LONDON--(BUSINESS WIRE)--Technavio has been monitoring the coronavirus test kits market in Europe and it is expected to post a decremental growth of USD -139.05 million during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- What is the key factor driving the market?
- Increasing government funding is one of the key factors driving the market growth.
- Who are the top players in the market?
- 3D Biomedicine Science and Technology Co. Ltd., Abbott Laboratories, BGI Genomics Co. Ltd., bioMérieux SA, Co-Diagnostics Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Guangzhou Wondfo Biotech Co. Ltd., QIAGEN NV, and Thermo Fisher Scientific Inc. are some of the major market participants.
- Which region is expected to hold the highest market share?
- France
- What is a major trend in the market?
- Rising focus on preventing the spread of COVID-19 pandemic is a major trend driving the market growth.
The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. 3D Biomedicine Science and Technology Co. Ltd., Abbott Laboratories, BGI Genomics Co. Ltd., bioMérieux SA, Co-Diagnostics Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Guangzhou Wondfo Biotech Co. Ltd., QIAGEN NV, and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing government funding has been instrumental in driving the growth of the market.
Coronavirus Test Kits Market in Europe 2020-2024: Segmentation
Coronavirus Test Kits Market in Europe is segmented as below:
-
End-user
- Government
- Non-government
-
Geography
- Russian Federation
- Germany
- UK
- Italy
- Rest of Europe
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Coronavirus Test Kits Market in Europe 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our coronavirus test kits market in Europe report covers the following areas:
- Coronavirus Test Kits Market in Europe Size
- Coronavirus Test Kits Market in Europe Trends
- Coronavirus Test Kits Market in Europe Analysis
This study identifies the rising focus on preventing the spread of COVID-19 pandemic as one of the prime reasons driving the coronavirus test kits market in Europe growth during the next few years.
Coronavirus Test Kits Market in Europe 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the coronavirus test kits market in Europe, including some of the vendors such as 3D Biomedicine Science and Technology Co. Ltd., Abbott Laboratories, BGI Genomics Co. Ltd., bioMérieux SA, Co-Diagnostics Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Guangzhou Wondfo Biotech Co. Ltd., QIAGEN NV, and Thermo Fisher Scientific Inc. Backed with competitive intelligence and benchmarking, our research reports on the coronavirus test kits market in Europe are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Coronavirus Test Kits Market in Europe 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist coronavirus test kits market growth in Europe during the next five years
- Estimation of the coronavirus test kits market size in Europe and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the coronavirus test kits market in Europe
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of coronavirus test kits market vendors in Europe
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020-2024
- Scenario analysis
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Government - Market size and forecast 2020-2024
- Non-government - Market size and forecast 2020-2024
- Market opportunity by End-user
Customer Landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Germany - Market size and forecast 2020-2024
- Italy - Market size and forecast 2020-2024
- UK - Market size and forecast 2020-2024
- France - Market size and forecast 2020-2024
- Rest of Europe - Market size and forecast 2020-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
- Industry risks
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 3D Biomedicine Science and Technology Co. Ltd.
- Abbott Laboratories
- BGI Genomics Co. Ltd.
- bioMérieux SA
- Co-Diagnostics Inc.
- Danaher Corp.
- F. Hoffmann-La Roche Ltd.
- Guangzhou Wondfo Biotech Co. Ltd.
- QIAGEN NV
- Thermo Fisher Scientific Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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