Overview and Scope
Transport media are specialized media designed to keep a specimen safe and reduce bacterial development from the time it is collected until it is arrived at the lab to be processed. Transport media are used to preserve a specimen and restrict the proliferation of bacteria from the time of accumulation through the processing of the sample.
Sizing and Forecast
The transport media market size has grown strongly in recent years. It will grow from $3.05 billion in 2023 to $3.24 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to urbanization trends, consumer mobility, innovative ad formats, regulatory support, targeted local advertising.
The transport media market size is expected to see strong growth in the next few years. It will grow to $4.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to data-driven advertising, smart city initiatives, rise of electric and autonomous vehicles, augmented reality (ar) integration, environmental sustainability. Major trends in the forecast period include integration with mobile technology, technological integration, digital transformation in transportation, sustainable packaging solutions, customization and personalization.
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Segmentation & Regional Insights
The transport media market covered in this report is segmented –
1) By Product: Viral Transport Media, Universal Transport Media, Molecular Transport Media, Other Products
2) By Indication: Viral Diseases, Non- Viral Diseases
3) By Application: Diagnosis, Preclinical Testing
4) By End User: Hospitals, Clinics, Microbiology laboratories, Other End-Users
North America was the largest region in the transport media market in 2023. The regions covered in the transport media market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing prevalence of infectious diseases is expected to propel the growth of the transport media market going forward. Infectious diseases refer to conditions that transmit from one individual to another via polluted foods and beverages and through pathogens such as viruses, bacteria, fungi, and parasites. Molecular transport media enable safer sample handling and transportation, significantly lowering the risk of infection occurring due to infectious diseases, so the increasing prevalence of infectious diseases will propel the growth of the transport media market. For instance, in December 2022, according to the Annual Epidemiological Report for 2021 published by the European Centre for Disease Prevention and Control, a Sweden-based European government health agency, in Germany, the distribution of hepatitis C (a type of infectious diseases) cases and rate per 100,000 population reached 4,718 cases and a 5.7 rate in 2021, respectively, from 4,536 cases and a 5.5 rate in 2020. Therefore, the increasing prevalence of infectious diseases is driving the growth of the transport media market.
Key Industry Players
Major companies operating in the transport media market report are Thermo Fisher Scientific Inc., Becton Dickinson and Company, Puritan Medical Products Co. LLC, HiMedia Laboratories Pvt. Ltd., VIRCELL S.L., EKF Diagnostics, Trinity Biotech, Medical Wire & Equipment Co., Copan Diagnostics Inc., Alpha Teknova Inc., Hardy Diagnostics, Laboratory Corporation of America Holdings, DiaSorin S.p.A, Mckesson Medical Surgical Inc., Cradinal Health Inc., The International Transport Forum, The Kortes Group LLC, Stephanie Marie Delgado, GOGEO SEO, Hawp Media, Transport Marketing LLC, Lamar Advertising Company, Outfront Media Inc., Intersection, Vector Media LLC, Adams Outdoor Advertising Inc., Clear Channel Outdoor, JCDecaux Group, Exterion Media, Adspace Networks Inc., APN Outdoor Group Limited
The transport media market report table of contents includes:
1. Executive Summary
2. Transport Media Market Characteristics
3. Transport Media Market Trends And Strategies
4. Transport Media Market – Macro Economic Scenario
5. Global Transport Media Market Size and Growth
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31. Global Transport Media Market Competitive Benchmarking
32. Global Transport Media Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Transport Media Market
34. Transport Media Market Future Outlook and Potential Analysis
35. Appendix
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