North America COVID-19 detection kits market size to accrue USD 1.7 billion by 2026
A thorough study conducted on ‘North America COVID-19 Detection Kits Market’ highlights various factors contributing towards the industry remuneration scale. It throws light on challenges and restraints which are likely to arrest the market growth.
Selbyville, Delaware, Jan. 19, 2021 (GLOBE NEWSWIRE) -- According to the reliable estimates, North America COVID-19 detection kits market valuation is projected to surpass USD 1.7 billion by the year 2026. The significant surge can be credited to constantly increasing cases of coronavirus infection across the continent.
Moreover, the market landscape is dissected with respect to specimen type, product gamut, and end-user terrain, in order to understand the contribution of each segment towards the overall industry size. The report enumerates regional market share and entails details about the established players in the industry sphere.
The COVID-19 pandemic which emerged from China, and spread across the globe, making North America one of the worst hit regions. As the number of positive cases are escalating, the government is emphasizing on increasing the testing rate, so as to identify and quarantine the infected people to curb the spread of the disease, hence boosting the demand for COVID-19 detection kits in North America.
*Request Sample copy of this Report @ *https://www.marketstudyreport.com/request-a-sample/2683095/
Moreover, large geriatric population base, who are more susceptible to COVID-19, and increasing populace with weakened immunity due to comorbidities like COPD, diabetes, and hypertension are stimulating the expansion of North America COVID-19 detection kits market outlook.
*Elucidating product terrain:*
Industry experts cite that TR-PCR essay kits segment of North America COVID-19 detection kits industry held momentous revenue share in 2020, which is predicted to grow with a CAGR of 21% over the stipulated timeframe. The product is preferred over immunoassay test owing to superior sensitivity and specificity of the former.
*As per specimen type:*
Oropharyngeal swab segment accounted for 28% revenue share of North America COVID-19 detection kits market in 2020 and is slated to growth further in the ensuing years, pertaining to the ease of use, and considerable sensitivity for COVID-19 virus.
*Highlighting end-use gamut:*
Analysts claim that North America COVID-19 detection kits market share from hospitals is reckoned to record a y-o-y growth rate of 17% through 2026, on account of patient inclination towards hospitals for diagnosis and treatment of coronavirus ailment. These healthcare facilities employ trained professionals and are well-equipped with ventilators and devices necessary for effective treatment.
*To access a sample copy or view this report in detail along with the table of contents, please click the link below: *
https://www.marketstudyreport.com/reports/north-america-covid-19-detection-kits-market-statistics
*Outlining regional dashboard:*
As per expert verbatim, the United States COVID-19 detection kits industry size is anticipated to expand at 21% CAGR over 2020-2026, attributable to unchecked spread of the virus, in consort with presence of major vendors in the region, ensuring uninterrupted supply of testing kits.
*North America COVID-19 Detection Kits Market by Product Gamut (Revenue, USD Million, 2020-2026)*
· Immunoassay Test Strips/ Cassettes
· RT-PCR Assay Kits
*North America COVID-19 Detection Kits Market by Specimen Type (Revenue, USD Million, 2020-2026)*
· Nasal Swab
· Oropharyngeal Swab
· Nasopharyngeal Swab
· Others
*North America COVID-19 Detection Kits Market End-use Terrain (Revenue, USD Million, 2020-2026)*
· Diagnostic Centers
· Hospitals
· Others
*North America COVID-19 Detection Kits Market Country-level Segmentation (Revenue, USD Million, 2020-2026)*
· Canada
· United States
*North America COVID-19 Detection Kits Market Competitive Hierarchy (Revenue, USD Million, 2020-2026)*
· Thermo Fisher Scientific
· QIAGEN N.V.
· GenMark Diagnostics Inc.
· F. Hoffmann-La Roche AG
· Co-Diagnostics Inc.
· Cepheid
· BioFire Diagnostics LLC
· Abbott Laboratories
*Table of Content:*
*Chapter 1. Methodology*
1.1. Definition and forecast parameters
1.1.1. Definitions
1.1.2. Methodology and forecast parameters
1.2. Data sources
1.3. References & sources
1.3.1. Secondary
1.3.2. Primary
*Chapter 2. Executive Summary*
2.1. North America COVID-19 detection kits industry 360A? synopsis, 2020 - 2026
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Specimen type trends
2.1.4. End-use trends
2.1.5. Regional trends
*Chapter 3. Industry Insights*
3.1. Industry segmentation
3.2. Industry outlook, 2020 - 2026
3.3. Major factor analysis
3.3.1. Drivers
3.3.1.1. Rising incidences of COVID-19
3.3.1.2. Increasing technological advancements in diagnostics
3.3.1.3. High risk of infection in the geriatric population
3.3.1.4. Rising government and industry participants initiatives
3.3.2. Restraints & challenges
3.3.2.1. High cost of custom nucleic acid detection equipment
3.4. Regulatory landscape
3.4.1. U.S.
3.5. Portera??s analysis
3.6. Competitive review, 2020
3.7. PEST analysis
*Chapter 4. North America COVID-19 Detection Kits Market Share, By Product*
4.1. Key trends in North America COVID-19 detection kits, by product
4.2. RT-PCR assay kits
4.2.1. Market estimates and forecast, by country, 2020 a?? 2026 (USD Million)
4.2.2. Market estimates and forecast, by country, 2020 a?? 2026 (Units)
4.3. Immunoassay test strips/cassettes
4.3.1. Market estimates and forecast, by country, 2020 a?? 2026 (USD Million)
4.3.2. Market estimates and forecast, by country, 2020 a?? 2026 (Units)
*Chapter 5. North America COVID-19 Detection Kits Market Size, By Specimen Type*
5.1. Key trends in North America COVID-19 detection kits, by specimen type
5.2. Nasopharyngeal swab
5.2.1. Market estimates and forecast, by country, 2020 a?? 2026 (USD Million)
5.3. Oropharyngeal swab
5.3.1. Market estimates and forecast, by country, 2020 a?? 2026 (USD Million)
5.4. Nasal swab
5.4.1. Market estimates and forecast, by country, 2020 a?? 2026 (USD Million)
5.5. Others
5.5.1. Market estimates and forecast, by country, 2020 a?? 2026 (USD Million)
*Chapter 6. North America COVID-19 Detection Kits Market Growth, By End-use*
6.1. Key trends in North America COVID-19 detection kits, by end-use
6.2. Hospitals
6.2.1. Market estimates and forecast, by country, 2020 a?? 2026 (USD Million)
6.3. Diagnostic centers
6.3.1. Market estimates and forecast, by country, 2020 a?? 2026 (USD Million)
6.4. Others
6.4.1. Market estimates and forecast, by country, 2020 a?? 2026 (USD Million)
*Chapter 7. North America COVID-19 Detection Kits Market Value, By Country*
*Related Report:
*
*Asia Pacific COVID-19 Detection Kits Market Share, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026*
Asia-Pacific COVID-19 detection kits market is poised to record a remuneration of USD 1.8 billion by the year 2026. Increasing count of positive cases, with China being worst hit and India following closely, owing to substantially high population density are impelling the demand for COVID-19 detection kits. Many APAC countries are taking desperate measures to increase their screening and testing capacity. Favorable government initiatives are encouraging detection kits manufacturing companies to spike-up their production capacity, which is likely to enhance the market outlook.*
*
*About US:*
Market Study Report, LLC. is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.
*Contact Us:*
Corporate Sales,
Market Study Report LLC
Phone: 1-302-273-0910
Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
News: http://business-newsupdate.com/
CONTACT: Contact Us:
Corporate Sales,
Market Study Report LLC
Phone: 1-302-273-0910
Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
News: http://business-newsupdate.com/