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Infectious Disease Diagnostics Market to Grow at a CAGR of around 7% by 2025 – Arizton
The global infectious disease diagnostics market size is expected to reach over USD 24 billion by 2025.Infectious Disease Diagnostics Market – Geographical Analysis
The Asia Pacific is the largest market for the infectious disease diagnostics and will retain it in the year 2025 with a share of over 33%. APAC is expected to be the fastest-growing region during the forecast period. This is attributed to the increasing target pool of people requiring various infectious disease diagnostics and improvement in healthcare infrastructure. Moreover, the rising purchasing power of the public for healthcare services and growing focus on early diagnosis and preventive medicine is encouraging many people in the region to undergo diagnostics. China, Japan, India, South Korea, and Australia are the major revenue contributors to the APAC market.
Infectious Disease Diagnostics Market – Growth Analysis
The global infectious disease diagnostics market is one of the major segments in the global in-vitro diagnostics market. The market is growing at a steady rate and is expected to grow at a similar pace during the forecast period. The surge in market growth is attributed to the increasing prevalence/incidence of various infectious diseases. In addition, Malaria is still a cause of death in few regions. For instance, according to the WHO, malaria is one of the leading causes of death in the Middle East & Africa. Moreover, the general population, especially elderly people and children, require periodic health checkups for seasonal flu during monsoon, and winter seasons, that are collectively fueling the infectious disease diagnostics market.
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The following factors are likely to contribute to the growth of the infectious disease diagnostics market during the forecast period:
• High Growth Potential in LMICs
• Increasing Demand for Molecular Diagnostics
• Strategic Merges and Acquisitions
• Increased Prevalence of infectious Diseased Globally
Base Year: 2019
Forecast Year: 2020–2025
The study considers the present scenario of the infectious disease diagnostics market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Infectious Disease Diagnostics Market – Vendor Analysis
Prominent Vendors
• Abbott
• BD
• bioMérieux
• Hoffmann-La Roche
• Thermo Fisher Scientific
• Quidel
• Luminex
• Danaher
• Bio-Rad Laboratories
Other Prominent Vendors
• Meridian Bioscience
• DiaSorin Molecular
• Accelerate Diagnostics
• Trinity Biotech
• OpGen
• QIAGEN
• Siemens Healthineers
• caviid
• EIKEN CHEMICAL
• Epitope Diagnostics Inc.
• EUROIMMUN
• Genetic Signatures
• Hologic
• Oxford Immunotec
• Seegene
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Infectious Disease Diagnostics Market – Segmentation
Segmentation by Products
• Instruments/ Analyzers & Software
• Consumables
Segmentation by Disease
• Hepatitis
• AIDS
• HAIs
• Influenza
• Tuberculosis
• Malaria
• HPV Infection
• Sepsis
• Dengue
• Other Diseases
Segmentation by End-user
• Hospitals
• Standard Reference Laboratories
• Public Health Laboratories
• Blood Banks
• Acute Care Settings
• Others
Segmentation by Test
• Traditional Diagnostics
• Molecular Diagnostics
Segmentation by Geography
• North America
• US
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• APAC
• China
• Japan
• South Korea
• Australia
• India
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• Turkey
• Iran
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About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
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