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Arbovirus Testing Market Size

  • Report ID: GMI5950
  • Published Date: Jun 2023
  • Report Format: PDF

Arbovirus Testing Market Size

Arbovirus Testing Market size was valued at more than USD 1 billion in 2022 and is projected to reach over USD 1.9 billion by 2032 owing to rising prevalence rate of arthropod-borne viral diseases

 

Arbovirus testing encompasses the diagnostic tests and related products used for the detection and identification of arboviruses. Arboviruses also known as arthropod-borne viruses is a group of viruses transmitted to humans primarily through the bites of infected ticks, mosquitoes, or other arthropods. These viruses can cause a wide range of diseases, including dengue fever, Zika virus infection, West Nile fever, and chikungunya, among others. Growing need for accurate and timely diagnosis of arbovirus infections to guide appropriate patient management and public health interventions will drive the overall industry growth potential.
 

Also, rising incidence of arthropod-borne viral diseases, advancements in diagnostic technologies, and government initiatives aimed at controlling and preventing arbovirus outbreaks are few aspects propelling market demand
 

Growing research and development as well as adoption of advanced arbovirus testing technologies to enhance surveillance, outbreak response, and disease prevention strategies by several governments, health organizations, and researchers to combat arbovirus outbreak will boost market growth potential. For instance, in March 2022, World Health Organization (WHO) introduced global arbovirus initiative to combat emerging and re-emerging arboviruses having epidemic and pandemic potential in collaboration with the Immunization, Vaccines and Biologicals Department and the Department of Control of Neglected Tropical Diseases. This initiative aimed towards preparedness, monitor risk, detection and response, pandemic prevention and building a coalition of partners.
 

Further, continuous advancements in technologies such as molecular diagnostics, serological assays, and point-of-care testing for rapid and accurate detection of arboviruses leading to improved patient outcomes and public health interventions will thereby offer lucrative growth opportunities to the arbovirus testing market.

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for arbovirus testing was valued at more than USD 1 billion in 2022 and is projected to reach over USD 1.9 billion by 2032, backed by the growing need for accurate & timely diagnosis of arbovirus infections to guide appropriate patient management and public health interventions.

The ELISA-based tests segment accounted for more than USD 530 million in 2022, attributable to several innovations and continuous improvements in assay design, sensitivity, and specificity including development of multiplex ELISA assays for enhanced diagnostic efficiency and cost-effectiveness.

The U.S. arbovirus testing industry accounted for over USD 400 million in 2022 and will witness substantial growth over 2023-2032, owing to the surge in incidence of arbovirus diseases and booming geriatric population that are highly prone to viral diseases.

Agilent Technologies Inc., Thermo Fisher Scientific, NovaTec Immundiagnostica GmbH, Euroimmun AG, Abbott Laboratories, DiaSorin SpA, Distek, Becton, Dickinson and Company, Merck KGaA, F. Hoffmann La Roche Ltd., Siemens Healthineers AG, and QIAGEN N.V. among others.

Arbovirus Testing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 192
  • Countries covered: 30
  • Pages: 146
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