South Africa Covid-19 Sample Collection Kits Market Size & Outlook
South Africa covid-19 sample collection kits market, 2020-2030 (US$M)
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South Africa covid-19 sample collection kits market highlights
- The South Africa covid-19 sample collection kits market generated a revenue of USD 54.3 million in 2022 and is expected to reach USD 13.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of -16% 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 54.3 million |
| Market revenue in 2030 | USD 13.5 million |
| Growth rate | -16% (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, South Africa accounted for 0.9% 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 Middle East & Africa, Saudi Arabia covid-19 sample collection kits market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 13.5 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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South Africa 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 43.28% in 2022. Horizon Databook has segmented the South Africa 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.
South Africa has witnessed a growth in the number of positive cases in the past month. However, the number of tests carried out in the country was lower than other countries such as U.S., India, UK and others. To overcome this situation, the South African government implemented an aggressive testing strategy.
According to World ometer, as of 19th May 2020, 8,022 tests were being conducted per million people. This increasing number is anticipated to positively impact market growth. Furthermore, Africa CDC is planning to speed up the production of COVID-19 test kits in South Africa.
In April 2020, the Partnership to Accelerate COVID-19 Testing (PACT) was launched by Africa CDC. Such initiatives are anticipated to contribute to increase in use of sample collection kits in South Africa.
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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 country-level data and insights on the South Africa covid-19 sample collection kits market , including forecasts for subscribers. This country databook contains high-level insights into South Africa covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa covid-19 sample collection kits market size, by product, 2020-2030 (US$M)
South Africa Covid-19 Sample Collection Kits Market Outlook Share, 2022 & 2030 (US$M)
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