Recent studies have concluded that demand for fungal testing kits are anticipated to surge due to rising cases of COVID-19 associated pulmonary aspergillosis (CAPA). However, online marketing helped restore the growth trajectory. Short-term supply crunches were experienced in the initial months, attributed to logistical curbs. Future Market Insights projects the fungal testing kits market to register minor shortfalls in the short-term, pegging the slowdown to a rate of 1.1%. In spite of this, the healthcare industry remains stoic, committed to eradicate the pandemic as soon as possible. With a massive uncertainty looming large over people’s heads, a major economic downturn is on the cards. The novel coronavirus pandemic has led the entire world into doldrums. Medical diagnosis to remain core application area, generating an attractiveness index of 2.8
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Skin samples are anticipated to capture the lion’s share, accounting for over 40% of the market Molecular detection tests to tower over others, reaching US$ 1.6 Bn by 2030 Widening expenditure on healthcare infrastructure to uplift demand across Asia-Pacific Fungal Testing Kits Market- Key Takeaways
In light of these developments, ESOMAR-certified consulting firm Future Market Insights opines that the global fungal testing kits market will reach US$ 3.4 Bn by 2030, registering an incremental opportunity worth US$ 2.1 Bn throughout the forecast period. Molecular diagnostic based tests have immensely assisted in administering timely treatment to severely infected patients, thereby reducing fatalities. Techniques such as real-time testing have led to massive proliferation of the fungal testing kits market growth, with technologies such as loop mediated isothermal amplification coming to the forefront. Increasing prevalence of fungal infections of the skin, vagina and blood have prompted vendors to concentrate on developing swift and advanced molecular diagnostics in recent years.
Growing prevalence of superficial and systemic fungal infections have posed a significant challenge to healthcare providers across the world. Fungal Testing Kits Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2030
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