The latent TB detection market size was estimated to be US$ 1.23 billion in 2021 and US$ XX billion in 2023 and is expected to reach US$ 2.00 billion by 2031; it is estimated to record a CAGR of 5.8% in 2023–2031. Government initiatives to promote tuberculosis detection and advancements in tuberculosis diagnosis are driving factors. Outsourcing locations for tuberculosis diagnosis will likely remain key latent TB detection market trends.
Latent TB Detection Market Analysis
In low-middle-income nations, where TB prevalence is high, have inadequate healthcare services, limited drug supply, underdiagnosed cases, and a lack of registered cases by the community due to lacking information, all of which contribute to an increase in TB cases. Globally, an estimated 10 million people develop TB, and over a million deaths occur annually. India accounts for more than 25% of the global TB burden, with an estimated TB incidence of 2.77 million in 2022. Furthermore, as per the field study in Indonesia, the population residing in rural areas had restricted information about TB causes and transmission, leading to stigma in the community towards TB patients. Therefore, the Indonesian Ministry of Health has declared that Indonesia must be free of TB by 2035. Furthermore, in 2021, Southeast Asia reported almost half of TB cases globally, reporting 4.82 million or 45.4%.
Latent TB Detection Market Overview
Asia Pacific is the fastest-growing market for Latent TB Detection. The growth is mainly urged by the increasing prevalence of TB, increasing government initiatives to eliminate TB infection and adoption of advanced diagnostic products. New latent TB test kits, IGRA, provide more accurate results than tuberculin skin tests. The country has launched the Chinese Infectious and Endemic Disease Control (IEDC) TB Project to control the TB infection. The IEDC project achieved huge success. As a result, between 1990 and 2000, the number of people with TB declined by 36.1%. However, despite the achievements of the IEDC project, there were still problems with the TB control program in China.
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Latent TB Detection Market: Strategic Insights
Market Size Value in US$ 1,131.82 Million in 2019 Market Size Value by US$ 1,684.86 Million by 2027 Growth rate CAGR of 5.2% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Latent TB Detection Market: Strategic Insights
| Market Size Value in | US$ 1,131.82 Million in 2019 |
| Market Size Value by | US$ 1,684.86 Million by 2027 |
| Growth rate | CAGR of 5.2% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Latent TB Detection Market Drivers and Opportunities
Government Initiatives to Promote Tuberculosis Detection
Evidence from various sources such as the World Health Organization (WHO) and the United Nations (UN) exhibits that countries such as India and Indonesia in the Asia Pacific are highly crowded by TB patients. Thus, these countries' government bodies are adopting certain schemes and initiatives to contain the disease. For instance, the Indian National Strategic Plan (NSP), which aims at eliminating TB, was established from 2017 to 2025; it institutes several patient support groups, protection measures, free TB diagnostic tests, and treatment for Indians. Furthermore, In May 2019, the Centers for Disease Control and Prevention (CDC) and the National Tuberculosis Controllers Association (NTCA) released updated recommendations on the frequency of TB screening, testing, and treatment for healthcare personnel.
Advancements in Tuberculosis Diagnosis – An Opportunity
Manufacturers and researchers consistently work toward finding new and viable solutions based on potent technologies to diagnose TB accurately. For instance, in July 2020, together, Cepheid, Inc. and The Foundation for Innovative New Diagnostics (FIND) established a new drug-resistant tuberculosis profiling test that provides results in 90 min. Moreover, the accessibility of blood-based diagnostics in interferon γ release assays (IGRAs) has relieved clinicians delivering dependable test results for detecting latent TB infection with high specificity and sensitivity. Newer latent TB test kits, Interferon-Gamma Release Assays (IGRAs), deliver more accurate results than the century-old tuberculin skin test.
The adoption of latent TB detection diagnosis has increased significantly across various North American, European, and Asian countries.
Latent TB Detection Market Report Segmentation Analysis
Key segments that contributed to the derivation of the Latent TB Detection market analysis are product type, portability, treatment type, application, and end user.
- Based on the test, the latent TB detection market is segmented into tuberculin skin test (TST) and interferon-related gamma assay (IGRA). The interferon-related gamma assay (IGRA) segment held the largest share of the market in 2023. Also, the similar segment is estimated to register the highest CAGR in the market during the forecast period.
- Based on end users, the latent TB detection market is segmented into hospitals, diagnostic centers, laboratories, and others. The hospitals segment held the largest share of the market in 2023. Moreover, the same segment is estimated to register the highest CAGR in the market during the forecast period.
Latent TB Detection Market Share Analysis by Geography
The geographic scope of the Latent TB Detection market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
Asia Pacific is predicted to grow with the highest CAGR in the coming years in the Latent TB Detection market. The growth in Asia Pacific is characterized by rising TB cases and increasing government initiatives. As per the World Health Organization's estimation, one-fourth of the global population is ill with Mycobacterium tuberculosis, and 5-10 percent of those who are infected will develop active tuberculosis. Out of which, India has 27% of global tuberculosis patients. Therefore, initiatives are taking place. For instance, the National Tuberculosis Elimination Programme included the Cy-TB test on the Ni-kshay platform. This marks a leap forward in the country’s tuberculosis control.
Latent TB Detection Market Report Scope
Latent TB Detection Market News and Recent Developments
The latent TB detection market is evaluated by gathering qualitative and quantitative data from primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for latent TB detection:
- Serum Institute of India (SII) and Mylab Discovery Solutions launched a point-of-care skin test for detecting latent tuberculosis infections (LTBI) at a cost the companies claimed to be 50-70 percent lower than comparable tests available. Through several interventions, this partnership works on tuberculosis diagnosis, treatment, and prevention. (Source: Serum Institute of India (SII)/Press Release, October 2023)
- Mylab launches kit for detecting TB, multidrug resistance variant in a single test. The kit has been named PathoDetect MTB RIF and INH drug resistance kit. This RT-PCR-based kit for accurate detection will be used with Mylab Compact device systems, which will allow automated testing of multiple samples within two hours. (Source: Reveal Lasers, Press Release, October 2023)
Latent TB Detection Market Report Coverage and Deliverables
The “Latent TB Detection Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Test and Interferon Gamma Released Assay ); End User and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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