COVID-19 Saliva-Based Detection Kits Market Scope, Future Prospects And Competitive Analysis 2021 to 2031

As per Fact.MR – market research and competitive intelligence provider, the global COVID-19 saliva-based detection kits market was valued at US$ 1.4 Bn in 2020, with demand expected to decline at a CAGR of -2.8% over the forecast period (2021-2031). COVID-19 is a severe and infectious disease, with diagnosis at the initial stage playing a significant role in stopping the further increase of cases. At present, the old method of sampling, i.e., nasopharyngeal swab is majorly used for testing. However, the emerging technique of saliva-based testing is a promising alternative for COVID-19 diagnosis.

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Key Segments Covered in COVID-19 Saliva-based Detection Kits Industry Research

  • By Product
    • Rapid Test Kits
    • PCR-based Kits
  • By Technology
    • Direct Sample to PCR
    • RT-qPCR
    • Lateral Flow Assays
  • By Application
    • COVID-19 Research
    • COVID-19 Diagnostics
  • By End User
    • Diagnostic Laboratories
    • Hospitals & Clinics
    • Academic and Research Institutes
    • Biopharma  Companies
    • Long Term Care Facilities
    • Home Care Settings
    • Other

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Key Companies Profiled

  • Thermo Fisher Scientific Inc
  • Qiagen
  • Hologic
  • Takara Bio Inc
  • Arcis Biotechnology Limited
  • GeneProof
  • Abacus ALS
  • Kolplast Group
  • Vitagene
  • Therma Bright Inc
  • ACON Laboratories, Inc
  • Assure Tech. (Hangzhou) Co., Ltd
  • KYODO INTERNATIONAL INC.
  • Zymo Research Corporation.
  • Salimetrics

Key Takeaways from Market Study

  • By product, PCR-based kits hold around 73.5% value share of the global market in 2021.
  • Based on technology, RT-qPCR is leading with 49.2% market share in 2021.
  • Based on application, COVID-19 diagnosis is leading with 63.1% market share in 2021.
  • By end user, diagnostic laboratories dominate the market with a value share of 26.8% in 2021, while on the other hand, academic and research institutes are expected to increase at a higher CAGR of 2.5%.
  • By country, the U.S. dominates the North America market with a value share of 91% in 20

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Competitive Landscape

The competitive landscape of the personal cloud market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies.

  • In June 2021, Wisekey International Holding SA, a leading cybersecurity and IoT company, launched its WISeID Cloud Storage service as a new addition to the WISeID platform for digital identity and cybersecurity services. WISeID Cloud Storage service enables users to keep protected file storage in the cloud, in servers secured by WISeKey’s Swiss technologies.
  • In September 2021, Microsoft and global travel technology company OYO announced a multi-year strategic alliance to co-develop next-gen travel and hospitality products and technologies. OYO will adopt Microsoft Azure as a key enabler to drive cloud-based innovations and reimagine the hospitality and travel tech industry.

Crucial insights in the COVID-19 Saliva-Based Detection Kits Market research:

  • Underlying macro- and microeconomic factors impacting the growth of the COVID-19 Saliva-Based Detection Kits Market Basic overview of the COVID-19 Saliva-Based Detection Kits Market including market definition, classification, and applications.
  • Scrutinization of each COVID-19 Saliva-Based Detection Kits Market player based on mergers & acquisitions, R&D projects, and product launches.
  • Adoption trend of COVID-19 Saliva-Based Detection Kits Market across various industries.
  • Important regions and countries offering lucrative opportunities to COVID-19 Saliva-Based Detection Kits Market stakeholders.

For More Insight- https://www.factmr.com/article/124/latest-trends-in-the-healthcare-industry-how-has-it-transformed-businesses

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