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The global Infectious Disease Rapid Diagnostic Testing Market is forecasted to be worth USD 3.56 Billion by 2027, according to a current analysis by Emergen Research. The rising cases of infectious disease all over the globe and the need for the immediate diagnosis will propel market growth. The evolving pathogens and rise in the occurrence of hospital-acquired infections (HAIs) are creating a need for a quick diagnosis of the diseases to stop the spread. Governments all over the world are investing in rapid diagnostic testing kits to increase their rate of testing and prevent any sort of epidemic.  The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations.

The Global Infectious Disease Rapid Diagnostic Testing Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. 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.

There is a surge in infectious diseases such as hepatitis, malaria, tuberculosis, influenza, and HIV-AIDS. The rise in the SARS-Cov-19 virus has led to the massive demand for infectious disease rapid diagnostic testing products. All the nations are focusing on flattening the curve of the community transmission, which is propelling the demand for the market. Another factor driving the demand for the product is the scale-up of manufacturing capabilities by the market players. Industry players are expanding to fulfill the growing demand for the product in the current scenario.

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Key Highlights From The Report

  • Bio-Rad Laboratories, in February 2020, acquired Exact Diagnostics of Fort Worth. The acquisition helped the company gain accessibility to a catalog of molecular quality control products in virology, microbiology, respiratory, transplant vector-borne, and sexually transmitted infections.
  • The lateral flow assay is among the most popular diagnostic tool that meets the requirement of colorimetric assays. It is an ideal diagnostic test, including features such as easy operation, less time consumption, durable stability, and low cost for the POC test.

Market Overview:

The research report on the Infectious Disease Rapid Diagnostic Testing market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Infectious Disease Rapid Diagnostic Testing business sphere.

The Global Infectious Disease Rapid Diagnostic Testing Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Infectious Disease Rapid Diagnostic Testing market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

Top competitors of the Infectious Disease Rapid Diagnostic Testing Market profiled in the report 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.

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The report aims to deliver a comprehensive understanding of the Infectious Disease Rapid Diagnostic Testing market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.

For the purpose of this report, Emergen Research has segmented into the global infectious disease rapid diagnostic testing market on the basis of product, technology, disease, end-user, and region:

  • Product Outlook (Revenue, USD Billion; 2017-2027)
    • Platforms
    • Assays
  • Technology Outlook (Revenue, USD Billion; 2017-2027)
    • Isothermal Nucleic Acid Amplification Technology (INAAT)
    • Enzyme Immunoassay (EIA)
    • Real-Time PCR (q-PCR)
    • Lateral Flow Immunoassay (LFIA)
    • Others
  • Disease Outlook (Revenue, USD Billion; 2017-2027)
    • Bacterial Infection
      1. CT/NG
      2. HAIs
      3. Tuberculosis
      4. Others
    • Viral Infection
      1. Hepatitis
      2. Influenza Virus
      3. HPV
      4. HIV-AIDS
      5. Others
    • Others Infections
  • End-User Outlook (Revenue, USD Billion; 2017-2027)
    • Clinics
    • Hospital
    • Diagnostic Center
    • Others

Regional Outlook:

The report offers a comprehensive analysis of the current growth opportunities for various regions of the Infectious Disease Rapid Diagnostic Testing market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Alopecia Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Alopecia Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Alopecia Market Segmentation & Impact Analysis

    4.1. Alopecia Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Alopecia Market indicators analysis

          4.2.2. Alopecia Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Alopecia Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Alopecia products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Continued….

Key Benefits of Buying the Global Infectious Disease Rapid Diagnostic Testing Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8-year forecast and assessment of the Global Infectious Disease Rapid Diagnostic Testing Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global Infectious Disease Rapid Diagnostic Testing Market

The report considers the following timeline for market estimation:

  • Historical Years: 2017-2018
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Years: 2020-2027

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