About Tuberculosis Diagnostics
Tuberculosis (TB) refers to an airborne infectious disease caused by Mycobacterium tuberculosis (MTB) bacteria. Common symptoms of this disease are cough for three or more weeks, chest pain, fever, fatigue, weight loss, and others. The increasing number of patients with tuberculosis driving the demand for a novel treatment for tuberculosis diagnostic. For instance, according to the World Health Organization in 2017, 10 million people affected by tuberculosis and 1.6 million death are recorded from this disease. And over 54 million patients are saved from tuberculosis diagnosis and treatment between 2000 and 2017. Further, increasing investment in healthcare infrastructure in developing countries expected to drive the demand for Lyme disease diagnostic market over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Number of players are present in the market hence fragmented nature if the market. The increasing number of TB patients driving the demand for innovative tuberculosis diagnostic test. For instance, according to the Centers of Disease Control and Prevention in 2017, 9,105 TB cases were reported in the United States alone. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Tuberculosis Diagnostics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Thermo Fisher Scientific, Inc. (United States), Hologic Corporation (United States), Abbott Laboratories (United States), Alere, Inc., Becton (United States), Pfizer Inc. (United States), Johnson & Johnson (United States), Dickinson and Company (United States), F. Hoffmann-La Roche AG (Switzerland), Cepheid (United States), Mylan N.V (United States) and Hain Life science GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Eli Lilly and Company (United States), Qiagen (Germany), BioMerieux SA (France) and Sanofi (France).
Segmentation Overview
AMA Research has segmented the market of Global Tuberculosis Diagnostics market by and Region.
On the basis of geography, the market of Tuberculosis Diagnostics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Test , the sub-segment i.e. Radiographic Method will boost the Tuberculosis Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User , the sub-segment i.e. Hospital/Clinics will boost the Tuberculosis Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growth in R&D towards New Drug Development and Emphasizing on Awareness Campaigns about the Importance of Diagnosis
Market Growth Drivers:
Increasing Prevalence of Tuberculosis and Government Initiatives to Control the Proliferation of Tuberculosis
Challenges:
Inability to Identify the Initial Symptoms of Tuberculosis
Restraints:
High Initial Investment for Laboratory Setup of Tuberculosis Diagnosis and Lack of Awareness Regarding Tuberculosis in Emerging Economies
Opportunities:
Growing Healthcare Infrastructure in the Developing Economies and Rising Awareness about Early Diagnosis and Treatment
Market Leaders and their expansionary development strategies
In August 2023, The Bill & Melinda Gates Foundation joins forces with Unitaid to fund the expansion of access to GeneXpert MTB/RIF Ultra tests in high-burden countries.
In October 2023, FIND launches its "TrueNat MDR assay," enabling detection of multidrug-resistant TB (MDR-TB) directly from sputum samples, streamlining diagnosis and optimizing treatment strategies.
According to the Food and Drug Administration regulations which address the mitigation of risks specific to the detection of the genetic mutations associated with antibiotic resistance of MTB-complexthe are as follows. The device must include an external positive assay control as appropriate. Acceptable positive assay controls include MTB-complex isolates containing one or more antibiotic-resistance associated target sequences detected by the device. The device's intended use must include a description of the scope of antibiotic resistance targeted by the assay. The specific performance characteristics section of the device's labeling must include information regarding the specificity of the assay oligonucleotides for detecting mutations associated with antibiotic resistance of MTB-complex.
Key Target Audience
Academic Institutes, Research Institutes, Reference Laboratories, Diagnostics Suppliers, Healthcare Association, Potential Investors, Government Organization, Market Research Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.