Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The testing kit market of the covid-19 in comprised of the access for the current or past affectations of the virus of SARS-COV-2. The two main branches detect the either presence of the virus or of the antibodies produced in the response of the infections. The rising in the no of the cases of the novel corona virus disease and the increase in the collaboration between the government and the manufactures and boosting the market of the covid testing kit. The covid testing kit rising demand as the cases are increase day by day. As per the report of to the report of the WHO the U.S. has reported the 3,195,624 death up to the May 2021.
The United States is affected highly by the novel corona virus disease. There are 1, 523, 87,917 cases of the novel corona virus disease up to the May 2021 as per the report of the WHO. The driving factors for the covid testing kits are rising cases of the covid-19 and the rise in the geriatric population affected by the COVID-19, the government collaborations with the global leaders for the mass testing for the SARS-CoV-2 also known as the COVID-19. however, the market is getting hampered by the reasons like the product recall, low demand to supply ratio and the low accuracy of immunoassay-based tests.
The exclusive COVID-19 impact analysis report by axiom MRC provides a 3600 analysis of micro and macro-economic factors on the Covid testing kit market. In addition, complete analysis of changes on Covid testing kits expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on United States economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The market could not get hampered as such by the COVID-19 Global pandemic as it comes under the essential services. Due to covid-19 global pandemic the market has the positive impact as the no of cases are rising due to the novel coronavirus disease.
The COVID testing kit market in United States is segmented by the various segments like by test type, kit type, sample type, by end user.
The study analyses that the United States has the emerging market of the COVID testing kit and it is segmented by the test type like RT-PCR test, rapid antigen test, rapid antibody test and others. The fastest growing test is the rapid antigen test in which the nasal swabs of the specimens are placed into the solution for the detection of the virus. The rapid antigen test is less reliable as compare to the RT-PCR test but its detection time is less than the RT-PCR tests. However, the rapid antigen testing is the fastest growing in the segment of the test type.
The study analysed the various kit type like PCR machines, equipment’s and extraction kits and reagent in the regional market of United States . The segment is dominated by the PCR machines as they are more reliable and has the high range of accuracy for the detection of the novel coronavirus disease. The fastest growing in the segments are equipment and extraction kits as they are having the application in the antigen testing as it is the faster method for the detection of the COVID testing.
The various sample like nasal, throat, blood and other are comprised in the sample type segment of the regional market of the COVID testing kit. The nasal and throat swabs are most reliable for the detection of the COVID-19 and the blood test is used for the antibody testing of the covid-19. As they are used for the confirmation of the person is affected by the novel coronavirus disease or not. Due to that they are the fastest growing in the segment of the sample type.
The study concludes the various end users of the covid testing kits like hospitals, clinics, diagnostic laboratories, and homecare in the United States regional market of COVID testing kit. The United states has the well-established health care facilities and having the higher of testing in the Hospitals and the diagnostic laboratories. the clinical testing is also rising in the notable manner and has the growing no of testing of the novel coronavirus disease.
The Major Key Players Like Abbott Laboratories, Acro Biotech, Advagen Inc., Amonmed Biotechnology, Astel Diagnostic, Atoma Diagnostic, Babylon, Becton Dickison And Company, Omega Diagnostics, Roche Molecular, Perkin Elmer, Sysmex Corp, Thermofischer Scientific, Immunoscience, Lab Care Diagnostics, Diasorin Molecular among the other.
The study comprised of the various segment of the covid testing in United States like by test type, sample type, end users and by kit types. The test type segment is headed by the RT-PCR test as they are more accurate and reliable for the detection of the COVID-19 and the segment of the sample type headed by the Nasal and the throat swabs as there is existence of the viruses. The kit type is leaded by the PCR-Machine as they are required for the detection of the DNA sequence of the virus and study also analysed the various end users like Hospitals, homecare, diagnostic laboratories and the homecare. The study also covers the impact of the COVID-19 pandemic on the covid testing kit market of the United States. The study found that the covid-19 has the positive impact on covid testing kit market of United States. The study also identifies the major key players in the region.
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