July 25, 2022 10:00 ET | Source: Persistence Market Research Persistence Market Research
New York, New York, UNITED STATES
New York, July 25, 2022 (GLOBE NEWSWIRE) -- The molecular transport medium market was valued at around US$ 1.6 Bn in 2021 and is expected to progress at a CAGR of 1.2% over the forecast period (2022-2032).
A molecular transport medium is useful for sample transport, as well as for the long-term storage of biological samples. A molecular transport medium protects DNA/RNA from multiple freezes and thaw cycles, even in the most complex of samples (i.e., whole blood).
The molecular transport medium is specifically intended for healthcare personnel for molecular testing, sample transportation, storage, and safe and efficient processing of molecular testing, especially during the COVID-19 pandemic. As such, COVID-19 increased the demand for molecular transport media.
Growing adoption of viral transport media for infectious disease diagnosis and rising awareness about the detection of viral diseases have compelled governments to take initiatives for the management of infectious disease outbreaks. Governments in emerging countries are also taking initiatives for the detection of several emerging viruses.
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For example, national influenza surveillance systems are crucial for discovering new viruses, tracking influenza epidemics, raising public knowledge about diseases, and encouraging pandemic preparedness, but they differ greatly across WPR countries. Australia has the most comprehensive influenza surveillance programs, followed by China and Malaysia.
These factors will thus lead to an increase in the adoption of various diagnostic tests for emerging viruses and has also indirectly increased the need for molecular transport media.
Additionally, various regulatory bodies are approving new molecular transport media, which are helping drive market growth.
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Key Takeaways from Market Study
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“Increasing usage of viral transport media for infectious diseases diagnosis, growing need to preserve sample stability, and innovative approaches to enable error-free laboratory-quality specimen collection will boost market growth over the coming years,” says an analyst of Persistence Market Research.
The key promotional strategy adopted in this market is partnership agreements, which will enable companies to serve customers by accelerating innovation and driving production.
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What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the molecular transport medium market in its latest study, presenting a historical demand assessment of 2012 – 2021 and projections for 2022 – 2032.
the research study is based on the by-product type (active transport medium and inactivated transport medium), by application ((virus (COVID-19, middle east respiratory syndrome (MERS), influenza, human immunodeficiency virus (HIV), rhinovirus, adenovirus and respiratory syncytial virus (RSV)), bacteria (staphylococcus pneumonia, Haemophilus influenza, anthrax, and others), atypical bacteria (mycoplasma, Q-fever, and others) and mycobacterial and fungal infection), by sample (nasal washes and swab, sputum, saliva, faecal & stool, urine, blood, tissues, and others), by end user (diagnostic laboratories, microbiology laboratories, hospitals & clinics, and others) across seven key regions of the world.
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