The Infectious Disease Diagnostic Market is expected to grow at a CAGR of 6% from 2021 to 2027 to reach at $42.85 billion by 2027.
Diagnosis of the infectious disease involves the use of a kit-like diagnostic tool to identify the presence of a foreign antigen/organism. Most standard diagnostic test kits available today are for bacterial infections and sexually transmitted diseases. Infectious disease testing is the process of identifying the causative organism for the primary diagnosis of a disease. Epidemic test samples include blood, urine, and other bodily fluids. Growing demand for diagnostic technologies that are faster than current technologies owing to government-funded support along with longer turnaround times and increasing awareness of early detection using specific diagnostic tests are key factors driving the market growth.
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Market Segments
By Product
- Reagents, Kits, and Consumables
- Instruments
- Software & Services
By Type of Testing
- Laboratory Testing
- POC Testing
By Technology
- Immunodiagnostics
- Clinical Microbiology
- PCR
- INAAT
- DNA Sequencing & NGS
- DNA Microarrays
- Other technologies
Key Players
The major market players in the infectious disease diagnostics market are Bio Mérieux SA, Roche Diagnostics, Abbott Laboratories, Thermo Fischer Scientific, Inc., Becton, Dickinson & Company, Bio-Rad Laboratories. Alere Inc, Danaher Corporation, and Johnson and Johnson.
Scope of the Report
The research study analyzes the global Infectious Disease Diagnostic industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Infectious Disease Diagnostic Market Report
1. What was the Infectious Disease Diagnostic Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Infectious Disease Diagnostic Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Infectious Disease Diagnostic Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Infectious Disease Diagnostic market.
- The market share of the global Infectious Disease Diagnostic market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Infectious Disease Diagnostic market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Infectious Disease Diagnostic market.
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