Paper Diagnostics Market Rising At A CAGR Of 8.0% For The Forecast Period From 2018 - 2025 : Grand View Research Inc.
San Francisco, 24 May 2019: The Report Paper Diagnostics Market Analysis Report By Device Type (Diagnostics, Monitoring), By Application, By Product (Lateral Flow Assays, Paper Based Microfluidics), By End Use, and Segment Forecasts, 2018 – 2025 The global Paper Diagnostics Market size is estimated to reach USD 10.50 billion by 2025, according to a new report by Grand View Research, Inc, rising at a CAGR of 8.0% during the forecast period. Increasing prevalence of diseases such as cancer, autoimmune diseases, and inflammatory diseases is one of the key factors expected to fuel the demand for novel and rapid diagnostics techniques, thereby driving the market during the forecast period. For instance, as per the American Cancer Society, in 2018, around 1.7 million new cancer cases are likely to be diagnosed and 609,640 individuals are poised to die due to cancer. The number of cancer cases is projected to rise by around 70.0% over the next two decades. This trend i...