Tuberculosis Diagnostics - Global Market Outlook (2017-2023)

According to Stratistics MRC, the Global Tuberculosis Diagnostics market is accounted for $2.24 billion in 2016 and is expected to reach $3.30 billion by 2023 growing at a CAGR of 5.7% from 2016 to 2023. Increasing cases of tuberculosis is one of the major factor responsible for high market growth. Furthermore, rising government initiatives, growing requirement of POC in healthcare and increasing geriatric population are some factors that are positively affecting the market. However, lack of awareness among the patients is hindering the market.

Based on test type, diagnostic laboratory method segment dominated the global market as they are cost efficient and easy-to-perform. These tests also include smear microscopy and culture-based tests. The regions with high burden rely on these methodologies owing to their technical and financial inability to incorporate advanced technologies.

Depending on geography, Asia Pacific region is expected to provide profitable growth over the forecast period owing to its huge population base and high burden as well the rapid proliferation of this disease. Countries such as India, China, Afghanistan, and Indonesia have been recognized as the high burden countries. Hence government agencies and WHO have planned initiatives to fortify the force of diagnostic centers including laboratories and the screening networks.

Some of the key players in this market include Siemens, F.Hoffmann-La Roche AG, BioMérieux SA, Becton, Dickinson and Company , Alere, Inc., Hain Lifesciences GmBH, Abbott Laboratories, Cepheid, Akkoni, Hologic Corporation, AutoGenomics, iCubate, MARTI TB Diagnostics, Thermo Fisher Scientific, Inc., Sanofi and Qiagen.

End Users Covered:
• Diagnostic laboratories
• Hospitals

Test Types Covered:
• Detection of drug resistance
• Radiographic method
• Diagnostic Laboratory methods
• Detection of latent infection
• Nucleic acid testing
• Phage assay
• Mantoux Test
• Cytokine detection assay
• Other Test Types

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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