Global rapid test kit market was valued at USD 23.44 Billion in 2020 and is expected to grow at a formidable rate of 8.14% during the forecast period. The global rapid test kit market is driven by the growing prevalence of various infectious diseases. Additionally, benefits associated with rapid test kits such as low cost, accuracy, early disease diagnosis, quick results, stability at high temperature, among others are further expected to propel the market growth through 2026. Moreover, sudden outbreak and spread of pandemic COVID-19 has drastically increased the demand for rapid test kits, thereby fueling the market growth during the forecast period. Many major biotechnology and pharmaceutical companies have developed their own rapid test kits, and many are still investing, researching and working on the development of better and advanced rapid test kits. This in turn is expected to create lucrative opportunities for the market growth over the next few years.
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Antibody Rapid Test Kits Market Segmentation
By Product
- Kits
- Chemical and Reagents
- Consumables
By Indication
- Pregnancy
- Cardiovascular Diseases
- Autoimmune Diseases
- Infectious Diseases
- Oncology
- Endocrine Diseases
- Diabetes
- Others
By End User
- Hospitals
- Academic and Research Institutes
- Diagnostic Laboratories
- Biopharmaceutical Companies
- Homecare Settings
Company Profile
- Thermo Fisher Scientific
- Abbott Laboratories
- Bio-Rad Laboratories, Inc.
- Beckton, Dickinson and Company
- Hoffmann-La Roche
- Agilent Technologies
- DiaSorin
- Zeus Scientific
- Abcam PLC
- Trinity Biotech
- Werfen (Biokit)
- Promega
- BioLegend
- Meridian Bioscience
- Bio-Techne (R&D Systems)
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
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