(MENAFN- PR Newswire)
DUBLIN, May 20, 2022 /PRNewswire/ -- The 'Europe Infectious Disease Diagnostics Market - Country-Wise Analysis: Focus on Product, Testing Location, Infectious Disease Type, Infection Type, Technology, and End User - Analysis and Forecast, 2021-2031' report has been added to ResearchAndMarkets.com's offering.
The Europe infectious disease diagnostics market was valued at $1,394.3 million in 2020 and is expected to reach $7,900.4 million by 2031, witnessing a CAGR of 16.48% during the forecast period 2021-2031.
The use of infectious disease diagnostics kits, assays, and other consumables has increased due to the rising prevalence of cancer, the increasing key player initiatives, and the rising government initiatives. The increasing investments by healthcare companies to meet industry demand and the growing adoption of infectious disease diagnostics kits, tubes, and reagents among major end users are major factors propelling the growth of the Europe infectious disease diagnostics market.
The Europe infectious disease diagnostics market comprises well-established and newly emerging companies. Several companies are attempting to sustain their position in the market by launching new products and raising funds to develop new products for infectious disease diagnostics from different product types. Key market players of the Europe infectious disease diagnostics market witnessed product launch and approval, business funding, and synergistic activities from January 2018 to March 2022. The inclination of companies toward product launches suggests that companies are constantly bringing new products to the market to test viral and bacterial infections, which is primarily attributed to an increase in demand for kits and assays by end users.
Key Companies Profiled
Abbott, Agilent Technologies, Inc., Becton, Dickinson and Company (BD), bioMerieux SA, Bio-Rad Laboratories, Inc., Danaher, F. Hoffmann-La Roche Ltd, Illumina, Inc., QIAGEN N.V., Siemens Healthcare GmbH, Thermo Fisher Scientific Inc., PerkinElmer Inc., Hologic Inc. (Mobidiag Ltd.), Abacus Diagnostica Oy, Novacyt Group, Biocartis
Regional Segmentation
- Europe-5 - Germany, U.K., France, Italy and Spain
- Nordic- Denmark, Sweden, Norway and Finland
- Baltic- Estonia, Lithuania and Latvia
- Rest-of-Europe
Market Growth Drivers
- Increasing Prevalence of Infectious Diseases
- Technological Innovation Resulting in Market Pull
- Significant External Funding Supporting Market Growth
Market Challenges
- Uncertain Reimbursement Scenario
- Lack of High Complexity Testing Centers
- Complex Regulatory Frameworks Delaying the Approval of New Molecular Diagnostic Tests
Market Opportunities
- Massive Scope for Adoption of Infectious Disease Diagnostics in Emerging Nations
- Technological Advancements in Molecular Techniques and Infectious Diagnostic Tests
Key Questions Answered in the Report
- How is each segment of the market expected to grow during the forecast period 2021-2031, and what is the anticipated revenue to be generated by each segment?
- What are the major market drivers, challenges, and opportunities in the Europe infectious disease diagnostics market?
- What are the underlying structures resulting in the emerging trends within the Europe infectious disease diagnostics market?
- How is each segment of the Europe infectious disease diagnostics market expected to grow during the forecast period, and what will be the expected revenue generated by each of the segments by the end of 2031?
- What are the key developmental strategies implemented by the major players to sustain in the competitive market?
- What are the key regulatory implications in developed and developing regions for molecular diagnostics?
- Who are the leading players with significant offerings to the Europe infectious disease diagnostics market? What is the current market dominance for each of these leading players?
- What would be the compound growth rate witnessed by the leading players in the market during the forecast period 2021-2031? Which infectious disease product type is anticipated to have the most promising growth?
- What are the key applications in the Europe infectious disease diagnostics market? What are the major segments of these applications? What technologies are dominating these application segments?
- What are the major technologies that are employed in the Europe infectious disease diagnostics market? Which is the dominating technology?
- Who are the primary end users of the Europe infectious disease diagnostics market? Which is the fastest-growing end-user segment in the Europe infectious disease diagnostics market?
- Who are the key manufacturers in the Europe infectious disease diagnostics market, and what are their contributions? Also, what is the growth potential of each major infectious disease diagnostics manufacturer?
- What is the scope of the Europe infectious disease diagnostics market in the EU'5, Baltic, and Nordic regions? Which infectious disease diagnostics product and end user dominate these regions?
- What are the emerging trends in the Europe infectious disease diagnostics market? How are these trends revolutionizing the diagnostic procedure?
- Which technologies are anticipated to break through the current infectious diseases diagnostic regime?
- Which companies are anticipated to be highly disruptive in the future and why?
- What are the regulatory procedures required to unify the approval process for emerging infectious disease diagnostics? How will these enhance the reimbursement scenario?
- What are the gaps in regularizing optimum infectious disease diagnostics adoption in regular healthcare routines? How are
Key Topics Covered:
1 Markets 1.1 Product Definition1.1.1 Definitions1.1.2 Inclusion and Exclusion1.2 Market Overview1.3 Significant Technologies in Infectious Disease Diagnostics1.4 Classification of Infectious Disease Diagnostics1.5 Europe Footprint1.6 Market Dynamics1.6.1 Impact Analysis1.6.2 Market Drivers1.6.2.1 Increasing Prevalence of Infectious Diseases1.6.2.2 Technological Innovation Resulting in Market Pull1.6.2.3 Significant External Funding Supporting Market Growth1.6.3 Market Restraints1.6.3.1 Uncertain Reimbursement Scenario1.6.3.2 Lack of High Complexity Testing Centers1.6.3.3 Complex Regulatory Frameworks Delaying the Approval of New Molecular Diagnostic Tests1.6.4 Market Opportunities1.6.4.1 Massive Scope for Adoption of Infectious Disease Diagnostics in Emerging Nations1.6.4.2 Technological Advancements in Molecular Techniques and Infectious Diagnostic Tests1.7 COVID-19 Impact on Europe Infectious Disease Diagnostics Market1.7.1 COVID-19 Impact on Infectious Disease Diagnostics Market Size1.7.2 Realistic Growth Scenario1.7.3 Optimistic Growth Scenario1.7.4 Disruption in Europe Infectious Disease Diagnostics Market Due to COVID-191.8 Competitive Landscape1.8.1 Acquisitions1.8.2 Synergistic Activities1.8.3 Product Launches and Approvals1.8.4 Business Expansion Activities1.8.5 Market-Share Analysis (by Company)1.8.6 Growth-Share Analysis (by Technology)1.9 Industry Insights1.9.1 Legal Requirements and Framework in Europe
2 Products 2.1 Overview2.1.1 System2.1.2 Kits and Reagents2.1.3 Software
3 Testing Location 3.1 Overview3.1.1 Laboratory Testing3.1.2 Point-of-Care Testing
4 Technology 4.1 Overview4.1.1 Polymerase Chain Reaction (PCR)4.1.1.1 Real-Time PCR (RT-PCR)4.1.1.2 Digital PCR (d-PCR)4.1.2 Next-Generation Sequencing4.1.3 Isothermal Nucleic Acid Amplification Technology (INAAT)4.1.4 Microarray4.1.5 In-Situ Hybridization (ISH)4.1.6 Immunodiagnostics4.1.7 Other Technologies
5 Infectious Disease Type 5.1 Overview5.1.1 Bacterial Infectious Diseases5.1.2 Viral Infectious Diseases5.1.3 Fungal Infectious Diseases5.1.4 Other Infectious Diseases
6 Infection Type 6.1 Overview6.1.1 Respiratory Infections6.1.1.1 COVID-19 Infection6.1.1.2 Influenza A and B6.1.1.3 Respiratory Syncytial Virus6.1.1.4 Mycoplasma Infections6.1.1.5 Pertussis Infections6.1.1.6 Other Respiratory Infections6.1.2 Hospital-Acquired Infections (HAIs)6.1.3 Sexually Transmitted Infections (STIs)6.1.3.1 Hepatitis B6.1.3.2 HIV-AIDS6.1.3.3 Human Papillomavirus (HPV)6.1.3.4 Neisseria Gonorrhea6.1.3.5 Other STIs6.1.4 Other Infections
7 End User 7.1 Overview7.1.1 Hospitals7.1.1.1 Hospitals (by Respiratory Infections)7.1.1.1.1 Hospitals (Influenza A and B)7.1.1.1.2 Hospitals (COVID-19 Infection)7.1.1.1.3 Hospitals (Respiratory Syncytial Virus (RSV))7.1.1.1.4 Hospitals (Mycoplasma Infections)7.1.1.1.5 Hospitals (Pertussis Infections)7.1.1.1.6 Hospitals (Other Respiratory Infections)7.1.1.2 Hospitals (by Sexually Transmitted Infections (STIs))7.1.1.2.1 Hospitals (Hepatitis B)7.1.1.2.2 Hospitals (HIV-AIDS)7.1.1.2.3 Hospitals (HPV)7.1.1.2.4 Hospitals (Neisseria Gonorrhea)7.1.1.2.5 Hospitals (Other STIs)7.1.2 Diagnostic Centers7.1.3 Out-Patient Clinics/General Practitioners7.1.4 Research Laboratories7.1.5 Other End Users
8 Regions
9 Company Profiles 9.1 Overview9.2 Abbott9.2.1 Company Overview9.2.2 Role of Abbott in the Europe Infectious Disease Diagnostics Market 9.2.3 Key Competitors of the Company9.2.4 Key Customers of the Company9.2.5 Corporate Strategies9.2.6 Business Strategies9.2.7 Financials9.2.8 Key Insights about the Financial Health of the Company9.2.9 SWOT Analysis9.3 Agilent Technologies, Inc.9.4 Becton, Dickinson and Company (BD)9.5 bioMerieux SA9.6 Bio-Rad Laboratories, Inc.9.7 Danaher9.8 F. Hoffmann-La Roche Ltd9.9 Illumina, Inc.9.1 QIAGEN N.V.9.11 Siemens Healthcare GmbH9.12 Thermo Fisher Scientific Inc.9.13 PerkinElmer Inc.9.14 Hologic Inc. (Mobidiag Ltd.)9.15 Abacus Diagnostica Oy9.16 Novacyt Group.9.17 Biocartis
For more information about this report visit
Media Contact:
Research and MarketsLaura Wood, Senior Manager[email protected]
For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
MENAFN20052022003732001241ID1104247229
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.