Rabies Diagnostics Market Anticipated To Witness Robust Growth, Surpassing $2.31 Billion By 2029

The Rabies Diagnostics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Rabies Diagnostics Market Size and Its Estimated Growth Rate?
In recent periods, the rabies diagnostics market has displayed impressive growth. The market size is projected to expand from $1.68 billion in 2024 to $1.78 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%. Factors contributing to the growth during the historic period include globalization and changing travel patterns, adoption of the one health approach, development of regulatory standards, advancements in animal testing procedures, and environmental influences.

In the coming years, the market size for rabies diagnostics is projected to experience substantial growth, with an expected valuation of $2.31 billion in 2029 boasting a compound annual growth rate (CAGR) of 6.7%. Factors contributing to this growth in the predicted period include a surge in rabies cases, environmental influences, cost-effectiveness, research advancements, and increased surveillance needs. During the forecast period, significant trends such as government schemes, immunization initiatives, globalization and travel, the one health approach, public health worries, and remote and point-of-care diagnostics will shape the market.

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How Are Emerging Segments Shaping the Rabies Diagnostics Market Landscape?
The rabies diagnostics market covered in this report is segmented -

1) By Diagnostic Method: Fluorescent Antibody Test, Immunohistochemical Test, Amplification Methods, Histologic Examination, Serology Tests
2) By Technology: ELISA Or Immunohistochemistry, Chromatography Techniques, PCR, Other Technologies
3) By End-User: Hospital, Diagnostic Centers, Cancer Palliative Care Clinics, Other End-Users

Subsegments:
1) By Fluorescent Antibody Test: Direct Fluorescent Antibody Test (DFA)
2) By Immunohistochemical: Enzyme-Linked Immunosorbent Assay (ELISA): Western Blotting
3) By Amplification Methods: Polymerase Chain Reaction (PCR), Reverse Transcription PCR (RT-PCR)
4) By Histologic Examination: Microscopic Examination, Tissue Staining Techniques
5) By Serology Tests: Virus Neutralization Test (VNT), Enzyme-Linked Immunosorbent Assay (ELISA)

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Which Growth Factors Are Influencing Rabies Diagnostics Market Expansion?
The surging instances of rabies are set to spur the expansion of the rabies diagnostics market. This avoidable viral disease is most frequently transmitted through the bite of a rabid animal. The rabies virus targets the central nervous systems of mammals, eventually resulting in brain damage and subsequent death. The rabies diagnostics aids in identifying the presence of the rabies virus in humans and animals utilizing various diagnostic tests and methods. Moreover, the escalating rates of infectious diseases transferred by animals have been beneficial for the demand for rabies diagnostics. In January 2023, a report from the Canadian government, a federal authority based in Canada, revealed that there were 135 and 159 rabies samples submitted in October and November 2022 respectively. Thus, the rising occurrences of rabies are predicted to stimulate the advancement of the rabies diagnostics market.

Who Are the Dominant Players Across Different Rabies Diagnostics Market Segments?
Major companies operating in the rabies diagnostics market are 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., Bio-X Diagnostics S.A., Fujirebio Diagnostics Inc., Gold Standard Diagnostics Corp., Heska Corporation, IDEXX Laboratories Inc., InBios International Inc., KHB Shanghai Kehua Bio-Engineering Co. Ltd., Meridian Bioscience Inc., MP Biomedicals LLC, Neogen Corporation, Randox Laboratories Ltd., SDIX LLC, Sigma-Aldrich Corporation, Virbac Animal health Pvt. Ltd., Zoetis Inc.

What Are the Latest Developing Trends in the Rabies Diagnostics Market?
Product innovation is coming to the fore as a significant trend in the rabies diagnostics market. Pharmaceutical manufacturers across the world are adopting innovative and efficient testing methods developed within analytical chemistry, aiming to provide precise and cost-effective analytical solutions. These cutting-edge testing products have been seamlessly integrated into the routine sample testing procedure. For instance, in May 2022, Bio-Rad Laboratories Inc., a US-based producer and creator of innovative technology products, introduced the CFX Duet Real-Time PCR system. This clinical diagnostic tool aims to assist researchers in creating singleplex and duplex quantitative PCR (qPCR) tests. The device boasts unique strengths, including enhanced thermal performance, an exclusive patented optical shuttle system, and thermal gradient features for optimization.

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Which Geographic Regions Are Expected to Dominate the Rabies Diagnostics Market in the Coming Years?
North America was the largest region in the rabies diagnostics market in 2024. The regions covered in the rabies diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Rabies Diagnostics Market?
2. What is the CAGR expected in the Rabies Diagnostics Market?
3. What Are the Key Innovations Transforming the Rabies Diagnostics Industry?
4. Which Region Is Leading the Rabies Diagnostics Market?

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