Global Infectious Disease Diagnostics Market is estimated to be valued at US$ 1,451.5 Mn in 2023 and is expected to exhibit a CAGR of 9.81% during the forecast period (2023-2030).
Increasing prevalence of infectious diseases is expected to propel growth of the global infectious disease diagnostics market over the forecast period. For instance, till February 23, 2020, 76,936 cases were reported in China and 1,875 cases of coronavirus disease2019 were reported in locations outside China and the number of associated deaths with Covid-19 was 2,462.For instance , according to WHO A total of 1.6 million people died from Tuberculosis in 2021 (including 187 000 people with HIV). Worldwide, TB is the 13th leading cause of death and the second leading infectious killer after COVID-19 (above HIV/AIDS). North America held a dominant position in the global infectious disease diagnostics market, accounting for 38.2% share, in terms of value, followed by Europe.
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