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Global Infectious Disease Diagnostics Market is Rising Exponentially at a CAGR of 8.0% in the Forecast Period

Infectious Disease Diagnostics Market is forecast to grow at a CAGR of 8.0% for the forecast period of 2017 to 2024 with a value of USD 12.60 billion in 2016 with factors such as increasing healthcare costs along with the multifaceted regulatory framework which are hindering the growth of the market.

Moreover, the rising demand for advanced diagnosis techniques will further boost various new opportunities that will fuel the growth of the infectious disease diagnostics market in the above mentioned forecast period.

Infectious Disease Diagnostics Market Scenario

According to Data Bridge Market Research, the infectious disease diagnostics market in developing regions is witnessing a growth in terms of its adoption rate, due to the increasing geriatric population and rising government initiative and funding. The rising prevalence of infectious disease is also anticipated to enhance the growth of infectious disease diagnostics in the forecast period of 2017 to 2024.

Now the question is which are the other regions that infectious disease diagnostics market players should target? Data Bridge Market Research has forecast North America to dominate the infectious disease diagnostics market.

For more analysis on the infectious disease diagnostics market, request for a briefing with our analysts

Infectious Disease Diagnostics Market Development

  • In March 2020, Thermo Fisher Scientific Inc. has announced to expand its molecular diagnostics portfolio with its new SARS-CoV-2 Corona Virus test under evaluation in China and other infectious disease tests, by approving to acquire their developer QIAGEN. The new kit is considered to rapidly distinguish SARS-CoV-2 from 21 other pathogens occupied in severe respiratory syndromes.

Infectious Disease Diagnostics Market Scope

Infectious disease diagnostics market is segmented on the basis of countries into the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa.

  • All country based analysis of the infectious disease diagnostics market is further analyzed based on maximum granularity into further segmentation. The infectious disease diagnostics market is segmented based on product type into instruments and analyzers, consumables and software & services.  On the basis of test type, the market is segmented into laboratory tests and imaging tests. On the basis of applications, the market is segmented into hepatitis B, hepatitis C, acquired immuno deficiency syndrome (AIDS), tuberculosis (TB), chlamydia trachomatis and gonorrhea, human papilloma virus (HPV), methicillin-resistant Staphylococcus aureus (MRSA) and others. On the basis of techniques, the market is segmented into traditional techniques and molecular techniques. On the basis of end user, the market is segmented into diagnostic laboratories, academic and medical institutes, hospitals, ambulatory centers, clinics and others.
  • Infectious disease diagnosis is a procedure which is used to examine the occurrence of foreign antigen or organism via diagnostic tools. Diagnosis is very vital part to identify the infection in medical treatments for further research and development activities.

To know more about the study

Key Pointers Covered in the Infectious Disease Diagnostics Market Industry Trends and Forecast to 2024

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Market Regulatory Framework and Changes
  • Market Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Johnson & Johnson Services Inc.
  • Danaher
  • Thermo Fisher Scientific, Inc
  • Siemens AG
  • Abbott
  • Bio-Rad Laboratories Inc
  • BD
  • F. Hoffmann-La Roche AG
  • Hologic, Inc
  • Qiagen N.V
  • Sofina s.a
  • Ingersoll-Rand plc
  • Quest Diagnostics, Inc
  • Cardinal Health, Inc
  • Quidel Corporation
  • Sight
  • OJ-Bio Ltd
  • Chembio Diagnostic Systems, Inc
  • Trinity Biotech
  • Veeva Systems 

Above are the key players covered in the report, to know about more and exhaustive list of infectious disease diagnostics companies’, contact us

Research Methodology of Global Infectious Disease Diagnostics Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecast 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 can drop down your enquiry.

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. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis 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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