Press release
Emerging Trends to Drive Tuberculosis Diagnostics Market Growth at 7.7% CAGR Through 2029
Tuberculosis Diagnostics Market
Tuberculosis Diagnostics Market Size Growth Forecast: What to Expect by 2025?
Over the past few years, the tuberculosis diagnostics market has seen substantial growth. Projected growth suggests an increase from $2.21 billion in 2024 to $2.34 billion in 2025, at a compound annual growth rate (CAGR) of 5.9%. Factors contributing to this growth in the past include the escalating occurrence of tuberculosis, increased spending on healthcare, the expansion of healthcare facilities, and the growing acceptance of nucleic acid testing.
How Will the Tuberculosis Diagnostics Market Size Evolve and Grow by 2029?
Anticipated to witness robust expansion in the upcoming years, the market size of tuberculosis diagnostics is predicted to climb up to $3.15 billion by 2029, with a compound annual growth rate (CAGR) of 7.7%. This surge within the forecast duration is due to the mighty backing from the government, the escalating number of FDA approvals for tuberculosis diagnostics, a hike in research and development (R&D) endeavours, and the rise of drug-resistant forms of TB. The forecast period will likely experience trends such as the emphasis on next-generation sequencing (NGS) platforms purposed for TB diagnostics, innovations in products, t-cell testing for TB infections, application of artificial intelligence (AI) in tuberculosis diagnostics, employment of compact gadgets, and strategic partnerships between governmental bodies and manufacturers.
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What Drivers Are Propelling the Growth of Tuberculosis Diagnostics Market Forward?
The increase in tuberculosis cases is boosting the demand for the tuberculosis diagnostics market. Tuberculosis, a severe infectious ailment that impacts the lungs is spread by releasing microscopic germs into the air through coughing and sneezing. Tuberculosis diagnostics are crucial in identifying patients, facilitating early diagnoses, and detection of diseases. For example, the Centers for Disease Control and Prevention, a US national public health organization, reported 8,300 cases of tuberculosis in 2022, up from 7,874 cases in 2021. Hence, the growing incidence of tuberculosis is fueling the tuberculosis diagnostics market. As such, the upsurge in tuberculosis cases is propelling the expansion of the tuberculosis diagnostics market.
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Which Fast-Growing Trends Are Poised to Disrupt the Tuberculosis Diagnostics Market?
The tuberculosis diagnostics market is seeing a surge in popularity of technological innovations, a trend being leveraged by major companies. These companies are rolling out new technologies, like the advanced point-of-care (POC) diagnostic methods built on AI technology in a bid to maintain their market standing. As an example, in August 2022, Fujifilm, a Japanese company that manufactures medical imaging devices, collaborated with Qure.ai, an American firm that develops AI-powered medical imaging solutions, to unveil an advanced POC diagnostic method. This method uses a battery-operated X-ray machine for diagnosing tuberculosis. The integration of artificial intelligence facilitates effective testing programs due to its ultra-portability, superior accuracy, and efficient point-of-care diagnostic solutions.
What Are the Key Segments in the Tuberculosis Diagnostics Market?
The tuberculosis diagnostics market covered in this report is segmented -
1) By Test Type: Radiographic Tests, Nucleic Acid Testing, Cytokine Detection Tests, Drug Resistance Tests, Skin Test / Mantoux Test (TST), Blood/Serology Test, Smear Microscopy Tests, Cell Culture-Based Tests, Other Test Types
2) By Disease Stage: Latent Tuberculosis, Active Tuberculosis
3) By End-User: Hospitals And Diagnostic Laboratories, Physician's Office Laboratories, Reference Laboratories, Academics And Research Facilities
Subsegments:
1) By Radiographic Tests: Chest X-rays, CT Scans
2) By Nucleic Acid Testing: Polymerase Chain Reaction (PCR), Nucleic Acid Amplification Tests (NAATs)
3) By Cytokine Detection Tests: Interferon Gamma Release Assays (IGRAs)
4) By Drug Resistance Tests: GeneXpert MTB/RIF, Line Probe Assays
5) By Skin Test or Mantoux Test (TST): Tuberculin Skin Test (TST)
6) By Blood Or Serology Test: Serological Tests for Antibodies
7) By Smear Microscopy Tests: Acid-Fast Bacilli (AFB) Smear Test
8) By Cell Culture-Based Tests: Solid Media Cultures, Liquid Media Cultures
9) By Other Test Types: Molecular Tests, Advanced Imaging Techniques
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Who Are the Key Players Shaping the Tuberculosis Diagnostics Market's Competitive Landscape?
Major companies operating in the tuberculosis diagnostics market include Beckton, Dickinson and Company, F. Hoffmann-La Roche Ltd, Qiagen N.V, BioMerieux SA, Danaher Corporation, PerkinElmer, Thermo Fisher Scientific Inc., Creative Diagnostics, Lionex GmbH, Biocartis, Bio-Techne India Private Limited, Bio-Rad laboratories India Pvt.Ltd, Zhejiang Di'an Diagnostics Technology Co., Ltd, ADICON Clinical Laboratories, Guangzhou Kingmed Diagnostics Center Co. Ltd., Kindstar Global, OriGene Technologies, Siemens AG, LumiraDx Limited, TestLine Clinical Diagnostics s.r.o., Hologic, Bayer AG, Meridian Bioscience, Abbott laboratories Immunodiagnostic Systems Holdings PLC, Mesa Biotech Inc, Agilent technologies Inc, Akonni Biosystems Inc, Epistem Limited, Gen-Probe, Sysmex South Africa (Pty) Ltd., Bio Certica, BixBio
What Geographic Markets Are Powering Growth in the Tuberculosis Diagnostics Market?
Asia-Pacific was the largest region in the tuberculosis diagnostics market in 2024. The regions covered in the tuberculosis diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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