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Arbovirus Testing Market Revenue to Cross US$ 1.5 Bn at a CAGR of 5.6% between 2017-2025

08-06-2022 07:34 AM CET | Health & Medicine

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Arbovirus Testing Market 2022

Arbovirus Testing Market 2022

Arbovirus Testing Market 2022

The Arbovirus Testing Market is bound to witness a CAGR of 5.6% and US$ 1500 Mn between 2025. After carrying out thorough research on arbovirus testing, Persistence Market Research has come up with interesting insights on the global market and has a published a new research report titled "Arbovirus Testing Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)".

Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/17032

The analytical research study covers various trends, restraints, developments and challenges in the arbovirus testing market. The research study covers weighted analysis on every segment of the arbovirus testing market thus delivering a realistic market scenario that can be used to assess future moves from a strategic standpoint. The future market projections have been carried out for a period of eight years from 2017 till 2025.

Company Profiles:
Thermo Fisher Scientific, Inc.
Diamedix Corporation
NovaTec Immundiagnostica GmbH
Euroimmun AG
Focus Diagnostics (Member of DiaSorin Group)
Standard Diagnostics, Inc.
IBL International (A Member of the Tecan Group)
To feed
Others.

Request for Methodology@ https://www.persistencemarketresearch.com/methodology/17032

Global Arbovirus Testing Market: Forecast Highlights

According to Persistence Market Research estimates, the global arbovirus testing market is anticipated to reach a significant value by 2025 end. In 2017, the valuation of the global arbovirus testing market stood at about US$ 970 Mn and is expected to reach a value of more than US$ 1.5 Bn by the end of the year of assessment. The global arbovirus testing market is projected to expand at a value CAGR of 5.6% throughout the period of forecast, 2017-2025.

Global Arbovirus Testing Market: Segmentation Analysis

The global market for arbovirus testing is segmented on the basis of test type, end-user, and region.

By test type, ELISA-based tests segment is the largest with respect to market share. According to Persistence Market Research, this segment is expected to reach a value of just under US$ 895 Mn by the end of the year of assessment. The RT-PCR based tests segment is projected to grow at the highest rate to register a CAGR of 6.0% throughout the forecast period.

By region, Asia Pacific (APAC) is highly lucrative for the growth of the arbovirus testing market. The arbovirus testing market in Asia Pacific is expected to show a higher market estimation of US$ 421.8 Mn by 2025 end. On the other hand, the arbovirus testing market in the Middle East and Africa region is the second largest and is poised to register the highest CAGR of 6.5% during the period of forecast.

By end user, the public health laboratory segment is expected to dominate the global market with a high market valuation. This segment is also poised to reflect a high CAGR of 6.2% throughout the forecast period and witness high growth potential in the coming years.

Global Arbovirus Testing Market: Dynamics Impacting Growth

There are several factors impacting the growth of the global market for arbovirus testing. Aspects such as increasing prevalence of arbovirus, rapid serology tests, integrated government initiatives, development of microarray technology, high risk quotient with regions having huge population calling for arbovirus testing and increasing incidence rate are pushing the growth of the global arbovirus testing market.

However, factors such as difficulties in differential diagnosis, under-diagnosis of arbovirus, syndromic approach to arbovirus diagnosis, lack of awareness and limited availability of diagnostic testing procedures in various regions are posing hindrances to the growth of the global arbovirus testing market.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/17032

Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?

Related Reports-

Global Biological Drugs Market - https://www.persistencemarketresearch.com/market-research/global-biological-drugs-market.asp

Bioinformatics Market - https://www.persistencemarketresearch.com/market-research/bioinformatics-market.asp

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About Us: 

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

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