The Business Research Company’s report goes into great detail on the COVID-19 rapid test kits market size and growth, COVID-19 rapid test kits market regional analysis, COVID-19 rapid test kits market competitive landscape, and other critical information needed to excel in the COVID-19 rapid test kits industry.

Major players in the COVID-19 rapid test kits market include Abbott Laboratories, F. Hoffmann-La Roche AG, Quidel Corporation, Thermo Fisher Scientific Inc., Becton, Dickinson and Company.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The COVID-19 rapid test kits market is expected to decline from $14.94 billion in 2020 to $1.37 billion in 2023 at a rate of -54.9%. The COVID-19 rapid test kits market is expected to cease from 2024 due to the vaccination of global population by the end of 2023.

North America was the largest region in the global COVID-19 rapid test kits market, accounting for 27.6% of the total in 2021.

The COVID-19 rapid test kits market consists of sales of COVID-19 rapid test kits and related services by entities (organizations, sole traders and partnerships) that offer kits aimed at the detection of COVID-19. COVID-19 rapid test kits are usually available as RT PCR test kits, rapid antigen test kits, or rapid antibody test kits and are manufactured by the entities that manufacture in-vitro rapid diagnostic tests in the medical equipment industry. The companies involved in manufacturing these rapid test kits are primarily engaged in the design, research and production of the rapid test kits which are used in hospitals and clinics, home care, diagnostic laboratories, and research institutions.

The rising demand for antibody tests is expected to drive the market for COVID-19 rapid test kits in the forecast period.

Request a Sample of the COVID-19 Rapid Test Kits Market Report

Artificial Intelligence is being increasingly incorporated with rapid diagnostic test kits to increase the efficiency of diagnosis. Artificial intelligence (AI) refers to the simulation of human intelligence in computer-controlled machines that are programmed to perform tasks, which usually require human intelligence. Artificial Intelligence algorithms are being used to integrate the findings of chest CT with clinical symptoms, exposure history, and laboratory testing to increase the chance of early detection of infection.

TBRC’s global COVID-19 rapid test kits market report is segmented:
By Test Type: RTPCR Test, Rapid Antigen Test, Rapid Antibody Test, Others 

By Kit Type: Equipment and Extraction Kits, PCR Machines, Reagents

By Specimen Type: Nasopharyngeal Swab, Oropharyngeal Swab, Nasal Swab, Blood, Others

By End-User: Hospitals and Clinics, Diagnostic Laboratories, Home Care, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The COVID-19 Rapid Test Kits Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the COVID-19 rapid test kits market globally and regionally, analyzes and forecasts market size, share, COVID-19 rapid test kits market players, COVID-19 rapid test kits market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

COVID-19 Drug Associated APIs Global Market Report 2022

Remdesivir Global Market Report 2022

COVID-19 Detection Test Kits And Consumables Global Market Report 2022

Interested To Know More About The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read More About Us At https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

Follow us on Twitter: https://twitter.com/tbrc_info

Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: