June 16, 2022 19:09 ET | Source: Arizton Advisory and Intelligence Arizton Advisory and Intelligence
Chicago, June 16, 2022 (GLOBE NEWSWIRE) -- According to Arizton’s latest research report, the global COVID-19 rapid antigen tests market is witnessing robust funding and investments to scale up COVID-19 rapid antigen tests. At-home COVID-19 rapid antigen tests are expected to increase as many companies have been coming up with a greater number of at-home COVID-19 rapid antigen tests with increasing launches and approvals by the FDA in recent times. Currently, at-home COVID-19 rapid antigen tests are trending in many developed countries and have also been made freely available, whereas, in developing countries, they have received increased approval on prescription.
COVID-19 Rapid Antigen Tests Kits Market Report Scope
Click Here to Download the Free Sample Report
The global COVID-19 rapid antigen test kits market is growing at a rapid pace due to the COVID-19 pandemic and will soon turn into a normal market. The number of checked COVID-19 cases has crossed millions across the globe. Each country has its own challenges in controlling the spread of COVID-19 cases across the globe.
The latest development in rapid antigen test kits includes instant testing at home. For instance, there are many vendors who have actively been manufacturing and selling home self-test kits, which is helping to control the large pool of patients going to hospitals and clinics to get tested. ANP Technologies, BD, BioSynex, Getein Biotech, Hangzhou Clongene Biotech, Abbott, and Mylab have been offering self-test home kits.
Robust Funding and Investments to Scale-up COVID-19 Test Kit Production
In September 2020, with the aim of scaling up the production of rapid antigen tests, the Global Fund, (an international financing and partnership organization to finance or fund AIDS, tuberculosis, and malaria prevention) announced that it has made available an initial $50 million from its COVID-19 response mechanism to enable countries to purchase at least 10 million new rapid tests at the guaranteed price.
COVID-19 Rapid Antigen Tests Kits Market – Vendor Analysis
Explore our Healthcare Lifesciences profile to know more about the industry.
Click Here to Download the Free Sample Report
Read some of the top-selling reports:
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals, and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Click Here to Contact Us