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Increased Blood Transfusions And Donations Fuel Growth In Hepatitis Diagnostic Test Market Driver: Leading Transformation in the Hepatitis Diagnostic Tests Market in 2025
What market dynamics are playing a key role in accelerating the growth of the hepatitis diagnostic tests market?The increase in blood donations and transfusions is anticipated to fuel the expansion of the hepatitis diagnostic test market. The processes of blood donation and blood transfusion are interconnected, where willing individuals give their blood that is then gathered, examined, and given to patients who need extra blood components due to medical conditions, surgical procedures, accidents or diseases. To ensure patient safety, hepatitis diagnostic tests are utilized to comprehensively examine blood before it's donated or transfused. For instance, the Royal College of Pathologists, a UK-based organization, reported in August 2023 that blood transfusion is the most common procedure performed for hospitalized patients, with approximately 2 million blood components issued and transfused in England every year, costing over £300 ($390.69) million. Hence, the hepatitis diagnostic test market is being driven by the increasing number of blood donations and transfusions. Growth in the hepatitis diagnostic tests market is anticipated to be fuelled by the increase in hepatitis cases. Hepatitis, a medical condition characterized by the swelling and inflammation of liver tissue, often results in various symptoms and health issues. Diagnostic tests for hepatitis are crucial in detecting and verifying the existence of hepatitis infections, therefore enabling swift and effective disease management. For instance, according to the Hepatitis B Foundation, an organization based in the US, nearly 1.5 million individuals contract hepatitis each year as of 2023. Therefore, the increase in hepatitis cases is propelling the hepatitis diagnostic test market.
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How will the growth rate of the hepatitis diagnostic tests market shape industry trends by 2034?
The market for hepatitis diagnostic tests has experienced significant growth recently. The predicted trajectory shows an increase from $4.64 billion in 2024 to $4.95 billion in 2025, marking a compound annual growth rate (CAGR) of 6.5%. The historical growth is credited to the internationalization of healthcare, governmental efforts, the heavy burden of disease, heightened blood safety standards, and public health awareness campaigns.
Projections show that the hepatitis diagnostic tests market is slated for substantial expansion in the ensuing years. The market is predicted to climb to $6.24 billion by 2029, with a compound annual growth rate (CAGR) of 6.0%. This growth during the projected period can be linked to global health security issues, burgeoning population and urbanization, custom testing methodologies, focus on eradication programs, and a rise in healthcare expenditure. Key trends for this forecast period comprise breakthroughs in testing technologies, simultaneous testing for various hepatitis viruses, the incorporation of molecular diagnostics, digital healthcare solutions, and strategic collaborations and partnerships.
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What trends are poised to drive the future success of the hepatitis diagnostic tests market?
Leading organizations in the hepatitis diagnostic test market are concentrated on the creation of innovative automated immunoassays, including the Elecsys HCV Duo, to provide dependable service to clients. Automated immunoassays like the Elecsys HCV Duo are advanced laboratory methods that use automated mechanisms and sophisticated tools to conduct every stage of the immunoassay process, from sample management, reagent blending, incubation, to detection, and result analysis. As an example, Roche Diagnostics India, a bio-tech research enterprise based in India, introduced the Elecsys HCV Duo in July 2023. This is recognized as the initial fully automated immunoassay in India that allows for a simultaneous and separate evaluation of the hepatitis C virus (HCV) antigen and antibody concentrations in a single plasma or serum sample from humans. It also offers a single specimen test and optimizes the diagnostic process, cutting down the need for subsequent visits for additional tests, which has the potential to alleviate the testing workload on the healthcare system.
Which primary segments of the hepatitis diagnostic tests market are driving growth and industry transformations?
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 geographical regions are pioneering growth in 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
Who are the influential players reshaping the hepatitis diagnostic tests market landscape?
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
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What Is Covered In The Hepatitis Diagnostic Tests Global Market Report?
•Market Size Forecast: Examine the hepatitis diagnostic tests market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the hepatitis diagnostic tests market for a structured understanding.
•Key Players Overview: Analyze major players in the hepatitis diagnostic tests market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hepatitis diagnostic tests market.
•Segment Contributions: Evaluate how different segments drive overall growth in the hepatitis diagnostic tests market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hepatitis diagnostic tests market.
•Industry Challenges: Identify potential risks and obstacles affecting the hepatitis diagnostic tests market.
•Competitive Landscape: Review strategic developments in the hepatitis diagnostic tests market, including expansions, agreements, and new product launches.
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