Reuters Overall Health News Summary

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Europe is projected to account for the largest share of the worldwide serological testing marketplace owing to higher prevalence of infectious ailments, well-established health care infrastructure, rise in number of geriatric population, and improve in awareness about different infectious and acute diseases in the region. The serological testing market place in Asia Pacific is anticipated to expand at the highest CAGR throughout the forecast period owing to massive population with infectious diseases in nations such as India and China, boost in awareness, and surge in per capita wellness care expenditure in the area. Important players operating in the international serological testing industry include Serological Study Institute (SERI), Chembio Diagnostic Systems, Inc., Advanced Diagnostics, Inc., Randox Laboratories Ltd., Eurofins Scientific, Becton, Dickinson and Firm, Quest Diagnostics, ELITechGroup, Immucor, Thermo Fisher Scientific, Inc., Beckman Coulter, Inc. (subsidiary of Danaher Corporation), Inventive Diagnostics, and Grifols. The global serological testing marketplace is hugely fragmented, with big quantity of suppliers holding prominent share in respective regions. North America is anticipated to account for the second biggest share of the global serological testing industry by 2026. Increase in the geriatric population, high prevalence and rise in incidence prices of HIV/AIDS, hepatitis, and other retroviral infections in the area contribute to the higher share of the region.

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