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MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
GLOBAL RAPID TEST KIT MARKET
FORECAST & OPPORTUNITIES
2016 – 2026
2
Scope of Report
Product of Interest (POI): Rapid Test Kit
Review Period
2016 – 2019
Base Year
2020
Estimated Year
2021
Forecast Period
2022 – 2026
Year Range
REGION
• Asia-Pacific
• Europe
• North America
• South America
• Middle East & Africa
A rapid diagnostic test is a medical diagnostic test that is quick and easy to perform. RDTs are
suitable for preliminary or emergency medical screening and for use in medical facilities with
limited resources.
Market Segmentation
TYPE
• Rapid Antigen Test
• Rapid Antibody Test
• Hospitals & Clinics
• Diagnostic Centers
• Home Care
• Others
END USERS
APPLICATION
• Infectious Disease
• Cardiology
• Oncology
• Pregnancy & Fertility
• Toxicology
• Glucose Monitoring
• Others
TECHNOLOGY
• Lateral Flow Assays
• Agglutination
• Immunospot Assay
• Solid Phase
PRODUCT TYPE
• Over-the-
counter (OTC)
Rapid Test Kit
• Professional
Rapid Test Kit
DURATION
• Less than 10 minutes
• Less than 30 minutes
• Less than 1 hour
• 1 hour-2 hour
• Others
3
Table of Contents
S. No. Contents Page No.
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Rapid Test Kit Market
4. Executive Summary
5. Voice of Customer
6. Global Rapid Test Kit Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Rapid Antigen Test v/s Rapid Antibody Test)
6.2.2. By Product Type (Over-the-counter (OTC) Rapid Test Kit v/s Professional Rapid Test Kit)
6.2.3. By Technology (Lateral Flow Assays, Agglutination, Immunospot Assay, Immunospot Assay, Solid Phase)
6.2.4. By Duration (Less than 10 minutes, Less than 30 minutes, Less than 1 hour, 1 hour-2 hour, Others)
6.2.5.
By Application (Infectious Disease, Cardiology, Oncology, Pregnancy & Fertility, Toxicology,
Glucose Monitoring, Others)
6.2.6. By End Users (Hospitals & Clinics, Diagnostic Centers, Home Care, Others)
6.2.7. By Company (2020)
6.2.8. By Region
6.3. Product Market Map
4
Table of Contents
S. No. Contents Page No.
7. Asia-Pacific Rapid Test Kit Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Product Type
7.2.3. By Technology
7.2.4. By Duration
7.2.5. By Application
7.2.6. By End Users
7.2.7. By Country
7.2.8. List of Approved Major Rapid Test Kit Brand, 2020
7.3. Asia-Pacific: Country Analysis
7.3.1. China Rapid Test Kit Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Product Type
7.3.1.2.3. By Technology
7.3.1.2.4. By Duration
7.3.1.2.5. By Application
7.3.1.2.6. By End Users
5
Table of Contents
S. No. Contents Page No.
7.3.2. India Rapid Test Kit Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Product Type
7.3.2.2.3. By Technology
7.3.2.2.4. By Duration
7.3.2.2.5. By Application
7.3.2.2.6. By End Users
7.3.3. Australia Rapid Test Kit Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Product Type
7.3.3.2.3. By Technology
7.3.3.2.4. By Duration
7.3.3.2.5. By Application
7.3.3.2.6. By End Users
7.3.4. Japan Rapid Test Kit Market Outlook
6
Table of Contents
S. No. Contents Page No.
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Product Type
7.3.4.2.3. By Technology
7.3.4.2.4. By Duration
7.3.4.2.5. By Application
7.3.4.2.6. By End Users
7.3.5. South Korea Rapid Test Kit Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Product Type
7.3.5.2.3. By Technology
7.3.5.2.4. By Duration
7.3.5.2.5. By Application
7.3.5.2.6. By End Users
8. Europe Rapid Test Kit Market Outlook
7
Table of Contents
S. No. Contents Page No.
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Product Type
8.2.3. By Technology
8.2.4. By Duration
8.2.5. By Application
8.2.6. By End Users
8.2.7. By Country
8.2.8. List of Approved Major Rapid Test Kit Brand, 2020
8.3. Europe: Country Analysis
8.3.1. France Rapid Test Kit Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Product Type
8.3.1.2.3. By Technology
8.3.1.2.4. By Duration
8.3.1.2.5. By Application
8.3.1.2.6. By End Users
8
Table of Contents
S. No. Contents Page No.
8.3.2. Germany Rapid Test Kit Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Product Type
8.3.2.2.3. By Technology
8.3.2.2.4. By Duration
8.3.2.2.5. By Application
8.3.2.2.6. By End Users
8.3.3. United Kingdom Rapid Test Kit Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Product Type
8.3.3.2.3. By Technology
8.3.3.2.4. By Duration
8.3.3.2.5. By Application
8.3.3.2.6 By End Users
9
Table of Contents
S. No. Contents Page No.
8.3.4. Italy Rapid Test Kit Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Product Type
8.3.4.2.3. By Technology
8.3.4.2.4. By Duration
8.3.4.2.5. By Application
8.3.4.2.6. By End Users
8.3.5. Spain Rapid Test Kit Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Product Type
8.3.5.2.3. By Technology
8.3.5.2.4. By Duration
8.3.5.2.5. By Application
8.3.5.2.6. By End Users
9. North America Rapid Test Kit Market Outlook
9.1. Market Size & Forecast
10
Table of Contents
S. No. Contents Page No.
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Product Type
9.2.3. By Technology
9.2.4. By Duration
9.2.5. By Application
9.2.6. By End Users
9.2.7. By Country
9.2.8. List of Approved Major Rapid Test Kit Brand, 2020
9.3. North America: Country Analysis
9.3.1. United States Rapid Test Kit Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Product Type
9.3.1.2.3. By Technology
9.3.1.2.4. By Duration
9.3.1.2.5. By Application
9.3.1.2.6. By End Users
9.3.2. Canada Rapid Test Kit Market Outlook
11
Table of Contents
S. No. Contents Page No.
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Product Type
9.3.2.2.3. By Technology
9.3.2.2.4. By Duration
9.3.2.2.5. By Application
9.3.2.2.6. By End Users
9.3.3. Mexico Rapid Test Kit Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Product Type
9.3.3.2.3. By Technology
9.3.3.2.4. By Duration
9.3.3.2.5. By Application
9.3.3.2.6. By End Users
10. South America Rapid Test Kit Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
12
Table of Contents
S. No. Contents Page No.
10.2.1. By Type
10.2.2. By Product Type
10.2.3. By Technology
10.2.4 By Duration
10.2.5. By Application
10.2.6. By End Users
10.2.7. By Country
10.2.8. List of Approved Major Rapid Test Kit Brand, 2020
10.3. South America: Country Analysis
10.3.1. Brazil Rapid Test Kit Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1 By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Product Type
10.3.1.2.3. By Technology
10.3.1.2.4. By Duration
10.3.1.2.5. By Application
10.3.1.2.6. By End Users
10.3.2. Argentina Rapid Test Kit Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1 By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Product Type
10.3.2.2.3. By Technology
13
Table of Contents
S. No. Contents Page No.
10.3.2.2.4. By Duration
10.3.2.2.5. By Application
10.3.2.2.6. By End Users
10.3.3. Colombia Rapid Test Kit Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1 By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.2.2.2. By Product Type
10.3.3.2.3. By Technology
10.3.3.2.4. By Duration
10.3.3.2.5. By Application
10.3.3.2.6. By End Users
11. Middle East & Africa Rapid Test Kit Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By Product Type
11.2.3. By Technology
11.2.4. By Duration
11.2.5. By Application
11.2.6. By End Users
11.2.7. By Country
11.2.8. List of Approved Major Rapid Test Kit Brand, 2020
11.3. Middle East & Africa : Country Analysis
14
Table of Contents
S. No. Contents Page No.
11.3.1. South Africa Rapid Test Kit Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Type
11.3.1.2.2. By Product Type
11.3.1.2.3. By Technology
11.3.1.2.4. By Duration
11.3.1.2.5. By Application
11.3.1.2.6. By End Users
11.3.2. Saudi Arabia Rapid Test Kit Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Type
11.3.2.2.2. By Product Type
11.3.2.2.3. By Technology
11.3.2.2.4. By Duration
11.3.2.2.5. By Application
11.3.2.2.6. By End Users
11.3.3. UAE Rapid Test Kit Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Type
15
Table of Contents
S. No. Contents Page No.
11.3.3.2.2. By Product Type
11.3.3.2.3. By Technology
11.3.3.2.4. By Duration
11.3.3.2.5. By Application
11.3.3.2.6. By End Users
11.3.4. Kuwait Rapid Test Kit Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Product Type
11.3.4.2.2. By Technology
11.3.4.2.3. By Duration
11.3.4.2.4. By Application
11.3.4.2.5. By End Users
11.3.4.2.6. By Product Type
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. F. Hoffmann-La Roche AG
14.2. Abbott Laboratories Ltd.
14.3. Siemens Healthineers AG
16
Table of Contents
S. No. Contents Page No.
14.4. OraSure Technologies, Inc.
14.5. Becton, Dickinson and Company
14.6. Bio-Rad Laboratories, Inc.
14.7. Danaher Corporation (Cepheid, Inc.)
14.8. Eurofins Scientific SE
14.9. Luminex Corporation
14.10. PerkinElmer, Inc.
14.11. Cellex, Inc.
14.12. Thermo Fisher Scientific, Inc.
14.13. Mesa Biotech, Inc.
14.14. BioFire Diagnostics, Inc.
14.15. Akers Biosciences, Inc.
15. Strategic Recommendations
16. About Us & Disclaimer
RESEARCHMETHODOLOGY
18
Research Methodology
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the global rapid test kit
market, overall market size
and segmental market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the global rapid test kit
market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
 Recent Developments
 Market Changing
Aspects/Dynamics
 Government Policies
 Conclusion
 Market Participants
 Key Strengths
 LinkedIn
 TechSci Internal
Database
 Factiva
 Hoovers
Paid Sources
 Company Websites
 Company Annual
Reports
 White Paper Study
 Financial Reports
 Investor
Presentations
 Regulatory Body
 Associations, etc.
Secondary
Research
Primary Research
19
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of the global rapid test kit market. The team has
market, while considering the the major influencing factors such as growing prevalence of various infectious diseases. The study
clients to take better decisions while planning their strategy to achieve sustainability in the global rapid test kit market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through
exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as rapid test kit companies,
users, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 rapid test kit companies, 100 – 120 end-users, and 15 – 20 industry experts and other value
market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique. Taking standard deviation
out, to arrive at the market size data during 2016-2020.
20
Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by type, by product type, by technology, by duration, by application, by end users, by
company and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were
considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
Market share by type, by product type, by technology, by duration, by application, by end users, by company and by region were calculated based on the responses received through
primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of rapid test kit markets. The final
shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global rapid test kit market, TechSci Research used
various forecast techniques such as:
 Moving Average
 Time Series Analysis
 Regression Analysis
 Econometric and Judgmental Analysis
21
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during
short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market
including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
• F. Hoffmann-La Roche AG
• Abbott Laboratories Ltd.
• Siemens Healthineers AG
• OraSure Technologies, Inc.
• Becton, Dickinson and Company
• Bio-Rad Laboratories, Inc.
• Danaher Corporation (Cepheid, Inc.)
• Eurofins Scientific SE
• Luminex Corporation
• PerkinElmer, Inc.
• Cellex, Inc.
• Thermo Fisher Scientific, Inc.
• Mesa Biotech, Inc.
• BioFire Diagnostics, Inc.
• Akers Biosciences, Inc.
• World Bank
• TechSci Research Proprietary Database & Knowledge Repository
• Company Annual Reports
• Industry Magazines
• Industry Reports
• News Dailies
• Credible Paid Databases
22
Industry Brief
Increasing prevalence of diseases to drive the growth of global rapid test kit market in the forecast period, 2022-2026.
According to TechSci Research report, “Rapid Test Kit Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026” the global rapid test kit market stood at
USD23.44 Billion in 2020 and is expected to grow at a steady CAGR of 8.14% during the forecast period on account of growing prevalence of diseases. The growing demand for rapid test kit from
various point of care diagnostic centers, homecare, among others is expected to support the market growth through 2026. The growing prevalence of various chronic diseases such as cancer,
diabetes, and cardiovascular diseases has significantly increased the patient pool suffering from these diseases worldwide. This in turn has significantly increased the demand for various rapid test
kits.
These rapid test kits can be used for disease diagnosis and monitoring at home and at various healthcare facilities such as hospitals & clinics, point of care centers, etc. However, the high cost of
rapid testing kits leads to affordability constraints, especially in Asia Pacific, South America and Middle East & Africa. Also, poor reimbursement scenario related to rapid test kits across different
countries, especially in the developing and under-developed countries, is further expected to restrict and slow down the market growth. Also, stringent regulatory scenario and policies for launching
and marketing rapid test kits are expected to significantly hamper the market growth. The US Food and Drug Administration (FDA) is very strict when it comes to classifying diagnostic kits and
medical devices in various categories and giving approvals for them. Also, countries that do not follow FDA but have their own regulatory associations are also very strict for product approvals and
their market launch. The regulatory framework is quite strict when it comes to product recalls. Furthermore, lack of awareness pertaining to the availability and use of rapid test kits among the
population, especially in the developing and under-developed countries, is expected to hamper the market growth during the forecast period. The global rapid test kit market is segmented based on
type, product type, technology, duration, application, end user, company and regional distribution. In terms of product type, the market can be divided into over-the-counter rapid test kit and
professional rapid test kit. The over-the-counter rapid test kit segment dominated the market in 2020 with a share of around 69.35% on account of the fact that these tests are easy to use in the
“near-patient setting” and are a cost-effective alternative to expensive laboratory testing. In terms of technology, the market can be categorized into lateral flow assays, solid phase, agglutination
and immunospot assay.
The lateral flow assays technology is expected to dominate the market during the forecast period as it is simple to perform and has low manufacturing costs. Lateral flow assays are used across
hospitals & clinics, diagnostic centers, and ambulatory care centers for qualitative and quantitative identification of specific antigens, antibodies, and gene amplification products. Also, the use of
lateral flow assays in the early detection of COVID-19 has further opened opportunities for growth of this segment. This has got the focus of various companies in developing rapid test kits based
on lateral flow assay technology. For instance, in March 2020, Ozo Life announced the launch of its OZO COVID-19 Rapid Test Kits based on lateral flow assay technology.
Key market players in the rapid test kit market include F. Hoffmann-La Roche AG, Abbott Laboratories, Inc, Danaher Corporation, Becton, Dickinson and Company, PerkinElmer, Inc., Siemens
Healthineers AG, Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., OraSure Technologies, Inc., Biomerieux Inc., ACON Laboratories, Inc., Cellex, Inc., MyMD Pharmaceuticals Inc.,
Luminex Corporation, Eurofins Scientific SE
Global rapid test kit market is consolidated with a lot of well-established players having presence in several countries: with several domestic players possessing leadership in certain regions and
countries, among others. F. Hoffmann-La Roche AG holds the highest market share and is among the top five market players globally. Abbott Laboratories, Inc., ranks second in terms of market
share in the overall rapid test kit market. The company has a strong presence worldwide and a huge brand value. People in emerging countries are also aware of the presence, product portfolio
and business of the company and are preferring it over other competitor brands. Additionally, there are other prominent players such as Danaher Corporation, Becton, Dickinson and Company,
PerkinElmer, Inc, among others, holding a significant position in the global rapid test kit market.
“The Asia Pacific region will register the fastest CAGR during the forecast period. This can be attributed to the large and growing geriatric population in the region, which is susceptible to different
kinds of diseases, especially in countries like China, India, and Japan. Additionally, supportive government policies and healthcare schemes launched by them across different countries in the
region is expected to support market growth. For instance, in October 2020, Japan’s Ministry of Health, Labour and Welfare approved the use of Quick Navi-Flu2, a rapid diagnostic kit for detecting
influenza virus antigen in the country. This kit is being manufactured by two Japanese firms Denka Company Limited and Otsuka Pharmaceutical Co., Ltd.,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based Global management consulting firm.
23
Sample Data – Snapshot
Global Rapid Test Kit Market Size, By Value (USD Million), 2016-2026F
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
2016 2020 2021E 2026F
CAGR BY VALUE: XX% CAGR BY VALUE: XX%
Middle East & Africa Rapid Test Kit Market Share, By Type,
By Value, 2016–2026F
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Rapid Antigen Test Rapid Antibody Test
Middle East & Africa Rapid Test Kit Market Share, By Product Type,
By Value, 2016–2026F
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Over-the-counter (OTC) Rapid Test Kit
South Africa Rapid Test Kit Market Share, By Duration, By Value, 2016–2026F
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Less than 10 minutes Less than 30 minutes Less than 1 hour 1 hour-2 hour Others
24
Report Ordering
Report Name: GLOBAL RAPID TEST KIT MARKET
FORECAST & OPPORTUNITIES
2016 – 2026
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Related Reports
• Saudi Arabia Medical Devices Market By Type (Cardiovascular Devices, Diagnostic Imaging Equipment, In-vitro Diagnostic Devices, Opthalmic Devices,
Diabetes Care Devices, Dental Care Devices, Surgical Equipment, Orthopedic Devices, Nephrology & Urology Devices, ENT Devices, Anesthesia &
Respiratory Devices, Neurology Devices, Mobility-Aid Devices, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Others), By Company, By
Region, Forecast & Opportunities, 2026.
• ◾Saudi Arabia Glucometers Market By Product Type (Self Glucose Monitoring Glucometers v/s Continuous Glucose Monitoring Glucometers), By
Technique (Invasive v/s Non-Invasive), By Type (Wearable v/s Non-Wearable), By Distribution Channel (Hospital Pharmacies, Retail Outlet, Online,
Others), By End User (Hospitals & Clinics, Diagnostic Centers, Home Care, Others), By Region, Competition Forecast & Opportunities, 2026.
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Rapid Test Kit Market - Global Industry Size, Share, Trend, Opportunity and Forecast 2026 | TechSci Research

  • 1. MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com GLOBAL RAPID TEST KIT MARKET FORECAST & OPPORTUNITIES 2016 – 2026
  • 2. 2 Scope of Report Product of Interest (POI): Rapid Test Kit Review Period 2016 – 2019 Base Year 2020 Estimated Year 2021 Forecast Period 2022 – 2026 Year Range REGION • Asia-Pacific • Europe • North America • South America • Middle East & Africa A rapid diagnostic test is a medical diagnostic test that is quick and easy to perform. RDTs are suitable for preliminary or emergency medical screening and for use in medical facilities with limited resources. Market Segmentation TYPE • Rapid Antigen Test • Rapid Antibody Test • Hospitals & Clinics • Diagnostic Centers • Home Care • Others END USERS APPLICATION • Infectious Disease • Cardiology • Oncology • Pregnancy & Fertility • Toxicology • Glucose Monitoring • Others TECHNOLOGY • Lateral Flow Assays • Agglutination • Immunospot Assay • Solid Phase PRODUCT TYPE • Over-the- counter (OTC) Rapid Test Kit • Professional Rapid Test Kit DURATION • Less than 10 minutes • Less than 30 minutes • Less than 1 hour • 1 hour-2 hour • Others
  • 3. 3 Table of Contents S. No. Contents Page No. 1. Product Overview 2. Research Methodology 3. Impact of COVID-19 on Global Rapid Test Kit Market 4. Executive Summary 5. Voice of Customer 6. Global Rapid Test Kit Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Type (Rapid Antigen Test v/s Rapid Antibody Test) 6.2.2. By Product Type (Over-the-counter (OTC) Rapid Test Kit v/s Professional Rapid Test Kit) 6.2.3. By Technology (Lateral Flow Assays, Agglutination, Immunospot Assay, Immunospot Assay, Solid Phase) 6.2.4. By Duration (Less than 10 minutes, Less than 30 minutes, Less than 1 hour, 1 hour-2 hour, Others) 6.2.5. By Application (Infectious Disease, Cardiology, Oncology, Pregnancy & Fertility, Toxicology, Glucose Monitoring, Others) 6.2.6. By End Users (Hospitals & Clinics, Diagnostic Centers, Home Care, Others) 6.2.7. By Company (2020) 6.2.8. By Region 6.3. Product Market Map
  • 4. 4 Table of Contents S. No. Contents Page No. 7. Asia-Pacific Rapid Test Kit Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Type 7.2.2. By Product Type 7.2.3. By Technology 7.2.4. By Duration 7.2.5. By Application 7.2.6. By End Users 7.2.7. By Country 7.2.8. List of Approved Major Rapid Test Kit Brand, 2020 7.3. Asia-Pacific: Country Analysis 7.3.1. China Rapid Test Kit Market Outlook 7.3.1.1. Market Size & Forecast 7.3.1.1.1. By Value 7.3.1.2. Market Share & Forecast 7.3.1.2.1. By Type 7.3.1.2.2. By Product Type 7.3.1.2.3. By Technology 7.3.1.2.4. By Duration 7.3.1.2.5. By Application 7.3.1.2.6. By End Users
  • 5. 5 Table of Contents S. No. Contents Page No. 7.3.2. India Rapid Test Kit Market Outlook 7.3.2.1. Market Size & Forecast 7.3.2.1.1. By Value 7.3.2.2. Market Share & Forecast 7.3.2.2.1. By Type 7.3.2.2.2. By Product Type 7.3.2.2.3. By Technology 7.3.2.2.4. By Duration 7.3.2.2.5. By Application 7.3.2.2.6. By End Users 7.3.3. Australia Rapid Test Kit Market Outlook 7.3.3.1. Market Size & Forecast 7.3.3.1.1. By Value 7.3.3.2. Market Share & Forecast 7.3.3.2.1. By Type 7.3.3.2.2. By Product Type 7.3.3.2.3. By Technology 7.3.3.2.4. By Duration 7.3.3.2.5. By Application 7.3.3.2.6. By End Users 7.3.4. Japan Rapid Test Kit Market Outlook
  • 6. 6 Table of Contents S. No. Contents Page No. 7.3.4.1. Market Size & Forecast 7.3.4.1.1. By Value 7.3.4.2. Market Share & Forecast 7.3.4.2.1. By Type 7.3.4.2.2. By Product Type 7.3.4.2.3. By Technology 7.3.4.2.4. By Duration 7.3.4.2.5. By Application 7.3.4.2.6. By End Users 7.3.5. South Korea Rapid Test Kit Market Outlook 7.3.5.1. Market Size & Forecast 7.3.5.1.1. By Value 7.3.5.2. Market Share & Forecast 7.3.5.2.1. By Type 7.3.5.2.2. By Product Type 7.3.5.2.3. By Technology 7.3.5.2.4. By Duration 7.3.5.2.5. By Application 7.3.5.2.6. By End Users 8. Europe Rapid Test Kit Market Outlook
  • 7. 7 Table of Contents S. No. Contents Page No. 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Type 8.2.2. By Product Type 8.2.3. By Technology 8.2.4. By Duration 8.2.5. By Application 8.2.6. By End Users 8.2.7. By Country 8.2.8. List of Approved Major Rapid Test Kit Brand, 2020 8.3. Europe: Country Analysis 8.3.1. France Rapid Test Kit Market Outlook 8.3.1.1. Market Size & Forecast 8.3.1.1.1. By Value 8.3.1.2. Market Share & Forecast 8.3.1.2.1. By Type 8.3.1.2.2. By Product Type 8.3.1.2.3. By Technology 8.3.1.2.4. By Duration 8.3.1.2.5. By Application 8.3.1.2.6. By End Users
  • 8. 8 Table of Contents S. No. Contents Page No. 8.3.2. Germany Rapid Test Kit Market Outlook 8.3.2.1. Market Size & Forecast 8.3.2.1.1. By Value 8.3.2.2. Market Share & Forecast 8.3.2.2.1. By Type 8.3.2.2.2. By Product Type 8.3.2.2.3. By Technology 8.3.2.2.4. By Duration 8.3.2.2.5. By Application 8.3.2.2.6. By End Users 8.3.3. United Kingdom Rapid Test Kit Market Outlook 8.3.3.1. Market Size & Forecast 8.3.3.1.1. By Value 8.3.3.2. Market Share & Forecast 8.3.3.2.1. By Type 8.3.3.2.2. By Product Type 8.3.3.2.3. By Technology 8.3.3.2.4. By Duration 8.3.3.2.5. By Application 8.3.3.2.6 By End Users
  • 9. 9 Table of Contents S. No. Contents Page No. 8.3.4. Italy Rapid Test Kit Market Outlook 8.3.4.1. Market Size & Forecast 8.3.4.1.1. By Value 8.3.4.2. Market Share & Forecast 8.3.4.2.1. By Type 8.3.4.2.2. By Product Type 8.3.4.2.3. By Technology 8.3.4.2.4. By Duration 8.3.4.2.5. By Application 8.3.4.2.6. By End Users 8.3.5. Spain Rapid Test Kit Market Outlook 8.3.5.1. Market Size & Forecast 8.3.5.1.1. By Value 8.3.5.2. Market Share & Forecast 8.3.5.2.1. By Type 8.3.5.2.2. By Product Type 8.3.5.2.3. By Technology 8.3.5.2.4. By Duration 8.3.5.2.5. By Application 8.3.5.2.6. By End Users 9. North America Rapid Test Kit Market Outlook 9.1. Market Size & Forecast
  • 10. 10 Table of Contents S. No. Contents Page No. 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Type 9.2.2. By Product Type 9.2.3. By Technology 9.2.4. By Duration 9.2.5. By Application 9.2.6. By End Users 9.2.7. By Country 9.2.8. List of Approved Major Rapid Test Kit Brand, 2020 9.3. North America: Country Analysis 9.3.1. United States Rapid Test Kit Market Outlook 9.3.1.1. Market Size & Forecast 9.3.1.1.1. By Value 9.3.1.2. Market Share & Forecast 9.3.1.2.1. By Type 9.3.1.2.2. By Product Type 9.3.1.2.3. By Technology 9.3.1.2.4. By Duration 9.3.1.2.5. By Application 9.3.1.2.6. By End Users 9.3.2. Canada Rapid Test Kit Market Outlook
  • 11. 11 Table of Contents S. No. Contents Page No. 9.3.2.1. Market Size & Forecast 9.3.2.1.1. By Value 9.3.2.2. Market Share & Forecast 9.3.2.2.1. By Type 9.3.2.2.2. By Product Type 9.3.2.2.3. By Technology 9.3.2.2.4. By Duration 9.3.2.2.5. By Application 9.3.2.2.6. By End Users 9.3.3. Mexico Rapid Test Kit Market Outlook 9.3.3.1. Market Size & Forecast 9.3.3.1.1. By Value 9.3.3.2. Market Share & Forecast 9.3.3.2.1. By Type 9.3.3.2.2. By Product Type 9.3.3.2.3. By Technology 9.3.3.2.4. By Duration 9.3.3.2.5. By Application 9.3.3.2.6. By End Users 10. South America Rapid Test Kit Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast
  • 12. 12 Table of Contents S. No. Contents Page No. 10.2.1. By Type 10.2.2. By Product Type 10.2.3. By Technology 10.2.4 By Duration 10.2.5. By Application 10.2.6. By End Users 10.2.7. By Country 10.2.8. List of Approved Major Rapid Test Kit Brand, 2020 10.3. South America: Country Analysis 10.3.1. Brazil Rapid Test Kit Market Outlook 10.3.1.1. Market Size & Forecast 10.3.1.1.1 By Value 10.3.1.2. Market Share & Forecast 10.3.1.2.1. By Type 10.3.1.2.2. By Product Type 10.3.1.2.3. By Technology 10.3.1.2.4. By Duration 10.3.1.2.5. By Application 10.3.1.2.6. By End Users 10.3.2. Argentina Rapid Test Kit Market Outlook 10.3.2.1. Market Size & Forecast 10.3.2.1.1 By Value 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Type 10.3.2.2.2. By Product Type 10.3.2.2.3. By Technology
  • 13. 13 Table of Contents S. No. Contents Page No. 10.3.2.2.4. By Duration 10.3.2.2.5. By Application 10.3.2.2.6. By End Users 10.3.3. Colombia Rapid Test Kit Market Outlook 10.3.3.1. Market Size & Forecast 10.3.3.1.1 By Value 10.3.3.2. Market Share & Forecast 10.3.3.2.1. By Type 10.3.2.2.2. By Product Type 10.3.3.2.3. By Technology 10.3.3.2.4. By Duration 10.3.3.2.5. By Application 10.3.3.2.6. By End Users 11. Middle East & Africa Rapid Test Kit Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value 11.2. Market Share & Forecast 11.2.1. By Type 11.2.2. By Product Type 11.2.3. By Technology 11.2.4. By Duration 11.2.5. By Application 11.2.6. By End Users 11.2.7. By Country 11.2.8. List of Approved Major Rapid Test Kit Brand, 2020 11.3. Middle East & Africa : Country Analysis
  • 14. 14 Table of Contents S. No. Contents Page No. 11.3.1. South Africa Rapid Test Kit Market Outlook 11.3.1.1. Market Size & Forecast 11.3.1.1.1. By Value 11.3.1.2. Market Share & Forecast 11.3.1.2.1. By Type 11.3.1.2.2. By Product Type 11.3.1.2.3. By Technology 11.3.1.2.4. By Duration 11.3.1.2.5. By Application 11.3.1.2.6. By End Users 11.3.2. Saudi Arabia Rapid Test Kit Market Outlook 11.3.2.1. Market Size & Forecast 11.3.2.1.1. By Value 11.3.2.2. Market Share & Forecast 11.3.2.2.1. By Type 11.3.2.2.2. By Product Type 11.3.2.2.3. By Technology 11.3.2.2.4. By Duration 11.3.2.2.5. By Application 11.3.2.2.6. By End Users 11.3.3. UAE Rapid Test Kit Market Outlook 11.3.3.1. Market Size & Forecast 11.3.3.1.1. By Value 11.3.3.2. Market Share & Forecast 11.3.3.2.1. By Type
  • 15. 15 Table of Contents S. No. Contents Page No. 11.3.3.2.2. By Product Type 11.3.3.2.3. By Technology 11.3.3.2.4. By Duration 11.3.3.2.5. By Application 11.3.3.2.6. By End Users 11.3.4. Kuwait Rapid Test Kit Market Outlook 11.3.4.1. Market Size & Forecast 11.3.4.1.1. By Value 11.3.4.2. Market Share & Forecast 11.3.4.2.1. By Product Type 11.3.4.2.2. By Technology 11.3.4.2.3. By Duration 11.3.4.2.4. By Application 11.3.4.2.5. By End Users 11.3.4.2.6. By Product Type 12. Market Dynamics 12.1. Drivers 12.2. Challenges 13. Market Trends & Developments 14. Competitive Landscape 14.1. F. Hoffmann-La Roche AG 14.2. Abbott Laboratories Ltd. 14.3. Siemens Healthineers AG
  • 16. 16 Table of Contents S. No. Contents Page No. 14.4. OraSure Technologies, Inc. 14.5. Becton, Dickinson and Company 14.6. Bio-Rad Laboratories, Inc. 14.7. Danaher Corporation (Cepheid, Inc.) 14.8. Eurofins Scientific SE 14.9. Luminex Corporation 14.10. PerkinElmer, Inc. 14.11. Cellex, Inc. 14.12. Thermo Fisher Scientific, Inc. 14.13. Mesa Biotech, Inc. 14.14. BioFire Diagnostics, Inc. 14.15. Akers Biosciences, Inc. 15. Strategic Recommendations 16. About Us & Disclaimer
  • 18. 18 Research Methodology  Identifying Key Opinion Leaders  Questionnaire Design  In-depth Interviews Data Collection Developing List of Respondents Formulating Questionnaire Market Profiling Data Validation Data Analysis In-depth secondary research was conducted to determine top players in the global rapid test kit market, overall market size and segmental market size. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. TechSci conducted interviews with industry experts and industry players for data collection and verification. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the global rapid test kit market. Data Collection Data Filter & Analysis Research & Intelligence Actionable Insights Business Solution Primary Research Desk Research Company Analysis  Recent Developments  Market Changing Aspects/Dynamics  Government Policies  Conclusion  Market Participants  Key Strengths  LinkedIn  TechSci Internal Database  Factiva  Hoovers Paid Sources  Company Websites  Company Annual Reports  White Paper Study  Financial Reports  Investor Presentations  Regulatory Body  Associations, etc. Secondary Research Primary Research
  • 19. 19 Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global rapid test kit market. The team has market, while considering the the major influencing factors such as growing prevalence of various infectious diseases. The study clients to take better decisions while planning their strategy to achieve sustainability in the global rapid test kit market. Methodology Followed for Calculation of Market Size: • Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as rapid test kit companies, users, industry experts, and other industry participants. • The team interviewed more than 15 – 20 rapid test kit companies, 100 – 120 end-users, and 15 – 20 industry experts and other value market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique. Taking standard deviation out, to arrive at the market size data during 2016-2020.
  • 20. 20 Research Methodology • Respondents were asked about the current and future market growth rates, market shares by type, by product type, by technology, by duration, by application, by end users, by company and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market share by type, by product type, by technology, by duration, by application, by end users, by company and by region were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of rapid test kit markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: • TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software. • Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global rapid test kit market, TechSci Research used various forecast techniques such as:  Moving Average  Time Series Analysis  Regression Analysis  Econometric and Judgmental Analysis
  • 21. 21 Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources • F. Hoffmann-La Roche AG • Abbott Laboratories Ltd. • Siemens Healthineers AG • OraSure Technologies, Inc. • Becton, Dickinson and Company • Bio-Rad Laboratories, Inc. • Danaher Corporation (Cepheid, Inc.) • Eurofins Scientific SE • Luminex Corporation • PerkinElmer, Inc. • Cellex, Inc. • Thermo Fisher Scientific, Inc. • Mesa Biotech, Inc. • BioFire Diagnostics, Inc. • Akers Biosciences, Inc. • World Bank • TechSci Research Proprietary Database & Knowledge Repository • Company Annual Reports • Industry Magazines • Industry Reports • News Dailies • Credible Paid Databases
  • 22. 22 Industry Brief Increasing prevalence of diseases to drive the growth of global rapid test kit market in the forecast period, 2022-2026. According to TechSci Research report, “Rapid Test Kit Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026” the global rapid test kit market stood at USD23.44 Billion in 2020 and is expected to grow at a steady CAGR of 8.14% during the forecast period on account of growing prevalence of diseases. The growing demand for rapid test kit from various point of care diagnostic centers, homecare, among others is expected to support the market growth through 2026. The growing prevalence of various chronic diseases such as cancer, diabetes, and cardiovascular diseases has significantly increased the patient pool suffering from these diseases worldwide. This in turn has significantly increased the demand for various rapid test kits. These rapid test kits can be used for disease diagnosis and monitoring at home and at various healthcare facilities such as hospitals & clinics, point of care centers, etc. However, the high cost of rapid testing kits leads to affordability constraints, especially in Asia Pacific, South America and Middle East & Africa. Also, poor reimbursement scenario related to rapid test kits across different countries, especially in the developing and under-developed countries, is further expected to restrict and slow down the market growth. Also, stringent regulatory scenario and policies for launching and marketing rapid test kits are expected to significantly hamper the market growth. The US Food and Drug Administration (FDA) is very strict when it comes to classifying diagnostic kits and medical devices in various categories and giving approvals for them. Also, countries that do not follow FDA but have their own regulatory associations are also very strict for product approvals and their market launch. The regulatory framework is quite strict when it comes to product recalls. Furthermore, lack of awareness pertaining to the availability and use of rapid test kits among the population, especially in the developing and under-developed countries, is expected to hamper the market growth during the forecast period. The global rapid test kit market is segmented based on type, product type, technology, duration, application, end user, company and regional distribution. In terms of product type, the market can be divided into over-the-counter rapid test kit and professional rapid test kit. The over-the-counter rapid test kit segment dominated the market in 2020 with a share of around 69.35% on account of the fact that these tests are easy to use in the “near-patient setting” and are a cost-effective alternative to expensive laboratory testing. In terms of technology, the market can be categorized into lateral flow assays, solid phase, agglutination and immunospot assay. The lateral flow assays technology is expected to dominate the market during the forecast period as it is simple to perform and has low manufacturing costs. Lateral flow assays are used across hospitals & clinics, diagnostic centers, and ambulatory care centers for qualitative and quantitative identification of specific antigens, antibodies, and gene amplification products. Also, the use of lateral flow assays in the early detection of COVID-19 has further opened opportunities for growth of this segment. This has got the focus of various companies in developing rapid test kits based on lateral flow assay technology. For instance, in March 2020, Ozo Life announced the launch of its OZO COVID-19 Rapid Test Kits based on lateral flow assay technology. Key market players in the rapid test kit market include F. Hoffmann-La Roche AG, Abbott Laboratories, Inc, Danaher Corporation, Becton, Dickinson and Company, PerkinElmer, Inc., Siemens Healthineers AG, Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., OraSure Technologies, Inc., Biomerieux Inc., ACON Laboratories, Inc., Cellex, Inc., MyMD Pharmaceuticals Inc., Luminex Corporation, Eurofins Scientific SE Global rapid test kit market is consolidated with a lot of well-established players having presence in several countries: with several domestic players possessing leadership in certain regions and countries, among others. F. Hoffmann-La Roche AG holds the highest market share and is among the top five market players globally. Abbott Laboratories, Inc., ranks second in terms of market share in the overall rapid test kit market. The company has a strong presence worldwide and a huge brand value. People in emerging countries are also aware of the presence, product portfolio and business of the company and are preferring it over other competitor brands. Additionally, there are other prominent players such as Danaher Corporation, Becton, Dickinson and Company, PerkinElmer, Inc, among others, holding a significant position in the global rapid test kit market. “The Asia Pacific region will register the fastest CAGR during the forecast period. This can be attributed to the large and growing geriatric population in the region, which is susceptible to different kinds of diseases, especially in countries like China, India, and Japan. Additionally, supportive government policies and healthcare schemes launched by them across different countries in the region is expected to support market growth. For instance, in October 2020, Japan’s Ministry of Health, Labour and Welfare approved the use of Quick Navi-Flu2, a rapid diagnostic kit for detecting influenza virus antigen in the country. This kit is being manufactured by two Japanese firms Denka Company Limited and Otsuka Pharmaceutical Co., Ltd.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.
  • 23. 23 Sample Data – Snapshot Global Rapid Test Kit Market Size, By Value (USD Million), 2016-2026F 5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00 2016 2020 2021E 2026F CAGR BY VALUE: XX% CAGR BY VALUE: XX% Middle East & Africa Rapid Test Kit Market Share, By Type, By Value, 2016–2026F 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F Rapid Antigen Test Rapid Antibody Test Middle East & Africa Rapid Test Kit Market Share, By Product Type, By Value, 2016–2026F 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F Over-the-counter (OTC) Rapid Test Kit South Africa Rapid Test Kit Market Share, By Duration, By Value, 2016–2026F 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F Less than 10 minutes Less than 30 minutes Less than 1 hour 1 hour-2 hour Others
  • 24. 24 Report Ordering Report Name: GLOBAL RAPID TEST KIT MARKET FORECAST & OPPORTUNITIES 2016 – 2026 To View Sample OR Purchase Report License Type Price Single User License $4900 Multi-User License $5900 Custom Research License $8900
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