Paper Diagnostics Market

Paper Diagnostics Market Size by Kit Type (Dipsticks, Lateral Flow Assays, Paper Based Microfluidics), Device Type (Monitoring Devices, Diagnostic Devices), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14082
  • Published Date: Feb, 2024
  • Pages: 237
  • Category: Healthcare
  • Format: PDF
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The global paper diagnostics market was valued at USD 17.47 Billion in 2023, which is anticipated to grow at a CAGR of 7.73% from 2024 to 2033. Transparency with cellulose and flexibility within resource-constrained environments, where existing pricey diagnostic assays are not appropriate, paper-based assays can offer a viable path for disease management. These portable devices are highly helpful in point-of-care (POC) settings for food safety, water testing, environmental monitoring, and disease diagnostics. Market growth for paper diagnostics is a result of these broader uses. In comparison to other methods, paper diagnostics are favoured since it is inexpensive, readily accessible, easily engineered, biodegradable, flammable, biocompatible, hydrophilic, simple to functionalize, and may be processed into diagnostic devices. The market for paper diagnostics is driven by factors such as growing acceptance, accessibility, investment, and expanded applications of paper diagnostics methods.

Market Introduction:

A category of diagnostic instruments and apparatuses known as "paper diagnostics" rely heavily on paper for biological sample detection and processing. Because of their ease of use, affordability, and portability, the tests are especially well-suited for point-of-care testing in settings with limited resources or in remote locations. The capillary flow of fluids made possible by the use of paper as a substrate makes a variety of analytical procedures possible without the need for sophisticated equipment. The technology is based on the principles of microfluidics, which is the processing of small amounts of fluids in paper channels for analytical purposes. Paper diagnostics often employ a variety of formats, including lateral flow tests. Applications such as glucose monitoring, infectious illness detection, pregnancy tests, and others can use its formats. The creation, production, and sale of diagnostic instruments that use paper as a substrate for a variety of analytical uses are all included in the paper diagnostics market. Paper diagnostics' affordability, mobility, and simplicity of use are among their salient qualities. These tests can be made to find a variety of things, like infections, biomarkers, or other signs of health or illness. Paper diagnostics have become more popular as a result of the growing need for quick and easy-to-access diagnostic solutions, especially in places where access to advanced laboratory facilities is scarce. Paper and cellulosic materials are used to create devices known as "paper diagnostics," which identify and measure chemical agents and biomolecules that have an impact on health. In a diagnostic, paper can be used for four things: sample and analyte transportation and measurement; reaction support; reactant and product separation; and result communication. In order to meet the World Health Organization's ASSURED (Affordable, Sensitive, Specific, User friendly, Rapid and Robust, Equipment free and Deliverable to end users) criteria, these devices usually comprise microfluidic, chemical, and biological diagnostic components implemented on paper substrates. Doctors can learn vital information from a simple color-change reaction, such as whether or not a patient has a disease. Paper devices, similar to microfluidic chips, may create networks of fluid-wicking channels on paper to perform timed reactions, mix, filter, and segregate fluids. They can also control the sequencing of these reactions. These characteristics are later implemented using inkjet printers. The primary goal of this technique is to enhance the quality of low-cost tests by using high-performance, inexpensive, and disposable electronics. Recently, paper has been used as a substrate for making a variety of microfluidic devices. It offers comprehensive information about numerous paper substrates, including a summary of their key features and applications, and is biocompatible with a variety of biological samples. For instance, hydrophobic lines were created on hydrophilic paper using photoresist, and chromatography paper was used to identify proteins and glucose in simulated urine samples. For a simple, affordable, and portable product, a number of μPAD device production techniques have been proposed, including photolithography, inkjet printing, polydimethylsiloxane (PDMS) plotting, wax printing, wax dipping, wax screen printing, and plasma treatment. To quantify the outcomes of diagnostic testing, a variety of sensing technologies have been devised, including colorimetric, electrochemical, chemiluminescence (CL), electro-chemiluminescence (ECL), and fluorescence detection. Urine glucose is commonly detected using paper-based dipstick tests. To determine the glucose levels, urine is added to a dipstick, and the colour shift that results is compared to a standard chart. After the development of radio-immunoassays and latex agglutination, lateral flow technology was introduced and used in human pregnancy tests. Additionally, lateral flow mechanism-based serological immunoassays are created and applied in several fields such as veterinary diagnostics, environmental monitoring, and food safety.

Paper Diagnostics Market Size

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Recent Development
  • Uriwell is a smart wellness tracker service that Eone Diagnomics Genome Centre (EDGC) introduced in April 2023 for home-based healthcare monitoring urine tests. It's a customised pee kit, in order to view the findings right away using an app on a smartphone. The pee test, according to the manufacturer, uses a colorimetric assay, which changes colour as urine hits test paper.
  • A novel nanoparticle sensor created by MIT engineers in April 2023 enables early cancer detection using a straightforward urine test. The test was created, in accordance with the researchers, to be administered with a strip of paper, making it potentially inexpensive and available to the greatest number of patients. Its sensors, which can identify a wide range of malignant proteins, may also be utilised to distinguish between different tumour types or gauge how a tumour is responding to therapy.

Market Dynamics:

Drivers

Increasing need for quick and distributed diagnostic tools- One of the main factors propelling the growth of the paper diagnostics market is the increasing need for quick and decentralised diagnostic solutions. Paper diagnostics present an appealing alternative in a time when prompt and dependable healthcare outcomes are crucial at the point of service. Paper-based tests are especially well-suited for implementation in a variety of contexts due to their affordability and ease of use. These contexts include distant locations with limited access to advanced laboratory facilities and emergency circumstances where prompt diagnosis is critical. Paper diagnostics play a vital part in satisfying the expectations of early detection and quick response, which are becoming more and more important in the global healthcare environment. Paper-based tests are easily incorporated into decentralised healthcare environments, such as clinics, community health centres, and even home-based testing situations, due to its mobility and convenience of use. Paper diagnostics are becoming more and more popular because of the continuous technological breakthroughs in sensor and microfluidics, which improve their sensitivity and specificity. The general public's and healthcare professionals' growing awareness of the advantages of point-of-care testing is contributing to this trend. To put it simply, the market for paper diagnostics is booming because there is an urgent need for quick, affordable, and decentralised diagnostic solutions to deal with modern-day changing healthcare issues.

Restraints:

Concerns about specificity and sensitivity- Concerns about specificity and sensitivity could potentially limit the market's desire for paper diagnostics. Paper-based diagnostic tests have benefits including portability, cost, and simplicity, but concerns about their sensitivity and specificity could prevent them from being widely used. Healthcare providers and end users may become less confident in paper diagnostics if they show limits in identifying or ruling out specific disorders. The accuracy of diagnostic data is crucial in making healthcare decisions. High sensitivity and specificity levels might be difficult to achieve due to the intrinsic qualities of paper-based testing, which don't necessarily perform as well as more sophisticated laboratory techniques. Healthcare practitioners can be reluctant to fully use paper diagnostics in circumstances when accurate and trustworthy diagnostic results are essential. Obtaining approvals and market acceptance may become difficult if sensitivity and specificity are not regularly established. Regulatory authorities often closely examine the accuracy of diagnostic equipment. To fulfil the high standards required in clinical settings, addressing these challenges will need continued research and development efforts to improve the efficacy of paper diagnostics. Finding the right balance between accuracy and simplicity is still a major challenge, and addressing issues with sensitivity and specificity will be essential to maximising the use of paper diagnostics in a variety of healthcare settings.

Opportunities:

Quick testing in case of emergency- The market for paper diagnostics has a lot of potential due to the need for quick and decentralised diagnostic solutions, especially in emergency situations. Paper-based tests have some advantages over other types of testing, like portability, ease of use, and speed of turnaround time. These advantages make them an important tool for emergency reaction situations. Rapid on-site testing becomes critical for prompt decision-making and efficient containment tactics during disease outbreaks, natural catastrophes, or public health emergencies. When diagnosing infectious diseases, healthcare personnel can quickly identify and manage infections in emergency settings with the help of paper diagnostics, which provide a quick and easily accessible method. Because of their simplicity of use, they can be used in a variety of settings, such as temporary medical facilities, mobile clinics, and isolated locations with little access to conventional laboratory infrastructure. The ease of use of these tests also makes training non-specialized staff easier, which is important in emergency scenarios where the supply of qualified medical personnel may be limited. Governments, public health groups, and aid organisations understand how important paper diagnostics may be to disaster response operations. In order to further improve the development and delivery of customised diagnostic solutions, collaborations and strategic alliances between these organisations and paper diagnostics manufacturers can be formed. This will strengthen the market's standing as an essential part of crisis management and global health readiness. The market for paper diagnostics is well-positioned to offer prompt and dependable diagnostic assistance during emergencies as global unpredictability grows.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global paper diagnostics market, with a 37.04% market revenue share in 2023. The increasing prevalence of infectious diseases and the presence of important market participants, such as academic and research institutions in the area, are both responsible for this increase.

North America Region Paper Diagnostics Market Share in 2023 - 37.04%

 

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Kit Type Segment Analysis

The kit type segment is divided into dipsticks, lateral flow assays, and paper based microfluidics. The lateral flow assays segment dominated the market, with a market share of around 35.73% in 2023. Pregnancy tests are widely used, and there are many different uses for this type of products, which is why the market is growing.

Device Type Segment Analysis

The device type segment is divided into monitoring devices and diagnostic devices. The diagnostic devices segment dominated the market, with a market share of around 64.39% in 2023. Blood separation and glucose testing are two applications for paper diagnostic devices. Along with new product launches and approvals, growing consumer awareness of related benefits such increased intensity, quality, and frequency of diagnosis is expected to support the segment's growth.

Some of the Key Market Players:
  • Acon Laboratories, Inc.
  • Bio-Rad Laboratories, Inc.
  • Siemens Healthcare Gmbh
  • Ffei Life Science (Biognostix)
  • Micro Essential Laboratory Inc.
  • Arkray, Inc.
  • Gvs S.P.A.
  • Navigene
  • Abbott (Alere Inc.)
  • Kenosha Tapes
  • Diagnostics For All, Inc.

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 17.47 Billion
Market size value in 2033 USD 36.78 Billion
CAGR (2024 to 2033) 7.73%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Kit Type, Device Type

Frequesntly Asked Questions

As per The Brainy Insights, the size of the paper diagnostics market was valued at USD 17.47 Billion in 2023 & USD 36.78 Billion by 2033.

Global paper diagnostics market is growing at a CAGR of 7.73% during the forecast period 2024-2033.

North America region emerged as the largest market for the paper diagnostics.

Increasing need for quick and distributed diagnostic tools is a significant driving factor for the growth of the paper diagnostics market.

Concerns about specificity and sensitivity is a significant restraining factor for the growth of the paper diagnostics market.

Quick testing in case of emergency is a significant opportunity for the growth of the paper diagnostics market.

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This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global paper diagnostics market based on below mentioned segments:

Global Paper Diagnostics by Kit Type:

  • Dipsticks
  • Lateral Flow Assays
  • Paper Based Microfluidics

Global Paper Diagnostics by Device Type:

  • Monitoring Devices
  • Diagnostic Devices

Global Paper Diagnostics by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

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