Emerging Lyme Disease Diagnostics Market Opportunities and Competitive Landscape - T2 Biosystems, Inc., Bio-Rad Laboratories, Inc., Oxford Immunotec USA, Inc.,

Global Lyme Disease Diagnostics Market reached USD 1.6 billion in 2022 and is expected to reach USD 2.2 billion by 2030, growing with a CAGR of 4.3% during the forecast period 2024-2031.

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Lyme disease diagnostics refer to tests and tools used to detect the presence of Borrelia burgdorferi, the bacteria responsible for Lyme disease. These diagnostics include serological tests like ELISA and Western blot, molecular tests like PCR, and emerging rapid detection methods to ensure early and accurate diagnosis.

List of the Key Players in the Lyme Disease Diagnostics Market:

T2 Biosystems, Inc., Bio-Rad Laboratories, Inc., Oxford Immunotec USA, Inc., Thermo Fisher Scientific Inc., Quidel Corporation, Quest Diagnostics, BioMérieux India Private Limited, Diasorin S.p.A, Meridian Bioscience Inc., and Cortez Diagnostics Inc. are the leading companies with a significant market share.

Industry Development:

On April 21, 2023, Moderna announced the addition of two innovative mRNA-based vaccine candidates for Lyme disease to its development pipeline: mRNA-1982 and mRNA-1975. Lyme disease, a bacterial infection transmitted to humans through tick bites, can lead to symptoms such as fever, fatigue, and a characteristic rash. These new vaccine candidates aim to provide effective protection against the infection.

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Research Process:
Both primary and secondary data sources have been used in the global Lyme Disease Diagnostics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Lyme Disease Diagnostics Market:

By Test Type: Serological Test, Urine Antigen Tests, Lymphocytic Transformation Test, Immunofluorescent Staining, Nucleic Acid Test, Others

By Test Sample: Blood , Cerebrospinal Fluid, Urine, Others

By End-User: Hospitals, Diagnostic Centers, Ambulatory Surgical Centers , Public/Private Laboratories, Physician's Office

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Regional Analysis for Lyme Disease Diagnostics Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Lyme Disease Diagnostics market?

➠ Who are the leading manufacturers in the global Lyme Disease Diagnostics industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Lyme Disease Diagnostics industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Lyme Disease Diagnostics market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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