Infectious Disease Rapid Diagnostic Testing Market Is Highly Growing in Industry with Good Revenue by 2027
Infectious Disease Rapid Diagnostic Testing
Market Size – USD 1,480.0 Million in 2019, Market Growth - CAGR of 12.2%,
Market trends – Growth in funding for the testing product.
The advancement in technology has also encouraged the infectious
disease rapid diagnostic testing market growth. Investment in research and
development has helped in the development of effective diagnostic testing kits,
which have helped in the advancement in the market product. However, the lack
of proper reimbursement rates may result in lower access for patients to
testing, which hinders market growth.
The report gives a
comprehensive report offering beneficial data about the competitive landscape
of the Infectious Disease Rapid Diagnostic Testing market and covers key
details of the key companies along with their revenue contribution, financial
standing, profit margins, strategic alliances such as mergers and acquisitions,
and other key elements.
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Viral Infection is among
the most commonly witnessed Infection in primary care. HIV is a major global
health issue and has claimed 38 million people by the end of 2019. The surge in
this disease has created a dire need for the development of a rapid testing
kit.
The report comprises a
detailed analysis of the vital elements of the Infectious Disease Rapid
Diagnostic Testing market, including key drivers, constraints, opportunities,
limitations, threats, and micro- and macro-economic factors.
Key
participants include Abbott Laboratories, Danaher Corporation,
BGI Group, DiaSorin S.p.A, F. Hoffmann-La Roche Ltd., Luminex Corporation,
bioMérieux S.A., Hologic, Inc., Thermo Fisher Scientific Inc., and Becton,
Dickinson, and Company, among others.
The report offers an
industry-wide and economy-wide analysis of the market along with supply and
demand dynamics, sales, and production and manufacturing capacity. It also
reviews the rate of production and consumption, sales network and distribution
channel, pricing analysis, profit margins, cost and demand volatility,
import/export, gross revenue, among others. Financial difficulties brought by
the pandemic have slowed down the progression of the businesses, and
disruptions in the supply chains have been seen. The report assesses the
comprehensive impact of the pandemic on the overall growth of the Infectious
Disease Rapid Diagnostic Testing market and offers a future impact assessment.
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COVID Analysis
The research report draws
focus on the impact of the COVID-19
pandemic on the market and its crucial segments. It offers insights into
the effects of the pandemic on the global economic scenario and business
sphere. The report evaluates the key market influencing factors and considers
the COVID-19 pandemic as one of the contributing elements.
To learn more details about the
Global Infectious Disease Rapid Diagnostic Testing Market report, visit@ https://www.emergenresearch.com/industry-report/infectious-disease-rapid-diagnostic-testing-market
The Infectious Disease
Rapid Diagnostic Testing market intelligence report exhaustively examines the
market value, share, demand, growth prospects, latest and historical trends,
manufacturers, gross revenue collection, competitive terrain, market growth
forecast, available products, and end-use applications.
The
regional analysis covers the following key geographies of the world:
•
North
America (U.S.A.,
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)
·
Product Outlook (Revenue,
USD Billion; 2017-2027)
o Platforms
o Assays
·
Technology Outlook
(Revenue, USD Billion; 2017-2027)
o Isothermal
Nucleic Acid Amplification Technology (INAAT)
o Enzyme Immunoassay
(EIA)
o Real-Time
PCR (q-PCR)
o Lateral
Flow Immunoassay (LFIA)
o Others
·
Disease Outlook (Revenue,
USD Billion; 2017-2027)
o Bacterial
Infection
1.
CT/NG
2.
HAIs
3.
Tuberculosis
4.
Others
o Viral
Infection
1.
Hepatitis
2.
Influenza Virus
3.
HPV
4.
HIV-AIDS
5.
Others
o Others Infections
·
End-User Outlook
(Revenue, USD Billion; 2017-2027)
o Clinics
o Hospital
o Diagnostic
Center
o Others
Market
Estimation Timeline:
Historical Years:
2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
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