Published by Coherent Market Insights
Posted on September 22, 2021
4 min readLast updated: February 2, 2026
The COVID-19 detection kits market is projected to grow modestly through 2027, driven by new test approvals and strategic collaborations.
Coherent Market Insights recently published an in depth study of COVID-19 Detection Kits Market covering interesting aspects of the market with supporting development scenarios starting from 2021-2027. The report delivers the clean elaborated structure of the Market comprising each and each business-related information of the market at a worldwide level. the entire range of data associated with the worldwide Market is obtained through various sources and this obtained bulk of the knowledge is arranged, processed, and represented by a gaggle of specialists through the appliance of various methodological techniques and analytical tools like SWOT analysis to get an entire set of trade-based study regarding the COVID-19 Detection Kits.
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This report assesses the growth rate and the market value on the basis of the key market dynamics, as well as the growth inducing factors. The complete study is based on the up-to-date industry news, growth potentials, and Market trends. It also contains an in-depth analysis of the market and competitive scenario, together with the analysis of the leading competitors.
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.
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.
Competitive Analysis:
The key players are highly focusing on innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in optimal strategies. Few Market Key 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.
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Some Important TOC:
Market Overview
Global Market Landscape by Player
Players Profiles
Global Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Global Production, Consumption, Export, Import by Region (2013-2021)
Production, Revenue (Value) by Region (2013-2021)
Manufacturing Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Market Dynamics
Global Market Forecast (2021-2027)
Research Findings and Conclusion
Appendix
The following queries are answered in this comprehensive document:
1. What is the market size of the global and regional levels?
2. Which are the top countries and what is their market size?
3. Which are the growth opportunities in the coming years?
4. Which are the top players and what is their market share?
5. Which are the risk factors affecting market growth?
Thanks for reading this article, you can also get individual chapter wise section or region wise report versions like North America, Europe or Asia.
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The post COVID-19 Detection Kits Market Size and Share to See Modest Growth Through 2027 appeared first on Gatorledger.
The article discusses the growth forecast of the COVID-19 detection kits market through 2027.
Market growth is driven by new test approvals, collaborations, and increased R&D funding.
Europe is leading with the launch of on-the-spot-result detection kits.
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