Rapid Diagnostics Market 2020 to Deliver Improved Profitability In Near Future

(IT-NEWSWIRE.COM, November 24, 2017 ) Rapid diagnostic tests are diagnostic assays designed for low-resource settings that provide faster results. These can be carried out either at a patient's bedside or in a clinical setting. These devices are simple to operate and read, have a low cost, and are specific, sensitive, and stable at extreme temperatures. They also provide quick results. Rapid diagnostics is the fastest-growing segment in in vitro diagnostics (IVD). R

Rapid diagnostic tests include agglutination, lateral flow, flow through, solid phase, and nucleic-acid amplification tests. Diagnostic devices are used to detect and measure blood glucose and coagulation levels, cardiac biomarkers, infectious diseases, hemoglobin concentration, five-part differential blood count, and pregnancy and fertility status. These tests can be used at patient's bedside, and in physician's clinics, ICUs, operating rooms, emergency rooms, and inpatient wards. The healthcare professional attending to the patient obtains the specimen, performs an analysis, and records the result.

Publisher’s analysts forecast the global rapid diagnostics market to grow at a CAGR of 7.27% during the period 2016-2020.

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The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

Key vendors
- Alere Inc.
- Beckman Coulter Inc.
- Abbott Laboratories
- Roche Diagnostics
- Siemens Healthcare

Other prominent vendors
- Abaxis
- Accriva Diagnostics
- ACON Laboratories
- A. Menarini Diagnostics
- Bayer HealthCare
- BD
- Bio-AMD
- Bio-Rad Laboratories

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Market driver
- Growing demand for rapid and accurate testing
- Launch of innovative rapid diagnostic kits and devices
- Favorable regulatory and reimbursement policies
- Increase in incidence of chronic and infectious diseases

Market challenge
- Pricing pressures
- Issues with reliability and stability of rapid diagnostic kits
- Lack of trained professionals

Market trend
- Use of digital platforms in rapid diagnostics
- Initiatives by non-profit entities and governments to increase awareness
- Adoption of rapid diagnostic kits in middle- and low-income countries

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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Key questions answered in this report
- What will the market size be in 2020 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Rapid Diagnostics Market 2020 to Deliver Improved Profitability In Near Future