Healthcare

According to a market report by Lucintel, the future of the virology specimen collection market looks promising with opportunities in hospitals & clinics and diagnostic centers. The global virology specimen collection market is expected to reach an estimated $7.5 billion by 2028 with a CAGR of 4.5% from 2023 to 2028. The major drivers for this market are increasing need for blood testing to identify viruses and diseases, like cancer and HPV, and growing demand for advanced specimen collection technology to enable quick and accurate results.



In this market, viral transport media, swabs, blood collection kits, and specimen collection tubes are the major segments by product type. Lucintel forecasts that viral transport media will remain the largest product type segment over the forecast period due to a surge in blood donation activities and evolution of new pathogens. 



Within this market, hospital & clinic is expected to remain the larger end use segment due to the rising number of hospital admissions of patients with viral diseases, like respiratory virus infections. 



North America will remain the largest region due to increasing cases of TTIs (transfusion-transmitted infections), growing awareness of disease transmission among population, and availability of effective diagnosis of viral diseases in the region.

ThermoFisher, Puritan Medical, Trinity Biotech, Vircell, and Medical Wire & Equipment are the major suppliers in the global virology specimen collection market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global virology specimen collection market by product type, sample type, application, end use, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Virology Specimen Collection Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global virology specimen collection market by product type, sample type, application, end use, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the virology specimen collection market by product type (viral transport media, swabs, blood collection kits, specimen collection tubes, and others), sample type (blood, cervical, nasal, nasopharyngeal, throat, oral, and others), application (diagnostics and research), end use (hospitals & clinics, diagnostic centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?