Infectious Disease Diagnostics Market

Report Description
Infectious disease diagnostics is process of identifying the presence of foreign
antigen/organism with the help of various diagnostic tools. Infectious disease conditions
are highly prevalent in under developed regions due to lack of awareness for personal
hygiene, minimal healthcare expenditures and absence of efficient physician services.
The high incidence of infectious diseases across emerging economies formulate a major
share in overall market. This has grab the attention of in vitro diagnostic device
manufactures to invest into emerging economies. These companies are taking efforts to
develop and commercialize cost effective tools for the infectious disease diagnosis.
Presently, the gold standard tests available for bacterial infections and sexually
transmitted disease diagnosis have major market share. However, these test are expected
to replace by molecular techniques in future.
Infectious Disease Diagnostics Market: Drivers and Restraints
Increasing incidence of infectious disease, growing adoption of advanced molecular
techniques, and increasing interventions from government and non-profile organization
to reduce infectious disease in underdeveloped regions are endorsing the growth of
infectious disease diagnosis market. In addition, the companies operating in the disease
diagnostic technologies are focusing on the development of novel diagnostics, which
eventually provides pace to the market growth. However, lack of awareness for novel
diagnostic solution, absence of compiled regulatory guidelines and lower positivity rates
due to inferior laboratory conditions would hinder the growth of infectious disease
diagnostics market.