Government initiatives and economic packages will support France COVID-19 Diagnostics Market in 2020

Published: Oct 2020

France's COVID-19 diagnostics market will see a considerable decline of 27.5% during the forecast period. COVID-19 testing has emerged rapidly in France owing to the surge in the daily COVID-19 incidences and government initiatives for free testing of coronavirus. On March 25, 2020, France Government declared that it would roll out a $4.33 billion liquidity support plan for start-ups amid coronavirus pandemics. On June 10, 2020, the government declared that it would propose a stimulus package of $51 million to boost the country’s plunging economy amid a coronavirus outbreak. This package is intended to revive the economy as the French minister has predicted the plunge and wave of bankruptcies in the French economy which could last up to 2021.

Browse the full report description France COVID-19 Diagnostics Market Size, Share & Trends Analysis Report by Type (Instruments, Reagents & Kits, and Laboratory Testing Services), by Technology Type (PCR Test, Antigen Test, Serology Test, and Rapid/ PoC Test), by Sample Type (Oropharyngeal & Nasopharyngeal Swabs, Blood, Urine, Saliva, and Others), and by End-User (Laboratories, Hospitals, Diagnostic Centers & Clinics, and Research Institutes) and Forecast, 2020-2026 at https://www.omrglobal.com/industry-reports/france-covid-19-diagnostics-market

On March 18, 2020, France introduced an online test for the evaluation of coronavirus symptoms and a guide regarding steps needs to be taken. This test was approved by the French health ministry, available on the website maladiecoronavirus.fr. On July 25, 2020, French authorities declared that they are making available COVID-19 tests free of charge without prescription, coupled with the rising COVID-19 cases in the country.  The country closely reporting a noticeable increase in the COVID-19 cases after the lifting of lockdown measures. Under government orders, PCR nasal swab tests will be freely available on demand. This initiative will further extend the testing capacity of the country.

Market Coverage

Report Elements

Details

Study Period

2020-2026

Segments Covered

By Type, By Technology Type, By Sample Type, and By End-Users

Key Companies Profiled

bioMérieux SA, GeneStore France SAS, Eurobio Scientific SA, Sanofi SA, and NG Biotech

Key questions addressed by the report

  • What is the market growth rate during the forecast period?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market during the forecast period?
  • How COVID-19 will impact the market growth in 2020 and coming years?

o Recovery Timeline

o Deviation from pre-COVID 

o Most affected segment

o Recommendations 

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

France COVID-19 Diagnostics Market – Segmentation

By Type

  • Instruments
  • Reagents & Kits
  • Laboratory Testing Services

By Technology Type

  • PCR Test
  • Antigen Test

o Chromatographic Immunoassay

o Fluorescent Immunoassay

o Chemiluminescent Immunoassay

  • Serology Test

o Enzyme-Linked Immunosorbent Assay (ELISA)

o Neutralization

o Chemiluminescent Immunoassay

  • Rapid/ PoC Test

By Sample Type

  • Oropharyngeal & Nasopharyngeal Swabs
  • Blood
  • Urine
  • Saliva
  • Others (Sperm)

By End-Users

  • Laboratories
  • Hospitals
  • Diagnostic Centers & Clinics
  • Research Institutes

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