[FURL=https://www.industryarc.com/Report/17296/meningitis-diagnostic-testing-market.html?utm_source=BriefingWire.com&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Meningitis Diagnostic Testing Market[/FURL] size is estimated to reach $600 million by 2026, growing at a CAGR of 5% over 2021-2026. Meningitis is an inflammation (swelling) of the protective membranes, called meninges that covers the brain and spinal cord. Meningitis diagnostic tests include tests such as latex agglutination tests, imaging, or spinal tap and the cerebrospinal fluid test is also used to detect meningitis. Moreover, meningitis can be caused owing to an ear sinus infection, a skull fracture, or after some surgeries. Increasing prevalence of infectious disease and HIV (Human Immunodeficiency Virus) and rising technological advancements are the major factor driving the growth of this market. Furthermore, rising research and development activities to diagnose the various type of meningitis is set to further enhance the overall market demand for Meningitis Diagnostic Testing Market for the period 2021-2026Key Takeaways
Geographically, in 2020 North America dominated the Meningitis Diagnostic Testing Market owing to increasing adoption of advanced diagnostic devices, and easy availability of diagnostic test kits.
Increasing prevalence of infectious disease and HIV and rising technological advancements are likely to aid in the market growth of the Meningitis Diagnostic Testing Market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Meningitis Diagnostic Testing Market report.
Lack of skilled workers and lack of awareness regarding of diagnosis is set to create hurdles for the Meningitis Diagnostic Testing Market.
Request for Sample of the Report @ [FURL]https://www.industryarc.com/pdfdownload.php?id=17296[/FURL]
Meningitis Diagnostic Testing Market Drivers
Increasing Prevalence of Infectious Disease and HIV
The increasing prevalence of infectious disease and HIV is increasing the growth of the Meningitis Diagnostic Testing Market. According to World Health Organization (WHO), about 38 million people have HIV in 2020 which increases the number of meningitis. Thus, increasing the growth of the Meningitis Diagnostic Testing Market over 2021-2026
Technological Advancement
Rising technological advancement and rising healthcare sector is increasing the growth of the Meningitis Diagnostic Testing Market. Moreover, new advanced technologies such PCR and next-generation sequencing are providing a less expensive way for the diagnosis which increases the growth of Meningitis Diagnostic Market over 2021-2026.
Meningitis Diagnostic Testing Market top 10 companies of this market include B. Braun Melsungen AG, Sanofi, Pfizer Inc., Siemens Healthcare Private Limited, GlaxoSmithKline plc, Merck KGaA, Baxter, Abbott, Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Quest Diagnostics Inc., Luminex Corporation, F. Hoffman-La Roche Ltd., Cepheid, and Pfizer
About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.