Reports and Insights

With a predicted value of $77,095.6 million by 2031, the global market for fast diagnostics is expected to experience extraordinary growth. From 2021 to 2031 , the market is anticipated to develop at a consistent annual growth rate of 7.4%. The increasing need for point-of-care (POC) diagnostics, the prevalence of chronic diseases and the ageing population, the need for quick decisions in emergency rooms, increased awareness of early disease diagnosis, and new technological advancements are some of the major forces driving this growth. The rising need for POC diagnostics is one of the main reasons propelling the fast Rapid Diagnostics Market expansion. Point-of-care testing enables healthcare practitioners to make prompt treatment decisions by enabling speedy and accurate diagnosis at the patient's bedside or in non-laboratory settings. POC diagnostics are especially important in emergency settings, where a prompt and accurate diagnosis can have a big impact on the course of trea...