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NEW YORK, Dec. 14, 2020 /PRNewswire/ -- The global rapid medical diagnostic kits market size is predicted to reach
USD 23.04 billion by 2027 according to a new study conducted by
Polaris Market Research. The market is anticipated
to register a CAGR 4.2% From 2020 – 2027 Increasing cases of infectious diseases, cardiovascular diseases, and chronic diseases are primary factors responsible for the surge in demand for the global rapid medical diagnostic kits market. A rise in awareness among consumers regarding the adoption of such medical kits is anticipated to fuel the growth of the global market. The rising investment by public-private institutions, new product developments, and awareness campaigns by governments are some of the key factors creating new growth avenues for the global rapid medical diagnostic kits market. An increase in the prevalence of