Global Rapid Medical Diagnostics Market Growth (Status and Outlook) 2025-2031

According to this study, the global Rapid Medical Diagnostics market size will reach US$ million by 2031.

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

LPI (LP Information)' newest research report, the “Rapid Medical Diagnostics Industry Forecast” looks at past sales and reviews total world Rapid Medical Diagnostics sales in 2024, providing a comprehensive analysis by region and market sector of projected Rapid Medical Diagnostics sales for 2025 through 2031. With Rapid Medical Diagnostics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rapid Medical Diagnostics industry.

This Insight Report provides a comprehensive analysis of the global Rapid Medical Diagnostics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Rapid Medical Diagnostics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rapid Medical Diagnostics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rapid Medical Diagnostics and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rapid Medical Diagnostics.

This report presents a comprehensive overview, market shares, and growth opportunities of Rapid Medical Diagnostics market by product type, application, key players and key regions and countries.

Segmentation by Type:
Lateral Flow Immunoassays
Agglutination Assays
Flow-Through Immunoassays
Solid-Phase Assays (Dipsticks)
Microfluidic Chips

Segmentation by Application:
Infectious Diseases
Toxicology
Gastrointestinal
Cardiac disorders
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abbot Laboratories
Bio-Rad Laboratories
AccessBio Inc.
AccuBioTech Co. Ltd.
Quidel Corporation
Meridian Bioscience Inc.
OraSure Technologies Inc.
Thermo Fisher Scientific Inc.
BD
Trinity Biotech

Please note: The report will take approximately 2 business days to prepare and deliver. Show more