Global Infectious Disease Diagnostics Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2029 |
Market Size (Base Year) |
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Market Size (Forecast Year) |
USD 3.34 Billion |
CAGR |
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Major Markets Players |
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Global Infectious Disease Diagnostics Market, By Product (Reagents, Assays, Instrument), Test (Laboratory, POC), Technology (Immunodiagnostics, Microbiology, PCR, NGS, INAAT), Techniques (Conventional Techniques, Biochemical Techniques, Molecular Techniques), Condition (Bacterial Infection, Viral Infection, CNS Infections, Cardiovascular Infection, Fungal Infection, GI Infections, Sexually Transmitted Disease and Others), End User (Diagnostic Laboratories, Academic and Medical Institutes, Contract Research Organization, Hospitals and Surgical Centers, Ambulatory Clinics and Home Healthcare), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Infectious Disease Diagnostics Market
Infectious disease diagnostics market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 5.8% in the above-mentioned forecast period.
Infectious disease diagnosis is basically a diagnostic procedure that is done for detecting the presence of foreign antigens / organisms with the help of various diagnostic tools that is executed with the help of skilled technicians or physicians. The sample of blood, urine, mucus, or other body fluids are analyzed to provide information about the causative organism by the use of various diagnosis procedure and instruments.
The growing prevalence of infectious diseases along with greater understanding of diagnosis in developed economies are the significant factors responsible for driving the growth of the infectious disease diagnostics market. Additionally, the increase in government funding, rising healthcare costs and increasing adoption of technologically advanced diagnostic equipment in healthcare organizations also heighten the overall growth of the market. However, the lack of adequate reimbursement mechanisms in developed economies and some emerging economies obstruct the market’s growth.
The major and growing trend in the epidemiology market is the increasing adoption of technologically advanced visual diagnostic equipment in healthcare organizations in emerging economies are expected to generate profitable opportunities for the market. On the other hand, the rising health care costs in developed economies and a lack of awareness about infectious disease have the potential to challenge for the market’s growth.
This infectious disease diagnostics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research infectious disease diagnostics market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Infectious Disease Diagnostics Market Scope and Market Size
Infectious disease diagnostics market is segmented on the basis of product, test, technique, condition and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the infectious disease diagnostics market is segmented into reagents, assays and instrument.
- On the basis of test, the infectious disease diagnostics market is segmented into laboratory and POC.
- On the basis of techniques, the market is segmented into conventional techniques, biochemical techniques and molecular techniques. Further conventional techniques segment is sub-segmented into gram-stain and pathogen culturing. Further on the basis of biochemical techniques the market is sub-segmented into ELISA, enzyme immunoassay and Agglutination. Molecular techniques segment is sub-segmented into PCR and nucleic acid sequence-based amplification.
- On the basis of condition, the infectious disease diagnostics market is segmented into bacterial infection, viral infection, CNS infections, cardiovascular infection, fungal infection, GI infections, sexually transmitted disease and others.
- Based on end user, the infectious disease diagnostics market is segmented into diagnostic laboratories, academic and medical institutes, contract research organization, hospitals and surgical centres, ambulatory clinics and home healthcare.
Infectious Disease Diagnostics Market Country Level Analysis
Infectious disease diagnostics market is segmented on the basis of product, test, technique, condition and end user.
The countries covered in the infectious disease diagnostics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to highly developed healthcare system, with the prevalence of infectious diseases, large numbers of major national clinical laboratories and easy access to technologically advanced equipment. Asia-Pacific is expected to show a rapid and lucrative growth rate in the forecast period owing to the higher demand for infectious diseases diagnostic kits due to increasing patient pool and rising awareness among people.
The country section of the infectious disease diagnostics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Infectious disease diagnostics market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for infectious disease diagnostics market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the infectious disease diagnostics market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Infectious Disease Diagnostics Market Share Analysis
Infectious disease diagnostics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to infectious disease diagnostics market.
Some of the major players operating in the infectious disease diagnostics market report are Johnson & Johnson Private Limited, Danaher, ThermoFisher., Siemens, Abbott, Bio-Rad Laboratories Inc., BD, F. Hoffmann-La Roche AG, Hologic, Inc., Qiagen N.V., Sofina, Ingersoll-Rand plc, Quest Diagnostics., Cardinal Health., Quidel Corporation, Sight, OJ-Bio Ltd., Chembio Diagnostic Systems, Inc., Trinity Biotech and Veeva Systems among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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