Global Rapid Medical Diagnostic Kits Market is accounted for $20.96 billion in 2020 and is expected to reach $29.81 billion by 2028 growing at a CAGR of 4.5% during the forecast period. Rise in prevalence of the chronic diseases, growing number of government initiatives, and increasing awareness about rapid diagnostic test kits for fast & easy diagnosis are the major factors propelling the market growth.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the presence of large base of patients with unmet medical needs in emerging economies, such as India and China. This factor is expected to help the Asia-Pacific rapid medical diagnostic kits market grow at the fastest rate in near future. The increasing number of local manufacturers of RDT kits and the rising disease prevalence are propelling the need for rapid diagnostics, in turn, boosting the market growth over the forecast period.
Some of the key players profiled in the Rapid Medical Diagnostic Kits Market include ACON Laboratories, Inc., Abbott Laboratories, Artron Laboratories Inc., Alfa Scientific Designs, Inc., Becton, Dickinson and Company, BTNX, Inc., bioMérieux SA, Cardinal Health, Bio-Rad Laboratories, Inc., Danaher Corporation, Creative Diagnostics, Meridian Bioscience, Inc., F. Hoffmann-La Roche AG, McKesson Medical-Surgical, Inc., Sight Diagnostics Ltd., Trinity , Biotech, and Zoetis.
Products Covered in Rapid Medical Diagnostic Kits Market
• Over the Counter (OTC) Kits
• Professional Kits
• Flow Through
• Lateral Flow
• Solid Phase
• Blood Glucose Testing
• Cardiometabolic Testing
• Cholesterol Monitoring
• Coagulation Testing
• Fecal Occult Blood Testing
• Infectious Disease Testing
• Lipid Profile Testing
• Pregnancy and Fertility Testing
• Substance Abuse Testing
• Toxicology Testing
End Users Covered:
• Diagnostic Laboratories
• Home Care
• Hospitals & Clinics
• Veterinary Testing
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