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Astute Analytica publishes a research report on the Diagnostics Market. The analysis report contains in-depth data about demand, growth, opportunities, challenges, and restraints. In addition, it provides a thorough examination of the structure and possibility of global and regional industries. 

The Global Diagnostics Market report, analyzed by Astute Analytica, examines the tuberculosis, asthma, sepsis, and pneumonia diagnostics market for the study period 2017-2030. 

The Global Tuberculosis Diagnostics Market is projected to reach US$ 4,480.7 Million by 2030 from US$ 2,984.8 Million 2021, registering a CAGR of 4.7% during 2022-2030.

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The Global Asthma Diagnostics Market was valued at US$ 3,385.5 Million in 2021 and is forecasted to reach US$ 5,857.7 Million by 2030, registering a CAGR of 6.5% over the projection period. 

The Global Sepsis Diagnostics Market is witnessing a CAGR of 8.4% during 2022-2030. The Sepsis Diagnostics Market is estimated to witness a growth in its revenue from US$ 489.3 Million in 2021 to US$ 992.8 Million by 2030. Further, the Global Pneumonia Diagnostics Market is anticipated to experience a leap forward in its revenue from US$ 460.9 Million in 2021 to US$ 828.5 Million by 2030, recording a growth rate of 6.9% over the forecast period.

The global market study includes information from key firms on R&D, new product launches, and product responses from global markets. The analysis includes a graphical presentation and a diagrammatic examination of the global market by region.

People and economies globally rely substantially on the healthcare business. It is one of the fastest-growing industries. There is a correlation between income levels and healthcare spending in different nations, with healthcare spending accounting for more than 10% of most industrialized countries’ GDP.

Impact Analysis of COVID-19

Global COVID-19 cases have climbed above 516 million as of May 2022, and the death toll has exceeded 6.25 million. COVID-19 has disproportionately impacted specific racial and ethnic minority groups, as well as underserved and marginalized communities, highlighting the persistent challenges of health equity and health outcomes.

COVID-19 is causing a great deal of emotional, physical, and professional stress among health care personnel. The changing attitudes and behaviors of consumers, the integration of life sciences and health care, fast-growing digital health technology, new talent, and care delivery models, and clinical innovation advanced by COVID-19.

As sector players and the customers, they serve to adapt to a new world of remote working, virtual doctor visits, and a supply chain plagued by shortages of medical goods, employees, and services, the sector is reforming to become more customer-centric.

The Centers for Medicare and Medicaid Services data calculates that the U.S. national healthcare expenditure reached US$ 4.1 trillion in 2020 and is forecast to surpass US$ 6.2 trillion by 2028. According to the Commonwealth Fund, the U.S. spent nearly 17% of gross domestic product (GDP) on healthcare in 2018. Switzerland was the second-highest-ranking country, spending 12.2%. In addition, New Zealand and Australia dedicate only 9.3%.

Regional Analysis 

By Test Type segment of the Global Tuberculosis Diagnostics Market is sub-segmented into:

·         Radiographic Method

·         Cytokine Detection Assay

·         Nucleic Acid Testing

·         Detection of Latent Infection

·         Diagnostic Laboratory Method

·         Detection of Drug Resistance

·         Others

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By End User segment of the Global Tuberculosis Diagnostics Market is sub-segmented into:

·         Clinics

·         Hospitals

·         Research Institutes & Academics

·         Diagnostic Centers

Global Asthma Diagnostics Market

By Test Type segment of the Global Asthma Diagnostics Market is sub-segmented into:

·         Radiographic Method

·         Spirometry Test 

·         Bronchodilator Reversibility Test

·         FeNO Test

·         Peak Flow

·         Bronchial Challenge Tests

·         Allergy tests

·         Others

By End User segment of the Global Asthma Diagnostics Market is sub-segmented into:

·         Clinics

·         Hospitals

·         Research Institutes & Academics

·         Diagnostic Centers

Global Sepsis Diagnostics Market

By Test Type segment of the Global Sepsis Diagnostics Market is sub-segmented into:

·         CRP Test

·         PT & PTT Test

·         Urinalysis

·         Pulse Oximetry

·         Others

By End User segment of the Global Sepsis Diagnostics Market is sub-segmented into:

·         Clinics

·         Hospitals

·         Research Institutes & Academics

·         Diagnostic Centers

Global Pneumonia Diagnostics Market

By Test Type segment of the Global Pneumonia Diagnostics Market is sub-segmented into:

·         Blood Test

·         Chest X-Ray Test

·         Pulse Oximetry

·         Sputum Test

·         Others

By End User segment of the Global Pneumonia Diagnostics Market is sub-segmented into:

·         Clinics

·         Hospitals

·         Research Institutes & Academics

·         Diagnostic Centers

Key Players Insights

The key players in the Global Diagnostics Market are Abbott Laboratories, Thermo Fisher Scientific Inc., Becton Dickenson, Koninklijke Philips N.V., and BioMerieux, among others. 

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