Germany Covid-19 Detection Poc Kits Market Size & Outlook
Germany covid-19 detection poc kits market, 2020-2030 (US$M)
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Germany covid-19 detection poc kits market highlights
- The Germany covid-19 detection poc kits market generated a revenue of USD 131.6 million in 2022 and is expected to reach USD 95.4 million by 2030.
- The Germany market is expected to grow at a CAGR of -3.9% from 2023 to 2030.
- In terms of segment, nasopharyngeal (np) swab was the largest revenue generating type in 2022.
- Oropharyngeal (OP) swab is the most lucrative type segment registering the fastest growth during the forecast period.
Covid-19 detection poc kits market data book summary
| Market revenue in 2022 | USD 131.6 million |
| Market revenue in 2030 | USD 95.4 million |
| Growth rate | -3.9% (CAGR from 2022 to 2030) |
| Largest segment | Nasopharyngeal (np) swab |
| Fastest growing segment | Oropharyngeal (OP) swab |
| Historical data | 2020 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nasopharyngeal (NP) swab, Oropharyngeal (OP) swab, Nasal Swabs, Saliva |
| Key market players worldwide | Abbott Laboratories, Mylab Discovery Solutions, Converge Technology Solutions Corp, Thermo Fisher Scientific Inc, Roche, Danaher Corp, Birks Group Inc Class A, Cue Health Inc, Quest Diagnostics Inc, SD Biosensor |
Other key industry trends
- In terms of revenue, Germany accounted for 3.7% of the global covid-19 detection poc kits market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, France covid-19 detection poc kits market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 128.1 million by 2030.
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COVID-19 Detection PoC Kits Market Scope
COVID-19 Detection PoC Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany covid-19 detection poc kits market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to covid-19 detection poc kits market will help companies and investors design strategic landscapes.
Nasopharyngeal (np) swab was the largest segment with a revenue share of 57.37% in 2022. Horizon Databook has segmented the Germany covid-19 detection poc kits market based on nasopharyngeal (np) swab, oropharyngeal (op) swab, nasal swabs, saliva covering the revenue growth of each sub-segment from 2020 to 2030.
Germany was one of the key contributors to Europe’s market revenue in 2021. With comparatively lower mortality rate and intense testing efforts, Germany responded well to the early phases of the SARS-CoV-2 pandemic.
According to WHO, from January 2020 to September 2022, the overall COVID19 case count in the country was 33,312,373, with 149,948 related deaths. Laboratories in the country are engaged in the development and manufacture of COVID-19 diagnostic tests, resulting in extensive testing capabilities.
Germany is one of the most active countries in development of diagnostic tests for COVID-19 detection. In June 2021, the German Federal Institute for Drugs and Medical Devices granted special approval to three COVID-19 antigen self-test kits.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany covid-19 detection poc kits market , including forecasts for subscribers. This country databook contains high-level insights into Germany covid-19 detection poc kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Germany covid-19 detection poc kits market size, by type, 2020-2030 (US$M)
Germany COVID-19 Detection PoC Kits Market Outlook Share, 2022 & 2030 (US$M)
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