Report ID: UCMIG35A2497
Report ID:
UCMIG35A2497 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The estimated market size for COVID-19 saliva screening tests in 2020 was USD 2955.9 billion, and from 2021 to 2023, it is anticipated to rise at a CAGR (compound annual growth rate) of 4.8%. These projections depict a potential market size for the COVID-19 saliva test for screening in the event that end-use locations have a population attendance of 60.0% (pre-COVID attendance rate) and a testing rate of 100.0% using the COVID-19 saliva screen test equipment. Due to its ease of use, patient friendliness, and speedier test-to-result turnaround, saliva-based screening for SARS_CoV-2 is growing in popularity.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35A2497