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Rapid Diagnostics Market by Product (Glucose, Infectious Disease (Hepatitis C, Influenza), Coagulation), Platform (Microfluidics, Immunoassay), Mode of Purchase (Prescription, OTC), Enduser (Hospital, e-comm, Home Care), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Rapid Diagnostics Market Overview

The Rapid Diagnostics market size is projected to reach a CAGR of 11.6% from 2022 to 2028.

Rapid Diagnostics are the medical techniques which are used for the diagnosis and the detection of the disease but are way to perform and are quick. These techniques play major role in the situation wherein the preliminary or the emergency situation similar to the ongoing pandemic. These test kits tend to provide the results in either 20 minutes or the same day.

The technological advancements in the sector along with the surge in the incidents of the infectious disease are some of the factors that have supported long-term expansion for Rapid Diagnostics Market.

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COVID-19 had a positive effect on the market, as because the global demand has increased to various folds and also the shortage of lab-based testing facilities the demand for rapid diagnostics was increased.

Rapid Diagnostics Market Regional Analysis

North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the incidents of lifestyle disorder becoming popular in the region and also the presence of the key players in the region.

Rapid Diagnostics Market Competitive Landscape

Key Players

  • Roche Diagnostics
  • Siemens Healthineers
  • Danaher Corporation
  • Becton Dickinson and Company
  • Abbott Laboratories
  • Quidel Diagnostics
  • Chembio Diagnostics
  • EKF Diagnostics
  • Trinity Biotech
  • Fluxergy

Rapid Diagnostics Market Recent Developments

  • In June 2019, FDA gave the approval to Roche diagnostics for VENTANA PD-L1 (SP142) Assay.

Reasons to Acquire in the Rapid Diagnostics Market

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Rapid Diagnostics Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Frequently Asked Questions

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