Latent Tuberculosis Infection Detection Market Growth Set to Surge Significantly by 2034

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.

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Latent Tuberculosis Infection (LTBI) is characterized by the presence of Mycobacterium tuberculosis in individuals who do not exhibit active disease symptoms. Accurate identification of LTBI is essential for preventing the progression to active tuberculosis (TB). The LTBI diagnostic market is experiencing growth driven primarily by the rising risk of active TB development and increased public awareness regarding the importance of early TB detection. Key factors contributing to market expansion include the growing aging population and the higher prevalence of tuberculosis among older adults. Additionally, a heightened focus on early diagnosis and tuberculosis risk mitigation is expected to further stimulate market demand.

Government-led initiatives aimed at enhancing tuberculosis awareness and the introduction of innovative diagnostic technologies are anticipated to play a significant role in market growth during the forecast period. The market comprises the manufacturing and distribution of diagnostic tests specifically designed for the detection of latent tuberculosis infections. Given the global burden of tuberculosis and the critical need for early intervention, LTBI detection has become a focal point within public health strategies. Commonly employed diagnostic techniques include interferon-gamma release assays (IGRAs) and tuberculin skin tests (TSTs). As global health authorities intensify efforts to curb tuberculosis transmission, demand for accurate and reliable LTBI diagnostic solutions is projected to drive sustained market expansion.

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-
A key factor driving growth in the global latent tuberculosis infection (LTBI) testing market is the expanding aging population. Older adults are particularly susceptible to LTBI due to age-related immune system decline and an increased likelihood of adverse drug reactions, which complicate the clinical management of tuberculosis within this group. Additionally, the market's recent expansion is supported by multiple factors, including rapid urbanization, rising HIV prevalence, increased funding for tuberculosis control programs, growth in construction activities, higher consumer expenditure, and intensified governmental initiatives aimed at combating tuberculosis. Together, these elements are fueling demand for LTBI diagnostic solutions and contributing to overall market growth.

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Challenges:
The latent tuberculosis infection (LTBI) detection market faces several critical challenges, including the rise of multidrug-resistant tuberculosis (MDR-TB) and stringent regulatory requirements. MDR-TB complicates treatment protocols, underscoring the urgent need for precise and timely diagnostic methods. Concurrently, rigorous regulatory frameworks may delay the approval and commercialization of novel diagnostic technologies, thereby limiting the rapid adoption of innovative solutions. Overcoming these obstacles requires continuous investment in the development of advanced detection technologies, proactive collaboration with regulatory authorities to facilitate streamlined approval processes, and targeted educational programs to raise awareness about the importance of early LTBI diagnosis and intervention.

Regional Trends:
The North American LTBI detection market is projected to witness significant growth, propelled by heightened awareness and sustained public health initiatives focused on tuberculosis control. Factors such as technological advancements in diagnostics, increasing tuberculosis prevalence, and robust support from government health agencies are instrumental in driving market expansion. Furthermore, the presence of key industry players actively investing in research and development to improve diagnostic accuracy strengthens the market outlook. Comprehensive screening programs aimed at high-risk populations further contribute to the market's progression in this region. Similarly, Europe maintains a substantial share of the LTBI detection market, supported by prominent research institutions and leading industry stakeholders within the region.

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.

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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

Read Overview Report- https://www.insightaceanalytic.com/report/latent-tuberculosis-infection-detection-market/2579

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This release was published on openPR.