Asia Pacific Covid-19 Antigen Test Market Size & Outlook
Asia Pacific covid-19 antigen test market, 2020-2027 (US$M)
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Asia Pacific covid-19 antigen test market highlights
- The Asia Pacific covid-19 antigen test market generated a revenue of USD 2,049.6 million in 2020.
- The market is expected to grow at a CAGR of 7.4% from 2021 to 2027.
- In terms of segment, services was the largest revenue generating product & service in 2020.
- Reagents & Kits is the most lucrative product & service segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2027.
Asia Pacific data book summary
| Market revenue in 2020 | USD 2,049.6 million |
| Market revenue in 2027 | USD 3,378.4 million |
| Growth rate | 7.4% (CAGR from 2020 to 2027) |
| Largest segment | Services |
| Fastest growing segment | Reagents & Kits |
| Historical data covered | 2020 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platforms, Reagents & Kits, Services |
| Key market players worldwide | Abbott Laboratories, SD Biosensor, Mylab Discovery Solutions, Roche, PerkinElmer, Becton Dickinson & Co, Diasorin SpA, QuidelOrtho Corp, Labcorp Holdings Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 38.7% of the global covid-19 antigen test market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,378.4 million by 2027.
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COVID-19 Antigen Test Market Scope
COVID-19 Antigen Test Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific covid-19 antigen test market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to covid-19 antigen test market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 50.69% in 2020. Horizon Databook has segmented the Asia Pacific covid-19 antigen test market based on platforms, reagents & kits, services covering the revenue growth of each sub-segment from 2020 to 2027.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific covid-19 antigen test market databook
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Our clientele includes a mix of covid-19 antigen test market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific covid-19 antigen test market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific covid-19 antigen test market from 2020 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific covid 19 antigen tests market size, by country, 2020-2027 (US$M)
Asia Pacific COVID-19 Antigen Test Market Share, 2020 & 2027 (US$M)
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