MARKET DEFINITION

Viable specimens (viruses) are transported and maintained so they can be identified and processed further in a lab using a nutrient, known as a viral transport media (VTM). In terms of content, morphology, stability, structure and size, viral agents differ greatly. More individuals being aware of the advantages of viral transfer kits will open up numerous potentials for market expansion. The first flu pandemic in more than 40 years was brought on by the isolation of the novel H1N1 influenza virus, which brought to light the importance of viral transport medium. Since then, it has mostly been used for the transportation of viral samples along the value chain of research and therapeutics by hospitals, laboratories, and academic and research institutes.

MARKET DYNAMICS

The ongoing need for viral transport medium kits is a result of the increase in infectious illness incidence. Viral infections are one of the biggest burdens felt throughout the pandemic period. As viral infectious diseases have become increasingly prevalent, viral transport media kits have expanded. Examples of viral infectious diseases include Covid-19, H1N1 and others. During the covered forecast period, the market for viral transport media will grow as a result of the presence of funds from various organisations, the fall in the use of swabs and other forms of transport media, and an increase in opportunities.

REPORT SCOPE

The report titled “Global Viral Transport Media Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the Global Viral Transport Media market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Viral Transport Media market with a strong focus on key market trends, vital player strategies, and market forecasts. The study also covers key market dynamics, including drivers, restraints, opportunities, challenges, and existing and upcoming pathways that help CXOs make critical business decisions effectively. The global Viral Transport Media Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.

GEOGRAPHICAL OVERVIEW

The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations worldwide, as well as the present trend and possibilities in these regions.

 

MARKET SEGMENTATION

The Global Viral Transport Media Market is segmented based on application, end user and region. Based on the application, the market is segmented as diagnosis of certain viral infections and preclinical testing. End users are segmented as microbiology laboratories, diagnostic laboratories, hospitals and clinics, home tests and others.

COMPETITION LANDSCAPE

The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Viral Transport Media market players. The report covers industry activities, including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Viral Transport Media market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Viral Transport Media market, emphasizing the strategic initiatives, financial information, SWOT analysis, and key development in the Viral Transport Media Market industry in the past three years.

Key players in the Global Viral Transport Media Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:

·         Thermo Fisher Scientific Inc.

·         Puritan Medical Products

·         Laboratory Corporation of America Holdings

·         Lucence Health Inc.

·         Sigma-Aldrich Co.

·         Wuxi AppTec

·         Merck & Co. Inc.

·         Eurofins Scientific

·         General Electric

·         Danaher

·         Sartorius AG

·         Bio-Rad Laboratories, Inc.

·         Biospherix, Ltd

·         Novogene Co Ltd.

 

COVID-19 IMPACT ANALYSIS ON THE GLOBAL VIRAL TRANSPORT MEDIA MARKET

The COVID-19 pandemic is still a very personal, individual experience that is also a once-in-a-lifetime worldwide phenomenon with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities and also had a negative impact on global economic development in 2020, unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce was expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.

In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations, however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market, thereby, providing accurate and trustworthy forecasts.

Report Attribute/Metric	Details
Market Size	In USD Million
CAGR	In % (2022-2028)
Base Year	2021
Forecast Period	2022 – 2028
Historical Data	2017 to 2021
Forecast Unit	Value (US$ Mn)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors and Trends
Geographies Covered	North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key Players Analyzed	Thermo Fisher Scientific Inc., Puritan Medical Products , Laboratory Corporation of America Holdings, Lucence Health Inc., Sigma-Aldrich Co., Wuxi AppTec, Merck & Co. Inc., Eurofins Scientific, General Electric, Danaher, Sartorius AG, Bio-Rad Laboratories, Inc., Biospherix, Ltd, Novogene Co Ltd.
Customization & Pricing	Available on Request (10% Customization is Free)

 

RESEARCH PROGRAM DESIGN

 

KEY QUESTIONS ANSWERED

1.    What is the current size of the global Viral Transport Media market?

2.    What will be the growth rate of the market over the forecast period?

3.    Who are the key manufacturers/vendors in the Viral Transport Media market space?

4.    What are the major market opportunities and market risks faced by the market?

5.    What is the impact of COVID-19 on the market?

6.    What is the revenue, sales, and price analysis of the top manufacturers in this market?

7.    What are the key outcomes of Porter's five forces model?

8.    Who are the distributors, traders, and vendors in the industry?

 

REASONS FOR BUYING THIS REPORT:

·         The report offers comprehensive data on the Viral Transport Media market elaborating on the current state and future growth prospects both globally and regionally

·         It offers a six-year market forecast trend evaluating the impact of drivers and restraints and supporting factors for growth

·         The report offers deep-dive insights into each market segment and critical factors responsible for its growth

·         The report presents precise picture of the dynamic competitive landscape which helps our client advance their market position

·         The comprehensive analysis of the market along with the inclusion of analyst recommendations ensures that our clients make informed business decisions

·         Cross-segment country-level analysis included in the report which provides granular analysis of more than 20+ countries covered in the report scope

·         The study includes detailed profiles of major manufacturers to help our readers gain holistic overview of the market competitors and consequently align their business strategies

Chapter 1.  Executive Summary

1.1.   Market Outlook

1.2.   Market Segment Outlook

1.3.   Geography Outlook

1.4.   Absolute $ Opportunity

Chapter 2.  Research Methodology

2.1.   Research Approach

2.2.   Scope, Definition, and Assumptions

2.3.   Data Sources

2.3.1. Secondary Sources

2.3.1.1.         Preliminary Data Mining

2.3.2. Primary Sources

2.3.2.1.         Statistical Placement

2.3.2.2.         Data Triangulation

2.3.2.3.         Research Objective

Chapter 3.  Market Outlook

3.1.   Introduction

3.2.   Key Trends

3.2.1. Application Trends

3.2.2. End User Trends

3.3.   Market Dynamics

3.3.1. Market Drivers

3.3.1.1.         Impact Analysis of Market Drivers

3.3.2. Market Restraints

3.3.2.1.         Impact Analysis of Market Restraints

3.3.3. Market Opportunities

3.3.3.1.         Impact Analysis of Market Opportunities

3.3.4. Market Challenges

3.3.4.1.         Impact Analysis of Market Challenges

3.4.   Porter’s Five Forces’ Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of New Entrant

3.4.4. Threat of Substitutes

3.4.5. Competitive Rivalry

3.5.   Value Chain Analysis: Global Viral Transport Media Market

3.6.   COVID-19 Impact Assessment in Viral Transport Media Market

3.6.1. Impact Assessment on Global Viral Transport Media Market

3.6.2. Market Trends and Opportunities in the Covid-19 Landscape

Chapter 4.  Global Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

4.1.   Global Viral Transport Media Market Share, By Application, 2017 - 2028 (USD Million)

4.1.1. Diagnosis of Certain Viral Infections

4.1.2. Preclinical Testing

Chapter 5.  Global Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

5.1.   Global Viral Transport Media Market Share, By End User, 2017 - 2028 (USD Million)

5.1.1. Microbiology Laboratories

5.1.2. Diagnostic Laboratories

5.1.3. Hospitals and Clinics

5.1.4. Home Test

5.1.5. Others

Chapter 6.  Global Viral Transport Media Market Overview, By Geography, 2017 - 2028 (USD Million)

6.1.   Global Viral Transport Media Market Share, By Geography, 2017 - 2028 (USD Million)

6.1.1. Market End User and Projections, by Countries, 2017 - 2028 (USD Million)

6.1.2. Market Share and CAGR Comparison, by Countries, 2021 (%)

Chapter 7.  North America Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

7.1.     North America Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

7.1.1.     Market End User and projections, 2017 - 2028 (USD Million)

7.1.2.     North America Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

7.1.3.     North America Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

7.2.     North America Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

7.2.1.     U.S. Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

7.2.1.1.         U.S. Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

7.2.1.2.         U.S. Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

7.2.2.     Canada Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

7.2.2.1.         Canada Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

7.2.2.2.         Canada Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

7.2.3.     Mexico Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

7.2.3.1.         Mexico Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

7.2.3.2.         Mexico Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 8.  Europe Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

8.1.     Europe Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

8.1.1. Market End User and projections, 2017 - 2028 (USD Million)

8.1.2.     Europe Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

8.1.3.     Europe Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

8.2.     Europe Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

8.2.1.     Germany Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

8.2.1.1.         Germany Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

8.2.1.2.         Germany Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

8.2.2.     France Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

8.2.2.1.         France Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

8.2.2.2.         France Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

8.2.3.     UK Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

8.2.3.1.         UK Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

8.2.3.2.         UK Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

8.2.4.     Italy Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

8.2.4.1.         Italy Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

8.2.4.2.         Italy Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

8.2.5.     Spain Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

8.2.5.1.         Spain Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

8.2.5.2.         Spain Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

8.2.6.     NORDIC Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

8.2.6.1.         NORDIC Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

8.2.6.2.         NORDIC Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

8.2.7.     Russia and CIS Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

8.2.7.1.         Russia and CIS Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

8.2.7.2.         Russia and CIS Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

8.2.8.     Rest of Europe Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

8.2.8.1.         Rest of Europe Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

8.2.8.2.         Rest of Europe Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 9.  Asia Pacific Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

9.1.     Asia Pacific Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

9.1.1. Market End User and projections, 2017 - 2028 (USD Million)

9.1.2.     Asia Pacific Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

9.1.3.     Asia Pacific Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

9.2.     Asia Pacific Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

9.2.1.     India Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

9.2.1.1.         India Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

9.2.1.2.         India Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

9.2.2.     China Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

9.2.2.1.         China Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

9.2.2.2.         China Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

9.2.3.     Japan Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

9.2.3.1.         Japan Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

9.2.3.2.         Japan Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

9.2.4.     ASEAN Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

9.2.4.1.         ASEAN Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

9.2.4.2.         ASEAN Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

9.2.5.     South Korea Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

9.2.5.1.         South Korea Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

9.2.5.2.         South Korea Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

9.2.6.     Australia Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

9.2.6.1.         Australia Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

9.2.6.2.         Australia Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

9.2.7.     Rest of Asia Pacific Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

9.2.7.1.         Rest of Asia Pacific Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

9.2.7.2.         Rest of Asia Pacific Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 10.      South America Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

10.1.  South America Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

10.1.1.   Market End User and projections, 2017 - 2028 (USD Million)

10.1.2.   South America Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

10.1.3.   South America Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

10.2.  South America Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

10.2.1.   Brazil Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

10.2.1.1.       Brazil Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

10.2.1.2.       Brazil Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

10.2.2.   Argentina Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

10.2.2.1.       Argentina Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

10.2.2.2.       Argentina Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

10.2.3.   Rest of South America Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

10.2.3.1.       Rest of South America Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

10.2.3.2.       Rest of South America Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 11.      Middle East & Africa Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

11.1.  Middle East & Africa Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

11.1.1.   Market End User and projections, 2017 - 2028 (USD Million)

11.1.2.   Middle East & Africa Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

11.1.3.   Middle East & Africa Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

11.2.  Middle East & Africa Viral Transport Media Market Overview, By Countries, 2017 - 2028 (USD Million)

11.2.1.   GCC Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

11.2.1.1.       GCC Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

11.2.1.2.       GCC Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

11.2.2.   South Africa Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

11.2.2.1.       South Africa Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

11.2.2.2.       South Africa Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

11.2.3.   Rest of Middle East & Africa Viral Transport Media Market Overview, 2017 - 2028 (USD Million)

11.2.3.1.       Rest of Middle East & Africa Viral Transport Media Market Overview, By Application, 2017 - 2028 (USD Million)

11.2.3.2.       Rest of Middle East & Africa Viral Transport Media Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 12.      Competitive Landscape

12.1.  Competitive Environment, 2021

12.2.  Strategic Framework

12.2.1.   Partnership/Collaborations/Agreement

12.2.2.   Expansion

12.2.3.   Mergers & Acquisitions

12.2.4.   New Product Development

Chapter 13.      Key Vendor Analysis

13.1.              Thermo Fisher Scientific Inc.

13.1.1.       Business Overview

13.1.2.       Product Benchmarking

13.1.3.       Financial Data

13.1.4.       Strategic Overview

13.1.5.       Key Developments

13.1.6.       SWOT Analysis

13.2.              Puritan Medical Products

13.2.1.       Business Overview

13.2.2.       Product Benchmarking

13.2.3.       Financial Data

13.2.4.       Strategic Overview

13.2.5.       Key Developments

13.2.6.       SWOT Analysis

13.3.              Laboratory Corporation of America Holdings

13.3.1.       Business Overview

13.3.2.       Product Benchmarking

13.3.3.       Financial Data

13.3.4.       Strategic Overview

13.3.5.       Key Developments

13.3.6.       SWOT Analysis

13.4.              Lucence Health Inc.

13.4.1.       Business Overview

13.4.2.       Product Benchmarking

13.4.3.       Financial Data

13.4.4.       Strategic Overview

13.4.5.       Key Developments

13.4.6.       SWOT Analysis

13.5.              Sigma-Aldrich Co.

13.5.1.       Business Overview

13.5.2.       Product Benchmarking

13.5.3.       Financial Data

13.5.4.       Strategic Overview

13.5.5.       Key Developments

13.5.6.       SWOT Analysis

13.6.              Wuxi AppTec

13.6.1.       Business Overview

13.6.2.       Product Benchmarking

13.6.3.       Financial Data

13.6.4.       Strategic Overview

13.6.5.       Key Developments

13.6.6.       SWOT Analysis

13.7.              Merck & Co. Inc.

13.7.1.       Business Overview

13.7.2.       Product Benchmarking

13.7.3.       Financial Data

13.7.4.       Strategic Overview

13.7.5.       Key Developments

13.7.6.       SWOT Analysis

13.8.              Eurofins Scientific

13.8.1.       Business Overview

13.8.2.       Product Benchmarking

13.8.3.       Financial Data

13.8.4.       Strategic Overview

13.8.5.       Key Developments

13.8.6.       SWOT Analysis

13.9.              General Electric

13.9.1.       Business Overview

13.9.2.       Product Benchmarking

13.9.3.       Financial Data

13.9.4.       Strategic Overview

13.9.5.       Key Developments

13.9.6.       SWOT Analysis

13.10.            Danaher

13.10.1.    Business Overview

13.10.2.    Product Benchmarking

13.10.3.    Financial Data

13.10.4.    Strategic Overview

13.10.5.    Key Developments

13.10.6.    SWOT Analysis

13.11.            Sartorius AG

13.11.1.    Business Overview

13.11.2.    Product Benchmarking

13.11.3.    Financial Data

13.11.4.    Strategic Overview

13.11.5.    Key Developments

13.11.6.    SWOT Analysis

13.12.            Bio-Rad Laboratories, Inc.

13.12.1.    Business Overview

13.12.2.    Product Benchmarking

13.12.3.    Financial Data

13.12.4.    Strategic Overview

13.12.5.    Key Developments

13.12.6.    SWOT Analysis

13.13.            Biospherix, Ltd

13.13.1.    Business Overview

13.13.2.    Product Benchmarking

13.13.3.    Financial Data

13.13.4.    Strategic Overview

13.13.5.    Key Developments

13.13.6.    SWOT Analysis

13.14.            Novogene Co Ltd.

13.14.1.    Business Overview

13.14.2.    Product Benchmarking

13.14.3.    Financial Data

13.14.4.    Strategic Overview

13.14.5.    Key Developments

13.14.6.    SWOT Analysis

Chapter 14.   Future Outlook of the Market