COVID-19 Rapid Antigen Test Market Size, Status, Top Players, Trends and Forecast to 2027


COVID-19 Rapid Antigen Test Market size was valued at US$ 5.66 Bn. in 2021 and the total COVID-19 Rapid Antigen Test revenue is expected to grow at 6.7 % through 2022 to 2027, reaching nearly US$ 7.82 Bn.

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The report analyses and projects potential growth in the global COVID-19 Rapid Antigen Test Market at each point in time, taking into account both the qualitative and quantitative values of important factors including historical, current, and future trends.COVID-19 Rapid Antigen Test Based on supply, demand, feasibility, and current trends, market research assesses the key market characteristics. Forecasts for the years 2022–2029 are also included in the market research study. Based on statistical data and extensive research,  The study looks at both the potential of the worldwide market and the current COVID-19 Rapid Antigen Test Market. The report also includes a thorough review of company execution, market share, and cost analysis data.

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We examine every facet of the market in our research. The study examines strengths, weaknesses, opportunities, and difficulties in great detail, with all information coming from press releases and yearly reports. In order to promote open innovation, the study aims to present a patent-based strategy for locating potential technological partners. Users can utilise the market share analysis and comparison of key businesses in the report to take further actions toward the expansion or improvement of their own firm. Our team is evaluating COVID 19's effects across a number of industrial sectors and providing the client with certified statistics. Our grasp of the market is aided by these facts. To better comprehend the effects and driving forces behind COVID 19 on the global COVID-19 Rapid Antigen Test market, refer to our expert monitoring, which details all of the influencing factors and COVID's influence on each key participant.

COVID-19 Rapid Antigen Test Market Segmentation:

By Product, RT-PCR test kits held around 76 % of the market in 2021. This is attributed to an increase in advanced product launches as a result of technical advances in COVID -19 RT-PCR test kits. Furthermore, because of its high specificity and sensitivity, the RT-PCR method is used in the majority of commercially available kits. By Specimen Type, A nasopharyngeal swab segment is a device that is used to collect nasal secretions from the back of the nose and throat. The sample is then tested for the presence of organisms or other disease-related clinical indicators. This type is often working in suspected cases of whooping cough, diphtheria, influenza, and other coronavirus-related conditions. By End Users, The hospital segment dominated the market for COVID-19 antigen tests and accounted for the highest revenue share of 49% in 2020. The U.S. FDA has recognized the antigen tests as suitable for diagnosis, aimed at scaling up testing capacity, particularly in the U.S.

COVID-19 Rapid Antigen Test Market Key companies:

• Abbott
• Cipla
• AMEDA Labordiagnostik GmbH
• Becton Dickinson
• Beijing Lepu Medical Technology
• BIOSYNEX SWISS SA
• CerTest Biotect S.L.
• Hangzhou Clongene Biotech
• Healgen Scientific Limited
• LumiraDX UK Ltd.
• nal von minden GmbH
• Quidel Corporation
• SD BIOSENSOR, Inc.
• Roche
• Siemens Healthineers
• Xiamen Boson Biotech Co.
• Zhejiang Orient Gene Biotech Co., Ltd.

List Of Regions Coved In Report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

The report contains information on the key market participants, such as Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin Sales, as well as a comprehensive analysis of the market's competitive landscape, specific vendor data, and minute details of factors that will impede the growth of significant market vendors.

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Data on investments and distribution are used to generate the regional segments. The regional research comprises porter's five forces analysis of the entire industry, as well as evaluations of each region's market, rate of growth, historical data analysis, and reporting. The analysis provides details on the major financials, product offers, and production priorities of the market's key competitors. The research is based on data about the company's most recent developments, profit growth, price, revenue, and sales of its products.

Customization Service Of The Report:

Maximize Market Research offers customized reports based on your requirements. This report provides authentic data by using paid tools. Contact our sales team at sales@maximizemarketresearch.com, and they'll make sure you receive a report that meets your needs.

Estimates of product sales are also included in this market research, which can help companies launch new items and steer clear of expensive blunders. It demonstrates which aspects of the business require improvement in order for it to be successful. This market research report contains the most recent trends to assist in bringing the company to market and achieving a major edge, making it simple to spot fresh possibilities to stay one step ahead of the competition. An assessment of the brand's synopsis, overview, market revenue, and financial analysis from the top vendors in the COVID-19 Rapid Antigen Test business is one of the study's most crucial components.

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Published in

Health , Medicine

Published on

Dec 01, 2022

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