Thursday, November 9, 2023

Infectious Disease Diagnosis & Treatment Market Size, Insights, Application & Growth Drivers

Market Highlights

Infectious diseases includes diseases like tuberculosis, hepatitis and many other diseases caused by viruses, fungi or bacteria. Asia Pacific region has tropical climate and more humidity which is more suitable for the growth of the different microorganisms which can cause different diseases. Increasing prevalence of Infectious diseases such as tuberculosis and AIDS in Asia Pacific region is the major driving factor for the growth of the market. Increasing burden of different infectious diseases has increase the demand for the different diagnostic test and treatment for the different infectious diseases. Infectious Disease Treatment Market Share in APAC Size is expected to grow at a CAGR of 2.9% during forecasted period.

Regional Analysis

On regional basis, China commands the largest market for Asia Pacific infectious disease diagnosis & treatment market. Presence of huge population and increasing peoples suffering from TB are the major reason for the development of this market in China. China contribute 10 % of total TB population in the world. India has the second largest market for infectious disease diagnosis & treatment. Presence of highest TB patient in the world is the major driving factor for the market. Continuous development in the healthcare sector and increasing healthcare expenditure is also increased the infectious disease diagnosis & treatment market in India.

Key Players:

The major key player for the Asia Pacific infectious disease diagnosis & treatment market are 

         ·         Abbott Laboratories (US),

         ·         Becton Dickinson & Co. (US),

         ·         Alere, Inc. (US),

         ·         Bio-Rad Laboratories (US),

         ·         Cipla (India), 

         ·         Danaher Corporation (US),

         ·         Glaxosmithkline (UK),

         ·         IPCA Laboratories (India),

         ·         Pfizer (US),

         ·         Roche Diagnostics (Switzerland),

         ·         Johnson And Johnson (US),

         ·         Novartis International (Switzerland),

         ·         Siemens Healthcare (Germany),

         ·         Thermo Fisher Scientific, Inc. (US),

         ·         Vertex Pharmaceuticals (US) and others

Segmentation:
Asia Pacific infectious disease diagnosis & treatment market is segmented

·        on the basis of application into AIDS, Tuberculosis (TB), Hepatitis, HPV, and others.

·        On the basis treatment it is segmented into Antibiotics, antivirals, antifungals, anti-parasitic, alternative medicine and others.

·        On the basis of diagnostic techniques they are immunoassays, PCR, cell cultures and other 

·        By end user the market is segmented as hospitals, clinics, reference labs and others

Due to increasing prevalence infectious diseases like tuberculosis and AIDS in Asia Pacific region has attracted many companies for the development of the market in Asia Pacific region. Companies are concentrating on the development of new and better diagnostic test and treatment for the different diseases. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market.

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