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The infectious disease market size is forecast to increase by USD 130.3 billion at a CAGR of 13.64% between 2023 and 2028. The increasing prevalence of infectious diseases is the key factor driving the market growth. There has been an increase in the prevalence of infectious diseases, driving the demand for infectious disease diagnostics. Globally, infectious disease outbreaks have increased due to changing lifestyles, which result in reduced immunity. The pattern of the incidence of infectious disease has also been changing with the evolution of drug-resistant pathogens. HIV/AIDS is a leading cause of death in many countries.
The market size growth by the drugs segment will be significant during the forecast period. As per the WHO 2019 Global Tuberculosis Report, the total number of TB-infected patients across the world was estimated to be 6.3 million. The figure fell to 4.9 million in 2020. Fewer cases of TB were notified in 2020 owing to the outbreak of the COVID-19 pandemic, which, in turn, led to over half a million deaths from the disease globally in 2020. Thus, the rising number of cases of infectious diseases is expected to increase the demand for TB drugs, thereby driving the growth of the market during the forecast period.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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