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Global Paper Diagnostics Market 2017-2021: Analysis By Product & End User - Research and Markets

[November 02, 2017]

Global Paper Diagnostics Market 2017-2021: Analysis By Product & End User - Research and Markets

The "Global Paper Diagnostics Market 2017-2021" report has been added to Research and Markets' offering.

The global paper diagnostics market is expected to grow at a CAGR of 6.89% during the period 2017-2021.

The report, Global Paper Diagnostics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is focus on nano-biosensors. Technological advances such as incorporation of nanomaterial linkages and 3D paper-based sensors lead to the development of new products in the market. Nano-biosensors, ELISA, and a combination of the paper substrate with synthetic biomarkers are key components for the advanced product development. Gold nanoparticles are also used in the lateral flow assay development.

According to the report, one driver in the market is low cost of paper dignostic products. Cost-effectiveness of the products drives the global paper diagnostics market. The lateral flow assay kits and dipsticks are one of the cheapest products available in the global IVD market (parent market). The cost of lateral flow assay kit and dipstick varies with a huge margin, but it is the quite cost-effective product for the disease monitoring. On an average dipstick cost about $2-$10 in any geographical region. The low cost of the product drives the market growth, as it increases product affordability and influences the bulk purchase of the product in online and offline platforms (hospitals and retail stores).

Key vendors