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Rapid Testing Kits Market Analysis

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Report ID: 2687
Published Date: Oct 16, 2024
Report Format: PDF, PPT

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Rapid Testing Kits Market Analysis

The rapid tests market is segmented by product type, application, end-user, and region. The global need for antibody testing kits to contain the COVID 19 pandemic has created significant growth opportunities in the global rapid testing market owing to soaring confirmed cases that are going beyond control and there is a major shortage of these test kits all across the globe. Many private companies have begun manufacturing rapid test kits to sustain the massive demand.

Our in-depth analysis of the global market includes the following segments:

By Product Type

Over-the-counter (OTC) Rapid Test Product
Professional Rapid Test Product

By Application

Infectious Disease
- HIV
- Hepatitis
- Influenza
- Malaria
- HPV
- Others
Oncology
Cardiology
Pregnancy & Fertility
Toxicology
Glucose Monitoring
Others

By End User

Hospital & Clinic
Diagnostic Laboratory
Home Care
Others

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Browse Key Market Insights with Data Illustration:

Rapid Tests Market Size & Share, by Product Type (Over-The-Counter (OTC) Rapid Test Product And Professional Rapid Test Product); Application (Infectious Disease (HIV, Influenza, Malaria, HPV, Hepatitis), Oncology, Cardiology, Toxicology, Glucose Monitoring, Pregnancy & Fertility); End User (Hospital & Clinic, Diagnostic Laboratory, Home Care) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

Author Credits: Radhika Pawar

Report ID: 2687
Published Date: Oct 16, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of rapid tests is evaluated at USD 1.51 billion.

Rapid Tests Market size was valued at USD 1.41 billion in 2023 and is set to exceed USD 4.07 billion by 2036, expanding at over 8.5% CAGR during the forecast period i.e., between 2024-2036.

North America industry is predicted to hold largest revenue share by 2036, on account of rising awareness amongst the patients, coupled with high per capita healthcare expenditure, and high widespread presence of target diseases.

The major players in the market are BioMedomics, Â Altona Diagnostics, Â Abbott Laboratories, Â BioMerieux, Â Roche Diagnostics, Â Meridian Bioscience, Â Cepheid, Â MyLab, Â Qiagen, Â AccuBioTech, and others.

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