India Covid-19 Antigen Test Market Size & Outlook
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India covid-19 antigen test market highlights
- The India covid-19 antigen test market generated a revenue of USD 1,678.4 million in 2020 and is expected to reach USD 2,790.9 million by 2027.
- The India market is expected to grow at a CAGR of 7.5% 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.
Covid-19 antigen test market data book summary
| Market revenue in 2020 | USD 1,678.4 million |
| Market revenue in 2027 | USD 2,790.9 million |
| Growth rate | 7.5% (CAGR from 2020 to 2027) |
| Largest segment | Services |
| Fastest growing segment | Reagents & Kits |
| Historical data | 2020 - 2019 |
| Base year | 2020 |
| Forecast period | 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, India accounted for 31.7% of the global covid-19 antigen test market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, India covid-19 antigen test market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,790.9 million by 2027.
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COVID-19 Antigen Test Market Scope
COVID-19 Antigen Test Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SD Biosensor | View profile | 251-500 | Suwon, Ch'ungch'ong-namdo, South Korea, Asia | https://www.sdbiosensor.com |
| Mylab Discovery Solutions | View profile | 11-50 | Lonavla, Maharashtra, India, Asia | https://mylabdiscoverysolutions.com/ |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Roche | View profile | 10001+ | Basel, Basel-Stadt, Switzerland, Europe | http://www.roche.com |
| Diasorin SpA | View profile | 3233 | Via Crescentino Snc, Saluggia, Vercelli, Italy, 13040 | https://www.diasoringroup.com |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| QuidelOrtho Corp | View profile | 7100 | 9975 Summers Ridge Road, San Diego, CA, United States, 92121 | https://www.quidelortho.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
India 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 51.03% in 2020. Horizon Databook has segmented the India 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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Target buyers of India 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 country-level data and insights on the India covid-19 antigen test market, including forecasts for subscribers. This country databook contains high-level insights into India covid-19 antigen test market from 2020 to 2027, including revenue numbers, major trends, and company profiles.
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India covid 19 antigen tests market size, by end use, 2020-2027 (US$M)
India COVID-19 Antigen Test Market Share, 2020 & 2027 (US$M)
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