Rising Heart Disease Prevalence Fueling Paper Diagnostics Market Growth Driving Market Acceleration in the Paper Diagnostics Industry, 2025

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

How Large Will the Paper Diagnostics Market Size By 2025?
In the past few years, there has been a significant increase in the size of the paper diagnostics market. The market, valued at $9.75 billion in 2024, is predicted to escalate to $10.58 billion in 2025, growing at a compound annual growth rate (CAGR) of 8.5%. This growth in the previous years can be linked to various factors such as the demand for cost-effective healthcare, preparation for global health emergencies, point-of-care testing for chronic conditions, diagnostic uses in areas with limited resources, the need for quick results to make prompt decisions, and a heightened emphasis on preventive healthcare.

How Big Is the Paper Diagnostics Market Size Expected to Grow by 2029?
The size of the paper diagnostics market is predicted to experience a swift expansion in the coming years, surging to $15.93 billion in 2029 with a compound annual growth rate (CAGR) of 10.8%. This growth across the projected timeframe owes much to factors like developments in paper-based biosensors, combination with wearable healthcare devices, rise in personalized medicine, widening scope of telehealth services, need for early cancer detection, burgeoning veterinary diagnostics, and government schemes promoting preventive healthcare. Key trends expected during this period include progress in paper-based technologies, tech integration in diagnostics, apps for chronic disease management, multiplexing capabilities, adoption of microfluidics in paper gadgets, and amalgamation of smartphone technology.

View the full report here:
https://www.thebusinessresearchcompany.com/report/paper-diagnostics-global-market-report

Which Key Market Drivers Powering Paper Diagnostics Market Expansion and Growth?
The escalation in heart disease prevalence is anticipated to drive the paper diagnostics market. Heart disease encompasses any ailment affecting the cardiovascular system. Utilizing a swift, sensitive microfluidic paper-based device (PAD) enables concurrent detection of various cardiac biomarkers, helping to diagnose acute myocardial infarction early and late. As such, the growing prevalence of heart diseases amplifies the necessity for paper diagnostics. To illustrate, referencing data released by the British Heart Foundation, a cardiovascular research charity based in the UK, approximately 7.6 million people in the UK suffer from heart and circulatory diseases as of September 2024, split between roughly 4 million men and 3.6 million women. These conditions account for nearly 27% of all deaths in the UK, which equates to over 170,000 deaths a year, or around 480 deaths daily - one death every three minutes. Consequently, the escalating incidence of heart diseases bolsters the growth of the paper diagnostics market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8582&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Paper Diagnostics Market?
Leading corporations in the paper diagnostics market are concentrating on the creation of novel point-of-care assessments for a strategic advantage in the industry. Point-of-care testing refers to diagnostics conducted close to the patient care location, facilitating instant outcomes and prompt clinical judgments. For instance, Mylab Discovery Solutions, an Indian-origin company, debuted two rapid point-of-care tests explicitly aimed at identifying dengue infections in August 2023 - the rapid gold test and the high-accuracy dry luminescence assay test. The output from these tests is produced in 15-20 minutes, negating the necessity for a lab environment. They significantly contribute to recognizing the phase and advancement of the infection, which is beneficial for dengue testing protocols in areas with limited resources. These tests distinguish between IgM and IgG antibodies, providing medical experts with precise instruments for prompt diagnosis and successful disease control.

What Are the Emerging Segments in the Paper Diagnostics Market?
The paper diagnostics market covered in this report is segmented -

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

Subsegments:
1) By Dipsticks: Urinalysis Dipsticks, Blood Glucose Dipsticks, Pregnancy Test Dipsticks, Drug Test Dipsticks
2) By Lateral Flow Assays: Point-Of-Care Testing (POCT) Assays, Rapid Infectious Disease Tests, Cardiovascular Marker Tests, Allergy Tests
3) By Paper-Based Microfluidics: Integrated Microfluidic Devices, Lab-On-A-Chip Applications, Environmental Testing Applications, Food Safety Testing Applications

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8582&type=smp

Who Are the Global Leaders in the Paper Diagnostics Market?
Major companies operating in the paper diagnostics market are Navigene, Siemens Healthcare GmbH, Arkray Inc., Acon Laboratories Inc., Chembio Diagnostic Systems Inc., Kenosha Tapes, GVS S.p.A, Abingdon Health, Micro Essential Laboratory Inc., Paperdrop Diagnostics, Monadnock Paper Mills Inc., Bio-Rad Laboratories Inc., Diagnostics for All Inc., Sysmex Corporation, Abcam Plc., Cytodiagnostics Inc., Abbott Inc., Alere Inc., NanoEntek Inc., BiognostiX, Mologic Ltd., Becton Dickinson and Company, BioFluidica, BioDot Inc., Biopico Systems Inc., BioMedomics Inc., BioPorto Diagnostics A/S, Danaher Corporation, EMD Millipore, EKF Diagnostics Holdings plc

Which are the Top Profitable Regional Markets for the Paper Diagnostics Industry?
North America was the largest region in the paper diagnostics market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the paper diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8582

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.