Europe Rapid Medical Diagnostic Kits Market Size & Outlook

The rapid medical diagnostic kits market in Europe is expected to reach a projected revenue of US$ 8,081.9 million by 2030. A compound annual growth rate of 5.6% is expected of Europe rapid medical diagnostic kits market from 2024 to 2030.
Revenue, 2023 (US$M)
$5,528.2
Forecast, 2030 (US$M)
$8,081.9
CAGR, 2024 - 2030
5.6%
Report Coverage
Europe

Europe rapid medical diagnostic kits market, 2018-2030 (US$M)

Europe
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Europe rapid medical diagnostic kits market highlights

  • The Europe rapid medical diagnostic kits market generated a revenue of USD 5,528.2 million in 2023.
  • The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
  • In terms of segment, otc rdt was the largest revenue generating product in 2023.
  • OTC RDT is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Sweden is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 5,528.2 million
Market revenue in 2030USD 8,081.9 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentOtc rdt
Fastest growing segmentOTC RDT
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOTC RDT, Professional RDT
Key market players worldwideACON Laboratories, Abbott Laboratories, BD, BioMerieux SA, Bio-Rad Laboratories Inc, Danaher Corp, Cardinal Health Inc, Creative Diagnostics, Roche, McKesson Corp, Meridian Bioscience, Trinity Biotech PLC ADR, Zoetis Inc Class A, Artron Bioresearch, Alfa Medical Group, BioNTech SE ADR, Sight Diagnostics

Other key industry trends

  • In terms of revenue, Europe region accounted for 28.6% of the global rapid medical diagnostic kits market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Latin America is the fastest growing regional market and is projected to reach USD 2,409.0 million by 2030.

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Rapid Medical Diagnostic Kits Market Companies

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Europe 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 62.8% in 2023. Horizon Databook has segmented the Europe rapid medical diagnostic kits market based on otc rdt, professional rdt covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Rapid Medical Diagnostic Kits Product Outlook (Revenue, USD Million, 2018-2030)
    • OTC RDT
    • Professional RDT
  • Europe Rapid Medical Diagnostic Kits Technology Outlook (Revenue, USD Million, 2018-2030)
    • Lateral Flow
    • Agglutination
    • Solid Phase
    • Other Technologies
  • Europe 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
  • Europe Rapid Medical Diagnostic Kits End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals & Clinics
    • Home Care
    • Diagnostic Laboratories

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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe rapid medical diagnostic kits market , including forecasts for subscribers. This continent databook contains high-level insights into Europe rapid medical diagnostic kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe rapid medical diagnostic kits market size, by country, 2018-2030 (US$M)

Europe Rapid Medical Diagnostic Kits Market Outlook Share, 2023 & 2030 (US$M)

Europe rapid medical diagnostic kits market size, by country, 2018-2030 (US$M)

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