Top Key-Players To Deepen The Growth Curve For Antibody Testing Market

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Antibody Testing Market
Report Id PMRREP31930 Category Life Science
Healthcare
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Top Key-Players To Deepen The Growth Curve For
Antibody Testing Market

• Rapid diagnosis is crucial, and any delay can not
  only worsen a patients condition but can also
  result in unregulated spread of infection, as
  seen with the COVID-19 pandemic.
• The antibody testing market includes an extensive
  portfolio of products catering to many
  indications, such as cardiovascular disorders,
  autoimmune diseases, and bacterial and viral
  infectious diseases. Manufacturers not only offer
  test kits for various indications, but also
  provide choices for various types of antibody
  test kits, such as serological test kits,
  immunoglobulin assay kits, and lateral flow assay
  kits.
• As per Persistence Market Research, the
  global antibody testing market will experience a
  healthy CAGR of 8 during the forecast period
  of 20202030.

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Key Takeaways from Antibody Testing Market
Study   
The serological test kit product segment is
expected to be the most lucrative segment in the
global antibody testing market by the end
of 2030. By indication, the infectious diseases
segment is expected to grow 2.6 times from the
year 2020 to 2030. In terms of end user, the
diagnostic laboratories segment is expected to
hold 2/5 market share of the entire global market
value in the antibody testing market. Due to
the COVID-19 outbreak, the infection segment
increased from 7 in year-on-year growth
in 2018 to 2019 to nearly 12 in 2020. Countries
such as China, India, and Brazil have the
potential to drive the future growth of the
antibody testing market, owing to the growing
burden of infectious and chronic diseases such as
diabetes across these regions. Growing diseases
outbreak due to changing planetary dynamics and
rising patient preference for rapid diagnosis
will spur the growth of the antibody testing
market over the coming years, says a PMR
analyst.
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