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Academic and research institutes

in General Fri Nov 01, 2019 8:49 am
by acdbke | 151 Posts

Paper Diagnostics Market Solutions | Challenges and Global Market Analysis | Forecast To 2022
by rahulkumar38471 · October 31 Wesley Johnson Jersey , 2018


31 Oct 2018 – Global Paper Diagnostics Market is expected to reach USD 8.35 billion by 2022. Paper diagnostics are the tools that are rugged enough, simple to use, and cheap for rural areas that could save thousands of lives across the globe. A disposable and versatile test that may analyze blood or urine for indication of chronic conditions or infectious diseases. The paper diagnostics market is estimated to grow at a significant CAGR of 7.5% over the forecast period as the scope and its applications are rising enormously across the globe.




The factors that are playing a major role in the growth of the paper diagnostics market are growing occurrence of diseases that can be monitored or diagnosed with paper diagnostics, growing number of patients suffering from diabetes, and benefits like cost-efficient Austin Rivers Jersey , fast results, and less complexity. However, the presence of alternatives may restrain overall market growth in the years to come. Paper diagnostics industry is segmented based on product type, device type, application Patrick Beverley Jersey , end-user, and region. Lateral flow assays and dipsticks are the product types that could be explored in paper diagnostics in the forecast period.


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Lateral flow assays sector accounted for the significant market share of paper diagnostics in terms of revenue and is estimated to continue with its dominance in the years to come. This could be because of its extensive usage in the form of pregnancy tests across the globe.


Monitoring devices and diagnostic devices are the device types that could be explored in paper diagnostics in the forecast period. Diagnostic devices sector accounted for the substantial market share of paper diagnostics and is estimated to grow at highest CAGR in the years to come. The reason behind the overall market growth could be high flexibility and adaptability and application in food pathogen detection and infectious diseases diagnosis. In addition, monitoring devices sector is estimated to grow at the fastest pace in the years to come.


The market may be categorized based on applications like environmental monitoring, clinical diagnostics, food quality Sam Dekker Jersey , and others could be explored in the forecast period. The clinical diagnostics sector accounted for the substantial market share of paper diagnostics and is estimated to grow at highest CAGR in the years to come. The reason could be the growing occurrence of infectious diseases, liver disorders, and cancer.


Academic and research institutes, hospitals, home healthcare Louis Williams Clippers Jersey , clinical diagnostic laboratories, and other end-users could be explored in paper diagnostics in the forecast period. Hospitals sector accounted for the significant market share of paper diagnostics and is estimated to lead the overall market in the years to come. The reason behind the growth could be increasing use of paper-based tests in primary clinical diagnosis.


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Globally, North America accounted for the significant market share of paper diagnostics and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be rising awareness among consumers regarding paper diagnostics, growing occurrence of diseases like HIV, hepatitis Danilo Gallinari Clippers Jersey , and cancer, and government initiative.

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