France Rapid Medical Diagnostic Kits Market Size & Outlook
France rapid medical diagnostic kits market, 2018-2030 (US$M)
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France rapid medical diagnostic kits market highlights
- The France rapid medical diagnostic kits market generated a revenue of USD 743.8 million in 2023 and is expected to reach USD 1,036.9 million by 2030.
- The France market is expected to grow at a CAGR of 4.9% 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.
Rapid medical diagnostic kits market data book summary
| Market revenue in 2023 | USD 743.8 million |
| Market revenue in 2030 | USD 1,036.9 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Otc rdt |
| Fastest growing segment | OTC RDT |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OTC RDT, Professional RDT |
| Key market players worldwide | ACON 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, France accounted for 3.8% of the global rapid medical diagnostic kits market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK rapid medical diagnostic kits market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 390.5 million by 2030.
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Rapid Medical Diagnostic Kits Market Scope
Rapid Medical Diagnostic Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 63.01% in 2023. Horizon Databook has segmented the France rapid medical diagnostic kits market based on otc rdt, professional rdt covering the revenue growth of each sub-segment from 2018 to 2030.
The outbreak of COVID-19 in France has increased the demand for rapid diagnostic tests in the country. For instance, according to Worldometer, as of June 10, 2020, there were around 155,136 confirmed cases of COVID-19 in France, which have led to around 29,319 deaths.
Furthermore, increasing incidence of diabetes in France is expected to fuel market growth. According to a report published by International Diabetes Federation Europe, around 3,276,400 cases of diabetes were recorded in France in 2017.
Prevalence of diabetes in adults is about 7.3%. Therefore, growing incidence of diabetes in France would demand more blood glucose testing kits, thereby propelling market growth. Moreover, rise in investments by private organizations to enhance the development of rapid diagnostic tests is anticipated to boost market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the France rapid medical diagnostic kits market , including forecasts for subscribers. This country databook contains high-level insights into France rapid medical diagnostic kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France rapid medical diagnostic kits market size, by product, 2018-2030 (US$M)
France Rapid Medical Diagnostic Kits Market Outlook Share, 2023 & 2030 (US$M)
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