According to a new report by Expert Market Research titled, “North America COVID-19 Diagnostics Market Size, Share, Analysis, Report and Forecast 2024-2032″, the North America COVID-19 diagnostics market witnessed a significant expansion during the historical period. The market is likely to be influenced by the ongoing impact of the COVID-19 pandemic and the evolving nature of the virus.
COVID-19 diagnostics play a crucial role in managing and controlling the spread of the virus. These diagnostics include a range of testing methods such as RT-PCR tests, antigen tests, and antibody tests, each serving a unique purpose in the detection and management of COVID-19 cases.
The North America COVID-19 diagnostics market growth is primarily fuelled by the ongoing need for large-scale testing due to the continuous emergence of new COVID-19 variants. The persistent threat of the virus necessitates robust testing infrastructure and capabilities to enable early detection and containment of outbreaks.
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Another significant driver for the market is the technological advancements in diagnostic testing. Innovations in testing methods, such as rapid antigen tests and home testing kits, are some of the crucial North America COVID-19 diagnostics market trends that have made testing more accessible and efficient. These advancements are critical in offering timely diagnosis and in aiding healthcare systems to manage the patient load effectively.
The increasing public and private sector collaboration in response to the pandemic has also been pivotal for market growth. Significant investments and partnerships have been formed to enhance testing capabilities, including the development of new testing technologies and the expansion of testing facilities.
As per the North America COVID-19 diagnostics market analysis, government initiatives and policies play a vital role in shaping the market. In North America, governments have implemented various measures, such as funding for testing, guidelines for testing protocols, and approval of emergency use authorisations for new testing methods, all of which have contributed to the market’s expansion.
The market is also expected to benefit from the increasing focus on developing more accurate and faster diagnostic tests. The integration of AI and machine learning in diagnostics is anticipated to improve the efficiency and accuracy of COVID-19 testing and contribute to the North America COVID-19 diagnostics market size.
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North America COVID-19 Diagnostics Market Segmentation
The market can be divided based on test type, product, sample type, business model, end use, and country.
Market Breakup by Test Type
• PCR Test
• Antigen Test
• Antibody Test
• Others
Market Breakup by Product
• RT-PCR Assay Kits
• Immunoassay Test Strips
• Others
Market Breakup by Sample Type
• Nasopharyngeal Swab
• Oropharyngeal (OP) Swab
• Nasal Swab
• Blood Test
• Others
Market Breakup by Business Model
• Point-of-Care (PoC) Testing
• Non-Point-of-Care (PoC) Testing
Market Breakup by End Use
• Hospitals
• Diagnostic Centres and Clinics
• Laboratories
• Others
Market Breakup by Country
• United States of America
• Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North America COVID-19 diagnostics market. Some of the major players explored in the report by Expert Market Research are as follows:
• Abbott Laboratories
• Becton, Dickinson and Company
• LuminUltra Technologies Ltd.
• Co-Diagnostics, Inc
• CTK Biotech, Inc.
• Thermo Fisher Scientific
• Others
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