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Find out why Infectious Disease Diagnostics Market is growing rapidly by top key players like F. Hoffmann-La Roche Ltd, Trinity Biotech, Cardinal Health, bioMérieux SA, Bio-Rad Laboratories, Inc., AccuBioTech

Press release   •   Jan 26, 2019 01:07 IST

Infectious Disease Diagnostics Marke

The growth of global infectious disease diagnostics market is expected to be driven by various factors such as increasing prevalence of infectious and vector-borne diseases, and advances in molecular and immunodiagnostics is expected to propel the growth of the global infectious disease diagnostics market. However, absence of compiled regulatory guidelines and lack of centralized laboratory facilities in developing and under-developed laboratories are expected to hinder the market growth at certain extent. On the other hand, the immunodiagnostic kits and home-based point-of-care diagnostic tools for detection of various diseases is expected to be one of the most prevalent trend in the infectious disease diagnostics market.

Infectious diseases are caused by microorganisms such as bacteria, fungi, virus, and other organism species. Infectious disease diagnostics are the procedures utilized by hospitals, clinical laboratories, and others to detect or identify the foreign antigen/organism by using various diagnostic tools. This helps to identify the type of pathogen that has entered the patient's body as well as the degree of extent to which the infection is spread in the body. The diagnostic procedure may be carried out with the help of conventional diagnostic tests or point-of-care testing tools.

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The infectious disease diagnostics market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global infectious disease diagnostics market based on technology, disease indication and end user. It also provides market size and forecast till 2025 for overall infectious disease diagnostics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.

North America holds a dominant position in the global infectious disease diagnostics market. This is primarily attributed to the advancements in the diagnostic tools and technologies, increasing prevalence of infectious diseases, and presence of highly developed healthcare infrastructure in this region. Asia Pacific on the other hand is expected to witness significant traction over the forecast period owing to the development of novel diagnostic products at affordable costs. The emerging economies in Asia Pacific such as India and China are expected to be the primary consumers of the diagnostic tests owing to lack of awareness regarding sanitation and hygiene in these countries leading to incidence of infectious diseases.

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The infectious disease diagnostics market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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