Press release
COVID-19 Testing Are Expected To Keep Market Growth Consistency At A CAGR of 2.2% By 2031
Global demand for COVID-19 saliva-based detection kits experienced significant growth, with an estimated market value of around US$ 1.6 Bn in 2021. As per Fact.MR's projections, PCR-based kits hold a substantial share of over 73% at present.Global demand for COVID-19 saliva-based detection kits expanded to reach a market value of US$ 1.4 Bn in 2020, as per Fact.MR, a market research and competitive intelligence provider.
Until now, COVID-19 specimen collection was concentrated mainly on nasopharyngeal swabs that required trained personnel on invasive procedures. By the second quarter of 2020, sample collection options increased with the inclusion of self-collected samples such as saliva.
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Competitive Landscape
Key players are focusing on expansion in emerging regions and new revised product manufacturing. The strategy of acquisition and collaborations by key manufacturers is further strengthening their market presence.
• For instance, in January 2021, Thermo Fisher Scientific acquired Mesa Biotech, a developer of hand-held test devices for COVID-19 detection. This acquisition enabled Thermo Fisher Scientific to accelerate the availability of reliable and accurate advanced molecular diagnostics at the POCT.
• Similarly, recent developments related to companies manufacturing COVID-19 saliva-based detection kits have been tracked by the team at Fact.MR, which are available in the full report.
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Key Companies Profiled
• Thermo Fisher Scientific Inc
• Qiagen
• Hologic
• Takara Bio Inc
• Arcis Biotechnology Limited
• GeneProof
• Abacus ALS
• Kolplast Group
• Vitagene
• Therma Bright Inc
• ACON Laboratories, Inc
• Assure Tech. (Hangzhou) Co., Ltd
• KYODO INTERNATIONAL INC.
• Zymo Research Corporation.
Key Segments Covered in COVID-19 Saliva-based Detection Kits Industry Research
By Product
Rapid Test Kits
PCR-based Kits
By Technology
Direct Sample to PCR
RT-qPCR
Lateral Flow Assays
By Application
COVID-19 Research
COVID-19 Diagnostics
By End User
Diagnostic Laboratories
Hospitals & Clinics
Academic and Research Institutes
Biopharma Companies
Long Term Care Facilities
Home Care Settings
Others
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Questionnaire answered in the COVID-19 Saliva-Based Detection Kits Market report include:
• How the market for COVID-19 Saliva-Based Detection Kits has grown?
• What is the present and future outlook of the global COVID-19 Saliva-Based Detection Kits on the basis of region?
• What are the challenges and opportunities for the COVID-19 Saliva-Based Detection Kits?
• Why the consumption of COVID-19 Saliva-Based Detection Kits highest in region?
• In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
• MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the COVID-19 Saliva-Based Detection Kits market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
• Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the COVID-19 Saliva-Based Detection Kits market, thus, making it different and special from other reports.
• Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
• Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the COVID-19 Saliva-Based Detection Kits market and assists to create strategies to overcome the obstacles that may hinder the growth of the COVID-19 Saliva-Based Detection Kits market.
• Leverage: The COVID-19 Saliva-Based Detection Kits market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
• Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
• Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the COVID-19 Saliva-Based Detection Kits market.
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