![Global Rapid Diagnostics Market](https://res.cloudinary.com/devmoveo/image/upload/v1679999153/skyquest/report/phpWkltVW.jpg)
Report ID: SQMIG35A2152
Report ID:
SQMIG35A2152 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
121 |
Figures:
70
North America, which brought in USD 14.48 billion in sales in 2021, is anticipated to rule the market during the forecast period. The region's point of care diagnostics market is projected to grow as a result of the widespread use of sophisticated point-of-care diagnostics to identify a variety of infectious and chronic diseases as well as the availability of attractive reimbursement policies.
During the forecast period, Europe is expected to develop at a substantial CAGR, dominating the global market share. The introduction of quick diagnostic tools for the timely diagnosis of infectious diseases is the focus of major players in Europe. Additionally, the government has made R&D investments to support the diagnostics industry with regard to the most cutting-edge point-of-care diagnostic testing. These elements contribute to the market expansion in the area. Additionally, the Asia Pacific region is anticipated to grow at a sizable CAGR during the forecast period. The adoption of this kind of diagnostics is likely to be accelerated by the rising incidence of infectious and chronic illnesses throughout the Asia-Pacific.
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Report ID: SQMIG35A2152