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Decision Diagnostics Corp DECN
(Total Views: 476)
Posted On: 11/28/2020 1:46:19 PM
Post# of 11803
Posted By: weaver_525
Will COVID-19 vaccines ease test kit demand?

https://www.koreatimes.co.kr/www/tech/2020/11...99908.html


Quote:
According to an August report by BBC Research, the global COVID-19 diagnostics market will be valued at $35 billion this year and will grow an average 14.8 percent annually to reach $112 billion in 2027.

Test kit makers also say vaccines will not eat up the demand for testing, because proper diagnosis is a precondition for proper treatment or prevention.





Russia’s virus test kit’s market size is around $300 million


https://www.koreabiomed.com/news/articleView.html?idxno=9593


Quote:
“Demand for Korean test kits is rising in Russia because of their high accuracy,”
















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