- The key vendors in the global infectious disease diagnostic testing market 2015-2019 are Abbott Diagnostics, Alere, bioMérieux, DiaSorin and Roche Diagnostics.
London, 06 October 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global infectious disease diagnostic testing market 2015-2019. Recent innovations such as the shift from centralized to decentralized POC testing, and from single-analyte testing to multiplex testing, along with nucleic acid-based testing options are demonstrating a significant impact on the practice of medicine and clinical testing. The global infectious disease diagnostic testing market is expected to grow at a CAGR of 11.48% during 2014-2019.
The increased prevalence of infectious diseases such as HIV, tuberculosis, malaria, and HCV will contribute to the growth. The growing awareness of diagnostic tests, advances in technology and innovations in diagnostic testing, and increasing demand for accurate diagnostic products are expected to propel market growth in the future.
“The implementation of several initiatives to build healthcare infrastructure, along with increased healthcare budgets and advances in technology, have propelled market growth in the developing countries,” says Faisal Ghaus, Vice President of Technavio Research.
“Growing awareness of diagnostic procedures and availability of treatment options for these diseases provide ample opportunities for global vendors to grow in the diagnostic industry in emerging countries.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Infectious Disease Diagnostic Testing Market 2015-2019, please send an e-mail to media@TechNavio.com
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