October 6, 2024

Bacterial and Viral Specimen Collection Market Size, Share, Report 2033

The global bacterial and viral specimen collection market size is expected to increase USD 151.41 billion by 2033 from USD 40.31 billion in 2023 with a CAGR of 14.15% between 2024 and 2033.

Key Points

  • The North America bacterial and viral specimen collection market size reached USD 18.54 billion in 2023 and is expected to attain around USD 70.41 billion by 2033, poised to grow at a CAGR of 14.27% between 2024 and 2033.
  • North America dominated the global market with the largest revenue share of 46% in 2023.
  • Asia Pacific is expected to grow at a significant rate in the market during the forecast period.
  • By product, the bacterial specimen collection segment has held the biggest revenue share of 62% in 2023.
  • By application, the diagnostic has contributed more than 74% of revenue share in 2023.
  • By end user, the hospitals and clinics segment has recorded more than 61% of revenue share in 2023.

Bacterial and Viral Specimen Collection Market Size 2024 to 2033

The Bacterial and Viral Specimen Collection Market encompasses a range of products essential for collecting, transporting, and preserving specimens used in diagnostic testing for infectious diseases. This includes various devices such as swabs, containers, and transport media, designed to maintain the integrity and viability of samples during transit to laboratories for analysis. The market plays a critical role in supporting accurate diagnosis and disease surveillance, particularly in the context of global health challenges like pandemics and emerging infectious threats.

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The market is experiencing robust growth driven by several key factors. Firstly, the increasing incidence of infectious diseases globally is a primary driver. Outbreaks such as COVID-19, Ebola, and Zika virus have underscored the critical need for effective specimen collection devices that can preserve sample integrity and ensure accurate diagnostic results. Moreover, advancements in diagnostic technologies, including molecular diagnostics and rapid testing methods, are fueling demand for reliable specimen collection products that support these innovative testing approaches.

Regionally, the market exhibits varying dynamics influenced by healthcare infrastructure, disease prevalence rates, and economic factors. North America currently dominates the market, benefiting from a well-established healthcare system, high adoption of advanced diagnostic technologies, and proactive government initiatives aimed at disease surveillance and control. In Europe, strong investments in healthcare R&D and stringent regulatory standards contribute to a significant market share, ensuring high-quality specimen collection devices and reliable diagnostic outcomes.

In Asia Pacific, the market is expanding rapidly, driven by increasing healthcare access, rising healthcare expenditures, and efforts to enhance diagnostic capabilities in countries like China and India. These regions are witnessing investments in healthcare infrastructure and diagnostic laboratories, which are boosting the adoption of specimen collection products. Latin America and the Middle East/Africa regions are also experiencing moderate growth, supported by improving healthcare facilities and government initiatives to combat infectious diseases.

Bacterial and Viral Specimen Collection Market Scope

Report CoverageDetails
Market Size by 2033USD 151.41 Billion
Market Size in 2023USD 40.31 Billion
Market Size in 2024USD 46.01 Billion
Market Growth Rate from 2024 to 2033CAGR of 14.15%
Largest MarketNorth America
Base Year2023
Forecast Period2024 to 2033
Segments CoveredProduct, Application, End-use, and Regions
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Bacterial and Viral Specimen Collection Market Dynamics

Several drivers propel the growth of the bacterial and viral specimen collection market. Technological advancements play a crucial role, with ongoing innovations leading to the development of more efficient specimen collection devices. These advancements focus on improving sample preservation, transport capabilities, and compatibility with evolving diagnostic methods. Pandemic preparedness has also heightened the demand for robust specimen collection systems, driven by the need for rapid and accurate diagnostic testing during global health crises.

Moreover, increasing diagnostic testing rates for infectious diseases, coupled with growing public awareness and healthcare infrastructure improvements, contribute significantly to market growth. Regulatory support and adherence to stringent standards further bolster market expansion, ensuring that specimen collection devices meet high-quality and safety requirements across different regions.

Despite the growth opportunities, the market faces several challenges. High costs associated with research and development for advanced specimen collection technologies can impact pricing and market accessibility. Logistical challenges, including ensuring reliable transportation and storage conditions to maintain sample integrity, pose operational hurdles, particularly in remote or resource-limited settings. Regulatory complexities across diverse markets also present challenges, requiring manufacturers to navigate varying approval processes and compliance requirements.

Global supply chain disruptions, exemplified by challenges during the COVID-19 pandemic, underscore the vulnerability of the market to external shocks and highlight the importance of resilient supply chain management strategies. Addressing these challenges requires strategic initiatives, including product diversification into emerging markets, collaborations with healthcare providers and laboratories, and innovations in telemedicine-compatible specimen collection devices.

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Bacterial and Viral Specimen Collection Market Key Companies

  • Puritan Medical Products
  • COPAN Diagnostics
  • Becton, Dickinson and Company
  • Thermo Fisher Scientific, Inc.
  • Quidel Corporation
  • Longhorn Vaccines and Diagnostics, LLC
  • Pretium Packaging
  • Trinity Biotech
  • Medical Wire & Equipment
  • HiMedia Laboratories
  • Hardy Diagnostics
  • Nest Scientific
  • VIRCELL S.L.
  • DiaSorin
  • Titan Biotech

Recent Developments

  • On June 04, 2024, according to a study published in The Lancet, a Peer-reviewed journal and the European Health Union, European government faculty revealed that the 29-year-old Dutch scientist Rochelle Niemeijer innovated an affordable, fast, and artificial intelligence-driven tool to collect and diagnose bacterial infectious specimens. Up until July 9, 2024, the Dutch innovator will compete for the Young Inventors Prize, a recognition established by the European Patent Office, against a team from Tunisia and a finalist from Ukraine. Due to her promising work addressing one of the Sustainable Development Goals (SDGs) of the United Nations by making specimen collection and diagnosis more accessible, Niemeijer has been nominated as a finalist for the Young Inventors Prize of the European Inventor Award 2024.
  • On January 19, 2024, ELITechGroup, an in-vitro diagnostics company, revealed the launch of the ‘GI Bacterial PLUS ELITe MGB Kit,’ which assists in bacterial specimen collection and diagnosis. The in vitro assay made available in ‘GI Bacterial PLUS ELITe MGB Kit’ is designed specifically to identify bacterial infections in the gastrointestinal tract. It targets key pathogens such as Yersinia enterocolitica, Clostridium difficile, Shigella species, Campylobacter species, and Salmonella species.

Segments Covered in the Report

By Product

  • Bacterial Specimen Collection
    • Swabs
    • Bacterial Transport Media
    • Blood Collection Kits
    • Other Consumables
  • Viral Specimen Collection
    • Swabs
    • Viral Transport Media
    • Blood Collection Kits
    • Other Consumables

By Application

  • Diagnostics
  • Research

By End-use

  • Hospitals & Clinics
  • Home Test
  • Research Laboratories

By Geography

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East & Africa

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