Sri Lanka Covid-19 Detection Poc Kits Market Size & Outlook
Sri Lanka covid-19 detection poc kits market, 2020-2030 (US$M)
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Sri Lanka covid-19 detection poc kits market highlights
- The Sri Lanka covid-19 detection poc kits market generated a revenue of USD 29.2 million in 2022 and is expected to reach USD 19.4 million by 2030.
- The Sri Lanka market is expected to grow at a CAGR of -5% 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 29.2 million |
| Market revenue in 2030 | USD 19.4 million |
| Growth rate | -5% (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, Sri Lanka accounted for 0.8% 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 Asia Pacific, India covid-19 detection poc kits market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 272.5 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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Sri Lanka 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 58.22% in 2022. Horizon Databook has segmented the Sri Lanka 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.
As of September 2022, according to World meter, the number of COVID-19 cases in Sri Lanka reached 670,773; around 6,486,117 COVID-19 tests were conducted in the country. This indicates the largescale implementation of COVID-19 diagnostic tests in the country.
In addition, in July 2021, the country received 500,000 rapid diagnostics tests from the U.S. as of its commitment to help Sri Lanka’s fight against COVID-19. These tests are worth USD 1.5 million and were delivered via the U.S. Agency for International Development (USAID).
Moreover, in December 2020, WHO provided around 100,000 rapid antigen detection tests to support COVID-19 surveillance activities in the country. Moreover, WHO stated that additional 100,000 rapid antigen tests would be provided in the coming days.
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Horizon Databook provides a detailed overview of country-level data and insights on the Sri Lanka covid-19 detection poc kits market , including forecasts for subscribers. This country databook contains high-level insights into Sri Lanka covid-19 detection poc kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Sri Lanka covid-19 detection poc kits market size, by type, 2020-2030 (US$M)
Sri Lanka COVID-19 Detection PoC Kits Market Outlook Share, 2022 & 2030 (US$M)
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