Virology Specimen Collection
Market 2022 - Market Size & Forecast, Industry Trends, Manufacturers
Analysis, & Opportunities 2030
Page: 375 | Report Code: LS22090603 | Research Suite: Report (PDF) & Market Data (Excel)
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Introduction: -
Virology is typically the study of viruses which involves assessing the different species of viruses, the genetics and disease-producing properties of a virus, and the effect of vaccines, treatments and/or drugs on the biology of viruses.
Virology specimen collection involves the collection
of virus specimens for laboratory analysis or near-patient testing to ensure
the accurate diagnosis of a viral disease. The specimens are usually collected on
the onset of clinical symptoms or during the acute phase of infection when
viral concentration is at its maximum. All specimens are stored in sterile
containers and refrigerated immediately upon collection.
The global virology specimen collection market
includes players who offer virology specimen collection products such as blood
collection kits, specimen collection tubes, viral transport media, and swabs.
These products are used to collect various types of samples including, blood
samples, nasopharyngeal samples, throat samples, nasal samples, cervical
samples, oral samples, and other samples.
The global virology specimen collection market size
is estimated to decline at a compounded annual growth rate (CAGR) of -0.5%
during the forecast period of 2022-2030.
Growth Drivers:
In the last few years, the incidence of viral diseases has been growing at a tremendous rate across major parts of the globe. Alongside, there has also been a swift growth in the emergence of newer pathogens. The rising number of viral diseases and the rapid emergence of newer pathogens have augmented the demand for virology specimen collection. This trend is estimated to continue in the upcoming years and is expected to considerably aid in the growth of the global virology specimen collection market.
Moreover,
the molecular diagnostic companies operating in the healthcare industry are receiving
huge amounts of funding from private and public agencies for the development of
various viral specimen collection and diagnostic products and solutions. This
has been a major growth driver for the global virology specimen market. For
instance, Hologic Inc. received $7.6 million from the U.S. Department of Health
and Human Services (HHS) and the U.S. Department of Defense in 2020 to raise the
production of processing consumables and specimen collection and for SARS-CoV-2
testing.
Also,
the leading market players present in the global virology specimen collection
market are focusing on adopting various growth strategies such as new product
launches, partnerships and collaborations, and mergers & acquisitions to
enhance their market share and their global footprints. For instance, Becton,
Dickinson recently collaborated with Babson Diagnostics in February 2020 to launch
small-volume blood collection solutions for retail pharmacies. Similarly, in
May 2020, Rocky Mountain Biologicals introduced the Viral Transport Medium for large-scale
COVID-19 testing.
Furthermore,
the growing number of blood donations, the augmenting need for innovation and
advancement in virology specimen collection technologies, and the rising number
of initiatives by governments and medical organizations are creating ample
growth opportunities for the growth of the global virology specimen collection
market.
On the
other hand, the high cost of virology specimen collection technologies and the
presence of alternative technologies are expected to hinder the growth of the
global virology specimen collection market during the forecast period of
2022-2030.
Virology
Specimen Collection Market Segmentation:
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
By Region:
·
North America
·
Europe
·
Asia Pacific
·
Latin America
· Middle East and Africa
Virology
Specimen Collection Market: Product Type Review: -
Based on
product type, the global virology specimen collection market is segmented into blood
collection kits, specimen collection tubes, viral transport media, and swabs. Among
these, the viral transport media segment held the largest share of the global virology
specimen collection market in 2021. The segment is anticipated to maintain its
position in the market during the forecast period of 2022-2030.
Virology
Specimen Collection Market: Sample Review: -
Based on
sample, the global virology specimen collection segment is segmented into blood
samples, nasopharyngeal samples, throat samples, nasal samples, cervical
samples, oral samples, and other samples. Among these, the nasopharyngeal
samples segment acquired the largest share of the global virology specimen
collection market in 2022. The segment is estimated to further continue to lead
the market during the forecast period of 2022-2030. The rapid detection of
transmissible transfusion infection (TTIs) is largely attributed to this
segment's large share. However, the blood samples segment is projected to
register the highest growth in the global virology specimen collection market
during the forecast period of 2022-2030.
Regional
Outlook:
The virology
specimen collection research report offers detailed analysis and forecasts for
five major regions: North America, Europe, Asia Pacific and Latin America, and
the Middle East & Africa.
Among all
regions, the North American region commanded the global virology specimen
collection market in 2022. The region is projected to remain dominant
throughout the forecast period of 2022-2030. Countries such as the U.S. and
Canada are the leading countries contributing to the virology specimen
collection market in the North American region. The surging number of blood donations,
the presence of leading manufacturers, and the increasing number of technological
developments, including portable diagnostics in the region, are primarily
ascribed to significant market share and the high growth of the market in the
North American region.
On the other
hand, the Asia Pacific region is expected to thrive at the highest growth rate
in the market during the forecast period of 2022-2030. The presence of emerging economies such as
India, China, and Japan, the ever-growing old age and patient population, and
the intensifying need for the diagnosis of various vital diseases and
infections are predominantly driving the growth of the virology specimen
collection market in the Asia Pacific region.
The report also
identifies the country market outlook for virology specimen collection,
covering country-wise market size, growth rate, market share, segmentation,
leading players, current trends, and opportunities.
Key Companies in
Virology Specimen Collection Market:
The research
report offers a competitive analysis of prominent companies operating in the
global virology specimen collection market. Some of the leading players
profiled in the market research report include:
·
Thermo Fisher Scientific Inc.
·
Titan Biotech Ltd.
·
Puritan Medical Products Co.
·
Hardy Diagnostics
·
Diasorin SA
·
Becton, Dickinson and Company
·
Quidel Corporation
·
Trinity Biotech
·
Vircell S.L.
·
Copan Italia S.p.A.
·
Other Players