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The market is highly competitive, with several key players leading the industry in terms of market share. Many companies dominate the market with a diverse portfolio of diagnostic products, including advanced serological assays like ELISA and Western blot, as well as molecular testing technologies like PCR. Bio-Rad Laboratories, known for its high-precision diagnostics and extensive global reach, holds a significant portion of the market share due to its widespread use of serological tests in clinical settings. bioMérieux, Inc. is another key player, offering both immunoassays and molecular diagnostics, which contribute to its strong market position, especially in North America and Europe.
The growth in market share of these companies is primarily driven by factors such as technological advancements in diagnostic tools, the increasing prevalence of Lyme disease, and rising awareness about tick-borne infections. Additionally, strategic partnerships and acquisitions among diagnostic companies enhance their product portfolios and expand their geographic presence, enabling them to capture a larger market share. As the global burden of Lyme disease rises, competition will intensify, with companies continually innovating to meet the needs of clinicians and patients alike.
Prominent players operating in the lyme disease testing industry include: