openPR Logo
Press release

Latent Tuberculosis Infection Detection Market Safeguarding Public Health: The Rise of the Latent TB Detection Market

07-22-2024 07:04 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: InsightAce Analytic Pvt.Ltd

/ PR Agency: InsightAce Analytic Pvt.Ltd
Latent Tuberculosis Infection Detection Market Safeguarding

Latent Tuberculosis Infection Detection Market worth $2.37 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Latent Tuberculosis Infection Detection Market - (By Brand (QFT-Plus), By Test Type (Tuberculin Skin Test (TST), Interferon Gamma Release Assay (IGRA)), By Application, By End-use), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Latent Tuberculosis Infection Detection Market is valued at US$ 1.53 Bn in 2023, and it is expected to reach US$ 2.37 Bn by 2031, with a CAGR of 5.7% during the forecast period of 2024-2031.

Request for free Sample Pages: https://www.insightaceanalytic.com/request-sample/2579

A condition known as latent tuberculosis infection (LTBI) occurs when a person has a Mycobacterium tuberculosis infection but shows no signs of active illness. Identifying LTBI to stop the spread of active tuberculosis (TB) is essential. The growing likelihood of contracting active tuberculosis and increased public awareness of the need for early diagnosis of tuberculosis infection are the main drivers of market expansion.

Significant increases in the geriatric population and an increasing rate of tuberculosis among the elderly are essential drivers of growth. Growth in the market is anticipated due to the rising risk of tuberculosis and growing awareness of early detection. Throughout the forecast period, government activities supporting awareness campaigns to battle tuberculosis and developing innovative diagnostic technologies are also anticipated to contribute to market growth considerably.

The manufacturing and marketing of diagnostic instruments and tests for identifying latent tuberculosis infections are the focus of this market. The term "long-term bacterial infection" (LTBI) describes a state in which people have contracted the tuberculosis germs but do not yet show any symptoms. This market has grown due to the growing worldwide burden of tuberculosis and the demand for early detection and prevention.

Diagnostic instruments like tuberculin skin tests (TSTs) and interferon-gamma release assays (IGRAs) are frequently used to detect LTBI. It is projected that the need for precise and trustworthy LTBI detection techniques will fuel additional market expansion as governments and healthcare institutions throughout the globe step up their efforts to stop the spread of tuberculosis.

List Of Prominent Players In The Latent Tuberculosis Infection Detection Market:
• QIAGEN
• BIOMÉRIEUX
• Oxford Immunotec
• SD Biosensor, INC.
• Wantai BioPharm
• Lionex GmbH
• Sanofi
• Serum Institute of India Pvt. Ltd
• ARKRAY, Inc.
• Par Pharmaceutical, Inc.
• Abbott,
• F. Hoffmann-La Roche Ltd
• Other Prominent Players

Market Dynamics:

Drivers-
One of the most important drivers impacting the global latent tuberculosis infection testing market is the ageing population. Since aged people are highly prone to having latent TB infection as an underlying illness, age-related immune function and increased frequency of adverse drug reactions can complicate the overall clinical approach to tuberculosis in elderly patients.

Moreover, the market has been rising over the past few years because of factors such as rapid urbanization, surging prevalence of HIV, accelerating TB funding, accelerating construction activities, rise in consumer spending, escalating government initiatives, and many other factors.

Challenges:
The latent tuberculosis infection detection market faces challenges such as multidrug-resistant tuberculosis (MDR-TB) and stringent government regulations. MDR-TB complicates treatment and increases the urgency for accurate and timely detection methods.

Stringent regulations can impact market entry for new diagnostic technologies and limit the adoption of innovative solutions. Overcoming these challenges requires research into effective detection techniques, collaboration with regulatory bodies to streamline approval processes, and education programs to raise awareness about the importance of early detection and treatment of latent tuberculosis infections.

Regional Trends:
The North American latent tuberculosis infection (LTBI) detection market is predicted to upgrade due to increasing awareness and initiatives for TB control. The factors driving the market include advancements in diagnostic techniques, the rising prevalence of TB, and support from government health agencies.

The market is also influenced by the presence of major players investing in research and development to improve detection accuracy. Additionally, efforts to implement comprehensive screening programs in high-risk populations contribute to the market's expansion in this region. Besides, Europe had a good share of the market, which was attributed to the presence of major research institutes and key market players.

Curious About This Latest Version Of The Report? Enquiry Before Buying: https://www.insightaceanalytic.com/enquiry-before-buying/2579

Recent Developments:

• In March 2024, QIAGEN formed a cooperation with the International Panel Physicians Association (IPPA) to provide education and assistance to panel physicians throughout the world regarding the most up-to-date tuberculosis screening needs. The primary emphasis will be on the novel IGRA prerequisites and their advantageous implications for patients and healthcare professionals.

Segmentation of latent tuberculosis infection detection market-
By Brand -
• QFT-Plus (QuantiFERON-TB Gold Plus)
• Others
By Test Type -
• Tuberculin Skin Test (TST)
• Interferon Gamma Release Assay (IGRA)
By Application -
• Household Contacts with Pulmonary TB
• PLHIV
• Others
By End-Use -
• Diagnostic Laboratories
• Hospitals/Clinics
• Academic & Research Institutions
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

For More Customization @ https://www.insightaceanalytic.com/customisation/2579

Contact Us:
InsightAce Analytic Pvt. Ltd.
Tel.: +1 718 593 4405
Email: info@insightaceanalytic.com
Site Visit: www.insightaceanalytic.com
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Latent Tuberculosis Infection Detection Market Safeguarding Public Health: The Rise of the Latent TB Detection Market here

News-ID: 3593339 • Views:

More Releases from InsightAce Analytic Pvt.Ltd

AI In The Credit-Scoring Market Smarter Credit Decisions: How AI is Transforming Credit Scoring and Financial Inclusion
AI In The Credit-Scoring Market Smarter Credit Decisions: How AI is Transforming …
AI In The Credit-Scoring Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd. InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global AI In The Credit-Scoring Market - (By Component (Software and Service), By Application (Personal Credit Scoring and Corporate Credit Scoring), By Industry Vertical (BFSI (Banking, Financial Services, Insurance), Retail, Healthcare, Telecommunications, Utilities, and Real Estate)), Trends,
Surgical Robotics Simulation Market Guiding the Next Generation of Surgeons: Growth and Trends in the Surgical Robotics Simulation Market
Surgical Robotics Simulation Market Guiding the Next Generation of Surgeons: Gro …
Surgical Robotics Simulation Market Worth $1,283.6 Mn by 2031 - Exclusive Report by InsightAce Analytic InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Surgical Robotics Simulation Market Size, Share & Trends Analysis Report By Product Type (Product, Services), By Application (General Surgery, Gynecological Surgery, Urological Surgery, Neurological Surgery (Head and Neck Surgery), Cardiological Surgery, Orthopedic Surgery, Others), By End User (Hospitals, Ambulatory Surgical Centers,
AI Studio Market Accelerating Innovation: The Benefits of AI Studios for Businesses
AI Studio Market Accelerating Innovation: The Benefits of AI Studios for Busines …
Global AI Studio Market Worth $57.89 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd. InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global AI Studio Market- (By Application (Sentiment Analysis, Customer Service Automation, Image Classification & Labelling, Synthetic Data Generation, Predictive Modelling & Forecasting, Automatic Content Generation, and Others), By Offering, By Vertical, By Region, Trends, Industry Competition Analysis, Revenue and Forecast
Human-Induced Pluripotent Stem Cells (hiPSCs) Preclinical Disease Model Market Growing Cells, Growing Hope: The Potential of hiPSCs in Preclinical Disease Modeling and Market Expansion
Human-Induced Pluripotent Stem Cells (hiPSCs) Preclinical Disease Model Market G …
Global Human-Induced Pluripotent Stem Cells (hiPSCs) Preclinical Disease Model Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Human-Induced Pluripotent Stem Cells (hiPSCs) Preclinical Disease Model Market- (Disease (Neurological Disorders and Dystrophies, Cardiac disorders, Retinal Eye Disease, Metabolic Disorders, Liver disease, Others), Products and Services (Disease Model, Reprogramming service, Differentiation

All 5 Releases


More Releases for Latent

Latent Tb Testing Market Overview: Importance, Trends, and Opportunities
Latent TB Testing Market Outlook & Investment Analysis What is the current market outlook for the Latent TB Testing Market? The Latent TB Testing Market is experiencing robust growth, driven by increasing global awareness of tuberculosis control, rising healthcare expenditures, and governmental initiatives to curb infectious diseases. According to recent market data, the global latent TB testing market is expected to grow at a compound annual growth rate (CAGR) of approximately 5.8%
Global Latent Tuberculosis Infection Ltbi Testing Market Size by Application, Ty …
USA, New Jersey- According to Market Research Intellect, the global Latent Tuberculosis Infection Ltbi Testing market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. Growing knowledge of tuberculosis prevention and government campaigns to stop its spread are driving expansion in the latent tuberculosis infection (LTBI) testing
Latent Tuberculosis Infection Detection Market
Latent Tuberculosis Infection Detection Market worth $2.37 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd. InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Latent Tuberculosis Infection Detection Market - (By Brand (QFT-Plus), By Test Type (Tuberculin Skin Test (TST), Interferon Gamma Release Assay (IGRA)), By Application, By End-use), Trends, Industry Competition Analysis, Revenue and Forecast To 2031." According to the latest research
Growth Trends and Latent Adjacency in Biomass Power Market
Biomass Power Market Overview: The Biomass Power Market is expected to be worth USD 108.64 billion by 2027. During the forecast period, the market will also grow at a CAGR of 14%. In 2020, it was estimated to be worth USD 54.1 billion. Furthermore, cutting-edge technologies such as pollution control and combustion engineering have advanced to the point where any emissions from biomass combustion in industrial facilities are no longer a concern.
Growth Opportunities and Latent Adjacency in Electric Bus Market
The global Electric Bus Market is projected to reach 671,285 units by 2027 from a projected 112,041 units in 2022, at a CAGR of 43.1%. The growth of the electric bus market can be attributed to the increasing focus of countries on electrification of their public transport fleets with subsidies and favourable regulations due to emission concerns. Advancements in battery pack technologies, declining battery prices, government support, huge subsidies along
Growth opportunities and latent adjacency in Sulfur Fertilizers Market
The sulfur fertilizers market is estimated to be valued at USD 5.47 Billion in 2017, and is projected to reach USD 6.29 Billion by 2022, at a CAGR of 2.84% from 2017. The market is driven by increase in demand for higher agricultural productivity and reduction in sulfur emission influencing the demand for added sulfur. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=212686493 The objectives of the report: 1. Determining and projecting the size of sulfur fertilizers