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Paper Diagnostics Market Share, Global Insights and Overview To 2022: Hexa Reports

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Global paper diagnostics market is expected to reach USD 8.35 billion by 2022, according to a new report by Grand View Research, Inc. Increasing prevalence of infectious disorders and lifestyle associated diseases such as diabetes coupled with risin
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Paper Diagnostics Market Analysis, Share and Size,
Emerging Trends, Overview and Outlook, Growth And
Segment Forecasts To 2022
Global paper diagnostics market is expected to reach USD 8.35 billion by 2022, according to a new
report by Grand View Research, Inc. Increasing prevalence of infectious disorders and lifestyle
associated diseases such as diabetes coupled with rising geriatric population base is expected to present
this market with lucrative growth opportunities.
In addition, rising adoption of cost effective and easily accessible rapid POC diagnostics especially in the
developing economies of Asia Pacific region is expected to boost market growth over the forecast
period. Furthermore, growing incidence rates of cancer is expected to serve paper diagnostics market as
a driver.
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As reported by WHO, in 2012, cancer was among the prime causes of mortality worldwide with 8.2
cancer associated deaths and 14 million new cases, thereby expected to propel the need for
development of rapid, portable and cost-effective paper diagnostics.
Introduction of technologically advanced paper based sensor, 3D wax printing devices have potential
advantages over conventional technologies, associated benefits such as disposable nature, user
friendliness and low cost of fabrication are the factors attributing towards the growth of this industry.
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Further key findings from the study suggest:
Lateral flow assays dominated the product market in terms of revenue share as of 2014, at over 65% of
market owing to high adoption rates and introduction of fluid actuated valves which are embedded in
paper enabling manipulation of fluids & reagents in imunodetection tests.
Demand for diagnostics devices such as paper based microfluidics, and other upgraded technology
based on fluidics for confirmatory tests is expected to heighten over the forecast period owing to
increasing R&D activities assuring inflow of novel products in the industry. High cost of quantitative tests
and growing awareness pertaining to associated benefits with adoption of these technologies are
growth propellers for this market.
Clinical diagnostics segment is expected to gain market share of over 45% over the forecast period due
to rising demand for cost effective screening tests for infectious diseases and cancer. Increasing usage of
microfluidics, and paper based biosensors in the diagnosis of liver disorders and diseases such as HIV,
malaria, and dengue the segment is anticipated to be instrumental in providing lucrative growth
platform during the forecast period.
Biotech-Pharma research segment is expected to grow with lucrative CAGR of 8.1% owing to increasing
R&D activities for the development of paper based analytical devices for diseases diagnosis.
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For example, in October 2015, Alere Ltd. UK in collaboration with other market players initiate the
project for the development of laser printable point of care sensors which enables laser based printing
for biological material. This study helps in the detection of specific disease such as tuberculosis and
reducing the detection time
Major players operating in the paper diagnostics market include Diagnostics For All, BiognostiX,
Navigene Genetic Science Pvt. Ltd., Micro Essential Laboratory, Kenosha C.V., GVS Filter Technology,
Alere Inc., Bio-Rad Laboratories, and Siemens Healthcare. Market leaders are involved in extensive
research for the development of cost efficient, accurate, sensitive paper based microfluidics.
Table Of Content
Chapter 1. Methodology and Scope
1.1. Research methodology
1.2. Research scope & assumptions
1.3. List of data sources
Chapter 2. Executive Summary
2.1. Paper Diagnostics– Industry Snapshot And Key Buying Criteria, 2012-2022
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Chapter 3. Paper Diagnostics Industry Outlook
3.1. Paper diagnostics market segmentation
3.2. Paper diagnostics market size and growth prospects
3.3. Paper diagnostics market dynamics
3.4. Key opportunities prioritized
3.5. Industry Analysis - Porter's
3.6. Paper diagnostics market PESTEL analysis, 2014
Chapter 4. Paper Diagnostics Product Outlook
4.1. Paper diagnostics market share by product, 2014 & 2022
4.2. Dipsticks
4.3. Lateral Flow Assays
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Chapter 5. Paper Diagnostics Device Type Outlook
5.1. Paper diagnostics revenue share by type of device, 2013 & 2020
5.2. Diagnostics Devices
5.3. Monitoring Devices
Chapter 6. Paper Diagnostics Application Outlook
6.1. Paper diagnostics revenue share by application, 2013& 2020
6.2. Clinical Diagnostics
6.3. Food Quality Testing
6.4. Environmental Monitoring
Chapter 7. Paper Diagnostics End-use Outlook
7.1. Paper diagnostics revenue share by end-use, 2013& 2020
7.2. Home Healthcare
7.3. Biotech-Pharma Research
7.4. Hospitals
7.5. Others
Chapter 8. Paper Diagnostics Regional Outlook
8.1. Paper diagnostics market share by region, 2014 & 2022
8.2. North America
8.3. Europe
8.4. Asia Pacific
8.5. Latin America
8.6. MEA
Chapter 9. Competitive Landscape
9.1. Diagnostics For All
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9.2. BiognostiX
9.3. Navigene Genetic Science Pvt Ltd.
9.4. Micro Essential Laboratory
9.5. Kenosha C.V.
9.6. GVS Filter Technology Inc.
9.7. Alere Inc.
9.8. Bio-Rad Laboratories
9.9. Siemens Healthcare
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