UK Covid-19 Detection Poc Kits Market Size & Outlook
UK covid-19 detection poc kits market, 2020-2030 (US$M)
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UK covid-19 detection poc kits market highlights
- The UK covid-19 detection poc kits market generated a revenue of USD 188.6 million in 2022 and is expected to reach USD 117.8 million by 2030.
- The UK market is expected to grow at a CAGR of -5.7% 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 188.6 million |
| Market revenue in 2030 | USD 117.8 million |
| Growth rate | -5.7% (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, UK accounted for 5.4% 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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UK 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 57.58% in 2022. Horizon Databook has segmented the UK 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.
According to the UK Government, as of September 2022, the country reached a capacity of 7,628,357 tests per million. This high number indicated large-scale testing of suspected COVID-19 carriers in the country. In May 2020, UK health agencies approved Roche's SARS-CoV-2 serology assay for use in the country.
The government worked with the company to accelerate distribution and testing processes. Such initiatives undertaken by government bodies are anticipated to contribute to market growth. In March 2021, Omega Diagnostics and Global Access Diagnostics partnered with the UK Government for the supply of COVID-19 lateral flow tests.
The companies are expected to manufacture 200 million antigen tests. Furthermore, Amazon and Boots have been delivering home test kits in the country since March 2020. To support COVID-19 testing, the Government imported 400,000 diagnostic kits from South Korea in April 2020.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK covid-19 detection poc kits market , including forecasts for subscribers. This country databook contains high-level insights into UK covid-19 detection poc kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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UK covid-19 detection poc kits market size, by type, 2020-2030 (US$M)
UK COVID-19 Detection PoC Kits Market Outlook Share, 2022 & 2030 (US$M)
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