Bacterial and Viral Specimen Collection Market Size Worth $38.85 Billion by 2027 | CAGR: 14.4%

The global bacterial and viral specimen collection market size is expected to reach USD 38.85 billion by 2027 according to a new study by Polaris Market Research. The report “Bacterial and Viral Specimen Collection Market Share, Size, Trends, Industry Analysis Report, Product (Bacterial, Viral); By Application (Diagnostics, Research), End-Use (Hospitals & Clinics, Home Testing, Research Laboratories), By Regions; Segment Forecast, 2020 - 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global bacterial and viral specimen collection market is projected to grow at the rapid pace owing to the recent surge in infectious diseases, concerned investments in the transport media, and positive government policies. Furthermore, emergence of COVID-19 pandemic and the sudden surge need for viral specimen collection kits is expected to drive the market growth.

The growing production of specimen collection products owing to the increasing incidences of COVID-19 infections across the developed and developing economies is expected to drive demand. Furthermore, the rising demand for rapid medical diagnostic kits owing to high accuracy and quicker results is likely to complement the demand for specimen collection products over the forecast period.

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Segment Highlights

• The bacterial segment is estimated to account for largest revenue share in the global bacterial and viral specimen collection market owing to the government sponsored immunization and growing bacterial infections across the globe
• Diagnostic application segment accounted for the largest share in 2019 on account of the growing need for specimen collection products with the emergence of COVID-19 pandemic along with increasing prevalence of tuberculosis across developing economies
  
  
• On the basis of end-use, home tests segment is expected to witness fastest growth over the forecast period owing to the availability of wide range of home-based diagnostics products across the developed and developing economies
  
  
• North America accounted for the highest revenue share in 2019 owing to the presence of improved healthcare infrastructure in terms of microbial specimen collection and highly standardized and technologically enhanced laboratories

List of Key Players

• Puritan Medical Products
• Hardy Diagnostics
• Becton, Dickinson and Company
• DiaSorin
• COPAN Diagnostics
• Thermo Fisher Scientific, Inc.
• Others

Polaris Market Research has segmented the bacterial and viral specimen collection market report on the basis of product, application, end-use, and region

Bacterial and Viral Specimen Collection, By Product Outlook (Revenue - USD Million, 2016 - 2027)

• Bacterial Specimen Collection
  • Swabs
  • Bacterial Transport Media
  • Blood Collection Kits
  • Others
• Viral Specimen Collection
  • Swabs
  • Bacterial Transport Media
  • Blood Collection Kits
  • Others

Bacterial and Viral Specimen Collection, By Application Outlook (Revenue - USD Million, 2016 - 2027)

• Diagnosis
• Research

Bacterial and Viral Specimen Collection, By End-Use Outlook (Revenue - USD Million, 2016 - 2027)

• Hospitals and Clinics
• Home Testing
• Research Laboratories

Bacterial and Viral Specimen Collection Regional Outlook (Revenue - USD Million, 2016 - 2027)

• North America
  • U.S.
  • Canada
• Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Austria
• Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
• Central & South America
  • Mexico
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa