Global Rapid Diagnostics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Over The Counter (OTC) Kits and Professional Kits

By Application;

Blood Glucose Testing, Cardiometabolic Testing, Infectious Disease Testing, Pregnancy & Fertility Testing, Fecal Occult Testing, Toxicology Testing, and Coagulation Testing

By Technology;

Lateral Flow, Agglutination, Solid Phase, and Other Technologies

By End-Use;

Hospitals & Clinics, Clinical Diagnostic Laboratories, and Home Care Settings

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn231546662 Published Date: May, 2025 Updated Date: June, 2025

Rapid Diagnostics Market Overview

Rapid Diagnostics Market (USD Million)

Rapid Diagnostics Market was valued at USD 28,189.64 million in the year 2024. The size of this market is expected to increase to USD 39,533.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Global Rapid Diagnostics Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 28,189.64 Million
Market Size (2031)USD 39,533.62 Million
Market ConcentrationMedium
Report Pages306
28,189.64
2024
39,533.62
2031

Major Players

  • Abbott Laboratories
  • Roche Diagnostics
  • Danaher Corporation (Beckman Coulter)
  • Siemens Healthineers
  • Becton, Dickinson and Company (BD)
  • bioMérieux SA
  • Thermo Fisher Scientific Inc.
  • Quidel Corporation
  • Cepheid (a subsidiary of Danaher)
  • Ortho Clinical Diagnostics

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Rapid Diagnostics Market

Fragmented - Highly competitive market without dominant players


The Rapid Diagnostics Market is witnessing robust growth, driven by the need for quick and precise diagnostic solutions. Rapid diagnostic tests (RDTs) have become essential for immediate clinical decisions, significantly reducing patient wait times and enhancing overall healthcare efficiency. Currently, around 40% of all diagnostic tests worldwide utilize rapid methods, highlighting their growing role in modern healthcare.

Rising Demand for Point-of-Care Testing
The shift toward point-of-care (POC) testing is a major factor propelling market expansion. These tests eliminate the delays associated with centralized labs, offering immediate results and faster treatment. Nearly 50% of healthcare facilities now integrate POC testing into routine care, reflecting the demand for speed and accuracy in diagnostics.

Technological Advancements
Technological progress in biosensors, microfluidics, and molecular diagnostics is transforming the rapid diagnostics market. These advancements have reduced patient turnaround times by nearly 35%, enhancing diagnostic precision and supporting better patient outcomes.

Expanding Applications
Beyond hospitals and clinics, rapid diagnostics are now widely used in home care, emergency settings, and remote medical missions. Nearly 30% of rapid diagnostic devices are designed for non-traditional settings, emphasizing their versatility and patient-centered approach.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Technology

    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Rapid Diagnostics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Demand for quick and accurate diagnostic solutions
        2. Advancements in technology
        3. Increasing prevalence of infectious diseases
      2. Restraints
        1. Regulatory challenges and approval processes
        2. Limited accessibility and affordability
        3. Concerns about accuracy and reliability
      3. Opportunities
        1. Research and development investments
        2. Healthcare infrastructure expansion
        3. Emerging applications in personalized medicine
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Rapid Diagnostics Market, By Product, 2021 - 2031 (USD Million)
      1. Over the Counter (OTC) Kits
      2. Professional Kits
    2. Rapid Diagnostics Market, By Application, 2021 - 2031 (USD Million)
      1. Blood glucose testing
      2. Cardiometabolic testing
      3. Infectious disease testing
      4. Pregnancy and fertility testing
      5. Fecal occult testing
      6. Toxicology testing
      7. Coagulation testing
    3. Rapid Diagnostics Market, By Technology, 2021 - 2031 (USD Million)

      1. Lateral Flow

      2. Agglutination

      3. Solid Phase

      4. Other Technologies

    4. Rapid Diagnostics Market, By End-Use, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Clinical Diagnostic Laboratories
      3. Home Care Settings
    5. Rapid Diagnostics Market, By Geography, 2021 - 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Roche Diagnostics
      3. Danaher Corporation (Beckman Coulter)
      4. Siemens Healthineers
      5. Becton, Dickinson and Company (BD)
      6. bioMérieux SA
      7. Thermo Fisher Scientific Inc.
      8. Quidel Corporation
      9. Cepheid (a subsidiary of Danaher)
      10. Ortho Clinical Diagnostics
  7. Analyst Views
  8. Future Outlook of the Market