Paper Diagnostics Market, By Product (Dipsticks, and Lateral Flow Assays), by Device Type (Diagnostics and Monitoring), by Application, by Disease Types, by End Use and Geography (NA, EU, APAC, and RoW) Analysis, Share, Trends, Size, & Forecast From 2014 2025
REPORT HIGHLIGHT
The paper diagnostics market is estimated to represent a global market of USD 5,302 million by 2017 with growth rate of 6.8%.
Market Dynamics
The traditional method for analyzing vital parameters such as glucose, oxygen level, and pH involves drawing of patient’s blood and was sent to the laboratory for analysis. Paper diagnostic technique presents a unique opportunity in analyzing these parameters with the simple, cost-effective and non-invasive method. This technology enables an individual to check vital parameters in-home facilities, and in remote areas. Continuous increase in incidences of communicable and non-communicable diseases such as cancer, tuberculosis, and HIV is considered to be a high impact rendering driver for this industry growth.
For example, as per the World Health Organization (WHO), cancer is considered to be one of the leading causes of mortality and morbidity globally. The organization stated that in 2012 around 14 million cancer cases were recorded across the globe. Paper-based systems offer a simple, affordable and easy method in these disease diagnosis, augmenting the market growth. Other factors such as rising demand for homecare, technological advancements, and increasing government support stimulate the product demand to some extent. However, increasing product recalls is anticipated to hamper user confidence hence pull back the market growth.
Product Takeaway
In terms of products, the global paper diagnostics market is divided as Dipsticks, and Lateral Flow Assays. Around 64% share of the total market is captured by lateral flow assays which are expected to maintain its dominance over the study period. During the year 2025, this segment is projected to capture more than 66% share of the total industry. These assays are widely used in terms of pregnancy tests. High growth of this segment is majorly attributed to the growing demand for miniaturized and non-invasive diagnostic procedures. Furthermore, associated benefits such as improved clinical sensitivity & specificity, better patient compliance, and cost reduction are expected to stimulate the segment growth significantly.
Global Paper Diagnostics Market, by Product, 2017 vs 2025
Device Type Takeaway
Device types segment is bifurcated as Diagnostics and Monitoring. The increasing acceptance of paper method has helped diagnostics segment to record significant revenue share. For instance, the paper-based point of care testing method is widely accepted among end-users as this technique capable of forming effective multiplexing as compared to nitrocellulose material. Associated advantages would, in turn, boost the uptake of paper diagnostics, driving the industry demand. Application segment is categorized into Food quality testing, Environmental monitoring, and Clinical Diagnostics. Among which, environmental monitoring captured approximately 18% share (lowest amongst another application area) of the total market through the study period. Disease types segment is divided into Infectious diseases, Cancer, Liver Disorders, and Other. Whereas, the end-user industry is classified as Research Laboratories, Home Healthcare, and Hospital Settings.
Regional Takeaway
In terms of geography, North America dominated the global market with 42.67% share in 2017. Increasing prevalence of infectious diseases such as tuberculosis, hepatitis, and HIV is expected to stimulate the rapid and effective diagnostic methods, augmenting the growth of this industry. For example, according to the Centres for Disease Control and Prevention data, in 2016, around 9,272 tuberculosis cases were recorded.
As a result, organizations such as the National Institute of Allergy and Infectious Diseases (NIAID) invest considerably to increase awareness about infectious diseases treatment and prevention among the patient population in the U.S. This would, in turn, boost the utilization of paper diagnostic techniques, driving the industry demand. On the contrary, Asia Pacific market is projected to grow with faster CAGR during the study period. Technological advancements such as a combination of nanotechnology with paper diagnostics, aging population, and increasing chronic disease incidences are considered to be a primary driving factor for the regional growth.
Key Vendor Takeaway
Major players operating in this industry include BiognostiX, Alere Inc., Siemens Healthcare, and Bio-Rad Laboratories. Introduction of technologically advanced products and strategic collaborations are considered to be a key parameter for being competitive in this industry. It is noted that established companies are actively engaged in strategic engagements to expand their product offering. For example, in July 2013, Diagnostics For All collaborated with MC10 in order to develop disposable, reader-less and quantitative paper-microfluidic device to measure micronutrients accurately.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Hospitals
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCT
- Dipsticks
- Lateral Flow Assays
MARKET, BY DEVICE TYPE
- Diagnostics
- Monitoring
MARKET, BY APPLICATION
- Food quality testing
- Environmental monitoring
- Clinical Diagnostics
MARKET, BY DISEASE TYPE
- Infectious diseases
- Cancer
- Liver Disorders
- Other
MARKET, BY END USE
- Research Laboratories
- Home Healthcare
- Hospital Settings
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. PAPER DIAGNOSTICS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. PAPER DIAGNOSTICS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. PAPER DIAGNOSTICS INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Market Attractiveness Analysis
4.3. Regulatory Framework Analysis
5. PAPER DIAGNOSTICS MARKET LANDSCAPE
5.1. Market Share Analysis
6. PAPER DIAGNOSTICS MARKET – BY PRODUCT:
6.1. Overview
6.2. Dipsticks
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Lateral Flow Assays
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. PAPER DIAGNOSTICS MARKET – BY DEVICE TYPE
7.1. Overview
7.2. Diagnostics
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Monitoring
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. PAPER DIAGNOSTICS MARKET – BY APPLICATION
8.1. Overview
8.2. Food quality testing
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Environmental monitoring
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Clinical Diagnostics
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. PAPER DIAGNOSTICS MARKET – BY DISEASE TYPE
9.1. Overview
9.2. Infectious diseases
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3. Cancer
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4. Liver Disorders
9.4.1. Overview
9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5. Other
9.5.1. Overview
9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10. PAPER DIAGNOSTICS MARKET – BY END USE
10.1. Overview
10.2. Research Laboratories
10.2.1. Overview
10.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.3. Home Healthcare
10.3.1. Overview
10.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.4. Hospital Settings
10.4.1. Overview
10.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11. PAPER DIAGNOSTICS MARKET– BY GEOGRAPHY
11.1. Introduction
11.2. North America
11.2.1. Overview
11.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.2.3. U.S.
11.2.3.1. Overview
11.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.2.4. Canada
11.2.4.1. Overview
11.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.3. Europe
11.3.1. Overview
11.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.3.3. France
11.3.3.1. Overview
11.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.3.4. Germany
11.3.4.1. Overview
11.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.3.5. Rest of Europe
11.3.5.1. Overview
11.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.4. Asia Pacific (APAC)
11.4.1. Overview
11.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.4.3. China
11.4.3.1. Overview
11.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.4.4. India
11.4.4.1. Overview
11.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.4.5. Rest of APAC
11.4.5.1. Overview
11.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.5. Rest of the World
11.5.1. Overview
11.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.5.3. Latin America
11.5.3.1. Overview
11.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11.5.4. Middle East and Africa
11.5.4.1. Overview
11.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
12. KEY VENDOR ANALYSIS
12.1. BiognostiX
12.1.1. Company Overview
12.1.2. SWOT Analysis
12.1.3. Key Developments
12.2. Alere Inc.
12.2.1. Company Overview
12.2.2. SWOT Analysis
12.2.3. Key Developments
12.3. Siemens Healthcare
12.3.1. Company Overview
12.3.2. SWOT Analysis
12.3.3. Key Developments
12.4. Bio-Rad Laboratories
12.4.1. Company Overview
12.4.2. SWOT Analysis
12.4.3. Key Developments
*Client can request additional company profiling as per specific requirements
13. 360 DEGREE ANALYSTVIEW
14. APPENDIX
14.1. Research Methodology
14.2. Abbreviations
14.3. Disclaimer
14.4. Contact Us
List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PEST Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global Paper Diagnostics Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
Table 10 Paper Diagnostics Market, by Product, 2014 – 2025 (USD Million)
Table 11 Paper Diagnostics Market, by Divice Type, 2014 – 2025 (USD Million)
Table 12 Paper Diagnostics Market, by Application, 2014 – 2025 (USD Million)
Table 13 Paper Diagnostics Market, by Disease Type, 2014 – 2025 (USD Million)
Table 14 Paper Diagnostics Market, by End Use, 2014 – 2025 (USD Million)
Table 15 Paper Diagnostics Market, by Geography, 2014 – 2025 (USD Million)
Table 16 North America Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 17 U.S. Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 18 Canada Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 19 Europe Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 20 France Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 21 Germany Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 22 Asia Pacific Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 23 China Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 24 India Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 25 Latin America Paper Diagnostics Market, 2014 – 2025 (USD Million)
Table 26 MEA Paper Diagnostics Market, 2014 – 2025 (USD Million)
List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Paper Diagnostics Market, by Product, 2014 – 2025 (USD Million)
Figure 6 Paper Diagnostics Market, by Divice Type, 2014 – 2025 (USD Million)
Figure 7 Paper Diagnostics Market, by Application, 2014 – 2025 (USD Million)
Figure 8 Paper Diagnostics Market, by Disease Type, 2014 – 2025 (USD Million)
Figure 9 Paper Diagnostics Market, by End Use, 2014 – 2025 (USD Million)
Figure 10 Paper Diagnostics Market, by Geography, 2014 – 2025 (USD Million)
