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TRANSPORT MEDIA MARKET – GLOBAL OUTLOOK & FORECAST 2023-2028

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 * Publish Date:March 2023

 * Number of Pages:327

 * Report ID:6431184

 * Format:PDF

 * Publisher:Arizton

 * Up to € 900 off until Jun 30th 2023

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 * Summary
 * Table of contents
 * Methodology
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SUMMARY

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 & 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.

SEGMENTATION INSIGHTS

INSIGHTS BY PRODUCT

The global transport media market by product is segmented into viral transport
media, universal transport media, molecular transport media, and others. The
other transport media segments included Cary & Blair medium, Amies medium,
Stuarts medium, alkaline peptone water, and buffered glycerol saline. In 2022,
the viral transport media segment accounted for a 55.75% higher industry share
and dominated the other segments. The factors that increase the high revenue of
viral transport media are the significant patient population infected with viral
infectious diseases, significant diagnosis and testing done for COVID-19, and
increasing awareness for diagnosis and pre-clinical diagnosis and testing. These
factors significantly improved the viral transport media application rate and
accelerated segmental growth. In the UK, the government has published and
implemented guidelines to test monkeypox specimen samples and sample
transporting through viral transport media.

Segmentation by Product

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

INSIGHTS BY APPLICATION

The global transport media market by application is segmented into diagnosis and
pre-clinical testing. The diagnosis segment accounted for a 65.75% higher market
share in 2022 and dominated the application segment. Due to the increasing
infectious diseases prevalence and the emergence of COVID-19, monkeypox, and
influenza virus infection in developed and developing countries, the demand for
diagnosis is increased, which resulted in high segmental growth. In developed
regions such as North America and Europe, the pre-clinical testing rate is
higher than in developing regions such as APAC, Latin America, & Middle East &
Africa. North America and Europe are showing steady growth for pre-clinical
testing and driving segmental growth.

Segmentation by Application

• Diagnosis
• Pre-clinical Testing

INSIGHTS BY INDICATION

The viral diseases indication segment dominated the global transport media in
2022 and was valued at USD 9.74 million. The prevalence of viral infectious
diseases such as influenza virus, herpes simplex virus, varicella zoster,
respiratory syncytial virus, and other emerging such as monkeypox and already
emerged COVID-19 infectious diseases drive high segmental growth. Moreover,
COVID-19 and influenza are both contagious respiratory illnesses caused by
different types of viruses, such as COVID-19 is caused by SARS-COV-2, and the
influenza virus causes flu. Influenza and COVID-19 are considered severe public
health concerns worldwide, impacting millions of lives. Since 2020, across the
world, various public health and social measures have been implemented to
mitigate the COVID-19 pandemic caused by SARS-COV-2. In 2022, the viral diseases
segment accounted for a 74.05% market share in the global transport media
market.

Segmentation by Indication

• Viral Diseases
• Non-Viral Diseases

INSIGHTS BY END-USER

The diagnostics labs became a major health service from 2020 to 2022 due to
COVID-19 and other infectious disease detection. Due to the increased demand for
diagnosis and testing in the COVID-19 pandemic, diagnostic labs have become a
major part of diagnosis and accounted for a higher transport media market share
in 2022. The high number of COVID-19 detection tests and emerging demand for
monkeypox and influenza virus burden in 2022 are accelerating the segmental
growth. In addition, other infectious diseases constantly demanded early
detection and diagnosis to boost segmental growth. However, the diagnostic lab’s
segment growth is expected to decrease with the decreasing demand for COVID-19
diagnosis. And the hospitals and clinics segment is expected to increase with a
substantial growth rate during the forecast period. In 2022, the diagnostic lab
segment accounted for 41.52% market share in the global transport media market.

Segmentation by End-users

• Diagnostic Labs
• Hospitals & Clinics
• Others

GEOGRAPHICAL ANALYSIS
North America dominated the transport media market and accounted for a 33.02%
share in 2022. The increasing prevalence of viral infectious diseases and
associated population, high diagnostic and pre-clinical testing rate, and
increasing focus on research and development in the region on viral diseases
boost the regional industry growth. The region’s higher prevalence of infectious
diseases continuously accelerates the diagnosis and testing demand, leading to
an increased high requirement for transport media solutions. North America was
one of the major regions affected by the SARS-COV-2 infection and delivered
higher market growth by transport media solutions.

Segmentation by Geography

• North America
o US
o Canada
• Europe
o UK
o Italy
o France
o Spain
o Germany
• APAC
o China
o Japan
o India
o South Korea
o Australia
• Latin America
o Brazil
o Mexico
o Argentina
• Middle East & Africa
o South Africa
o Saudi Arabia
o Turkey

VENDOR LANDSCAPE

The leading global transport media market players include BD, Puritan Medical,
Thermo Fisher Scientific, Laboratory Corporation of America Holdings, Hardy
Diagnostics, HiMedia Laboratories, and Vircell. The global industry is highly
competitive, with local, domestic, regional, and global players worldwide. The
market player’s geographical presence and broad distribution channels make the
market competitive through major supply, import, and export strategies. During
the COVID-19 pandemic, the significantly increased demand for transport media
drove high export and import in different countries through various market
players.

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?


TABLE OF CONTENTS

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE
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... Read all the Table of contents


METHODOLOGY

Our market research methodology is designed to provide the clients with
comprehensive and accurate information on various industries and markets. It
includes data collection, primary interviews, macro-economic factor analysis,
country-level data analysis etc.

Read about our Methodology


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