Global Tuberculosis Testing Market- Trends, Price, Share and Growth Rate from 2017 to 2023
Our latest research report entitled Global Tuberculosis Testing Market (by test type (culture based tests, nucleic acid testing (NAT); smear microscopy, IGRA, mantoux test, chest x-ray, xpert test, serological tests), end-user (hospitals, academics, research, reference, physician's office laboratories)) provides complete and deep insights into the market dynamics and growth of Global Tuberculosis Testing. Latest information on market risks, industry chain structure Global Tuberculosis Testing cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Global Tuberculosis Testing growth factors.
The forecast Global Tuberculosis Testing Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Global Tuberculosis Testing on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. The global tuberculosis testing market is projected to grow at a CAGR of 4.5% over the forecast period of 2017 – 2023. It was worth USD 2230.0 million in 2015 and is projected to reach USD 3262.2 million by 2023.
Tuberculosis is a highly infectious bacterial infection, and is caused due to Mycobacterium tuberculosis or MTB infection and majorly infects human lungs. Tuberculosis (TB) can be caught by breathing in air that an infected person has contaminated through: Breathing, coughing. Furthermore, the disease is ranked second leading cause of death, after human immunodeficiency virus (HIV). Individual majorly suffer from two predominant forms of TB: Active tuberculosis and Latent tuberculosis. The global tuberculosis testing market comprises diagnostic tests, equipment’s and testing procedures that contribute assistance in diagnostic of tuberculosis infection.
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Coupled with high prevalence and incidences of TB are the major factors responsible for high growth of tuberculosis testing market. In addition, availability of new improved tests, increasing awareness level, developing infrastructure and increased involvement of some of the world’s leading organizations such as WHO (World Health Organization) and FIND (Foundation for Innovative New Diagnostics) contributing to the global growth of this market. On the other hand, High cost associated with testing procedures, lack of specificity and requirement of specialized equipment’s are the prime challenges of this market that are likely to limit the global growth over the forecast period. Rising prevalence of TB, numerous tuberculosis awareness and control program launched by the government organizations and great market potential due to developing economies expected to bring new growth opportunities in near future.
Segment Covered
The report on global tuberculosis testing market covers segments such as test type and end-user. On the basis of test type the global tuberculosis testing market is categorized into smear microscopy, nucleic acid testing, radiography, culture based tests, drug susceptibility testing, others. On the basis of end-user the global tuberculosis testing market is categorized into hospitals, laboratories, others.
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