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Global Rapid Test Kit Markets 2021-2026 by Type, Product, Technology, Duration, Application, End Users, & Region


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The Global Rapid Test Kit Market was valued at USD 23.44 Billion in 2020 and is expected to grow at a formidable rate of 8.14% during the forecast period.
The Global Rapid Test Kit Market is driven by the growing prevalence of various infectious diseases. Additionally, benefits associated with rapid test kits such as low cost, accuracy, early disease diagnosis, quick results, stability at high temperature, among others are further expected to propel the market growth through 2026.
Moreover, sudden outbreak and spread of pandemic COVID-19 has drastically increased the demand for rapid test kits, thereby fueling the market growth during the forecast period. Many major biotechnology and pharmaceutical companies have developed their own rapid test kits, and many are still investing, researching and working on the development of better and advanced rapid test kits. This in turn is expected to ....

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Cocaine Rapid Test Kit Market Size, Share, Industry Trends, Leading Players, and Forecast 2020-2027 – Business


iCrowdNewswire   Jan 25, 2021  4:30 PM ET
“Global cocaine rapid test kit market is expected to register a significant CAGR of over 8% from 2020 to 2027”
The global cocaine rapid test kit market size was accounted for USD 317 million in 2020 and projected to grow at a significant CAGR of 8.1% during the forecast period 2021 to 2027 and expected to reach around USD 550 million by 2027. The increasing incidence of substance abuse among the young population across the world is a key factor to drive the market growth.
The global cocaine rapid test kit market is segmented into type, end-user, and geography. On the basis of type, the market is further classified into the urine, saliva, and other types of test kits. The urine segment held the largest market share in 2020 and projected to grow at the growth rate over the forecast period. The segment growth is attributed to the increasing use of urine test kit due to reliable and time-efficient testing features. ....

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