Rapid test cards are medical devices that deliver diagnostic results in few minutes or less than fifteen minutes. The test using rapid cards is performed in one or two steps and does not require other equipment. The samples, such as blood, serum, and urine, are used to confirm a type of disease. The rapid test cards have immovable reagents for targeted antigen or antibody associated with a certain category of the detector. It later reacts with the loaded patient's sample and gives quick results.
MARKET DYNAMICS
The rapid test cards market growth is anticipated to grow due to growing point of care diagnostics, growing development in medical device and biotechnological sectors, and increasing incidences of viral, bacterial infections. The outbreak of COVID-19 pandemic has created various growth opportunities for the market and is expected to grow significantly during the forecast period.
MARKET SCOPE
The "Rapid Test Cards Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of rapid test cards market with detailed market segmentation by type, and distribution channel. The rapid test cards market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in rapid test cards market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The rapid test cards market is segmented on the basis of type, and distribution channel. Based on type, the market is segmented as pregnancy test cards, HIV test cards, syphilis test cards, HCV test cards, malaria test cards, COVID-19 test cards, and others. And based on distribution channel, the market is classified as hospitals and retail pharmacies, online distribution, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the rapid test cards market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The rapid test cards market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting rapid test cards market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the rapid test cards market in these regions.
MARKET PLAYERS
The report covers key developments in the rapid test cards market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from rapid test cards market are anticipated to have lucrative growth opportunities in the future with the rising demand for rapid test cards in the global market. Below mentioned is the list of few companies engaged in the rapid test cards market.
The report also includes the profiles of key players in rapid test cards market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Abbott
- Nanoentek
- ABP Diagnostics Ltd
- Advanced Diagnostics Inc.
- Minerva BiOTECH Corporation
- Meril Life Sciences Pvt. Ltd.
- Laboratorios Silanes
- Span Diagnostics Ltd.
- Bio-Medical Products Corporation
- VEDA.LAB
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