PUBLISHER: TechNavio | PRODUCT CODE: 1910960
PUBLISHER: TechNavio | PRODUCT CODE: 1910960
The global coronavirus test kits market is forecasted to grow by USD -989.4 mn during 2025-2030, decelerating at a CAGR of -61.7% during the forecast period. The report on the global coronavirus test kits market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by endemic status of sars-cov-2 and continuous viral evolution, integration of covid-19 testing into multiplex respiratory panels, government preparedness, strategic stockpiling, and biodefense initiatives.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Decelerate |
| YOY 2026 | -65.6% |
| CAGR | -61.7% |
| Incremental Value | $-989.4 mn |
Technavio's global coronavirus test kits market is segmented as below:
By End-User
By Type
By Application
Geography
This study identifies the strategic shift from pandemic response to endemic syndromic testing as one of the prime reasons driving the global coronavirus test kits market growth during the next few years. Also, maturation and diversification of at-home and point-of-care segment and heightened global focus on supply chain sovereignty and pandemic preparedness will lead to sizable demand in the market.
The report on the global coronavirus test kits market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global coronavirus test kits market vendors that include Abbott Laboratories, AdvaCare Pharma, BGI Group, Bio Rad Laboratories Inc., Biomedomics Inc, BioMerieux SA, Cellex Inc., Danaher Corp., Dynamiker Biotech Co. Ltd., F. Hoffmann La Roche Ltd., Mylab Discovery Ltd., QIAGEN N.V., QuidelOrtho Corp., Robert Bosch GmbH, Safecare Biotech Co. Ltd., Siemens AG, Thermo Fisher Scientific Inc., Unisys Corp.. Also, the global coronavirus test kits market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.