United States

Rapid Diagnostics Market to cross USD 79 billion by 2032, says Global Market Insights Inc.

Rapid diagnostics industry is projected to witness a steady growth with a CAGR of 7.6% during the forecast period of 2023 to 2032 driven by rising awareness regarding early diagnosis among people.

Selbyville, Delaware, June 27, 2023 (GLOBE NEWSWIRE) —

Rapid Diagnostics

Rapid Diagnostics Market Players

Abbott, Roche, Danaher Corporation (HemoCue & Radiometer), Quidel Corporation, Bio-Rad Laboratories, ACON Laboratories Inc., and Alfa Scientific Designs Inc. are some of the major players operating in the rapid diagnostics industry.

Rapid Diagnostics Market News

  • July 2021, Abbott introduced a new test for the detection of SARS-CoV-2 virus in symptomatic and asymptomatic children and adults. This self-test, dubbed Panbio COVID-19 Antigen Self-Test, was designed to provide faster results within 15 minutes. Through this strategy, the company was able to expand its rapid diagnostics product portfolio and enhance its revenue generation.

Partial Table of Contents (ToC) of the report:

Chapter 3   Rapid Diagnostics Industry Insights

3.1    Industry ecosystem analysis

3.2    Industry impact forces

3.2.1    Growth drivers

.3.2.1.1.    Increasing prevalence of infectious disease

3.2.1.2   Technological advancements

3.2.1.3   Increasing popularity of rapid diagnostic tests

3.2.1.4   Rising awareness regarding early diagnosis among People

3.2.1.5   Increasing government initiatives for the diagnosis of infectious diseases

3.2.2    Industry pitfalls & challenges

3.2.2.1   Low accuracy of results

3.2.2.2   Availability of substitute product

3.2.2.3   Stringent regulatory framework

3.3    Growth potential analysis

3.3.1    By product

3.3.2    By purchase

3.3.3    By technology/platform

3.3.4    By distribution channel

3.3.5    By end-use

3.4    COVID-19 impact analysis

3.5    Technology landscape

3.6    Future market trends

3.7    Gap analysis

3.8    Regulatory landscape

3.8.1    U.S.

3.8.2    Europe

3.9    Reimbursement scenario

3.10    Porter’s analysis

3.11    PESTEL analysis

Chapter 4   Competitive Landscape, 2021

4.1    Introduction

4.2    Company matrix analysis, 2022

4.3    Company market share analysis, 2022

4.4    Competitive analysis of major market players

4.5    Competitive positioning matrix

4.6    Strategy dashboard, 2022

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About Global Market Insights

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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Global Market Insights Inc.
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