Infectious Immunology Market: Overview
Rising incidence of infectious diseases that has led to the need for their immunological diagnostics and treatment is predicted to account for continued growth of infectious immunology market over the 2020 – 2030 forecast period. HIV, pneumonia, malaria, hepatitis, and tuberculosis are some infectious diseases that are responsible for large morbidity and mortality within populations. For example, rotavirus infection is estimated to cause 4, 00,000 deaths.
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Theoretically, immunology of infectious disease involves examining how the immune system responds to infectious agents, and how infectious agents act, modify, or evade the immune system.
Key parameters based on which the infectious immunology market is divided are type of disease, type of product, and region.
Infectious Immunology Market: Competitive Landscape
The infectious immunology market marks a largely consolidated vendor landscape with the presence of a few top-notch players. Continual clinical trials is the key focus of large players in the infectious immunology market to maintain their foothold. Business collaborations and strategic partnerships in another key growth strategy of savvy players in the infectious immunology market.
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Some key companies operating in the infectious immunology market are Abbott Laboratories, Thermo Fisher Scientifics, Dr. Reddy’s Laboratories, Roche Diagnostics, and Bio-Rad Laboratories.
Infectious Immunology Market: Key Trends
Alarming incidence of infectious diseases that account for large morbidity in underdeveloped countries is a primary factor fuelling the infectious immunology market. Economic impact of infectious diseases is drawing attention of governments to rev up clinical trials for study of infectious diseases. Research bodies and scientific institutions are further boosting efforts to investigate the interrelation between the immune system and infectious diseases for disease prognosis, which is indirectly influencing the infectious immunology market.
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Infectious Immunology Market: Regional Assessment
North America is at the forefront of the infectious immunology market. Vast efforts of research organizations for clinical trials of infectious immunology makes the region frontrunner in the infectious immunology market.
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