Viral Transport Medium Segment Held Largest Share of Product Segment in Transport Media Market During 2021-2028

According to our latest study on "Transport Media Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product, Application, and End User," the global market is expected to grow from US$ 3,030.21 million in 2022 to US$ 4,014.88 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.

The rise in demand for transport media due to the COVID-19 pandemic and the increasing number of research studies are expected to boost the market growth in the coming years. However, issues with viral transport media and supply chain issues are likely to hamper the growth of the transport media market during the forecast period.

The demand for transport media increased with the rise in COVID-19 testing. For tests to be accurate and reliable, the quality of the specimen and the transporting and storing conditions of the specimen before being processed are crucial. For this, the use of a viral transport medium became common, and its demand increased exponentially. 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 a viral transport medium for the transportation of nasopharyngeal and oropharyngeal swab specimens to diagnostic laboratories for confirmation. Further, many universities and research organizations supported the production process by reducing research projects to prevent workplace outbreaks. They shifted their operations to custom production of viral transport medium to produce COVID-19 test kits. For instance, the Ohio State University Wexner Medical Center collaborated with its related laboratories and students to produced 254,791 viral transport media testing tubes for prompt distribution throughout Ohio.

With the expectation of further waves of the COVID-19 pandemic on regional levels, robust and large-scale COVID-19 testing is necessary to prevent adverse impacts, such as loss of life. This is expected to drive the market for transport media, especially viral transport media, in the coming years. Furthermore, apart from SARS-CoV-2, various other infectious disease outbreaks are becoming common, which require rapid testing and research work that is also expected to aid the market's growth.

THERM FISHER SCIENTIFIC INC., BD, EKF Diagnostics, Puritan Medical Products, HiMedia Laboratories, Trinity Biotech, VIRCELL S.L, Medical Wire & Equipment COPAN Diagnostics Inc., and Teknova are a few leading companies operating in the global transport media market.

The report segments the transport media market as follows:

Based on product, the transport media market is segmented into viral transport medium, universal transport medium, molecular transport medium, and others. In 2021, the viral transport medium segment held the largest share of the market. However, the molecular transport medium segment is anticipated to register the highest CAGR during the forecast period.

Based on application, the transport media market is bifurcated into diagnosis and preclinical testing. The preclinical testing segment held a larger share of the market in 2021. However, the diagnosis segment is anticipated to register a higher CAGR during the forecast period.

Based on end user, the global transport media market is segmented into hospitals and clinics, microbiology laboratories, diagnostic laboratories, and others. In 2021, the hospitals and clinics segment held the largest share of the market. However, the diagnostic laboratories segment is anticipated to register the highest CAGR during the forecast period.

Based on geography, the transport media market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). The North America market is segmented into the US, Canada, and Mexico. The Europe market is segmented into France, Germany, the UK, Spain, Italy, and the Rest of Europe. The APAC market is segmented Into China, India, Japan, Australia, South Korea, and the Rest of APAC. The MEA market is segmented Into Saudi Arabia, the UAE, South Africa, and the Rest of the MEA. The SAM market is segmented into Brazil, Argentina, and the Rest of SAM.

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