According to www.techsciresearch.com latest Report- Global coronavirus diagnostics market is expected to grow at a formidable rate and cross $ 2.2 billion by 2025. The global coronavirus diagnostics market is driven by surging incidences of this disease across different parts of the globe. Report URL- https://www.techsciresearch.com/report/coronavirus-diagnostics-market/4574.html

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GLOBAL CORONAVIRUS DIAGNOSTICS MARKET
COMPETITION, FORECAST & OPPORTUNITIES
2015-2025F
PUBLISHED : MAY, 2020
M A R K E T I N T E L L I G E N C E . C O N S U L T I N G
www.techsciresearch.com

2. 2© TechSci Research
Table of Contents
S. No. Contents
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global Coronavirus Diagnostics Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type of Test (Molecular v/s Serology)
5.2.2. By User (Single v/s Multiple)
5.2.3.
By Full Test Time (Less Than 60 Minutes, 1 Hour to 12 Hours, 13 Hours to 24 Hours, More Than 1
Days)
5.2.4 By End User (Hospitals, Public Health Labs, Private or Commercial Labs, Physician Labs, Others)
5.2.5. By Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa)
5.2.6. By Company
5.3. Product Market Map
6. Europe Coronavirus Diagnostics Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value

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6.2. Market Share & Forecast
6.2.1. By Type of Test
6.2.2. By User
6.2.3. By End User
6.2.4. By Country
6.3. Europe: Country Analysis
6.3.1. Russia Coronavirus Diagnostics Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type of Test
6.3.1.2.2. By User
6.3.1.2.3. By End User
6.3.2. Germany Coronavirus Diagnostics Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type of Test
6.3.2.2.2. By User
6.3.2.2.3. By End User
6.3.3. United Kingdom Coronavirus Diagnostics Market Outlook
6.3.3.1. Market Size & Forecast

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6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type of Test
6.3.3.2.2. By User
6.3.3.2.3. By End User
6.3.4. Italy Coronavirus Diagnostics Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Type of Test
6.3.4.2.2. By User
6.3.4.2.3. By End User
6.3.5. Spain Coronavirus Diagnostics Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Type of Test
6.3.5.2.2. By User
6.3.5.2.3. By End User
6.3.6. France Coronavirus Diagnostics Market Outlook
6.3.6.1. Market Size & Forecast
6.3.6.1.1. By Value
6.3.6.2. Market Share & Forecast

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6.3.6.2.1. By Type of Test
6.3.6.2.2. By User
6.3.6.2.3. By End User
7. North America Coronavirus Diagnostics Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type of Test
7.2.2. By User
7.2.3. By End User
7.2.4. By Country
7.3. North America: Country Analysis
7.3.1. United States Coronavirus Diagnostics Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type of Test
7.3.1.2.2. By User
7.3.1.2.3. By End User
7.3.2. Canada Coronavirus Diagnostics Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast

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7.3.2.2.1. By Type of Test
7.3.2.2.2. By User
7.3.2.2.3. By End User
7.3.3. Mexico Coronavirus Diagnostics Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type of Test
7.3.3.2.2. By User
7.3.3.2.3. By End User
8. Asia-Pacific Coronavirus Diagnostics Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type of Test
8.2.2. By User
8.3.3. By End User
8.3.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Coronavirus Diagnostics Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type of Test

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8.3.1.2.2. By User
8.3.1.2.3. By End User
8.3.2. India Coronavirus Diagnostics Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type of Test
8.3.2.2.2. By User
8.3.2.2.3. By End User
8.3.3. South Korea Coronavirus Diagnostics Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type of Test
8.3.3.2.2. By User
8.3.3.2.3. By End User
8.3.4. Australia Coronavirus Diagnostics Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type of Test
8.3.4.2.2. By User
8.3.4.2.3. By End User

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8.3.5. Japan Coronavirus Diagnostics Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type of Test
8.3.5.2.2. By User
8.3.5.2.3. By End User
8.3.6. Thailand Coronavirus Diagnostics Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Value
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Type of Test
8.3.6.2.2. By User
8.3.6.2.3. By End User
8.3.7. Singapore Coronavirus Diagnostics Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Value
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Type of Test
8.3.7.2.2. By User
8.3.7.2.3. By End User
9. Middle East & Africa Coronavirus Diagnostics Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast

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9.2.1. By Type of Test
9.2.2. By User
9.2.3. By End User
9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Iran Coronavirus Diagnostics Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type of Test
9.3.1.2.2. By User
9.3.1.2.3. By End User
9.3.2. UAE Coronavirus Diagnostics Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type of Test
9.3.1.2.2. By User
9.3.1.2.3. By End User
9.3.3. Saudi Arabia Coronavirus Diagnostics Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type of Test
9.3.3.2.2. By User

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9.3.4.2.3. By End User
9.3.4. South Africa Coronavirus Diagnostics Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Type of Test
9.3.4.2.2. By User
9.3.4.2.3. By End User
10. South America Coronavirus Diagnostics Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type of Test
10.2.2. By User
10.2.3. By End User
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Coronavirus Diagnostics Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type of Test
10.3.1.2.2. By User
10.3.1.2.3. By End User

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10.3.2. Argentina Coronavirus Diagnostics Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1 By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type of Test
10.3.2.2.2. By User
10.3.2.2.3. By End User
10.3.3. Colombia Coronavirus Diagnostics Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1 By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type of Test
10.3.3.2.2. By User
10.3.3.2.3. By End User
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends and Developments
13. Competitive Landscape
13.1. F.Hoffmann-La Roche Ltd
13.2. Abbott Laboratories

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13.3. Danaher Corporation
13.4. Siemens AG
13.5. Thermofisher Scientific
13.6. Mylab Discovery Solutions
13.7. Bio-Rad Laboratories, Inc
13.8. Biomerieux
13.9. GSK Biologicals
13.10. Altona Diagnostics
13.11 Seegene Inc.
14. Strategic Recommendations
15. About Us and Disclaimer

13. ProductOverview

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Product Overview
Historical Year
2015-2019
Estimated Year
2020
Forecast Period
2021-2025
Year Range
Global coronavirus diagnostics market is currently witnessing rapid growth and is expected to continue growing at a formidable rate during the
forecast period 2021 - 2025. The global coronavirus diagnostics market is driven by increasing prevalence of this disease and rising number of
deaths across the globe. Additionally, lack of adequate availability of kits or tests to diagnose the disease is further expected to propel the growth
of market in the coming years. The ongoing pandemic novel coronavirus disease (COVID-19) is caused due to SARS-COV-2 and spreads quickly
from one person to another through infected individual’s direct contact or their saliva droplets or nasal discharges when they cough or sneeze.
Coronavirus Diagnostics Market
Market Segmentation
REGION
• North America
• Europe
• Asia–Pacific
• Middle East & Africa
• South America
END USER
• Hospitals
• Public Health Labs
• Private or Commercial Labs
• Physician Labs
• Others
FULL TEST TIME
• Less Than 60 Minutes
• 1 Hour to 12 Hours
• 13 Hours to 24 Hours
• More Than 1 Day
TYPE OF TEST
• Molecular
• Serology
USER
• Single
• Multiple

15. ResearchMethodology

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Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data
Collection
Developing List of
Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
global coronavirus
diagnostics market, overall
market size and segmental
market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
global coronavirus
diagnostics market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Final Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn
✓ TechSci Internal
Database
✓ Factiva
✓ Hoovers
Paid Sources
✓ Company Websites
✓ Company Annual
Reports
✓ White Paper Study
✓ Financial Reports
✓ Investor Presentations
✓ Regulatory Body
✓ Associations, etc.
Secondary ResearchPrimary Research

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Baseline Methodology
Respondents were asked about the current and future market growth rates, as well as market shares by type of test, user, full
test time, end user and region. Removing the outlier responses, the geometric mean of growth estimates and manufacturer
wise revenue shares generated across various segments were considered to arrive at the final revenue shares. Revenue shares
generated across various segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
Market Size by Value: Market size, in terms of value, for the year 2019 was calculated based on the responses received
through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue
generated through coronavirus diagnostics, globally. The final shares were calculated by taking the geometric mean of the
responses gathered from key opinion leaders after eliminating the outliers.
The team interviewed more than 15 – 20 hospitals & clinics, 100 – 120 test labs, 15 – 20 industry experts and other value
chain stakeholders in the global coronavirus diagnostics market to obtain the overall market size for 2019, which was validated
by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the
market size data.
Research Methodology

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Methodology Followed for Forecasting:
TechSci Research performed periodical checks on data collected through the surveys with logical checks and analyzed the
survey results in SPSS/Tableau Software.
Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast
global coronavirus diagnostics market, TechSci Research used various forecast techniques such as:
o Moving Average
o Time Series Analysis
o Regression Analysis
o Econometric and Judgmental Analysis
• The currency used in the report is the United States Dollar (USD), with the market size indicated in USD billion.
Research Methodology

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Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions.
TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach
accurate market numbers. Partial list of companies interviewed and key secondary sources studied for the report:
Partial List of Companies Interviewed Key Secondary Sources
▪ F.Hoffmann-La Roche Ltd
▪ Abbott Laboratories
▪ Cepheid Inc
▪ Bio-Rad Laboratories
▪ Beckman Coulter
▪ Becton, Dickinson and Company
▪ Lonza group
▪ bioMérieux
▪ Mammoth Biosciences
▪ SD Biosensor
▪ Qiagen N.V.
▪ GSK Biologicals
▪ PerkinElmer Inc.
▪ Ortho-Clinical Diagnostics
▪ Thermo Fischer Scientific
▪ Mylab Discovery Solutions
▪ Altona Diagnostic
• International Monetary Fund
▪ World Bank
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ Credible Paid Databases
▪ News Dailies
▪ Government of UK
▪ Ministry of Health, Italy
▪ Robert Koch Institute
▪ Ministry of Health, Spain
▪ Oxford University
▪ World Health Organization
▪ The Food & Drug Administration

20. 20© TechSci Research
Strategic Recommendation
According to TechSci Research report, “Global Coronavirus Diagnostics Market By Type of Test, By User, By Full Test Time, By End User, By Region, Competition, Forecast & Opportunities, 2025”,
the global coronavirus diagnostics market is forecast to surpass $ 2.2 billion by 2025 on account of increasing R&D activities related to coronavirus diagnostics and treatment by major companies
and research laboratories around the globe. Additionally, increasing funding & grants by various governments around the world to find out efficient diagnostic and treatment methods is further
expected to spur the market over the next few years. Furthermore, increasing healthcare spending and rising need to protect the population from such outbreaks are expected to positively impact the
growth of market in the coming years. However, high cost of diagnostics can hamper the growth of market, especially in the developing economies in the near term. Additionally, limited availability of
diagnostic kits can hinder the growth of market.
The global coronavirus diagnostics market is segmented based on type of test, user, full test time, end user, company and region. Based on type of test, the market can be bifurcated into molecular
and serological tests. The serological tests segment is expected to witness significant growth during the forecast period since these tests are done using blood samples. Further, these tests are
helpful in determining patients with mild or no symptoms. Based on full test time, the market can be fragmented into less than 60 minutes, 1 hour to 12 hours, 13 hours - 24hours and more than 1
days. 1 hour to 12 hours segment is expected to dominate the market since most of the methods that are available right now take this much duration in the diagnosis of COVID-19 since they involve
real time PCR test followed by gene fingerprinting which usually takes time. The less than 60 minutes segment is also expected to witness significant growth during the forecast period because
California-based molecular diagnostics company Cepheid has developed a rapid coronavirus diagnostic test with detection time of about 45 minutes and has got the approval from FDA also. By the
end of March 2020, the company intends to roll out its testing kits. Based on end user, the market can be segmented into hospitals, public health labs, private or commercial labs, physician labs and
others. The hospitals segment is expected to dominate the market owing to the presence of sophisticated diagnostic and treatment facilities in them.
Roche Diagnostics, Abbott, Cepheid Inc, Bio-Rad Laboratories, Beckman Coulter, Becton, Dickinson and Company, Lonza, bioMérieux, Mammoth Biosciences, Hologic, Qiagen, GSK Biologicals,
PerkinElmer, Ortho-Clinical Diagnostics, Thermo Fischer Scientific, Mylab, and Altona Diagnostics are some of the leading players operating in the global coronavirus diagnostics market. The
companies operating in the market are increasing focusing on developing low cost diagnostic kits that offer high efficiency and accuracy. For instance, recently Pune (India) based molecular
diagnostic company Mylab has become the first Indian company to have received the validation for its COVID-19 diagnostic test kits also known as the Reverse Transcription Polymerase Chain
Reaction (RT-PCR) tests by the Drug Controller of India, after the National Institute of Virology validated its test.
“North America and Europe are expected to dominate the coronavirus diagnostics market during the forecast period. Increasing investments in R&D activities along with strong support from the
governments in the regions are further expected to create huge market opportunities for diagnostic players over the next few years.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.

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Strategic Recommendation
Global Coronavirus Diagnostics Market Size, By Value (USD Million), 2015-2025F
Global Coronavirus Diagnostics Market Share, By Type of Test, By Value, 2015-2025F
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
Molecular 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00%
Serology 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00%
2020E 2021F 2022F 2023F 2024F 2025F
Hospitals 50.00% 50.00% 50.00% 50.00% 50.00% 50.00%
Public Health Labs 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%
Private or Commercial Labs 15.00% 15.00% 15.00% 15.00% 15.00% 15.00%
Physician Labs 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%
Others 5.00% 5.00% 5.00% 5.00% 5.00% 5.00%
Mexico Coronavirus Diagnostics Market Share, By End User, By Value, 2020E-2025F
2015 2019 2020E 2025F
By Value (USD Million)
CAGR By Value
YY%
CAGR By Value
XX%

22. 22© TechSci Research
Strategic Recommendation
REPORT NAME : GLOBAL CORONAVIRUS DIAGNOSTICS MARKET
COMPETITION, FORECAST & OPPORTUNITIES
2020-2025
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23. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas
to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting
models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and
global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the
market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or
complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand.
However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results
obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together
with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal
consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
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