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The Asia-Pacific acute care syndromic testing market was valued at $0.78 billion in 2023 and is expected to reach $2.20 billion by 2033, growing at a CAGR of 10.97% between 2023 and 2033. The growth of the market can be attributed to the rising need for early detection of infectious diseases, driven by the growing incidence of such diseases, the occurrence of pandemics, and the identification of new infectious diseases in various regions, exacerbated by global warming. This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
Market Introduction
The Asia-Pacific (APAC) acute care syndromic testing market is experiencing robust growth and increasing prominence in the region's healthcare landscape. Syndromic testing plays a pivotal role in rapidly diagnosing and managing acute illnesses, offering a timely response to outbreaks and emergencies. This market's expansion is driven by factors such as the rising incidence of infectious diseases, growing awareness of the importance of early diagnosis, and advancements in diagnostic technologies.In recent years, APAC has witnessed significant investments in healthcare infrastructure and the adoption of innovative diagnostic solutions. These investments have bolstered the acute care syndromic testing market, enabling quicker and more accurate diagnoses in emergency and critical care settings. Furthermore, the ongoing COVID-19 pandemic has underscored the critical role of syndromic testing in public health response, further fueling the demand for such testing solutions across the APAC region.
Market Segmentation:
Segmentation 1: by End User
- Hospitals
- Clinical and Diagnostic Laboratories
- Research and Academic Institutions
- Other End Users
Segmentation 2: by Country
- Japan
- India
- China
- South Korea
- Australia
- Rest-of-Asia-Pacific
How can this report add value to an organization?
Growth/Marketing Strategy: Synergistic activities, product launches, and approvals accounted for the maximum number of key developments.Competitive Strategy: The APAC acute care syndromic testing market has numerous startups paving their way into manufacturing kits, panels, assays, and instruments and entering the market. Key players in the APAC acute care syndromic testing market analyzed and profiled in the study involve established players that offer various kinds of disease-specific panels and multiplex instruments.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.Some prominent names established in this market are:
- Seegene Inc.
- SpeeDx
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Table of Contents
Executive Summary
1 Markets
2 Market Overview
3 Industry Insight
4 Market Dynamics
5 Acute Care Syndromic Testing Market (By Region), 2022-2033
6 Company Profiles
List of Figures
List of Tables
Companies Mentioned
- Seegene Inc.
- SpeeDx
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | February 2024 |
Forecast Period | 2023 - 2033 |
Estimated Market Value ( USD | $ 0.78 Billion |
Forecasted Market Value ( USD | $ 2.2 Billion |
Compound Annual Growth Rate | 10.9% |
Regions Covered | Asia Pacific |
No. of Companies Mentioned | 2 |