Press release
Dengue Testing Market to Reach USD 966.36 Million by 2030 at 5.5% CAGR
Dengue Testing Market
The global dengue testing market is projected to grow significantly, reaching nearly USD 966.36 million by 2030, with a compound annual growth rate (CAGR) of 5.5% during the forecast period.
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► Market Dynamics
The surge in dengue fever cases worldwide has heightened the demand for accurate and rapid diagnostic tests. Regions such as Africa, the Americas, the Eastern Mediterranean, Southeast Asia, and the Western Pacific are notably affected, with approximately 500,000 cases progressing to severe dengue annually, resulting in up to 25,000 deaths. This alarming trend underscores the critical need for efficient diagnostic solutions.
Technological advancements have led to the development of rapid point-of-care assays, facilitating early detection and timely intervention. However, challenges such as the high cost of existing test kits and limited diagnostic tools persist, driving the demand for cost-effective and reliable dengue diagnostic technologies.
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► Regional Insights
• Asia Pacific: Growth and Opportunities
The Asia Pacific region holds a significant share of the dengue testing market, attributed to the increasing number of dengue cases. Factors such as climate change, rapid urbanization, and inadequate sanitation contribute to the prevalence of the disease, thereby amplifying the need for effective diagnostic solutions.
• Americas: Trends and Expansion
In the Americas, countries like Brazil and Mexico are experiencing a rise in dengue incidences. This has led to increased investments in healthcare infrastructure and the adoption of advanced diagnostic technologies to manage and control outbreaks effectively.
• Middle East and Africa: Emerging Opportunities
The Middle East and Africa are witnessing a growing burden of dengue fever. Efforts to improve healthcare access and implement effective disease surveillance systems are creating opportunities for market expansion in these regions.
• Europe: Consolidation and Updation
European countries are focusing on enhancing diagnostic capabilities and integrating advanced technologies to address imported cases of dengue fever. Collaborations and partnerships among key players are contributing to market consolidation and growth.
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► Market Segmentation: In-Depth Analysis:
• by Test Type
ELISA-based Tests
RT-PCR based Tests
Dengue IgG/IgM Rapid Test
Other Tests
Over the course of the projection period, the ELISA-based segment is anticipated to hold a leading market share. The most widely used method for detecting dengue fever is an enzyme-linked immunosorbent test (ELISA), which examines anti-DENV IgM or IgG antibodies in patient serum. Early dengue fever detection and treatment reduces the risk of larger outbreaks as well as the morbidity and mortality rates linked to severe forms of the illness. With a 63.7% revenue share in 2023, the EIA/ELISA category led the immunoassay market. Its main advantages over immunoelectrophoresis and immunodiffusion include shorter test times, quantitative outcomes, and the use of less antisera for analysis.
• by End-Users
Hospitals
Diagnostic Centers
Others
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-dengue-testing-market/107614/
► Learn about the top players driving innovation in the Market :
1. Thermo Fisher Scientific Inc.
2. Roche Molecular Systems Inc.
3. Abbott Laboratories
4. Abnova Corporation
5.InBios International, Inc.
6.NovaTec Immundiagnostica GmbH
7. Euroimmun AG (Sub. PerkinElmer)
8. Quest Diagnostics
9. Certest Biotec S.L.
10. OriGene Technologies
11. Arkray Inc.
12. Ceres Nanosciences Inc.
13. Corgenix Medical Corp
14. FK-Biotecnologia SA
15. QuantuMDx Group Ltd.
16. Sansure Biotech Inc.
17. Quidel Corp
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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