Global Covid-19 Sample Collection Kits Market Size & Outlook
Global covid-19 sample collection kits market, 2020-2030 (US$M)
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Global covid-19 sample collection kits market highlights
- The global covid-19 sample collection kits market generated a revenue of USD 5,824.7 million in 2022 and is expected to reach USD 1,260.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of -17.4% by 2030.
- In terms of segment, swabs accounted for a revenue of USD 2,490.2 million in 2022.
- Swabs is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, Kuwait is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 5,824.7 million |
| Market revenue in 2030 | USD 1,260.5 million |
| Growth rate | -17.4% (CAGR from 2022 to 2030) |
| Largest segment | Swabs |
| Fastest growing segment | Swabs |
| Historical data covered | 2020 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Viral Transport Media, Blood Collection Kits, Other Consumables Products, Swabs |
Other key industry trends
- In terms of revenue, the North America accounted for 19.1% of the global covid-19 sample collection kits market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 2.0 million by 2030.
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Covid-19 Sample Collection Kits Market Scope
Covid-19 Sample Collection Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global covid-19 sample collection 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 sample collection kits market will help companies and investors design strategic landscapes.
Swabs was the largest segment with a revenue share of 42.75% in 2022. Horizon Databook has segmented the Global covid-19 sample collection kits market based on viral transport media, blood collection kits, other consumables products, swabs covering the revenue growth of each sub-segment from 2020 to 2030.
Key market participants are constantly accelerating the production and supply of sample collection kits, which is expected to drive the market over the forecast period. Emerging and small-sized market players, such as COPAN Diagnostics and Puritan Medical Products, are ramping up their manufacturing capabilities to address the rising need for swabs and VTM.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global covid-19 sample collection kits market , including forecasts for subscribers. This global databook contains high-level insights into Global covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Global covid-19 sample collection kits market size, by regions, 2020-2030 (US$M)
Top 10 countries: Covid-19 sample collection kits market size, 2022 (US$M)
Global covid-19 sample collection kits market share, by product, 2022 & 2030 (%, US$M)
Covid-19 sample collection kits market: Opportunity assessment by country
Global covid-19 sample collection kits market, by region, 2022 (US$M)
| Product | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,113.3 | 1,241.3 | 1,110.6 | 981.9 | 857.6 | 739.8 | 630.3 | 530.3 | 424.5 | 322.4 | 231.7 | -17.8% |
| Europe | 2,310.7 | 2,567.9 | 2,290.1 | 2,017.8 | 1,756.3 | 1,510.0 | 1,282.0 | 1,074.8 | 857.2 | 648.7 | 464.5 | -18.1% |
| Asia Pacific | 1,407.2 | 1,597.2 | 1,454.5 | 1,308.5 | 1,162.8 | 1,020.6 | 884.5 | 756.8 | 616.1 | 475.8 | 347.6 | -16.4% |
| Latin America | 526.7 | 593.8 | 537.3 | 480.3 | 424.2 | 370.0 | 318.8 | 271.2 | 219.5 | 168.5 | 122.4 | -16.9% |
| MEA | 428.4 | 480.3 | 432.2 | 384.2 | 337.5 | 292.8 | 250.9 | 212.3 | 170.9 | 130.5 | 94.3 | -17.3% |
| Overall | 5,786.1 | 6,480.5 | 5,824.7 | 5,172.8 | 4,538.4 | 3,933.1 | 3,366.5 | 2,845.3 | 2,288.0 | 1,745.9 | 1,260.5 | -17.4% |
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