Global Tuberculosis Testing Market Size, Trends & Growth Opportunity, By Test Type, By End User, By Region, and Forecast from 2022 to till 2027.
Global Tuberculosis Testing Market
The Global Tuberculosis Testing Market is projected to grow from USD 2.05 billion in 2021 to USD 2.60 billion by 2027 at a CAGR of over 3.8% during the forecast period.
Tuberculosis is a communicable disease cause by a type of bacteria named as “Mycobacterium Tuberculosis.” The infectious bacteria generally attack to the patient`s Lungs. The infection can also cause to the other parts of body such as Brain and Spine. There are couple of tests to detect the Tuberculosis Bacteria in the body are The Blood Test and the skin Test (TST).
Market Drivers
The growing incidence of the disorder will ultimately boost demand for these diagnostics. Increasing screening rate in high burden regions, affordability of diagnostics, advanced methodologies faster clinical decision and reduction in mortality rate are the key segments of development. Enhanced preventive & curative diagnosis rate are the main moto of these initiatives. This ultimately results in increasing demand for diagnostic test and TB Diagnostic Market. Spreading awareness about importance of diagnosis & treatment are the important factor in growing the screening and diagnosis rate which indirectly helping in drive the TB Diagnostic Market.
Market Restraints
Drug resistance in Tuberculosis patients undergoing treatment is the one of the key factors for healthcare professionals because of improper treatment as wrong drug regime & incorrect dosage form led to restraining the market growth. High price diagnostic technology is one of the strong hindrances for market growth in the emerging regions.
Market Segmentation
The Global Tuberculosis Testing Market is segmented into Test Type, End User and Region. By Test Type such as Chest X-Ray, Culture-Based Test, Interferon Gamma Release Assay (IGRA), Mantoux Test (TST), Nucleic Acid Testing (NAT), Xpert Test, Serological Test, Smear Microscopy, Other Tests (ADA,etc.) By End User such as Academics & Research, Hospitals Laboratories, Physicians Office Laboratories, Reference Laboratories, Others (Home Health Agencies,etc).
Regional Analysis
Global Tuberculosis Testing Market is segmented into five regions such as North America, Europe, Asia Pacific, Latin America, and MEA. Among all of the regions Asia Pacific dominated the Global Tuberculosis Testing Market and is expected to grow at highest CAGR during the forecast period. The Middle East & Africa Region anticipated to have the third-largest share due to relatively faster speed of increasing incidences of Tuberculosis. Europe captured the third highest Tuberculosis Diagnostic Market share in 2020 that is attribute to the strong Diagnostic volume in Major European Countries & increasing expenditure on Research & Development in Europe leading to new product launches.
Key Players
Various Key Players are listed in this report such as Abbott Laboratories, Inc., Akonni Biosystems, Inc. Alere, Inc., Becton, Dickinson and Company, BioMerieux SA, Cepheid, Inc., Creative Diagnostics Danaher Corporation, Epistem Ltd., F. Hoffmann-La Roche AG.
Market Taxonomy
By Test Type
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