"To achieve maximum return on investment (ROI), it is crucial to understand brand awareness, market landscape, potential future issues, industry trends, and customer behavior. All the data and information presented in the world-class Viral Transport Media Market research report assists businesses in making superior decisions and improving return on investment (ROI). A data triangulation method is employed for this purpose, involving data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Furthermore, market segmentation is another important parameter of the persuasive Viral Transport Media Market business report, categorizing the market based on application, vertical, deployment model, end-user, and geography.
The large-scale Viral Transport Media Market report employs the latest tools and techniques for researching, analyzing, and gathering data and information. The report also includes strategic profiling of key players in the market, a systematic analysis of their core competencies, and a depiction of the competitive landscape. The DBMR team of analysts can provide market data in raw excel files, pivot tables (Factbook), in the format and style anticipated by clients, or assist in creating presentations from the datasets available in the report. With the credible Viral Transport Media Market survey report, businesses can focus on the data and realities of the Viral Transport Media Market industry, keeping their business on the right path.
The market for viral transport media market is expected to grow in the forecast period of 2022-2029. Increasing awareness among the people regarding the benefits of viral transport kit will further create many opportunities for market growth. The discovery of a novel H1N1 influenza virus, which sparked the first flu pandemic in more than 40 years, made the significance of viral transport medium well recognised. Since then, it has primarily been utilised by hospitals, laboratories, and academic and research institutions for the transportation of viral samples throughout the research and therapeutic value chain.
Data Bridge Market Research analyses that the viral transport media market which was USD 0.99 billion in 2021, would rocket up to USD 1.46 billion by 2029, and is expected to undergo a CAGR of 5.00% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework
Explore Further Details about This Research Viral Transport Media Market Report https://www.databridgemarketresearch.com/reports/global-viral-transport-media-market
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2014 - 2019) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Application (Diagnosis of Certain Viral Infections, Preclinical Testing), End User (Microbiology Laboratories, Diagnostic Laboratories, Hospitals and Clinics, Home Test, Others) |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
| Market Players Covered | Thermo Fisher Scientific Inc.(U.S.), Puritan Medical Products (U.S.), BD (U.S.), Laboratory Corporation of America Holdings (U.S.), Lucence Health Inc. (Singapore), Sigma-Aldrich Co. (U.S.), Wuxi AppTec (China), Merck & Co. Inc. (U.S.), Eurofins Scientific (Luxembourg), General Electric (U.S.), Danaher (U.S.), Sartorius AG (Germany), Bio-Rad Laboratories, Inc. (U.S.), BD (U.S.), Biospherix, Ltd (U.S.) and Novogene Co Ltd. (China) |
| Market Opportunities |
|
Market Definition
A nutritional substance known as a viral transport media (VTM) is used to transport and preserve the viability of specimens (viruses) so they may be identified and further processed in a lab. Viral agents vary widely in composition, stability, structure, morphology, and size.
Viral Transport Media Market Dynamics
Drivers
- Rising covid cases
In the forecast period of 2022–2029, a number of factors including an increase in the number of new, small-scale manufacturers that expand business operations, an increase in the number of SARS Covid19 cases around the world, and an increase in the number of government initiatives adopted to promote the use of testing kits will likely contribute to the growth of the viral transport media market.
- Rise in prevalence of funds from various organisations
On the other hand, the prevalence of funds from various organisations together with the decline in the use of swabs and other forms of transport media will further increase opportunities, leading to the expansion of the market for viral transport media during the period covered by the forecast.
- Increasing infectious diseases
The continual need for viral transport medium kits is brought on by the rising incidence of infectious diseases. One of the main burdens experienced during the pandemic period is viral infections. Viral transport media kits have expanded as viral infectious illnesses have become more common. Covivirus-19, the influenza virus, enterovirus D68, herpes, varicella, RSV, and others are examples of viral infectious illnesses.
Opportunities
- Rising ageing population
The demand for various diagnostic tests involving VTM kits has accelerated due to the rapid increase in the ageing population, rise in the number of persons undergoing various elective procedures, and other considerations. The number of procedures performed to address these disorders is fast expanding along with the frequency of various acute and chronic ailments worldwide.
The report can answer the following questions:
- Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Viral Transport Media Market
- Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Viral Transport Media Market
- Different types and applications of Viral Transport Media Market share of each type and application by revenue.
- Global of Viral Transport Media Market size (sales, revenue) forecast by regions and countries from 2022 to 2028 of Viral Transport Media Market
- Upstream raw materials and manufacturing equipment, industry chain analysis of Viral Transport Media Market
- SWOT analysis of Viral Transport Media Market
- New Project Investment Feasibility Analysis of Viral Transport Media Market
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