The Infectious Disease Rapid Diagnostic Testing Market research report is a comprehensive and vital document that includes business strategies, qualitative and quantitative analysis, and emerging trends in the global Infectious Disease Rapid Diagnostic Testing Market. The report provides in-depth research and analysis of the key elements of the global Infectious Disease Rapid Diagnostic Testing Market. This report was created by the research analysts after conducting extensive primary and secondary research and analysing the drivers, restraints, challenges, trends, and opportunities in the Infectious Disease Rapid Diagnostic Testing Market.
The global infectious disease rapid diagnostic testing market size is expected to reach USD 51.01 Billion in 2030 and register a revenue CAGR of 7.0% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of infectious diseases and emergence of COVID-19 are some key factors driving market revenue growth. Prevalence of infectious diseases has been rising, in both developed and developing countries, and resulting in steady demand for infectious disease rapid diagnostic testing. Following the pandemic, the need to identify and monitor infectious diseases has been placed on significantly high importance and has driven major increase in demand for testing kits. Moreover, rising preference for preventive care is expected to increase need for infectious disease diagnostics over the forecast period. Large-scale population-based testing is necessary to strengthen COVID-19 preventive and control efforts and measures, which is expected to continue to drive increased demand for infectious disease diagnostic products in future.
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Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Infectious Disease Rapid Diagnostic Testing market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Infectious Disease Rapid Diagnostic Testing market and pinpoint the fundamental growth trends.
The leading market contenders listed in the report are:
Abbott Laboratories, Danaher Corporation, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Corporation, BioMérieux SA, BD (Becton, Dickinson, and Company), Siemens Healthineers AG, PerkinElmer Inc., Bio-Rad Laboratories, Inc., and Sysmex Corporation
Global Infectious Disease Rapid Diagnostic Testing Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- RD Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales distribution channels
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Some Key Highlights From the Report
- Reagents kits segment revenue is expected to register a steady growth rate during the forecast period due to rising demand for kits and reagents in research and clinical settings. Ongoing COVID-19 infections in some countries is also driving use of reagents and kits.
- Polymerize Chain Reaction (PCR) segment accounted for a significantly large revenue share in 2021 owing to increasing use of PCR in molecular diagnostics as well as use of Reverse Transcription–Polymerase Chain Reaction (RT-PCR) in the COVID-19 test. Automation of PCR equipment and introduction of advanced technologies such as qRT-PCR are expected to drive revenue growth of this segment.
- Market in Asia Pacific is expected to register a considerably rapid revenue growth rate in the global infectious disease rapid diagnostic testing market over the forecast period due to increasing research development activities in the healthcare industry in China and Japan. Moreover, high prevalence of chronic diseases, coupled with government initiatives to support diagnosis of infectious diseases, are key factors driving revenue growth of the market in the region.
Market Overview:
The report bifurcates the Infectious Disease Rapid Diagnostic Testing market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Product Service Outlook (Revenue, USD Billion; 2019–2030)
- Reagent Kits
- Instruments
- Data Management Software
- Service
- Technology Outlook (Revenue, USD Billion; 2019–2030)
- Immunoassay
- Enzyme-linked Immunosorbent Assay (ELISA)
- Enzyme-linked Immunospot Assay (ELISpot)
- Polymerize Chain Reaction (PCR)
- Isothermal Nucleic Acid Amplification Technology (INAAT)
- DNA Microarray
- Clinical Microbiology
- Other Technologies
- Disease Outlook (Revenue, USD Billion; 2019–2030)
- Hepatitis
- Influenza
- HIV/AIDS
- HPV
- CT/NG
- Tuberculosis
- HAIs
- Covid-19
- Others
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Key reasons to buy the Global Infectious Disease Rapid Diagnostic Testing Market report:
- The latest report comprehensively studies the global Infectious Disease Rapid Diagnostic Testing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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