Coronavirus Test Kits Market by End-user, Type and Geography - Forecast and Analysis 2023-2027

Published: Sep 2023 Pages: 155 SKU: IRTNTR43216

Test Kits Market for Corona Virus Testing Market 2023-2027 

The test kits market for corona virus testing market size is estimated to decline at a CAGR of -24.02% between 2022 and 2027. The market size is forecast to decrease by USD -42.25 billion. The growth of the market depends on several factors such as the rising adoption of rapid coronavirus test kits, fastrack approval of diagnostic kits and adoption of business strategies by vendors.

This test kits market for corona virus testing market report extensively covers market segmentation by end-user (government and non-government), type (rapid test kit, RT-PCR, and others), and geography (Europe, Asia, North America, and rest of world(ROW)). The reports also covers an in-depth analysis of drivers, trends, and challenges. 

Test Kits Market for Corona Virus Testing Market Overview

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Key Test Kits Market For Corona Virus Testing Market Driver

The adoption of business strategies by vendors is notably driving market growth. The growth of the global COVID testing kit market is expected to be driven by the business strategies that key vendors have adopted. These vendors are collaborating and partnering with other companies to expand their product portfolio and strengthen their businesses. Collaborations and partnerships can help companies that manufacture COVID-19 testing kits explore additional opportunities without incurring a significant financial burden. For example, some vendors have collaborated with the Biomedical Advanced Research and Development Authority (BARDA) of the U.S. to conduct testing for coronavirus.

Moreover, vendors are opting for diverse business strategies, such as partnerships and collaborations with distributors and health organizations, to conduct testing for coronavirus. The increasing number of partnerships, licensing agreements, and collaborations between vendors, healthcare organizations, and distribution channel partners will expand the presence of vendors and contribute to the growth of the global coronavirus test kits market during the forecast period. 

Key Test Kits Market For Corona Virus Testing Market Trends

The advent of SARS-CoV-2 mutation is an emerging trend shaping the market growth. The SARS-CoV-2 virus has caused genetic diversity among the population of circulating viral strains, also known as lineages. This genetic variation can impact the virus's properties, such as how it spreads or how severe the symptoms are for those infected. Since December 2020, numerous coronavirus variants have been discovered and researched. The WHO and CDC categorize distinct coronavirus variants. One such variation, called omicron, was first identified in November 2021 and classified as a variant of concern by the WHO.

In addition, surges of COVID-19 have been linked to cases of this highly contagious variant, including a subvariant known as BA.2 or stealth omicron, particularly in places where safety protocols have been relaxed. The omicron variant is responsible for the largest surge since 2019. As a result, the increasing number of COVID-19 variants is expected to drive the demand for coronavirus test kits, which will fuel the growth of the market during the forecast period

Major Test Kits Market for Corona Virus Testing Challenge

Poor healthcare settings in developing countries are a significant challenge hindering market growth. A significant part of the population residing in developing regions like Asia and the MEA lacks sufficient knowledge and access to healthcare facilities. The shortage of financial resources and a robust healthcare infrastructure is a major obstacle to promoting public health in these areas. Countries like Kenya, Algeria, and Bangladesh are struggling due to inadequate technology, infrastructure, and policies to ensure effective healthcare service delivery. For instance, Italy has witnessed over 26,000 healthcare service providers getting infected by the coronavirus since the outbreak in February 2020.

Additionally, the percentage of health workers infected in Italy has almost doubled as of March 2020. The outbreak of COVID-19, which has caused high rates of mortality and morbidity, and the shortage of financial resources and strong healthcare infrastructure may hinder the growth of the global coronavirus test kits market during the forecast period.

Test Kits Market For Corona Virus Testing Market Largest Segment and Geographic Analysis

End-user Analysis 

The government segment is estimated to witness significant growth during the forecast period. The global coronavirus test kits market is driven due to the increase in the number of government organizations that are providing services for testing SARS-CoV-2. In addition, the market for coronavirus test kits is growing due to the increase in the adoption of test kits in both developed and developing countries. With the spread of COVID-19 reaching more parts of the world, the need for testing samples of people suspected of being infected with the virus is also growing, which, in turn, will drive the test kit market for coronavirus testing in government organizations.

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Also, government healthcare organizations are receiving samples from private healthcare players to get results of tests for SARS-CoV-2. This, in turn, is driving the COVID testing kit market across the globe. For instance, in March 2020, the WHO announced that it had manufactured coronavirus and delivered 250,000 test kits to 159 public (government) testing laboratories around the world to ensure that countries that cannot manufacture their own kits would be able to carry out testing for the virus. Many underdeveloped countries, especially those in Africa and Asia, which do not have adequate facilities for testing people for SARS-CoV 2, can send the samples back to WHO laboratories for testing and diagnosis. This increases the market for test kits for coronavirus testing in the government segment, which in turn drives the market growth during the forecast period. 

Regional Analysis

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Rest of World (ROW) is estimated to contribute 14% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Another region offering significant growth opportunities to vendors is Europe. Europe was the hardest-hit region during the COVID-19 pandemic in 2020, with more reported cases and deaths than any other part of the world. Countries like Spain, Italy, and France were particularly affected by the outbreak, which has been spreading across Europe since March 2020. The pandemic not only posed a health risk but also forced businesses and EU institutions to cancel travel and public events and switch to teleworking to slow down the disease spread. This increased the demand for COVID-19 test kits in the region, especially in Italy, where the government initially failed to take any initiatives in the first half of 2020, such as declaring a lockdown or other restrictions to protect citizens. The market in Europe was driven by the rising need to test people who had traveled to COVID-19-affected countries.

For instance, as of September 2, 2022, there were 23,521,792 positive cases (188,242 deaths) in the UK alone. This increased the demand for test kits in the region. Furthermore, the presence of key vendors like Robert Bosch will positively impact the COVID testing kit market growth. Therefore such factors are expected to drive the market growth during the forecast period. 

In 2020, the outbreak of the COVID-19 pandemic increased exponentially in several countries across the region, such as France, the UK, Italy, Spain, and Germany, especially. However, the mass vaccination drive in 2021 reduced the demand for coronavirus test kits in the region due to decreasing cases of coronavirus infection. Thus, the increasing development by the region's vendors, including product launches, will positively impact the market growth in the region during the forecast period.

Who are the Major Test Kits Market for Corona Virus Testing Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Abbott Laboratories - The company offers coronavirus test kits namely the Panbio COVID-19 Antigen Self-Test Kit.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • BGI Group
  • Bio Rad Laboratories Inc.
  • bioMerieux SA
  • Cellex Inc.
  • Chembio Diagnostics Inc.
  • Cue Health Inc.
  • Danaher Corp.
  • Dynamiker Biotechnology Tianjin Co. Ltd.
  • F. Hoffmann La Roche Ltd.
  • Mylab Discovery Solutions Pvt Ltd.
  • QIAGEN NV
  • QuidelOrtho Corp.
  • Robert Bosch GmbH
  • Safecare Biotech Hangzhou Co. Ltd.
  • Siemens AG
  • Thermo Fisher Scientific Inc.
  • Unisys Corp.
  • Advaite Inc.
  • Biomedomics Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The test kits market for corona virus testing market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook
    • Government
    • Non-government
  • Type Outlook
    • Rapid test kit
    • RT-PCR
    • Others
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • Rest of World (ROW)
      • Brazil
      • Argentina
      • Australia

 

Test Kits Market For Corona Virus Testing Market Scope

Report Coverage

Details

Page number

155

Base year

2022

Forecast period

2023-2027

Growth momentum & CAGR

Decelerate at a CAGR of -24.02%

Market growth 2023-2027

USD -42.25 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

-15.06

Regional analysis

Europe, Asia, North America, and Rest of World

Performing market contribution

Rest of World at 14%

Key countries

US, UK, Spain, Russia, and India

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Abbott Laboratories, BGI Group, Bio Rad Laboratories Inc., bioMerieux SA, Cellex Inc., Chembio Diagnostics Inc., Cue Health Inc., Danaher Corp., Dynamiker Biotechnology Tianjin Co. Ltd., F. Hoffmann La Roche Ltd., Mylab Discovery Solutions Pvt Ltd., QIAGEN NV, QuidelOrtho Corp., Robert Bosch GmbH, Safecare Biotech Hangzhou Co. Ltd., Siemens AG, Thermo Fisher Scientific Inc., Unisys Corp., Advaite Inc., and Biomedomics Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Test Kits Market For Corona Virus Testing Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across Europe, Asia, North America, and Rest of World (ROW)
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 25: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 26: Data Table on End-user - Market share 2022-2027 (%)
    • 5.2 Comparison by End-user
      • Exhibit 27: Chart on Comparison by End-user
      • Exhibit 28: Data Table on Comparison by End-user
    • 5.3 Government - Market size and forecast 2022-2027
      • Exhibit 29: Chart on Government - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 30: Data Table on Government - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 31: Chart on Government - Year-over-year growth 2022-2027 (%)
      • Exhibit 32: Data Table on Government - Year-over-year growth 2022-2027 (%)
    • 5.4 Non-government - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Non-government - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 34: Data Table on Non-government - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Chart on Non-government - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Non-government - Year-over-year growth 2022-2027 (%)
    • 5.5 Market opportunity by End-user
      • Exhibit 37: Market opportunity by End-user ($ billion)
      • Exhibit 38: Data Table on Market opportunity by End-user ($ billion)

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 39: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 40: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 41: Chart on Comparison by Type
      • Exhibit 42: Data Table on Comparison by Type
    • 6.3 Rapid test kit - Market size and forecast 2022-2027
      • Exhibit 43: Chart on Rapid test kit - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Data Table on Rapid test kit - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 45: Chart on Rapid test kit - Year-over-year growth 2022-2027 (%)
      • Exhibit 46: Data Table on Rapid test kit - Year-over-year growth 2022-2027 (%)
    • 6.4 RT-PCR - Market size and forecast 2022-2027
      • Exhibit 47: Chart on RT-PCR - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Data Table on RT-PCR - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Chart on RT-PCR - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on RT-PCR - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 55: Market opportunity by Type ($ billion)
      • Exhibit 56: Data Table on Market opportunity by Type ($ billion)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 58: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 59: Data Table on Market share by geography 2022-2027 (%)
    • 8.2 Geographic comparison
      • Exhibit 60: Chart on Geographic comparison
      • Exhibit 61: Data Table on Geographic comparison
    • 8.3 Europe - Market size and forecast 2022-2027
      • Exhibit 62: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 63: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 65: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 8.4 Asia - Market size and forecast 2022-2027
      • Exhibit 66: Chart on Asia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 67: Data Table on Asia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 69: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 8.5 North America - Market size and forecast 2022-2027
      • Exhibit 70: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 71: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 73: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 8.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 74: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 77: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 8.7 US - Market size and forecast 2022-2027
      • Exhibit 78: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 81: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 8.8 India - Market size and forecast 2022-2027
      • Exhibit 82: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 85: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 8.9 UK - Market size and forecast 2022-2027
      • Exhibit 86: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 89: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 8.10 Spain - Market size and forecast 2022-2027
      • Exhibit 90: Chart on Spain - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Data Table on Spain - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Chart on Spain - Year-over-year growth 2022-2027 (%)
      • Exhibit 93: Data Table on Spain - Year-over-year growth 2022-2027 (%)
    • 8.11 Russia - Market size and forecast 2022-2027
      • Exhibit 94: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Exhibit 97: Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • 8.12 Market opportunity by geography
      • Exhibit 98: Market opportunity by geography ($ billion)
      • Exhibit 99: Data Tables on Market opportunity by geography ($ billion)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 100: Impact of drivers and challenges in 2022 and 2027
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 101: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 102: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 103: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 104: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 105: Matrix on vendor position and classification
            • 11.3 Abbott Laboratories
              • Exhibit 106: Abbott Laboratories - Overview
              • Exhibit 107: Abbott Laboratories - Business segments
              • Exhibit 108: Abbott Laboratories - Key news
              • Exhibit 109: Abbott Laboratories - Key offerings
              • Exhibit 110: Abbott Laboratories - Segment focus
            • 11.4 BGI Group
              • Exhibit 111: BGI Group - Overview
              • Exhibit 112: BGI Group - Product / Service
              • Exhibit 113: BGI Group - Key offerings
            • 11.5 Bio Rad Laboratories Inc.
              • Exhibit 114: Bio Rad Laboratories Inc. - Overview
              • Exhibit 115: Bio Rad Laboratories Inc. - Business segments
              • Exhibit 116: Bio Rad Laboratories Inc. - Key news
              • Exhibit 117: Bio Rad Laboratories Inc. - Key offerings
              • Exhibit 118: Bio Rad Laboratories Inc. - Segment focus
            • 11.6 bioMerieux SA
              • Exhibit 119: bioMerieux SA - Overview
              • Exhibit 120: bioMerieux SA - Product / Service
              • Exhibit 121: bioMerieux SA - Key offerings
            • 11.7 Cellex Inc.
              • Exhibit 122: Cellex Inc. - Overview
              • Exhibit 123: Cellex Inc. - Product / Service
              • Exhibit 124: Cellex Inc. - Key offerings
            • 11.8 Chembio Diagnostics Inc.
              • Exhibit 125: Chembio Diagnostics Inc. - Overview
              • Exhibit 126: Chembio Diagnostics Inc. - Product / Service
              • Exhibit 127: Chembio Diagnostics Inc. - Key offerings
            • 11.9 Cue Health Inc.
              • Exhibit 128: Cue Health Inc. - Overview
              • Exhibit 129: Cue Health Inc. - Product / Service
              • Exhibit 130: Cue Health Inc. - Key offerings
            • 11.10 Danaher Corp.
              • Exhibit 131: Danaher Corp. - Overview
              • Exhibit 132: Danaher Corp. - Business segments
              • Exhibit 133: Danaher Corp. - Key news
              • Exhibit 134: Danaher Corp. - Key offerings
              • Exhibit 135: Danaher Corp. - Segment focus
            • 11.11 F. Hoffmann La Roche Ltd.
              • Exhibit 136: F. Hoffmann La Roche Ltd. - Overview
              • Exhibit 137: F. Hoffmann La Roche Ltd. - Business segments
              • Exhibit 138: F. Hoffmann La Roche Ltd. - Key news
              • Exhibit 139: F. Hoffmann La Roche Ltd. - Key offerings
              • Exhibit 140: F. Hoffmann La Roche Ltd. - Segment focus
            • 11.12 Mylab Discovery Solutions Pvt Ltd.
              • Exhibit 141: Mylab Discovery Solutions Pvt Ltd. - Overview
              • Exhibit 142: Mylab Discovery Solutions Pvt Ltd. - Product / Service
              • Exhibit 143: Mylab Discovery Solutions Pvt Ltd. - Key offerings
            • 11.13 QIAGEN NV
              • Exhibit 144: QIAGEN NV - Overview
              • Exhibit 145: QIAGEN NV - Product / Service
              • Exhibit 146: QIAGEN NV - Key news
              • Exhibit 147: QIAGEN NV - Key offerings
            • 11.14 QuidelOrtho Corp.
              • Exhibit 148: QuidelOrtho Corp. - Overview
              • Exhibit 149: QuidelOrtho Corp. - Product / Service
              • Exhibit 150: QuidelOrtho Corp. - Key offerings
            • 11.15 Robert Bosch GmbH
              • Exhibit 151: Robert Bosch GmbH - Overview
              • Exhibit 152: Robert Bosch GmbH - Business segments
              • Exhibit 153: Robert Bosch GmbH - Key news
              • Exhibit 154: Robert Bosch GmbH - Key offerings
              • Exhibit 155: Robert Bosch GmbH - Segment focus
            • 11.16 Siemens AG
              • Exhibit 156: Siemens AG - Overview
              • Exhibit 157: Siemens AG - Business segments
              • Exhibit 158: Siemens AG - Key news
              • Exhibit 159: Siemens AG - Key offerings
              • Exhibit 160: Siemens AG - Segment focus
            • 11.17 Thermo Fisher Scientific Inc.
              • Exhibit 161: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 162: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 163: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 164: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 165: Thermo Fisher Scientific Inc. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 166: Inclusions checklist
                • Exhibit 167: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 168: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 169: Research methodology
                • Exhibit 170: Validation techniques employed for market sizing
                • Exhibit 171: Information sources
              • 12.5 List of abbreviations
                • Exhibit 172: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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