Viral Diagnostic Test Kits Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Becton Dickinson and C

As per the report, the viral diagnostic test kits market size has grown strongly in recent years. It will grow from $15.07 billion in 2023 to $16.26 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The viral diagnostic test kits market size is expected to see strong growth in the next few years. It will grow to $22.23 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=16821&type=smp

Rising Prevalence Of Viral Infections Propels Growth Of Viral Diagnostic Test Kits Market
The rising prevalence of viral infections is expected to propel the growth of the viral diagnostic test kits market going forward. Viral infections are caused by microscopic viruses that invade host cells, replicate within them, and can lead to a broad spectrum of symptoms ranging from mild to severe across different body parts. The incidence of viral infections is increasing due to global travel, urbanization, climate change influencing vector-borne diseases, and evolving viral strains that can cause new outbreaks or expand into new geographical regions. Viral diagnostic test kits are instrumental in identifying and confirming the presence of specific viral infections in patients by detecting viral nucleic acids (RNA or DNA), antigens, or antibodies in biological samples such as blood, saliva, or nasal swabs. For instance, according to the Centers for Disease Control and Prevention (CDC), a US-based national public health agency, in 2022, there were 2,126 new cases of acute hepatitis B reported, alongside 16,729 newly reported cases of chronic hepatitis B. Further, in the period, 14 jurisdictions in the US reported rates of acute hepatitis B higher than the national average in the United States. Therefore, the rising prevalence of viral infections is driving the growth of the viral diagnostic test kits market.

Innovative Rapid Diagnostics Drive Market Leadership In Viral Diagnostic Test Kits
Major companies operating in the viral diagnostic test kits market are developing innovative products, such as rapid diagnostics tools, to sustain their position in the market. Rapid diagnostics tools refer to diagnostic tools and tests designed to quickly and accurately detect various medical conditions, including infectious diseases, metabolic disorders, and other health conditions. For instance, in July 2021, Abbott Laboratories, a US-based medical device company, launched the Panbio COVID-19 Antigen Self-Test Kit to detect the SARS-CoV-2 virus in adults and children in India. This self-test kit offers a quick and convenient way to detect COVID-19, delivering reliable results in just 15 minutes. The test is easy to use, requiring only a nasal swab, and includes clear instructions to ensure accurate self-administration. It aims to support public health efforts in controlling the spread of COVID-19, empowering individuals with a tool for timely diagnosis and immediate action.

The viral diagnostic test kits market covered in this report is segmented -

1) By Test: Traditional Tests, Rapid Test
2) By Test Type: Direct Fluorescent Antibody (DFA) Test, Immunochromatographic Assay, Reverse Transcriptase Polymerase Chain Reaction (RT-PCR) Based Test, Agglutination Assay, Solid Phase Assay, Flow Through Assay, Other Test Types
3) By End-User: Research Laboratories, Clinics, Hospitals, Other End Users

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=16821&type=discount

Major companies operating in the viral diagnostic test kits market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Becton Dickinson and Company, Quest Diagnostics Incorporated, Grifols S.A., Hologic Inc., PerkinElmer Inc., bioMérieux SA, Quidel Corporation, Sysmex Corporation, Bio-Rad Laboratories Inc., QIAGEN N.V., Ortho Clinical Diagnostics, Myriad Genetics Inc., Seegene Inc., OraSure Technologies Inc., Meridian Bioscience Inc., DiaSorin S.p.A. , Trinity Biotech plc, Biodesix Inc.

Contents of the report:
1. Executive Summary
2. Viral Diagnostic Test Kits Market Report Structure
3. Viral Diagnostic Test Kits Market Trends And Strategies
4. Viral Diagnostic Test Kits Market - Macro Economic Scenario
5. Viral Diagnostic Test Kits Market Size And Growth
…..
27. Viral Diagnostic Test Kits Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/viral-diagnostic-test-kits-global-market-report

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.