Serological Test Market Market Size – USD 24.55 billion in 2018, Market Growth - CAGR of 8.8%, Market Trends – Product launches and research for advanced Rapid Test
Reports and Data has added a new market research report titled Global Serological Test Market Forecast to 2028 to its ever-expanding database. The report spanning over 100 pages is a detailed overview of the market equipped with latest information about product types, application spectrum, revenue share, market growth, revenue growth, market share, market size, and top companies. Insightful data has been collected through extensive primary and secondary research and further validated by industry experts and professionals to offer key insights into statistical data of the market. The statistical data has been organized into tables, charts, diagrams, and other pictorial representations.
Furthermore, the report covers various important aspects of the industry such current and emerging trends, updated outlines, growth factors, restraints, growth prospects and opportunities, regulatory framework and government policies, macro and micro economic factors, and other factors that enable to draw projections for the estimated market growth in the forecast period.
Key companies operating in the global market and profiled in the report include:
Akers Biosciences, Inc., Alere Inc. (Abbott Laboratories), Becton, Dickinson and Company, Bio-rad Laboratories, Inc., Cepheid, Inc., Hologic, Inc., Meridian Bioscience, Inc., OraSure Technologies, Inc., Quidel Corporation, and Roche Diagnostics.
The COVID-19 Impact:
The demand for the Serological Test will grow tremendously during the pandemic. New equipment will enhance and expand performance capabilities, which will build sales in hospitals, outpatient facilities. Overall, the pandemic crisis will lead to multiple changes, which will result in companies adopting different strategies to meet increasing demand. There will also be a substantial change in the product pipeline, and the overall supply chain as macroeconomic shifts take place. The use of AI and other technologies is another trend which is highlighted. Gains will be driven by expanded market products that help hospitals and large outpatient facilities improve the accuracy, quality, and efficiency of treatment. There is still a huge discrepancy between available Serological Tests and the need.
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For the purpose of this report, Reports and Data has segmented the Rapid Test market on the basis of product type, application type, end use, and region:
Product Type (Revenue, USD Million; 2016–2026)
- Over-the-Counter (OTC) Rapid Test Product
- Professional Rapid Test Product
Application Type (Revenue, USD Million; 2016–2026)
- Infectious Disease
- Cardiology
- Oncology
- Pregnancy Fertility
- Toxicology
- Glucose Monitoring
- Others
End Use (Revenue, USD Million; 2016–2026)
- Hospital Clinic
- Diagnostic Laboratory
- Home Care
- Others
Regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Answered in this Research Study:
- What is the global production, production value and consumption value?
- Who are the global key manufacturers of the market? How are their operating situation?
- What are the types and applications of market?
- What is the market share value of each type and application?
- What are the upstream raw materials and manufacturing equipment?
- What is the manufacturing process?
- Economic impact on the market and development trends of market.
- What will be the market size and the growth rate be in 2026?
- What are the key factors driving the market?
- What are the key market trends impacting the growth of the market?
- What are the challenges to market growth?
- What are the market opportunities and threats faced by the vendors in the market?
The report utilizes advanced analytical tools to research, gather, and analyze data. The in-depth research report has been formulated through extensive primary and secondary research and the data has been further validated and verified from industry experts, professionals, and research analysts. The report also offers strategic recommendations to key market players and novice players to overcome barriers and limitations and gain a robust footing in the market.
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