Canada Covid-19 Sample Collection Kits Market Size & Outlook
Canada covid-19 sample collection kits market, 2020-2030 (US$M)
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Canada covid-19 sample collection kits market highlights
- The Canada covid-19 sample collection kits market generated a revenue of USD 124.0 million in 2022 and is expected to reach USD 30.5 million by 2030.
- The Canada market is expected to grow at a CAGR of -16.1% from 2023 to 2030.
- In terms of segment, swabs was the largest revenue generating product in 2022.
- Viral Transport Media is the most lucrative product segment registering the fastest growth during the forecast period.
Covid-19 sample collection kits market data book summary
| Market revenue in 2022 | USD 124.0 million |
| Market revenue in 2030 | USD 30.5 million |
| Growth rate | -16.1% (CAGR from 2022 to 2030) |
| Largest segment | Swabs |
| Fastest growing segment | Viral Transport Media |
| Historical data | 2020 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Viral Transport Media, Blood Collection Kits, Other Consumables Products, Swabs |
| Key market players worldwide | Becton Dickinson & Co, Thermo Fisher Scientific Inc, Labcorp Holdings Inc, Trinity Biotech PLC ADR, QuidelOrtho Corp, Quest Diagnostics Inc, Danaher Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 2.1% of the global covid-19 sample collection kits market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. covid-19 sample collection kits market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 30.5 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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Canada 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 43.31% in 2022. Horizon Databook has segmented the Canada 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.
The number of COVID-19 cases in Canada is increasing, which is expected to boost the number of testing processes in the country. Canadian health agencies have started testing the population for the COVID-19, leading to an increase in demand for swabs and transport mediums.
Testing rates in the country are consistently increasing. In addition, the country has lowest death rate in North America. Early detection can be key to improving the overall recovery rate. This indicates the increased testing for COVID-19, in turn, leading to an increased demand for sample collection kits.
Some of the key companies operating in Canada are Copan Diagnostics, Puritan Medical Products, Becton Dickinson, Thermo Fisher Scientific, and Quidel Corporation. FDA approval for their products is anticipated to propel the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada covid-19 sample collection kits market , including forecasts for subscribers. This country databook contains high-level insights into Canada covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Canada covid-19 sample collection kits market size, by product, 2020-2030 (US$M)
Canada Covid-19 Sample Collection Kits Market Outlook Share, 2022 & 2030 (US$M)
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