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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.
Report Attribute | Details |
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Base Year: | 2022 |
Arbovirus Testing Market Size in 2022: | USD 1 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.8% |
2032 Value Projection: | USD 1.9 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 146 |
Tables, Charts & Figures: | 192 |
Segments covered: | Test Type, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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