How Big is the Rapid Test Kit Market | Industry Trends & Forecast 2025

Code: MTA8574 Publication Date: Sep 2025

What is the size of Rapid Test Kit Market?

According to 6Wresearch internal database and industry insights, the Global Rapid Test Kit Market was valued at USD 2.8 billion in 2024 and is expected to reach USD 4.07 billion by 2031, growing at a compound annual growth rate of 7.03% during the forecast period (2025-2031).

The rapid test kit industry is steadily expanding, as demand for point-of-care diagnostics, faster detection methods, and better accuracy in medical testing continues to increase. Furthermore, rising adoption among people in healthcare settings, at home, and in workplace testing clearly provides a positive outlook for this industry. 

Growth Factors for Rapid Test Kit Market

  • A greater preference for point-of-care diagnostic solutions, as they provide quicker results.
  • Growth in the use of self-testing kits in households and workplaces.
  • transformational applications across infectious diseases and chronic diseases.
  • Increase in investment in portable testing technologies and user-friendliness.
  • Greater demand for testing in travel, workplace safety, and healthcare facilities.

Rapid Test Kit Market Trends

Market trends for the rapid test kit indicate a significant trend towards portable, easy-to-use, and inexpensive diagnostic tools. Healthcare professionals continue to place greater emphasis on faster turnaround times and increased convenience for the patient, and there has been an increase in the use of home-use and on-the-spot testing kits. 

There is also an increasing trend around portable test kits that have digital capabilities that would allow an immediate shareable result with a healthcare system. Trends also indicate a continued advancement of immunoassay-based test kits, environmentally friendly packaging, and customizable diagnosis that enables a screening process for multiple diseases.

Emerging Developments in the Rapid Test Kit Market

The developments in the rapid test kit market indicate much technological advancement in the detection of biomarker testing and multiplex testing. Manufacturers continue to promote next-generation test kits that promise both speed but also higher sensitivity and accuracy, and those that meet the needs of both infectious and non-infectious conditions.

Simultaneously, new-product launches indicate a thrust to include mobile-app connectivity, user-friendly or usability-enhancing design features, and expansion of disease coverage. Also, companies are entering partnerships with health care providers and diagnostic laboratories to increase market access and enhance the competitive advantage in the rapid test kits market.

List of Leading Companies in the Rapid Test Kit Market

Some of the leading companies include:

  • Abbott Laboratories
  • F. Hoffmann-La Roche AG
  • Becton, Dickinson and Company (BD)
  • bioMérieux SA
  • Danaher Corporation
  • PerkinElmer, Inc.
  • Siemens Healthineers AG
  • Thermo Fisher Scientific, Inc.
  • Bio-Rad Laboratories, Inc.
  • OraSure Technologies, Inc.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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