Tuberculosis Diagnostics Market 2018: Share, Size, Growth Predictions, Trends, Latest Developments, Application and 2024 Forecast
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Rapidly growing occurrence of TB is the primary factor that drives the growth of TB diagnosis market worldwide. According to WHO, Tuberculosis is one of the top 10 causes of death worldwide and in 2016, 10.4 million people fell ill with TB, and 1.7 million died from the disease (including 0.4 million among people with HIV). TB diagnostics plays important role in the TB treatment. The high prevalence of TB creates a huge demand for TB testing systems. In addition availability of more advanced TB diagnosis methods are contributing in the growth of TB market.
The government organizations are taking initiative to launch new awareness programs to prevent or overcome the Tuberculosis that expected to boost the growth of TB diagnosis market. Furthermore, the introduction of new advanced and easy diagnosis methods such as Interferon-gamma release assay, and cytokine detection assay are contributing in the growth of TB diagnosis market. Additionally, ongoing research and development of new and effective tuberculosis treatment drugs are projected to create several growth opportunities in the TB drugs market.
Market Segmentation by Type
Global TB market on the test type is segregated into, Radiographic Methods, Nucleic Acid Testing, Laboratory Methods, Drug-susceptibility Testing, Mantoux Test (TST) and others. Nucleic Acid Amplification Tests is the Food and Drug Administration (FDA) approved testing used in the TB diagnosis can reliably detect Mycobacterium tuberculosis bacteria in specimens. The testing equipment easily available commercially. In addition, the factors such as new guidelines proposed for the use of NAA tests for TB diagnosis are projected to various opportunities in the Nucleic Acid Testing market. On the other hand, Radiographic Methods is the most ideal method used in the diagnosis of TB. This method required complex and expensive equipment. The yield of radiographic screening is generally low in the radiographic TB diagnosis, generally ranging from 5 cases 9, 10 to 15 cases 11 per 10 000 individuals screened.
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The report of the global TB diagnosis market covers North America, Europe, Asia-Pacific and RoW regions in the scope of the study. Among these regions, Asia Pacific is the largest and the fastest growing region in the TB diagnosis market. India accounts for the largest share of the TB Diagnostic market. According to the TB Report 2017 released by World Health Organization (WHO), India continues to have the highest number of tuberculosis cases in the world. Additionally, Over 95% of TB deaths occur in low- and middle-income countries in such as India, China, Africa and others, that contributes in the growth of Asia Pacific TB market. This creates the massive demand of cost-effective TB testing that drives the growth of Asia Pacific TB diagnostics market.
The key companies profiled in the global TB diagnosis market include Becton, Dickinson and Company, F. Hoffmann-La Roche AG, Thermo Fisher Scientific, Inc., BioMerieux SA, Hain Lifescience GmbH, Hologic Corporation, Abbott Laboratories, Alere, Inc, Siemens, Cepheid and others.
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