Press release
Revolutionizing COVID-19 Screening: The Emergence of Saliva-based Testing in the Market
Introduction:The COVID-19 pandemic has significantly impacted healthcare systems worldwide, with a huge demand for rapid and accurate diagnostic tests. Saliva-based screening tests for COVID-19 have emerged as a promising alternative to the traditional nasal swab tests due to their non-invasiveness, ease of use, and reduced risk of exposure to healthcare workers. The COVID-19 saliva-based screening market is a growing industry, driven by factors such as increasing demand for COVID-19 diagnostic tests, advancements in technology, and the need for more accurate and efficient testing methods.
Market Size and Growth Trends:
Worldwide revenue from the COVID-19 saliva-based screening market stands at US$ 2.1 Bn in 2022, with the global market estimated to decline at a CAGR of -1.5% to reach US$ 1.6 Bn by the end of 2033. The market is segmented by end-user, including hospitals and clinics, diagnostic laboratories, and others. Diagnostic laboratories are the largest segment of the market, accounting for around 60% of the market share.
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Market Segmentation:
The COVID-19 saliva-based screening market can be segmented based on test type, end-user, and region.
• By test type, the market can be segmented into antigen tests and PCR tests.
• By end-user, the market can be segmented into hospitals, clinics, diagnostic laboratories, and others.
• By region, the market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Drivers and Challenges:
The increasing demand for COVID-19 diagnostic tests due to the ongoing pandemic is the major driver of the global COVID-19 saliva-based screening market. In addition, advancements in technology such as the development of point-of-care testing devices, and the need for more accurate and efficient testing methods are also driving the market.
However, the market faces challenges such as the lack of standardization in testing protocols, the need for more clinical validation studies, and the potential for false negative results due to low viral loads in saliva samples.
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Opportunities:
The growing demand for COVID-19 diagnostic tests and the need for more accurate and efficient testing methods present significant opportunities for the global COVID-19 saliva-based screening market. The development of point-of-care testing devices and the standardization of testing protocols can improve the accuracy and efficiency of saliva-based screening tests.
In addition, the potential use of saliva-based tests for the detection of other infectious diseases and the development of personalized medicine based on the analysis of individual saliva samples present significant opportunities for the market.
Regional Analysis:
North America is expected to dominate the COVID-19 saliva-based screening market due to the high adoption of this test and the presence of major market players in the region. The market is also expected to witness significant growth in Europe and the Asia Pacific due to the increasing demand for diagnostic tests and the rising number of COVID-19 cases in these regions.
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Key Players:
The key players in the COVID-19 saliva-based screening market include
• Thermo Fisher Scientific
• Qiagen
• Hologic
• Takara Bio Inc
• Arcis Biotechnology Limited
• GeneProof
• Abacus ALS
• Chai Inc.
• Kolplast Group
• Lucence Health Inc
• Vitagene
• Therma Bright Inc
• ACON Laboratories, Inc
• Others
The COVID-19 saliva-based screening market is a growing industry, driven by factors such as increasing demand for COVID-19 diagnostic tests, advancements in technology, and the need for more accurate and efficient testing methods. Despite challenges such as the lack of standardization in testing protocols and the potential for false negative results, the growing demand for COVID-19 diagnostic tests and the potential use of saliva-based tests for the detection of other infectious diseases present significant opportunities for the market.
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