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Rabies Diagnostics Market Report 2023-2032: SWOT Analysis, Growth Rate, Industry Share And Major Players | Molex LLC, TE Connectivity, Amphenol Corporation, LPKF Laser & Electronics AG, 2E mechatronic GmbH & Co. KG
Rabies Diagnostics Market
The Business Research Company's Rabies Diagnostics Global Market Report 2023 identifies increasing prevalence of rabies as the major driver for the Rabies Diagnostics Market's growth in the forecast period. Rabies is a preventable viral illness that is most commonly spread via a rabid animal's bite. The rabies virus attacks mammals' central nervous systems, eventually causing brain damage and leading to death. Rabies diagnosis is used to detect the rabies virus in humans and animals using a variety of diagnostic tests and techniques. Additionally, the rising cases of infectious animal-transmitted diseases have favored the demand for rabies diagnostics.
The global rabies diagnostics market size is expected to grow from $1.51 billion in 2022 to $1.60 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rabies diagnostics market size is expected to grow to $2.01 billion in 2027 at a CAGR of 5.8%.
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Major competitors in the rabies diagnostics market are Bio-Rad Laboratories Inc., Merck KGaA, Aviva Systems Biology Corporation, Creative Diagnostics, Demeditec Diagnostics GmbH, Abbexa Ltd., Norgen Biotek Corp., BioNote Inc., Express Biotech International Inc., MyBioSource inc., QIAGEN N.V., F. Hoffmann-La Roche Ltd., Agilent Technologies Inc., Thermo Fisher Scientific Inc. and Fluidigm Corp.
A key trend in the Rabies Diagnostics Market includes Product innovation. Innovation and development of efficient testing techniques in the field of analytical chemistry designed to provide accurate and cost-effective analytical solutions are being adopted by pharmaceutical manufacturers all around the globe. These testing products are efficiently integrated into the regular sample testing process. For instance, in May 2022, Bio-Rad Laboratories Inc., a US-based developer, and manufacturer of specialized technology products launched the CFX Duet Real-Time PCR system, a clinical diagnostic device designed to aid researchers in the development of singleplex and duplex quantitative PCR (qPCR) tests. The unique features of the product provide improved thermal performance, as well as a patented, precise optical shuttle system and thermal gradient functionality for optimization.
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The Rabies Diagnostics Market is segmented -
By Diagnostic Method: Fluorescent Antibody Test, Immunohistochemical Test, Amplification Methods, Histologic Examination, Serology Tests
By Technology: ELISA/Immunohistochemistry, Chromatography Techniques, PCR, Other Technologies
By End-User: Hospital, Diagnostic Centres, Cancer Palliative Care Clinics, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Rabies Diagnostics Market.
The Business Research Company's "Global Rabies Diagnostics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Rabies Diagnostics Market Include:
1. Executive Summary
2. Rabies Diagnostics Market Characteristics
3. Rabies Diagnostics Market Trends And Strategies
4. Rabies Diagnostics Market - Macro Economic Scenario
5. Rabies Diagnostics Market Size And Growth
……
26. Africa Rabies Diagnostics Market
27. Rabies Diagnostics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rabies Diagnostics Market
29. Rabies Diagnostics Market Future Outlook and Potential Analysis
30. Appendix
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