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Infectious disease market size to grow by USD 104.81 billion between 2022 and 2027; Driven by increasing prevalence of infectious diseases - Technavio

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NEW YORK, Feb. 27, 2023 /PRNewswire/ -- The infectious disease market size is projected to grow by USD 104.81 billion between 2022 and 2027, accelerating at a CAGR of 12.49% during the forecast period. The market is driven by the increasing prevalence of infectious diseases. The outbreak of infectious diseases has increased significantly in recent years due to changing lifestyles, climate variability, and reduced immunity. Besides, the pattern of infection incidence has been changing with the evolution of drug-resistant pathogens. These factors are increasing the prevalence of various infectious diseases caused by bacteria, viruses, fungi, and parasites, which is driving the market in focus. Know about the impact of other major factors on the growth of the market.  Insights on the market dynamics along with the historic period (2017-2021) & forecast period (2023 to 2027) - Download a Sample Report

Key Companies Covered:

Technavio offers detailed information of the competitive landscape and products offered by major vendors including:

  • Bio Rad Laboratories Inc. - The company offers solutions for infectious diseases that help enable earlier diagnosis, appropriate therapy selection, personalized care, and infectious disease monitoring.
  • Danaher Corp. - The company offers solutions for infectious disease that helps from preventing disease transmission by diagnosing infection, monitoring treatment and providing essential educational training for healthcare workers.
  • F. Hoffmann La Roche Ltd. - The company offers solutions for infectious diseases using testing systems, reagents, and quality controls to optimize testing workflows and provide quality results.
  • Genetic Signatures Ltd. - The company offers solutions for infectious diseases by providing tests for the early detection of infectious diseases in the fields of antimicrobial resistance and healthcare-associated infections.

Identify other key vendors covered in this market report along with historic & forecast from 2017 to 2021, 2023 to 2027, USD Billion- Download a Sample Report

Infectious Disease Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 12.49%

Market growth 2023-2027

USD 104.81 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

11.16

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 42%

Key countries

US, Germany, UK, China, Canada, Mexico, Italy, Spain, Australia, India, South Korea and Japan

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Bio Rad Laboratories Inc., Danaher Corp., F. Hoffmann La Roche Ltd., Genetic Signatures Ltd., Grifols SA, Hologic Inc., Meridian Bioscience Inc., Meril Life Sciences Pvt. Ltd., OraSure Technologies Inc., PerkinElmer Inc., QIAGEN NV, Siemens AG, Sysmex Corp., Trinity Biotech Plc, Abbott Laboratories, Becton Dickinson and Co., bioMerieux SA, DiaSorin SpA, Quidel Corp., and Thermo Fisher Scientific Inc.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

What`s New for 2023?

  • Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
  • Global competitiveness and key competitor positions
  • Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial

Key Segments:

Infectious Disease Market Product Outlook (Revenue, USD Billion, 2022-2027)

  • Drugs - size and forecast 2022-2027
  • Vaccines - size and forecast 2022-2027

The market growth in the drugs segment will be significant during the forecast period. The growth of the segment is driven by various factors including the rising awareness activities by various governments and non-profit organizations, the increasing prevalence of infectious diseases, and the rising fund for R&D.

Infectious Disease Market End-user Outlook (Revenue, USD Billion, 2022-2027)

  • Hospital - size and forecast 2022-2027
  • Multispecialty clinic - size and forecast 2022-2027
  • Others - size and forecast 2022-2027

Hospitals are the key end-users of infectious disease therapies in the market. The increase in the number of patients suffering from different types of diseases, such as acquired immunodeficiency syndrome (AIDS), tuberculosis (TB) meningitis, and other infectious diseases is driving the growth of the segment.

Infectious Disease Market Geography Outlook (Revenue, USD Billion, 2022-2027)

  • North America - size and forecast 2022-2027
  • Europe - size and forecast 2022-2027
  • Asia - size and forecast 2022-2027
  • Rest of World (ROW) - size and forecast 2022-2027

North America will account for 42% of the market growth during the forecast period. The region is home to some of the prominent vendors including Gilead, Johnson and Johnson, Pfizer, and AbbVie. The market will observe accelerated growth in North America due to the development and launch of drugs for the treatment of infectious diseases.

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Related Reports:

  • The hospital infection therapeutics market is estimated to decline at a CAGR of 4.98% between 2022 and 2027. The size of the market is forecasted to increase by USD 3,106.6 million. The increase in the incidence and prevalence of respiratory disorders is notably driving the market growth, although factors such as stringent regulations may impede the market growth.
  • The bacterial disease diagnostics market is estimated to decline at a CAGR of 6.28% between 2022 and 2027. The size of the market is forecast to increase by USD 3,766.05 million. The high prevalence of infectious diseases is notably driving the market growth, although factors such as the lack of accessibility to bacterial diagnostic tests in developing countries may impede the market growth.

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Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global infectious disease market 2017 - 2021
    • Exhibit 18: Historic Market Size – Data Table on Global infectious disease market 2017 - 2021 ($ billion)
  • 4.2 Product Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
  • 4.3 End-user Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

  • 6.1 Market segments 
    • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
  • 6.2 Comparison by Product 
    • Exhibit 32: Chart on Comparison by Product
    • Exhibit 33: Data Table on Comparison by Product
  • 6.3 Drugs - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Drugs - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 35: Data Table on Drugs - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 36: Chart on Drugs - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Drugs - Year-over-year growth 2022-2027 (%)
  • 6.4 Vaccines - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Vaccines - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 39: Data Table on Vaccines - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 40: Chart on Vaccines - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Vaccines - Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Product 
    • Exhibit 42: Market opportunity by Product ($ billion)

7 Market Segmentation by End-user

  • 7.1 Market segments 
    • Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
  • 7.2 Comparison by End-user 
    • Exhibit 45: Chart on Comparison by End-user
    • Exhibit 46: Data Table on Comparison by End-user
  • 7.3 Hospital - Market size and forecast 2022-2027
    • Exhibit 47: Chart on Hospital - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 48: Data Table on Hospital - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 49: Chart on Hospital - Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Hospital - Year-over-year growth 2022-2027 (%)
  • 7.4 Multispecialty clinic - Market size and forecast 2022-2027 
    • Exhibit 51: Chart on Multispecialty clinic - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 52: Data Table on Multispecialty clinic - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 53: Chart on Multispecialty clinic - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Multispecialty clinic - Year-over-year growth 2022-2027 (%)
  • 7.5 Others - Market size and forecast 2022-2027
    • Exhibit 55: Chart on Others - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 56: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 57: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 7.6 Market opportunity by End-user 
    • Exhibit 59: Market opportunity by End-user ($ billion)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 63: Chart on Geographic comparison
    • Exhibit 64: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027
    • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027
    • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 Asia - Market size and forecast 2022-2027
    • Exhibit 73: Chart on Asia - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 74: Data Table on Asia - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 75: Chart on Asia - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on Asia - Year-over-year growth 2022-2027 (%)
  • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
    • Exhibit 77: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 78: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 79: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
  • 9.7 US - Market size and forecast 2022-2027
    • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.8 Germany - Market size and forecast 2022-2027
    • Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027
    • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.10 UK - Market size and forecast 2022-2027
    • Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.11 Japan - Market size and forecast 2022-2027
    • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.12 Market opportunity by geography 
    • Exhibit 101: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 104: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 105: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 106: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 107: Matrix on vendor position and classification
  • 12.3 Abbott Laboratories 
    • Exhibit 108: Abbott Laboratories - Overview
    • Exhibit 109: Abbott Laboratories - Business segments
    • Exhibit 110: Abbott Laboratories - Key news
    • Exhibit 111: Abbott Laboratories - Key offerings
    • Exhibit 112: Abbott Laboratories - Segment focus
  • 12.4 Becton Dickinson and Co. 
    • Exhibit 113: Becton Dickinson and Co. - Overview
    • Exhibit 114: Becton Dickinson and Co. - Business segments
    • Exhibit 115: Becton Dickinson and Co. - Key news
    • Exhibit 116: Becton Dickinson and Co. - Key offerings
    • Exhibit 117: Becton Dickinson and Co. - Segment focus
  • 12.5 Bio Rad Laboratories Inc. 
    • Exhibit 118: Bio Rad Laboratories Inc. - Overview
    • Exhibit 119: Bio Rad Laboratories Inc. - Business segments
    • Exhibit 120: Bio Rad Laboratories Inc. - Key news
    • Exhibit 121: Bio Rad Laboratories Inc. - Key offerings
    • Exhibit 122: Bio Rad Laboratories Inc. - Segment focus
  • 12.6 bioMerieux SA 
    • Exhibit 123: bioMerieux SA - Overview
    • Exhibit 124: bioMerieux SA - Product / Service
    • Exhibit 125: bioMerieux SA - Key offerings
  • 12.7 Danaher Corp. 
    • Exhibit 126: Danaher Corp. - Overview
    • Exhibit 127: Danaher Corp. - Business segments
    • Exhibit 128: Danaher Corp. - Key news
    • Exhibit 129: Danaher Corp. - Key offerings
    • Exhibit 130: Danaher Corp. - Segment focus
  • 12.8 DiaSorin SpA 
    • Exhibit 131: DiaSorin SpA - Overview
    • Exhibit 132: DiaSorin SpA - Business segments
    • Exhibit 133: DiaSorin SpA - Key news
    • Exhibit 134: DiaSorin SpA - Key offerings
    • Exhibit 135: DiaSorin SpA - Segment focus
  • 12.9 F. Hoffmann La Roche Ltd. 
    • Exhibit 136: F. Hoffmann La Roche Ltd. - Overview
    • Exhibit 137: F. Hoffmann La Roche Ltd. - Business segments
    • Exhibit 138: F. Hoffmann La Roche Ltd. - Key news
    • Exhibit 139: F. Hoffmann La Roche Ltd. - Key offerings
    • Exhibit 140: F. Hoffmann La Roche Ltd. - Segment focus
  • 12.10 Meridian Bioscience Inc. 
    • Exhibit 141: Meridian Bioscience Inc. - Overview
    • Exhibit 142: Meridian Bioscience Inc. - Business segments
    • Exhibit 143: Meridian Bioscience Inc. - Key offerings
    • Exhibit 144: Meridian Bioscience Inc. - Segment focus
  • 12.11 OraSure Technologies Inc. 
    • Exhibit 145: OraSure Technologies Inc. - Overview
    • Exhibit 146: OraSure Technologies Inc. - Business segments
    • Exhibit 147: OraSure Technologies Inc. - Key offerings
    • Exhibit 148: OraSure Technologies Inc. - Segment focus
  • 12.12 PerkinElmer Inc. 
    • Exhibit 149: PerkinElmer Inc. - Overview
    • Exhibit 150: PerkinElmer Inc. - Business segments
    • Exhibit 151: PerkinElmer Inc. - Key news
    • Exhibit 152: PerkinElmer Inc. - Key offerings
    • Exhibit 153: PerkinElmer Inc. - Segment focus
  • 12.13 QIAGEN NV 
    • Exhibit 154: QIAGEN NV - Overview
    • Exhibit 155: QIAGEN NV - Product / Service
    • Exhibit 156: QIAGEN NV - Key news
    • Exhibit 157: QIAGEN NV - Key offerings
  • 12.14 Quidel Corp. 
    • Exhibit 158: Quidel Corp. - Overview
    • Exhibit 159: Quidel Corp. - Product / Service
    • Exhibit 160: Quidel Corp. - Key offerings
  • 12.15 Siemens AG 
    • Exhibit 161: Siemens AG - Overview
    • Exhibit 162: Siemens AG - Business segments
    • Exhibit 163: Siemens AG - Key news
    • Exhibit 164: Siemens AG - Key offerings
    • Exhibit 165: Siemens AG - Segment focus
  • 12.16 Thermo Fisher Scientific Inc. 
    • Exhibit 166: Thermo Fisher Scientific Inc. - Overview
    • Exhibit 167: Thermo Fisher Scientific Inc. - Business segments
    • Exhibit 168: Thermo Fisher Scientific Inc. - Key news
    • Exhibit 169: Thermo Fisher Scientific Inc. - Key offerings
    • Exhibit 170: Thermo Fisher Scientific Inc. - Segment focus
  • 12.17 Trinity Biotech Plc 
    • Exhibit 171: Trinity Biotech Plc - Overview
    • Exhibit 172: Trinity Biotech Plc - Product / Service
    • Exhibit 173: Trinity Biotech Plc - Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 174: Inclusions checklist
    • Exhibit 175: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 176: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 177: Research methodology
    • Exhibit 178: Validation techniques employed for market sizing
    • Exhibit 179: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 180: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Trinity Biotech Plc

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About TRIB

since its formation in 1992, trinity biotech has actively pursued the aim of becoming a leading player in the international diagnostics industry. through a combination of sustained, organic growth and an acquisition-led strategy, the company has assembled an impressive product portfolio and achieved the highest standards of excellence in developing, manufacturing and marketing diagnostic products. the test kits manufactured by trinity biotech are used in the clinical laboratory and point-of-care segments of the diagnostic market to detect infectious diseases, sexually transmitted diseases, autoimmune and haemoglobin disorders, and detect, monitor and control diabetes. the company is also a significant provider of raw materials to the life sciences industry. trinity biotech, which has its headquarters in ireland, employs in excess of 350 people and markets its portfolio of over 400 products to customers in 80 countries around the world. it reaches this worldwide market by combining the