Exploring Virology Specimen Collection Market Size and Growth Insights: Puritan Medical Products Co., Becton, Dickinson and Company, Quidel Corporation, Thermo Fisher Scientific Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Virology Specimen Collection Global Market Report 2023 identifies the growing number of blood donations is the major driver for the virology specimen collection market's growth in the forecast period. With the growing number of blood samples, there is a rise in the examination and detection of viruses in the blood using the virology specimen collection method. For instance, according to WHO, a specialized agency of the United Nations responsible for international public health, in 2020, of the 118.5 million blood donations collected globally, 40% of these are collected in high-income countries, home to 16% of the world's population

The global virology specimen collection market size grew from $5.79 billion in 2022 to $6.13 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global virology specimen collection market is expected to grow to $7.2 billion in 2027 at a CAGR of 4.1%.

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Major competitors in the virology specimen collection market are Puritan Medical Products Co., Becton, Dickinson and Company, Quidel Corporation, Thermo Fisher Scientific Inc., Trinity Biotech, Titan Biotech Ltd.

A key trend in the virology specimen collection market includes technology development. Technological advancements, ranging from automated sample isolation to real-time amplification technology, have enabled the development and introduction of systems for the majority of clinically relevant viruses, as well as the acquisition of clinically relevant information for optimal antiviral treatment options. For instance, in 2020, BD (Becton, Dickinson, and Company), a leading worldwide medical technology company, announced that the BD Vacutainer UltraTouchTM Push Button Blood Collection Set (BCS) with Preattached Holder has received the CE mark in Europe.

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The virology specimen collection market is segmented -

1) By Product Type: Blood Collection Kits, Specimen Collection Tubes, Viral Transport Media, Swabs

2) By Sample: Blood Samples, Nasopharyngeal Samples, Throat Samples, Nasal Sampls, Cervical Samples, Oral Samples, Other Samples

3) By Method: Manual, Automated

4) By Application: Diagnostic, Therapeutic

5) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the virology specimen collection market share.

The Business Research Company's "Global Virology Specimen Collection Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Virology Specimen Collection Market Include:
1. Executive Summary
2. Virology Specimen Collection Market Characteristic
3. Virology Specimen Collection Market Trends And Strategies
4. Virology Specimen Collection Market - Macro Economic Scenario
5. Virology Specimen Collection Market Size And Growth
……………
27. Virology Specimen Collection Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Virology Specimen Collection Market
29. Virology Specimen Collection Market Future Outlook And Potential Analysis
30. Appendix

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