Infectious Disease Rapid Diagnostic Testing Market Dynamics and Key Players' Strategies for Sustained Growth

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Increasing prevalence of infectious diseases and COVID-19 pandemic and need for more efficient and rapid diagnostics are some key factors driving market revenue growth

The global infectious disease rapid diagnostic testing market size is expected to reach USD 51.01 Billion in 2030 and register a revenue CAGR of 7.0% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of infectious diseases and emergence of COVID-19 are some key factors driving market revenue growth. Prevalence of infectious diseases has been rising, in both developed and developing countries, and resulting in steady demand for infectious disease rapid diagnostic testing. Following the pandemic, the need to identify and monitor infectious diseases has been placed on significantly high importance and has driven major increase in demand for testing kits. Moreover, rising preference for preventive care is expected to increase need for infectious disease diagnostics over the forecast period. Large-scale population-based testing is necessary to strengthen COVID-19 preventive and control efforts and measures, which is expected to continue to drive increased demand for infectious disease diagnostic products in future.

The report is formulated with the updated and latest information of the global Infectious Disease Rapid Diagnostic Testing market further validated and verified by the industry experts and professionals. The Global Infectious Disease Rapid Diagnostic Testing Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Infectious Disease Rapid Diagnostic Testing market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

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Competitive Terrain:

The global Infectious Disease Rapid Diagnostic Testing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Abbott Laboratories, Danaher Corporation, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Corporation, BioMérieux SA, BD (Becton, Dickinson, and Company), Siemens Healthineers AG, PerkinElmer Inc., Bio-Rad Laboratories, Inc., and Sysmex Corporation

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Infectious Disease Rapid Diagnostic Testing market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Infectious Disease Rapid Diagnostic Testing market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Infectious Disease Rapid Diagnostic Testing market.

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Market Segmentations of the Infectious Disease Rapid Diagnostic Testing Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Infectious Disease Rapid Diagnostic Testing market on the basis of product, application, and region:

Segments Covered in this report are:

  • Product & Service Outlook (Revenue, USD Billion; 2019–2030)

    • Reagent & Kits
    • Instruments
    • Data Management Software
    • Service
  • Technology Outlook (Revenue, USD Billion; 2019–2030)

    • Immunoassay
      1. Enzyme-linked Immunosorbent Assay (ELISA)
      2. Enzyme-linked Immunospot Assay (ELISpot)
    • Polymerize Chain Reaction (PCR)
    • Isothermal Nucleic Acid Amplification Technology (INAAT)
    • DNA Microarray
    • Clinical Microbiology
    • Other Technologies
  • Disease Outlook (Revenue, USD Billion; 2019–2030)

    • Hepatitis
    • Influenza
    • HIV/AIDS
    • HPV
    • CT/NG
    • Tuberculosis
    • HAIs
    • Covid-19
    • Others

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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