North America Paper Diagnostics Market Size & Outlook
North America paper diagnostics market, 2018-2030 (US$M)
North America paper diagnostics market highlights
- An overview of the North America paper diagnostics market trends heading towards 2030. The North America market generated a revenue of USD 5,335.4 million in 2023.
- The overall growth of the North America market from 2023 to 2030. The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- A look at the North America market revenues per segment in 2023. In terms of segment, hospitals & clinics was the largest revenue generating end use in 2023.
- The segment witnessing the fastest revenue growth within the market. Hospitals & Clinics is the most lucrative end use segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 5,335.4 million |
| Market revenue in 2030 | USD 7,654.8 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals & clinics |
| Fastest growing segment | Hospitals & Clinics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals & Clinics |
| Key market players worldwide | Arkray, ACON Laboratories, Abbott Laboratories, Bio-Rad Laboratories Inc, Siemens Healthineers AG ADR, Diagnostics For All, Navigene |
Other key industry trends
- In terms of revenue, North America region accounted for 35.6% of the global paper diagnostics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,657.3 million by 2030.
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Paper Diagnostics Market Scope
Paper Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America paper diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to paper diagnostics market will help companies and investors design strategic landscapes.
Hospitals & clinics was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America paper diagnostics market based on hospitals & clinics covering the revenue growth of each sub-segment from 2018 to 2030.
Key countries included in the North America ophthalmic screening/diagnostics devices market are the U.S. and Canada. North America held a major share of the global ophthalmic screening/diagnostics devices market in 2017.
This dominance can be attributed to significant advances in ophthalmic surgical procedures and devices, which helped improve diagnosis and treatment of various ophthalmic diseases, including retinal disorders, glaucoma, or refractory disorders.
According to a study conducted by National Institute of Health (NIH), in 2014, annual economic burden of eye disease, vision loss, and other disorders was around USD 139 billion in the U.S. In addition, increased adoption of technologically advanced ophthalmic devices is anticipated to drive market in the region.
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Our clientele includes a mix of paper diagnostics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America paper diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into North America paper diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America paper diagnostics market
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