Press release
Impacting Report on Global COVID-19 Detection Kits Market by Trending Top Companies- Roche, Seegene, PharmACT, Everlywell, Innovita, Curative, Biopanda | Forecast 2020-2024
BIR Research has recently announced a report on Global COVID-19 Detection Kits Market based on the Medical Devices Industry. The COVID-19 Detection Kits Market report emphasizes various key aspects, which include growth drivers, restraints, opportunities and recent market trends for the forecast period 2020-2024.Overview of Global COVID-19 Detection Kits Market:
COVID-19 Detection Kits includes methods that detect the presence of virus and those that detect antibodies produced in response to infection. The presence of viruses is generally confirmed by RT-PCR, which detects the coronavirus' RNA. This test detects only the RNA of the SARS-CoV-2 and is used to confirm very recent or active infections. Detection of antibodies (serology) can be used both for diagnosis and population surveillance. Antibody tests show how many people have had the disease, including those whose symptoms were minor or who were asymptomatic. An accurate mortality rate of the disease and the level of herd immunity in the population can be determined from the results of this test.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
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Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the COVID-19 Detection Kits market in 2020.
Growth in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards COVID-19 Detection Kits costs and an increase in the number of methods that detect the presence of virus.
Product Type Segmentation:
The COVID-19 Detection Kits market have different product type such as Nucleic Acid Detection Kit and Antibody Detection Kit. COVID-19 Detection Kits market product type gives methods that detect the presence of virus. Due to limited testing, as of March 2020 no countries had reliable data on the prevalence of the virus in their population. By 23 March, no country had tested more than 3% of their population, and there are variations in how much testing has been done across countries.
Industry Segmentation:
Increasing instances across various sectors such as Hospital, Scientific Research and Diagnostic Center are raising the need of methods that detect the presence of virus, thereby raising the demand for COVID-19 Detection Kits market. This help in the profitable growth of the Global COVID-19 Detection Kits market in upcoming year. This variability is also likely to be affecting reported case fatality rates, which have probably been over-estimated in many countries, due to sampling bias.
Segmentation by Regions:
The COVID-19 Detection Kits market in North America has created methods that detect the presence of virus to help patients affected by the Covid-19 pandemic in the world. The COVID-19 Detection Kits market consists of the methods that detect the presence of virus. It was followed by Western Europe, China, Japan, Southeast Asia, India and Central & South America regions. Asia Pacific is expected to record higher growth rate in COVID-19 Detection Kits Market during the forecast year.
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Top Leading Key Manufacturers are: Roche, Seegene, PharmACT, Everlywell, Biopanda, Mylab Discovery, Integrated DNA Technologies, Cosara Diagnostics, Solgent, Kogene Biotech, SD Biosensor, Biosewoom, Curative, Biolidics, Shanghai ZJ Bio-Tech, Shanghai Geneodx Biotech, INNOVITA, Genomics Biotech (Wuhan), Zhongshan Daan Gene, Sanaure, Shanghai Bio-Germ, Guangzhou Wonfo Bio-Tech, Chengdu Boaojing Bio-Tech, Beijing XABT, Bioscience(Chongqing) Bio-Tech, Maccura Bio-Tech, Xiamen InnoDx, Guangdong Hecin-Scientific, Wuhan Easydiagnosis Biomedicine. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Top Industry News:
Roche response to COVID-19 pandemic 24 March 2020 - Roche Group, today provided an update on the various actions the company is taking to address the COVID-19 pandemic.
Roche initiates global phase III study and collects data on Actemra's potential utility in severe COVID-19 pneumonia patients
On March 19, 2020, Roche confirmed initiation of a randomised, double-blind, placebo-controlled Phase III clinical trial in collaboration with the Biomedical Advanced Research and Development Authority (BARDA), a part of the US Health and Human Services Office of the Assistant Secretary for Preparedness and Response (ASPR). The study, COVACTA, will evaluate the safety and efficacy of intravenous Actemra/RoActemra (tocilizumab) on top of standard of care in hospitalised adult patients with severe COVID-19 pneumonia compared to placebo on top of standard of care.
This is the first global study of Actemra/RoActemra in this setting. In addition to the Roche trial, Roche is also carefully following independently-led clinical trials, on multiple medicines including Actemra, that are taking place around the world.
At the moment, there are no robust, well-controlled studies showing safety and efficacy of Actemra in clinical treatment of COVID-19 pneumonia, and Actemra is not currently approved for this use.
Actemra Manufacturing and Supply
Despite some of the supply and logistics challenges due to COVID-19, Roche has been able to continue to deliver life-saving medicines to patients around the world, thanks to the resilience of its global network. Currently, we continue to see limited disruption, and are continually monitoring the situation.
With the announcement of new clinical trials, and a potential increase in demand for Actemra, Roche is working urgently to accelerate manufacturing capacity to maximize production of Actemra wherever possible with the goal of increasing available supply globally.
While Roche is ensuring a coordinated, global overview of additional supply requests, provision of medicines is managed on a country level according to local rules and regulations and in close collaboration with the authorities.
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Major Points in Table of Contents:
1 COVID-19 Detection Kits Product Definition
2 Global COVID-19 Detection Kits Market Manufacturer Share and Market Overview
2.1 Global Manufacturer COVID-19 Detection Kits Shipments
2.2 Global Manufacturer COVID-19 Detection Kits Business Revenue
2.3 Global COVID-19 Detection Kits Market Overview
3 Manufacturer COVID-19 Detection Kits Business Introduction
3.1 Roche COVID-19 Detection Kits Business Introduction
3.1.1 Roche COVID-19 Detection Kits Shipments, Price, Revenue and Gross profit 2020-2024
3.1.2 Roche COVID-19 Detection Kits Business Distribution by Region
3.1.3 Roche Interview Record
3.1.4 Roche COVID-19 Detection Kits Business Profile
3.1.5 Roche COVID-19 Detection Kits Product Specification
3.2 Seegene COVID-19 Detection Kits Business Introduction
3.2.1 Seegene COVID-19 Detection Kits Shipments, Price, Revenue and Gross profit 2020-2024
3.2.2 Seegene COVID-19 Detection Kits Business Distribution by Region
3.2.3 Interview Record
3.2.4 Seegene COVID-19 Detection Kits Business Overview
3.2.5 Seegene COVID-19 Detection Kits Product Specification
3.3 PharmACT COVID-19 Detection Kits Business Introduction
3.3.1 PharmACT COVID-19 Detection Kits Shipments, Price, Revenue and Gross profit 2020-2024
3.3.2 PharmACT COVID-19 Detection Kits Business Distribution by Region
3.3.3 Interview Record
3.3.4 PharmACT COVID-19 Detection Kits Business Overview
3.3.5 PharmACT COVID-19 Detection Kits Product Specification
3.4 Everlywell COVID-19 Detection Kits Business Introduction
3.5 Biopanda COVID-19 Detection Kits Business Introduction
3.6 Mylab Discovery COVID-19 Detection Kits Business Introduction
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