Global bacterial & viral specimen collection market growth can be hampered due to limited healthcare infrastructure in many developing nations. Many countries in Asia, Africa, and Latin America still lack proper medical facilities and trained healthcare professionals even in major cities. This becomes more problematic in remote and rural areas which have little to no access to basic diagnostic services. The lack of adequate laboratories, trained lab technicians, specimen transportation networks, and others severely hampers early testing and diagnosis of various bacterial and viral infections in these regions. This subsequently affects the demand for specimen collection products in such nations. Unless efforts are made by governments and international organizations to strengthen primary healthcare facilities, improved access to infectious disease diagnostics will remain limited especially in resource-poor settings.
Market Opportunities: Development of novel collection products
Global bacterial & viral specimen collection market has a significant opportunity in developing innovative collection product offerings that can address the specific needs of testing in remote locations. With advancements in molecular diagnostic technologies, there is a scope for startups and medical device companies to design novel self-collection kits, more stable transport medias and integrated diagnostic platforms that do not require sophisticated lab infrastructure. Development of products with longer shelf life, higher accuracy from small sample volumes, integrated pathogen preservation capabilities can expand the reach of infectious disease testing. Novel 3D printed cartridges for isothermal PCR instruments have potential to provide lab-quality diagnostics at the point of care. Companies investing in R&D around user-friendly, affordable and versatile collection solutions can tap into the huge untapped market, especially in developing world.
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