The global Rapid Tests market size was valued at USD 10820 million in 2023 and is forecast to a readjusted size of USD 14440 million by 2030 with a CAGR of 4.2% during review period.
Rapid tests are often referred to as point-of-care tests because rather than sending a blood sample to a laboratory, the test can be conducted and the result read in a doctor鈥檚 office or a community setting, without specialised laboratory equipment. The sample taken is usually either finger-prick blood or saliva.
For people taking a test, the defining feature is that the result can usually be given within 20 or 30 minutes, which is often more convenient and can mean that many more people actually receive their test results.
Factors such as increase in awareness regarding early diagnosis of disease, prevalence of infectious diseases, and the need for low-cost diagnostic testing coupled with diagnosis accuracy are expected to boost the growth of the rapid tests market during the forecast period. In addition, growth in personalized care and increase in promotional activities by manufacturers encourage the use of rapid tests, thereby propelling the growth of the market.
This report includes an overview of the development of the Rapid Tests industry chain, the market status of Infectious Disease (Over-the-counter (OTC) Rapid Test Product, Professional Rapid Test Product), Cardiology (Over-the-counter (OTC) Rapid Test Product, Professional Rapid Test Product), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Rapid Tests.
Regionally, the report analyzes the Rapid Tests markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Rapid Tests market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Rapid Tests market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Rapid Tests industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Over-the-counter (OTC) Rapid Test Product, Professional Rapid Test Product).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Rapid Tests market.
Regional Analysis: The report involves examining the Rapid Tests market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Rapid Tests market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Rapid Tests:
Company Analysis: Report covers individual Rapid Tests players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Rapid Tests This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Infectious Disease, Cardiology).
Technology Analysis: Report covers specific technologies relevant to Rapid Tests. It assesses the current state, advancements, and potential future developments in Rapid Tests areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Rapid Tests market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Rapid Tests market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Over-the-counter (OTC) Rapid Test Product
Professional Rapid Test Product
Market segment by Application
Infectious Disease
Cardiology
Oncology
Pregnancy and Fertility
Toxicology
Glucose Monitoring
Others
Market segment by players, this report covers
Akers Biosciences, Inc.
Abbott
Becton, Dickinson and Company
Bio-rad Laboratories, Inc.
Cepheid, Inc.
Hologic, Inc.
Meridian Bioscience, Inc.
OraSure Technologies, Inc.
Quidel Corporation
Roche Diagnostics
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Rapid Tests product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Rapid Tests, with revenue, gross margin and global market share of Rapid Tests from 2019 to 2024.
Chapter 3, the Rapid Tests competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Rapid Tests market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Rapid Tests.
Chapter 13, to describe Rapid Tests research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Rapid Tests
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Rapid Tests by Type
1.3.1 Overview: Global Rapid Tests Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Rapid Tests Consumption Value Market Share by Type in 2023
1.3.3 Over-the-counter (OTC) Rapid Test Product
1.3.4 Professional Rapid Test Product
1.4 Global Rapid Tests Market by Application
1.4.1 Overview: Global Rapid Tests Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Infectious Disease
1.4.3 Cardiology
1.4.4 Oncology
1.4.5 Pregnancy and Fertility
1.4.6 Toxicology
1.4.7 Glucose Monitoring
1.4.8 Others
1.5 Global Rapid Tests Market Size & Forecast
1.6 Global Rapid Tests Market Size and Forecast by Region
1.6.1 Global Rapid Tests Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Rapid Tests Market Size by Region, (2019-2030)
1.6.3 North America Rapid Tests Market Size and Prospect (2019-2030)
1.6.4 Europe Rapid Tests Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Rapid Tests Market Size and Prospect (2019-2030)
1.6.6 South America Rapid Tests Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Rapid Tests Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 Akers Biosciences, Inc.
2.1.1 Akers Biosciences, Inc. Details
2.1.2 Akers Biosciences, Inc. Major Business
2.1.3 Akers Biosciences, Inc. Rapid Tests Product and Solutions
2.1.4 Akers Biosciences, Inc. Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Akers Biosciences, Inc. Recent Developments and Future Plans
2.2 Abbott
2.2.1 Abbott Details
2.2.2 Abbott Major Business
2.2.3 Abbott Rapid Tests Product and Solutions
2.2.4 Abbott Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Abbott Recent Developments and Future Plans
2.3 Becton, Dickinson and Company
2.3.1 Becton, Dickinson and Company Details
2.3.2 Becton, Dickinson and Company Major Business
2.3.3 Becton, Dickinson and Company Rapid Tests Product and Solutions
2.3.4 Becton, Dickinson and Company Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Becton, Dickinson and Company Recent Developments and Future Plans
2.4 Bio-rad Laboratories, Inc.
2.4.1 Bio-rad Laboratories, Inc. Details
2.4.2 Bio-rad Laboratories, Inc. Major Business
2.4.3 Bio-rad Laboratories, Inc. Rapid Tests Product and Solutions
2.4.4 Bio-rad Laboratories, Inc. Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Bio-rad Laboratories, Inc. Recent Developments and Future Plans
2.5 Cepheid, Inc.
2.5.1 Cepheid, Inc. Details
2.5.2 Cepheid, Inc. Major Business
2.5.3 Cepheid, Inc. Rapid Tests Product and Solutions
2.5.4 Cepheid, Inc. Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Cepheid, Inc. Recent Developments and Future Plans
2.6 Hologic, Inc.
2.6.1 Hologic, Inc. Details
2.6.2 Hologic, Inc. Major Business
2.6.3 Hologic, Inc. Rapid Tests Product and Solutions
2.6.4 Hologic, Inc. Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Hologic, Inc. Recent Developments and Future Plans
2.7 Meridian Bioscience, Inc.
2.7.1 Meridian Bioscience, Inc. Details
2.7.2 Meridian Bioscience, Inc. Major Business
2.7.3 Meridian Bioscience, Inc. Rapid Tests Product and Solutions
2.7.4 Meridian Bioscience, Inc. Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Meridian Bioscience, Inc. Recent Developments and Future Plans
2.8 OraSure Technologies, Inc.
2.8.1 OraSure Technologies, Inc. Details
2.8.2 OraSure Technologies, Inc. Major Business
2.8.3 OraSure Technologies, Inc. Rapid Tests Product and Solutions
2.8.4 OraSure Technologies, Inc. Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 OraSure Technologies, Inc. Recent Developments and Future Plans
2.9 Quidel Corporation
2.9.1 Quidel Corporation Details
2.9.2 Quidel Corporation Major Business
2.9.3 Quidel Corporation Rapid Tests Product and Solutions
2.9.4 Quidel Corporation Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Quidel Corporation Recent Developments and Future Plans
2.10 Roche Diagnostics
2.10.1 Roche Diagnostics Details
2.10.2 Roche Diagnostics Major Business
2.10.3 Roche Diagnostics Rapid Tests Product and Solutions
2.10.4 Roche Diagnostics Rapid Tests Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Roche Diagnostics Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Rapid Tests Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Rapid Tests by Company Revenue
3.2.2 Top 3 Rapid Tests Players Market Share in 2023
3.2.3 Top 6 Rapid Tests Players Market Share in 2023
3.3 Rapid Tests Market: Overall Company Footprint Analysis
3.3.1 Rapid Tests Market: Region Footprint
3.3.2 Rapid Tests Market: Company Product Type Footprint
3.3.3 Rapid Tests Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Rapid Tests Consumption Value and Market Share by Type (2019-2024)
4.2 Global Rapid Tests Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Rapid Tests Consumption Value Market Share by Application (2019-2024)
5.2 Global Rapid Tests Market Forecast by Application (2025-2030)
6 North America
6.1 North America Rapid Tests Consumption Value by Type (2019-2030)
6.2 North America Rapid Tests Consumption Value by Application (2019-2030)
6.3 North America Rapid Tests Market Size by Country
6.3.1 North America Rapid Tests Consumption Value by Country (2019-2030)
6.3.2 United States Rapid Tests Market Size and Forecast (2019-2030)
6.3.3 Canada Rapid Tests Market Size and Forecast (2019-2030)
6.3.4 Mexico Rapid Tests Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Rapid Tests Consumption Value by Type (2019-2030)
7.2 Europe Rapid Tests Consumption Value by Application (2019-2030)
7.3 Europe Rapid Tests Market Size by Country
7.3.1 Europe Rapid Tests Consumption Value by Country (2019-2030)
7.3.2 Germany Rapid Tests Market Size and Forecast (2019-2030)
7.3.3 France Rapid Tests Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Rapid Tests Market Size and Forecast (2019-2030)
7.3.5 Russia Rapid Tests Market Size and Forecast (2019-2030)
7.3.6 Italy Rapid Tests Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Rapid Tests Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Rapid Tests Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Rapid Tests Market Size by Region
8.3.1 Asia-Pacific Rapid Tests Consumption Value by Region (2019-2030)
8.3.2 China Rapid Tests Market Size and Forecast (2019-2030)
8.3.3 Japan Rapid Tests Market Size and Forecast (2019-2030)
8.3.4 South Korea Rapid Tests Market Size and Forecast (2019-2030)
8.3.5 India Rapid Tests Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Rapid Tests Market Size and Forecast (2019-2030)
8.3.7 Australia Rapid Tests Market Size and Forecast (2019-2030)
9 South America
9.1 South America Rapid Tests Consumption Value by Type (2019-2030)
9.2 South America Rapid Tests Consumption Value by Application (2019-2030)
9.3 South America Rapid Tests Market Size by Country
9.3.1 South America Rapid Tests Consumption Value by Country (2019-2030)
9.3.2 Brazil Rapid Tests Market Size and Forecast (2019-2030)
9.3.3 Argentina Rapid Tests Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Rapid Tests Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Rapid Tests Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Rapid Tests Market Size by Country
10.3.1 Middle East & Africa Rapid Tests Consumption Value by Country (2019-2030)
10.3.2 Turkey Rapid Tests Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Rapid Tests Market Size and Forecast (2019-2030)
10.3.4 UAE Rapid Tests Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Rapid Tests Market Drivers
11.2 Rapid Tests Market Restraints
11.3 Rapid Tests Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Rapid Tests Industry Chain
12.2 Rapid Tests Upstream Analysis
12.3 Rapid Tests Midstream Analysis
12.4 Rapid Tests Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Akers Biosciences, Inc.
Abbott
Becton, Dickinson and Company
Bio-rad Laboratories, Inc.
Cepheid, Inc.
Hologic, Inc.
Meridian Bioscience, Inc.
OraSure Technologies, Inc.
Quidel Corporation
Roche Diagnostics
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