MENINGITIS DIAGNOSTIC TESTING MARKET ANALYSIS
Meningitis Diagnostic Testing Market Drivers
Development of novel technologies that require less time in diagnosis of meningitis is a major factor for meningitis diagnostic testing market growth. For instance, in April 2018, Ireland-based firm — HiberGene Diagnostics— introduced ‘HG Meningococcus test’— a combination test for meningococcal and pneumococcal meningitis that offers accurate results in as little as 40 minutes. The new test is expected to cover 90% cases of bacterial meningitis and help to speed up treatment of the illness.
Furthermore, increasing research and development activities to diagnose various type of meningitis is expected to boost growth of the meningitis diagnostic testing market during the forecast period. For instance, in July 2018, Antrum Biotech and the University of Cape Town developed a new rapid test that can diagnose tuberculosis (TB) meningitis within two hours. The test is currently undergoing validation to enter the market.
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