Global Coronavirus Diagnostics Market, By Type of Test, By User, By Full Test Time, By End User, By Region, Competition, Forecast & Opportunities, 2025

New York, April 16, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Coronavirus Diagnostics Market, By Type of Test, By User, By Full Test Time, By End User, By Region, Competition, Forecast & Opportunities, 2025" - https://www.reportlinker.com/p05885384/?utm_source=GNW

The ongoing pandemic novel coronavirus disease (COVID-19) is caused due to SARS-COV-2 and generally spreads from animals to humans and then from humans to humans.The disease usually spreads from saliva droplets of the infected person or the nose discharges of the infected person when they cough or sneeze.

First case of the disease was reported in December 2019 in Wuhan, China and since then, it has spread to various parts of the world infecting millions. As of 9th April 2020, the total number of coronavirus cases crossed 1.5 million, globally, of which around 330,000 had recovered and over 88,000 people had died.

Global coronavirus diagnostics market is expected to grow at a formidable rate and cross $ 2.2 billion by 2025. The global coronavirus diagnostics market is driven by surging incidences of this disease across different parts of the globe. The market is segmented based on type of test, user, full test time, end user, company and region. Based on type of test, market can be bifurcated into molecular and serological tests. The molecular type of test segment is expected to dominate the market during forecast period. In this testing procedure, a sample from the back of the throat is taken and sent for testing. The sample undergoes a PCR test to find out the presence of virus genetic material. The PCR confirms the diagnosis of COVID-19 if it finds two genes of SARS-COV-2 virus.

Europe and North America are expected to witness significant growth during the forecast period owing to the presence of many research laboratories and pharmaceutical & biotechnology companies across the regions. Major players operating in the coronavirus diagnostics market include Roche Diagnostics, Abbott, Cepheid Inc, Bio-Rad Laboratories, Beckman Coulter, Becton, Dickinson and Company, Lonza, bioMérieux, Mammoth Biosciences, Hologic, Qiagen, GSK Biologicals, PerkinElmer, Ortho-Clinical Diagnostics, Thermo Fischer Scientific, Mylab, Altona Diagnostics and others.

Years considered for this report:

Estimated Year: 2020
Forecast Period: 2021–2025

Objective of the Study:

• To estimate and forecast the market size of global coronavirus diagnostics market from 2020 to 2025.
• To classify and forecast global coronavirus diagnostics market based on type of test, user, full test time, end user, company and regional distribution.
• To identify dominant regions and segments in the global coronavirus diagnostics market.
• To identify drivers and challenges for global coronavirus diagnostics market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global coronavirus diagnostics market.
• To identify and analyze the profile of leading players operating in global coronavirus diagnostics market.
• To identify key sustainable strategies adopted by market players in global coronavirus diagnostics market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of diagnostic players operating across the globe.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the market players which could not be identified due to the limitations of secondary research.
The analyst calculated the market size of global coronavirus diagnostics market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Coronavirus diagnostic kits manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to coronavirus diagnostics
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders, besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global coronavirus diagnostics market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, By Type of Test:
o Molecular
o Serology
• Market, By User:
o Single
o Multiple
• Market, By Full Test Time:
o Less Than 60 Minutes
o 1 Hour - 12 Hours
o 13 Hours - 24Hours
o More Than 1 Day
• Market, By End User:
o Hospitals
o Public Health Labs
o Private or Commercial Labs
o Physician Labs
o Others
• Market, By Region:
o North America
United States
Canada
Mexico
o Europe
Germany
France
United Kingdom
Italy
Spain
o Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
o Middle East & Africa
South Africa
Saudi Arabia
UAE
Iran
o South America
Brazil
Argentina
Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global coronavirus diagnostics market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p05885384/?utm_source=GNW

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