Indian COVID-19 diagnostic market will see the declined growth of 19.9% during the forecast period. India has significant scope for COVID-19 diagnostic owing to robust increase in the diagnostic tests in the country coupled with the growing number of positive COVID-19 cases. The Indian government expanded the network of government laboratories designated to test samples of suspected COVID-19 cases to 920 laboratories. Moreover, the government of the respective states are taking several steps to contain the spread of COVID-19. For instance, in June 2020, Uttar Pradesh Government announced to start an antigen test for identification of COVID patients. It is a test on swab-based nasal samples which gives early results and is very different from the Rapid Antibody Test, which tests blood samples for the presence of antibodies against the virus which causes COVID-19. In the first phase, the antigen tests will start in five cities Lucknow, Prayagraj, Varanasi, Gorakhpur and Kanpur. Later it will be introduced in the districts of western part of the state.
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In June 2020, ICMR and AIIMS, Delhi independently evaluated the stand-alone rapid PoC antigen detection assay which does not require a specialized machine and can be interpreted with a naked eye. The test is a promising tool for quick diagnosis of SARS-CoV-2 in field settings. The assay is known as Standard Q COVID-19 Ag kit and has been developed by SD Biosensor with manufacturing unit at Manesar, Gurugram. On validation, the test has been found to have a very high specificity with moderate sensitivity. It is now recommended to use Standard Q COVID-19 Ag detection test as a PoC diagnostic assay for testing in the containment zones as well as hospitals in combination with the gold standard RT-PCR test. Therefore, the introduction of these type of rapid test in the country further escalated the diagnosis rates in the country that further propels the market growth.
The RT-PCR throat/nasal swab test has been the key diagnostic tests that were conducted across the country. The rapid antibody tests were withdrawn by ICMR within a few weeks due to over reliability concerns. However, ICMR has recently encouraged states to conduct serosurveys using an IgG ELISA test for COVID-19 diagnosis. RT-PCR test diagnoses the infection by detecting the presence of live virus, the antibody test provides information about the history of infection by detecting antibodies specific to COVID-19. In the early stages of a pandemic, or after a period of suppression, RT-PCR is useful to identify the infected persons, trace their contacts, and isolate them to limit the spread of infection.
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Key questions addressed by the report
• What is the market growth rate during the forecast period?
• Which segment dominates the market in base year?
• Which segment will project fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and coming years?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Indian COVID-19 Diagnostics Market – Segmentation
By Type
• Instruments
• Reagents & Kits
• Laboratory Testing Services
By Technology Type
• PCR Test
• Antigen Test
• Serology Test
• Rapid/ PoC Test
By Sample Type
• Oropharyngeal & Nasopharyngeal Swabs
• Blood
• Urine
• Saliva
• Others (Sperm)
By End-Users
• Laboratories
• Hospitals
• Diagnostic Centers & Clinics
• Research Institutes
Company Profiles
• Angstrom Biotech Pvt. Ltd.
• Aspen Laboratories Pvt. Ltd.
• Aura Biotechnologies Pvt. Ltd.
• Bhat Biotech India Pvt. Ltd.
• Biogenix Inc. Pvt. Ltd.
• BioGenomics Ltd.
• BioSystems Diagnostics Pvt. Ltd.
• CoSara Diagnostics Pvt. Ltd.
• J Mitra & Co. Pvt Ltd.
• Mylab Discovery Solutions Pvt Ltd.
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