The global COVID-19 saliva screening test potential market size is expected to reach USD 3,406.2 billion by 2023, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 4.8% from 2021 to 2023. The rise in demand for rapid, efficient, saliva-based screening tests has positively impacted market growth.
This is primarily due to the various advantages offered by saliva-based tests, increasing product approvals by regulatory bodies, and a paradigm shift toward point-of-care testing. The fluorescence-labeled antigen/antibodies test is one of the recent saliva-based COVID-19 screening tests in the market which is based on the principles of fluorescence detection, biochemistry, robotics automation, and cloud computing.
As the number of people visiting public places is increasing and reaching pre-pandemic statistics in a few countries, there is a growing demand for rapid, point-of-care COVID-19 tests to mitigate viral transmission from asymptomatic people. This has enhanced the R&D for the development of simple yet effective saliva-based tests and is expected to create lucrative opportunities for several developers.
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COVID-19 Saliva Screening Test Potential Market Report Highlights
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COVID-19 Saliva Screening Test Potential Market Segmentation
Grand View Research has segmented the global COVID-19 saliva screening test potential market on the basis of location, technology, mode, and region:
COVID-19 Saliva Screening Test Potential Location Outlook (North America) (Revenue, USD Million, 2020 – 2023)
COVID-19 Saliva Screening Test Potential Location Outlook (Other Regions) (Revenue, USD Million, 2020 – 2023)
COVID-19 Saliva Screening Test Potential Technology Outlook (Revenue, USD Million, 2020 – 2023)
COVID-19 Saliva Screening Test Potential Mode Outlook (Revenue, USD Million, 2020 – 2023)
COVID-19 Saliva Screening Test Potential Regional Outlook (Revenue, USD Million, 2020 – 2023)
List of Key Players in COVID-19 Saliva Screening Test Potential Market
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About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.
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