(PharmaNewsWire.Com, September 05, 2023 ) The total global market for the “Neglected Tropical Diseases Diagnosis Market” was valued at USD 6.32 Bn in 2022 and is expected to grow at a CAGR of 4.5 percent over the forecast period to reach USD 8.97 Bn by 2029.
Neglected Tropical Diseases Diagnosis Market Report Scope and Research Methodology
The Neglected Tropical Diseases Diagnosis Market report provides a strategic analysis of the global industry including various factors such as market size, drivers, restraints, growth trends and regional insight. The data was collected from primary and secondary research methods. SWOT analysis is used to identify the threats and weaknesses of the market and PESTLE is used to employ the competitive intensity of the Neglected Tropical Diseases Diagnosis Market.
Growing awareness regarding development and research with emerging molecular diagnostics, point-of-care examinations, and innovative imaging technologies as well as expansion of healthcare infrastructure are key components that are driving the market growth.
Asia Pacific dominated the largest market share in 2022 and is expected to grow at a significant CAGR over the forecast period. The growth of investment in healthcare infrastructure and government initiatives regarding NTDs and point-of-care diagnostics and telemedicine solutions are the main factors for regional market growth.
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