Analysis - by Type (Point-of-Care Testing and Laboratory Testing), End User [Point-of-Care Testing (Human Testing and Vet Testing) and Laboratory Testing (Human Testing and Vet Testing)], Application [Point-of-Care Testing (Detection of Single Pathogen, Detection of Two or More Pathogens, Evaluation of Emerging Novel Infections, Surveillance and Early Detection of Biothreat Agents and Diseases-Related Biomarker, and Antimicrobial Resistance Profiling) and Laboratory Testing (Patient stratification, Drug Regimen Selection, Toxicity Avoidance, Therapeutic Monitoring, and Detection of Predisposition to Disease)], Disease Type [Point-of-Care Testing (Sepsis, Prosthetic Joint Infection (PJI), Endocarditis, STDs, Mononucleosis, Group A Streptococcus (GAS), and Others) and Laboratory Testing (Sepsis, Prosthetic Joint Infection (PJI), Endocarditis, STDs, Chlamydia, Gastrointestinal Infection, Tuberculosis, H1N1 Virus, and Others)], Infection Type [Point-of-Care Testing (Bacteria, Viral, Fungi, and Others) and Laboratory Testing (Bacteria, Viral, Fungi, and Others)]
No. of Pages:
108
|
Report Code:
BMIRE00029839
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Category:
Life Sciences
The North America molecular diagnostics for infectious disease market was valued at US$ 3,345.15 million in 2022 and is expected to reach US$ 8,419.70 million by 2030; it is estimated to grow at a CAGR of 12.2% from 2022 to 2030.
Molecular Diagnostics for Infectious Diseases in Personalized Medicine Fuels the North America Molecular Diagnostics for Infectious Disease Market
Genome research has become more convenient and cost-effective with progress in high-throughput techniques. Molecular diagnostics is becoming increasingly indispensable in clinical laboratories as these kits and tests provide rapid detection results as opposed to conventional tests, which involve culturing microbes in laboratory conditions in a few cases. Medical treatments and interventions are tailored to each patient using precision medicine based on their unique genetic makeup, lifestyle, and environment. Molecular diagnostics plays an important role in this approach, as it enables the identification of specific biomarkers, genetic mutations, and gene expression patterns that impact decision-making related to the treatment of patients. Drug development has become increasingly dependent on molecular diagnostics. Various molecular imaging techniques are used in screening, detecting, diagnosing, treating, and assessing heterogeneity to make progression plans, examine molecular characteristics, and monitor patient outcomes. Personalized medicine generally aims to interrogate the genomic information of a patient, e.g., drug metabolism polymorphisms help guide drug choice and dosage. In infectious diseases, personalized medicine concepts can be used to rapidly identify disease-causing microorganisms, determine their antimicrobial resistance profiles, and ascertain an appropriate antimicrobial treatment for the proper management of the patient based on the results. Point-of-care testing for infectious diseases requires the acceptance of medical authorities, development of new technology and communication platforms, and reimbursement policies so that the greatest number of patients can benefit from lifesaving and time-saving procedures. Introducing these techniques into clinical practice would enable the identification of molecular targets in each patient, along with facilitating the tracking of the molecular progression of diseases.
Thus, with ever-evolving technology, the market for molecular diagnostics for infectious diseases seems to have a bright future.
North America Molecular Diagnostics for Infectious Disease Market Overview
The increasing prevalence of tuberculosis (TB) and rise in awareness of diagnosis and treatment for TB in Mexico is fueling the growth of the molecular diagnosis for infectious diseases market. According to StopTB Partnership Organization, the number of people suffering from TB rose from 30,000 in 2019 to 31,000 in 2020. The growing focus of Centers for Disease Control and Prevention (CDC) has established several international laboratory projects in Mexico. These projects include two projects for the detection of drug-sensitive and drug-resistant TB cases in Sonora and Baja California, Mexico. The common goal of these two projects is to build capacity for state and national disease control program to identify the group at risk and conduct rapid TB tests on that group. These initiatives for screening the masses for TB are creating awareness in the Mexican population. In addition, the extensively growing pharmaceuticals industry, developing healthcare infrastructure, and elevating demand for diagnostic testing products bolster the molecular diagnostics for infectious diseases market growth in Mexico. In February 2021, the World Health Organization (WHO) announced significant advancements in the diagnosis of TB and drug resistance in children, adolescents, and adults. The three new classes of technologies announced for testing TB were as follows:
- Moderate-complexity automated Nucleic Acid Amplification Tests (NAATs) for the diagnosis of TB and detection of variants resistant to rifampicin and isoniazid
- Low-complexity automated NAATs for detection of resistance to isoniazid and second-line anti-TB agents
- High-complexity hybridization-based NAATs for the detection of resistance to pyrazinamide.
North America Molecular Diagnostics for Infectious Disease Market Revenue and Forecast to 2030 (US$ Million)
North America Molecular Diagnostics for Infectious Disease Market Segmentation
The North America molecular diagnostics for infectious disease market is segmented based on type, end user, application, disease type, infection type, and country.
Based on type, the North America molecular diagnostics for infectious disease market is bifurcated into point-of-care testing and laboratory testing. The laboratory testing segment held a larger North America molecular diagnostics market for infectious disease market share in 2022.
The North America molecular diagnostics for infectious disease market, by end user, is bifurcated into point-of-care testing and laboratory testing. Point-of-care testing is further bifurcated into human testing and vet testing. Similarly, laboratory testing is further bifurcated into human testing and vet testing. The human testing segment, by point-of-care testing, held a larger North America molecular diagnostics market for infectious disease market share in 2022. Additionally, the human testing segment, by laboratory testing, held a larger North America molecular diagnostics market for infectious disease market share in 2022.
Based on application, the North America molecular diagnostics for infectious disease market is bifurcated into point-of-care testing and laboratory testing. Point-of-care testing is further segmented into detection of single pathogen, detection of two or more pathogens, evaluation of emerging novel infections, surveillance and early detection of biothreat agents and diseases-related biomarker, and antimicrobial resistance profiling. Similarly, laboratory testing is further categorized into patient stratification, drug regimen selection, toxicity avoidance, therapeutic monitoring, and detection of predisposition to disease. The detection of a single pathogen segment, by point-of-care testing, held the largest North America molecular diagnostics for infectious disease market share in 2022. Additionally, the drug regimen selection segment, by laboratory testing, held the largest North America molecular diagnostics for infectious disease market share in 2022.
Based on disease type, the North America molecular diagnostics for infectious disease market is bifurcated into point-of-care testing and laboratory testing. Point-of-care testing is further segmented into sepsis (e.g. urogenital/lung/wound), prosthetic joint infection, endocarditis, STDs, mononucleosis, group A streptococcus, and others. Similarly, laboratory testing is further categorized into sepsis, prosthetic joint infection, endocarditis, STDs, chlamydia, gastrointestinal infection, tuberculosis, H1N1 virus, and others. The STDs segment, by point-of-care testing, held the largest North America molecular diagnostics for infectious disease market share in 2022. Additionally, the STDs segment, by laboratory testing, held the largest North America molecular diagnostics for infectious disease market share in 2022.
Based on infection type, the North America molecular diagnostics for infectious disease market is bifurcated into point-of-care testing and laboratory testing. The point-of-care testing is further segmented into bacteria, viral, fungi, and others. Similarly, laboratory testing is further categorized into bacteria, viral, fungi, and others. The bacteria segment, by point-of-care testing, held the largest North America molecular diagnostics for infectious disease market share in 2022. Additionally, the bacteria segment, by laboratory testing, held the largest North America molecular diagnostics for infectious disease market share in 2022.
Based on country, the North America molecular diagnostics for infectious disease market is categorized into the US, Canada, and Mexico. The US dominated the North America molecular diagnostics for infectious disease market in 2022.
Abbott Laboratories, bioMerieux SA, Bruker Corp, Danaher Corp, DiaSorin SpA, F. Hoffmann-La Roche Ltd, Hologic Inc, Siemens Healthineers AG, and Thermo Fisher Scientific Inc are some of the leading companies operating in the North America molecular diagnostics for infectious disease market.
North America Molecular Diagnostics for Infectious Disease Strategic Insights
Strategic insights for the North America Molecular Diagnostics for Infectious Disease provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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North America Molecular Diagnostics for Infectious Disease Report Scope
Report Attribute
Details
Market size in 2022
US$ 3,345.15 Million
Market Size by 2030
US$ 8,419.70 Million
Global CAGR (2022 - 2030)
12.2%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
Point-of-Care Testing and Laboratory Testing
By End User
Human Testing and Vet Testing
By Application
Detection of Single Pathogen
Detection of Two or More Pathogens
Evaluation of Emerging Novel Infections
Surveillance and Early Detection of Biothreat Agents and Diseases-Related Biomarker
Antimicrobial Resistance Profiling
Patient stratification
Drug Regimen Selection
Toxicity Avoidance
Therapeutic Monitoring
Detection of Predisposition to Disease
By Disease Type
Sepsis
Prosthetic Joint Infection
Endocarditis
STDs
Mononucleosis
Group A Streptococcus
Sepsis
Prosthetic Joint Infection
Endocarditis
STDs
Chlamydia
Gastrointestinal Infection
Tuberculosis
H1N1 Virus
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
Abbott Laboratories
bioMerieux SA
Bruker Corp
Danaher Corp
DiaSorin SpA
F. Hoffmann-La Roche Ltd
Hologic Inc
Siemens Healthineers AG
Thermo Fisher Scientific Inc
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North America Molecular Diagnostics for Infectious Disease Regional Insights
The geographic scope of the North America Molecular Diagnostics for Infectious Disease refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Identical Market Reports with other Region/Countries
The List of Companies - North America Molecular Diagnostics for Infectious Disease Market
1. Abbott Laboratories
2. bioMerieux SA
3. Bruker Corp
4. Danaher Corp
5. DiaSorin SpA
6. F. Hoffmann-La Roche Ltd
7. Hologic Inc
8. Siemens Healthineers AG
9. Thermo Fisher Scientific Inc
Frequently Asked Questions
How big is the North America Molecular Diagnostics for Infectious Disease Market?
The North America Molecular Diagnostics for Infectious Disease Market is valued at US$ 3,345.15 Million in 2022, it is projected to reach US$ 8,419.70 Million by 2030.
What is the CAGR for North America Molecular Diagnostics for Infectious Disease Market by (2022 - 2030)?
As per our report North America Molecular Diagnostics for Infectious Disease Market, the market size is valued at US$ 3,345.15 Million in 2022, projecting it to reach US$ 8,419.70 Million by 2030. This translates to a CAGR of approximately 12.2% during the forecast period.
What segments are covered in this report?
The North America Molecular Diagnostics for Infectious Disease Market report typically cover these key segments-
Type (Point-of-Care Testing and Laboratory Testing)
End User (Human Testing and Vet Testing)
Application (Detection of Single Pathogen, Detection of Two or More Pathogens, Evaluation of Emerging Novel Infections, Surveillance and Early Detection of Biothreat Agents and Diseases-Related Biomarker, Antimicrobial Resistance Profiling, Patient stratification, Drug Regimen Selection, Toxicity Avoidance, Therapeutic Monitoring, Detection of Predisposition to Disease)
What is the historic period, base year, and forecast period taken for North America Molecular Diagnostics for Infectious Disease Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Molecular Diagnostics for Infectious Disease Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in North America Molecular Diagnostics for Infectious Disease Market?
The North America Molecular Diagnostics for Infectious Disease Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Abbott Laboratories
bioMerieux SA
Bruker Corp
Danaher Corp
DiaSorin SpA
F. Hoffmann-La Roche Ltd
Hologic Inc
Siemens Healthineers AG
Thermo Fisher Scientific Inc
Who should buy this report?
The North America Molecular Diagnostics for Infectious Disease Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Molecular Diagnostics for Infectious Disease Market value chain can benefit from the information contained in a comprehensive market report.
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