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Global Transport Media Market 2023 - 2028: Technological Advancement in Transport Media Drives Growth - ResearchAndMarkets.com

The "Transport Media Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global transport media market was valued at USD 13.15 billion in 2022 and is expected to reach USD 12.59 billion by 2028

Market Drivers and Opportunities

Technological Advancement in Transport Media

During the COVID-19 pandemic, several advancements and new products have been launched in the transport media market. For several decades several transport media solutions have been introduced in the market to stabilize the specimen for the detection of microbial presence during the diagnostic investigation.

From 2019 to 2022, some of the new products launched by various vendors were based on the high demand for diagnosing SARS-COV-2 viral infection.

In addition, the development of formulations and advanced designs for appropriate sample collection increased the adoption of transport media and delivered lucrative market growth opportunities. In addition, the emerging monkeypox infectious disease is expected to drive the transport media market.

Several infectious disease outbreaks have significantly improved transport media solutions in recent years. Several new products are introduced with advanced and unique technologies to ease in detection and diagnosis of infected patients.

Thermo Fisher Scientific designed a fully innovative non-hazardous virus inactivation medium that supports the safe collection and transport of the COVID-19 virus. In 2021, VIRCELL S.L. launched a new transport medium solution for pediatric clinical diagnostics for collecting and preserving various viruses.

In addition, the increased funding for infectious diseases diagnosis and growing research towards viral transport media due to the COVID-19 pandemic deliver lucrative opportunities for transport media market growth.

Impact of COVID-19

The COVID-19 pandemic positively increased awareness about diagnosis and transport media relations among medical professionals and people, which drove the high demand for transport media. Also, the increasing production capacity of transport media solutions increases the high capacity of manufacturers. Most leading and emerging market players expand their manufacturing units with advanced facilities, expected to drive transport media market growth.

Increasing Prevalence of Infectious Diseases

In 2019, the viral infection SARS-COV-2 started to spread worldwide, and millions of people got infected as of November 2022. With the increasing prevalence of infectious diseases worldwide, the demand for transport media increased in detecting and diagnosing viral and non-viral infectious diseases. The emerging and re-emerging infectious diseases impacting human life cause millions of deaths annually.

The growing burden of infectious diseases continuously increases the demand for transport media solutions and boosts market growth. The increasing diagnosis rate for infectious diseases is accelerating the transport media industry's growth. Globally, billions of lives are attributed to infectious diseases. The increasing awareness, rising healthcare expenditure, and growing access to health services resulted in the high demand for infectious disease cures, propelling the market growth.

Market Segmentation

Segmentation by Product

  • Viral Transport Media
  • Universal Transport Media
  • Molecular Transport Media

by Application

  • Diagnosis
  • Pre-clinical Testing

by Indication

  • Viral Diseases
  • Non-Viral Diseases

by End-users

  • Diagnostic Labs
  • Hospitals & Clinics
  • Others

by Geography

  • North America
  • US
  • Canada
  • Europe
  • 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

Key Company Profiles

  • BD
  • Hardy Diagnostics
  • HiMedia Laboratories
  • Laboratory Corporation of America
  • Puritan Medica Products
  • Thermo Fisher Scientific
  • Vircell

Other Prominent Vendors

  • 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

KEY QUESTIONS ANSWERED

1. How big is the transport media market?

2. What is the projected CAGR of the transport media market during the forecast period?

3. Who are the key players in the global transport media market?

4. What are the growing trends in the transport media market?

5. Which region holds the most significant global transport media market share?

For more information about this report visit https://www.researchandmarkets.com/r/kos2dd

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