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Infectious Disease Diagnostics Market Forecast and Analysis Diseases Like Hepatitis, HIV, HAI, HPV, TB and Influenza to 2023

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Infectious disease diagnostics market are those devices which are used for the detection of microorganism present in the human body. Infectious diseases are caused due to various means such as infected food, water, air, surrounding, from an infected person, and others. Bacteria, virus, fungi, and others are the main protozoan’s responsible for such infections.

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The global infectious disease diagnostics market is expected to reach USD 19.35 billion by 2022 from USD 14.73 billion in 2017, at a CAGR of 5.6%. Growth in this market can primarily be attributed to factors such as increasing global prevalence of infectious diseases, shift in focus from centralized laboratories to decentralized point-of-care testing, and growth in funding for research on infectious disease diagnostics.

Executive Summary

Premium Insights
4.1 Infectious Disease Diagnostics: Market Overview
4.2 Infectious Disease Diagnostics Market, By Technology and Region (2017)
4.3 Market, By Product & Service, 2017 vs 2022 (USD Billion)
4.4 Market, By End User

Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Global Prevalence of Infectious Diseases
5.2.1.2 Shift in Focus From Centralized Laboratories to Decentralized Point-Of-Care Testing
5.2.1.3 Growth in Funding for Research on Infectious Disease Diagnostics
5.2.2 Restraints
5.2.2.1 Inadequate Reimbursements
5.2.2.2 Rising Healthcare Costs Limiting the Use of Novel Diagnostic Techniques
5.2.3 Opportunities
5.2.3.1 Advances in Genomics and Proteomics
5.2.3.2 Growing Awareness About Personalized Medicine
5.2.3.3 Growth Opportunities in Emerging Markets

Infectious Disease Diagnostics Market, By Product & Service
6.1 Introduction
6.2 Assays, Kits, & Reagents
6.3 Instruments
6.4 Services & Software

One of the major factors driving the growth of infectious disease diagnostics market is a constant increase in the prevalence of infectious diseases over the period of time. There are various initiatives taken by the government to increase the awareness and prevention of infectious diseases, which is expected to fuel the growth of infectious disease diagnostics market. Furthermore, technological advancement and new product launch in the market is also expected to support the growth of infectious disease diagnostics market.

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The infectious disease diagnostic market is segmented on the basis of product, technology, application, end-user, and region. Based on product, the market is divided into instruments, consumables (assays and reagents), and software and services. On the basis of technology, the market is segmented into traditional methods and molecular diagnostics.

Individual organizations, manufacturers, and research institutes are forming partnerships, and collaborations to advance research and development of diagnostic tests for infectious diseases. Moreover, funding by individual organizations to advance research is expected to boost the growth of the market over the forecast period.



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