Monday, May 9th, 2016

About Rapid Diagnostics

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.

Technavio’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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Covered in this report 
The 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.

The market is divided into the following segments based on geography: 
• Americas 

Technavio's report, Global Rapid Diagnostics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.

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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 
• 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 

Market driver 
• Increase in incidence of chronic and infectious diseases 
• For a full, detailed list, view our report

Market challenge 
• Pricing pressures 
• For a full, detailed list, view our report

Market trend 
• Use of digital platforms in rapid diagnostics 
• For a full, detailed list, view our report

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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Table of content

PART 01: Executive summary 
• Highlights 
PART 02: Scope of the report 
• Market overview 
• Top-vendor offerings 
PART 03: Market research methodology 
• Research methodology 
• Economic indicators 
PART 04: Introduction 
• Key market highlights 
PART 05: Market landscape 
• Market overview 
• Market size and forecast 
• Five forces analysis 
PART 06: Market segmentation by application 
• Global rapid diagnostics market by application 
• Blood glucose rapid diagnostics 
• Cardiometabolic rapid diagnostics 
• Infectious disease rapid diagnostics 
• Pregnancy and fertility rapid diagnostics 
• Toxicology rapid diagnostics 
• Fecal occult blood rapid diagnostics 
• Coagulation rapid diagnostics 
PART 07: Market segmentation by product 
• OTC rapid diagnostics test 
• Professional rapid diagnostics test 
PART 08: Geographical segmentation 
• Rapid diagnostics market in Americas 
• Rapid diagnostics market in EMEA 
• Rapid diagnostics market in APAC 
PART 09: Market drivers 
• 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 
PART 10: Impact of drivers 
PART 11: Market challenges 

• Pricing pressures 
• Issues with reliability and stability of rapid diagnostic kits 
• Lack of trained professionals 
PART 12: Impact of drivers and challenges 
PART 13: Market trends 

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 
PART 14: Vendor landscape 
• Competitive scenario 
• Market share analysis 2015 
• Abbott Diagnostics 
• Alere 
• Beckman Coulter 
• Roche Diagnostics 
• Siemens Healthcare 
• Other prominent vendors 
PART 15: Appendix 
• List of abbreviations 
PART 16: Explore Technavio

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