Antibodies are immunoglobulins, Y-shaped proteins that are produced by the immune system to help stop intruders from harming the body. An antibody test is a screening for the presence of antibodies in the blood. The body makes antibodies when it fights infection, like COVID-19 or when patients get a vaccine, like a flu shot. That’s how immunity to a virus is built. These tests are also called serology tests.
Hoffmann La Roche, and Abbott Laboratories- Notable Market Players in Antibody Testing Market
Market leaders operating in the market have undertaken various organic growth strategies in the antibody testing Market. The antibody testing market majorly consists of the players including Thermo Fisher Scientific, Abbott Laboratories, Bio-Rad Laboratories, Inc, Beckton, Dickinson And Company, F. Hoffmann La Roche, Agilent Technologies, Diasorin, Zeus Scientific, Abcam, Trinity Biotech and among others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreover, the companies have utilized inorganic strategies including mergers & acquisitions, partnership, and collaborations.
Below is the list of the growth strategies done by the players operating in the antibody testing market:
| Year | News |
| August 2020 | Trinity Biotech, a developer and manufacturer of diagnostic products, has received the US FDA for an Emergency Use Authorization (EUA) for its Covid-19 IgG ELISA antibody test. |
| Oct-2020 | Thermo Fisher Scientific has received CE marking for its EliA SARS CoV 2 Sp1 IgG test and its OmniPath COVID 19 Total Antibody ELISA Test for SARS-CoV-2. |
| Apr-2020 | Abbott has launched a serology test to detect the IgG antibody to SARS CoV 2. This new antibody test utilized Abbott’s ARCHITECT i1000SR and i2000SR laboratory instruments, which can run up to 100 to 200 tests per hour. |
