Technavio has been monitoring the coronavirus test kits market and it is expected to decrease by USD 320.29 million during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Coronavirus Test Kits Market 2020-2024 (Graphic: Business Wire).
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact
Frequently Asked Questions-
What is the key factor driving the market?
The spread of COVID-19 pandemic across the globe is one of the key factors driving the market growth.
Who are the top players in the market?
Abbott Laboratories, BGI Genomics Co. Ltd., Danaher Corp., F. Hoffmann-La Roche Ltd., Hologic Inc., Laboratory Corp. of America Holdings, QIAGEN GmbH, Seegene Inc., SolGent Co. Ltd., and Thermo Fisher Scientific Inc. are some of the major market participants.
Which region is expected to hold the highest market share?
What is a major trend in the market?
Increased screening of passengers in airports is a major trend driving the market growth.
The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Abbott Laboratories, BGI Genomics Co. Ltd., Danaher Corp., F. Hoffmann-La Roche Ltd., Hologic Inc., Laboratory Corp. of America Holdings, QIAGEN GmbH, Seegene Inc., SolGent Co. Ltd., and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The spread of COVID-19 pandemic across the globe has been instrumental in driving the growth of the market.
Coronavirus Test Kits Market 2020-2024: Segmentation
Coronavirus Test Kits Market is segmented as below:
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Coronavirus Test Kits Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our coronavirus test kits market report covers the following areas:
Coronavirus Test Kits Market size
Coronavirus Test Kits Market trends
Coronavirus Test Kits Market analysis
This study identifies increased screening of passengers in airports as one of the prime reasons driving the coronavirus test kits market growth during the next few years.
Coronavirus Test Kits Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the coronavirus test kits market, including some of the vendors such as Abbott Laboratories, BGI Genomics Co. Ltd., Danaher Corp., F. Hoffmann-La Roche Ltd., Hologic Inc., Laboratory Corp. of America Holdings, QIAGEN GmbH, Seegene Inc., SolGent Co. Ltd., and Thermo Fisher Scientific Inc. Backed with competitive intelligence and benchmarking, our research reports on the coronavirus test kits market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Coronavirus Test Kits Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist coronavirus test kits market growth during the next five years
Estimation of the coronavirus test kits market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the coronavirus test kits market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of coronavirus test kits market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2020 - 2024
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by End-user
Comparison by End-user
Government - Market size and forecast 2020-2024
Non-government - Market size and forecast 2020-2024
Market opportunity by End-user
Europe - Market size and forecast 2020-2024
North America - Market size and forecast 2019-2024
Asia - Market size and forecast 2019-2024
ROW - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume Driver – Demand led growth
Market positioning of vendors
BGI Genomics Co. Ltd.
F. Hoffmann-La Roche Ltd.
Laboratory Corp. of America Holdings
SolGent Co. Ltd.
Thermo Fisher Scientific Inc.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200807005272/en/