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Rapid Medical Diagnostic Kits Market is expected to reach a valuation of US$ 25.76 Billion by the end of 2019
Rapid Medical Diagnostic Kits Market
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The global rapid medical diagnostic kits market is segmented on the basis of application, technology, and geography. On the basis application, the market is divided into clinical testing, home-use, and veterinary. The clinical testing and home-use segments are further sub-segmented into infectious disease testing, cholesterol monitoring, substance abuse testing, fertility and pregnancy testing, and blood glucose testing. The technologies used in this market are lateral flow, flow-through, solid-phase, and agglutination assays.
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Geographically, this market is segmented into Europe, North America, Asia Pacific, and Rest of the World. In terms of regions, North America is leading the global rapid medical diagnostics kits market, whose success is closely followed by Europe. In the near future, North America is expected to continue this dominance. Meanwhile, Asia Pacific is expected witness a robust growth rate in the rapid medical diagnostic testing kits market due to the high prevalence of infectious diseases, increasing awareness about these kits, and rising disposable income of the overall population. Furthermore, the high rate of infectious disease in the African countries is also expected to fuel the rapid medical diagnostic kits market.
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Some of the important companies profiled in the global rapid medical diagnostic kits market are Trinity Biotech Plc, Alere, Inc., Abbott Laboratories, Abaxis, Inc., Danaher Corporation, BioRad Laboratories, F. Hoffmann La Roche, Becton Dickinson & Company, MegaCor Diagnostik GmbH, MegaCor, and Zoetis, Inc. The research report also explains the competitive landscape in this market by evaluating the financial overview, business and marketing strategies, research and development activities, and investment outlook for the near future.
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