openPR Logo
Press release

Paper Based Diagnostic Test Kits Market Forecast, Size, Share, Growth, Industry Demand, Forecast, Application Analysis To 2027 | Key Players Profiling- Abbott Laboratories Inc., Roche Diagnostics Limited, Beckman Coulter Inc., Siemens AG, Alere Inc., Bect

08-10-2018 10:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Fact.MR

Fact.MR

Paper diagnostic tests are helpful in decreasing the time between the determination of a turmoil and treatment methodology. The presence of ailments that require self-observing, for example in diabetes mellitus, and different tests, for instance, pregnancy tests, pH test, oxygen detecting; and rising interest for financially savvy gadgets made by innovative progressions are the other central point for paper based diagnostics test kits market growth. Paper-based diagnostic kits essentially consist of a piece of paper with blood or urine samples from one end to the next where synthetic concoctions and antibodies in the example communicate with a suitable reagent, making an adjustment in shading. The basic shading change response can give basic data that tells specialists whether a patient is in risk. Like microfluidic chips, the paper gadgets can isolate, channel, and blend liquids and in addition to performing coordinated responses and control their succession, all by designing systems of liquid wicking channels on paper.

Request TOC of this Report@ https://www.factmr.com/connectus/sample?flag=T&rep_id=583

Paper based diagnostics is turning out to a cost-efficient alternative to conventional methods in settings with limited resources. These can be utilized in real life situations such as on-site medical care especially for prevention and control of infectious diseases. Emerging trends such as paper based microfluidic technology and 3D wax patterning are expected to bolster the growth of the market in the coming years.

In the era of ever increasing population where cost of healthcare is a critical problem, resources are very scarce and trained professionals are very less. The paper based diagnostic kits can be an alternative to labor intensive, complex, multi-step diagnostic tools and procedures. The idea is lab on a paper. There has been a substantial increase in demand for the point-of-care (POC) tests in many fields such as environmental assessment, food safety and importantly clinical diagnostics. The quicker we diagnose the disease condition the faster we can treat the condition. Lateral flow assay kit and dip test kits are the oldest paper based diagnostic kits available in the market. An effort is been made to install nano-biosensors on the lateral assay diagnostic kits so as to expedite the process of qualitative and accurate testing.

Most diagnostic techniques which are reliable for early detection of infectious diseases depend largely upon the detection of nucleic acids. The high cost of the nucleic acid amplification test (NAAT). Therefore only a smaller fraction of the developing countries could be benefited by it. Paper based microfluidic detection system is the latest development in the field of paper based diagnostic test kits. The paper is the oldest material which humans made and use. The paper has the property of absorbing and wicking liquid. By drawing hydrophobic patterns on the surface of the paper through wax printing or photolithography we can make specific channels in paper to in order to direct flow of liquids. Stacking them create 3D microfluidic paper based systems which allows multiplexing and fluid handling. Hence low cost diagnostic systems are made with this process which cost few cents. Paper based diagnostics test kit can be a very affordable option in the poor African Countries.

Paper based diagnostic test kits Market: Drivers and Restrains

The rising adoption paper based diagnostic test kits, low cost of paper diagnostics kit and increasing number of strategic partnerships will propel the market. Recently the University College of London collaborated with Imperial College of London in order to develop diagnostic paper test in order to detect immunity against Ebola virus. The key players are trying to expand their presence in the emerging markets through strategic collaborations, partnerships and agreements. Increasing awareness and growing tendency toward home healthcare and technological advancement in the preexisting products are the key drivers for the paper based diagnostics market.

The stringent reimbursement policies and development of better and more reliable technologies may be the hurdle for the paper based diagnostic market.

Paper based diagnostic test kit Market: Overview

The paper based diagnostic kit market is segmented based on the product type, application and end user. Based on product type, the paper based diagnostic kit market is segmented into lateral assay test kits, dip stick test kit, microfluid paper kits. On the basis of application, the paper based diagnostic market is segmented as pregnancy test kit, drugs test kit, diabetes test kit, others. Based on the end user paper based diagnostic test kit market is segmented into, hospitals, diagnostic centers and home care settings and others. Increased awareness and inclination towards health care, companies focusing on collaboration, acquisition, and merger with various hospitals and research organizations for product commercialization therefore lead to growth of paper based diagnostic tests markets.

To know more about the Paper based diagnostic test kit Market, Visit the link @ https://www.factmr.com/report/583/paper-based-diagnostic-test-kits-market

Paper based diagnostic test kit Market: Regional Overview

Region wise, the global paper based diagnostic kit is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is anticipated to account for major share followed by Europe. Increasing adoption of paper based diagnostic is reasons for the market growth in these countries. Increase in demand for quick and accurate diagnosis of deadly diseases (Ebola) and government support and modernize healthcare systems will contribute the growth of veterinary procedure light market in Asia Pacific region.

Paper based diagnostic test kit Market: Key Players

Some of the key players in global Paper based diagnostic test kit market are Abbott Laboratories Inc., Roche Diagnostics Limited, Beckman Coulter Inc., Siemens AG, Alere Inc., Becton Dickinson and Company, Johnson and Johnson, Bio-Rad laboratories, ACON laboratories, Abingdon Health, Cytodiagnostics, Chembio-diagnostic systems, Bioporto, Imnora biosciences, Enzo Lifesciences Inc and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

Request Brochure of this Report@ https://www.factmr.com/connectus/sample?flag=B&rep_id=583

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Follow Us on Linkedin: https://www.linkedin.com/company/factmr/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Paper Based Diagnostic Test Kits Market Forecast, Size, Share, Growth, Industry Demand, Forecast, Application Analysis To 2027 | Key Players Profiling- Abbott Laboratories Inc., Roche Diagnostics Limited, Beckman Coulter Inc., Siemens AG, Alere Inc., Bect here

News-ID: 1172661 • Views: 131

More Releases from Fact.MR

Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of

All 5 Releases


More Releases for Paper

Global Kraft Paper Market
Global Kraft Paper Market Report provide definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis. This report is by Material,
Pulp & Paper Enzymes Market
APAC pulp & paper enzymes market will witness gains over 6.5% by 2024. Increasing enzymes adoption in manufacturing facilities due to its enhanced benefits will stimulate the regional demand. Easy availability of resources and labor coupled with environment regulations on industrial wastages are driving the industry, as the product reduce pollutants in waste water. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1995 Global pulp & paper enzymes industry share
Paper Bags Packaging Market
Global Paper Bags Packaging Market Insights, Forecast To 2025 provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on Markets and materials, capacities and technologies, and on the
Disposable Paper Cup Market
Marketinsightsreports adds “Global Disposable Paper Cup Market by Manufacturers, Regions, Type and Application, Forecast to 2023” new report to its research database that gives a top to bottom investigation of the market as far as income and developing business sector patterns. The abstract includes business overview, product offering, revenue share, strategies, and service offering of the dominant players. This report covers several key areas in the Disposable Paper Cup market. Global
Global Greaseproof Paper Market 2017 - Krpa Paper, Nordic Paper, Vicat Group, Di …
This report studies the Greaseproof Paper market, Greaseproof paper is paper that is impermeable to oil or grease and is normally used in cooking or food packaging. Normally greaseproof paper is produced by refining the paper stock and thus create a sheet with very low porosity. Scope of the Report: This report focuses on the Greaseproof Paper in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and
Global Wheat Straw Pulp Market 2017- Yinge Paper, Xinya Paper Group, Baiyun Pape …
The Global Wheat Straw Pulp Market 2017 examines the performance of the Wheat Straw Pulp market. It encloses an in-depth judgment of the Wheat Straw Pulp market state and the competitive landscape globally. This report analyzes the potential of Wheat Straw Pulp market in the present and the future prospects from various angles in detail. The Global Wheat Straw Pulp Market 2017 report includes Wheat Straw Pulp industry volume, market Share,