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Browse PDF at Rapid Medical Diagnostic Kits Market Outlook to 2019
The rapid medical diagnostic kits market is experiencing impressive growth globally because of the continuous increase in demand for preventive management of infectious diseases. Since its introduction, rapid medical diagnostic kits are becoming a vital part of the medical diagnostics industry and the scope of this market has been perpetually increasing in terms of detectable diseases and adoption by end users.
This report studies the global market for rapid diagnostic kits through three major perspectives namely, application areas, technologies and geography. The application segment of this market has been further segmented into three sub-divisions namely clinical testing, home-use and veterinary diagnostics. In addition, the technology segment of rapid medical diagnostic kits market has been categorized into lateral flow, flow-through, agglutination assays and solid phase. Each of the above segments are analyzed on the basis of their market size (in terms of USD million) for the period 2011 to 2019. This also includes the forecast of the market segments in terms of CAGR (%) for the period 2013 – 2019, considering 2012 as the base year.
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Geographically, the rapid medical diagnostic kits market is categorized into four regions namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). The market revenues (for the period 2011 – 2019) and forecast (for the period 2013 – 2019) for each of these regions have been included in this report. The market overview section of the report demonstrates the qualitative analysis of the market dynamics of the global rapid medical diagnostic kits market and thus includes information about the drivers, restraints, opportunities, Porter’s five forces model and market attractiveness analysis of this industry.
The company profiles section of the report includes information about the major market players currently operating in this industry. Some of the major players contributing to this market include Abbott Laboratories, Abaxis, Inc., Alere, Inc., Becton Dickinson & Company, BioRad Laboratories, F. Hoffmann La Roche, MegaCor, Trinity Biotech, Zoetis, Inc.
Medical Equipments Market Research Reports & Industry Analysis
The global market for medical equipment is a significantly large one that accounts for revenue to the tune of nearly USD 273 billion, according to the estimates of leading market research firms. Revenue in this sector could touch an estimated USD 349 billion by the end of 2016.
The medical equipment industry is a vast one with a high degree of segmentation. It is comprised of products and systems ranging from thermometers to catheters to blood processing devices to monitoring systems to wound care equipment to specialty bags to syringes to glucose meters and pumps among other products.
Within these, the key market segments comprise of surgical supplies and equipment that constitute nearly 45% of the entire market. The rest of the market constitutes products such as disposable medical supplies and patient monitoring devices.
Other products such as catheters constitute a fairly significant chunk of the global medical equipment market. Catheters are likely to show a yearly growth rate of 12% in 2014. On similar lines, patient monitoring systems are expected to demonstrate robust growth figures as they become more advanced, and medical practitioners increasingly rely on them for remote surveillance. Market research firms indicate that the value of the patient monitoring systems will reach USD 9.3 billion by the end of 2014.
Wound care is yet another key sector within the medical equipment industry and market analysts estimate a 4% growth rate in this sector. Wound care is essentially comprised of gauze, wound dressing products, and wound closure devices.
Having felt the impact of the economic slowdown in 2008, the medical equipment industry is now poised for strong demand-driven growth in the coming years. Changing demographics, for the most part, will be largely responsible for this change. Medical equipment will be required in larger numbers as the world sees a greater aging population and increased life expectancy.
Greater technological advancements within this category combined with the evolving needs of people worldwide, will give a further impetus to the medical equipment market.
At ResearchMoz.us, we keep track of every new change and trend in the medical equipment market and update our collection of market research reports to bring you the very best market data pertaining to the medical equipment industry. We carry medical equipment market research reports published by reputable market research agencies and update our repository virtually every day. These are the key differentiators that make ResearchMoz.us the preferred partner for small, medium and large enterprises worldwide.
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