“Policy for Coronavirus Disease-2019 Tests During the Public Health Emergency (Revised) - Immediately in Effect Guidance for Clinical Laboratories, Commercial Manufacturers, and Food and Drug Administration Staff.” “This policy is intended to remain in effect only for the duration of the public health emergency related to COVID-19 declared by the Secretary of Health and Human Services (HHS) on January 31, 2020, effective January 27, 2020, including any renewals made by the HHS Secretary in accordance with section 319(a)(2) of the Public Health Service Act (PHS Act).”
The article cited AMA's "Global IgM/IgG Rapid Test Kits Market Study" explored CAGR of %. According to the report, Increasing Number of Investments for Research & Development of IgM/IgG Rapid Test Kits
is one of the primary growth factors for the market. Increasing Demand for Corona Test Kits in Hospitals to Diagnose the Patients with Symptoms
is also expected to contribute significantly to the IgM/IgG Rapid Test Kits market. Overall, Hospital
applications of IgM/IgG Rapid Test Kits, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Kit Components, such as Detection Cassette, is boosting the IgM/IgG Rapid Test Kits market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sample Types, such as Blood, is boosting the IgM/IgG Rapid Test Kits market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global IgM/IgG Rapid Test Kits market identified that the demand is rising in many different parts of the world as "The number of patients in the hospitals is increasing rapidly, and the countries are trying to get access to the test kit to inspect each and every suspected person to slow the spread of the virus.".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global IgM/IgG Rapid Test Kits market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the IgM/IgG Rapid Test Kits market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall IgM/IgG Rapid Test Kits market size is calculated using market estimation process, the IgM/IgG Rapid Test Kits market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global IgM/IgG Rapid Test Kits market size has been validated using both top-down and bottom-up approaches.