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PUBLISHER: The Business Research Company | PRODUCT CODE: 1210138

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PUBLISHER: The Business Research Company | PRODUCT CODE: 1210138

COVID-19 Detection Test Kits and Consumables Global Market Report 2023

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COVID-19 Detection Test Kits and Consumables Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on COVID-19 detection test kits and consumables market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for COVID-19 detection test kits and consumables ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The COVID-19 detection test kits and consumables market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Kits: Viral Load Testing Kits (qPCR and RT-PCR); Virus Neutralizing Assay Kits; Antibody Detection Kits (Elisa); Viral Antigen Detection Test Kits; Other Kits

2) By Consumables: Swabs; Tubes; Viral Transfer Media; Reagents; Other Consumables

3) By Specimen Type: Nose & Throat Swab; Blood; Sputum; Nasal Aspirate

4) By End Use: Hospitals; Clinics; Public Health Labs; Private And Commercial Labs; Physicians Labs; Research Institutes; Other End Uses

Companies Mentioned: Cepheid; BGI; Abbott Laboratories; BioFire Diagnostics; F. Hoffmann-La Roche

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the COVID-19 detection test kits and consumables market are: Cepheid, BGI, Abbott Laboratories, BioFire Diagnostics, F. Hoffmann-La Roche, GenMark Diagnostics, Mylab Discovery Solutions, Qiagen, Quidel Corporation, and Randox Laboratories.

The global COVID-19 detection test kits and consumables market is expected to grow from $6.21 billion in 2021 to $6.70 billion in 2022 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The COVID-19 detection test kits and consumables market is expected to grow to $8.94 billion in 2026 at a CAGR of 7.5%.

The COVID-19 detection test kits & consumables market consists of sales of nucleic acid amplification tests (NAATs) and antigen tests. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The COVID-19 detection test kits & consumables are used for the identification of novel coronavirus (SARS-CoV-2). This COVID-19 test kits & consumable uses a laboratory procedure called reverse transcription polymerase chain reaction to find the virus' genetic material (RT-PCR).

The COVID-19 detection test kits and consumables market covered in this report is segmented by kits into viral load testing kits (qPCR and RT-PCR), virus-neutralizing assay kits, antibody detection kits (ELISA), viral antigen detection test kits, and others. It is also segmented by consumables into swabs, tubes, viral transfer media, reagents, and other consumables and by specimen type into nose and throat swab, blood, sputum, and nasal aspirate. The various end-uses of COVID-19 detection test kits and consumables are hospitals, clinics, public health labs, private and commercial labs, physicians labs, research institutes, and others.

The escalating demand for cost-effective and quick COVID-19 detection kits coupled with the easing of regulatory processes for COVID-19 detection kits contributed to the growth of the COVID-19 detection kits and consumables market. With the increasing incidence of COVID-19 (SARS-CoV-2) worldwide, the outbreak was declared as a Public Health Emergency of International Concern (PHEIC) by WHO. The WHO called for research on point of care diagnostics such as Rapid Diagnostic Tests (RTDs), which are small, simple stand-alone tests for use at the community level, and that can be carried out at the site of triage and outside the hospital, by minimally trained staff, round the clock, and on single samples, providing test results within 15 minutes. In the support of the research, regulatory bodies such as US FDA have eased the COVID-19 detection kits regulatory approval process allowing manufacturers to introduce COVID-19 detection kits in the market on a fast-track basis. Therefore, with the growing number of cases globally and the immense need for rapid diagnosis, the demand for cost-effective and quick COVID-19 detection kits is growing. This factor coupled with ease of the regulatory process for COVID-19 detection kits is driving the market.

Huge demand to increase the capacity combined with a shortage of raw materials used in equipment and a reduced supply of particular reagents and consumables is expected to limit the growth of the COVID-19 detection test kits and consumables market. The pandemic outbreak resulted in lockdown all over the world which has brought shortages of raw materials and halted the supply chain of the particular reagents and consumables for the manufacturing companies as the countries depend on each other for it. For instance, Mpilo lab, the COVID-19 testing laboratory in Bulawayo has stopped conducting tests due to a critical shortage of consumables. Shortages of raw materials due to the disruption in the supply chain coupled with the high pressure to increase the production capacity to meet the demand is likely to harm the profit margins of the COVID-19 detection test kits and consumables market.

CRISPR, a new diagnostic test for COVID-19 is based on CRISPR technology and can run on nasal swabs. CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) based technologies are genomic editing technologies used for the exact detection of COVID-19 cases in an hour. The US FDA has granted Sherlock Biosciences an emergency use authorization (EUA) for the CRISPR test. The Sherlock Biosciences' CRISPR, therefore becomes the first FDA-authorized CRISPR technology on the market. Mammoth Biosciences is another company that is extensively working on this technology.

In April 2020, Co-Diagnostics, a molecular diagnostics company has signed an agreement with Promega for additional manufacturing capacity for the urgent production of its Logix Smart COVID-19 test. Promega will support Co-Diagnostics with its innovative solutions and technical support by providing test kits of its new Logix Smart COVID-19 test to meet the demand during the pandemic. Logix Smart COVID-19 test uses the Co-Primer technology of Co-Diagnostics to target the RdRp gene of the SARS-CoV-2 virus that causes the disease. The test is currently available to all clinical laboratories certified under Clinical Laboratory Improvement Amendments. Promega Corporation will begin supplying complete test kits for further distribution by Co-Diagnostics. The enhanced partnership enables Co-Diagnostics to reach additional testing facilities while leaning on Promega Corporation's extensive manufacturing capabilities and increased capacity.

The regions covered in the COVID-19 detection test kits and consumables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the COVID-19 detection test kits and consumables market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The COVID-19 detection test kits and consumables market research report is one of a series of new reports from The Business Research Company that provides COVID-19 detection test kits and consumables market statistics, including COVID-19 detection test kits and consumables industry global market size, regional shares, competitors with a COVID-19 detection test kits and consumables market share, detailed COVID-19 detection test kits and consumables market segments, market trends and opportunities, and any further data you may need to thrive in the COVID-19 detection test kits and consumables industry. This COVID-19 detection test kits and consumables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r1991

Table of Contents

1. Executive Summary

2. COVID-19 Detection Test Kits & Consumables Market Characteristics

3. COVID-19 Detection Test Kits & Consumables Market Trends And Strategies

4. COVID-19 Detection Test Kits & Consumables - Macro Economic Scenario

4.1 COVID-19 Impact On COVID-19 Detection Test Kits & Consumables

4.2 Ukraine-Russia War Impact On COVID-19 Detection Test Kits & Consumables

4.3 Impact Of High Inflation On COVID-19 Detection Test Kits & Consumables

5. COVID-19 Detection Test Kits & Consumables Market Size And Growth

  • 5.1. Global COVID-19 Detection Test Kits & Consumables Historic Market, 2017-2022, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global COVID-19 Detection Test Kits & Consumables Forecast Market, 2022-2027F, 2032F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. COVID-19 Detection Test Kits & Consumables Market Segmentation

  • 6.1. Global COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Viral load testing kits (qPCR and RT-PCR)
  • Virus neutralizing assay kits
  • Antibody detection kits (ELISA)
  • Viral antigen detection test kits
  • Other Kits
  • 6.2. Global COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Swabs
  • Tubes
  • Viral transfer media
  • Reagents
  • Other consumables
  • 6.3. Global COVID-19 Detection Test Kits & Consumables Market, Segmentation By Specimen Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Nose & Throat Swab
  • Blood
  • Sputum
  • Nasal Aspirate
  • 6.4. Global COVID-19 Detection Test Kits & Consumables Market, Segmentation By End Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Hospitals
  • clinics
  • Public Health Labs
  • Private and commercial labs
  • Physicians labs
  • Research institutes
  • others

7. COVID-19 Detection Test Kits & Consumables Market Regional And Country Analysis

  • 7.1. Global COVID-19 Detection Test Kits & Consumables Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 7.2. Global COVID-19 Detection Test Kits & Consumables Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific COVID-19 Detection Test Kits & Consumables Market

  • 8.1. Asia-Pacific COVID-19 Detection Test Kits & Consumables Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 8.3. Asia-Pacific COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China COVID-19 Detection Test Kits & Consumables Market

  • 9.1. China COVID-19 Detection Test Kits & Consumables Market Overview
  • 9.2. China COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
  • 9.3. China COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India COVID-19 Detection Test Kits & Consumables Market

  • 10.1. India COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 10.2. India COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan COVID-19 Detection Test Kits & Consumables Market

  • 11.1. Japan COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 11.2. Japan COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia COVID-19 Detection Test Kits & Consumables Market

  • 12.1. Australia COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 12.2. Australia COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia COVID-19 Detection Test Kits & Consumables Market

  • 13.1. Indonesia COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 13.2. Indonesia COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea COVID-19 Detection Test Kits & Consumables Market

  • 14.1. South Korea COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 14.2. South Korea COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe COVID-19 Detection Test Kits & Consumables Market

  • 15.1. Western Europe COVID-19 Detection Test Kits & Consumables Market Overview
  • 15.2. Western Europe COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 15.3. Western Europe COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK COVID-19 Detection Test Kits & Consumables Market

  • 16.1. UK COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 16.2. UK COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany COVID-19 Detection Test Kits & Consumables Market

  • 17.1. Germany COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 17.2. Germany COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France COVID-19 Detection Test Kits & Consumables Market

  • 18.1. France COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 18.2. France COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe COVID-19 Detection Test Kits & Consumables Market

  • 19.1. Eastern Europe COVID-19 Detection Test Kits & Consumables Market Overview
  • 19.2. Eastern Europe COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 19.3. Eastern Europe COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia COVID-19 Detection Test Kits & Consumables Market

  • 20.1. Russia COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 20.2. Russia COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America COVID-19 Detection Test Kits & Consumables Market

  • 21.1. North America COVID-19 Detection Test Kits & Consumables Market Overview
  • 21.2. North America COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 21.3. North America COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA COVID-19 Detection Test Kits & Consumables Market

  • 22.1. USA COVID-19 Detection Test Kits & Consumables Market Overview
  • 22.2. USA COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 22.3. USA COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America COVID-19 Detection Test Kits & Consumables Market

  • 23.1. South America COVID-19 Detection Test Kits & Consumables Market Overview
  • 23.2. South America COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 23.3. South America COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil COVID-19 Detection Test Kits & Consumables Market

  • 24.1. Brazil COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 24.2. Brazil COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East COVID-19 Detection Test Kits & Consumables Market

  • 25.1. Middle East COVID-19 Detection Test Kits & Consumables Market Overview
  • 25.2. Middle East COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 25.3. Middle East COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa COVID-19 Detection Test Kits & Consumables Market

  • 26.1. Africa COVID-19 Detection Test Kits & Consumables Market Overview
  • 26.2. Africa COVID-19 Detection Test Kits & Consumables Market, Segmentation By Kits, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 26.3. Africa COVID-19 Detection Test Kits & Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. COVID-19 Detection Test Kits & Consumables Market Competitive Landscape And Company Profiles

  • 27.1. COVID-19 Detection Test Kits & Consumables Market Competitive Landscape
  • 27.2. COVID-19 Detection Test Kits & Consumables Market Company Profiles
    • 27.2.1. Cepheid
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. BGI
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Abbott Laboratories
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. BioFire Diagnostics
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. F. Hoffmann-La Roche
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The COVID-19 Detection Test Kits & Consumables Market

29. COVID-19 Detection Test Kits & Consumables Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Historic And Forecast Inflation Rates
  • 30.4. Research Inquiries
  • 30.5. The Business Research Company
  • 30.6. Copyright And Disclaimer
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