Press release
Comprehensive Hepatitis Diagnostic Tests Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Hepatitis Diagnostic Tests Market Trends
The hepatitis diagnostic tests market will grow from $4.64 billion in 2024 to $4.95 billion in 2025, at a CAGR of 6.5%. The growth is attributed to the globalization of healthcare, government initiatives, the high disease burden, increased blood safety measures, and public health campaigns.
The Hepatitis Diagnostic Tests market will grow to $6.24 billion by 2029 at a CAGR of 6.0%. This growth is driven by global health security concerns, urbanization, and tailored testing strategies. Key trends include advancements in molecular diagnostics and multiplex testing.
What Is Stimulating Growth in the Hepatitis Diagnostic Tests Market?
The increasing number of blood transfusions and donations is expected to fuel the growth of the hepatitis diagnostic test market. Blood transfusions and donations are vital medical procedures in which blood is collected, screened, and administered to patients. Hepatitis diagnostic tests are essential for ensuring the safety of blood by screening for any viral infections. For instance, in August 2023, the Royal College of Pathologists, a UK-based organization, reported that blood transfusion is the most frequently performed procedure for hospitalized patients, with nearly 2 million blood components issued and transfused in England annually. Therefore, the rising number of blood transfusions and donations is driving the growth of the hepatitis diagnostic test market.
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Which Key Market Leaders Are Driving Hepatitis Diagnostic Tests Industry Growth?
Major companies operating in the hepatitis diagnostic tests market report are Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Roche Diagnostics, Quest Diagnostics Incorporated, Grifols S.A, Hologic Inc., BioMérieux SA, Beckman Coulter Inc., Bio-Rad Laboratories Inc., SD Biosensor Co. Ltd., QIAGEN N.V., DiaSorin S.p.A., Randox Laboratories Ltd., Luminex Corporation, Fujirebio Diagnostics Inc., Trivitron Healthcare Private Limited, Trinity Biotech PLC, MP Biomedicals LLC, R-Biopharm AG, Creative Diagnostics, InBios International Inc., Dia.Pro Diagnostic Bioprobes srl, DIALAB GmbH
What Are the Emerging Trends in the Hepatitis Diagnostic Tests Industry?
For the hepatitis diagnostic test market, Roche Diagnostics India introduced Elecsys HCV Duo in July 2023. This fully automated immunoassay allows for simultaneous testing of both hepatitis C virus (HCV) antigen and antibody levels from a single plasma or serum sample, streamlining diagnostics and reducing the burden on healthcare systems.
What Are the Main Segments in the Hepatitis Diagnostic Tests Market?
The hepatitis diagnostic tests market covered in this report is segmented -
1) By Test Type: Blood Tests, Imaging Tests, Liver Biopsy
2) By Technology: Enzyme-Linked Immunosorbent Assay (ELISA), Rapid Diagnostic Tests (RDTs), Polymerase Chain Reaction (PCR), Isothermal Nucleic Acid Amplification Test (INAAT), Other Technologies
3) By End User: Hospitals, Diagnostic Laboratories, Blood Bank, Other End Users
Subsegments:
1) By Blood Tests: Serological Tests, Polymerase Chain Reaction (PCR) Tests, Enzyme-Linked Immunosorbent Assays (ELISA)
2) By Imaging Tests: Ultrasound, Computed Tomography (CT), Magnetic Resonance Imaging (MRI)
3) By Liver Biopsy: Percutaneous Biopsy, Transjugular Biopsy, Laparoscopic Biopsy
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Which Geographic Area Leads the Hepatitis Diagnostic Tests Market?
North America was the largest region in the hepatitis diagnostic tests market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hepatitis diagnostic tests market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Is Covered In The Hepatitis Diagnostic Tests Global Market Report?
- Market Size Analysis: Analyze the Hepatitis Diagnostic Tests Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hepatitis Diagnostic Tests Market for effective categorization.
- Key Player Focus: 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 Hepatitis Diagnostic Tests Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hepatitis Diagnostic Tests Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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