Rapid Antigen Testing Market Analysis

  • Report ID: 5849
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Rapid Antigen Testing Market Analysis

Application (Sexually Transmitted Diseases, Autoimmune Diseases, Tropical Diseases, Liver Diseases)

In rapid antigen testing market, autoimmune diseases segment is poised to hold more than 43% share by 2037. The advancement of the segment is significantly driven by the increasing global prevalence of autoimmune illnesses. The annual increases in the incidence and prevalence of autoimmune illnesses globally are estimated to be 19.1% and 12.5%, respectively.

Millions of people throughout the world suffer from autoimmune illnesses like psoriasis, lupus, rheumatoid arthritis, and multiple sclerosis. Also, early identification and diagnosis of autoimmune disorders have been made easier by developments in diagnostic technology. Healthcare professionals may now diagnose autoimmune illnesses early on, improving patient outcomes and starting therapy sooner because of the development of more precise and dependable diagnostic techniques.

Research and development related to autoimmune diseases are advancing quickly. As new understandings of the fundamental processes underlying autoimmune disorders emerge, prospective therapeutic targets and methods of care are being identified.

Technique (Immunosorbent Assay, Enzyme-linked Immunosorbent, Precipitation Reaction, Radioimmunoassay, Agglutination Reaction, Complement Fixation)

In rapid antigen testing market, immunosorbent assay segment is estimated to account for more than 33% revenue share by the end of 2037. The main application of immunosorbent assay is the detection of antigens in the cerebrospinal fluid (CSF) of meningitis patients' Hemophilus, Streptococcus, and Cryptococcus organisms.

These are widely employed in the diagnosis of Lyme disease, HIV, and viral hepatitis. Therefore, the growing cases of these diseases will propel the growth of the segment. According to a report, more than 1.34 million people worldwide lose their lives to viral hepatitis each year, a mortality toll that is equivalent to that of AIDS and tuberculosis. In addition, globally, chronic hepatitis is the cause of 78% of cases of liver cancer.

Moreover, Directigen, QuickVue, Sofia, and BD Veritor are next-generation lateral flow Digital Immunoassay (DIA) techniques for the qualitative identification of RSV viral antigens. These are immunoassay-based fast diagnostics for RSV. Rapid RSV antigen testing is also the most popular test. Most RSV antigen tests are done at an emergency room, doctor's office, or on-site, and most results are available in an hour or less.

Our in-depth analysis of the global rapid antigen testing market includes the following segments:

 

 

 

 

     Technique

  • Immunosorbent Assay
  • Enzyme-linked Immunosorbent
  • Precipitation Reaction
  • Radioimmunoassay
  • Agglutination Reaction
  • Complement Fixation

     Application

  • Sexually Transmitted Diseases
  • Autoimmune Diseases
  • Tropical Diseases
  • Liver Diseases

     End-User

  • Hospitals
  • Specialty Clinics
  • Diagnostic Centers
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Author Credits:  Radhika Pawar


  • Report ID: 5849
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of rapid antigen testing is assessed at USD 27.2 billion.

The rapid antigen testing market size was over USD 25.68 billion in 2024 and is projected to reach USD 64.96 billion by 2037, growing at around 7.4% CAGR during the forecast period i.e., between 2025-2037. The growing adoption of rapid antigen tests for diagnosis of other viral infections, the growing shift towards digitalization in the healthcare industry, and growing incidences of infectious diseases will boost the market growth.

North America industry is anticipated to hold largest revenue share of 37% by 2037, due to increasing prevalence of antibiotic-resistant infections and respiratory illnesses in the region.

The major players in the market are iHealth Labs, Inc., NeoDx Biotech Labs, Abbott Laboratories, Affinity Biologics, Inc., Siemens Healthineers AG, Epitope Diagnostics, Inc., Sino Biological, Inc., R-Biopharma AG, Cell Biolabs, Inc, Thermo Fisher Scientific, Kaneka Corporation, FUJIFILM Corporation, Otsuka Pharmaceutical Co., Ltd., Hitachi, Ltd., Shionogi & Co., Ltd. and others.
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