Rapid Diagnostic Tests (RDT) Market Size, Share, Growth, Trends, Demand and Opportunity Analysis 2029

Rapid Diagnostic Tests (RDT) Market Report is generated in such a way that it works toward making the reports easier to read, and easier for managers to absorb the information they need to make decisions. The market data and information is made more accessible to the clients with the help of this report. The marketing report has actionable research and is also educational and entertaining. The varied and in-depth market report helps businesses get a data-focused perspective on the topics shaping industries and geographic areas.
Global Rapid Diagnostic Tests (RDT) Market, By Product Type (Consumables and Kits, Instruments and Others), Mode (Professional Rapid Diagnostic Test Product and Over-The-Counter [OTC] Rapid Diagnostic Test Product), Technology (PCR-Based, Flow-Through Assays, Lateral Flow Immunochromatographic Assays, Agglutination Assay, Microfluidics, Substrate Technology and Others), Modality (Laboratory Based Test and Non-Laboratory Based Test), Age Group (Adult and Pediatric), Test Type (Determining Confirmation, Serological Testing and Viral Sequencing), Approach (In-Vitro Diagnostic, Molecular Diagnostic), Specimen (Swab, Blood, Urine, Saliva, Sputum and Others), Application (Infectious Disease Testing, Glucose Monitoring, Cardiology Testing, Oncology Testing, Cardiometabolic Testing, Drugs-of-Abuse Testing, Pregnancy & Fertility Testing, Toxicology Testing, Others), End User (Hospital & Clinic, Diagnostic Laboratory, Home Care Setting, Research and Academic Institutes and Others), Distribution Channel (Direct Tender, Retail Sales, Others), Country (U.S., Canada, and Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and the Rest of Europe, China, Japan, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific, South Africa, Nigeria, Ethiopia and Rest of Africa) – Industry Trends and Forecast to 2029
The global rapid diagnostic tests (RDT) market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 9.3% in the forecast period of 2022 to 2029 and is expected to reach USD 74,674.92 million by 2029 from USD 38,363.51 million in 2021. The rise in incidence in chronic diseases and technological advancements in rapid diagnostic tests are likely to be the major drivers which propel the demand of the market in the forecast period.
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The rapid diagnostic tests, also called rapid tests, are easy-to-use tests that offer quick results, usually in less than 20 minutes. Unlike other standard and conventional tests, where the diagnosis and sampling are sent to the laboratory, the results obtained from rapid diagnostic test kits are provided at the point of care. The point of care is a place where the patients get cured. The point of care can be a provider's office, a clinic, or a patient's own house.
Market Players Covered:
Some of the major companies in the global rapid diagnostic tests (RDT) market are Abbott, Danaher, Cellex, AdvaCare Pharma, Access Bio, Cardinal Health, Bio-Rad Laboratories, Inc., BD, F. Hoffmann-La Roche Ltd, bioMérieux SA, InBios International, Inc., Gnomegen LLC, QIAGEN, Quidel Corporation, Chembio Diagnostics Systems, Inc., Siemens Healthcare Gmbh (A Subsidiary Siemens Healthineers AG), PerkinElmer Inc., Sekisui Diagnostics, Fujirebio (A Subsidiary of H.U. Group), PTS Diagnostics, LamdaGen Corporation, Werfen, Nova Biomedical, Trinity Biotech, Sysmex Europe GmbH (A Subsidiary of Sysmex Corporation), Luminex Corporation. A DiaSorin Company, MEGAKOR DIAGNOSTK GMBH, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Rapid Diagnostic Tests (RDT) Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Rapid Diagnostic Tests (RDT) Market.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Countries Studied:
- North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Objectives of the Report
- To carefully analyze and forecast the size of the Rapid Diagnostic Tests (RDT) market by value and volume.
- To estimate the market shares of major segments of the Rapid Diagnostic Tests (RDT)
- To showcase the development of the Rapid Diagnostic Tests (RDT) market in different parts of the world.
- To analyze and study micro-markets in terms of their contributions to the Rapid Diagnostic Tests (RDT) market, their prospects, and individual growth trends.
- To offer precise and useful details about factors affecting the growth of the Rapid Diagnostic Tests (RDT)
- To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Rapid Diagnostic Tests (RDT) market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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