The global rapid Covid-19 antigen detection kit market research forecast in 2021-2027 provides a comprehensive analysis of the market segment, including its dynamics, scale, growth, regulatory requirements, competitive landscape and emerging opportunities in the global industry. It conducted an in-depth study of the rapid Covid-19 antigen test kit market by using SWOT analysis. The research analyst described the value chain and its distributor analysis in detail. This market research provides comprehensive data that can enhance the understanding, scope and application of this report
The report enhances decision-making capabilities and helps create effective counter-strategies to gain a competitive advantage.
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The Rapid Covid-19 Antigen Test Kit is a rapid demonstration test kit suitable for immediate detection and can easily detect the presence of antigen in the patient’s body. It can help reduce further transmission by identifying positive cases early, thereby speeding up contact tracing. These kits are produced from elements that make in vitro rapid symptom tests in the clinical equipment industry. The rapid Covid-19 antigen test kit usually gives results within a few hours. Organizations related to the manufacture of these rapid test kits are mainly engaged in the research, design and production of rapid test kits. In addition, there are many benefits associated with rapid Covid-19 antigen detection kits, such as accuracy, low cost, rapid results, early disease diagnosis, and high temperature stability. The rapid Covid-19 antigen test kit is currently used in the COVID-19 pandemic. Many important biotechnology and pharmaceutical organizations have established their own rapid Covid-19 antigen detection kits, and many organizations are still contributing, researching and working to improve better and more advanced rapid detection kits. Rapid Covid-19 antigen test kits are used in emergency clinics and centers, family considerations, diagnostic laboratories, and research foundations.
Geographically, the report divides the world into several key regions, with revenue (million dollars) geographic (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa) focusing on key countries in each region. It also covers market drivers, constraints, opportunities, challenges and key issues in the global post-consumer rapid Covid-19 antigen test kit market.
The Global Rapid Covid-19 Antigen Test Kit Market Report covers in-depth historical and predictive analysis.
Global Rapid Covid-19 Antigen Test Kit Market Research Report provides detailed information on market introduction, market summary, global market revenue (dollar revenue), market drivers, market restrictions, market opportunities, competitive analysis, regional and country levels.
The Global Rapid Covid-19 Antigen Test Kit Market Report covers an extensive analysis of emerging trends and competitive landscape.
The major players covered by the global rapid Covid-19 antigen detection kit market report include Abbott Rapid Diagnostics, Cipla, AMEDA Labordiagnostik GmbH, Becton Dickinson, Beijing Lepu Medical Technology, BIOSYNEX SWISS SA, CerTest Biotect SL, Hangzhou Clongene Biotech, Healgen Scientific Limited, LumiraDX UK Ltd., nal von minden GmbH, Quidel Corporation, SD BIOSENSOR, Inc.; Roche, Siemens Medical, Xiamen Bosheng Biotechnology Co., Ltd., Zhejiang Oriental Gene Biotechnology Co., Ltd., etc.
This global rapid Covid-19 antigen test kit market report covers North America, Europe, Asia Pacific and other regions of the world. According to the national level, the Covid-19 antigen rapid test kit market is segmented into the United States, Mexico, Canada, the United Kingdom, France, Germany, Italy, China, Japan, India, Southeast Asia, the Middle East (UAE), Saudi Arabia, Egypt) Gulf Cooperation Committee, Africa, etc.
On December 16, 2020; Cipla and the Premier Medical Corporation Private Limited Association of India launched a rapid antigen detection kit for Covid-19 diagnosis. This test is a rapid care nasopharyngeal swab test marker that can simply identify the presence of Covid-19 antigen in the patient’s body and produce results within 15-20 minutes. The test is sold under the brand name “CIPtest”. This is Cipla’s second dispatch in the diagnostic field after the Elifast ELISA test kit. In this cooperation, Cipla will further be responsible for the marketing and distribution of the rapid antigen detection test produced by Premier Medical Corporation Private Limited for subjective identification of SARS-CoV-2 antigen.
Unexpected outbreak and spread of the Covid-19 pandemic, increasing investment and development of better and more advanced rapid tests, cooperation between government and private organizations to drive market growth
One of the main factors driving the rapid growth of the global Covid-19 antigen test kit market is the sudden global outbreak and spread of the Covid-19 virus. According to data from the World Health Organization (WHO), the 25-39 age group has the highest proportion of reported cases globally, and about 50% of the cases occur in the 25-64 age group. In addition, the percentage of deaths increases with age, and by 2020, approximately 75% of deaths will occur among people 65 years of age and older. In addition, increasing investment and the development of better and higher-quality rapid Covid-19 antigen test kits have also promoted the rapid Covid-19 antigen test kit market during the growth forecast period. For example; the Foundation for Innovative Diagnostics (FIND) and Unitaid announced that after the public call for expressions of intent (EOI) initiated on July 4, 2020, the first batch of contracts have been finalized to promote reasonable access to suitable antigens-detection of Covid-19 Rapid diagnostic test (Ag RDT). In addition, the coalition of government and private organizations and increased government funding have also promoted the growth of the market. For example; in 2020, the Pan American Health Organization organized 190,000 new COVID-19 antigen diagnostic tests, provided them to four countries in Latin America and the Caribbean, and received training to conduct pilot tests on their operations. In addition, the Pan American Health Organization’s Strategic Fund, a regional technical cooperation mechanism that focuses on the procurement of essential medicines and hygiene products, works with countries to promote access to these diagnostic tests. For example; The Canadian government announced its first ever donation to the therapeutic pillar of UNICEF, which recently launched the Access to COVID-19 Tool Accelerator Supply Financing Facility (“ACT-A SFF”) to fight the pandemic .
However, the rapid Covid-19 antigen test kit may require confirmatory testing because it may give false test results and lower sensitivity compared to nucleic acid amplification test (NAAT), especially in asymptomatic people , Which may hinder market growth. Nevertheless, the increasing investment by governments and private organizations around the world in the production of rapid Covid-19 antigen detection kits can provide more opportunities for further market growth.
Chapter 1, about the executive summary, describes the definition, specifications and classifications, applications, and market segments of the global rapid Covid-19 antigen detection kit market
Chapters 4 and 5 show the market analysis, segmentation and characteristics of rapid Covid-19 antigen detection kits;
Chapters 6 and 7, showing the five forces (buyer/supplier’s bargaining power), threats to new entrants and market conditions;
Chapters 8 and 9, showing analysis broken down by region [North America (covered in Chapter 6 and Chapter 13), United States, Canada, Mexico, Europe (covered in Chapter 7 and Chapter 13), Germany, United Kingdom, France , Italy, Spain, Russia, other regions, Asia Pacific (included in Chapters 8 and 13), China, Japan, South Korea, Australia, India, Southeast Asia, other regions, the Middle East and Africa (included in Chapter 9 and Chapter 13), Saudi Arabia, UAE, Egypt, Nigeria, South Africa, other countries, South America (covered in Chapter 10 and Chapter 13), Brazil, Argentina, Colombia, Chile and other countries, comparison, leading countries and opportunities ; Regional marketing type analysis, supply chain analysis
Chapter 10, through industry experts and strategic decision makers to determine the main decision-making framework;
Chapters 11 and 12, global rapid Covid-19 antigen test kit market trend analysis, driving factors, consumer behavior challenges, marketing channels
Chapter 15 deals with the global rapid Covid-19 antigen test kit market sales channels, distributors, research results and conclusions, appendices and data sources.
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Post time: Jun-18-2021