Global Infectious Disease Diagnostics Market Set for a Positive Growth Forecast at CAGR of 5.6% till 2022
Bharat Book Bureau Provides the Trending Market Research Report on “Global Infectious Disease Diagnostics Market, Forecast to 2022” under Life Sciences category. The report provides information on industry overview, market size, latest developments, industry trends, Major Players, global presence, and their future prospects.
Global Infectious Disease Diagnostics Market is projected to grow at a CAGR of 5.6%
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. However, inadequate reimbursement and rising healthcare cost limiting usage of novel diagnostic technologies are expected to restrain the growth of this market during the forecast period.
Request a free sample copy of Infectious Disease Diagnostics Market Report @ https://www.bharatbook.com/request-sample/565694
The assays, kits, & reagents segment accounted for the largest share in 2017
Based on product & service, the infectious disease diagnostics market is segmented into assays, kits, & reagents; instruments; and services & software. The assays, kits, and reagents segment accounted for the largest share of the global infectious disease diagnostics market in 2017. The large share of this segment can be attributed to the increasing number of infectious disease diagnostic tests carried out; easy accessibility to a wide range of reagents; and the growing need for reliable, specific, and faster detection of infectious diseases in the early stages.
Asia Pacific is projected to grow at the highest CAGR during the forecast period
Geographically, Asia Pacific is expected to register the highest CAGR during the forecast period. The growth of this regional segment can be attributed to the growing GDPs and a significant rise in disposable income levels, increased healthcare spending by a larger population base, modernization of healthcare infrastructure, and rising penetration of cutting-edge clinical laboratory technologies (especially in rural areas).
Break-up profile of primaries:
- By Company Type- Tier 40%, Tier 30%, and Tier 30%
- By Designation-C-level-27%, D-level-18%, and Others-55%
- By Region-North America-50%, Europe-20%, Asia Pacific-20%, and RoW-10%
The key players in the global infectious disease diagnostics market are Abbott (US), Becton, Dickinson and Company (BD) (US), bioMerieux (France), Bio-Rad (US), and Roche (Switzerland).
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https://www.bharatbook.com/medical-devices-market-research-reports-565694/infectious-disease-diagnostics-product-service-type-technology-end-user-global-forecast
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Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
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Global Infectious Disease Diagnostics Market is projected to grow at a CAGR of 5.6%
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. However, inadequate reimbursement and rising healthcare cost limiting usage of novel diagnostic technologies are expected to restrain the growth of this market during the forecast period.
Request a free sample copy of Infectious Disease Diagnostics Market Report @ https://www.bharatbook.com/request-sample/565694
The assays, kits, & reagents segment accounted for the largest share in 2017
Based on product & service, the infectious disease diagnostics market is segmented into assays, kits, & reagents; instruments; and services & software. The assays, kits, and reagents segment accounted for the largest share of the global infectious disease diagnostics market in 2017. The large share of this segment can be attributed to the increasing number of infectious disease diagnostic tests carried out; easy accessibility to a wide range of reagents; and the growing need for reliable, specific, and faster detection of infectious diseases in the early stages.
Asia Pacific is projected to grow at the highest CAGR during the forecast period
Geographically, Asia Pacific is expected to register the highest CAGR during the forecast period. The growth of this regional segment can be attributed to the growing GDPs and a significant rise in disposable income levels, increased healthcare spending by a larger population base, modernization of healthcare infrastructure, and rising penetration of cutting-edge clinical laboratory technologies (especially in rural areas).
Break-up profile of primaries:
- By Company Type- Tier 40%, Tier 30%, and Tier 30%
- By Designation-C-level-27%, D-level-18%, and Others-55%
- By Region-North America-50%, Europe-20%, Asia Pacific-20%, and RoW-10%
The key players in the global infectious disease diagnostics market are Abbott (US), Becton, Dickinson and Company (BD) (US), bioMerieux (France), Bio-Rad (US), and Roche (Switzerland).
Click the link below to read the Full report :
https://www.bharatbook.com/medical-devices-market-research-reports-565694/infectious-disease-diagnostics-product-service-type-technology-end-user-global-forecast
About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
Follow us on : Twitter, Facebook, LinkedIn, Google Plus
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