The antibody detection kits are experiencing a substantial rise in demand due to increasing COVID-19 crisis throughout the world. Antibody detection is vital for the differential diagnosis of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). It is a test performed by patient serum or plasma with reagent red cells. Determination of certain antibodies to viral and bacterial pathogens, as well as to parasites facilitates the correct therapeutic measures to be taken. Antibody detection kits are predictive for prognosis and detection of COVID-19 infections to assist the diseases. Since, these kits helps to examine whether a person has developed antibodies in their blood stream to fight the SARS-CoV-2, which indicates whether a person has been exposed to or has COVID-19.
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In response to manage COVID-19 pandemic and to increase the patient screening, several companies are offering this rapid antibody detection kits to healthcare workers, hospitals, laboratories, and to other professionals only. Thus, rise in incidences of coronavirus cases, along with the growing government approvals for antibody test kits are the few factors responsible for high CAGR of the market over the forecast period. For instance, on March 2020, two South Korean firms, SD Biosensor and Seegene have received government approval to deliver RT-PCR (Reverse transcription polymerase chain reaction) based Novel Coronavirus (COVID-19) diagnostic kits in India. Also, the government authorized 12 rapid antibody test kits for COVID-19 diagnosis. This, in turn, is expected to accelerate the growth of COVID-19 antibody detection kits in the global market. However, limited availability of kits and dearth of skilled professionals are the few factors expected to hamper the growth of the market over the forecast period.
The regional analysis of global COVID-19 Antibody Detection Kits market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.
Major market player included in this report are:
Guangzhou Wonton Biotech
Bioscience (Chongqing) Biotech
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