The global hepatitis testing/diagnostic market size is expected to reach USD 4.36 Billion at a steady revenue CAGR of 4.7% in 2030, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as growing burden of hepatitis, introduction of molecular diagnostics for diagnosis of hepatitis, increasing awareness regarding this disease, and rising awareness regarding commercially available advanced products. Hepatitis is an inflammation of liver, commonly caused by hepatitis virus. Hepatitis testing is conducted to determine genotype of hepatitis triggering the ailment and also helps in determining best suited treatment for patient. Point-Of-Care (POC) testing helps to complete screening procedure without the need for a second visit and, in some cases, without leaving one’s house, which when combined with quick findings, lowers risk of problems and transmission. For instance, research has shown that individuals who monitor blood thinners, such as warfarin at home, report less severe side effects from medication. In addition, POC testing aids in reducing spread of infectious pathogens by delivering quick results with little contact and reducing unneeded admissions to healthcare facilities. Minimizing physical contact and immediate self-isolation are major strategies to stop the spread of many infectious diseases including COVID-19.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Hepatitis Testing market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Hepatitis Testing market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Abbott, F. Hoffmann-La Roche Ltd., Bio-Rad Laboratories, Inc., Siemens Healthcare GmbH, DiaSorin S.p.A, Qiagen, Danaher, Grifols, S.A., Biomerieux , and Ortho Clinical Diagnostics
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Emergen Research has segmented the global Hepatitis Testing market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
-
Disease Type Outlook (Revenue, USD Million; 2019–2030)
- Hepatitis B (HBV)
- Hepatitis C (HCV)
- Other Hepatitis Diseases
-
Technology Outlook (Revenue, USD Million; 2019–2030)
- Enzyme-Linked Immunosorbent Assay (ELISA)
- Rapid Diagnostic Tests (RDT)
- Polymerase Chain Reaction (PCR)
- Isothermal Nucleic Acid Amplification Technology (INAAT)
- Other Technologies
-
End-Use Outlook (Revenue, USD Million; 2019–2030)
- Hospital & Diagnostic Laboratories
- Blood Banks
- Other End-Use
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Hepatitis Testing Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Hepatitis Testing Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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