Tuberculosis Testing Market | Analysis & Trends 2020
Among them, the top players namely, Becton, Dickinson and Company, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific, and Hain Lifescience GmbH are focusing hard to develop novel tuberculosis testing methodologies.
A report by Transparency Market Research predicts the global tuberculosis testing market to expand at a CAGR of 4.3% between 2014 and 2020. Progressing at this pace, the global is expected to reach a valuation of US$2.6 bn by the end of 2020 from US$1.9 bn in 2013.
View Report- http://www.transparencymarketresearch.com/tuberculosis-testing-market.html
Culture-based TB Testing to Stay Significant in Future
Culture-based TB tests accounted for the leading share of the market in 2013. The segment contributed US$691.2 mn to the overall market in the same year. Culture-based TB tests are expected to display steadfast growth over the forecast period owing to their reliability and accuracy. On the other hand, other tests segment is anticipated to display the swiftest growth on the back of several advantages such as high accuracy, single visit requirement, and rapid result generation among others.
By geography, North America, Europe, Asia Pacific, and Rest of the World are the segments into which the global TB testing market is divided. In 2013, Asia Pacific accounted for the leading 35% share in the overall market. The presence of a large pool of TB patients due to high discharge of particulate matter and high air pollution in countries such as India and Malaysia are key factors behind the region’s leading share in the market.
Request to download and view full ToC -
Involvement of Leading Non-profit Organizations for Development of Novel Techniques Benefits Market
Some of the key growth drivers of the global tuberculosis testing market include increasing incidence of tuberculosis and the increasing adoption of novel and advanced molecular rapid culture diagnostic tests worldwide. The increasing involvement of some leading non-profit organizations for the development of novel TB diagnostic tests is having a profound impact on the growth of this market. The market is also receiving a boost due to the entry of new product developers with a robust pipeline of testing methodologies.
Request to view Sample Report -
As per a report from the World Health Organization, tuberculosis has been identified as one of the leading causes of death globally. In 2013, tuberculosis was the cause of 1.5 mn deaths worldwide, adds the report. This alarming number has led to the increased demand for TB testing techniques. In addition, a number of government as well as non-government bodies are involved in programs for awareness for TB and preventive care programs, leading to the increased demand for TB testing. For instance, the World Health Organization and the Foundation for Innovative New Diagnostics have been influential in spreading awareness regarding TB, need for early diagnosis, and treatment options, and are also spearheading preventive programs such as Stop TB.
Furthermore, the immense potential for tuberculosis testing programs in developing economies will extend growth opportunities to the market.
Proving a hindrance to the growth of TB testing market is the soaring cost of a number of tuberculosis tests.
Tuberculosis Testing Market Report is available @ US$ 5795
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.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Tuberculosis Testing Market | Analysis & Trends 2020 here
News-ID: 714386 • Views: 145
More Releases from Transparency Market Research
Modernization and Technological Upgrades to Invite Expansive Growth Opportunitie …
The airport runway FOD systems market is anticipated to grow at a promising CAGR across the assessment period of 2019-2027 on the back of the rising incidents of aircraft damage due to foreign objects on the runway. This is a grave problem that needs to be addressed by every airport across the globe. According to Boeing, foreign object debris (FOD) accounts for US$4 bn in damage to engines and aircraft
Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
More Releases for TMR
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
TMR - Electrical Submersible Pumps Market by 2022
A large number of prominent enterprises with strong brands currently represent the majority in the global electrical submersible pumps (ESPs) market. This provides the market with a highly competitive vendor landscape. According to Transparency Market Research (TMR), the top four companies operating in the market, comprising Schlumberger Limited, Borets Company, LLC, Baker Hughes Incorporated, and GE Oil & Gas, held over 86% of the global ESP market in 2013. In
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the