Global Rapid Test Kit Market Size, Trends & Growth Opportunity, By Technology (Flow Through, Lateral Flow Assays, Agglutination, and Solid Phase), By Application (Glucose Monitoring, Cardio metabolic Testing, Infectious Diseases Testing, Drugs-of Abuse Testing, Fertility & Pregnancy Testing, and Others),By End User (Hospitals & Clinics, Diagnostic Laboratories, and Home Care Settings) By Region and Forecast till 2030.
Report ID : IR1001967 | Industries : Healthcare | Published On :June 2024 | Page Count : 231
Global Rapid Test Kit Market Size, Trends & Growth Opportunity, By Technology (Flow Through, Lateral Flow Assays, Agglutination, and Solid Phase), By Application (Glucose Monitoring, Cardio metabolic Testing, Infectious Diseases Testing, Drugs-of Abuse Testing, Fertility & Pregnancy Testing, and Others),By End User (Hospitals & Clinics, Diagnostic Laboratories, and Home Care Settings) By Region and Forecast till 2030.
Global Rapid Test Kit Market
The Global Rapid Test Kit Market was valued at USD 23.44 billion in 2022 and is expected to expand to USD 52.25 billion in 2030 at a CAGR of 9.31% during the forecast period 2023- 2030.
Market Overview
Rapid test kits are intended for use when preliminary screening test results are required, and they are especially beneficial in resource-constrained environments. They provide numerous advantages, including high quality and rapid and easy execution. They are appropriate for individuals or small groups of samples and require little or no additional equipment.
Market Drivers
The main element that is anticipated to fuel the expansion of the worldwide fast test kit market is the rise in the prevalence of several diseases, including infectious diseases, cardiovascular diseases, sexually transmitted diseases, and gastrointestinal diseases, among others. Additionally, the global spread of COVID 19 will have a beneficial effect on market expansion. Additionally, the rise in disorders brought on by a sedentary lifestyle will fuel market expansion during this projection period.
Market Restraints
However, high cost is the major restarting factor which is expected to hamper the global rapid test market growth. Also, unfavorable reimbursement policies will affect the market growth.
Market Segmentation
Global Rapid Test Kit Market is segmented into technology such as Flow Through, Lateral Flow Assays, Agglutination, and Solid Phase, by application such as Glucose Monitoring, Cardio metabolic Testing, Infectious Diseases Testing, Drugs-of Abuse Testing, Fertility & Pregnancy Testing, and Others. Further, market is segmented into end user such as Hospitals & Clinics, Diagnostic Laboratories, and Home Care Settings.
Also, Global Rapid Test Kit Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Abbott Laboratories, Becton, Dickinson And Company, Biomérieux, Bruker Corporation, Charles River Laboratories International, Inc., Danaher Corporation, Don Whitley Scientific Limited, Neogen Corporation, and Quidel Corporation.
Market Taxonomy
By Technology
• Flow Through
• Lateral Flow Assays
• Agglutination
• Solid Phase
By Application
• Glucose Monitoring
• Cardio metabolic Testing
• Infectious Diseases Testing
• Drugs-of Abuse Testing
• Fertility & Pregnancy Testing
• Others
By End User
• Hospitals & Clinics
• Diagnostic Laboratories
• Home Care Settings
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Rapid Test Kit Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
Global Rapid Test Kit Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Rapid Test Kit Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Rapid Test Kit Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Rapid Test Kit Market Share Analysis, By Technology
5.3 Global Rapid Test Kit Market Size and Forecast, By Technology
5.3.1 Flow Through
5.3.2 Lateral Flow Assays
5.3.3 Agglutination
5.3.4 Solid Phase
6 Global Rapid Test Kit Market , By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Rapid Test Kit Market Share Analysis, By Application
6.3 Global Rapid Test Kit Market Size and Forecast, By Application
6.3.1 Glucose Monitoring
6.3.2 Cardio Metabolic Testing
6.3.3Infectious Diseases Testing
6.3.4Drugs-of Abuse Testing
6.3.5Fertility & Pregnancy Testing
6.3.6 Others
7 Global Rapid Test Kit Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Rapid Test Kit Market Share Analysis, By End User
7.3 Global Rapid Test Kit Market Size and Forecast, By End User
7.3. 1 Hospitals & Clinics
7.3.2 Diagnostic Laboratories
7.3.3 Home Care Settings
8Global Rapid Test Kit Market, By Region
8.1 Global Rapid Test Kit Market Share Analysis, By Region
8.2 Global Rapid Test Kit Market Share Analysis, By Region
8.3 Global Rapid Test Kit Market Size and Forecast, By Region
9 North America Rapid Test Kit Market Analysis and Forecast (2023 – 2030)
9.1 Introduction
9.2 North America Rapid Test Kit Market Share Analysis, By Technology
9.3 North America Rapid Test Kit Market Size and Forecast, By Application
9.4 North America Rapid Test Kit Market Size and Forecast, By End User
9.5 North America Rapid Test Kit Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10Europe Rapid Test Kit Market Analysis and Forecast (2023 – 2030)
10.1 Introduction
10.2 Europe Rapid Test Kit Market Share Analysis, By Technology
10.3 Europe Rapid Test Kit Market Size and Forecast, By Application
10.4 Europe Rapid Test Kit Market Size and Forecast, By End User
10.5 Europe Rapid Test Kit Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Rapid Test Kit Market Analysis and Forecast (2023 – 2030)
11.1 Introduction
11.2 Asia Pacific Rapid Test Kit Market Share Analysis, By Technology
11.3 Asia Pacific Rapid Test Kit Market Size and Forecast, By Application
11.4 Asia Pacific Rapid Test Kit Market Size and Forecast, By End User
11.5 Asia Pacific Rapid Test Kit Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Rapid Test Kit Market Analysis and Forecast (2023 – 2030)
12.1 Introduction
12.2 Latin America Rapid Test Kit Market Share Analysis, By Technology
12.3 Latin America Rapid Test Kit Market Size and Forecast, By Application
12.4 Latin America Rapid Test Kit Market Size and Forecast, By End User
12.5 Latin America Rapid Test Kit Market Size and Forecast, Country
13Middle East Rapid Test Kit Market Analysis and Forecast (2023 – 2030)
13.1 Introduction
13.2 Middle East Rapid Test Kit Market Share Analysis, By Technology
13.3 Middle East Rapid Test Kit Market Size and Forecast, By Application
13.4 Middle East Rapid Test Kit Market Size and Forecast, By End User
13.5 Middle East Rapid Test Kit Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Abbott Laboratories
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Becton, Dickinson And Company
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Biomérieux
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Bruker Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Charles River Laboratories International, Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Atical Medical Pvt. Ltd
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Danaher Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Don Whitley Scientific Limited
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Neogen Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Quidel Corporation
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies