India Covid-19 Sample Collection Kits Market Size & Outlook
India covid-19 sample collection kits market, 2020-2030 (US$M)
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India covid-19 sample collection kits market highlights
- The India covid-19 sample collection kits market generated a revenue of USD 203.2 million in 2022 and is expected to reach USD 54.3 million by 2030.
- The India market is expected to grow at a CAGR of -15.2% 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 203.2 million |
| Market revenue in 2030 | USD 54.3 million |
| Growth rate | -15.2% (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, India accounted for 3.5% 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 Asia Pacific, China covid-19 sample collection kits market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 54.3 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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India 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 42.72% in 2022. Horizon Databook has segmented the India 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.
India has been expanding its testing capability for COVID-19. As of 29th May 2020, the number of COVID-19 tests carried out in India crossed 17 million. As per a statement by the Indian Health Minister; the country has reached its daily capacity of 100,000 tests, with 504 laboratories performing the tests throughout the country.
On 8th April 2020, the Supreme Court of India ordered private clinics to offer the tests for free, 145 private laboratories are performing the tests in the country. The Indian Council of Medical Research (ICMR) permitted the use of two types of testing kits that require swabs and blood collection kits.
Such factors are anticipated to increase the demand for testing swabs and blood collection kits in the country. In March 2020, MyLab Discovery was the first Indian company to receive Emergency Use Authorization for its COVID-19 diagnostic kits.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India covid-19 sample collection kits market , including forecasts for subscribers. This country databook contains high-level insights into India covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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India covid-19 sample collection kits market size, by product, 2020-2030 (US$M)
India Covid-19 Sample Collection Kits Market Outlook Share, 2022 & 2030 (US$M)
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