What are the Major Growth Factors in Clinical Diagnostics Market Landscape?

 


What is Clinical Diagnostics?


The identification and confirmation of a disease, condition, or exposure to xenobiotics to explain the clinical symptoms exhibited by the patient is known as a clinical diagnosis (Dx). Additionally, it is done to evaluate an individual's health (as part of a routine health checkup), the functioning of any organ or related metabolic process (such as the degree of damage an organ has sustained from disease or injury and the improvement in organ function as a result of treatment), and to differentiate one disease from another, particularly when comorbid conditions or similar manifestations are linked to multiple diseases. In the case of a posthumous diagnosis, it may also be done to determine the cause of death.


The numerous techniques and tools used to track one's health and identify a medical ailment are referred to as clinical diagnostics. Popular and often used clinical diagnostic procedures include imaging, tests for infectious disorders, and tests for general and organ function. The rising incidence of lifestyle-based health issues, the rising elderly population, the rising incidence of infertility, and the rising awareness of health, particularly in the wake of the COVID-19 epidemic, are the main factors propelling the expansion of the clinical diagnostics market. Abbott, Becton, Dickinson and Company, Hologic Inc., bioMérieux SA, and others are some of the major companies active in the clinical diagnostics sector.

Types of Clinical Samples in Clinical Diagnostics 

  • Solid samples: Stool, Tissue biopsies, Hair, Nail

  • Liquid samples: Blood (whole blood, serum, plasma), Urine, Bone marrow, Placental or umbilical cord blood, Cerebrospinal fluid (CSF), Saliva, Synovial fluid, Sputum, Amniotic fluid, Semen, Peritoneal fluid, Pleural fluid

  • Others: Nasopharyngeal swab, Wound swab, Breath

Types of Clinical Diagnostic Tests

The complete blood count, metabolic panel, lipid panel, cancer testing panel, liver testing panel, infectious disease testing, and other tests make up the test section of the clinical diagnostics market.

The cancer testing panel dominated the test sector of the clinical diagnostics market in 2021 with a sizable market share.

  • Imaging tests 

  • Biopsy

  • Pregnancy tests

  • Lumbar puncture

  • PAP test 

  • Prostate-specific antigen (PSA) test

  • Digital rectal examination

Clinical Diagnostics and Artificial Intelligence (AI)

Artificial intelligence (AI) has become a crucial tool in the healthcare sector, particularly clinical diagnostics, and has a propensity to significantly expand medical knowledge. Healthcare practitioners are helped by AI-based clinical diagnostic tools and technologies by getting quick, accurate, precise, and error-free diagnoses of diseases and assisting them in making informed decisions about the disease's management and treatment. Based on data provided to it as a training set, al-based diagnostic software produces decisions for detecting and classifying diseases. At the moment, AI-based methods like machine learning and deep learning are used to identify diseases like cancer, cardiovascular disease, Alzheimer's, skin, liver, lung, and eye, among others. For instance, QUANTIB® Prostate, an AI-based program, analyzes MRI prostate scans and finds anomalies to accurately identify prostate cancer.

Factors Driving the Clinical Diagnostics Market

The market for clinical diagnostics is growing as a result of various factors. A few of the crucial elements are:

  • Increasing prevalence of infectious diseases 

  • The rising burden of cardiovascular diseases

  • Growing incidence of cancers

  • Increasing cases of sexually transmitted diseases (STDs) and infertility 

  • Increasing geriatric population and rising awareness of health 

Conclusion

Clinical diagnostics refers to a variety of procedures and methods for determining, locating, and tracking illness, damage, or condition. The clinical diagnostics market is anticipated to experience significant growth, according to DelveInsight data. Infectious disorders including COVID-19, tuberculosis, and others are becoming more common, which is one of the reasons influencing the clinical diagnostics industry. Demand for diverse clinical diagnostic procedures is projected to rise as cases of lifestyle-based disorders such cancer, diabetes, cardiovascular, and kidney diseases continue to rise.

Due to the huge global prevalence of numerous diseases and the growing demand for technologically advanced clinical diagnostic tools and techniques that can quickly, accurately, and precisely detect the presence of any disease, the demand for clinical diagnostics will continue to rise in the upcoming years.

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