The research study on transport media market – global outlook & forecast 2023-2028, recently published by Arizton Advisory & Intelligence. The report considers the present scenario of the transport media market and its market dynamics for 2023−2028. Several market growth enablers, restraints, and trends are covered in detail. The industry’s supply and demand sides are covered in the study. Additionally, it provides profiles and analyses of several other significant businesses active in the sector. Analysts at Arizton evaluated the obtained material and data, gaining insights and understanding of the industry’s workings to provide the data systematically, along with predictions and future insights presented to shareholders based on the past evaluation.
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Transport media are scientifically developed special media formulated to preserve a sample of bio-specimen and minimize bacterial overgrowth from the collection time to receive at a laboratory for further processing. Transport media may vary depending on the type of organism suspected in the sample. The transport media market attributed the growth to various factors that constantly drive the market growth. In addition, several rapid changes occurred in the transport media development that delivered market growth opportunities for the forecast period.
Transport Media Market Report Scope
Report Attributes | Details |
Market Size (2028) | USD 12.59 Billion |
Market Size (2022) | USD 13.15 Billion |
CAGR (2022-2028) | (0.73%) |
Base Year | 2022 |
Forecast Year | 2023-2028 |
Market Segmentation | Product, Application, Indication, End-Users, and Geography |
Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
Market Dynamics |
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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.
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.
Check out Arizton’s Research Analysis Report : Viral Transport Medium Market – Global Outlook & Forecast 2022-2027
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