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Paper Diagnostics Market 2023 - 2032: Global Industry Analysis, Size, Share, Growth, Trends and Forecast
Paper Diagnostics Market
The global paper diagnostics market size is expected to grow from $8.37 billion in 2022 to $9.08 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The paper diagnostics market size is expected to grow to $12.59 billion in 2027 at a CAGR of 8.5%.
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Paper Diagnostics Market Drivers:
Increased prevalence of heart diseases is expected to propel the paper diagnostics market going forward. Any condition that has an impact on the cardiovascular system is referred to as heart disease. A sensitive and quick microfluidic paper-based device (PAD) helps in the simultaneous detection of numerous cardiac biomarkers for the early and late diagnosis of acute myocardial infarction, as a result, the increased prevalence of heart diseases increases the demand for paper diagnostics.
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Paper Diagnostics Market Segments:
1) By Product: Dipsticks, Lateral Flow Assays: Paper Based Microfluidics
2) By Device Type: Monitoring Devices, Diagnostic Devices
3) By Application:Environmental Monitoring, Clinical Diagnostics, Food Quality Testing
4) By End-User: Home Healthcare, Assisted Living Healthcare Facilities, Hospital And Clinics
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Paper Diagnostics market.
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Paper Diagnostics Market Key Players
Major players in the paper diagnostics market are Navigene, Siemens Healthcare GmbH, Arkray Inc., Acon Laboratories Inc., Chembio Diagnostic Systems Inc., Micro Essential Laboratory, Kenosha Tapes, GVS S.p.A, Abingdon Health, Micro Essential Laboratory Inc., Paperdrop Diagnostics, Monadnock Paper Mills Inc., Bio-Rad Laboratories Inc., and Diagnostics for All Inc.
The Business Research Company's "Global Paper Diagnostics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Paper Diagnostics Market Include:
1. Executive Summary
2. Paper Diagnostics Market Characteristics
3. Paper Diagnostics Market Trends And Strategies
4. Paper Diagnostics Market - Macro Economic Scenario
5. Paper Diagnostics Market Size And Growth
......
26. Africa Paper Diagnostics Market
27. Paper Diagnostics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Paper Diagnostics Market
29. Paper Diagnostics Market Future Outlook and Potential Analysis
30. Appendix
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