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Rising Cases of Rabies Infections Drive The Demand for Global Rabies Diagnostics Market Say's The Business Research Company || Bio-Rad Laboratories Inc., Merck KGaA, Aviva Systems Biology Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Rabies Diagnostics Market Size, Growth Rate, And Forecast
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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Rabies Diagnostics Market Drivers
The increasing prevalence of rabies is expected to propel the growth of the market for rabies diagnostics. 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.
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Rabies Diagnostics Market Segments
• 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.
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Rabies Diagnostics Market Key Players
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..
The Business Research Company's "Global Rabies Diagnostics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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
………………
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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