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COVID-19 Detection Kits Market Share

Report ID: GMI4610
Published Date: Mar 2022
Report Format: PDF

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COVID-19 Detection Kits Market Share

Some of the major industry players operating in the COVID-19 detection kits market are:

BGI
Abbott Laboratories
Qiagen
Quidel Corporation
GenMark Diagnostics
Seegene
Shenzhen Bioeasy Biotechnology Guangzhou Wondfo Biotech
BioFire Diagnostics, F
Hoffmann-La Roche
Mylab Discovery Solutions
Randox Laboratories
Cepheid
Co-Diagnostic
SD Biosensor
Thermo Fisher Scientific

These market participants are implementing various growth strategies, mergers and acquisitions, collaborations, and launches to enhance product capabilities to sustain market competition in the COVID-19 detection kits industry. For instance, in January 2022, Roche Diagnostics India announced the launch of COVID-19 At-Home Test Kit to detect all SARS-CoV-2 variants including the Omicron. This product launch helped the company to strengthen its product portfolio thus generating more revenue.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for COVID-19 detection kits exceeded USD 32.3 billion in 2021 and is anticipated to exhibit a CAGR of -17.8% between 2022 and 2028 owing to the increasing cases of infectious diseases across the globe.

RT-PCT assay kits market accounted for nearly 76% of the industry share in 2021 and will grow with an upsurge in the launch of technologically advanced products.

North America market for COVID-19 detection kits held around 17% of the overall industry size in 2021 and is expected to record lucrative growth driven by the presence of sophisticated healthcare facilities in Canada and the U.S.

Leading companies across the COVID-19 detection kits industry include Quidel Corporation, BioFire Diagnostics, Mylab Discovery Solutions, Abbott Laboratories, Thermo Fisher Scientific, GenMark Diagnostics, BGI, and others.