Market Research Logo

Global Rapid Diagnostics Market 2018-2022

Global Rapid Diagnostics Market 2018-2022

About Rapid Diagnostics

Rapid diagnostic products are used for preliminary and emergency medical screening. These products are developed for medical facilities with low skilled resources.

Technavio’s analysts forecast the global rapid diagnostics market to grow at a CAGR of 7.56% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global rapid diagnostics market for 2018-2022. To calculate the market size, the report considers the revenue generated from the rapid diagnostics.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA


Technavio's report, Global Rapid Diagnostics Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Abbott
  • BD
  • bioMérieux
  • Danaher
  • F. Hoffmann-La Roche
  • Siemens Healthcare
Market driver
  • Increasing incidence of chronic and infectious diseases
  • For a full, detailed list, view our report
Market challenge
  • High cost of rapid diagnostic products
  • For a full, detailed list, view our report
Market trend
  • Growing presence of OEMs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Rapid Diagnostics Market 2018-2022

Technavio recognizes the following companies as the key players in the global rapid diagnostics market: Abbott, BD, bioMérieux, Danaher, F. Hoffmann -La Roche, and Siemens Healthcare.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing presence of OEMs. The OEM provides equipment's to the manufacturers that develop, distribute, and sell the final furnished goods. Generally, OEM develops certain components of the products however, sometimes the OEM may manufacture complete device. The OEMs are working with contract manufacturing organizations (CMOs) due to increasing number of combination products such as drug delivery and smart devices. There is growing focus towards forward integration by the OMEs involved in providing diagnostics components.”

According to the report, one of the major drivers for this market is Increasing incidence of chronic and infectious diseases. Various chronic diseases such as heart diseases, diabetes, stroke, cancers, obesity, and kidney diseases are increasing across the globe which resulted in the greater demand for diagnostic procedures like rapid diagnostics and technologically advanced treatment options. These chronic diseases can be easily diagnosed using point of care (POC) products. According to CDC in 2012, approximately 117 million individuals in the US had one or more chronic health conditions and one in four adults in the US suffer from two or more chronic diseases.

Further, the report states that one of the major factors hindering the growth of this market is High cost of rapid diagnostic products. The rapid diagnostics products such as analyzers, assays and frequent usage of the consumables and reagents are associated with higher costs which are incurred by the end user such as hospitals, clinics, diagnostics laboratories. Moreover, POC diagnostics test products have faster turnaround time (TAT) which leads to high cost however, the testing products other than POC cost are comparatively lower. In 2013, NIH conducted comparison study between cost of rapid molecular tests and conventional diagnostics for the detection of tuberculosis in South Africa.

Companies Mentioned

Abbott, BD, bioMérieux, Danaher, F. Hoffmann -La Roche, and Siemens Healthcare.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global IVD market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global rapid diagnostics market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global rapid diagnostics market size and forecast 2017-2022 ($ mn)
      • Table Global rapid diagnostics market - Year over year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Blood glucose testing- Market size and forecast 2017-2022
      • Table Blood glucose testing by rapid diagnostics- Market size and forecast 2017-2022 ($ mn)
      • Table Blood glucose testing by rapid diagnostics - Year over year growth 2018-2022 (%)
    • Cardiometabolic testing - Market size and forecast 2017-2022
      • Table Cardiometabolic testing by rapid diagnostics - Market size and forecast 2017-2022 ($ mn)
      • Table Cardiometabolic testing by rapid diagnostics - Year over year growth 2018-2022 (%)
    • Infectious disease testing - Market size and forecast 2017-2022
      • Table Infectious disease testing by rapid diagnostics - Market size and forecast 2017-2022 ($ mn)
      • Table Infectious disease testing by rapid diagnostics - Year over year growth 2018-2022 (%)
    • Pregnancy and fertility testing - Market size and forecast 2017-2022
      • Table Pregnancy and fertility testing by rapid diagnostics - Market size and forecast 2017- 2022 ($ mn)
      • Table Pregnancy and fertility testing by rapid diagnostics - Year over year growth 2018-2022 (%)
    • Fecal occult testing - Market size and forecast 2017-2022
      • Table Fecal occult testing by rapid diagnostics- Market size and forecast 2017-2022 ($ mn)
      • Table Fecal occult testing by rapid diagnostics - Year over year growth 2018-2022 (%)
    • Toxicology testing - Market size and forecast 2017-2022
      • Table Toxicology testing by rapid diagnostics - Market size and forecast 2017-2022 ($ mn)
      • Table Toxicology testing by rapid diagnostics - Year over year growth 2018-2022 (%)
    • Coagulation testing - Market size and forecast 2017-2022
      • Table Coagulation testing by rapid diagnostics- Market size and forecast 2017-2022 ($ mn)
      • Table Toxicology testing by rapid diagnostics - Year over year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Global rapid diagnostics market by end-user - Market share 2017 (%)
    • Hospitals and clinics
    • Clinical diagnostic laboratories
    • Home care settings
  • Regional landscape
    • Geographical segmentation
      • Table Global rapid diagnostics market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Rapid diagnostics market in Americas
      • Table Rapid diagnostics market in the Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Rapid diagnostics market in the Americas - Year over year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Rapid diagnostics market in EMEA
      • Table Rapid diagnostics market in EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table Rapid diagnostics market in EMEA - Year over year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Rapid diagnostics market in APAC
      • Table Rapid diagnostics market in APAC - Market size and forecast 2017-2022 ($ mn)
      • Table Rapid diagnostics market in APAC - Year over year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing presence of OEMs
    • Use of digital health in rapid diagnostics for POC
    • Increasing number of M&A
      • Table Market impact analysis of M&A
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Abbott
      • Table Abbott overview
      • Table Abbott: Business segments
      • Table Abbott: Organizational developments
      • Table Abbott: Geographic focus
      • Table Abbott: Segment focus
      • Table Abbott: Key offerings
      • Table Abbott: Key customers
    • BD
      • Table BD overview
      • Table BD - Business segments
      • Table BD - Organizational developments
      • Table BD - Geographic focus
      • Table BD - Segment focus
      • Table BD - Key offerings
      • Table BD - Key customers
    • bioMérieux
      • Table bioMérieux: Overview
      • Table bioMérieux: Business segments
      • Table bioMérieux: Organizational developments
      • Table bioMérieux: Geographic focus
      • Table bioMérieux: Segment focus
      • Table bioMérieux: Key offerings
      • Table bioMérieux: Key customers
    • Danaher
      • Table Danaher: Overview
      • Table Danaher: Business segments
      • Table Danaher: Organizational developments
      • Table Danaher: Geographic focus
      • Table Danaher: Segment focus
      • Table Danaher: Key offerings
      • Table Danaher: Key customers
    • F. Hoffmann-La Roche
      • Table F. Hoffmann-La Roche overview
      • Table F. Hoffmann-La Roche: Business segments
      • Table F. Hoffmann-La Roche: Organizational developments
      • Table F. Hoffmann-La Roche: Geographic focus
      • Table F. Hoffmann-La Roche: Segment focus
      • Table F. Hoffmann-La Roche: Key offerings
      • Table F. Hoffmann-La Roche: Key customers
    • Siemens Healthcare
      • Table Siemens Healthcare: Overview
      • Table Siemens Healthcare: Business segments
      • Table Siemens Healthcare: Organizational developments
      • Table Siemens Healthcare: Geographic focus
      • Table Siemens Healthcare: Segment focus
      • Table Siemens Healthcare: Key offerings
      • Table Siemens Healthcare: Key customers
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report