North America Covid-19 Detection Poc Kits Market Size & Outlook
Related Markets
North America covid-19 detection poc kits market highlights
- The North America covid-19 detection poc kits market generated a revenue of USD 1,029.6 million in 2022.
- The market is expected to grow at a CAGR of -2.8% from 2023 to 2030.
- In terms of segment, nasopharyngeal (np) swab was the largest revenue generating type in 2022.
- Oropharyngeal (OP) swab is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 1,029.6 million |
| Market revenue in 2030 | USD 818.3 million |
| Growth rate | -2.8% (CAGR from 2022 to 2030) |
| Largest segment | Nasopharyngeal (np) swab |
| Fastest growing segment | Oropharyngeal (OP) swab |
| Historical data covered | 2020 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nasopharyngeal (NP) swab, Oropharyngeal (OP) swab, Nasal Swabs, Saliva |
| Key market players worldwide | Abbott Laboratories, Mylab Discovery Solutions, Converge Technology Solutions Corp, Thermo Fisher Scientific Inc, Roche, Danaher Corp, Birks Group Inc Class A, Cue Health Inc, Quest Diagnostics Inc, SD Biosensor |
Other key industry trends
- In terms of revenue, North America region accounted for 29.3% of the global covid-19 detection poc kits market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 818.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
COVID-19 Detection PoC Kits Market Scope
COVID-19 Detection PoC Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SD Biosensor | View profile | 251-500 | Suwon, Ch'ungch'ong-namdo, South Korea, Asia | https://www.sdbiosensor.com |
| Cue Health Inc | View profile | 726 | 4980 Carroll Canyon Road, Suite 100, San Diego, CA, United States, 92121 | https://www.cuehealth.com |
| Converge Technology Solutions Corp | View profile | 2700 | 161 Bay Street, Suite 2325, Toronto, ON, Canada, M5J 2S1 | https://www.convergetp.com |
| Birks Group Inc Class A | View profile | 313 | 2020 Robert-Bourassa Boulevard, Suite 200, Montreal, QC, Canada, H3A 2A5 | https://www.birks.com |
| Mylab Discovery Solutions | View profile | 11-50 | Lonavla, Maharashtra, India, Asia | https://mylabdiscoverysolutions.com/ |
| Roche | View profile | 10001+ | Basel, Basel-Stadt, Switzerland, Europe | http://www.roche.com |
| Quest Diagnostics Inc | View profile | 48000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | https://www.questdiagnostics.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
North America covid-19 detection poc kits market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to covid-19 detection poc kits market will help companies and investors design strategic landscapes.
Nasopharyngeal (np) swab was the largest segment with a revenue share of 57.55% in 2022. Horizon Databook has segmented the North America covid-19 detection poc kits market based on nasopharyngeal (np) swab, oropharyngeal (op) swab, nasal swabs, saliva covering the revenue growth of each sub-segment from 2020 to 2030.
The spike in incidence of COVID-19 and local presence of major players involved in research & manufacture of diagnostic tests, utilizing various technologies, are expected to contribute to the North American market's growth.
As reported by World meter, as of June 2021, the number of COVID-19 cases in North America reached 40,032,365, indicating the increased demand for COVID-19 diagnostic kits in the region. Due to the pandemic, governing bodies such as Health Canada and the U.S.
FDA allowed Emergency Use Authorizations (EUAs) for COVID-19 test kits, including PoC tests, to increase testing. For instance, in September 2021, the U.S. FDA authorized over 400 COVID-19 tests and collection kits, including 235 molecular, 88 antibody, and 34 antigen tests.
Reasons to subscribe to North America covid-19 detection poc kits market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America covid-19 detection poc kits market databook
-
Our clientele includes a mix of covid-19 detection poc kits market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America covid-19 detection poc kits market , including forecasts for subscribers. This continent databook contains high-level insights into North America covid-19 detection poc kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America covid-19 detection poc kits market size, by country, 2020-2030 (US$M)
North America COVID-19 Detection PoC Kits Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
