Press release
Infectious Disease Diagnostic Market to Reach USD 42.39 Billion by 2032 | CAGR: 7.8%
Infectious Disease Diagnostic MarketThe infectious disease diagnostic market in 2023 was estimated to be worth USD 21.67 billion. The market is projected to expand at a CAGR of 7.8%, growing from USD 23.29 billion in 2024 to USD 42.39 billion by 2032.
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Report Scope
To provide a comprehensive overview of the infectious disease diagnostics market, the report focuses on recent developments, market share, revenue generated, key players in the industry, and geographic analysis.
What Is Infectious Diseases Diagnostics?
Infectious disease diagnostics refers to the procedures and techniques used to identify the presence and characteristics of pathogens (disease-causing agents) that cause infectious diseases, enabling accurate diagnosis and appropriate treatment. The primary goal of infectious disease diagnostics is to pinpoint the specific microorganism (bacteria, virus, fungus, parasite, etc.) responsible for a particular infection. The diagnosis can be made based on the patient's symptoms and medical history. Different methods of diagnosis include microscopy, culturing, molecular methods, biochemical tests, imaging techniques, and biopsies.
Market Growth Drivers
• The continuous increase in the occurrence of infectious diseases like HIV, influenza, and hepatitis globally is fueling infectious disease diagnostic market demand.
• Technological progress and increased awareness regarding early detection and treatment are contributing to the market growth.
• The rising need for efficient diagnostic instruments and methods that can quickly and accurately identify and monitor infectious diseases is driving market expansion.
• The rising investments from governments and healthcare institutions in research and development facilities are fueling the demand for infectious disease diagnostics.
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Key Players in Market
The infectious disease diagnostic market is a rapidly evolving area with numerous key participants actively involved in creating and marketing innovative diagnostic tests and technologies. These include:
Abbott
Becton Dickinson
bioMérieux
Bio-Rad Laboratories
Cepheid
Danaher
F. Hoffmann-La Roche Ltd
Hologic Inc.
Luminex Corporation
Qiagen Inc.
Thermo Fisher Scientific Inc.
Segmental Overview:
Infectious Disease Diagnostic Market, Product Outlook (Revenue, USD Billion, 2019-2032)
Reagents, Kits, and Consumables
Instruments
Software and Services
Infectious Disease Diagnostic Market, Type of Testing Outlook (Revenue, USD Billion, 2019-2032)
Laboratory Testing
PoC Testing
Infectious Disease Diagnostic Market, Technology Outlook (Revenue, USD Billion, 2019-2032)
Clinical Microbiology
DNA Microarray
DNA sequencing and Next-generation sequencing
Immunodiagnostics
Isothermal Nucleic Acid Amplification Technology
Polymerase Chain Reaction
Others
Infectious Disease Diagnostic Market, Disease Type Outlook (Revenue, USD Billion, 2019-2032)
COVID-19
Hepatitis
HIV
Hospital-acquired Infections
HPV
Influenza
Mosquito-borne diseases
Syphilis
Others
Infectious Disease Diagnostic Market, End User Outlook (Revenue, USD Billion, 2019-2032)
Academic Research Institutes
Diagnostics Laboratories
Hospitals and Clinics
Others
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Regional Analysis
• North America held the largest share of the global market in 2023 due to its strong healthcare infrastructure and advanced medical facilities.
• Asia Pacific is anticipated to see significant market growth during the forecast period because of the high incidence of infectious diseases in the region.
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