Professional Diagnostics Market Business Planning Research and Resources, Trends, Drivers, Strategies, Applications, Competitive Landscape and Forecasts to 2025

The Global Professional Diagnostics Market is expected to grow at a CAGR of 6.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Some of the major players operating in the global professional diagnostics market are F. Hoffman-La Roche Ltd, Abbott Laboratories, Danaher, Thermo Fischer Scientific Inc., Siemens Medical Solutions USA, Inc., Abaxis, Hologenic Inc., Bio-Rad Laboratories Inc., Becton, Dickenson and Company (BD), Alere and Enzo Biochem Inc, Trivitron Healthcare, Snibe Diagnostics, Sinduri Biotec, Sekisui Medical, Nipro Diagnostics, Mindray, nstrumentation Laboratory among others.

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Professional Diagnostics are diagnostic methods for faster detection of diseases such as malaria, tuberculosis, cancer and many others. The main purpose of professional diagnostics is to diagnose the disease in early condition so that treatment can be started early.  Professional diagnostics helped in great extent to reduce the number of the deaths. Immunochemistry test is used to understand the mechanism of antibody-antigen interactions, diagnosing anemia, hemophilia A or B, blood borne infections, blood cancers. As per Novo Nordisk survey, till 2018 440,000 people are suffering from hemophilia and among them 173,000 are diagnosed with Hemophilia A or B. increasing prevalence of patients is driving the demand of professional diagnostic, As per of Centre for Disease Control and Prevention in 2016, 10.4 Milllion people suffered from T.B. As per WHO African Region 90% of all malaria case are found in African region only. So the demand of malaria test kits is high in African region. The main advantage of professional diagnostics is it replaces many laboratory and diagnostic test. In 2016, The Roche reported that total sales of Professional Diagnostics were CHF 1519 Million and total increase in sales of professional diagnostics was 12%. In 2016, Roche launched cobas e 801 for immunodiagnostics.

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The global professional diagnostics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of professional diagnostics market for global, Europe, North America, Asia Pacific and South America.

Major Market Drivers and Restraints:

- Increased in incidence and prevalence of chronic and infectious disease.
- Increase in geriatric population
- Diagnoses of life-threatening conditions, such as sepsis and acute cardiac infarction
- Downward pricing pressure owing to its commodity nature

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