, 2020–2030
Figure 50: South Asia Drugs Market Attractiveness Analysis By Country, 2020-2030
Figure 51: South Asia Drugs Market Attractiveness Analysis By Product Type, 2020-2030
Figure 52: South Asia Drugs Market Attractiveness Analysis By Sample Type, 2020-2030
Figure 53: South Asia Drugs Market Attractiveness Analysis By Technology, 2020-2030
Figure 54: South Asia Drugs Market Attractiveness Analysis By End User, 2020-2030
Figure 55: East Asia Drugs Market Value Analysis, 2015–2019
Figure 56: East Asia Drugs Market Forecast & Y-o-Y growth, 2020–2030
Figure 57: East Asia Drugs Market Attractiveness Analysis By Country, 2020-2030
Figure 58: East Asia Drugs Market Attractiveness Analysis By Product Type, 2020-2030
Figure 59: East Asia Drugs Market Attractiveness Analysis By Sample Type, 2020-2030
Figure 60: East Asia Drugs Market Attractiveness Analysis By Technology, 2020-2030
Figure 61: East Asia Drugs Market Attractiveness Analysis By End User, 2020-2030
Figure 62: Oceania Drugs Market Value Analysis, 2015–2019
Figure 63: Oceania Drugs Market Forecast & Y-o-Y growth, 2020–2030
Figure 64: Oceania Drugs Market Attractiveness Analysis By Country, 2020-2030
Figure 65: Oceania Drugs Market Attractiveness Analysis By Product Type, 2020-2030
Figure 66: Oceania Drugs Market Attractiveness Analysis By Sample Type, 2020-2030
Figure 67: Oceania Drugs Market Attractiveness Analysis By Technology, 2020-2030
Figure 68: Oceania Drugs Market Attractiveness Analysis By End User, 2020-2030
Figure 69: MEA Drugs Market Value Analysis, 2015–2019
Figure 70: MEA Drugs Market Forecast & Y-o-Y growth, 2020–2030
Figure 71: MEA Drugs Market Attractiveness Analysis By Country, 2020-2030
Figure 72: MEA Drugs Market Attractiveness Analysis By Product Type, 2020-2030
Figure 73: MEA Drugs Market Attractiveness Analysis By Sample Type, 2020-2030
Figure 74: MEA Drugs Market Attractiveness Analysis By Technology, 2020-2030
Figure 75: MEA Drugs Market Attractiveness Analysis By End User, 2020-2030
Figure 76: US Market Value Share, By Product Type, 2020 (E)
Figure 77: US Market Value Share, By Sample Type, 2020 (E)
Figure 78: US Market Value Share, By Technology, 2020 (E)
Figure 79: US Market Value Share, By End User, 2020 (E)
Figure 80: Canada Market Value Share, By Product Type, 2020 (E)
Figure 81: Canada Market Value Share, By Sample Type, 2020 (E)
Figure 82: Canada Market Value Share, By Technology, 2020 (E)
Figure 83: Canada Market Value Share, By End User, 2020 (E)
Figure 84: Brazil Market Value Share, By Product Type, 2020 (E)
Figure 85: Brazil Market Value Share, By Sample Type, 2020 (E)
Figure 86: Brazil Market Value Share, By Technology, 2020 (E)
Figure 87: Brazil Market Value Share, By End User, 2020 (E)
Figure 88: Mexico Market Value Share, By Product Type, 2020 (E)
Figure 89: Mexico Market Value Share, By Sample Type, 2020 (E)
Figure 90: Mexico Market Value Share, By Technology, 2020 (E)
Figure 91: Mexico Market Value Share, By End User, 2020 (E)
Figure 92: Germany Market Value Share, By Product Type, 2020 (E)
Figure 93: Germany Market Value Share, By Sample Type, 2020 (E)
Figure 94: Germany Market Value Share, By Technology, 2020 (E)
Figure 95: Germany Market Value Share, By End User, 2020 (E)
Figure 96: Italy Market Value Share, By Product Type, 2020 (E)
Figure 97: Italy Market Value Share, By Sample Type, 2020 (E)
Figure 98: Italy Market Value Share, By Technology, 2020 (E)
Figure 99: Italy Market Value Share, By End User, 2020 (E)
Figure 100: France Market Value Share, By Product Type, 2020 (E)
Figure 101: France Market Value Share, By Sample Type, 2020 (E)
Figure 102: France Market Value Share, By Technology, 2020 (E)
Figure 103: France Market Value Share, By End User, 2020 (E)
Figure 104: U.K. Market Value Share, By Product Type, 2020 (E)
Figure 105: U.K. Market Value Share, By Sample Type, 2020 (E)
Figure 106: U.K. Market Value Share, By Technology, 2020 (E)
Figure 107: U.K. Market Value Share, By End User, 2020 (E)
Figure 108: Spain Market Value Share, By Product Type, 2020 (E)
Figure 109: Spain Market Value Share, By Sample Type, 2020 (E)
Figure 110: Spain Market Value Share, By Technology, 2020 (E)
Figure 111: Spain Market Value Share, By End User, 2020 (E)
Figure 112: BENELUX Market Value Share, By Product Type, 2020 (E)
Figure 113: BENELUX Market Value Share, By Sample Type, 2020 (E)
Figure 114: BENELUX Market Value Share, By Technology, 2020 (E)
Figure 115: BENELUX Market Value Share, By End User, 2020 (E)
Figure 116: Russia Market Value Share, By Product Type, 2020 (E)
Figure 117: Russia Market Value Share, By Sample Type, 2020 (E)
Figure 118: Russia Market Value Share, By Technology, 2020 (E)
Figure 119: Russia Market Value Share, By End User, 2020 (E)
Figure 120: China Market Value Share, By Product Type, 2020 (E)
Figure 121: China Market Value Share, By Sample Type, 2020 (E)
Figure 122: China Market Value Share, By Technology, 2020 (E)
Figure 123: China Market Value Share, By End User, 2020 (E)
Figure 124: Japan Market Value Share, By Product Type, 2020 (E)
Figure 125: Japan Market Value Share, By Sample Type, 2020 (E)
Figure 126: Japan Market Value Share, By Technology, 2020 (E)
Figure 127: Japan Market Value Share, By End User, 2020 (E)
Figure 128: South Korea Market Value Share, By Product Type, 2020 (E)
Figure 129: South Korea Market Value Share, By Sample Type, 2020 (E)
Figure 130: South Korea Market Value Share, By Technology, 2020 (E)
Figure 131: South Korea Market Value Share, By End User, 2020 (E)
Figure 132: India Market Value Share, By Product Type, 2020 (E)
Figure 133: India Market Value Share, By Sample Type, 2020 (E)
Figure 134: India Market Value Share, By Technology, 2020 (E)
Figure 135: India Market Value Share, By End User, 2020 (E)
Figure 136: Australia Market Value Share, By Product Type, 2020 (E)
Figure 137: Australia Market Value Share, By Sample Type, 2020 (E)
Figure 138: Australia Market Value Share, By Technology, 2020 (E)
Figure 139: Australia Market Value Share, By End User, 2020 (E)
Figure 140: New Zealand Market Value Share, By Product Type, 2020 (E)
Figure 141: New Zealand Market Value Share, By Sample Type, 2020 (E)
Figure 142: New Zealand Market Value Share, By Technology, 2020 (E)
Figure 143: New Zealand Market Value Share, By End User, 2020 (E)
Figure 144: GCC Countries Market Value Share, By Product Type, 2020 (E)
Figure 145: GCC Countries Market Value Share, By Sample Type, 2020 (E)
Figure 146: GCC Countries Market Value Share, By Technology, 2020 (E)
Figure 147: GCC Countries Market Value Share, By End User, 2020 (E)
Figure 148: South Africa Market Value Share, By Product Type, 2020 (E)
Figure 149: South Africa Market Value Share, By Sample Type, 2020 (E)
Figure 150: South Africa Market Value Share, By Technology, 2020 (E)
Figure 151: South Africa Market Value Share, By End User, 2020 (E)
Figure 152: Turkey Market Value Share, By Product Type, 2020 (E)
Figure 153: Turkey Market Value Share, By Sample Type, 2020 (E)
Figure 154: Turkey Market Value Share, By Technology, 2020 (E)
Figure 155: Turkey Market Value Share, By End User, 2020 (E)
The covid-19 diagnostics market is likely to secure a CAGR of 7.7% through 2032.
The covid-19 diagnostics market size is estimated to cross USD 204.51 Billion by 2032.
The covid-19 diagnostics market is likely to record a value of USD 97.4 Billion in 2022.
Europe is likely to lead the covid-19 diagnostics market.
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Covid-19 Diagnostics Market
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