COVID-19 Impacts: Coronavirus Test Kits Market Will Decelerate at a CAGR of Over -32% Through 2020–2024 | Spread of COVID-19 Pandemic Across the Globe to Boost Growth | Technavio

Technavio has been monitoring the coronavirus test kits market and it is expected to decrease by USD 320.29 million during 2020–2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

• What is the key factor driving the market?
• The spread of COVID-19 pandemic across the globe is one of the key factors driving the market growth.
• Who are the top players in the market?
• Abbott Laboratories, BGI Genomics Co. Ltd., Danaher Corp., F. Hoffmann-La Roche Ltd., Hologic Inc., Laboratory Corp. of America Holdings, QIAGEN GmbH, Seegene Inc., SolGent Co. Ltd., and Thermo Fisher Scientific Inc. are some of the major market participants.
• Which region is expected to hold the highest market share?
• ROW
• What is a major trend in the market?
• Increased screening of passengers in airports is a major trend driving the market growth.

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Abbott Laboratories, BGI Genomics Co. Ltd., Danaher Corp., F. Hoffmann-La Roche Ltd., Hologic Inc., Laboratory Corp. of America Holdings, QIAGEN GmbH, Seegene Inc., SolGent Co. Ltd., and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The spread of COVID-19 pandemic across the globe has been instrumental in driving the growth of the market.

Coronavirus Test Kits Market 2020–2024: Segmentation

Coronavirus Test Kits Market is segmented as below:

• End-user
• Geography
• Government
• Non-government
• Europe
• Asia
• North America
• ROW

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43216

Coronavirus Test Kits Market 2020–2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our coronavirus test kits market report covers the following areas:

• Coronavirus Test Kits Market size
• Coronavirus Test Kits Market trends
• Coronavirus Test Kits Market analysis

This study identifies increased screening of passengers in airports as one of the prime reasons driving the coronavirus test kits market growth during the next few years.

Coronavirus Test Kits Market 2020–2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the coronavirus test kits market, including some of the vendors such as Abbott Laboratories, BGI Genomics Co. Ltd., Danaher Corp., F. Hoffmann-La Roche Ltd., Hologic Inc., Laboratory Corp. of America Holdings, QIAGEN GmbH, Seegene Inc., SolGent Co. Ltd., and Thermo Fisher Scientific Inc. Backed with competitive intelligence and benchmarking, our research reports on the coronavirus test kits market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.