"The Centers for Disease Control and Prevention (CDC) has developed a national Lyme disease risk map in which CDC identified areas of the United States as minimal or no risk, low risk, moderate risk, or high risk for predicted Lyme disease. "
The article cited AMA's "Global Lyme Disease Diagnostics Market Study" explored substantial growth of %. According to the report, Emphasizing on the Technological Advancement in the Lyme disease Diagnostic Tests is one of the primary growth factors for the market. Increasing Prevalence of Lyme Disease
is also expected to contribute significantly to the Lyme Disease Diagnostics market. Overall, applications of Lyme Disease Diagnostics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Diagnostic Technology, such as Serological Test [ELISA, Western Blot], is boosting the Lyme Disease Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Hospitals, is boosting the Lyme Disease Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Lyme Disease Diagnostics market identified that the demand is rising in many different parts of the world as "Increasing Demand from Developing Economies
". Furthermore, some recent industry insights like "In November 2019 , IGeneX, a leading tick-borne disease testing lab based in California, has launch the availability of the new Broad Coverage Ab (BCA) Assays for Lyme disease and Tick-Borne Relapsing Fever (TBRF)." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Lyme Disease Diagnostics market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Lyme Disease Diagnostics market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Lyme Disease Diagnostics market size is calculated using market estimation process, the Lyme Disease Diagnostics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Lyme Disease Diagnostics market size has been validated using both top-down and bottom-up approaches.