Strategic Forecast for the Viral Diagnostic Test Kits Industry: Market Outlook 2025-2034

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Viral Diagnostic Test Kits Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been substantial growth in the market size of viral diagnostic test kits. It is projected that the market will grow from $16.26 billion in 2024 to $17.48 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.5%. Factors contributing to the growth in the historic period include an increase in healthcare spending, amplified global travel, an upsurge in chronic viral infections, rising demand for home testing kits, and the expansion of personalized medicine.

How Will the Viral Diagnostic Test Kits Market Size Evolve and Grow by 2029?
The market size for viral diagnostic test kits is projected to experience a significant surge in growth over the upcoming years, reaching a valuation of $23.4 billion by 2029, indicating a compound annual growth rate (CAGR) of 7.6%. This predicted expansion during the forecasted period is tied to several factors, including an uptick in Ebola virus cases, escalating hemorrhagic fever instances, growing prevalence of multiple viral infections, increasing incidents of respiratory syncytial virus, and a rise in hepatitis cases. Key trends anticipated during the same timeline encompass technological evolution, point-of-care testing, inclusion of AI and data analytics, incorporation into digital health records, and the adoption of next-generation sequencing.

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What Drivers Are Propelling the Growth of Viral Diagnostic Test Kits Market Forward?
The building frequency of viral diseases is anticipated to stimulate the expansion of the viral diagnostic test kits market in the future. Viral disorders are spurred by microscopic viroids that breach host cells, multiply within them and could trigger a wide array of symptoms varying from minor to extreme across diverse bodily regions. The occurrence of viral diseases is escalating owing to worldwide travel, urban expansion, climate alternation swaying vector-carried illnesses, and progressing viral variations that could provoke new outbursts or spread into previously unaffected geographical zones. Viral diagnostic test kits serve a crucial part in pinpointing and validating the existence of particular viral ailments in patients by identifying viral nucleic acids (RNA or DNA), antigens or antibodies in biological specimens such as blood, saliva or nasal samples. For example, the Centers for Disease Control and Prevention (CDC), an American national public health institution, reported that in 2022, 2,126 new acute hepatitis B incidences were recorded, along with 16,729 fresh chronic hepatitis B cases. Furthermore, during that timeframe, 14 jurisdictions within the US noted higher rates of acute hepatitis B than the national average. Thus, the growing frequency of viral diseases is fueling the progression of the viral diagnostic test kits market.

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Which Emerging Trends Are Transforming the Viral Diagnostic Test Kits Market in 2025?
Leading brands in the viral diagnostic test kits market are creating cutting-edge products, like virus detection kits, in order to maintain their market presence. These kits are diagnostic tools engineered to quickly and effectively confirm whether specific viruses exist in biological samples, which allows for appropriate disease tracking and treatment. In August 2024, BlueStain Global Ltd, a company originating from the UK, introduced the MPox virus detection kit. Constructed to locate the mpox virus rapidly and accurately, the Bluestain MPox virus detection kit can deliver results in as little as 15 to 30 minutes. The development of this advanced kit aims to improve public health efforts through enabling earlier detection of and intervention in mpox epidemics, especially in areas with limited resources.

What Are the Key Segments in the Viral Diagnostic Test Kits Market?
The viral diagnostic test kits market covered in this report is segmented -

1) By Test: Traditional Tests, Rapid Test
2) By Test Type: Direct Fluorescent Antibody (DFA) Test, Immunochromatographic Assay, Reverse Transcriptase Polymerase Chain Reaction (RT-PCR) Based Test, Agglutination Assay, Solid Phase Assay, Flow Through Assay, Other Test Types
3) By End-User: Research Laboratories, Clinics, Hospitals, Other End Users

Subsegments:
1) By Traditional Tests: Enzyme-Linked Immunosorbent Assay (ELISA), Polymerase Chain Reaction (PCR) Tests, Western Blot, Viral Culture Testing
2) By Rapid Test: Lateral Flow Assays (LFA), Immunochromatographic Strip Tests, Reverse Transcription Loop-Mediated Isothermal Amplification (RT-LAMP), Rapid Antigen Tests

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Who Are the Key Players Shaping the Viral Diagnostic Test Kits Market's Competitive Landscape?
Major companies operating in the viral diagnostic test kits market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Becton Dickinson and Company, Quest Diagnostics Incorporated, Grifols S.A., Hologic Inc., PerkinElmer Inc., bioMérieux SA, Quidel Corporation, Sysmex Corporation, Bio-Rad Laboratories Inc., QIAGEN N.V., Ortho Clinical Diagnostics, Myriad Genetics Inc., Seegene Inc., OraSure Technologies Inc., Meridian Bioscience Inc., DiaSorin S.p.A., Trinity Biotech plc, Biodesix Inc.

What Geographic Markets Are Powering Growth in the Viral Diagnostic Test Kits Market?
North America was the largest region in the viral diagnostic test kits market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the viral diagnostic test kits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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