South & Central America Transport Media Product Market Forecast to 2028 – COVID-19 Impact and Regional Analysis– by Product (Viral Transport Medium, Universal Transport Medium, Molecular Transport Medium, and Others), Application (Diagnosis and Preclinical Testing), and End-User (Hospitals and Clinics, Microbiology Laboratories, Diagnostic Laboratories, and Others)

The South & Central America transport media product market is expected to reach US$ 196.74 million by 2028 from US$ 152.25 million in 2022; it is estimated to grow at a CAGR of 4.4% from 2022 to 2028.

The shortage of transport media has shown the impact that supply chains can have on the distribution of transport media and the resulting consequences, including shortcomings in testing and research. Therefore, companies aim to expand their presence across the countries in the region to ensure a prompt supply of transport media. Growing diagnostics and research are expected to propel the demand for transport media, especially proprietary transport media as per specimen, in the coming years. Also, market players partner with research laboratories that can aid in the production of customized transport media for specific projects, research, and testing. Developing countries faced a significant shortage of transport media primarily due to the lack of local market players and manufacturing facilities, and poor knowledge of transport media production processes and raw materials used. As a result, the region witnessed a shortage of transport media products during the COVID-19 pandemic, resulting in poor testing of suspected cases. Therefore, expansion of the market players across countries in South & Central America and incentives for the setup of local ones are crucial. With research projects and high funding from governments and private players, business expansions in countries with the option for custom transport media production through collaboration with research organizations would provide lucrative growth opportunities for the market during the forecast period.

The South & Central America Transport Media Product Market is expected to grow at a good CAGR during the forecast period.

 South & Central America Transport Media Product Revenue and Forecast to 2028 (US$ Million)  

South & Central America Transport Media Product Market Segmentation    

The South & Central America Transport Media Product Market is segmented into product, application, end-user, and country. Based on product, The South & Central America Transport Media Product Market is categorized 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 the largest 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 South & Central America Transport Media Product Market fragmented into Brazil, Argentina, and Rest of SAM. The Rest of South & Central America contributed a substantial share in 2022.

THERMO FISHER SCIENTIFIC INC; BD; HIMedia Laboratories; VIRCELL S.L; and COPAN diagnostics are among the leading companies in the South & Central America Transport Media Product Market.

1. THERMO FISHER SCIENTIFIC INC.
2. BD.
3. HIMedia Laboratories.
4. VIRCELL S.L.
5. COPAN diagnostics.                                                

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America Transport Media Product market forecast.   
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in South & Central America Transport Media Product market forecast, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the transport media product as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.