Virology Specimen Collection Market to to Grow with a CAGR of 4.51% through 2030
The growing prevalence of viral diseases and the
emergence of newer pathogens is expected to drive the growth of Global Virology
Specimen Collection Market during the forecast period, 2026-2030.
According to TechSci Research report, “Virology Specimen Collection
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2030F”,
Global Virology Specimen Collection Market stood at USD 6.50 billion in
2024 and is anticipated to grow with a CAGR of 4.51% in the forecast period. This can be ascribed to the growing prevalence of viral diseases
and the emergence of new pathogens across the globe which are expected to
enhance the market. Additionally, the growing number of blood donation and rise
in the examination and detection of viruses in blood using the virology
specimen collection method is expected to drive the growth of the market during
the forecast period. Also, the rise in disposable income of people and their
increasing ability to spend more on healthcare and medical services along with
availability of health insurance will further boost the growth of the Global
Virology Specimen Collection Market in the forecast period.
Besides, the growing adoption of virology specimen
collection instruments, consumables, and technologies specially in the emerging
regions such as India, Africa, and Middle East will create a lucrative growth
during the forecast period. Similarly, the presence of better healthcare
facilities and huge investments supported by government and non-government
agencies for development of research facilities and testing facilities will
further driving the growth of the market in the forecast period. Also, increasing
awareness levels regarding the disease’s transmission, diagnosis, and effective
management of microbial infections will further drive the growth of the market
in the forecast period.
However, the high cost of virology specimen collection
technologies and collection kits may slow down the growth of the Global
Virology Specimen Collection Market in the forecast period. Also, the usage of
low sensitivity screening can further restrict the growth of the Global
Virology Specimen Collection Market. Similarly, the growing need for
alternative technologies may hamper the growth of the market during the
forecast period. Additionally, the stringent approval for product development
and the dearth of skilled professionals will restrict the growth of the market
during the forecast period.
The Virology Specimen Collection Market can be segmented
by product type, sample, regional distribution and company.
Based on Product Type, Swabs category are experiencing the
fastest growth in the market. Swabs are favored for their ease of use,
non-invasive nature, and versatility in collecting samples from a variety of
body sites. They are increasingly used in rapid and point-of-care diagnostics,
where quick and efficient sample collection is essential. This growth is driven
by the increasing demand for diagnostic tools that offer faster, more
convenient testing solutions. Swabs, especially in home-testing and point-of-care
settings, are becoming a preferred choice due to their simplicity and
cost-effectiveness.
Based on the Region, the Asia Pacific region is currently
witnessing the fastest growth in the global virology specimen collection
market, driven by several key factors. One of the primary drivers is the
substantial investment in healthcare infrastructure by countries like China,
India, and Japan. These nations are upgrading healthcare facilities and
diagnostic laboratories to meet the growing needs of their large populations.
Japan stands out with its advanced healthcare infrastructure, which is comparable
to that of developed Western countries. This investment is accelerating the
adoption of advanced specimen collection technologies across the region,
further propelling market growth. Additionally, rapid urbanization and
population growth in the Asia Pacific are contributing significantly to the
market's expansion. Countries such as India and China are experiencing an
increase in the prevalence of infectious diseases due to their expanding
populations. As urbanization progresses, there is a greater need for efficient
diagnostic solutions, which is driving demand for advanced virology specimen
collection methods. The growth of organized healthcare in smaller towns and
rural areas is also contributing to the market, as diagnostic chains and
hospital groups in these regions adopt modern specimen collection systems to
improve patient care.
Major companies operating in the Global Virology Specimen
Collection Market are:
- Becton,
Dickinson and Company
- Quidel
Corporation
- Thermo
Fisher Scientific Inc.
- Trinity
Biotech PLC
- Titan
Biotech Ltd.
- DiaSorin
S.p.A.
- Vircell
S.L.
- Copan
Italia S.P.A.
- Puritan
Medical Products Co.
- Hardy
Diagnostics
Customers can also request for 10% free customization
on this report.
“North America was expected to dominate in the Global Virology Specimen
Collection Market on account due to the growing technological innovations in
the diagnostics and virology specimen collection devices used for diseases
testing for easy detection of the viruses across the region. Similarly, growing
awareness regarding diseases transmission and effective diagnosis of viral
diseases accounted for the growth of the market during the forecast period.
Also, the increasing number of laboratory tests and growing investment for
better healthcare facilities will drive the growth of the market over the
years. Furthermore, the existence of supporting government policies and the
presence of cutting-edge clinical laboratories and manufacturing business will
further contribute to the growth of the market during the forecast period.
Besides, increasing the appearance of novel pathogens and increasing the number
of product approvals, it is further anticipated to propel the market growth
during the forecast period” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based global management consulting firm.
“Virology Specimen Collection Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By
Product Type (Viral Transport Media, Specimen Collection Tubes, Swabs, Blood
Collection Kits), By Sample (Blood Samples, Cervical Samples, Nasal Samples,
Nasopharyngeal Samples, Throat Samples, Oral Samples, Other Samples), By Region
and Competition, 2020-2030F”, has evaluated the future growth
potential of global Virology Specimen Collection market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help
decision-makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Global Virology Specimen Collection
market.
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