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Key Trends Influencing the Growth of the Rabies Diagnostics Market in 2025: Product Innovation In Rabies Diagnostics Market
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Expected CAGR for the Rabies Diagnostics Market Through 2025?
The market size for rabies diagnostics has seen significant growth in recent years. The market, which was worth $1.68 billion in 2024, is anticipated to expand to $1.78 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.6%. Factors such as globalization and changing travel behaviors, the uptake of a 'one health' approach, the establishment of regulatory standards, advances in animal testing procedures, and environmental impacts have contributed to the increase during the historic period.
What's the Projected Size of the Global Rabies Diagnostics Market by 2029?
It is anticipated that the market size for rabies diagnostics will experience robust growth in the forthcoming years. The market is predicted to reach a size of $2.31 billion in 2029, with a compound annual growth rate (CAGR) of 6.7%. Factors contributing to the projected growth during the forecast period include a rising incidence of rabies, environmental influences, cost-effectiveness, research and development, and the need for surveillance. Key trends in the forecast period encompass initiatives from the government and vaccination programs, globalization and travel, the one health approach, public health issues, as well as remote and point-of-care diagnostics.
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Top Growth Drivers in the Rabies Diagnostics Industry: What's Accelerating the Market?
The escalation in the incidence of rabies is predicted to fuel the expansion of the rabies diagnostics market. Rabies is a dodgable viral disease that largely spreads through a bite from an animal infected with rabies. The rabies virus targets the central nervous systems of mammals, ultimately leading to brain damage and death. A variety of diagnostic tests and techniques are employed in rabies diagnosis to pinpoint the presence of the rabies virus in humans and animals. Moreover, the surge in cases of communicable animal-borne illnesses has served to increase the demand for rabies diagnostics. In January 2023, a report released by the Government of Canada, a federal authority based in Canada, indicated that 135 rabies samples were submitted in October 2022 and 159 rabies samples were submitted in November 2022. Hence, the growing prevalence of rabies is expected to spearhead the rabies diagnostics market.
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What Trends Will Shape the Rabies Diagnostics Market Through 2029 and Beyond?
The development of innovative products has become a notable trend in the rabies diagnostics market. Pharmaceutical manufacturers around the world are adopting innovative and high-performance testing methods in analytical chemistry that promise to deliver precise and cost-effective analytical solutions. These testing products are smoothly incorporated into the routine sample testing workflow. For example, in May 2022, Bio-Rad Laboratories Inc., a leading developer and manufacturer based in the U.S., introduced the CFX Duet Real-Time PCR system. This clinical diagnostic instrument is designed to support researchers in creating singleplex and duplex quantitative PCR (qPCR) tests. The product stands out for its enhanced thermal performance and its patented optical shuttle system with thermal gradient functionality for optimization.
What Are the Main Segments in the Rabies Diagnostics Market?
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 Top Companies are Driving Growth in the Rabies Diagnostics Market?
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.
Which Regions Will Dominate the Rabies Diagnostics Market Through 2029?
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.
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