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Tuberculosis Testing Market is expanding at a CAGR of 4.3% from 2014 - 2020

06-02-2017 02:24 PM CET | Health & Medicine

Press release from: Transparency Market Research

Tuberculosis Testing Market

Tuberculosis Testing Market

According to a report from the World Health Organization (WHO), tuberculosis has been identified as the second deadliest disease in the world after HIV/AIDS. Tuberculosis was the cause of 1.5 mn deaths across the globe in 2013, adds the WHO report.As such, the prevalence of the disease in alarming numbers has led to the increased use of TB testing techniques. In order to curb the prevalence of the disease, government and non-government bodies are taking initiatives to promote awareness about TB and have introduced control programs, leading to increased demand for TB testing.

This 109 page report gives readers a comprehensive overview of the Tuberculosis Testing Market. Browse through 7 data tables and 31 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/tuberculosis-testing-market.html

Latent tuberculosis and active tuberculosis are the most prevalent forms of TB. Over time, Mycobacterium tuberculosis, the TB-causing pathogen, has developed into drug-resistant strains of tuberculosis that are either multi-drug-resistant (MDR) or extensively drug-resistant (XDR). Thus, the growing demand for advanced TB testing techniques and equipment will propel the market. However, high cost of TB testing is cited as a challenge to the growth of the TB testing market.The report divides the global market for tuberculosis testing on the basis of test type and geography. By test type, smear microscopy, nucleic acid testing, radiography, culture-based tests, drug susceptibility testing, Mantoux test, and others (IGRA, serological tests, ADA, etc.) are the prime segments of the global market for tuberculosis testing.

Get accurate market forecast and analysis on the Tuberculosis Testing Market. Request a sample to stay abreast on the key trends impacting this market: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2267

In 2013, culture-based TB tests held the largest market share and accounted for US$691.2 mn in the overall market for tuberculosis testing. The culture-based TB tests segment is expected to display consistent growth during the forecast period due to the reliability and accuracy of these tests.By geography, North America, Asia Pacific, Europe, and Rest of the World (RoW) are the segments of the global market for TB testing. In 2013, Asia Pacific emerged as the largest market for TB testing. The prevalence of a large TB patient pool due to unregulated emissions from industries and high air pollution in developing countries such as India and Malaysia accounted for Asia Pacific’s 35% share in the overall market.

North America stands as the second largest market for TB testing and is closely trailed by Europe. Spain, France, Germany, and Italy are the major markets for TB testing in Europe.The report identifies key players operating in the global market for TB testing, namely Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Akonni Biosystems Inc., Alere Inc. Hain Lifescience GmbH, Abbott Laboratories, Becton, Dickinson and Company, Hologic Inc., and QIAGEN.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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