COVID-19 Diagnostics Market Size, Share, Trends, Industry Analysis Report: By Product Type (Reagents & Kits, Instruments, and Others), Sample Type, Test Type, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Mark

The global COVID-19 diagnostics market size is expected treach USD 7.26 billion by 2034, according ta new study by Polaris Market Research. The report “COVID-19 Diagnostics Market Size, Share, Trends, Industry Analysis Report: By Product Type (Reagents & Kits, Instruments, and Others), Sample Type, Test Type, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

The rising COVID-19 diagnostics market demand is attributed tthe need for effective testing solutions tmanage global outbreaks, high demand for rapid and accurate testing, government initiatives tincrease testing capacity, and advancements in diagnostic technologies. Opportunities exist in the growing adoption of at-home testing kits, the integration of AI and digital platforms for improved diagnostics, and the development of multiplex tests that can detect multiple infections at once.

Emerging COVID-19 diagnostics market trends such as point-of-care testing and increasing focus on detecting new virus variants are shaping the market. Overall, the market is poised for continued growth as governments, healthcare organizations, and consumers seek efficient, accessible, and scalable testing solutions tcombat the pandemic and prepare for future health challenges.

COVID-19 Diagnostics Market Report Highlights

By product type, the reagents & kits segment holds the largest share of the COVID-19 diagnostics market revenue, driven by their essential role in widespread testing, especially for PCR and rapid antigen tests. The instruments segment is registering the highest growth, fueled by advancements in automated diagnostic systems and increasing demand for high-throughput testing solutions.

Based on sample type, the swabs segment dominates the COVID-19 diagnostics market share. It is the primary method for collecting samples for molecular and antigen tests, particularly in clinical and public health settings. The blood samples segment is experiencing the highest growth, mainly due tthe increasing use of antibody and serology tests for post-infection surveillance and immunity assessment.

The molecular (RT-PCR) testing segment continues tdominate the market, regarded as the most accurate method for detecting active COVID-19 infections. However, the antigen-based testing segment is experiencing the highest growth, driven by its rapid result delivery and ease of use, especially in point-of-care and at-home settings.

North America holds the largest market share, with strong healthcare infrastructure and high testing demand, particularly in the US. Asia Pacific is the highest-growing region, driven by the rapid scaling of testing efforts in densely populated countries such as India and China, alongside innovations in point-of-care testing solutions.

Polaris Market Research has segmented the COVID-19 diagnostics market report on the basis of product type, sample type, test type, and region:

By Product Type Outlook (Revenue – USD Billion, 2020–2034)

Reagents & Kits

Instruments

Others

By Sample Type Outlook (Revenue – USD Billion, 2020–2034)

Swabs

Blood

Others

By Test Type Outlook (Revenue – USD Billion, 2020–2034)

Molecular (RT-PCR) Testing

Antigen-Based Testing

Antibody (Serology)

By Regional Outlook (Revenue – USD Billion, 2020–2034)

North America

US

Canada

Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America Show more