COVID Testing Kit Market

The global COVID Testing Kit market, which was valued at $15.08 billion in 2020, is projected to decline to $1.36 billion by 2028, reflecting a compound annual growth rate (CAGR) of -33.3% from 2021 to 2028. Despite this overall decline, the market is anticipated to experience substantial growth between 2020 and 2023. This growth can be attributed to various macro and microeconomic factors, including substantial government and private funding, as well as strong support for research and development initiatives.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Type (Rapid Test Kit, RT-PCR, Others)
By Application (Hospitals, Clinics, Others)

Key players

Abbott
BioMérieux
Bio-Rad Laboratories, Inc
Hoffmann-La Roche Ltd
Siemens
Biomedomics Inc
Zhejiang Orient Gene Biotech Co. Ltd
Cellex
Qiagen
Guangzhou Wondfo Biotech


Chapter 1. Executive Summary
Chapter 2. Scope Of The Study
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Objectives of Report
Chapter 3. Evolve BI Methodology
Chapter 4. Market Insights and Trends
4.1. Supply/ Value Chain Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat Of New Entrants
4.2.2. Bargaining Power Of Buyers
4.2.3. Bargaining Power Of Suppliers
4.2.4. Threat Of Substitutes
4.2.5. Industry Rivalry
4.3. Impact of COVID-19 on COVID Testing Kit Market
4.3.1. Impact on Market Size
4.3.2. End User Trend, Preferences, and Budget Impact
4.3.3. Regulatory Framework/Government Policies
4.3.4. Key Players Strategy to Tackle Negative Impact
4.3.5. Opportunity Window
Chapter 5. Market Dynamics
5.1. Introduction
5.2. DRO Analysis
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
Chapter 6. Global COVID Testing Kit Market, By Type
6.1. Introduction
6.2. Rapid Test Kit
6.3. RT-PCR
6.3. Others
Chapter 7. Global COVID Testing Kit Market, By Application
7.1. Introduction
7.2. Hospitals
7.3. Clinics
7.4. Others
Chapter 8. Global COVID Testing Kit Market, By Region
8.1. Introduction
8.2. North America
8.2.1. Introduction
8.2.2. Driving Factors, Opportunity Analyzed and Key Trends
8.2.3. Market Size and Forecast, By Country, 2020 - 2028
8.2.4. Market Size and Forecast, By Type, 2020 - 2028
8.2.5. Market Size and Forecast, By Application, 2020 – 2028
8.2.6. US
8.2.6.1. Introduction
8.2.6.2. Driving Factors, Opportunity Analyzed and Key Trends
8.2.6.3. Market Size and Forecast, By Type, 2020 - 2028
8.2.6.4. Market Size and Forecast, By Application, 2020 - 2028
8.2.7. Canada
8.2.7.1. Introduction
8.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
8.2.7.3. Market Size and Forecast, By Type, 2020 - 2028
8.2.7.4. Market Size and Forecast, By Application, 2020 - 2028
8.3. Europe
8.3.1. Introduction
8.3.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.3. Market Size and Forecast, By Country, 2020 - 2028
8.3.4. Market Size and Forecast, By Type, 2020 - 2028
8.3.5. Market Size and Forecast, By Application, 2020 – 2028
8.3.6. Germany
8.3.6.1. Introduction
8.3.6.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.6.3. Market Size and Forecast, By Type, 2020 - 2028
8.3.6.4. Market Size and Forecast, By Application, 2020 - 2028
8.3.7. France
8.3.7.1. Introduction
8.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.7.3. Market Size and Forecast, By Type, 2020 - 2028
8.3.7.4. Market Size and Forecast, By Application, 2020 - 2028
8.3.8. UK
8.3.8.1. Introduction
8.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.8.3. Market Size and Forecast, By Type, 2020 - 2028
8.3.8.4. Market Size and Forecast, By Application, 2020 - 2028
8.3.9. Italy
8.3.9.1. Introduction
8.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.9.3. Market Size and Forecast, By Type, 2020 - 2028
8.3.9.4. Market Size and Forecast, By Application, 2020 - 2028
8.3.10. Rest Of Europe
8.3.10.1. Introduction
8.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.10.3. Market Size and Forecast, By Type, 2020 - 2028
8.3.10.4. Market Size and Forecast, By Application, 2020 - 2028
8.4. Asia-Pacific
8.4.1. Introduction
8.4.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.3. Market Size and Forecast, By Country, 2020 - 2028
8.4.4. Market Size and Forecast, By Type, 2020 - 2028
8.4.5. Market Size and Forecast, By Application, 2020 - 2028
8.4.6. China
8.4.6.1. Introduction
8.4.6.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.6.3. Market Size and Forecast, By Type, 2020 - 2028
8.4.6.4. Market Size and Forecast, By Application, 2020 - 2028
8.4.7. India
8.4.7.1. Introduction
8.4.7.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.7.3. Market Size and Forecast, By Type, 2020 - 2028
8.4.7.4. Market Size and Forecast, By Application, 2020 - 2028
8.4.8. Japan
8.4.8.1. Introduction
8.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.8.3. Market Size and Forecast, By Type, 2020 - 2028
8.4.8.4. Market Size and Forecast, By Application, 2020 - 2028
8.4.9. South Korea
8.4.9.1. Introduction
8.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.9.3. Market Size and Forecast, By Type, 2020 - 2028
8.4.9.4. Market Size and Forecast, By Application, 2020 - 2028
8.4.10. Rest Of Asia-Pacific
8.4.10.1. Introduction
8.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.10.3. Market Size and Forecast, By Type, 2020 - 2028
8.4.10.4. Market Size and Forecast, By Application, 2020 - 2028
8.5. Rest Of The World (RoW)
8.5.1. Introduction
8.5.2. Driving Factors, Opportunity Analyzed and Key Trends
8.5.3. Market Size and Forecast, By Type, 2020 - 2028
8.5.4. Market Size and Forecast, By Application, 2020 - 2028
8.5.5. Market Size and Forecast, By Region, 2020 - 2028
8.5.6. South America
8.5.6.1. Introduction
8.5.6.2. Driving Factors, Opportunity Analyzed and Key Trends
8.5.6.3. Market Size and Forecast, By Type, 2020 - 2028
8.5.6.4. Market Size and Forecast, By Application, 2020 - 2028
8.5.7. Middle East and Africa
8.5.7.1. Introduction
8.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
8.5.7.3. Market Size and Forecast, By Type, 2020 - 2028
8.5.7.4. Market Size and Forecast, By Application, 2020 - 2028
Chapter 9. Competitive Landscape
9.1. Introduction
9.2. Vendor Share Analysis, 2020/Key Players Positioning, 2020
Chapter 10. Company Profiles
10.1. Abbott
10.1.1. Business Overview
10.1.2. Financial Analysis
10.1.3. Product Portfolio
10.1.4. Recent Development and Strategies Adopted
10.1.5. SWOT Analysis
10.2. BioMérieux
10.2.1. Business Overview
10.2.2. Financial Analysis
10.2.3. Product Portfolio
10.2.4. Recent Development and Strategies Adopted
10.2.5. SWOT Analysis
10.3. Bio-Rad Laboratories, Inc
10.3.1. Business Overview
10.3.2. Financial Analysis
10.3.3. Product Portfolio
10.3.4. Recent Development and Strategies Adopted
10.3.5. SWOT Analysis
10.4. F. Hoffmann-La Roche Ltd
10.4.1. Business Overview
10.4.2. Financial Analysis
10.4.3. Product Portfolio
10.4.4. Recent Development and Strategies Adopted
10.4.5. SWOT Analysis
10.5. Siemens
10.5.1. Business Overview
10.5.2. Financial Analysis
10.5.3. Product Portfolio
10.5.4. Recent Development and Strategies Adopted
10.5.5. SWOT Analysis
10.6. Biomedomics Inc
10.6.1. Business Overview
10.6.2. Financial Analysis
10.6.3. Product Portfolio
10.6.4. Recent Development and Strategies Adopted
10.6.5. SWOT Analysis
10.7. Zhejiang Orient Gene Biotech Co. Ltd
10.7.1. Business Overview
10.7.2. Financial Analysis
10.7.3. Product Portfolio
10.7.4. Recent Development and Strategies Adopted
10.7.5. SWOT Analysis
10.8. Cellex
10.8.1. Business Overview
10.8.2. Financial Analysis
10.8.3. Product Portfolio
10.8.4. Recent Development and Strategies Adopted
10.8.5. SWOT Analysis
10.9. Qiagen
10.9.1. Business Overview
10.9.2. Financial Analysis
10.9.3. Product Portfolio
10.9.4. Recent Development and Strategies Adopted
10.9.5. SWOT Analysis
10.10. Guangzhou Wondfo Biotech
10.10.1. Business Overview
10.10.2. Financial Analysis
10.10.3. Product Portfolio
10.10.4. Recent Development and Strategies Adopted
10.10.5. SWOT Analysis
Chapter 11. Key Takeaways

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