Rabies Diagnostics Market - By Test Type (Fluorescent Antibody, Immunohistochemical, Amplification, Serology), Technology (Elisa, Chromatography, PCR), Sample Type (Brain Tissue, Saliva, Cerebrospinal Fluid, Blood) End-Use – Global Forecast 2024 – 2032
Report ID: GMI10186
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Published Date: July 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 10
Tables & Figures: 251
Countries covered: 23
Pages: 130
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Rabies Diagnostics Market Size
Rabies Diagnostics Market size was valued at around USD 1.8 billion in 2023 and is estimated to grow at 4.7% CAGR from 2024 to 2032. The rising cases of animal bites, coupled with favorable government policies, are significantly driving the growth of the market.
An increase in animal bite incidents, particularly from stray dogs, increases the need for animal diagnostics and heightened the need for effective and rapid diagnostic solutions to prevent the spread of rabies. Governments worldwide are implementing policies and programs to address this issue. For instance, World Health Organization (WHO), in collaboration with multiples partners, launched the "United Against Rabies" initiative in 2020, which aims to accelerate efforts to eradicate rabies through widespread dog vaccination and enhanced human treatment protocols.
Additionally, regulatory support for the development and deployment of advanced diagnostic tools is fostering market growth. These combined efforts not only aim to reduce rabies incidence but also ensure timely diagnosis and treatment, thereby propelling the demand for rabies diagnostic market.
Rabies diagnostics refer to the methods and techniques used to detect and confirm the presence of rabies virus in animals and humans. These diagnostics are essential for the accurate identification of rabies infection, which is critical for timely treatment and prevention measures.
Rabies Diagnostics Market Trends
Recent technological advancements in rabies diagnostics are significantly driving market growth. The combination of AI, point-of-care testing, and advanced molecular techniques represents a significant leap forward in the fight against rabies.
Rabies Diagnostics Market Analysis
Based on test type, the market is categorized into fluorescent antibody test (FAT), immunohistochemical test, amplification methods, histologic examination, and serology tests. The fluorescent antibody test (FAT) segment dominated the market, generating approximately USD 503.1 million revenue in 2023.
Based on technology, the rabies diagnostics market is categorized into ELISA, chromatography, PCR, and other techniques. The ELISA segment is anticipated to witness highest growth to reach USD 911.3 million by 2032.
Based on sample type, the rabies diagnostics market is categorized into brain tissue, saliva, cerebrospinal fluid (CSF), blood (serum) and other sample types. The brain tissue segment dominated the market, with a revenue share of around 27.8% in 2023.
Based on end-use, the rabies diagnostics market is categorized into hospitals and clinics, and diagnostic laboratories. The hospitals and clinics segment dominated the market, with a revenue share of around 54.4% in 2023.
North America rabies diagnostics market accounted for USD 765.8 million revenue in 2023 and is predicted to witness substantial market growth over the analysis timeline.
U.S. rabies diagnostics market held a dominant position with a share of 93% in 2023 within the North American region.
Germany rabies diagnostics market is expected to grow significantly during the forecast period.
China rabies diagnostics market is anticipated to witness a high growth rate from 2024-2032, due to several factors.
Rabies Diagnostics Market Share
The global market is characterized by a competitive landscape driven by advancements in diagnostic technologies, increasing investment in research and development, and a focus on early disease detection. The development and launch of novel products with improved efficiency and cost-effectiveness are key market strategies for rabies diagnostics product manufacturers, driving competition and innovation in the industry. The market is further intensified by the presence of regional players who cater to local demands and regulatory requirements. Collaborations between veterinary organizations, government bodies, and diagnostic companies are pivotal in promoting widespread adoption of rabies diagnostics, thereby driving market growth.
Rabies Diagnostics Market Companies
Some of the eminent market participants operating in the rabies diagnostics industry include:
Rabies Diagnostics Industry News:
Rabies diagnostics market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032 for the following segments:
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Market, By Test Type
Market, By Technology
Market, By Sample Type
Market, By End-use
The above information is provided for the following regions and countries: