Infectious Disease Diagnostics Market Size, Share and Top Players

Healthcarenews23 May, 2024Business

The global infectious disease diagnostics market was valued at USD 21.4 billion in 2023 and is projected to reach USD 31.5 billion by 2028, growing at a CAGR of 8.0% during the forecast period. In 2022, the reagents, kits, and consumables segment dominated the infectious disease diagnostics market by product & service. This segment's large market share can be attributed to the high demand for these products, which require repeat purchases compared to instruments. The consistent need for reagents, kits, and consumables ensures stable demand from end users, driving this segment's growth.