Global Rapid Medical Diagnostic Kits Market Size & Outlook
The rapid medical diagnostic kits industry worldwide is expected to reach a projected revenue of US$ 28,832.2 million by 2030. A compound annual growth rate of 5.9% is expected of the worldwide rapid medical diagnostic kits industry from 2024 to 2030.
Revenue, 2023 (US$M)
$19,354.3
Forecast, 2030 (US$M)
$28,832.2
CAGR, 2024 - 2030
5.9%
Report Coverage
Worldwide
Global rapid medical diagnostic kits market, 2018-2030 (US$M)
Related Markets
Global rapid medical diagnostic kits market highlights
- The global rapid medical diagnostic kits market generated a revenue of USD 19,354.3 million in 2023 and is expected to reach USD 28,832.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.9% by 2030.
- In terms of segment, otc rdt accounted for a revenue of USD 12,241.0 million in 2023.
- OTC RDT is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 19,354.3 million |
| Market revenue in 2030 | USD 28,832.2 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Otc rdt |
| Fastest growing segment | OTC RDT |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OTC RDT, Professional RDT |
Other key industry trends
- In terms of revenue, the North America accounted for 36.9% of the global rapid medical diagnostic kits market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 1,296.0 million by 2030.
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Rapid Medical Diagnostic Kits Market Scope
Rapid medical diagnostic kits market segmentation & scope
Others
Rapid Medical Diagnostic Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global rapid medical diagnostic kits 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 rapid medical diagnostic kits market will help companies and investors design strategic landscapes.
otc rdt was the largest segment with a revenue share of 63.25% in 2023. Horizon Databook has segmented the Global rapid medical diagnostic kits market based on otc rdt, professional rdt covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Rapid Medical Diagnostic Kits Product Outlook (Revenue, USD Million, 2018-2030)
- OTC RDT
- Professional RDT
- Global Rapid Medical Diagnostic Kits Technology Outlook (Revenue, USD Million, 2018-2030)
- Lateral Flow
- Agglutination
- Solid Phase
- Other Technologies
- Global Rapid Medical Diagnostic Kits Application Outlook (Revenue, USD Million, 2018-2030)
- Blood Glucose Testing
- Cardiometabolic Testing
- Pregnancy and Fertility Testing
- Fecal Occult Blood Testing
- Coagulation Testing
- Toxicology Testing
- Lipid Profile Testing
- Other Applications
- Infectious Disease Testing
- COVID-19
- Hepatitis
- HIV
- Influenza
- Others
- Global Rapid Medical Diagnostic Kits End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Clinics
- Home Care
- Diagnostic Laboratories
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Our clientele includes a mix of rapid medical diagnostic kits market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global rapid medical diagnostic kits market , including forecasts for subscribers. This global databook contains high-level insights into Global rapid medical diagnostic kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global rapid medical diagnostic kits market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Rapid medical diagnostic kits market size, 2023 (USD Million)
Top 10 countries: Rapid medical diagnostic kits market size, 2023 (USD Million)
Global rapid medical diagnostic kits market, by region, 2023 (US$M)
Related regional statistics
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