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Tuberculosis Diagnostics Market Share, Size 2019-2024 | Industry Analysis, Overview of Market Dynamics, Top Key Players, and Regional Forecast to 2024

Tuberculosis

The “Tuberculosis Diagnostics Market” report 2019 covers all the significant developments which are recently being adopted across the global market. The prime objective of Tuberculosis Diagnostics market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. The Tuberculosis Diagnostics market report covers both the demand and supply aspect of the market. The report also highlighted the future trends in the Tuberculosis Diagnostics market that will impact the demand during the forecast period.

Scope of the Report:

  • Tuberculosis (TB) is a disease affecting the population across the world. Although tuberculosis is a curable disease, it still remains one of the most common causes of death among adults, particularly in emerging economies. The government initiatives for promoting diagnoses in TB are increasing globally, as governments of various regions are beginning to understand the gap areas in TB management.

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    Market Overview:

  • The tuberculosis diagnostics market has witnessed a CAGR of 4.56%. Factors propelling the growth of the market include the increasing burden of tuberculosis and multidrug-resistant tuberculosis, increasing R&D investments, intensive product pipelines, and increasing government initiatives in the emerging markets.
  • The landscape of TB diagnostics has changed dramatically during the past ten years. Moreover, in response to WHO’s Global TB Programme, it has implemented a systematic and dynamic process, that is used to evaluate technologies and develop policies, which has, thus, enhanced the growth of the market.
  • The prevalence rate of tuberculosis is also increasing every year, along with the number of government awareness programs that are influencing people to opt for diagnostic tests (like radiographic tests), which are expected to drive the market during the forecast period.
  • The market is also expected to witness growth as there is an opportunity for players in the market studied to accelerate the market approval of their pipeline diagnostic products by spurring the fundamental research in TB. Additionally, technological developments in fields, like genomics and proteomics, can be leveraged by diagnostic providers to hasten the process of product development in TB diagnostics.

    Some of the Top Key Players of Tuberculosis Diagnostics Market Report Are:

  • Abbott Laboratories
  • Becton, Dickinson and Company
  • BioMerieux SA
  • Cepheid
  • F. Hoffmann
  • La Roche AG
  • Hain Lifescience GmbH
  • Hologic Corporation
  • Qiagen
  • AdvaCare Pharma
  • Thermo Fisher Scientific Inc.

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Nucleic Acid Testing is expected to hold its Highest Market Share among the Diagnostic Tests

    In the application type segmentation of the tuberculosis diagnostics market nucleic acid testing is believed to have the largest market size, and is expected to witness a CAGR of 5.4% during the forecast period. This can be attributed to the nucleic acid amplification tests (NAATs) that have been used as diagnostic tools for tuberculosis (TB) in the United States since many years, and which still continue to be used. There are substantial advancements in the diagnosis of TB. Moreover, hese tests have been commercially available in the United States for over two decades that offer better accuracy than other microscopy tests, and even provide greater speed than culture-based tests.

    The smear laboratory test is also highly specific in areas with a very high prevalence of tuberculosis. Further, the increasing prevalence rate of TB and advancements in culture-based tests are also expected to drive the market during the forecast period.

    Asia-Pacific is the Largest Regional Tuberculosis Diagnostics Market and is expected to be the Same in the Forecast Period

    Asia-Pacific is anticipated to exhibit profitable growth over the forecast period due to its high burden as well the rapid proliferation of this disease. The increasing prevalence of TB in Japan helps in the growth of the TB diagnostics market, as the high prevalence of TB creates an urgent demand for effective and quick diagnosis of the disease.

    In addition, according to the recent budget announcement, Government of India aims to eliminate tuberculosis (TB) by 2025, which is expected to act as a major factor for the growth of the Asia-Pacific market during the forecast period.

    The Report Covers:

    • Comprehensive research methodology of Tuberculosis Diagnostics market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Tuberculosis Diagnostics market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Tuberculosis Diagnostics Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Burden of Tuberculosis and Multidrug-resistant Tuberculosis (MDR-TB)
    4.2.2 Increasing R&D Investments and Intensive Product Pipelines
    4.2.3 Increasing Government Initiatives and Rising Awareness in the Emerging Markets
    4.3 Market Restraints
    4.3.1 High Costs Associated with Tuberculosis Diagnostics
    4.3.2 Low Coverage or Absence of Insurance in the Emerging Markets
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Diagnostic Test Type
    5.1.1 Radiographic Test
    5.1.2 Laboratory Test
    5.1.3 Nucleic Acid Testing
    5.1.4 Cytokine Detection Test
    5.1.5 Drug Resistance Test
    5.1.6 Other Diagnostic Test Types
    5.2 By End User
    5.2.1 Hospital/Clinics
    5.2.2 Diagnostics/Research Laboratory
    5.2.3 Other End Users
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Abbott Laboratories
    6.1.2 Becton, Dickinson and Company
    6.1.3 BioMerieux SA
    6.1.4 Cepheid
    6.1.5 F. Hoffmann-La Roche AG
    6.1.6 Hain Lifescience GmbH
    6.1.7 Hologic Corporation
    6.1.8 Qiagen
    6.1.9 AdvaCare Pharma
    6.1.10 Thermo Fisher Scientific Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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