The growing demand of treatment options for chronic illness makes the pediatric healthcare market lucrative to invest. The global market for pediatric interventional cardiology in 2016 is largely dominated by the Americas, especially in the U.S.
The unfavorable healthcare reforms in the U.S and lack of awareness with respect to the use of defibrillator devices of both implantable and external devices along with the lack of awareness about the cardiac disorders will act as a constraint in the growth of the market.
Due to the increase in population and growth in economies in developing countries such as India and China, the Asian countries are expected to dominate Allergy Diagnostics market.
Blood Culture tests market is witnessing a rapid growth over years and presents huge opportunities in the success of pharmaceutical industries. Scientists continue to strive for development of genomic and proteomic approaches for identifying bacteremia, which will lead to rapid identification and characterization of microbes in blood samples.
Patient self-testing dominated the POC diabetic testing devices market in 2014 and also is projected to grow with the highest CAGR through 2020.
Global molecular diagnostic market size hovered around $16.54 billion to $17.44billion as of 2018, and the demand will be progressing at a CAGR of 4.5%-4.8% during the forecast period 2019-2025.
The global synthetic biology market size was between $12.80 billion to $13.86 billion in 2018, and the market demand is projected to grow at a phenomenal CAGR of 36% to 38% during the forecast period of 2019 to 2025.
E.coli is also used to test the effectiveness of effluent disinfection in a wastewater treatment plant and check the fecal contamination in humans.