Global Rapid Diagnostics Market 2016-2020 – Lack of Awareness Because of Frequent Launch of New Technologies

Dublin, May 11, 2016 (GLOBE NEWSWIRE) — Research and Markets has announced the addition of the “Global Rapid Diagnostics Market 2016-2020” report to their offering.

The report forecasts the global rapid diagnostics market to grow at a CAGR of 7.27% during the period 2016-2020.

New rapid diagnostic techniques and testing platforms have changed the way digital platforms are used. People with HIV can use personal health records to monitor their condition. Many vendors are focusing on developing mobile apps that can communicate with and support portable diagnostic systems. For instance, Biosense Technologies developed uChek, which is a mobile app-based urinalysis. Also, various non-profit organizations and governments are taking the initiative to support research in digital healthcare.

According to the report, the increasing burden of chronic diseases and infectious diseases requires diseases to be diagnosed and treated at an early stage. Rapid diagnostic tests play a crucial role in early diagnosis of disease. Growing demand for rapid diagnostic tests for quick and efficient diagnosis of diseases in decentralized settings is a major factor that drives the growth of the market.

Further, the report states that consumers lack awareness about the latest rapid diagnostic kits because of the frequent launch of new technologies. Vendors in the market compete to offer newer and more advanced products at a low cost.

Key vendors:

• Alere Inc.
• Beckman Coulter Inc.
• Abbott Laboratories
• Roche Diagnostics
• Siemens Healthcare

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Market segmentation by product

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/wdjmr7/global_rapid

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