Infectious Disease Rapid Diagnostic Testing Market size is estimated to be USD 5.8 Billion in 2024 and is expected to reach USD 12.4 Billion by 2033 at a CAGR of 9.1% from 2026 to 2033.
The Infectious Disease Rapid Diagnostic Testing market was valued at approximately USD 2.5 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% during the forecast period from 2023 to 2030. The increasing prevalence of infectious diseases, rising demand for rapid and accurate diagnostic tools, and advancements in diagnostic technologies are the major factors driving the growth of the market. North America held the largest market share in 2022, contributing over 35% of the global market. This regions dominance is primarily due to well established healthcare infrastructure, increasing adoption of point of care (POC) diagnostics, and government initiatives promoting health screening. Additionally, the region benefits from the presence of key market players and the rising focus on improving diagnostic capabilities for diseases such as COVID 19, influenza, and respiratory infections.
Regionally, the Asia Pacific market is expected to witness the highest growth rate during the forecast period, with a projected CAGR of 9.2%. The rapid adoption of healthcare technologies, expanding healthcare infrastructure, and growing awareness about infectious diseases in countries such as China and India are fueling this growth. Furthermore, the rising healthcare expenditures and improving access to diagnostic services in emerging economies contribute significantly to the market expansion. Europe and Latin America are also anticipated to witness steady growth, driven by increasing demand for fast diagnostic solutions and government support for healthcare advancements. The Middle East and Africa are expected to experience moderate growth, with opportunities arising from investments in healthcare infrastructure and diagnostics technology advancements.
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Abbott Laboratories
Roche Ltd
Danaher Corporation
Luminex Corporation
BGI Group
bioMerieux S.A.
DiaSorin S.p.A
Hologic
Inc.
Mesa Biotech
Quidel Corporation
Thermo Fisher Scientific Inc.
GenMark Diagnostics
CTK Biotech
Becton Dickinson
Cellex Inc.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Infectious Disease Rapid Diagnostic Testing Market
Antigen Tests
Antibody Tests
Nucleic Acid Tests
Isothermal Amplification Tests
Other Diagnostic Tests
Polymerase Chain Reaction (PCR)
Lateral Flow Assays
Microarray Technology
Mass Spectrometry
Other Technologies
Bloodstream Infections
Respiratory Infections
Sexually Transmitted Infections (STIs)
Tuberculosis
Other Infectious Diseases
Hospitals
Diagnostic Laboratories
Academic and Research Institutions
Home Care Settings
Public Health Organizations
Direct Sales
Distributors
Online Sales
Contract Sales
Retail Pharmacies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Infectious Disease Rapid Diagnostic Testing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Infectious Disease Rapid Diagnostic Testing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Infectious Disease Rapid Diagnostic Testing Market, By Type
6. Global Infectious Disease Rapid Diagnostic Testing Market, By Application
7. Global Infectious Disease Rapid Diagnostic Testing Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Infectious Disease Rapid Diagnostic Testing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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