Staff reporter
,
South Korea
Photo by Nwato
The country accounts for 8% of the Mycobacterium tuberculosis testing industry in the Asia-Pacific region this year.
Rising incidence of tuberculosis (TB) and advances in molecular diagnostics are driving the Korean mycobacterial diagnostic testing market and is expected to expand at a CAGR of 3% through 2034.
A report from GlobalData shows that South Korea accounts for approximately 8% of the Mycobacterium tuberculosis testing market in the Asia-Pacific region this year.
“Advances in molecular diagnostics that enable faster and more accurate detection of drug-resistant TB strains are critical to curbing the spread of XDR-TB and improving patient outcomes,” said Jyoti Sharma, Medical Devices Analyst at GlobalData.
In a recent development, South Korea’s SD Biosensor, Inc. collaborates with the Japan Tuberculosis Research Institute, a subsidiary of the Japan Anti-Tuberculosis Association, and the Korea International Tuberculosis Research Center.
Through the tripartite MoU, the partners will focus on developing advanced molecular diagnostic solutions for extensively drug-resistant tuberculosis.
“Such innovations and collaborations are critical to meeting the challenges posed by drug-resistant tuberculosis,” Sharma added.
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