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Which Companies Will Dominate the Tuberculosis Diagnostics Market Worth $3.56 Billion by 2031?

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By: Mayu14
Posted in: Healthcare

Meticulous Research®, a leading provider of market research, has recently unveiled its comprehensive report titled “ Tuberculosis Diagnostics Market Size, Share, Forecast, & Trends Analysis by Test Type (Mantoux, IGRA, Radiography [X-ray, CT] Molecular [NAAT, WGS, Rapid] Culture, Sputum Smear), End User (Hospital, Diagnostic Lab), Infection Stage – Global Forecast to 2031.” The report indicates that the global tuberculosis diagnostics market is projected to reach a valuation of $3.56 billion by 2031, with a robust CAGR of 5% from 2024 to 2031.

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The growth of this market is primarily fueled by the increasing incidence of tuberculosis (TB), particularly in low- and middle-income countries. The rise of drug-resistant TB strains further complicates the situation, necessitating improved diagnostics. Additionally, various initiatives aimed at enhancing TB diagnosis and treatment are contributing to market expansion. Public awareness campaigns conducted by governments and health organizations are also creating significant opportunities for businesses in this field.

Key Players in the Tuberculosis Diagnostics Market

Leading entities in the tuberculosis diagnostics market include F. Hoffmann-La Roche Ltd. (Switzerland), Becton, Dickinson and Company (U.S.), Abbott Laboratories, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), QIAGEN GmbH (Germany), Hologic, Inc. (U.S.), bioMérieux SA (France), Danaher Corporation (U.S.), Oxford Immunotec Ltd. (U.K.), Hain Lifescience GmbH (Germany), and Creative Diagnostics (U.S.).

Market Segmentation Analysis

The tuberculosis diagnostics market can be segmented into various categories, including test type, infection stage, end user, and geographical region.

By Test Type : The market includes various diagnostic tests such as the Mantoux skin test, radiographic tests, molecular tests, sputum smear microscopy, culture and drug resistance tests, among others. In 2024, it is anticipated that the Mantoux skin test will dominate the market, accounting for 38.2% of the share. This test is recognized for its simplicity, cost-effectiveness, and accessibility, especially in remote areas. Its affordability—approximately USD 37 compared to USD 89 for the Interferon Gamma Release Assay (IGRA)—also enhances its popularity.

By Infection Stage : The market is classified into active and latent TB infection stages. Notably, the active TB segment is expected to exhibit the highest CAGR throughout the forecast period. This surge is attributed to the prevalent incidence of tuberculosis in underdeveloped and developing regions, along with government initiatives aimed at alleviating the TB burden through targeted interventions.

By End User : The segmentation by end users includes diagnostic laboratories, hospitals and clinics, academic and research institutes, and others. Diagnostic laboratories are poised for the fastest growth, driven by the demand for advanced diagnostic technologies such as next-generation sequencing and molecular diagnostics, which are more effectively utilized in laboratory settings compared to smaller healthcare facilities.

Regional Insights : The tuberculosis diagnostics market is analyzed across several geographical regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region is anticipated to witness the highest CAGR during the forecast period. Countries like India and China offer significant growth potential due to their large populations, high TB case burdens, and increased healthcare investments. Both nations are also benefitting from improvements in healthcare infrastructure and heightened government support aimed at TB control, positioning them as key markets for tuberculosis diagnostic solutions.

Future Growth Potential

The outlook for the tuberculosis diagnostics market is promising, bolstered by the development of innovative diagnostic technologies and advancements in molecular testing. The escalating cases of multidrug-resistant TB are prompting the creation of more sophisticated diagnostic methods to enhance detection and treatment options.

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About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to detail. With meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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