Italy Infectious Respiratory Disease Diagnostics Market Size & Outlook
Italy infectious respiratory disease diagnostics market, 2016-2028 (US$M)
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Italy infectious respiratory disease diagnostics market highlights
- The Italy infectious respiratory disease diagnostics market generated a revenue of USD 832.0 million in 2020 and is expected to reach USD 1,128.0 million by 2028.
- The Italy market is expected to grow at a CAGR of 3.9% 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 832.0 million |
| Market revenue in 2028 | USD 1,128.0 million |
| Growth rate | 3.9% (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, Italy accounted for 2.3% 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 Europe, UK infectious respiratory disease diagnostics market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,580.5 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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Italy 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 63.8% in 2020. Horizon Databook has segmented the Italy infectious respiratory disease diagnostics market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2016 to 2028.
Increase in demand for rapid diagnostic procedures and prevalence of infectious diseases in Italy are some of the key drivers of its respiratory disease diagnostics market. According to Influent, around 2,768,000 cases of influenza were diagnosed from October 2019 to January 2020 in Italy.
Furthermore, WHO statistics suggest that around 4,606,413 people were affected by COVID-19 by September 2021. A large number of manufacturers and distributors offer essential instruments, kits, and reagents for diagnosis of infectious respiratory diseases, which is expected to boost market growth.
Siemens Healthcare GmbH, Roche Diagnostics, and Dia Sorin are some of the key companies operating in Italy. R&D activities are anticipated to accelerate, owing to an increase in funding offered by government and non-government organizations.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy infectious respiratory disease diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Italy infectious respiratory disease diagnostics market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Italy infectious respiratory disease diagnostics market size, by product, 2016-2028 (US$M)
Italy Infectious Respiratory Disease Diagnostics Market Outlook Share, 2020 & 2028 (US$M)
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