Infectious Disease Diagnostics Market Analysis, Historic Data and Forecast 2021-2027

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According to recent market study published by Nova One Advisor  Market reports titled, “Global Infectious Disease Diagnostics Market Size, Share, Trends Analysis , Opportunity and Forecast, 2021-2027”,The global Infectious Disease Diagnostics market gathered revenue around USD 27.45 Billion in 2020 and market is set to grow USD 38.25 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 7.0% during the prediction period 2021 to 2027.

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Report Scope of the Infectious Disease Diagnostics Market

Report Scope Details
Market Size USD 38.25 Billion by 2027
Growth Rate CAGR of 7.0% From 2021 to 2027
Base Year 2020
Forecast Period 2021 to 2027
Historic Data 2017 to 2020
Report coverage Growth Factors, Revenue Status, Competitive Landscape,  and Future Trends
Segments Covered Product, Type of Testing, Technology, Disease Type, End User and Region
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned Abbott Laboratories, Becton Dickinson and Company, BioMerieus SA, Bio-Rad Laboratories, Danaher Corporation, F Hoffman-La Roche, Hologic Inc., Luminex Corporation, Qiagen Inc., and Thermo Fisher Scientific Inc.

Growth Factors:

The Market growth is driven by factors such as global prevalence of infectious diseases & onset of COVID-19 and the growing awareness for early disease diagnosis, shift in focus from centralized laboratories to decentralized POC testing and rising technological advancements. On the other hand, an unfavorable reimbursement scenario is expected to limit market growth to a certain extent in the coming years.

The infectious disease diagnostics market is segmented into reagents, kits, and consumables; instruments; and software & services. The reagents, kits, and consumables segment accounted for the highest growth rate in the infectious disease diagnostics market in 2020. The requirement of reagents, kits and consumables in large numbers compared to instruments is the main factor contributing to this segment’s high growth rate. This segment’s market growth can also be attributed to repeat purchases of reagents, kits, and consumables compared to instruments.

Market Dynamics
Driver: Global prevalence of infectious diseases and onset of COVID-19
The prevalence of infectious diseases in developed and developing regions will positively influence the growth of the infectious disease diagnostics market. The diagnosis and management of such diseases are responsible for the increasing number of prescriptions for infectious disease diagnostic tests. These factors, alongside the growing trend for preventive medicine, is expected to drive the demand for infectious disease diagnostics during the forecast period. The broad-scale population-based testing is required to improve prevention and control efforts for COVID-19. These tests are performed by infectious disease diagnostics; hence, it is expected to have a positive impact on this market.

Restraint: 
Inadequate reimbursement is a major factor restraining the growth of the infectious disease diagnostics market. A major challenge that most diagnostic companies face in commercializing their tests is getting health insurers to pay for them.

Opportunity:
Developing economies such as India, South Korea, Brazil, and Mexico are expected to offer potential growth opportunities for major players operating in the infectious disease diagnostics market. This can be attributed to the high disease prevalence, large patient population, improving healthcare infrastructure, increasing disposable income, and growing medical tourism in these countries. In addition to the factors mentioned above, the Asia Pacific has emerged as an adaptive and business-friendly hub due to relatively less stringent regulations and data requirements.

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Recent report on the Infectious Disease Diagnostics market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the Infectious Disease Diagnostics market analyzes the scenario for the period of 2017 to 2027, wherein, 2021 is the base year and 2020 is historical data. This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global Infectious Disease Diagnostics market for the forecast period of 2021–2027. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.

The report analyzes the historical and present-day scenario of the global Infectious Disease Diagnostics market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the Infectious Disease Diagnostics market. These indices serve as valuable tools for existing market players as well as for entities interested in participating in the market.

The report delves into the competition landscape of the global Infectious Disease Diagnostics market. Key players operating in the market have been identified and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the Infectious Disease Diagnostics market that are profiled in this report.

Y-o-Y growth comparison, volume and revenue comparison, and market share comparison of various market segments are provided in the report. The Infectious Disease Diagnostics market is analyzed at both regional and country levels.

Some of the prominent players in the Infectious Disease Diagnostics Market include:  Abbott Laboratories, Becton Dickinson and Company, BioMerieus SA, Bio-Rad Laboratories, Danaher Corporation, F Hoffman-La Roche, Hologic Inc., Luminex Corporation, Qiagen Inc., and Thermo Fisher Scientific Inc.

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

By Geography

By Product

  • Reagents, Kits, and Consumables
  • Instruments
  • Software & Services

By Type of Testing

  • Laboratory Testing
  • POC Testing

By Technology

  • Immunodiagnostics
  • Clinical Microbiology
  • PCR
  • INAAT
  • DNA Sequencing & NGS
  • DNA Microarrays
  • Other technologies

By Disease Type

  • COVID-19
  • HIV
  • HAIs
  • Hepatitis
  • CT/NG
  • HPV
  • TB
  • Influenza
  • Other Infectious Diseases

By End User

  • Diagnostic Laboratories
  • Hospitals & Clinics
  • Academic Research Institutes
  • Other End Users

North America is the largest regional market for the infectious disease diagnostics”
The global infectious disease diagnostics market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2020, North America accounted for the largest share of the global infectious disease diagnostics market. The North American infectious disease diagnostics market’s growth can be attributed to the highly developed healthcare system in the US and Canada, the presence of many leading national clinical laboratories, and the easy accessibility to technologically advanced instruments.

Research Methodology

A unique research methodology has been utilized to conduct a comprehensive research on the growth of the global Infectious Disease Diagnostics market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global Infectious Disease Diagnostics market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.

Key Questions are

  • What are the key factors influencing the Infectious Disease Diagnostics market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2021 and 2027?
  • What would be the Y-o-Y growth trend of the global market between 2021 and 2027?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

 Why Buy this Report?

The purpose of Nova one advisor’s Infectious Disease Diagnostics market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

TABLE OF CONTENT

Chapter 1.    Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.    Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.    Executive Summary

3.1.  Market Snapshot

Chapter 4.    Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.     Raw Material Procurement Analysis

4.3.2.     Sales and Distribution Channel Analysis

4.3.3.     Downstream Buyer Analysis

Chapter 5.    Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.     Market Drivers

5.1.2.     Market Restraints

5.1.3.     Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.     Bargaining power of suppliers

5.2.2.     Bargaining power of buyers

5.2.3.     Threat of substitute

5.2.4.     Threat of new entrants

5.2.5.     Degree of competition

Chapter 6.    Competitive Landscape

6.1.1.     Company Market Share/Positioning Analysis

6.1.2.     Key Strategies Adopted by Players

6.1.3.     Vendor Landscape

6.1.3.1.          List of Suppliers

6.1.3.2.          List of Buyers

Chapter 7.    Global Infectious Disease Diagnostics Market, By Product

7.1.  Infectious Disease Diagnostics Market, By Product, 2021-2027

7.1.1.     Reagents, Kits, and Consumables

7.1.1.1.          Market Revenue and Forecast (2016-2027)

7.1.2.     Instruments

7.1.2.1.          Market Revenue and Forecast (2016-2027)

7.1.3.     Software & Services

7.1.3.1.          Market Revenue and Forecast (2016-2027)

Chapter 8.    Global Infectious Disease Diagnostics Market, By Type of Testing

8.1.  Infectious Disease Diagnostics Market, By Type of Testing, 2021-2027

8.1.1.     Laboratory Testing

8.1.1.1.          Market Revenue and Forecast (2016-2027)

8.1.2.     POC Testing

8.1.2.1.          Market Revenue and Forecast (2016-2027)

Chapter 9.    Global Infectious Disease Diagnostics Market, By Technology

9.1.  Infectious Disease Diagnostics Market, By Technology, 2021-2027

9.1.1.     Immunodiagnostics

9.1.1.1.          Market Revenue and Forecast (2016-2027)

9.1.2.     Clinical Microbiology

9.1.2.1.          Market Revenue and Forecast (2016-2027)

9.1.3.     DNA Sequencing & NGS

9.1.3.1.          Market Revenue and Forecast (2016-2027)

9.1.4.     DNA Microarrays

9.1.4.1.          Market Revenue and Forecast (2016-2027)

9.1.5.     Other technologies

9.1.5.1.          Market Revenue and Forecast (2016-2027)

Chapter 10.Global Infectious Disease Diagnostics Market, By Disease Type

10.1.          Infectious Disease Diagnostics Market, By Disease Type, 2021-2027

10.1.1.  COVID-19

10.1.1.1.       Market Revenue and Forecast (2016-2027)

10.1.2.  HIV

10.1.2.1.       Market Revenue and Forecast (2016-2027)

10.1.3.  HAIs

10.1.3.1.       Market Revenue and Forecast (2016-2027)

10.1.4.  Hepatitis

10.1.4.1.       Market Revenue and Forecast (2016-2027)

10.1.5.  CT/NG

10.1.5.1.       Market Revenue and Forecast (2016-2027)

10.1.6.  HPV

10.1.6.1.       Market Revenue and Forecast (2016-2027)

10.1.7.  TB

10.1.7.1.       Market Revenue and Forecast (2016-2027)

10.1.8.  Influenza

10.1.8.1.       Market Revenue and Forecast (2016-2027)

10.1.9.  Other Infectious Diseases

10.1.9.1.       Market Revenue and Forecast (2016-2027)

Chapter 11.Global Infectious Disease Diagnostics Market, By End User

11.1.          Infectious Disease Diagnostics Market, By End User, 2021-2027

11.1.1.  Diagnostic Laboratories

11.1.1.1.       Market Revenue and Forecast (2016-2027)

11.1.2.  Hospitals & Clinics

11.1.2.1.       Market Revenue and Forecast (2016-2027)

11.1.3.  Hospitals & Clinics

11.1.3.1.       Market Revenue and Forecast (2016-2027)

11.1.4.  Hospitals & Clinics

11.1.4.1.       Market Revenue and Forecast (2016-2027)

Chapter 12.Global Infectious Disease Diagnostics Market, Regional Estimates and Trend Forecast

12.1.          North America

12.1.1.  Market Revenue and Forecast, By Product (2016-2027)

12.1.2.  Market Revenue and Forecast, By Type of Testing (2016-2027)

12.1.3.  Market Revenue and Forecast, By Technology (2016-2027)

12.1.4.  Market Revenue and Forecast, By Disease Type (2016-2027)

12.1.5.  Market Revenue and Forecast, By End User (2016-2027)

12.1.6.  U.S.

12.1.6.1.       Market Revenue and Forecast, By Product (2016-2027)

12.1.6.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.1.6.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.1.6.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.1.6.5.       Market Revenue and Forecast, By End User (2016-2027)

12.1.7.  Rest of North America

12.1.7.1.       Market Revenue and Forecast, By Product (2016-2027)

12.1.7.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.1.7.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.1.7.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.1.7.5.       Market Revenue and Forecast, By End User (2016-2027)

12.2.          Europe

12.2.1.  Market Revenue and Forecast, By Product (2016-2027)

12.2.2.  Market Revenue and Forecast, By Type of Testing (2016-2027)

12.2.3.  Market Revenue and Forecast, By Technology (2016-2027)

12.2.4.  Market Revenue and Forecast, By Disease Type (2016-2027)

12.2.5.  Market Revenue and Forecast, By End User (2016-2027)

12.2.6.  UK

12.2.6.1.       Market Revenue and Forecast, By Product (2016-2027)

12.2.6.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.2.6.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.2.6.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.2.6.5.       Market Revenue and Forecast, By End User (2016-2027)

12.2.7.  Germany

12.2.7.1.       Market Revenue and Forecast, By Product (2016-2027)

12.2.7.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.2.7.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.2.7.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.2.7.5.       Market Revenue and Forecast, By End User (2016-2027)

12.2.8.  France

12.2.8.1.       Market Revenue and Forecast, By Product (2016-2027)

12.2.8.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.2.8.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.2.8.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.2.8.5.       Market Revenue and Forecast, By End User (2016-2027)

12.2.9.  Rest of Europe

12.2.9.1.       Market Revenue and Forecast, By Product (2016-2027)

12.2.9.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.2.9.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.2.9.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.2.9.5.       Market Revenue and Forecast, By End User (2016-2027)

12.3.          APAC

12.3.1.  Market Revenue and Forecast, By Product (2016-2027)

12.3.2.  Market Revenue and Forecast, By Type of Testing (2016-2027)

12.3.3.  Market Revenue and Forecast, By Technology (2016-2027)

12.3.4.  Market Revenue and Forecast, By Disease Type (2016-2027)

12.3.5.  Market Revenue and Forecast, By End User (2016-2027)

12.3.6.  India

12.3.6.1.       Market Revenue and Forecast, By Product (2016-2027)

12.3.6.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.3.6.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.3.6.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.3.6.5.       Market Revenue and Forecast, By End User (2016-2027)

12.3.7.  China

12.3.7.1.       Market Revenue and Forecast, By Product (2016-2027)

12.3.7.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.3.7.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.3.7.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.3.7.5.       Market Revenue and Forecast, By End User (2016-2027)

12.3.8.  Japan

12.3.8.1.       Market Revenue and Forecast, By Product (2016-2027)

12.3.8.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.3.8.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.3.8.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.3.8.5.       Market Revenue and Forecast, By End User (2016-2027)

12.3.9.  Rest of APAC

12.3.9.1.       Market Revenue and Forecast, By Product (2016-2027)

12.3.9.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.3.9.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.3.9.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.3.9.5.       Market Revenue and Forecast, By End User (2016-2027)

12.4.          MEA

12.4.1.  Market Revenue and Forecast, By Product (2016-2027)

12.4.2.  Market Revenue and Forecast, By Type of Testing (2016-2027)

12.4.3.  Market Revenue and Forecast, By Technology (2016-2027)

12.4.4.  Market Revenue and Forecast, By Disease Type (2016-2027)

12.4.5.  Market Revenue and Forecast, By End User (2016-2027)

12.4.6.  GCC

12.4.6.1.       Market Revenue and Forecast, By Product (2016-2027)

12.4.6.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.4.6.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.4.6.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.4.6.5.       Market Revenue and Forecast, By End User (2016-2027)

12.4.7.  North Africa

12.4.7.1.       Market Revenue and Forecast, By Product (2016-2027)

12.4.7.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.4.7.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.4.7.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.4.7.5.       Market Revenue and Forecast, By End User (2016-2027)

12.4.8.  South Africa

12.4.8.1.       Market Revenue and Forecast, By Product (2016-2027)

12.4.8.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.4.8.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.4.8.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.4.8.5.       Market Revenue and Forecast, By End User (2016-2027)

12.4.9.  Rest of MEA

12.4.9.1.       Market Revenue and Forecast, By Product (2016-2027)

12.4.9.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.4.9.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.4.9.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.4.9.5.       Market Revenue and Forecast, By End User (2016-2027)

12.5.          Latin America

12.5.1.  Market Revenue and Forecast, By Product (2016-2027)

12.5.2.  Market Revenue and Forecast, By Type of Testing (2016-2027)

12.5.3.  Market Revenue and Forecast, By Technology (2016-2027)

12.5.4.  Market Revenue and Forecast, By Disease Type (2016-2027)

12.5.5.  Market Revenue and Forecast, By End User (2016-2027)

12.5.6.  Brazil

12.5.6.1.       Market Revenue and Forecast, By Product (2016-2027)

12.5.6.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.5.6.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.5.6.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.5.6.5.       Market Revenue and Forecast, By End User (2016-2027)

12.5.7.  Rest of LATAM

12.5.7.1.       Market Revenue and Forecast, By Product (2016-2027)

12.5.7.2.       Market Revenue and Forecast, By Type of Testing (2016-2027)

12.5.7.3.       Market Revenue and Forecast, By Technology (2016-2027)

12.5.7.4.       Market Revenue and Forecast, By Disease Type (2016-2027)

12.5.7.5.       Market Revenue and Forecast, By End User (2016-2027)

Chapter 13.   Company Profiles

13.1.                 Abbott Laboratories

13.1.1.  Company Overview

13.1.2.  Product Offerings

13.1.3.  Financial Performance

13.1.4.  Recent Initiatives

13.2.                 Becton Dickinson and Company

13.2.1.  Company Overview

13.2.2.  Product Offerings

13.2.3.  Financial Performance

13.2.4.  Recent Initiatives

13.3.                 BioMerieus SA

13.3.1.  Company Overview

13.3.2.  Product Offerings

13.3.3.  Financial Performance

13.3.4.  Recent Initiatives

13.4.                 Bio-Rad Laboratories

13.4.1.  Company Overview

13.4.2.  Product Offerings

13.4.3.  Financial Performance

13.4.4.  Recent Initiatives

13.5.                 Danaher Corporation

13.5.1.  Company Overview

13.5.2.  Product Offerings

13.5.3.  Financial Performance

13.5.4.  Recent Initiatives

13.6.                 F Hoffman-La Roche

13.6.1.  Company Overview

13.6.2.  Product Offerings

13.6.3.  Financial Performance

13.6.4.  Recent Initiatives

13.7.                 Hologic Inc.

13.7.1.  Company Overview

13.7.2.  Product Offerings

13.7.3.  Financial Performance

13.7.4.  Recent Initiatives

13.8.                 Luminex Corporation

13.8.1.  Company Overview

13.8.2.  Product Offerings

13.8.3.  Financial Performance

13.8.4.  Recent Initiatives

13.9.                 Qiagen Inc.

13.9.1.  Company Overview

13.9.2.  Product Offerings

13.9.3.  Financial Performance

13.9.4.  Recent Initiatives

13.10.              Thermo Fisher Scientific Inc

13.10.1.                   Company Overview

13.10.2.                   Product Offerings

13.10.3.                   Financial Performance

13.10.4.                   Recent Initiatives

Chapter 14.   Research Methodology

14.1.                 Primary Research

14.2.                 Secondary Research

14.3.                 Assumptions

Chapter 15.   Appendix

15.1.                 About Us

15.2.                 Glossary of Terms

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