Transport Media Market to Reach $12.59 Billion by 2028; COVID-19 Pandemic Reshaping the Market Demand - Arizton
The transport media market was valued at $13 billion in 2022 and is projected to decline to $12.59 billion by 2028, indicating a CAGR of -0.73%.
Factors contributing to this decline include the ongoing impacts of the COVID-19 pandemic, which initially boosted demand for transport media solutions such as viral transport medium (VTM). However, the market is experiencing adjustments as pandemic-related demand stabilizes.
The report provides insights into market dynamics, segmentation, and regional performance, highlighting North America as a market leader due to high diagnostic testing rates.
- North America transport media market expected to reach $3 billion by 2028.
- Increased research focus on viral transport media solutions.
- Projected decline in market size from $13 billion in 2022 to $12.59 billion by 2028.
- Overall CAGR of -0.73% indicates market contraction.
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BROWSE IN-DEPTH TOC ON THE TABLETOP GAMES MARKET
327 - Pages
159 - Tables
130 – Charts
Transport media are specially designed, scientifically created media formulated to preserve a biospecimen sample and reduce bacterial overgrowth from collection until they are received at a lab for further processing. Transport media can vary depending on the type of organism that is thought to be present in the sample. The market for transport media attributed the growth to several factors that continuously fuel market growth. Additionally, the transport media's development underwent several rapid changes that created opportunities for market expansion during the forecast period.
TRANSPORT MEDIA MARKET REPORT SCOPE
Report Attributes | Details |
Market Size (2028) | |
Market Size (2022) | |
CAGR (2022-2028) | (0.73 %) |
Base Year | 2022 |
Forecast Year | 2023-2028 |
Market Segments | Product, Application, Indication, End-Users, and Geography |
Geographic Analysis | |
Market Dynamics | · Impacts of COVID-19 · Increasing Prevalence of Infectious Diseases · Increasing Diagnosis Rate for Infectious Diseases |
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IMPACT OF COVID-19
The COVID-19 pandemic positively impacted the transport media market globally. Several rapid changes were addressed from 2020 to 2022 and are expected to influence market growth positively. The rapid surge of COVID-19 significantly increased the demand for medium transport solutions, such as viral transport medium (VTM), molecular transport medium (MTM), and universal transport medium (UTM). The production rate of transport media increased significantly, and viral transport medium accounted for higher demand.
INCREASING RESEARCH & FOCUS ON VIRAL TRANSPORT MEDIA
The rapid surge of the COVID-19 pandemic globally tremendously increased research and development and focused on diagnosing SARS-COV-2. It resulted in the rapidly increased research & development for viral transport medium. Several new viral transport medium solutions were introduced in the market. Some solutions are specifically developed for the COVID-19 virus, and some are launched for other viruses with COVID-19. It gives significant development and research in the market and delivers new growth opportunities.
The emergence of the COVID-19 pandemic places a major burden on research and the supply of viral transport mediums. The increase in the viral transport medium (VTM) requirement and the preparation for a new VTM transport medium aggressively noted and expanded for diagnostic and testing purposes. The manual handling of viral transport medium and their production, including sterilization and filling, was significantly optimized. At the same time, the
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KEY COMPANY PROFILES
- BD
Hardy Diagnostics HiMedia Laboratories - Laboratory Corporation of America
- Puritan Medica Products
- Thermo Fisher Scientific
- Vircell
- AB Medical
Alpha-Tec Systems AccuGene USA - Apical Scientific
Azooka Labs Biomed Diagnostics - bioBoaVista
BioGenex BIOLOGIX Group - BIOCOMMA
- Charm Sciences
- Creative Life Sciences
- Citotest Labware Manufacturing
- CPT Medical
COPAN Diagnostics DiaSorin Molecular EKF Diagnostics Holding - Ensol Biosciences
- General Biologics
- Gentueri
Han Chang Medic - Hebei Chaoran Medical Instruments
Innolyzer Labs KSL Diagnostics Lucence Health - LaunchWorks
- Liofilchem
- Medical Wire & Equipment
- Miraclean Technology
- MetaDesign Solutions
- Quidel Corporation
Trinity Biotech - Manila HealthTek
- MATTEK
Nodford International - Starplex Scientific
- Sansure Biotech
Sisco Research Laboratories - Teknova
- Titan Biotech
- Vegas Biotech
Yocon Biology Technology Company - Zybio
MARKET SEGMENTATION
Product
- Viral Transport Media
- Universal Transport Media
- Molecular Transport Media
Application
- Diagnosis
- Pre-clinical Testing
Indication
- Viral Diseases
- Non-Viral Diseases
End-users
Diagnostic Labs Hospitals & Clinics - Others
Geography
North America - The US
Canada Europe - The
UK Italy France Spain Germany - APAC
China Japan India South Korea Australia Latin America Brazil Mexico Argentina Middle East &Africa South Africa Saudi Arabia Turkey
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TABLE OF CONTENT
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET BY PRODUCT SEGMENT
4.3.2 MARKET BY APPLICATION SEGMENT
4.3.3 MARKET BY INDICATION SEGMENT
4.3.4 MARKET BY END-USERS
4.3.5 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
6.1 OVERVIEW
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
9 MARKET OPPORTUNITIES & TRENDS
9.1 NEW PRODUCT LAUNCHED FOR TRANSPORT MEDIA
9.2 TECHNOLOGICAL ADVANCES IN TRANSPORT MEDIA
9.3 RAPID ACCELERATION OF DIAGNOSTICS AND FUNDING DURING PANDEMIC
9.4 INCREASING RESEARCH AND FOCUS ON VIRAL TRANSPORT MEDIA
10 MARKET GROWTH ENABLERS
10.1 IMPACTS OF COVID-19
10.2 INCREASING PREVALENCE OF INFECTIOUS DISEASES
10.3 INCREASING DIAGNOSIS RATE FOR INFECTIOUS DISEASES
11 MARKET RESTRAINTS
11.1 AVAILABLE ALTERNATIVE SOLUTIONS FOR TRANSPORT MEDIA
11.2 LIMITED ACCESS TO DIAGNOSTIC SERVICES IN LMICS
11.3 CHALLENGES ASSOCIATED WITH TRANSPORT MEDIA
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.2.1 INSIGHTS BY PRODUCT
12.2.2 INSIGHTS BY APPLICATION
12.2.3 INSIGHTS BY INDICATION
12.2.4 INSIGHTS BY END-USERS
12.2.5 INSIGHTS BY GEOGRAPHY
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
13 PRODUCT
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 VIRAL TRANSPORT MEDIA (VTM)
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.3.3 MARKET BY GEOGRAPHY
13.4 UNIVERSAL TRANSPORT MEDIA (UTM)
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.4.3 MARKET BY GEOGRAPHY
13.5 MOLECULAR TRANSPORT MEDIA (MTM)
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST
13.5.3 MARKET BY GEOGRAPHY
13.6 OTHERS
13.6.1 MARKET OVERVIEW
13.6.2 MARKET SIZE & FORECAST
13.6.3 MARKET BY GEOGRAPHY
14 APPLICATION
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 DIAGNOSIS
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 PRECLINICAL TESTINGS
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
15 INDICATION
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 VIRAL DISEASES
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.3.3 MARKET BY GEOGRAPHY
15.4 NON-VIRAL DISEASE
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.4.3 MARKET BY GEOGRAPHY
16 END-USERS
16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 MARKET OVERVIEW
16.3 DIAGNOSTIC LABS
16.3.1 MARKET OVERVIEW
16.3.2 MARKET SIZE & FORECAST
16.3.3 MARKET BY GEOGRAPHY
16.4 HOSPITALS AND CLINICS
16.4.1 MARKET OVERVIEW
16.4.2 MARKET SIZE & FORECAST
16.4.3 MARKET BY GEOGRAPHY
16.5 OTHERS
16.5.1 MARKET OVERVIEW
16.5.2 MARKET SIZE & FORECAST
16.5.3 MARKET BY GEOGRAPHY
17 GEOGRAPHY
17.1 MARKET SNAPSHOT & GROWTH ENGINE
17.2 GEOGRAPHIC OVERVIEW
18 NORTH AMERICA
18.1 MARKET OVERVIEW
18.2 MARKET SIZE & FORECAST
18.3 PRODUCT
18.3.1 MARKET SIZE & FORECAST
18.4 APPLICATION
18.4.1 MARKET SIZE & FORECAST
18.5 INDICATION
18.5.1 MARKET SIZE & FORECAST
18.6 END-USERS
18.6.1 MARKET SIZE & FORECAST
18.7 KEY COUNTRIES
18.7.1 US: MARKET SIZE & FORECAST
18.7.2
19 EUROPE
19.1 MARKET OVERVIEW
19.2 MARKET SIZE & FORECAST
19.3 PRODUCT
19.3.1 MARKET SIZE & FORECAST
19.4 APPLICATION
19.4.1 MARKET SIZE & FORECAST
19.5 INDICATION
19.5.1 MARKET SIZE & FORECAST
19.6 END-USERS
19.6.1 MARKET SIZE & FORECAST
19.7 KEY COUNTRIES
19.7.1
19.7.2
19.7.3
19.7.4
19.7.5
20 APAC
20.1 MARKET OVERVIEW
20.2 MARKET SIZE & FORECAST
20.3 PRODUCT
20.3.1 MARKET SIZE & FORECAST
20.4 APPLICATION
20.4.1 MARKET SIZE & FORECAST
20.5 INDICATION
20.5.1 MARKET SIZE & FORECAST
20.6 END-USERS
20.6.1 MARKET SIZE & FORECAST
20.7 KEY COUNTRIES
20.7.1
20.7.2
20.7.3
20.7.4
20.7.5
21 LATIN AMERICA
21.1 MARKET OVERVIEW
21.2 MARKET SIZE & FORECAST
21.3 PRODUCT
21.3.1 MARKET SIZE & FORECAST
21.4 APPLICATION
21.4.1 MARKET SIZE & FORECAST
21.5 INDICATION
21.5.1 MARKET SIZE & FORECAST
21.6 END-USERS
21.6.1 MARKET SIZE & FORECAST
21.7 KEY COUNTRIES
21.7.1
21.7.2
21.7.3
22 MIDDLE EAST
22.1 MARKET OVERVIEW
22.2 MARKET SIZE & FORECAST
22.3 PRODUCT
22.3.1 MARKET SIZE & FORECAST
22.4 APPLICATION
22.4.1 MARKET SIZE & FORECAST
22.5 INDICATION
22.5.1 MARKET SIZE & FORECAST
22.6 END-USERS
22.6.1 MARKET SIZE & FORECAST
22.7 KEY COUNTRIES
22.7.1
22.7.2
22.7.3
23 COMPETITIVE LANDSCAPE
23.1 COMPETITION OVERVIEW
23.2 MARKET SHARE ANALYSIS
23.2.1 BD
23.2.2
23.2.3 HIMEDIA LABORATORIES
23.2.4 LABORATORY CORPORATION OF AMERICA
23.2.5 PURITAN MEDICAL PRODUCTS
23.2.6 THERMO FISHER SCIENTIFIC
23.2.7 VIRCELL
24 KEY COMPANY PROFILES
24.1 BD
24.1.1 BUSINESS OVERVIEW
24.1.2 PRODUCT OFFERINGS
24.1.3 KEY STRATEGIES
24.1.4 KEY STRENGTHS
24.1.5 KEY OPPORTUNITIES
24.2
24.3 HIMEDIA LABORATORIES
24.4 LABORATORY CORPORATION OF AMERICA
24.5 PURITAN MEDICAL PRODUCTS
24.6 THERMO FISHER SCIENTIFIC
24.7 VIRCELL
25 OTHER PROMINENT VENDORS
25.1 AB MEDICAL
25.1.1 BUSINESS OVERVIEW
25.1.2 PRODUCT OFFERINGS
25.2
25.3
25.4 APICAL SCIENTIFIC
25.5 AZOOKA LABS
25.6 BIOMED DIAGNOSTICS
25.7 BIOBOAVISTA
25.8
25.9 BIOLOGIX GROUP
25.10 BIOCOMMA
25.11 CHARM SCIENCES
25.12 CREATIVE LIFE SCIENCES CO., LTD.
25.13 CITOTEST LABWARE MANUFACTURING
25.14 CPT MEDICAL
25.15 COPAN DIAGNOSTICS
25.16
25.17 EFK DIAGNOSTICS HOLDING
25.18 ENSOL BIOSCIENCES
25.19 GENERAL BIOLOGICS
25.20 GENTUERI
25.21 HANG
25.22
25.23 INNOLYZER LABS
25.24 KSL DIAGNOSTICS
25.25 LUCENCE HEALTH
25.26 LAUNCHWORKS
25.27 LIOFILCHEM
25.28 MEDICAL WIRE & EQUIPMENT
25.29 MIRACLEAN TECHNOLOGY
25.30 METADESIGN SOLUTIONS
25.31 QUIDEL CORPORATION
25.32
25.33
25.34 MATTEK
25.35 NODFORD INTERNATIONAL
25.36 STARPLEX SCIENTIFIC
25.37 SANSURE BIOTECH
25.38 SISCO RESEARCH LABORATORIES
25.39 TEKNOVA
25.40 TITAN BIOTECH
25.41 VEGAS BIOTECH
25.42 YOCON BIOLOGY TECHNOLOGY COMPANY
25.43 ZYBIO
26 REPORT SUMMARY
26.1 KEY TAKEAWAYS
26.2 STRATEGIC RECOMMENDATIONS
27 QUANTITATIVE SUMMARY
27.1 MARKET BY GEOGRAPHY
27.2 MARKET BY PRODUCT
27.3 MARKET BY APPLICATION
27.4 MARKET BY INDICATION
27.5 MARKET BY END-USERS
27.6 PRODUCT: MARKET BY GEOGRAPHY
27.6.1 VIRAL TRANSPORT MEDIA: MARKET BY GEOGRAPHY
27.6.2 UNIVERSAL TRANSPORT MEDIA: MARKET BY GEOGRAPHY
27.6.3 MOLECULAR TRANSPORT MEDIA: MARKET BY GEOGRAPHY
27.6.4 OTHER TRANSPORT MEDIA: MARKET BY GEOGRAPHY
27.7 APPLICATION: MARKET BY GEOGRAPHY
27.7.1 DIAGNOSIS: MARKET BY GEOGRAPHY
27.7.2 PRE-CLINICAL TESTING: MARKET BY GEOGRAPHY
27.8 INDICATION: MARKET BY GEOGRAPHY
27.8.1 VIRAL DISEASE: MARKET BY GEOGRAPHY
27.8.2 NON-VIRAL DISEASE: MARKET BY GEOGRAPHY
27.9 END-USERS: MARKET BY GEOGRAPHY
27.9.1 DIAGNOSTIC LABS: MARKET BY GEOGRAPHY
27.9.2 HOSPITALS & CLINICS: MARKET BY GEOGRAPHY
27.9.3 OTHER END-USERS: MARKET BY GEOGRAPHY
28 APPENDIX
28.1 ABBREVIATIONS
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FAQ
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