Nigeria Covid-19 Detection Poc Kits Market Size & Outlook

The covid-19 detection poc kits market in Nigeria is expected to reach a projected revenue of US$ 2.6 million by 2030. A compound annual growth rate of -5.1% is expected of Nigeria covid-19 detection poc kits market from 2023 to 2030.
Revenue, 2022 (US$M)
$3.9
Forecast, 2030 (US$M)
$2.6
CAGR, 2023 - 2030
-4.9%
Report Coverage
Nigeria

Nigeria covid-19 detection poc kits market highlights

  • The Nigeria covid-19 detection poc kits market generated a revenue of USD 3.9 million in 2022 and is expected to reach USD 2.6 million by 2030.
  • The Nigeria market is expected to grow at a CAGR of -5.1% 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 2022USD 3.9 million
Market revenue in 2030USD 2.6 million
Growth rate-5.1% (CAGR from 2022 to 2030)
Largest segmentNasopharyngeal (np) swab
Fastest growing segmentOropharyngeal (OP) swab
Historical data2020 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNasopharyngeal (NP) swab, Oropharyngeal (OP) swab, Nasal Swabs, Saliva
Key market players worldwideAbbott 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, Nigeria accounted for 0.1% 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 Middle East & Africa, Saudi Arabia covid-19 detection poc kits market is projected to lead the regional market in terms of revenue in 2030.
  • Nigeria is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.6 million by 2030.

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COVID-19 Detection PoC Kits Market Scope

Covid-19 detection poc kits market segmentation & scope
Nasopharyngeal (NP) swab
Oropharyngeal (OP) swab
Nasal Swabs
Saliva
Rapid Testing Kits
Point of Care Testing Devices
RT- PCR Testing
Hospitals
Homecare
Diagnostic Centers and Clinics
Other End Use

COVID-19 Detection PoC Kits Market Companies

Name Profile # Employees HQ Website

Nigeria 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 61.54% in 2022. Horizon Databook has segmented the Nigeria 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.


Owing to the shortage of testing capacity and supplies, the country adopted a risk-based testing strategy that targeted individuals experiencing COVID-19 symptoms. During the pandemic, Nigeria rapidly improved its COVID-19 testing capability and enhanced turnaround times for COVID-19 tests.

However, as of July 2022, the country had a limited supply of imported materials, preventing several citizens from getting tested. Misinformation and persistent stigma about COVID-19 have also been major barriers to boosting COVID-19 testing.

Furthermore, increasing government initiatives to boost COVID-19 vaccination and removal of COVID-19 testing mandates for travelers may limit the use of PoC testing. For instance, in March 2022, the Presidential Steering Committee on COVID-19 announced that fully vaccinated travelers to the country were exempted from mandatory RT-PCR tests.

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  • Our clientele includes a mix of covid-19 detection poc kits market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Nigeria covid-19 detection poc kits market , including forecasts for subscribers. This country databook contains high-level insights into Nigeria covid-19 detection poc kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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Nigeria covid-19 detection poc kits market size, by type, 2020-2030 (US$M)

Nigeria COVID-19 Detection PoC Kits Market Outlook Share, 2022 & 2030 (US$M)

Nigeria covid-19 detection poc kits market size, by type, 2020-2030 (US$M)

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