How Big is the Rapid Diagnostic Test Market | Manufacturers and Suppliers 2025

Code: MTA8572 Publication Date: Sep 2025

What is the size of Rapid Diagnostic Test Market?

According to 6Wresearch internal database and industry insights, the Rapid Diagnostic Test Market was valued at USD 28.4 billion in 2024 and is expected to reach USD 43.9 billion by 2031, growing at a CAGR of 6.40% during 2025-2031.

The market expansion is attributable to the rise in early disease detection, increased uptake of point-of-care kits, industry upgrades that increase test usability as well as accuracy, and healthcare practices prioritizing convenience. The continuing need for quicker medical decisions, coupled with the growing adoption of self-test kits, also provides a solid basis for long-term market expansion.  

Growth Factors for Rapid Diagnostic Test Market 

  • Increase in the uptake of point-of-care diagnostic devices for rapid patient care.  
  • Increase in demand due to increasing awareness of preventive healthcare.  
  • Increased prevalence of infectious and chronic diseases is driving the uptake of testing.  
  • Development of novel self-testing and home-use diagnostic kits.  
  • Differentiated diagnostic applications in rural and deprived settings.  

Rapid Diagnostic Test Market Trends

Trends in the Rapid Diagnostic Test Market indicate a growing preference for tests that are portable, easy to use, and provide fast testing to support patient-centered delivery of health care. Companies are advancing the development of immunoassays and molecular test kits to provide accuracy and fast results, reducing pressure on laboratory testing.

Another trend is the integration of diagnostic testing with digital platforms, providing remote consultation, app-based tracking of results, and real-time monitoring of health. Affordability and accessibility will continue to drive product innovations and speed up adoption as rapid tests are delivered into a wider variety of health care ecosystems.

Emerging Developments in the Rapid Diagnostic Test Market

The rapid diagnostic test Market developments are focused on multiplex assays, allowing detection of more than one condition, and increasing efficiency for healthcare providers. There is emphasis on non-invasive and easy to administer as formats for usability, without compromising consumer adoption.

Other developments include strategic alliances between the diagnostic industry and digital health companies providing AI enabled interpretation of test results. Biosensor innovations and subscription model distributions of tests are also impacting the evolution of the rapid diagnostic test market.

List of Leading Companies in the Rapid Diagnostic Test Market

Some of the leading companies include:

1. Abbott Laboratories

Company NameAbbott Laboratories
Establishment Year1888
HeadquarterAbbott Park, Illinois, United States
Official WebsiteClick here

Abbott is a global healthcare leader specializing in diagnostics, medical devices, nutrition, and branded generic medicines.

2. F. Hoffmann-La Roche AG

Company NameF. Hoffmann-La Roche AG
Establishment Year1896
HeadquarterBasel, Switzerland
Official WebsiteClick here

Roche is a pioneer in pharmaceuticals and diagnostics, with strong expertise in biotechnology and personalized healthcare solutions.

3. Danaher Corporation

Company NameDanaher Corporation
Establishment Year1984
HeadquarterWashington, D.C., United States
Official WebsiteClick here

Danaher operates in life sciences, diagnostics, and environmental solutions, driving innovation through advanced technologies.

4. Becton, Dickinson and Company (BD)

Company NameBecton, Dickinson and Company (BD)
Establishment Year1897
HeadquarterFranklin Lakes, New Jersey, United States
Official WebsiteClick here

BD is a leading medical technology company focused on diagnostics, biosciences, and advanced healthcare solutions.

5. bioMérieux SA

Company NamebioMérieux SA
Establishment Year1963
HeadquarterMarcy-l'Étoile, France
Official WebsiteClick here

bioMérieux specializes in in-vitro diagnostics, particularly in infectious disease testing and microbiology.

6. PerkinElmer, Inc.

Company NamePerkinElmer, Inc.
Establishment Year1937
HeadquarterWaltham, Massachusetts, United States
Official WebsiteClick here

PerkinElmer provides life sciences, diagnostics, and applied markets solutions, including analytical instruments and services.

7. Siemens Healthineers AG

Company NameSiemens Healthineers AG
Establishment Year2017 (roots back to 1847 under Siemens)
HeadquarterErlangen, Germany
Official WebsiteClick here

Siemens Healthineers is a global leader in medical imaging, diagnostics, and advanced digital healthcare solutions.

8. Thermo Fisher Scientific, Inc.

Company NameThermo Fisher Scientific, Inc.
Establishment Year2006 (through merger; roots in 1956)
HeadquarterWaltham, Massachusetts, United States
Official WebsiteClick here

Thermo Fisher provides scientific instruments, diagnostics, and laboratory solutions for life sciences and healthcare.

9. Bio-Rad Laboratories, Inc.

Company NameBio-Rad Laboratories, Inc.
Establishment Year1952
HeadquarterHercules, California, United States
Official WebsiteClick here

Bio-Rad develops products for life sciences research and clinical diagnostics, with strong expertise in biotechnology.

10. ACON Laboratories, Inc.

Company NameACON Laboratories, Inc.
Establishment Year1995
HeadquarterSan Diego, California, United States
Official WebsiteClick here

ACON Laboratories provides rapid diagnostic and medical device solutions, focusing on affordable global healthcare.

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