Germany Covid-19 Sample Collection Kits Market Size & Outlook
Germany covid-19 sample collection kits market, 2020-2030 (US$M)
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Germany covid-19 sample collection kits market highlights
- The Germany covid-19 sample collection kits market generated a revenue of USD 575.3 million in 2022 and is expected to reach USD 116.5 million by 2030.
- The Germany 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.
Covid-19 sample collection kits market data book summary
| Market revenue in 2022 | USD 575.3 million |
| Market revenue in 2030 | USD 116.5 million |
| Growth rate | -18.1% (CAGR from 2022 to 2030) |
| Largest segment | Swabs |
| Fastest growing segment | Swabs |
| 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, Germany accounted for 9.9% 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 Europe, Germany covid-19 sample collection kits market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 39.5 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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Germany 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 42.92% in 2022. Horizon Databook has segmented the Germany 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.
With comparatively low mortality rate and large-scale testing, Germany has responded well to the SARS-CoV-2 pandemic. As of May, laboratories in Germany are performing 160,000 tests per week, as per data published in Labmate.
The German government agencies intend to increase the number of daily tests in the coming months. To support this, private laboratories in the country are performing around 50,000 tests per day. This is anticipated to increase the demand for COVID-19 sample collection kits in the country due to increased number of tests.
Some of the key companies operating in the country are QIAGEN, Copan Diagnostics, and Thermo Fisher Scientific. These companies are expected to witness a healthy increase in sales due to increased demand for testing swabs and transport mediums.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany covid-19 sample collection kits market , including forecasts for subscribers. This country databook contains high-level insights into Germany covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Germany covid-19 sample collection kits market size, by product, 2020-2030 (US$M)
Germany Covid-19 Sample Collection Kits Market Outlook Share, 2022 & 2030 (US$M)
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