North America Transport Media Product Market

The North America transport media product market is expected to reach US$ 1,589.65 million by 2028 from US$ 1,207.47 million in 2022; it is estimated to grow at a CAGR of 4.7% from 2022 to 2028.  

Over a billion COVID-19 tests have been conducted in the US as of May 10th, 2022. For accurate and reliable results of tests, the quality of the specimen and the conditions under which the specimen is transported and stored before being processed are crucial. For this, the use of viral transport medium became common and saw an exponential rise in demand. The most commonly used viral transport media were the screw cap plastic tube containing buffered proteins and antibiotics to prevent the growth of contaminants, such as bacteria and fungi. Many companies started mass production of viral transport medium for nasopharyngeal and oropharyngeal swab specimens for transport to diagnostic laboratories for confirmation. Also, many universities and research organizations supported the production process through the reduction in research projects to prevent infection spread at workplaces and shifted their operations to custom production of viral transport medium to produce COVID-19 test kits. For instance, Ohio State University Wexner Medical Center, in collaboration with its related laboratories and students, produced 254,791 viral transport media testing tubes for prompt distribution throughout the state of Ohio.

Amid COVID-19 pandemic, robust and large-scale testing is necessary to prevent impacts and life loss. This is expected to drive the market for transport media, especially viral transport media, in the coming years. Furthermore, apart from COVID-19, various other infectious disease outbreaks are becoming common, which require rapid testing and research work. Therefore, the North America transport media product market is expected to grow at a good CAGR during the forecast period.

 North America Transport Media Product Revenue and Forecast to 2028 (US$ Million)  

North America Transport Media Product Market Segmentation        

The North America transport media product market is segmented on the basis of product, application, end-user, and country. Based on product, the market is segmented into viral transport medium, universal transport medium, molecular transport medium, and others. In 2022, the viral transport medium segment held the largest market share. Based on application, the market is bifurcated into diagnosis and preclinical testing. In 2022, the diagnosis segment held a larger market share. Based on end-user, the market is segmented into hospitals and clinics, microbiology laboratories, diagnostic laboratories, and others. In 2022, the hospitals and clinics segment held the largest market share. Based on country, the North America transport media product market is segmented into the US, Mexico, and Canada. The US contributed a substantial share in 2022.

THERMO FISHER SCIENTIFIC INC; BD; EKF Diagnostics; Puritan Medical Product; HIMedia Laboratories; Trinity Biotech; VIRCELL S.L; COPAN diagnostics; and Teknoya are among the leading companies in the North America transport media product market.

North America Transport Media Product Strategic Insights

Strategic insights for the North America Transport Media Product provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Transport Media Product Report Scope

North America Transport Media Product Regional Insights

The geographic scope of the North America Transport Media Product refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.