United States coronavirus testing kits market are anticipated to show a robust growth in the upcoming five years, 2022-2026. The market growth is projected to grow with an impressive CAGR owing to the attributes like increasing instances of COVID-19 virus in the country as well as all around the world. Moreover, the coronavirus testing kits are also beneficial for the testing of the other infectious diseases. Thus, increasing instances of the infectious diseases in the country is also driving the growth of the United States coronavirus testing kit market in the upcoming five years. Moreover, the surge in demand is also experienced due to early diagnostic requests as well as the increased concerns of the death rate the virus and other infectious disease causes. In the recent outbreak of COVID-19, almost 587 thousand deaths are already caused since March 2020.
Coronavirus Testing Kits often contains a sample collection material, testing serum (in case of molecular tests), and protective gears for the technicians. The ongoing novel coronavirus disease (COVID-19) is caused due to SARS-COV-2 and generally spreads from animals to humans and then from humans to humans. The disease has an efficiency of spreading into a pandemic. It was first discovered in December 2019 in the Wuhan City, China and by March 2020 it was declared to be a pandemic due its widespread by the World Health Organization, WHO.
The United States coronavirus testing kits market is segmented by type of test, use, full test time, technology, specimen type, mobility, end user, company and region. Based on type of test, the market is further bifurcated into molecular and serological testing. Molecular testing kits are anticipated to hold the larger share of the market owing to the early diagnostic advantage the kit provides for the samples. Although serological testing kits are also anticipated to hold the significant hold of the market shares owing to the requirement of the plasma for the treatment of the diseases. Molecular testing includes tests like RT-PCR which is a molecular based testing procedure that uses samples like nasopharyngeal specimen, and oropharyngeal specimen. These testing kits separates the viral genetic material to identify the infection. Whereas serological testing kits includes laboratory procedures to isolate antigens and antibodies present in the blood samples.
Holding the largest market revenue shares are a partial list of market players that includes Roche Diagnostics Corporation, Abbott Laboratories, Inc., Becton, Dickinson, and Company, Siemens Medical Solutions USA, Inc., Thermo Fischer Scientific, Inc., Danaher Corporation, Bio-Rad Laboratories, Ltd., Ortho-Clinical Diagnostics, Inc., PerkinElmer Inc., Qiagen Inc., among others. The market players have rapidly increased the production and distribution to satisfy the consumer demand. Moreover, research and development of the advanced kits that may provide faster and easier ways to test for the infectious disease and help categorize the infection level is being progressed. Other strategic recommendation includes partnerships between the market players and the research labs dedicated for the development.
Years considered for this report
Historical Years2016 – 2019
Base Year2020
Estimated Year2021
Forecast Period2022 – 2026
Objective of the Study
- To analyze the historical growth in the market size of United States Coronavirus Testing Kits market from 2016 to 2020.
- To estimate and forecast the market size of United States Coronavirus Testing Kits market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast United States Coronavirus Testing Kits market based on type of test, use, full test time, technology, specimen type, mobility, end user, regional distribution, and competitional landscape.
- To identify dominant region or segment in the United States Coronavirus Testing Kits market.
- To identify drivers and challenges for United States Coronavirus Testing Kits market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States Coronavirus Testing Kits market.
- To identify and analyze the profile of leading players operating in United States Coronavirus Testing Kits market.
- To identify key sustainable strategies adopted by market players in United States Coronavirus Testing Kits market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of United States
Key Target Audience
- Manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to Coronavirus Testing Kits products
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
