WASHINGTON, March 21, 2022 (GLOBE NEWSWIRE) -- According to a new market research report " Infectious Disease Diagnostics Market Size, Share & Trends Analysis Report by Product (Reagents, Kits, and Consumables, Instruments, Software & Services), by Type of Testing (Laboratory Testing, POC Testing), by Technology (Immunodiagnostics, Clinical Microbiology, PCR, INAAT), by Disease Type (COVID-19, HIV , HAIs , Hepatitis ), by End User (Diagnostic Laboratories, Hospitals & Clinics, Academic Research Institutes, Other End Users), by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)", published by Vantage Market Research, the global post COVID-19 market size of the Infectious Disease Diagnostics Market is expected to grow from USD 27,824.80 Million in 2021 to USD 41,291.40 Million by 2028 at a CAGR of 6.80% during the forecast period.
Market Synopsis-
Diagnostics assume a crucial part in deciding the course of any clinical treatment. While Infectious diseases diagnostics help in diagnosing disease caused because of pathogenic disease. The universe of diagnostics is advancing quickly and the worldwide market for Infectious diseases diagnostics is developing at a consistent speed since the beyond couple of years.
The prevalence of infectious diseases, growing awareness for early diagnosis, & onset of COVID-19 are factor driving growth of the target market over the forecast period. Infectious diseases are among the main sources of dreariness and passing. The new episode of the COVID-19 pandemic has likewise increased the interest for different POC symptomatic test packs to control the spread of the COVID. Diagnostics is the first and most significant stage for disease disclosure and treatment as well as developing logical innovative work is fundamentally altering the manner in which rapid diagnostics are being performed. Continuous mechanical improvements will keep on changing the scene of industry over the forecast period.
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Key Insights & Findings from the Report:
- According to our primary respondents’ research, the Infectious Disease Diagnostics market is predicted to grow at a CAGR of roughly 6.80% during the forecast period.
- The Infectious Disease Diagnostics market was estimated to be worth roughly USD 27,824.80 Million in 2021 and is expected to reach USD 41,291.40 Million by 2028; based on primary research.
- On the basis of region, Asia-Pacific is projected to dominate the worldwide Infectious Disease Diagnostics market.
List of Prominent Players in the Infectious Disease Diagnostics Market:
- Abbott Laboratories (US)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Bio Mérieux SA (France)
- Thermo Fisher Scientific Inc. (US)
- Danaher Corporation (US)
- Quidel Corporation (US)
- Hologic, Inc. (US)
- Siemens Healthineers AG (Germany)
- Becton
- Dickinson and Company (US)
- PerkinElmer Inc. (US)
- QIAGEN (Netherlands)
- Grifols S.A. (Spain)
- Dia Sorin S.p.A (Italy)
- Bio-Rad Laboratories, Inc. (US)
- Sysmex Corporation (Japan)
- Ortho Clinical Diagnostics (US)
- Luminex Corporation (US)
- Meridian Bioscience (US)
- Genetic Signatures (Australia)
- Ora Sure Technologies (US)
- Trinity Biotech Plc. (Ireland)
- Chem bio Diagnostic Systems, Inc. (US)
- Seegene Inc. (South Korea)
- Co-Diagnostics, Inc. (US)
- ELI Tech Group (France)
- Epitope Diagnostics, Inc. (US)
- Trivitron Healthcare (India)
- Meril Life Sciences Pvt. Ltd. (India)
- In Bios International, Inc. (US)
- ABACUS Diagnostica Oy (Finland)
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Market Dynamics:
Drivers-
The pervasiveness of infectious disease in created and creating districts will decidedly impact the development of the Infectious Disease Diagnostics Market. The conclusion and the executives of such diseases are answerable for the expanding number of solutions for infectious infection indicative tests. These variables, close by the developing pattern for preventive medication, is relied upon to drive the interest for Infectious sickness diagnostics during the gauge time frame. The wide scale populace based testing is expected to further develop avoidance and control endeavors for COVID-19. These tests are performed by Infectious Disease Diagnostics Market; subsequently, it is relied upon to decidedly affect this market.
Challenges:
Diagnostic kits are costly makers actually have unfortunate dissemination channel for working across arising economies. These two variables are projected to be the critical difficulties to fast income development of the global Infectious Disease Diagnostics Market.
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Regional Trends:
North America accounted the significant share in the global Infectious Disease Diagnostics Market in 2021, and is expected to dominate during the forecast period, owing to inferable from ascend in pervasiveness of infectious disease, presence of vital participants, improvement of the medical services area, presence of public clinical research facilities, and progression in innovation for indicative instruments in the district. Be that as it may, Asia-Pacific is projected to grow at a rapid rate in the upcoming years, attributable to increment in pervasiveness of infectious disease, ascend popular for early conclusion, improvement of medical care foundation, and innovative progression in demonstrative testing.
Recent Developments:
In December 2021, Roche sent off the principal irresistible infection tests on the cobas 5800 System, another sub-atomic research facility instrument, in nations tolerating the CE mark.
The report on the Infectious Disease Diagnostics Market highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historic Data, Estimates, and Forecast
- Company Profiles
- Global and Regional Dynamics
Browse market data Tables and Figures spread through 132 Pages and in-depth TOC on "Infectious Disease Diagnostics Market Size, Share & Trends Analysis Report by Product (Reagents, Kits, and Consumables, Instruments, Software & Services), by Type of Testing (Laboratory Testing, POC Testing), by Technology (Immunodiagnostics, Clinical Microbiology, PCR, INAAT), by Disease Type (COVID-19, HIV, HAIs, Hepatitis), by End User (Diagnostic Laboratories, Hospitals & Clinics, Academic Research Institutes, Other End Users), by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)" View detailed Research Report here – https://www.vantagemarketresearch.com/press-release/infectious-disease-diagnostics-market-market-735289
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Infectious Disease Diagnostics Market?
- How will the Infectious Disease Diagnostics Market change in the upcoming six years?
- Which application and product will take a lion’s share of the Infectious Disease Diagnostics Market?
- What is the Infectious Disease Diagnostics market drivers and restrictions?
- What will be the CAGR and size of the Infectious Disease Diagnostics Market throughout the forecast period?
This market titled “Infectious Disease Diagnostics Market” will cover exclusive information in terms of Geographic Segmentation, Forecast, Regional Analysis, Key Market Trends, and various others as mentioned below:
| Parameter | Details |
| Market Size in 2021 | USD 27,824.80 Million |
| Projected Market Size in 2028 | USD 41,291.40 Million |
| CAGR Growth Rate | CAGR of 6.80% From 2022 – 2028 |
| Market Size Provided for Years | 2016-2028 |
| Base Year | 2021 |
| Historic Years | 2016-2020 |
| Forecast Years | 2022-2028 |
| Segments Covered |
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| Region & Counties Covered |
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| Companies Covered |
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| Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
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