Rabies Diagnostics Global Market Report 2025: Projected $2.31 Billion Valuation Propelled by Globalization and Cost Efficiency

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Astounding future growth expected in the rabies diagnostics market due to increasing rabies incidence and advancements in animal testing.

What Is The Projected Market Size Of The Rabies Diagnostics Global Market Report 2025 And Its Growth Rate?
•The Rabies diagnostics market size was valued at $1.68 billion in 2024.
•Expected to reach $1.78 billion in 2025, growing at a CAGR of 5.6%. Growth can be attributed to globalization, one health approach adoption, and advancements in animal testing.
•Forecasts predict a strong growth surge to $2.31 billion in 2029 at a CAGR of 6.7% considering increasing rabies incidence, environmental impact, cost efficiency, and research and development.

What Is Driving The Growth In The Rabies Diagnostics Global Market Report 2025?
The proliferation of rabies worldwide is a key driver of the rabies diagnostics market. Rabies, a preventable viral disease primarily spread by a bite from a rabid animal, primarily affects the central nervous system of mammals, leading to severe brain damage and death. Rabies diagnostics utilize different diagnostic tests to detect the presence of the rabies virus in humans and animals. Additionally, the increase in infectious diseases transmitted by animals has stimulated the demand for rabies diagnostics. For example, a report published by the Government of Canada in January 2023 stated the submission of 135 rabies samples in October 2022 and 159 in November 2022. These figures assert the increasing prevalence of rabies, driving the rabies diagnostics market forward.

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Who Are the Key Players Driving Rabies Diagnostics Global Market Report 2025 Growth?
•Bio-Rad Laboratories Inc.
•The Merck Group
•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.
•Thermo Fisher Scientific Inc.
•F. Hoffmann-La Roche Ltd.
•Agilent Technologies Inc.
•Fluidigm Corp.

What Are The Key Trends In The Rabies Diagnostics Global Market Report 2025?
•Government initiatives and vaccination programs
•Advancements due to globalization and travel
•Adoption of the one health approach
•Public health concerns
•Remote and point-of-care diagnostics

What Are The Segments Of The Global Rabies Diagnostics Global Market Report 2025?
•Diagnostic Method: Fluorescent Antibody Test, Immunohistochemical Test, Amplification Methods, Histologic Examination, Serology Tests
•Technology: ELISA Or Immunohistochemistry, Chromatography Techniques, PCR, Other Technologies
•End-User: Hospital, Diagnostic Centers, Cancer Palliative Care Clinics, Other End-Users

Which Region Leads The Rabies Diagnostics Global Market Report 2025?
North America dominated the rabies diagnostics market in 2024. However, considering the market coverage, several other regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa are analyzed in the rabies diagnostics market report.

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What Is Covered In The Rabies Diagnostics Global Market Report 2025 Global Market Report?

- Market Size Analysis: Analyze the Rabies Diagnostics Global Market Report 2025 size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Rabies Diagnostics Global Market Report 2025 for effective categorization.

- Key Player Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Rabies Diagnostics Global Market Report 2025 growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Rabies Diagnostics Global Market Report 2025.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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