The global Tuberculosis Diagnostics Market is expected to
reach USD 3.1 billion by 2024, according to a new report by Grand View
Research, Inc. Advent of advanced diagnostic methods such as Interferon-gamma
Release Assay (IGRA), serological methods, and nucleic acid testing have
resulted in the high usage rate of diagnostics. Moreover, Point of Care (POC)
technologies such as antigen assays are also promoting the diagnosis rate of
TB.
These advanced methods
including POC diagnostics are affordable, accurate, simple, and yield quick
results. Furthermore, the rising burden of TB is the primary factor responsible
for the lucrative market growth. As per the World Health Organization, the
global estimates of patients afflicted with TB were around 9.6 million in 2014.
This high prevalence rate has led the government, healthcare organizations,
research institutes, and market players to initiate endeavors directed toward
containing the incidence of this infectious disease.
The increasing screening rate
in the high burden regions, affordability of diagnostics, advanced
methodologies, faster clinical decisions, and reduction in mortality rate are
the focal areas of development. Improved preventive and curative diagnosis
rates are the end results of these initiatives. This has led to a subsequent
upsurge in the demand for diagnostic tests and the TB diagnostics market.
Browse Details of Report @
http://www.grandviewresearch.com/industry-analysis/tuberculosis-diagnostics-market
http://www.grandviewresearch.com/industry-analysis/tuberculosis-diagnostics-market
Further key findings from the study suggest:
- Based on tests type, the tuberculosis
diagnostics market is segmented into radiographic methods, diagnostic
laboratory methods, nucleic acid testing, phage assay, detection of latent
infection, cytokine detection assay, and detection of drug resistance.
- Diagnostic laboratory tests dominated the test
type segment with 38.0% market share in 2015 as they are cost efficient
and easy-to-perform. Diagnostic laboratory tests include smear microscopy
and culture-based tests. The high burden regions rely on these methodologies
due to their financial and technical incapability to incorporate advanced
technologies thus contributing to the growth of the diagnostic laboratory
tests segment.
- However, compromised accuracy and the longer
processing time are the limiting factor for the diagnostics. Hence,
healthcare agencies are striving to implement advanced techniques in the
developing regions.
- As a result, nucleic acid tests segment and the
latent infection detection segment, which includes skin tests and IGRA,
are likely to exhibit a profitable growth rate. These methods overcome the
aforementioned limitations thus improving affordability, processing time
and accuracy of the diagnostic method.
- Drug resistance in tuberculosis is one of the
primary concerns for healthcare professionals as improper treatment due to
wrong drug regimen and incorrect dosage forms lead to the development of
drug resistance in TB patients undergoing treatment. Hence, the drug
resistance detection segment is also anticipated to witness lucrative growth.
- Asia Pacific owing to its huge population base
and high burden of TB dominated the global TB diagnostics market in 2015.
As per the WHO, countries such as India, China, Afghanistan, and Indonesia
are priority regions for control of this communicable disease.
- The players in the TB testing market include
Thermo Fisher Scientific, Inc., Hologic Corporation, Abbott Laboratories,
Alere, Inc., Becton, Dickinson and Company, F. Hoffmann-La Roche AG,
bioMérieux SA, Sanofi, Cepheid, Hain Lifescience GmbH, and QIAGEN.
- New product launches, collaboration, mergers
& acquisitions, and regional expansion are the key strategic
initiatives undertaken by these industry players
- For instance, in July 2016, bioMérieux launched
a novel CE marked database and reagents kit VITEK MS for the
identification of TB. This new product launch is anticipated to help the
company increase its market share.
Grand View Research has
segmented the global tuberculosis diagnostics market on the basis of test type,
and region.
Global Tuberculosis Diagnostics Test Type Outlook
(Revenue, USD Million, 2013 - 2024)
- Radiographic Method
- Diagnostic Laboratory Methods
- Smear Microscopy
- Culture-based Test
- Nucleic Acid Testing
- Phage Assay
- Detection of Latent Infection
- Cytokine Detection Assay
- Detection of Drug Resistance
- Other Methods
Tuberculosis Diagnostics Regional Outlook (Revenue, USD
Million, 2013 - 2024)
- North America
- U.S.
- Canada
- Europe
- UK
- Russian Federation
- Asia Pacific
- China
- India
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
About
Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: http://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: http://www.grandviewresearch.com
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