Tuesday, May 10th, 2016 - RnR Market Research

RnRMarketResearch.com adds Global Rapid Diagnostics Market 2016-2020 latest research report, the analysts forecast global rapid diagnostics market to grow at a CAGR of 7.27% during the period 2016-2020.

Complete report on rapid diagnostics market is now available at http://www.rnrmarketresearch.com/global-rapid-diagnostics-market-2016-2020-market-report.html

According to the rapid diagnostics market report, the increasing burden of chronic diseases and infectious diseases requires diseases to be diagnosed and treated at an early stage. Rapid diagnostic tests play a crucial role in early diagnosis of disease. Growing demand for rapid diagnostic tests for quick and efficient diagnosis of diseases in decentralized settings is a major factor that drives the growth of the market.

The global rapid diagnostics market analyst said new rapid diagnostic techniques and testing platforms have changed the way digital platforms are used. People with HIV can use personal health records to monitor their condition. Many vendors are focusing on developing mobile apps that can communicate with and support portable diagnostic systems. For instance, Biosense Technologies developed uChek, which is a mobile app-based urinalysis. Also, various non-profit organizations and governments are taking the initiative to support research in digital healthcare.

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Global Rapid Diagnostics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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). 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.

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This report covers the present scenario and the growth prospects of the global rapid diagnostics market for 2016-2020. To calculate the market size, revenue generated from the sales of rapid diagnostics products, including over-the-counter (OTC) rapid diagnostics tests (self-testing kits, glucose meters, and strips) and professional rapid diagnostics tests (test kits, handheld devices, and small analyser) have been considered.

Key players in the global rapid diagnostics market: Alere Inc., Beckman Coulter Inc., Abbott Laboratories, Roche Diagnostics, and Siemens Healthcare.

Other prominent vendors in the market are: Abaxis, Accriva Diagnostics, ACON Laboratories, A. Menarini Diagnostics, Bayer HealthCare, BD, Bio-AMD, Bio-Rad Laboratories, Cepheid, Chembio Diagnostic Systems, Clarity Diagnostics, DiagCor Bioscience, Diasorin, Eiken Chemical, GlySens, Helena Laboratories, Hemosure, Hologic, Humor Diagnostica, LifeScan, Meridian Life Sciences, Nipro Diagnostics, Oasis Diagnostics, OPKO Health, OraSure Technologies, Quidel, Randox Laboratories, Sysmex, Trinity Biotech, Trivitron Healthcare, and URIT.

Further, the report states that consumers lack awareness about the latest rapid diagnostic kits because of the frequent launch of new technologies. Vendors in the market compete to offer newer and more advanced products at a low cost.

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Rapid Diagnostics Market, Rapid Diagnostics Industry, Global Rapid Diagnostics Market, Rapid Diagnostics Market 2016, Market Research Reports

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