Global Tuberculosis (TB) Diagnostics Market 2017-2021

This market research study identifies Abbott, BD, bioMérieux, F. Hoffmann-La Roche, and Thermo Fisher Scientific as the leading players in the global tuberculosis (TB) diagnostics market. A comprehensive analysis of this market is also presented by product type (smear microscopy, molecular testing, mantoux tuberculin test, culture, drug susceptibility testing, and LF-LAM for PLHIV), by end-user (diagnostic laboratories and hospitals), and by geography (the Americas, APAC, and EMEA).

Global tuberculosis (TB) diagnostics market forecast

Technavio’s market research report identifies that the increasing number of government and non-government initiatives to eradicate tuberculosis (TB) will be one of the primary drivers for the global tuberculosis (TB) diagnostics market growth till 2021. A global TB control program was introduced by the US Agency for International Development (USAID) in the year 1998. To support the eradication of TB, the US prioritized and provided increased funding for bilateral and multilateral programs in the subsequent decades. Similarly, the division of tuberculosis elimination (DTBE), adopted strategic plans to control TB in the US. These programs reduce the incidence and mortality by 50%. According to the TB diagnostics market analysis, Technavio’s market research analysts predict that this global market will post a revenue of more than USD 2.6 billion by 2021.

The increasing prevalence of TB and rising population in APAC is driving the growth prospects for the global tuberculosis (TB) diagnostics market in the region. The governments in the region are motivated to take measures to improve the healthcare infrastructure. They are also extensively focusing on the preventive care due to the rising population, especially in China and India. Furthermore, the enhancement of healthcare infrastructure in countries such as Singapore, Japan, Australia, and South Korea will boost the adoption of tuberculosis diagnostics in the APAC region.

Competitive landscape and key vendors

Tuberculosis (TB) diagnostics market is characterized by the presence of established vendors. These vendors are focusing on the development of user-friendly and innovative products. Vendors are increasingly competing against each other based on factors such as the innovation in technology, effective in use, user-friendly, competitive pricing, consistent performance, and partnerships.

Key vendors in this market are -

• Abbott
• BD
• bioMérieux
• F. Hoffmann-La Roche
• Thermo Fisher Scientific

Other prominent vendors in the market include Akonni Biosystems, Ameritek USA, Autobio Diagnostics, Cepheid, EIKEN CHEMICAL, GeTein BioMedical, Hain Lifescience, Hologic, NanoEnTek, Ortho Clinical Diagnostics, QIAGEN, and Siemens Healthineers.

Segmentation by product type and analysis of the tuberculosis (TB) diagnostics market

• Smear microscopy
• Molecular testing
• Mantoux tuberculin test
• Culture
• Drug susceptibility testing
• LF-LAM for PLHIV

A culture test is done to check the presence of mycobacterium tuberculosis by developing microbes on various substances. Mycobacterium tuberculosis is known as acid-fast bacilli (AFB). Currently, sputum smear microscopy culture is witnessing growth because it takes less time and produces drug resistance results quicker in comparison to the bacteria culture. This in turn, will propel the growth of tuberculosis (TB) diagnostics market in the culture test segment.

Segmentation by end-user and analysis of the tuberculosis (TB) diagnostics market

• Diagnostic laboratories
• Hospitals

The influx of patients is high in hospitals in comparison to other healthcare centers because it offers a wide range of services and have developed infrastructure. The preference for hospitals will continue to increase throughout the predicted period due to the presence of many dedicated specialists who can attend to patients with TB. Furthermore, the TB test or diagnostics procedures performed in hospitals results in quick and reliable TB test results.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global tuberculosis (TB) diagnostics market?
• What are the key market trends impacting the growth of the global tuberculosis (TB) diagnostics market?
• What are the challenges to market growth?
• Who are the key vendors in the global tuberculosis (TB) diagnostics market?
• What are the market opportunities and threats faced by the vendors in the global tuberculosis (TB) diagnostics market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global tuberculosis (TB) diagnostics market?

Technavio also offers customization on reports based on specific client requirement.