Global High Content Screening Market by Products (Instruments, Consumables, Software, Services and Accessories) by Applications (Target Identification and Validation, Primary Screening and Secondary Screening, Toxicity Studies, Compound Profiling and Others) - Market Growth, Future Prospects & Competitive Analysis, 2017 – 2025
According to the American Autoimmune Related Diseases Association (AARDA), autoimmune diseases affect around 50 million Americans. It is considered as one of the leading causes of mortality in young and middle-aged women in the United States. An autoimmune disease occurs when body’s own cells are identified as foreign element and immune system reacts against to its “self” cell. Antibody testing is used to evaluate this disorder that affect tissues and organs throughout systemic body.
This report on global tuberculosis diagnostics market studies various tuberculosis diagnostics test type. Healthcare regulatory agencies such as WHO, CDC are taking initiatives towards global awareness of tuberculosis and improvising the diagnostic methods. Large patient pool suffering with tuberculosis, rising public awareness regarding tuberculosis and early diagnosis and technological advancement in the testing methods such as Mantoux test, and Cytokine detection test are the driving factors for the tuberculosis diagnostics market.
The overall bone densitometers market though matured in the developed parts of the world, will witness steady and consistent growth from emerging economies over the upcoming years. As the prevalence of conditions such as osteoporosis, osteogenesis imperfecta is growing globally, the demand for diagnostic and monitoring equipment such as bone densitometers will correspondingly rise. Osteoporosis is a critical and the most common bone disorder contributing to millions of bone fractures worldwide, leading to multi-billion cost burden.
Prompt and accurate diagnosis plays important role in effective management of malaria; global malaria diagnostics market is anticipated to grow significantly during forecast period due to increase in prevalence of drug resistant strains of parasites, growing incidence of malaria, massive increases in international travel and government initiatives in awareness and diagnostic programs are prime factors that fueling the growth of malaria diagnostics market globally.
Global influenza diagnostics market is anticipated to grow significantly during forecast period due to growing prevalence of influenza, increasing demand for faster diagnosis and control of influenza, government initiatives in awareness and diagnostic programs, influencing the growth of influenza diagnostics market globally.
According to WHO study, until now around 70 million people are infected with HIV virus and 35 million died of HIV infection. With rising mortality, the government and non-government institutes are taking initiatives and providing funding for diagnostic treatment and prevention of HIV/AIDS.
Blood gas analyzers assist in measuring the partial oxygen pressure in patients and electrolyte analyzers measure the concentration of elements such as potassium, sodium, calcium and others. Introduction of innovative technologies in combination analyzers has led to drastic evolution of blood gas and electrolyte measurement and analysis and also allowed the advent of hybrid, portable analyzers. Latest technologies incorporated in these systems also facilitate the introduction of blood analysis with the smallest possible quantity of blood sample.
Cervical carcinoma accounts for around 15% of all cancers diagnosed in women. Approximately 5 lakhs new cases of cervical cancer in women are observed annually, of which 80% occur in developing countries. Cervical dysplasia is a major health problem among women especially in developing countries with rising incidence of cancer. It is detected in women in their 20’s and peak incidence ranges between 25-35 years, while incidence of cervical cancer rises after 40 years.
Tropical diseases are the infectious diseases that thrive in the hot and humid climatic conditions, which is suitable for the growth of micro-organisms like parasites, fungi, bacteria and virus. The population of vectors like mosquitos and insects also thrive which transmit disease pathogens.
The global market for diagnostic testing is expected to surpass US $350 billion by 2030, expanding at a CAGR of 9% from 2023 to 2030.
Diagnostic tests are medical examinations performed to aid in the recognition or diagnosis of any disease. These tests are crucial for the management, surveillance, and prevention of any disease. These tests increase patient care, customer security, and healthcare expenditures. According to the study Non-communicable Illnesses Important Statistics from the World Health Organization (WHO), chronic diseases will be responsible for approximately 41 million deaths annually by April 2021, or 71 percent of all deaths worldwide. Hence, diagnostic tests have proved beneficial in the prevention, identification, and diagnosis of disease, as well as in the management of chronic sickness situations. By detecting individual risk factors and early warning signs, clinical diagnostics create new opportunities for early prevention and intervention. Thus, it is projected that the industry as a whole would continue to expand as the prevalence of chronic diseases rises.
The industry is expected to be driven by the increasing popularity of decentralized healthcare systems. In addition, it is predicted that the market would expand during the forecast period as a result of leading market players' adoption of new innovations and technical advancements in the sector. As a result of these reasons, the market for point-of-care diagnostics is predicted to expand in the future years. The aging of the world's population increases the likelihood of contracting a variety of diseases, including diabetes, cancer, cardiovascular disease, obesity, and neurological disorders. The United Nations projects that by 2020, 727 million people worldwide would be 65 or older. In addition, it is estimated that by 2050, there will be more than 1.5 billion individuals aged 80 and older, which is twice as many as there are today. The predicted growth in the global elderly population during the forecast period is likely to have a substantial impact on the market.
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