Global Transport Media Market Size 2024, Forecast To 2033
6 Mar, 2024
The transport media market has demonstrated robust growth, expanding from $3.05 billion in 2023 to $3.24 billion in 2024, reflecting a compound annual growth rate (CAGR) of 6.4%. This substantial growth in the historical period is linked to urbanization trends, consumer mobility, innovative ad formats, regulatory support, and the prevalence of targeted local advertising. Looking ahead to 2028, the market is poised for strong growth, reaching $4.02 billion with a CAGR of 5.5%. This projected growth is attributed to data-driven advertising, smart city initiatives, the rise of electric and autonomous vehicles, the integration of augmented reality (AR), and a focus on environmental sustainability. Notable trends in this forecasted period include integration with mobile technology, technological integration, digital transformation in transportation, sustainable packaging solutions, and a heightened emphasis on customization and personalization.
Global Transport Media Market Key Driver
The anticipated rise in the prevalence of infectious diseases is set to drive the growth of the transport media market. Infectious diseases, transmitted through contaminated foods, beverages, and pathogens like viruses, bacteria, fungi, and parasites, create a demand for molecular transport media to ensure safe sample handling and transportation, minimizing the risk of infection. The European Centre for Disease Prevention and Control reported in December 2022 that in Germany, cases of hepatitis C, a type of infectious disease, increased from 4,536 cases in 2020 to 4,718 cases in 2021, with rates per 100,000 population rising from 5.5 to 5.7. This surge in the prevalence of infectious diseases becomes a driving force behind the growth of the transport media market, indicating positive trends in 2023, 2024, and 2028.
Get A Free Sample Of The Global Transport Media Market ReportGlobal Transport Media Market Segments
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
By Geography:The regions covered in the transport media market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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
Major Transport Media Industry Players
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
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Transport Media Market Overview
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.
Transport Media Global Market Report 2023 provides data on the global transport media market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The transport media market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.