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COVID-19 Rapid Test Kits Market 2022 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Abbott Laboratories, F. Hoffmann-La Roche AG, Quidel Corporation, Thermo Fisher Scientific Inc., Becton, Dickinson and Company

11-14-2022 06:03 AM CET | Health & Medicine

Press release from: The Business research company

COVID-19 Rapid Test Kits Market

COVID-19 Rapid Test Kits Market

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According to The Business Research Company's COVID-19 Rapid Test Kits market report, the COVID-19 rapid test kits market is expected to reach a value of nearly $14,941.3 million in 2020. The COVID-19 rapid test kits market is expected to decline from $14,941.3 million in 2020 to $1,367.3 million 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.

The rising demand for antibody tests is expected to drive the market for COVID-19 rapid test kits in the forecast period. Rapid antibody tests allow the public health agencies to identify individuals with previous COVID-19 disease, understand its spread, and inform public health interventions. For instance, in countries such as India, several state governments have asked private and government organizations to start using antibody tests as this can play a key role to curb the contagion with the start of unlock phases in the country. This is expected to drive the demand for COVID-19 rapid test kits in the forecast period.

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The COVID-19 Rapid Test Kits market is segmented -
• By Test Type : RT PCR Test, Rapid Antigen Test, Rapid Antibody Test, Others
• By Test Components : PCR Machines, Equipment And Extraction Kits, Reagents
• By Specimen Type : Nasopharyngeal Swab, Oropharyngeal Swab, Nasal Swab, Blood, Others
• By End-Users : Hospitals And Clinics, Diagnostic Laboratories, Home Care, Others
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the COVID-19 Rapid Test Kits market.

Major competitors 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

See The Full COVID-19 Rapid Test Kits Market Report Here:
https://www.thebusinessresearchcompany.com/report/covid-19-rapid-test-kits-market

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 Table Of Content For The COVID-19 Rapid Test Kits Market Include:
1. COVID-19 Rapid Test Kits Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
20. Key Mergers And Acquisitions In The COVID-19 Rapid Test Kits Global Market
21. Global COVID-19 Rapid Test Kits Opportunities And Strategies
22. COVID-19 Rapid Test Kits Market Conclusions And Recommendations
23. Appendix
23. Copyright and Disclaimer

The Business Research Company's "Global COVID-19 Rapid Test Kits Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.

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