Posts

Showing posts with the label COVID-19 Sample Collection Kits Market Size

COVID-19 Sample Collection Kits Market Size Is Anticipated To Reach USD 16.3 Billion By 2027

  San Francisco, 24 March 2021:   The Report  COVID-19 Sample Collection Kits Market  Size, Share & Trends Analysis Report By Product (Nasal Swabs, Viral Transport Media), By Application, By Site of Collection, And Segment Forecasts, 2021 - 2027 The global COVID-19 sample collection kits market size is expected to account for USD 16.3 billion by 2027, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 3.5% over the forecast period. The continuous approval of diagnostic tests for effective diagnoses of SARS-CoV-2 infection raises the demand for sample collection products, such as swabs and Viral Transport Media (VTM). Also, a shortage of testing materials such as swabs, reagents, and others has resulted in the proliferation of new players in the space, thereby driving the market revenue. The regulatory agencies are playing a major role as the key driving force of the market, by safeguarding the product efficiency and accelerating new appro