Global Infectious Diseases in Vitro Diagnostics Market Research Report, 2014-2020

In vitro diagnostics are the vital tools in health care systems as they provide crucial information for making right medical decisions. The information revealed through these technologies helps physicians in successful management of medical conditions in every stage. Prevalence of infectious diseases such as hepatitis B virus (HBV), hepatitis C virus (HCV), human immunodeficiency virus (HIV), Herpes Simplex Virus (HSV), tuberculosis, measles, dengue, Chagas, cholera, and malaria is increasing across the globe with high prevalence in developing countries. There have been advances in the in vitro diagnostics which have enabled paradigm shift from laboratory testing to point of care testing which is helping in expansion of infectious diseases IVD market.

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Some of the major segments in this market include immunochemistry testing, microbiology testing and molecular diagnostics testing. Historically, immunoassays constituted the largest segment in the IVD market which are conducted for determining presence of infectious disease in a patient. Present day technology for testing infection disease include enzyme-linked immunosorbent assay (ELISA) and chemiluminescence immunoassays which require more amount of protein biomarker than molecular diagnostics. However, the market for molecular diagnostics is rapidly growing with the increasing adoption of this technology in place of antigen testing by immunoassays. Molecular diagnostics possess advantages such as high specificity which help detect even minute amount of protein biomarkers. This helps in early detection of infectious diseases and becomes easier to mitigate the result. The global market for infectious disease IVD market is expected to driven by development of newer assays for diagnosis and treatment of infectious diseases. The changing demographics in the world which majorly include aging...