Bacterial and Viral Specimen Collection Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players Puritan Medical Products, Nest Scientific, Quidel, Longhorn Vaccines and Diagnostics

The global Bacterial and Viral Specimen Collection market reached a value of US$ 13.9 billion in 2021. Looking ahead, the market is expected to reach $ 37.2 billion by 2027, growing at a CAGR of 14.9% between 2022 and 2027.

Bacterial and Viral Specimen Collection Market Overview

Bacterial & Viral Specimen Collection is described as the collection of blood and other tissues from the body in order to run diagnoses to determine the illness the body is suffering from. The abundance of modern methods for conducting diagnosis, such anaerobic blood cultures that detect blood infections, diseases like Mycoplasma, Tb (Tuberculosis), and Pneumonia, etc., has made the outlook for the sector particularly alluring. To prevent bacterial contamination from the environment, the assemblage of the specimen is done with the utmost care in a clean environment. The equipment utilized should be of excellent quality to uphold the hygiene standards.

Worldwide manufacturing of viral specimen collection products has increased due to a rise in demand for diagnostic tests for COVID-19 from a number of vendors. The market for collecting bacterial and viral specimens is consequently being driven by this. According to research from April 2020, Puritan Medical Products has boosted the number of nasal swabs it produces each week for COVID-19 testing to more than 1.0 million, fueling the market's expansion. The market for bacterial and viral specimen collection is anticipated to be driven by key firms developing innovations that enable the error-free laboratory-quality specimen collection. Rapid diagnostic tests have become quite popular because they deliver precise data more quickly, enhance prescribing, and shorten hospital stays. These tests are widely regarded by medical professionals as a means of navigating a pandemic of infectious diseases that are extremely contagious, like Middle East respiratory syndrome coronavirus, Ebola, and others. This increases the use of products for collecting bacterial and viral specimens for rapid diagnostic tests.

Industry News and Updates:

14 September 2021: Cepheid has developed an automated molecular test for the qualitative detection of SARS-CoV-2--

Cepheid has developed an automated molecular test for the qualitative detection of SARS-CoV-2, the virus that causes COVID-19. The test leverages the design principles of our current Xpert Xpress Flu/RSV cartridge technology, in which multiple regions of the viral genome are targeted. The test can provide rapid detection of the current pandemic coronavirus SARS-CoV-2 in approximately 45 minutes with less than a minute of hands-on time to prepare the sample.

What are the major Applications, Types and Regions for Bacterial and Viral Specimen Collection Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Bacterial Specimen Collection


• Viral Specimen Collection

By Application, it is segmented into

• Hospitals and Clinics


• Home Test


• Research Laboratories

Bacterial and Viral Specimen Collection Market Regional Analysis

With a 43.8% revenue share in 2019, North America dominated the market for bacterial and viral specimen collecting. In this area, there is a high degree of knowledge about microbial illnesses, their diagnosis, and how to treat them effectively. This encourages widespread use of these products, increasing the region's revenue share. Government agencies' initiatives to encourage product development have a further impact on revenue growth. As of November 2019, the US HHS was funding the development of host-response testing technology through a USD 6.0 million contract with Inflammatix Inc. The business is working to create three diagnostic tests that can tell you quickly whether you have a viral or bacterial infection. This enables clinicians to decide on a patient's course of treatment earlier and with greater knowledge. The foundation of the corporations' goal to increase earlier detection is efforts like this.

The Asia Pacific market for bacterial and viral specimen collecting is predicted to grow at a rapid pace. This is a result of extensive coronavirus testing in Asian nations, particularly in India, the nation with the third-highest global effect. According to World meter statistics dated the 27th of July 2020, India had completed more than 16.0 million COVID-19 tests. One of the most common lower respiratory tract diseases in younger children in Japan is the Respiratory Syncytial Virus (RSV), which prompts the nation to respond swiftly to minimise outbreaks of RSV during epidemic RSV season.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Bacterial and Viral Specimen Collection Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Bacterial and Viral Specimen Collection Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Bacterial and Viral Specimen Collection Market report scope?

Key Takeaways from this Bacterial and Viral Specimen Collection Market Report

• Evaluate Bacterial and Viral Specimen Collection market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Bacterial and Viral Specimen Collection market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Bacterial and Viral Specimen Collection Market?

The Bacterial and Viral Specimen Collection Market is growing at a CAGR of 14.9% over the next 5 years.

Who are the key players in Bacterial and Viral Specimen Collection Market?

Puritan Medical Products, Nest Scientific, Quidel, Longhorn Vaccines and Diagnostics, Thermo Fisher Scientific, Pretium Packaging, Hardy Diagnostics, Trinity Biotech, VIRCELL, Becton, Dickinson and Company, COPAN Diagnostics Inc., Longhorn Vaccines and Diagnostics LLC, Medical Wire & Equipment, Wuxi NEST Biotechnology Co., Ltd., VIRCELL S.L., Spectrum Solutions L.L.C., Titan Biotech, DiaSorin, HI Media laboratories

What are the significant types of Bacterial and Viral Specimen Collection Market?

Bacterial Specimen Collection, Viral Specimen Collection

What are the major end-use applications of Bacterial and Viral Specimen Collection Market?

Hospitals and Clinics, Home Test, Research Laboratories

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