Dublin, Oct. 20, 2020 (GLOBE NEWSWIRE) -- The "COVID-19 Antigen Diagnostic Test Landscape" report has been added to ResearchAndMarkets.com's offering.

The global market for COVID-19 Diagnostic Tests was valued at $16B in 2020 and is expected to grow at a CAGR (2020-2025) of 6.5%. The market is segmented into molecular tests, antigen tests, and antibody tests.

Molecular diagnostic tests to diagnose COVID-19 were available in the USA a few months after the outbreak in China. On February 4, 2020, the US FDA issued an emergency use authorization (EUA) enabling the CDC 2019-nCoV Real-Time RT-PCR Diagnostic Panel. Since then authorized molecular laboratories, molecular diagnostic companies, and in-vitro diagnostic companies have developed several COVID-19 diagnostic tests. The U.S. FDA has authorized more than 262 coronavirus diagnostic tests under EUAs, which include 205 molecular tests, 51 antibody tests, and 6 antigen tests.

This report provides timely coverage and an assessment of the market opportunities for COVID-19 diagnostic tests. The initial demand for antibody tests has subsided due to a shift in the guidance from health authorities to focus on asymptomatic and symptomatic current infection cases. The WHO announced it will provide 120 million rapid COVID-19 tests to low-and middle-income countries. Abbott and Roche have scaled their production of rapid antigen tests and are expected to produce more than 50 million tests per month of BinaxNOWT COVID-19 Ag Card and STANDARD Q SARS-CoV-2 Rapid Antigen Test respectively. Additionally, Point of Care (POC) antigen tests VeritorT Plus System from BD, LumiraDx Sars-CoV-2 Ag from LumiraDx, and Sofia SARS Antigen Test were issued FDA EUA and will augment the rapid testing capabilities at hospitals and near-patient CLIA waived settings.

Combination tests that detect common flu A, B, and COVID-19 are in demand ahead of the flu season. SARS-CoV-2 and influenza A/B test from Roche and Xpert Xpress SARS-CoV-2, influenza A and B, and respiratory syncytial virus (RSV) from Cepheid (Danaher Company) has been issued FDA EUA.

This report provides data and insight for healthtech executives seeking:

Key Topics Covered:

1 Executive Summary

2 Scope of the Report

3 COVID-19 Antigen Diagnostic Tests Segmentation
3.1 COVID-19 Antigen Diagnostic Tests List (Brief Commentary on Strengths & Weaknesses)
3.2 COVID-19 Antigen Diagnostic Tests by Sample Type

3.3 COVID-19 Antigen Diagnostic Tests by Method

3.4 COVID-19 Antigen Diagnostic Tests by Mode of Operation

4. COVID-19 Antigen Tests Clinical Trials
4.1 by Status
4.2 by Location
4.3 by Sponsor

5. Regulatory Approval
5.1 FDA Approved COVID19 Antigen Tests
5.2 CE Approved COVID19 Antigen Tests

6 COVID-19 Antigen Diagnostic Tests Competitive Landscape (Key Companies)


Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/4ubxof

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