Infectious Respiratory Disease Diagnostics Market Poised for Robust Growth, forecasted 2023-28
MarkNtel Advisors has released its latest report highlighting strong growth in The Global Infectious Respiratory Disease Diagnostics Market is expected to grow at a considerable CAGR during the forecast period, i.e., 2023-28.
Report Coverage
This report offers a comprehensive analysis of the Infectious Respiratory Disease Diagnostics Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2022
- Forecast Years: 2023-28
- Historical Years: 2018-21
Infectious Respiratory Disease Diagnostics Market Overview
Respiratory infectious diseases like pneumonia, bronchitis, sinus infections, and laryngitis, among others, are the third leading cause of death and result in over 3 million deaths every year globally, cites WHO. The mounting prevalence of these illnesses owing to changing lifestyles, increasing adoption of advanced molecular therapeutics, rapidly rising elderly population, and various initiatives taken by governments & non-profit organizations across different countries worldwide toward minimizing the incidence of these diseases are the prime aspects projected to drive the Infectious Respiratory Disease Diagnostics Market through 2028.
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Infectious Respiratory Disease Diagnostics Market Segmentation Outlook
The Infectious Respiratory Disease Diagnostics is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Product Type
- Instruments
- Consumables
- Services
By Sample Type
- Nasopharyngeal Swabs (NPS)
- Saliva
- Anterior Nasal Region
- Blood
- Others
By Application
- Covid-19
- Influenza
- RSV (Respiratory Syncytial Virus)
- Tuberculosis
- Streptococcus Testing
- Others
By Technology
- Immunoassay
- Molecular Diagnostics
- Microbiology
- Others
By End-User
- Hospitals
- Diagnostic Laboratories
- Physician Offices
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Infectious Respiratory Disease Diagnostics Market Driver
The rise in the frequency of Respiratory Infectious Diseases drives Market Growth - The increasing geriatric population, the growing adoption of advanced molecular techniques due to The growing prevalence of respiratory diseases such as RSV, influenza, tuberculosis, etc., and government initiatives taken to reduce infectious disease incidents, drive the Market size. As per the analysis of the United States, around 4.2 million people are affected by pneumonia every year. To improve production to fulfill the surging demand in diagnostics for diagnosis of infectious respiratory diseases, some manufacturers are producing innovative techniques. For instance, in 2021, an InstaSwab utilizing 3D printing was introduced to meet the supply shortage of sample collection kits due to the COVID-19 pandemic.
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Top Infectious Respiratory Disease Diagnostics Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies Abacus Diagnostica Oy, Abbott Laboratories, Agilent Technologies, Inc., Becton, Dickinson and Company (BD), Biocartis, bioMérieux SA, Bio-Rad Laboratories, Inc., Danaher, F. Hoffmann-La Roche Ltd, Koninklijke Philips N.V., Illumina, Inc., QIAGEN N.V., Siemens Healthcare GmbH, Thermo Fisher Scientific Inc., PerkinElmer, Inc., Hologic Inc., Novacyt Group, Qiagen, Quidel Corporation, Seegene, Inc., SDI Diagnostics Others as key players shaping the market landscape.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2028?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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