Market Overview:
The global paper diagnostics market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for point-of-care (POC) tests, rising prevalence of infectious diseases, and growing awareness about early diagnosis and treatment. The lateral flow assay kits segment is expected to account for the largest share of the global paper diagnostics market in 2018. This segment is also projected to grow at the highest CAGR during the forecast period. The high growth in this segment can be attributed to factors such as technological advancements in lateral flow assay kits and their growing use in POC tests. The hospitals segment is expected to account for the largest share of the global paper diagnostics market in 2018.
Product Definition:
Paper diagnostics is a term used for the various techniques used to test the quality of paper. This includes making physical and chemical tests on paper samples in order to determine their properties, such as brightness, opacity, thickness and printability. Paper diagnostics is important because it allows manufacturers and consumers to identify problems with the quality of paper and take corrective action.
Lateral Flow Assay Kits:
Lateral Flow Assay (LF) is a method used for the detection of specific substances in an insoluble form. It is majorly used for the detection of antibodies, hormones, and enzymes in urine and serum samples. LF assay kits are widely applied in clinical laboratories to detect various infectious diseases such as HIV-1 infection, Hepatitis B & C virus infections, Herpes Simplex Virus (HSV), Chlamydia trachomatis infection among others.
Dipsticks:
Dipsticks are small test tubes or cards used in the detection of specific antibodies or antigens. They are available as pre-filled syringes in various configurations and sizes for different applications such as food testing, disease testing, drug abuse monitoring, and infectious diseases diagnosis. Dipsticks have a greater surface area which allows more accurate results compared to other diagnostic tests.
Application Insights:
The market is segmented into hospitals, clinical diagnostic laboratories, home healthcare, and academic and research institutes. Hospitals held the largest share in 2017 owing to the presence of a large number of government-supported healthcare facilities coupled with an increase in prevalence of infectious diseases. The growth in hospital-acquired infections due to MDROs is increasing significantly which requires rapid diagnosis for treatment. This factor has led to an increased demand for paper diagnostics kits that are relatively economical as compared to automated systems.
Clinical diagnostic laboratories accounted for second-largest share on account of their focus on testing accuracy along with speed and convenience that comes along with them at reasonable costs as compared to automated systems during peak hours when there is a rise in demand for laboratory tests performed by these centers.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high investment in R&D and increasing demand for rapid diagnostic solutions. The Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to rising healthcare expenditure, improving healthcare infrastructure and growing awareness among people about early diagnosis. Moreover, an increase in chronic diseases burden will boost market growth during the forecast period as lateral flow systems are highly accurate and provide reliable results quickly enabling doctors/nurses with immediate decisions for treatment options.
The Latin American region is anticipated to witness significant growth over the next eight years due to factors such as economic development leading towards improvement in living standards which has led towards rise in prevalence of infectious & chronic diseases along with government initiatives supporting research activities pertaining toward development of new diagnostic techniques that would help curb disease transmission thus boosting product demand across this region.
Growth Factors:
- Increasing demand for early and accurate diagnosis of diseases
- Rising prevalence of chronic diseases
- Technological advancements in the field of diagnostics
- Growing awareness about preventive health care
- Increasing demand for personalized medicine
Scope Of The Report
Report Attributes
Report Details
Report Title
Paper Diagnostics Market Research Report
By Type
Lateral Flow Assay Kits, Dipsticks
By Application
Hospitals, Clinical Diagnostic Laboratories, Home Healthcare, Academic And Research Institutes
By Companies
Abbott, Bio-Rad Laboratories, Siemens Healthcare, Abcam, Abingdon Health, ACON Laboratories, ARKRAY, BBI Solutions, BIOPORTO, Chembio Diagnostic Systems, Cytodiagnostics, DCN Diagnostics, Innova Biosciences, NanoHybrids, SD Biosensor, Sigma-Aldrich (Merck Millipore), Surmodics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Paper Diagnostics Market Report Segments:
The global Paper Diagnostics market is segmented on the basis of:
Types
Lateral Flow Assay Kits, Dipsticks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinical Diagnostic Laboratories, Home Healthcare, Academic And Research Institutes
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott
- Bio-Rad Laboratories
- Siemens Healthcare
- Abcam
- Abingdon Health
- ACON Laboratories
- ARKRAY
- BBI Solutions
- BIOPORTO
- Chembio Diagnostic Systems
- Cytodiagnostics
- DCN Diagnostics
- Innova Biosciences
- NanoHybrids
- SD Biosensor
- Sigma-Aldrich (Merck Millipore)
- Surmodics
Highlights of The Paper Diagnostics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lateral Flow Assay Kits
- Dipsticks
- By Application:
- Hospitals
- Clinical Diagnostic Laboratories
- Home Healthcare
- Academic And Research Institutes
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Paper Diagnostics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Paper diagnostics is a term used to describe the use of paper as a medium for diagnostic testing. Paper can be used to test for various chemicals, metals, and other substances.
Some of the key players operating in the paper diagnostics market are Abbott, Bio-Rad Laboratories, Siemens Healthcare, Abcam, Abingdon Health, ACON Laboratories, ARKRAY, BBI Solutions, BIOPORTO, Chembio Diagnostic Systems, Cytodiagnostics, DCN Diagnostics, Innova Biosciences, NanoHybrids, SD Biosensor, Sigma-Aldrich (Merck Millipore), Surmodics.
The paper diagnostics market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paper Diagnostics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Paper Diagnostics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paper Diagnostics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Paper Diagnostics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Paper Diagnostics Market Size & Forecast, 2018-2028
4.5.1 Paper Diagnostics Market Size and Y-o-Y Growth
4.5.2 Paper Diagnostics Market Absolute $ Opportunity
Chapter 5 Global Paper Diagnostics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Paper Diagnostics Market Size Forecast by Type
5.2.1 Lateral Flow Assay Kits
5.2.2 Dipsticks
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Paper Diagnostics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Paper Diagnostics Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinical Diagnostic Laboratories
6.2.3 Home Healthcare
6.2.4 Academic And Research Institutes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paper Diagnostics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Paper Diagnostics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Paper Diagnostics Analysis and Forecast
9.1 Introduction
9.2 North America Paper Diagnostics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Paper Diagnostics Market Size Forecast by Type
9.6.1 Lateral Flow Assay Kits
9.6.2 Dipsticks
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Paper Diagnostics Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinical Diagnostic Laboratories
9.10.3 Home Healthcare
9.10.4 Academic And Research Institutes
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Paper Diagnostics Analysis and Forecast
10.1 Introduction
10.2 Europe Paper Diagnostics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Paper Diagnostics Market Size Forecast by Type
10.6.1 Lateral Flow Assay Kits
10.6.2 Dipsticks
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Paper Diagnostics Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinical Diagnostic Laboratories
10.10.3 Home Healthcare
10.10.4 Academic And Research Institutes
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Paper Diagnostics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Paper Diagnostics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Paper Diagnostics Market Size Forecast by Type
11.6.1 Lateral Flow Assay Kits
11.6.2 Dipsticks
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Paper Diagnostics Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinical Diagnostic Laboratories
11.10.3 Home Healthcare
11.10.4 Academic And Research Institutes
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Paper Diagnostics Analysis and Forecast
12.1 Introduction
12.2 Latin America Paper Diagnostics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Paper Diagnostics Market Size Forecast by Type
12.6.1 Lateral Flow Assay Kits
12.6.2 Dipsticks
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Paper Diagnostics Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinical Diagnostic Laboratories
12.10.3 Home Healthcare
12.10.4 Academic And Research Institutes
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Paper Diagnostics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Paper Diagnostics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Paper Diagnostics Market Size Forecast by Type
13.6.1 Lateral Flow Assay Kits
13.6.2 Dipsticks
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Paper Diagnostics Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinical Diagnostic Laboratories
13.10.3 Home Healthcare
13.10.4 Academic And Research Institutes
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Paper Diagnostics Market: Competitive Dashboard
14.2 Global Paper Diagnostics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Bio-Rad Laboratories
14.3.3 Siemens Healthcare
14.3.4 Abcam
14.3.5 Abingdon Health
14.3.6 ACON Laboratories
14.3.7 ARKRAY
14.3.8 BBI Solutions
14.3.9 BIOPORTO
14.3.10 Chembio Diagnostic Systems
14.3.11 Cytodiagnostics
14.3.12 DCN Diagnostics
14.3.13 Innova Biosciences
14.3.14 NanoHybrids
14.3.15 SD Biosensor
14.3.16 Sigma-Aldrich (Merck Millipore)
14.3.17 Surmodics
