As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The Europe COVID-19 diagnostics industry is anticipated to rise significantly in the forecast period owing to the increasing government funding and favourable government policies to control the rising number of COVID-19 infections in the United Kingdom and France. The increasing number of immigrants and the flourishing travel and tourism industry in the region are expected to increase the demand for COVID-19 diagnostics. France is one of the most popular tourist destinations and the country has a number of monuments, resorts, and places that attract tourists from all over the globe. These factors are likely to have a positive influence on the market growth over the forecast period.
On the basis of sample type, the nasopharyngeal swab segment is anticipated to significantly contribute to the growth of the European market owing to its higher sensitivity to SARS-CoV-2. This segment is likely to witness a lucrative growth rate, resulting in a significant revenue share in the forecast period.
The initiatives taken by the governments of various European countries and public health organisations and the rising investment in healthcare infrastructure are expected to provide a further impetus to the market. The increasing collaboration between key players and public and private organisations, such as Novacyt’s strategic alliance with GlaxoSmith (NYSE: GSK), AstraZeneca (NASDAQ: AZN), and the University of Cambridge to support and expand the COVID-19 testing effort in the United Kingdom, is expected to further aid the industry growth in the forecast period.
Market Breakup by Test Type, Product, Sample Type, Business Model, End Use, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the Europe COVID-19 diagnostics market are Altona Diagnostics GmbH, Genomica S.A.U, Clonit srl, BioMaxima SA, and Primerdesign Ltd, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.