North America Covid-19 Sample Collection Kits Market Size & Outlook
North America covid-19 sample collection kits market, 2020-2030 (US$M)
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North America covid-19 sample collection kits market highlights
- The North America covid-19 sample collection kits market generated a revenue of USD 1,110.6 million in 2022.
- The market is expected to grow at a CAGR of -17.8% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 1,110.6 million |
| Market revenue in 2030 | USD 231.7 million |
| Growth rate | -17.8% (CAGR from 2022 to 2030) |
| Largest segment | Swabs |
| Fastest growing segment | Viral Transport Media |
| 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, North America region accounted for 19.1% 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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North America 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 43.23% in 2022. Horizon Databook has segmented the North America 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.
North America is anticipated to account for a significant share in the COVID19 sample collection kits market in 2020, owing to the rapid increase in COVID-19 cases and local presence of key market players. As a result of the pandemic, key manufacturers in the region are increasing their production capacity of testing swabs and transport mediums to cope with the surge in demand.
In April 2020, the U.S. FDA granted Emergency Use Authorization for athome COVID-19 tests, which includes the home collection option. Such factors are anticipated to drive the market by increasing the use of sample collection kits for COVID-19.
Some of the key players in this region include Copan Diagnostics, Puritan Medical Products, Thermo Fisher Scientific, and Becton Dickinson. These companies manufacture swabs and transport mediums. The U.S. FDA approved the use of products manufactured by these companies.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America covid-19 sample collection kits market , including forecasts for subscribers. This continent databook contains high-level insights into North America covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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North America covid-19 sample collection kits market size, by country, 2020-2030 (US$M)
North America Covid-19 Sample Collection Kits Market Outlook Share, 2022 & 2030 (US$M)
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