The [FURL=https://www.industryarc.com/Report/19488/bacterial-and-viral-specimen-collection-market.html?utm_source=Briefingwire&utm_medium=Pressrelease&utm_campaign=Paidpressrelease]Bacterial & Viral Specimen Collection Market[/FURL] Bacterial & Viral Specimen Collection Market size is estimated to reach $37.1 Billion by 2025, growing at a CAGR of 13.4% during the forecast period 2020-2025. Bacterial & Viral Specimen collection is the process of obtaining tissue or fluids for laboratory analysis or near-patient testing. It is often a first step in determining diagnosis and treatment. An increase in demand for diagnostic testing for COVID-19, and several manufacturers has step up the production of viral specimen collection products worldwide this in turn is driving the market for bacterial and viral specimen collection during the forecast period 2020-2025.Key Takeaways
Geographically, North America Bacterial & Viral Specimen Collection Market accounted for the highest revenue share in 2019 owing to the High awareness regarding diagnosis, disease transmission and effective management of microbial infections.
Factors such as the bacterial segment dominated the bacterial & viral specimen collection market in 2019. This is owing to the high prevalence of bacterial diseases coupled with presence of substantial diagnostics kits for screening of bacterial infections are driving the demand of bacterial & viral specimen collection market during the forecast period 2020-2025.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Bacterial & Viral Specimen Collection Market report.
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Bacterial & Viral Specimen Collection Market Segment Analysis - By Geography
Based on Geography the global Bacterial & Viral Specimen Collection Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America dominated the market for bacterial and viral specimen collection with a revenue share of 36.1% in 2019.
Bacterial & Viral Specimen Collection Market Drivers
Increasing cases of COVID-19 globally.
Increasing number of Covid19 cases globally is the key driver of bacterial & viral specimen collection market. With an increase in demand for diagnostic testing rapid testing for COVID-19, several manufacturers have step up the production of viral specimen collection products all over the world. Moreover the growing awareness concern, in the early stage of testing and treatment of infection and rising competition among others is driving the demand of Bacterial & Viral Specimen Collection Market during the forecast period 2020-2025.
Bacterial & Viral Specimen Collection Market top 10 companies are Titan Biotech, DiaSorinGroup, Vircell S.L, Copan Italia Spa, Puritan Medical Products, hardy diagnostics, Becton, Dickinson And Company, Quidel Corporation, Thermo Fisher Scientific, Inc, and Longhorn Vaccines & Diagnostics, LLC
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