Malaysia Coronavirus Testing Kits Market By Type of Test (Molecular v/s Serological) By Use (Multiple Test v/s Single Test) By Full Test Time (5 Hours-12Hours, 1 Hours- 5 Hours,15-60Minutes, Less than 15 Minutes,12 Hours-24Hours, More Than 1 Day) By Technology (RT-PCR v/s Rapid Diagnostic Test) By Specimen Type (Nasopharyngeal Specimen, Oropharyngeal Specimen, Blood, Sputum, Others) By Mobility (Stationary v/s Mobile) By End User (Public Health Labs, Hospitals, Private or Commercial Laboratories, Others) By Company, By Region, Forecast & Opportunities, 2027

Malaysia coronavirus testing kits market is expected to grow at a significant rate during the forecast period. With the ongoing COVID-19 pandemic, the need to conduct a greater number of tests is on rise. To combat the rise the number of cases of coronavirus, leading authorities and healthcare facilities are requesting to conduct tests which is considered a major driver for the coronavirus testing kits market growth. Coronavirus testing kits are helpful in recognizing the affected individuals who can further take necessary treatment in healthcare centers. Increase in the need to identify the hotspot zones and making the affected patients to stay in isolated areas either in healthcare or residential spaces is expected to foster the coronavirus testing kits market growth for the forecast period. To control the spread of coronavirus, the number of tests conducted on a daily basis are increased to get clear picture of the exact situation of the pandemic. Supportive government policies to promote the manufacturing of coronavirus testing kits and providing of subsidies and income tax rebates is expected to boost the coronavirus testing kits market growth for the next five years.

Malaysia coronavirus testing kits market is segmented into type of test, use, full test time, technology, specimen type, mobility, end user, regional distribution, and company. Based on specimen type, market is further divided into nasopharyngeal specimen, oropharyngeal specimen, blood, sputum, and others. The nasopharyngeal specimen segment is expected to account for major market share for the forecast period, 2023-2027. Molecular testing requires the use of nasopharyngeal swabs. Technological advancements and rise in collaborations between service providers and manufacturers is expected to boost the demand for coronavirus testing kits market.

The major players operating in the Malaysia coronavirus testing kits market are Medical Innovation Ventures Sdn. Bhd. (Mediven), Sengenics Sdn. Bhd., Top Biotech Sdn Bhd, Quidel Corporation Malaysia, Roche (Malaysia) Sdn. Bhd., Abbott Laboratories (M) Sdn. Bhd., Cellex, Inc Malaysia, SD Biosensor, Inc Malaysia, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

• To analyze the historical growth of the market size of Malaysia coronavirus testing kits market from 2017 to 2020.
• To estimate and forecast the market size of Malaysia coronavirus testing kits market from 2021 to 2027 and growth rate until 2027.
• To classify and forecast Malaysia coronavirus testing kits market based on type of test, use, full test time, technology, specimen type, mobility, end user, regional distribution, and company.
• To identify dominant region or segment in the Malaysia coronavirus testing kits.
• To identify drivers and challenges for Malaysia coronavirus testing kits.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Malaysia coronavirus testing kits.
• To identify and analyze the profile of leading players operating in Malaysia coronavirus testing kits.
• To identify key sustainable strategies adopted by market players in Malaysia coronavirus testing kits market.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Malaysia coronavirus testing kits market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Coronavirus testing kits manufacturing companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to coronavirus testing kits market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Malaysia coronavirus testing kits market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Malaysia Coronavirus Testing Kits Market, By Type of Test:

• Molecular
• Serological
• Malaysia Coronavirus Testing Kits Market, By Use:
• Multiple Test
• Single Test
• Malaysia Coronavirus Testing Kits Market, By Full Test Time:
• 5 Hours-12 Hours
• 1 Hours- 5 Hours
• 15-60 Minutes
• Less than 15 Minutes
• 12 Hours-24 Hours
• More Than 1 Day
• Malaysia Coronavirus Testing Kits Market, By Technology:
• RT-PCR
• Rapid Diagnostic Test
• Malaysia Coronavirus Testing Kits Market, By Specimen Type:
• Nasopharyngeal Specimen
• Oropharyngeal Specimen
• Blood
• Sputum
• Others
• Malaysia Coronavirus Testing Kits Market, By Mobility:
• Stationary
• Mobile
• Malaysia Coronavirus Testing Kits Market, By End User:
• Public Health Labs
• Hospitals
• Private or Commercial Laboratories
• Others
• Malaysia Coronavirus Testing Kits Market, By Region:
• East Coast Region
• Southern Region
• Northern Region
• East Region
• Central Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Malaysia coronavirus testing kits market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Malaysia Coronavirus Testing Kits market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com