Europe Covid-19 Sample Collection Kits Market Size & Outlook
Europe covid-19 sample collection kits market, 2020-2030 (US$M)
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Europe covid-19 sample collection kits market highlights
- The Europe covid-19 sample collection kits market generated a revenue of USD 2,290.1 million in 2022.
- The market is expected to grow at a CAGR of -18.1% from 2023 to 2030.
- In terms of segment, swabs was the largest revenue generating product in 2022.
- Swabs is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 2,290.1 million |
| Market revenue in 2030 | USD 464.5 million |
| Growth rate | -18.1% (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 |
| 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, Europe region accounted for 39.3% of the global covid-19 sample collection kits market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 347.6 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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Europe 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 42.66% in 2022. Horizon Databook has segmented the Europe 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.
As of 18th May 2020, Europe accounts for the second highest number of COVID19 cases in the world. Owing to this, Europe is estimated to account for the major revenue share the COVID-19 sample collection kit market. Most of the European countries have been severely hit by the pandemic over the past few months.
As the severity of the pandemic is increasing, many countries are ramping up COVID-19 testing, which is anticipated to drive the region’s market. Furthermore, several European countries, including Spain, Italy, and the Netherlands, have rejected Chinese-made COVID-19 testing kits due to their poor quality.
Some of the leading companies operating in the region are Copan Diagnostics, Puritan Medical Products, Thermo Fisher Scientific, and Becton Dickinson. In addition, companies such as Hardy Diagnostics and Quidel Corporation have rapidly introduced molecular diagnostic tests for the detection of COVID-19.
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Our clientele includes a mix of covid-19 sample collection kits market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe covid-19 sample collection kits market , including forecasts for subscribers. This continent databook contains high-level insights into Europe covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Europe covid-19 sample collection kits market size, by country, 2020-2030 (US$M)
Europe Covid-19 Sample Collection Kits Market Outlook Share, 2022 & 2030 (US$M)
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