Unregulated Industrial Emission in Asia Pacific Drives Demand for Tuberculosis Testing Facilities
A new Transparency Market Research report states that the global tuberculosis testing market stood at US$1.9 bn in 2013 and is predicted to reach US$2.6 bn by 2020. It is predicted to expand at a CAGR of 4.30% from 2014 to 2020. The title of the report is “Tuberculosis Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.� Browse the full Tuberculosis Testing Market (Smear Microscopy, Culture Based Tests, Nucleic Acid Testing, Mantoux Test, Radiography (Chest X-Ray), Drug Susceptibility Testing (DST) and Other TB Tests): Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/tuberculosis-testingmarket.html As per the report, the rising acceptance of numerous TB testing techniques owing to the increasing prevalence of diseases globally is propelling the market for tuberculosis testing. In addition, a number of tuberculosis awareness and control programs launched by various non-government and government organizations globally will also augment the market for tuberculosis testing. Furthermore, the great market potential exhibited by a number of developing economies globally will bring in new growth opportunities in the market. On the other hand, factors such as the soaring costs of numerous tuberculosis tests may impede the growth of the market in forthcoming years. The report segments the market on the basis of test type and geography: In terms of test type, the market is segmented into culture-based tests, smear microscopy, nucleic acid testing, radiography (chest x-ray), Mantoux test (tuberculin skin test), drug susceptibility testing (DST), and others including adenosine deaminase (ADA), serological tests, interferongamma release assays (IGRA), etc. Amongst these, the segment of culture-based tests led the market in 2014. Culture-based tuberculosis tests comprise both liquid and solid culture tests and they are broadly accepted owing to their relatively high accuracy and specialty as compared to other types of tuberculosis tests. On the other hand, the segment of other tests is predicted to exhibit the swiftest growth in the forecast horizon owing to their numerous advantages including high accuracy, rapid result generation, and single visit requirement, among others. In terms of geography, the report segments the market into Europe, Asia Pacific, North America, and Rest of the World (RoW). Amongst these, Asia Pacific held the largest share in the market in