Infectious Disease Diagnostics Market Growth, Analysis, Segmentation, Size, Share, Trend, Future Demand and Forecast to 2025 | Danaher, Abbott, BD, F. Hoffmann-La Roche Ltd, Trinity Biotech and others
Infectious diseases are caused by microorganisms such as bacteria, fungi, virus, and other organism species. Infectious disease diagnostics are the procedures utilized by hospitals, clinical laboratories, and others to detect or identify the foreign antigen/organism by using various diagnostic tools. This helps to identify the type of pathogen that has entered the patient’s body as well as the degree of extent to which the infection is spread in the body. The diagnostic procedure may be carried out with the help of conventional diagnostic tests or point-of-care testing tools.
The growth of global infectious disease diagnostics market is expected to be driven by various factors such as increasing prevalence of infectious and vector-borne diseases, and advances in molecular and immunodiagnostics is expected to propel the growth of the global infectious disease diagnostics market. However, absence of compiled regulatory guidelines and lack of centralized laboratory facilities in developing and under-developed laboratories are expected to hinder the market growth at certain extent. On the other hand, the immunodiagnostic kits and home-based point-of-care diagnostic tools for detection of various diseases is expected to be one of the most prevalent trend in the infectious disease diagnostics market.
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Some of the key players operating the global infectious disease diagnostics market include Danaher, Abbott, BD, F. Hoffmann-La Roche Ltd, Trinity Biotech, Cardinal Health, bioMérieux SA, Bio-Rad Laboratories, Inc., AccuBioTech Co., Ltd., and ACON Laboratories, Inc. among others.
The “Global Infectious Disease Diagnostics Market Analysis to 2025” is a specialized and in-depth study of the biotechnology industry with a focus on the global market trend. The report aims to provide an overview of global infectious disease diagnostics market with detailed market segmentation by product, disease indication, technology, test location, end user and geography. The global infectious disease diagnostics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The Infectious Disease Diagnostics market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Infectious Disease Diagnostics market based on type, and end user. It also provides market size and forecast till 2025 for overall Infectious Disease Diagnostics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
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The global infectious disease diagnostics market is segmented on the basis of product, disease indication, technology, test location, end user. On the basis of product, the global infectious disease diagnostics market is segmented into reagents & kits and instruments. Based on disease indication, the market is segmented into HIV, hepatitis, healthcare associated infections (HIAs), human papillomavirus (HPV), tuberculosis, influenza, and others. Based on the technology, the market is segmented into immunodiagnostics, polymerase chain reaction (PCR), next generation sequencing (NGS), and others. On the basis of test location, the global infectious disease diagnostics market is segmented in to laboratory testing and point-of-care testing. Similarly, on the basis of end user, the global infectious disease diagnostics market is segmented in to hospitals, pathology/diagnostic laboratories, research institutes, home care settings and others.
The Infectious Disease Diagnostics market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
North America holds a dominant position in the global Infectious Disease Diagnostics market which is attributed to the cost-saving options offered by the ambulance services that eliminates the expensive hospital stays, inclination towards outpatient care by the geriatric population of this region, and large number of patient entries in ambulance care. Asia Pacific is expected to witness a significant growth over the forecast period owing to the increasing incidence of chronic diseases, and government initiatives such as easy outpatient booking through mobile apps that strategically aim to promote outpatient healthcare services in the region.
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The most vital key factors in the businesses have been elaborated to get thorough and accurate data of market dynamics. Rising needs and popularity of Infectious Disease Diagnostics Market sector is driving the flow of the market towards progress. In addition to this, it lists the factors which are restraining the growth of the market.
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