Press release
RSV Diagnostics Market Players Seeking Heavy Attention to Reach USD 2.3 Bn by 2030
► Global RSV Diagnostics Market Set for Strong Growth through 2030The global Respiratory Syncytial Virus (RSV) Diagnostics Market, valued at USD 1.2 billion in 2023, is projected to reach USD 2.3 billion by 2030, growing at a robust CAGR of 8.17% . This surge is driven by rising RSV cases, accelerated technological innovation, and expanding point-of-care capabilities. North America remains the dominant force, fueled by advanced healthcare infrastructure and high disease prevalence.
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►Competitive Landscape
Dominant market players include GE Healthcare, Siemens Healthineers, Philips Healthcare, Canon Medical Systems, Fujifilm Holdings, Hitachi, Samsung Medison, Hologic, Esaote, and TeraRecon. Hospitals remain the primary end-users, followed by diagnostic and research centers.
►Regional Insights
♦ United States Growth & Opportunity
The United States continues to be the market leader, accounting for the largest regional share in 2023. Opportunities lie in expanding home‐care testing and molecular diagnostics in hospitals and clinics, driven by high RSV hospitalization rates among infants and the elderly.
Consolidation & M&A: The US has witnessed several strategic acquisitions, including Thermo Fisher's purchase of specialized diagnostics firms to enhance its RSV testing capabilities. Partnerships between molecular diagnostics companies and biotech start-ups are expanding POC molecular assay offerings.
♦ Asia‐Pacific Trends & Growth
The Asia-Pacific region is expected to register the fastest revenue growth, driven by molecular diagnostic adoption and rising healthcare spending.
Opportunities: Expanding access in emerging markets-India, China, and Southeast Asia-through local production of kits and instruments.
Consolidation & M&A: M&A activity includes acquisitions of regional diagnostic firms by global players to penetrate growing markets, especially via partnerships in China and India.
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♦ Europe Trends & Updation
Europe held a significant share of the global RSV diagnostics market, valued at USD 0.65 billion in 2023 and expected to reach USD 1.5 billion by 2032 .
Opportunities: Investment in rapid antigen and molecular testing, along with robust public health initiatives, continues to drive adoption.
Competitive Landscape: Notable entities like Siemens Healthineers, Fujifilm, Thermo Fisher, Roche, and Abbott dominate with advanced diagnostic portfolios .
Consolidation & M&A: Strategic acquisitions by major European diagnostics firms continue, with a focus on integrating rapid testing platforms and molecular capabilities.
♦ Middle East & Africa Trends & Consolidation
The Middle East & Africa (MEA) market is emerging steadily, valued at USD 0.10 billion in 2023 and forecast to reach USD 0.25 billion by 2032 .
Opportunities: Expansion of diagnostic infrastructure in GCC nations and South Africa, accompanied by growing demand for POC testing in smaller clinics.
Competitive Landscape: Regional labs increasingly seek partnerships with global giants for diagnostic platforms, assays, and capacity-building initiatives.
Consolidation & M&A: Local diagnostic companies are engaging in joint ventures and being acquired by international firms aiming to strengthen MEA market penetration.
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► Market Segmentation: In-Depth Analysis:
by Product
Kits and Assays
Instruments
Other
by Diagnostic Methods
Molecular Diagnostics
Immunoassays
Rapid Antigen Tests
by End User
Hospitals and Clinics
Diagnostic Laboratories
Research Institutes
Others
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-rsv-diagnostics-market/112452/
► Learn about the top players driving innovation in the Market :
North America
1. Abbott (USA)
2. Royal Philips (Netherlands)
3. Quventus Medical (Canada)
4. Roche Diagnostics (Switzerland)
5. BD (USA)
6. Luminex Corporation (USA)
7. Quidel Corporation (USA)
8. Diagnostic Innovations (Australia)
Europe
1. Siemens Healthineers (Germany)
2. GSK & AstraZeneca (UK)
3. Hologic Inc. (USA)
4. Vall d'Hebron University Hospital (Spain)
5. ANRS-PEA2 program (France)
6. Royal Philips (Netherlands)
7. Vall d'Hebron University Hospital (Spain)
8. University of Bologna (Italy)
9. Qventus Medical (Canada)
10. Diagnostic Innovations (Australia)
Asia Pacific
1. Bioperfectus (China)
2. Luminex Corporation (USA)
3. OSANG Healthcare Co., Ltd. (South Korea)
4. Mindray Medical International Ltd. (China)
5. Shenzhen YHLO Biotech Co., Ltd. (China)
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► About Maximize Market Research:
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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