Neglected Tropical Diseases Diagnosis Market Estimates, Share,
Vendors, Growth Rate Forecast 2014-2025
“Neglected Tropical Diseases Diagnosis market is expected to reach $7.6
Billion by 2025. The market is driven by factors such as huge attention paid to
by healthcare organizations; which, in turn, acts as a booster for funding R&D
and treatment.”
The global Neglected Tropical Diseases Diagnosis Market is expected to reach $7.6 Billion by 2025. The market
is driven by factors such as huge attention paid to by healthcare organizations; which, in turn, acts as a booster
for funding R&D and treatment. Healthcare facilities, immediate medical attention, and highly skilled medical
professionals are expected to contribute to the global market growth. The Neglected Tropical Diseases Diagnosis
market is expected to grow at a CAGR of 4.1% in the forthcoming period. The market witnesses several
opportunities in form of rise in number of NGOs, increasing R&D activities, and availability of large patient pool.
However, restraints such as low medical attention, non-availability of medicines and resources, and dearth of
medical professionals in extreme regions are likely to create hindrance in the Neglected Tropical Diseases
Diagnosis market upto 2025.
Worms, bacteria, viruses cause neglected Tropical Diseases (NTDs) and parasites and are known to affect one-
third of world population ultimately leading to poor health, poverty, and permanent disability. One of the
significant ways followed by manufacturers dealing with such diseases is to define essential features of the
disease to create a subsequent antidote. Some of the common examples of NTDs are malaria, dengue,
chijungunya, yaws, and African Trypanosomiasis. The market is quad furcated into disease, diagnostic method,
service type, and geography. Geographical segmentation of Neglected Tropical Diseases Diagnosis market spans
North America, South America, Europe, Asia-Pacific, Middle East and Africa. South American market is expected
to grow at a rapid pace in the forthcoming period due to reasons such as favorable opportunities and increasing
awareness among the population.
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