U.S. Covid-19 Sample Collection Kits Market Size & Outlook
U.S. covid-19 sample collection kits market, 2020-2030 (US$M)
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U.S. covid-19 sample collection kits market highlights
- The U.S. covid-19 sample collection kits market generated a revenue of USD 986.6 million in 2022 and is expected to reach USD 201.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of -18% 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.
Covid-19 sample collection kits market data book summary
| Market revenue in 2022 | USD 986.6 million |
| Market revenue in 2030 | USD 201.3 million |
| Growth rate | -18% (CAGR from 2022 to 2030) |
| Largest segment | Swabs |
| Fastest growing segment | Viral Transport Media |
| 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, U.S. accounted for 16.9% 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 North America, U.S. covid-19 sample collection kits market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 30.5 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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U.S. 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 43.21% in 2022. Horizon Databook has segmented the U.S. 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.
Increased production of testing swabs and transport mediums by key players, coupled with introduction of home collection kits, is a major contributor to market growth in the country. As per CDC guidelines and the U.S.
FDA approvals, the use of synthetic swabs for COVID-19 sample collection is permitted in the country. In April 2020, the U.S. FDA approved a polyester-based Q-tip-type swab developed by U.S. Cotton for the collection of nasal samples from COVID-19 suspects.
In addition, companies such as Laboratory Corporation of America (LabCorp) and Everly well, Inc. have received Emergency Use Authorization for their at-home sample collection kits. Such companies are anticipated to witness lucrative growth in the coming years.
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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 U.S. covid-19 sample collection kits market , including forecasts for subscribers. This country databook contains high-level insights into U.S. covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. covid-19 sample collection kits market size, by product, 2020-2030 (US$M)
U.S. Covid-19 Sample Collection Kits Market Outlook Share, 2022 & 2030 (US$M)
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