Global COVID-19 Antibody Detection Kits Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2020-2026. The antibody detection kits are experiencing a substantial rise in demand due to increasing COVID-19 crisis throughout the world. Antibody detection is vital for the differential diagnosis of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). It is a test performed by patient serum or plasma with reagent red cells. Determination of certain antibodies to viral and bacterial pathogens, as well as to parasites facilitates the correct therapeutic measures to be taken. Antibody detection kits are predictive for prognosis and detection of COVID-19 infections to assist the diseases. Since, these kits helps to examine whether a person has developed antibodies in their blood stream to fight the SARS-CoV-2, which indicates whether a person has been exposed to or has COVID-19. In response to manage COVID-19 pandemic and to increase the patient screening, several companies are offering this rapid antibody detection kits to healthcare workers, hospitals, laboratories, and to other professionals only. Thus, rise in incidences of coronavirus cases, along with the growing government approvals for antibody test kits are the few factors responsible for high CAGR of the market over the forecast period. For instance, on March 2020, two South Korean firms, SD Biosensor and Seegene have received government approval to deliver RT-PCR (Reverse transcription polymerase chain reaction) based Novel Coronavirus (COVID-19) diagnostic kits in India. Also, the government authorized 12 rapid antibody test kits for COVID-19 diagnosis. This, in turn, is expected to accelerate the growth of COVID-19 antibody detection kits in the global market. However, limited availability of kits and dearth of skilled professionals are the few factors expected to hamper the growth of the market over the forecast period of 2020-2026. The regional analysis of global COVID-19 Antibody Detection Kits market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.

Major market player included in this report are:
INNOVITA
Guangzhou Wonton Biotech
Bioscience (Chongqing) Biotech
Xiamen InnoDx
Guangdong Hecin-Scientific
SD Biosensor

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Immunoglobulin M (IgM)
Immunoglobulin G (IgG)

By End-User:
Hospital
Scientific Research
Diagnostic Center

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global COVID-19 Antibody Detection Kits Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors