The Global Virology Specimen Collection Market is projected to reach USD 5.4 billion by 2026 from USD 5.6 billion in 2021, at a CAGR of -0.6% during the forecast period. Growth in this market is mainly driven by the rising prevalence of viral diseases, the increasing prevalence of human papillomavirus (HPV) and cervical cancer, and the growing number of blood donations.
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In 2020, viral transport media segment accounted for the largest share of the virology specimen collection industry, by product type
The market is segmented into viral transport media, swabs, blood collection kits, and specimen collection tubes. The viral transport media accounted for the largest share of the market in 2020, mainly due to the rising number of blood donations, and the emergence of new pathogens.
In 2020, nasopharyngeal sample segment accounted for the largest share in the market, by technology
The virology specimen collection market is segmented blood, cervical, nasal, nasopharyngeal, throat, oral, and other (conjunctiva, feces, nasopharyngeal aspirate or wash, urethral, urine samples, semen, sputum, and cerebrospinal fluid) samples. In 2020, nasopharyngeal samples accounted for the largest share of the market. The large share of this segment can be attributed primarily due to the fast detection of transfusion transmissible infection (TTIs), and the increasing prevalence of HPV-related cancers (all cervical cancers) & human papillomavirus (HPV).
North America is the largest regional industry for specimen collection tubes
The global virology specimen collection market has been segmented into five major regions North America, Europe, the Asia Pacific, and the Rest of the World. North America accounted for the largest regional market for virology specimen collection. The large share of North America in this market can be attributed to the increasing adoption of NAT (due to the high prevalence of TTIs), and the technological developments including portable diagnostics.
Virology Specimen Collection Market Dynamics
Market Growth Drivers
- Rising prevalence of viral diseases and emergence of newer pathogens
- Rising number of blood donations
Market Growth Opportunities
- Technological advancements
- Lucrative opportunities in emerging economies
Market Challenges
- High cost of technologies and collection kits
- Usage of low-sensitivity screening
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Recent Developments
- In June 2020, BD announced the CE Mark and market launch of the BD Vacutainer UltraTouch Blood collection set.
- In September 2020, the company launched the Thermo Scientific SpeciMAX Stabilized Saliva Collection Kit.
- In February 2020, BD announced a partnership with Babson Diagnostic to enable small-volume blood collection for diagnostic testing.
Report Objectives
- To define, describe, segment, and forecast the global virology specimen collection market by product type, sample, and region
- To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
- To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall virology specimen collection market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
- To forecast the size of the market segments with respect to five regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World
- To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
- To track and analyze company developments such as product launches, agreements, partnerships, and acquisitions in the virology specimen collection market
- To benchmark players within the market using the proprietary "Competitive Leadership Mapping" framework, which analyzes market players on various parameters within the broad categories of business and product strategy.
Key Market Players
Becton, Dickinson and Company (US), Quidel Corporation (US), Thermo Fisher Scientific Inc. (US), Trinity Biotech (Ireland), Titan Biotech Ltd. (India), Diasorin SA (Italy), Vircell S.L. (Spain), Copan Italia S.P.A (Italy), Puritan Medical Products Co. (UK), Hardy Diagnostics (US)
Report Link: ( Virology Specimen Collection Market )
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