Tuberculosis Diagnostics Market Size is projected to reach USD 2.91 Billion by 2030, growing at A CAGR of 6.0%
Market Summary: The global market for tuberculosis diagnostics is projected to reach USD 2.91 billion by 2030, with a projected revenue compound annual growth rate (CAGR) of 6.0% over the forecast period. The primary driver for this revenue growth is the increasing prevalence of tuberculosis worldwide, particularly in developing economies. Additionally, substantial investments in the development of more effective diagnostic technologies to improve patient outcomes and accuracy have contributed to the market's growth. In 2020, the World Health Organization (WHO) reported that 1.1 million children worldwide were infected with tuberculosis, further emphasizing the global tuberculosis burden. The majority of new cases were reported in 30 high tuberculosis-burden countries, with countries like Indonesia, China, India, and South Africa accounting for a significant portion of the cases. These high incidence rates have significantly contributed to the market's revenue growth during the forecast period.
Recent advancements in tuberculosis diagnostics have played a
significant role in driving market revenue growth. The increasing demand for
accurate diagnostic assays at all levels of the healthcare system has also
significantly contributed to market revenue growth. Accurate diagnosis is
especially crucial in the early stages of the disease to reduce morbidity,
mortality, and transmission risk.
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Market Dynamics: Driving Factors:
- Rapid
Product Innovations and Community Support Schemes: Community support programs are
crucial for ensuring the availability and use of effective tuberculosis
treatment methods. These programs can provide nutritional support,
diagnostics, and vocational training. The introduction of such schemes in
countries like India is a significant driver for market growth.
- Product
Innovations: Substantial
investments in research and development have led to improved diagnostic
performance and clarity in the diagnosis of tuberculosis, particularly in
cases of drug resistance. Automation technologies have been instrumental
in achieving these advancements.
- Advancements
in Disease Detection: Recent advancements in disease detection, such as molecular tests
for tuberculosis, have led to improved diagnostic accuracy and faster
results.
Challenges:
- Limitations
of Existing Diagnostics: Certain technological complications associated with
existing tuberculosis diagnostics, such as low sensitivity, especially in
certain patient populations, can hinder market growth.
- Technical
Complexity: Developing
diagnostic technologies for tuberculosis can be technically challenging,
and the existing methods may not be suitable for all cases.
Disease Stage Insights: The global tuberculosis diagnostics
market is segmented into latent tuberculosis and active tuberculosis. The
active tuberculosis segment accounted for the largest revenue share in 2021 due
to the higher number of deaths associated with tuberculosis. Technological
advancements, investments in research and development, and the introduction of rapid
molecular tests have all contributed to market growth in this segment.
Test Type Insights: The market is further segmented based on
test type, including radiographic methods, cytokine detection assays, nucleic
acid testing, detection of latent infection, diagnostics laboratory methods,
detection of drug resistance, and other methods. The nucleic acid testing
segment accounted for the largest revenue share in 2021, driven by the
availability of recommendations for using nucleic acid amplification tests for
tuberculosis diagnosis. The rapid adoption of nucleic acid testing in
high-burden countries has significantly contributed to market growth.
End-User Insights: End-users are categorized into clinics,
research institutes and academics, and reference laboratories. Reference
laboratories accounted for a significant revenue share in 2021, primarily due
to the rise in drug-resistant tuberculosis infections and the adoption of
advanced microscopy techniques. Automation technologies are also playing a
crucial role in laboratories, driving the adoption of tuberculosis diagnostic
tools.
Regional Insights:
- Asia
Pacific: This
region accounted for the largest revenue share in 2021, with increasing
tuberculosis cases and a high mortality rate driving market growth. Initiatives
by organizations like the United States Agency for International
Development (USAID) have contributed to tuberculosis control and
prevention in the Asia-Pacific region.
- Europe: Europe accounted for the
second-largest revenue share in 2021, with significant investments in
healthcare facilities and awareness-raising strategies related to
tuberculosis diagnosis and treatment.
- North
America: North
America was the third-largest revenue contributor in 2021, with the
presence of key market players like Thermo Fisher Scientific and Abbott.
The prevalence of tuberculosis and advancements in pathogen-specific
metabolic pathways have driven market growth in this region.
Competitive Landscape: The global tuberculosis diagnostics
market is characterized by a fragmented competitive landscape with key players
operating on both global and regional levels. Major players in the market
include Abbott, Thermo Fisher Scientific, F. Hoffmann-La Roche Ltd, Qiagen,
Cepheid, Hologic, Inc., Hain Lifescience GmbH, PerkinElmer Inc., BioMerieux SA,
and BD. These players are actively involved in product development and
strategic alliances to expand their product portfolios and strengthen their
market presence.
Notable Initiatives:
- PerkinElmer
Inc.: The
company announced the commercialization of its T-Cell Select reagent kit,
approved by the FDA for in vitro diagnostics. This kit automates
workflows, reduces hands-on time, and enhances blood sample stability.
- Thermo
Fisher Scientific: The company collaborated with NanoPin Technologies, Inc. to advance
blood-based infectious disease detection technology, resulting in highly
sensitive clinical assays for infectious diseases.
Segments Covered in the Report: This report segments the
tuberculosis diagnostics market based on disease stage, test type, end-user,
and region.
Market Report Scope:
- Market
Size in 2021:
USD 1.71 Billion
- CAGR
(2021 - 2030):
6.0%
- Revenue
Forecast in 2030: USD 2.91 Billion
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