India Infectious Respiratory Disease Diagnostics Market Size & Outlook
India infectious respiratory disease diagnostics market, 2016-2028 (US$M)
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India infectious respiratory disease diagnostics market highlights
- The India infectious respiratory disease diagnostics market generated a revenue of USD 3,521.8 million in 2020 and is expected to reach USD 5,128.3 million by 2028.
- The India market is expected to grow at a CAGR of 4.8% from 2021 to 2028.
- In terms of segment, consumables was the largest revenue generating product in 2020.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious respiratory disease diagnostics market data book summary
| Market revenue in 2020 | USD 3,521.8 million |
| Market revenue in 2028 | USD 5,128.3 million |
| Growth rate | 4.8% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Services |
| Key market players worldwide | Abbott Laboratories, Thermo Fisher Scientific Inc, Koninklijke Philips NV, BD, BioMerieux SA, Bio-Rad Laboratories Inc, QuidelOrtho Corp, Siemens Healthineers AG ADR, Danaher Corp, Qiagen NV, Roche |
Other key industry trends
- In terms of revenue, India accounted for 9.8% of the global infectious respiratory disease diagnostics market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, India infectious respiratory disease diagnostics market is projected to lead the regional market in terms of revenue in 2028.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 680.9 million by 2028.
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Infectious Respiratory Disease Diagnostics Market Scope
Infectious Respiratory Disease Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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India infectious respiratory disease diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to infectious respiratory disease diagnostics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 65.34% in 2020. Horizon Databook has segmented the India infectious respiratory disease diagnostics market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2016 to 2028.
India’s market is a different scenario compared to the other Asia Pacific countries, such as China and Japan, owing to more relaxed regulatory guidelines and the import of most equipment & materials from other countries.
Its market is expected to witness significant growth owing to increased investments by private and foreign entities, which can help provide effective tests at lower costs. Most common infection cases in India include pneumonia, tuberculosis, and others.
According to WHO, around 124,000 cases of drug-resistant tuberculosis were reported in 2019. Furthermore, the number of COVID-19 tests being carried out each day in May 2021 have reached 2.5 million to contain the spread of infection.
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Our clientele includes a mix of infectious respiratory disease diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India infectious respiratory disease diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into India infectious respiratory disease diagnostics market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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India infectious respiratory disease diagnostics market
India Infectious Respiratory Disease Diagnostics Market Outlook Share, 2020 & 2028 (US$M)
India infectious respiratory disease diagnostics market
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