Organic Growth To Compel The Antibody Testing Market To Reach 228 Mllion Between 2020 to 2030

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Antibody Testing Market
Report Id PMRREP31930 Category Life Science
Healthcare
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Organic Growth To Compel The Antibody Testing
Market To Reach 228 Mllion Between 2020 to 2030

• 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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