Emergence of Covid-19 and Approval and Launch of New Tests to Augment Growth of Covid-19 Detection Kits Market

Emergence of Covid-19 is expected to propel growth of the global COVID-19 detection kits market. For instance, globally, as of 5:40pm CET, 12 January 2021, there have been 89,707,115 confirmed cases of COVID-19, including 1,940,352 deaths, as reported to the World Health Organization.

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Moreover, approval and launch of new tests is also expected to aid in growth of the global COVID-19 detection kits market. For instance, in January 2021, The US Food and Drug Administration published a safety communication that identifies Applied DNA Sciences’ Linea COVID-19 Assay Kit as one of only two tests marketed under its emergency use authorization to detect certain SARS-CoV-2 mutations. Similarly, in January 2021, MatMaCorp (Materials and Machines Corporation) received the U.S. Food and Drug Administration’s Emergency Use Authorization for its COVID-19 2SF RNA test for the detection of SARS-CoV-2 on the company’s Solas 8 portable detection system.

Adoption of collaboration and partnership strategies is expected to offer lucrative growth opportunities for players in the global COVID-19 detection kits market. For instance, in December 2020, Cipla partnered with Premier Medical Corporation Private Limited to produce rapid antigen COVID-19 testing kits in India. Moreover, increasing fun ding for R&D in diagnostic kits is also expected to aid in growth of the market. For instance, in January 2021, Iceni Diagnostics, a UK-based startup that claims to provide COVID-19 rapid test results in just 15 minutes, received US$ 2.73 million in funding.

The COVID-19 detection kits market in Europe is driven by launch of on-the-spot-result detection kits. For instance, in January 2021, Vatic announced to launch KnowNow COVID-19 test, an on-the-spot-result saliva test to identify current COVID-19 infections.

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Top Players Are: Co-Diagnostics, Inc F. Hoffmann-La Roche AG, Siemens Healthineers AG, Thermo Fisher Scientific, Abbott Laboratories, BGI, Cepheid Inc, BioFire Diagnostics, GenMark Diagnostics, Qiagen, Quidel Corporation, Randox Laboratories Ltd., SD Biosensor, INC., Shenzhen Bioeasy Biotechnology Co., Ltd., and Seegene Inc.

There is Multiple Chapter to display the Global COVID-19 Detection Kits Market some of them As Follow

Chapter 1, Definition, Specifications and Classification of COVID-19 Detection Kits, Applications of COVID-19 Detection Kits, Market Segment by Regions;
Chapter 2, Manufacturing Cost Structure, Raw Materials, and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, Technical Data and Manufacturing Plants Analysis of COVID-19 Detection Kits, Capacity, and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, Regional Market Analysis that includes the United States, China, Europe, Japan, Korea & Taiwan, COVID-19 Detection Kits Segment Market Analysis (by Type);
Chapter 7 and 8, The COVID-19 Detection Kits Segment Market Analysis (by Application) Major Manufacturers Analysis of COVID-19 Detection Kits;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type Natural preservative, Chemical preservative, Market Trend by Application;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, The Consumers Analysis of Global COVID-19 Detection Kits;
Chapter 12, COVID-19 Detection Kits Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, COVID-19 Detection Kits sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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