What is the Projected CAGR value of the Infectious Disease Testing Products Market?
Infectious Disease Testing Products Market is expected to grow at a CAGR of 6.7% during the forecasting period 2023-2030.
Who are the key players in Infectious Disease Testing Products Market?
The major global players include Co-Diagnostics Inc., Roche Diagnostics, Abbott Laboratories, Siemens Healthineers, Becton, Dickinson and Company (BD), Bio-Rad Laboratories, Thermo Fisher Scientific Inc, Ortho Clinical Diagnostics, Chembio Diagnostic Systems and Abacus Diagnostica.
What are the key trends in the infectious disease testing products market?
One of the most prominent trends is the surging demand for rapid and point-of-care (POC) testing. This allows for quicker diagnoses and treatment decisions, enhancing patient outcomes.
What are the major segments of the infectious disease testing products market?
The market is segmented by product, testing type, end-user, and region. Based on testing type, the point-of-care testing segment holds the largest share due to its rapid turnaround time and portability.