Rapid Testing Market 2023 Size, Share & Global Forecast

Report Description

Global Rapid Testing Market is projected to reach USD 15.85 Billion by 2023, witnessing growth at a CAGR of over 7%, in value terms owing to increasing outbreak of food-borne diseases globally due to contamination of food. Moreover, the increasing demand for time saving and accurate test results coupled with the growing government investments in R&D globally, will propel the growth of the market in the forecast period. Based on the contaminant, the Global Rapid Testing Market is led by pathogens segment, which is expected to maintain its position during the forecast period as well due to increasing outbreaks of foodborne diseases caused by contaminated food in the developing as well as developed countries. Based on the technology, the PCR segment holds the largest market share and is projected to lead the market in the forecast period as it is a faster, more reliable method that covers a very broad range of pathogens. North America leads the Rapid Testing Market due to strict regulations imposed by the government to ensure food quality and safety. Asia-Pacific region is projected to grow at the highest CAGR in the future due to growing investments in food testing by countries like India and China.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

To analyse and forecast the market size of Global Rapid Testing Market, in terms of value.
To classify and forecast Global Rapid Testing Market based on contaminant, technology, food tested and regional distribution.
To identify drivers and challenges for Global Rapid Testing Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Rapid Testing Market.
To conduct the pricing analysis for Global Rapid Testing Market.
To identify and analyse the profile of leading Testing kit providers in the Global Rapid Testing Market.

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Some of the leading players in the Global Rapid Testing Market are SGS S.A, Bureau Veritas S.A., Intertek Group PLC, Eurofins Scientific, Silliker Inc, IFP Institut Für Produktqualität GmbH, ALS Limited, Asurequality, Microbac Laboratories Inc, Genetic Id Na Inc. etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Testing kit providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Rapid Testing Market testing kit providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the retailers, distribution channels and presence of all major Testing kit providers across the globe.

TechSci Research calculated the market size of Global Rapid Testing Market using a bottom-up approach, where data for various product types recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Rapid Testing Kit Providers
Dealers, and Suppliers
Regulatory organizations.
Food processing industries.
Raw material suppliers and distributors.
Research organizations and consulting companies.
Biotechnology Companies.
Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Testing kit providers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Rapid Testing Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Contaminant:

Pathogens
Meat Speciation
GMOs
Allergens
Pesticides
Mycotoxins
Heavy Metals
Others

Market, By Technology:

PCR
Immunoassay
Chromatography
Spectroscopy

Market, By Food Tested:

Meat & Seafood Products
Dairy Products
Processed Food
Fruits & Vegetables
Cereals & Grains
Nuts Seeds & Spices
Crops
Others

Market, by Region:

Asia Pacific

§ China

§ India

§ Japan

§ South Korea

Australia
Singapore
Malaysia

Europe

§ France

§ Germany

§ United Kingdom

§ Italy

§ Spain

North America

§ United States

§ Mexico

§ Canada

South America

§ Brazil

§ Argentina

§ Colombia

Middle East and Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Rapid Testing Market segment.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customers

4.1.1. Brand Awareness

4.1.2. Brand Satisfaction

4.1.3. Factors Influencing Purchase Decisions

4.1.4. Product Awareness

5. Global Rapid Testing Production Overview

6. Global Rapid Testing Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Contaminant (Pathogens, Meat Speciation, GMOs, Allergens, Pesticides, Mycotoxins, Heavy Metals and Others)

6.2.2. By Technology (PCR, Immunoassay, Chromatography and Spectroscopy)

6.2.3. By Food Tested (Meat & Seafood Products, Dairy Products, Processed Food, Fruits & Vegetables, Cereals & Grains, Nuts Seeds & Spices, Crops and Others)

6.2.4. By Company

6.2.5. By Region

6.3. Market Attractiveness Index

7. Asia-Pacific Rapid Testing Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Contaminant

7.2.2. By Technology

7.2.3. By Food Tested

7.2.4. By Country

7.3. Market Attractiveness Index

7.4. Asia-Pacific: Country Analysis

7.4.1. India Rapid Testing Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Contaminant

7.4.1.2.2. By Food Tested

7.4.2. Japan Rapid Testing Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Contaminant

7.4.2.2.2. By Food Tested

7.4.3. Russia Rapid Testing Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Contaminant

7.4.3.2.2. By Food Tested

7.4.4. Australia Rapid Testing Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Contaminant

7.4.4.2.2. By Food Tested

7.4.5. China Rapid Testing Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Contaminant

7.4.5.2.2. By Food Tested

8. Europe Countries Rapid Testing Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Contaminant

8.2.2. By Technology

8.2.3. By Food Tested

8.2.4. By Country

8.3. Market Attractiveness Index

8.4. Europe: Country Analysis

8.4.1. United Kingdom Rapid Testing Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Contaminant

8.4.1.2.2. By Food Tested

8.4.2. Italy Rapid Testing Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Contaminant

8.4.2.2.2. By Food Tested

8.4.3. France Rapid Testing Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Contaminant

8.4.3.2.2. By Food Tested

8.4.4. Germany Rapid Testing Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Contaminant

8.4.4.2.2. By Food Tested

8.4.5. Poland Rapid Testing Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Contaminant

8.4.5.2.2. By Food Tested

8.4.6. Austria Rapid Testing Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Contaminant

8.4.6.2.2. By Food Tested

8.4.7. Romania Rapid Testing Market Outlook

8.4.7.1. Market Size & Forecast

8.4.7.1.1. By Value

8.4.7.2. Market Share & Forecast

8.4.7.2.1. By Contaminant

8.4.7.2.2. By Food Tested

8.4.8. Netherlands Rapid Testing Market Outlook

8.4.8.1. Market Size & Forecast

8.4.8.1.1. By Value

8.4.8.2. Market Share & Forecast

8.4.8.2.1. By Contaminant

8.4.8.2.2. By Food Tested

9. North America Rapid Testing Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Contaminant

9.2.2. By Technology

9.2.3. By Food Tested

9.2.4. By Country

9.3. Market Attractiveness Index

9.4. North America: Country Analysis

9.4.1. United States Rapid Testing Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Contaminant

9.4.1.2.2. By Food Tested

9.4.2. Mexico Rapid Testing Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Contaminant

9.4.2.2.2. By Food Tested

9.4.3. Canada Rapid Testing Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Contaminant

9.4.3.2.2. By Food Tested

10. South America Rapid Testing Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Contaminant

10.2.2. By Technology

10.2.3. By Food Tested

10.2.4. By Country

10.3. Market Attractiveness Index

10.4. South America: Country Analysis

10.4.1. Brazil Rapid Testing Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Contaminant

10.4.1.2.2. By Food Tested

10.4.2. Argentina Rapid Testing Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Contaminant

10.4.2.2.2. By Food Tested

10.4.3. Colombia Rapid Testing Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Contaminant

10.4.3.2.2. By Food Tested

11. Middle East & Africa Rapid Testing Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Contaminant

11.2.2. By Technology

11.2.3. By Food Tested

11.2.4. By Country

11.3. Market Attractiveness Index

11.4. MEA: Country Analysis

11.4.1. South Africa Rapid Testing Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Contaminant

11.4.1.2.2. By Food Tested

11.4.2. Saudi Arabia Rapid Testing Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Contaminant

11.4.2.2.2. By Food Tested

11.4.3. UAE Rapid Testing Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Contaminant

11.4.3.2.2. By Food Tested

11.4.4. Qatar Rapid Testing Market Outlook

11.4.4.1. Market Size & Forecast

11.4.4.1.1. By Value

11.4.4.2. Market Share & Forecast

11.4.4.2.1. By Contaminant

11.4.4.2.2. By Food Tested

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Supply Chain Analysis

14. Market Trends & Developments

15. Policy & Regulatory

16. Competitive Landscape

17. Strategic Recommendations

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