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impossibledeanmakerwombat · 1 year

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Virology Specimen Collection Market: Worldwide Industry Analysis and New Market Opportunities Explored to 2032

According to a recent virology specimen collection market report by Future Market Insights (FMI), the motor monitoring market is anticipated to advance at a phenomenal CAGR of -0.5% over the forecast period 2022-2032. The market for virology specimen collection was valued at US$ 5.6 billion globally in 2021, and it is anticipated to grow at a negative CAGR of -0.5% from 2022 to 2032.

Additionally, the rising prevalence of viral infections like SARS-CoV-2, AIDS, flu, EBOLA, Zika virus, and STDs boosts the demand for virology specimen collection.

The Zika virus and Babesia outbreaks, alongside announcements for their inclusion in virology specimen collection tests, indicate the need for innovation in virology specimen collection technologies, consumables, laboratory testing and instruments. Other countries have also undertaken initiatives to check for new and emerging diseases.

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The high cost of technologies and collection kits and usage of flow sensitivity screening are the major factors hampering the growth of the virology specimen collection market.

Some emerging markets such as India, the Middle East, and Africa offer promising virology specimen collection opportunities for players in the industry due to their increasing disposable incomes and improving healthcare infrastructure.

The comparatively high cost of laboratory testing has boosted the increasing use of older and less practical tests, for example, first-generation ELISA.

The test has been used in various parts of the world despite its limitation.

The high costs of the virology specimen collection products serve as the critical factor curtailing the growth impetus in the market.

There is a crucial requirement to reduce the costs of these products to create demand for virology specimen collection. Otherwise, it is estimated to hinder the virology specimen collection growth even in upcoming years.

During the diagnostics investigations, different microbiology specimen collection mediums are recommended to stabilize specimens for the detection of viruses and bacteria.

Thus, based on these factors, the virology swab sample market is likely to experience innumerable growth avenues in the forthcoming years.

It is expected to have a digital future of public health, and there comes a crucial requirement to align the international strategies for evaluation and regulation.

There is high competition among the virology specimen collection market players.

Only major companies can afford high-capital investments and the cost of R&D and manufacturing. That prevents new entrants from entering the virology specimen collection market.

Key Takeaways:

North America is anticipated to be at the forefront of the virology specimen collection market future trends, which can be attributed to the increasing adoption of NAT and technological advancements such as portable diagnostics.

The bacterial specimen collection segment is projected to lead the virology collection market trend by product type. The high prevalence of tuberculosis (TB) is one of the significant factors contributing to the share of the segment.

Diagnostic applications are expected to account for a significant portion of the virology specimen collection market size due to a spike in the number of FDA-approved specimen collection kits, transport of viral specimen, and virology swab sample for clinical applications.

By end use, the hospitals and clinics segment is anticipated to generate the most revenue, owing to an uptick in patients with respiratory viruses and bacterial infections.

The Asia Pacific market for bacterial and virology sample collection is expected to grow at a rapid pace because of extensive coronavirus testing in Asian countries.

By technology, the segment of the nasopharyngeal sample is estimated to hold sway on account of rapid detection of transmissible transfusion infections (TTIs) and the rising prevalence of HPV-related cancers and human papillomavirus (HPV).

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“Virology specimen collection tests emphasize the need for virology specimen collection technology innovation and adoption, consumables, and instruments. This is projected to drive the demand for the virology specimen collection market further.” opines an FMI analyst.

Competitive Landscape:

A few notable virology specimen collection market players include Puritan Medical Products Co. (UK), Trinity Biotech (Ireland), Dickinson and Company (US), Thermo Fisher Scientific Inc. (US), Vircell S.L. (Spain), Becton, Quidel Corporation (US), Titan Biotech Ltd. (India), Diasorin SA (Italy), Copan Italia S.P.A (Italy), Hardy Diagnostics (US).

These firms and companies are partnering & collaborating with several domestic and international players as a part of the emerging trends in the viral specimen collection market.

Henkel AG & Co. KGaA of Germany tied up with Origin of California to leverage the latter’s expertise in performing robust mechanical testing at its California facility. Henkel also contributed expertise and technology to developing 3D printed nasopharyngeal swabs for COVID-19 testing and several other recent developments in the virology specimen collection market.

Under a USD 6.0 million contract with Inflammatix Inc., the US HHS supported the development of the host-response testing technology. The company is working on three diagnostic tests that will provide quick results on whether the infection is bacterial or viral. This enables clinicians to make better-informed, earlier treatment decisions. Such initiatives are also at the heart of the companies’ strategy to expand earlier diagnosis.

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Key Segments By Product Type:

Blood Collection Kits

Specimen Collection Tubes

Viral Transport Media

Swabs

By Sample:

Blood Samples

Nasopharyngeal Samples

Throat Samples

Nasal Samples

Cervical Samples

Oral Samples

Other Samples

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mrfrblogresearch02 · 2 years

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Cellulite Treatment Market trend, Business Growth, Size and Comprehensive Research Study Forecast to 2027

Market Highlights:

According to MRFR analysis, the global cellulite treatment market Trends is expected to register a CAGR of11.2% from 2020 to 2027and hold a value of USD 3,162.1 million by2027.

Market Drivers and Restraints:

The increase in demand for COVID 19 sample collection kits due to the increase in cases of COVID 19 is expected to favor the market growth in the near future. The rise in the number of establishments and facilities for testing laboratory collection centers and the increase in the number of trained specimen collectors to perform effective testing services are expected to benefit the expansion of COVID 19 sample collection kits market in the years to come. The surge in revenue generation of the global COVID-19 sample collection kits market can be attributed to the upscaling demand of sample collection kits owing to the rise of new COVID-19 strains and the approval of advanced detection tests by reputed regulatory authorities. Moreover, the need to detect antibodies is also observed to gain significance, which, in turn, is expected to prompt the market expansion. The surge in government funding for the production of a large volume of COVID 19 test kits and the increase in the utility rate of swabs are other causes that are also likely to prompt the expansion of the COVID 19 sample collection kit market in the assessment period.

On the contrary, surfacing issues with the shortage of test-related supplies, such as; swabs, reverse transcription-polymerase chain reaction instruments, and virus control samples to prevent COVID-19 can hinder the market expansion. The lack of laboratory-based reagents is also observed as another crucial cause that is expected to restrain the COVID-19 sample collection kits market expansion on a global scale.

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Segmentation

The global COVID-19 sample collection kits market has been segmented based on the product type, application, and end user.

On the basis of product type, the market has been segmented into swabs, viral transport media, blood collection kits, and others. The swabs segment is anticipated to be the fastest-growing segment. The swab segment is further divided into nasopharyngeal swabs and oropharyngeal swabs. The Centers for Disease Control and Prevention (CDC) has recommended collecting only nasopharyngeal swabs for testing the sample. The viral transport media is the largest growing segment.

Based on application, the market has been segmented into diagnostic, and research. The diagnostic segment is expected to be the fastest-growing, while the research segment is the largest growing segment.

The market based on end user has been segmented into hospitals & clinics, diagnostics centers, and others. The diagnostic center is anticipated to be the fastest-growing segment. The largest growing segment is hospitals & clinics.

Key Players:

Some of the key players in the global COVID-19 sample collection kits market are Thermo Fisher Scientific, Inc. (US), Hardy Diagnostics (US), BNTX Inc. (Germany), Formlabs (US), Medline Industries, Inc. (US), HiMedia Laboratories (India), VIRCELL S.L. (Spain), Puritan Medical Products (US), COPAN Diagnostics (California), Becton, Dickinson, and Company (US), Laboratory Corporation of America Holdings (US), Lucence Diagnostics Pte Ltd. (California) Regional Analysis

The COVID-19 sample collecting kits market has been divided into three categories: product type, application, and end user.

The market has been divided into swabs, viral transport medium, blood collection kits, and others based on product type. The swabs category is expected to increase at the fastest rate. Swabs are classified into two types: nasopharyngeal swabs and oropharyngeal swabs. Only nasopharyngeal swabs should be collected for testing, according to the Centers for Disease Control and Prevention (CDC). The fastest-growing segment is viral transportation media. The need for blood collection kits, on the other hand, is increasing as blood-based serology testing/antibody detection tests for SARS-CoV-2 are approved.

The market has been divided into diagnostic and research segments based on application. The diagnostic segment is predicted to expand at the fastest rate, while the research segment is expected to grow at the fastest rate. In terms of revenue creation, the research segment has a low penetration in the global market. However, the market is predicted to grow due to a growth in the number of R&D programs that use sample collection kits to assess the efficacy of various diagnostic procedures.

The market has been divided into hospitals and clinics, diagnostics centers, and others based on the end user. The diagnostic center is expected to increase at the fastest rate. The largest segment is hospitals and clinics, with a growing need for COVID-19 testing in communities. To keep the illness from spreading, many sealed cabins have been set up for collecting swab samples. This is the fastest-growing segment of the market.

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#Cellulite Treatment Market

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omgindustrynews · 3 years

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akashthings · 4 years

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Global Viral Transport Media MarketGrowth Statistics, Latest Trends & Future Prospects2020-2026

Summary - A Global Viral Transport Media Market and Regional Forecasts 2020-2027-” has been featured on WiseGuyReports.

lobal Viral Transport Media Market is valued at approximately USD XXX million in 2019 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2020-2027. Viral transport media (VTM) is a collection and transport system mainly used for the collection, transport, and long-term freezing of biological specimens containing viruses, such as COVID-19, chlamydia, ureaplasma organisms, or mycoplasma

ALSO READ: https://www.openpr.com/news/2111031/global-viral-transport-media-market-2020-industry-analysis

They often used in collecting nasal swab and throat swabs to collect samples. The sample is later on sent to clinical laboratories in transport medium for detection and identification, to check the presence of a virus in the human body. With the recent outbreak of COVID-19 pandemic throughout the world, the demand for viral transport media is significantly growing to obtain the information and collection of novel coronavirus samples. The sample is usually collected in VTM to regulate the stability of the sample & get transported in a cold chain. Therefore, the increasing prevalence of COVID-19 around the world is one of the major factors driving the adoption of viral transport media all over the world. According to the World Health Organization (WHO), as of March 7th March 2020, around 87,831 confirmed cases of coronavirus registered throughout the world, including 3,549 deaths, and is reached to almost 7,941,791 confirmed cases with 434,796 deaths by 16th June 2020. According to the WHO, America is the leading country in terms of COVID patients and death, with almost 2,079, 592 confirmed cases with 115,484 deaths as of 16th June 2020. This, in turn, is expected to leverage the demand for viral transport media around the world. Moreover, the increasing number of government initiatives for testing kits in the developed & developing countries, along with the increasing number of product launches by the market vendors is further accelerating the market growth over the forecast period. However, technical issues related to swabs collection is one of the major factors impeding the market growth over the forecast period of 2020-2027.

The regional analysis of the global Viral Transport Media market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing number of diagnostic tests, coupled with the rising prevalence of infectious disease in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rising demand for sample collection kits, along with the increasing healthcare spending would create lucrative growth prospects for the Viral Transport Media market across the Asia-Pacific region.

Major market player included in this report are:

Thermo Fisher Scientific Inc.

Puritan Medical Products, BD

Laboratory Corporation of America

Lucence Diagnostics Pte Ltd.

Hardy Diagnostics

Formlabs

Medline Industries, Inc.

VIRCELL S.L.

HiMedia Laboratories

Titan Biotech Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Diagnosis of Certain Viral Infections

Preclinical Testing

By End-Use:

Microbiology Laboratories

Diagnostic Laboratories

Hospitals & Clinics

Home Test

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Viral Transport Media Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

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Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

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#Viral Transport Media Market

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anilgawadefactmr · 3 years

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Demand in the swab and viral and transport medium market has witnessed remarkable upsurge in the recent past, as the number of tests and laboratory experiments are registering an unprecedented high during the COVID-19 pandemic.

While the pandemic is currently acting as a catalyst for market growth, growing emphasis by market players on the development of advanced testing processes such as rapid antigen testing and molecular essay experiments will aid in sustaining demand in the long run.

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fact-mr · 3 years

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marketnewtrend · 4 years

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Global Swab and Viral Transport Medium Market Assessment, Opportunities, Insight, Trends, Key Players – Analysis Report to 2025

Swab and viral transport medium is defined as collection and transport system which is used for the transport, collection, and long term freezing of clinical samples containing viruses such as COVID-19, mycoplasma, ureaplasma organism, and Chlamydia.

Rise in demand for swabs and viral transport medium due to COVID-19 pandemic is the key driving factor which is expected to significantly boost the global swab and viral transport medium market growth. Furthermore, increase in use of viral transport medium in microbiology laboratories as well as diagnostic laboratories will have the positive impact on market growth. Moreover, increase in investments in diagnostic kits, equipments, and accessories expected to drive the market growth during this forecast period. Also, increase in geriatric population and adoption of diagnostic tests will fuel the market growth.

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However, less healthcare expenditures in developing countries as well as irregular distribution of medical services are the major challenging factors which are expected to hamper the global swab and viral transport medium market growth.

Market Key Players

Various key players are discussed in this report such as Thermo Fisher Scientific, Puritan Medical Products, BD, Laboratory Corporation of America, Hardy Diagnostics, VIRCELL, HiMedia Laboratories, MWE, and Starplex Scientific

Market Taxonomy

By Swab Type

Oropharyngeal Swabs

Nasopharyngeal Swabs

Others

By Application

Diagnosis of Certain Viral Infections

Preclinical Testing

By End User

Diagnostic Laboratories

Microbiology Laboratories

Others

By Region

North America

Latin America

Europe

Asia Pacific

Europe

Middle East & Africa

Browse Full Research Report @ https://qualiketresearch.com/reports-details/Swab-and-Viral-Transport-Medium-Market

About Us

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

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rohinic123-blog · 4 years

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Swab and Viral Transport Medium Market Set to Record Exponential Growth by 2027

Swab and Viral Transport Medium Market: Introduction

Viral transport medium is a collection and transport system used for the collection, transport, and long-term freezing of clinical specimens containing viruses such as COVID-19, chlamydia, mycoplasma, or ureaplasma organisms

Viral skin swab is an implement lightly rubbed against the skin or vesicles to collect sample. The sample is later sent to laboratories in transport medium.

In the laboratory, viral cells are cultured and virus identification is performed by the laboratory technician

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https://www.transparencymarketresearch.com/swab-viral-transport-medium-market.html

Key Drivers and Restraints of Global Swab and Viral Transport Medium Market

The global swab and viral transport medium market is primarily driven by increase in demand for swabs & viral transport medium owing to COVID-19 pandemic, rise in use of viral transport medium in microbiology & diagnostic laboratories, and high investment in diagnostic equipment, kits, and accessories

Increase in the geriatric population, rise in adoption of diagnostic tests, and growth of the diagnostics industry are the other factors projected to drive the global market during the forecast period

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Diagnosis of Certain Viral Infections Segment to Account for Major Share of Global Market

In terms of application, the global swab and viral transport medium market can be classified into diagnosis of certain viral infections, preclinical testing, and others

The diagnosis of certain viral infections segment is anticipated to dominate the global market during the forecast period, due to significant demand for diagnostic testing services and increase in number of suppliers of FDA-approved swabs and transport media

Puritan Medical Products, COPAN Diagnostics, Inc., and Becton, Dickinson and Company (BD) are the manufacturers of FDA-approved nasopharyngeal and oropharyngeal swabs for coronavirus tests

Diagnostic Laboratories to be Highly Lucrative Segment

Based on end-user, the global swab and viral transport medium market can be categorized into microbiology laboratories, diagnostic laboratories, and others

The diagnostic laboratories segment is likely to account for major share of the global swab and viral transport medium market by 2027, owing to increase in number of samples being received for testing and high demand for viral transport mediums

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North America to Dominate Global Swab and Viral Transport Medium Market

In terms of region, the global swab and viral transport medium market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global swab and viral transport medium market during the forecast period.

The market in North America is anticipated to be driven by the presence of prominent players, rapid increase in number of diagnostic tests for COVID-19, and exponential rise in number of COVID-19 cases in the U.S.

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Key Players Operating in Global Market

The global swab and viral transport medium market is highly fragmented, with a large number of domestic players accounting for major market share. Key players operating in the global swab and viral transport medium market are:

COPAN Diagnostics, Inc.

Medical Wire & Equipment (MWE)

Titan Biotech Ltd.

Becton, Dickinson and Company

Vircell S.L.

MANTACC

Puritan Medical Products

Starplex Scientific, Inc.

Thermo Fisher Scientific

Trinity Biotech

DiaSorin

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rohinic123-blog · 4 years

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Swab and Viral Transport Medium Market Set to Record Exponential Growth by 2027

Swab and Viral Transport Medium Market: Introduction

Viral skin swab is an implement lightly rubbed against the skin or vesicles to collect sample. The sample is later sent to laboratories in transport medium.

In the laboratory, viral cells are cultured and virus identification is performed by the laboratory technician

Report Overview @

https://www.transparencymarketresearch.com/swab-viral-transport-medium-market.html

Key Drivers and Restraints of Global Swab and Viral Transport Medium Market

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Diagnosis of Certain Viral Infections Segment to Account for Major Share of Global Market

In terms of application, the global swab and viral transport medium market can be classified into diagnosis of certain viral infections, preclinical testing, and others

Puritan Medical Products, COPAN Diagnostics, Inc., and Becton, Dickinson and Company (BD) are the manufacturers of FDA-approved nasopharyngeal and oropharyngeal swabs for coronavirus tests

Diagnostic Laboratories to be Highly Lucrative Segment

Based on end-user, the global swab and viral transport medium market can be categorized into microbiology laboratories, diagnostic laboratories, and others

North America to Dominate Global Swab and Viral Transport Medium Market

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Key Players Operating in Global Market

COPAN Diagnostics, Inc.

Medical Wire & Equipment (MWE)

Titan Biotech Ltd.

Becton, Dickinson and Company

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