Dengue Testing Market Growth 2022-2028: Increase In Number Of Dengue Patients Is Major Factor Driving Demand For Diagnostic Kits Globally

The latest market analysis report published by Reports and Data, titled ‘Global Dengue Testing Market – Forecast to 2028,’ thoroughly examines the Dengue Testing industry to provide essential data & information for the targeted readers. The report consists of quantitative and qualitative research on the market performed by our market experts. The Dengue Testing industry report emphasizes the current and upcoming market revenue growth opportunities and trends. Moreover, the report offers key information on the industry statistics, as well as a wide range of dynamic factors including drivers, restraints, risks, challenges, threats, supply & demand ratios, production & manufacturing capacities, sales & distribution networks, cost & demand volatility, import/export ratios, profit margins, and macro-economic and micro-economic factors. The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview. Our market experts have determined the current financial positions of the leading industry players in the report leveraging advanced analytical tools such as Porter’s Five Forces Analysis, SWOT analysis, and investment assessment.

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The global dengue testing market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Supportive government initiatives to promote awareness dengue-carry mosquitoes, technological advancements in healthcare, rising prevalence of dengue globally, and rapid rise in population are some key factors boosting demand for dengue testing kits. 

Dengue virus is transmitted through bite of female mosquitos of the Aedes aegypti species that dwell in tropical and subtropical regions. High fever, fatigue, severe muscle and joint pain, nausea, skin rash, vomiting, severe headache, pain behind eyes, and bleeding of nose or gums are some symptoms of patient suffering from dengue. Health complication due to severe dengue has caused serious illness and deaths in various Latin America and Asia regions. Rising focus on community involvement to control spread of dengue is one of the factors driving market growth going ahead.

Market Overview:

The global Dengue Testing market has significantly grown over the recent past and is expected to register rapid growth over the forecast period of 2021 to 2028. The pharma and healthcare sector is rapidly evolving with innovations in technology, increasing healthcare spending and improving healthcare facilities and systems. Many hospitals, ambulatory surgical care centers and clinics across the globe are adopting advanced devices and equipment. Revenue growth of the global Dengue Testing market is significantly driven by factors such as increasing prevalence of chronic diseases, rapid advancements in healthcare and medical sector, high adoption of latest tools and techniques and growing funds by several public and private sectors. In addition, rising focus on drug development, increasing demand for precision medicine, high adoption of home care settings and point-of-care diagnostics, increasing investments in research and development activities are expected to drive global market revenue growth during the forecast period. 

The ongoing pandemic is significantly changing the dynamics of the pharma and healthcare sector. Various countries are facing challenges such as shortage of medicines, vaccines, healthcare devices in hospitals. This is expected to open lucrative growth opportunities for market players in the coming years.

Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.

Top Companies Profiled in the Report:

Abnova, Roche Molecular Systems, Abbott Laboratories, InBios International, NovaTec Immundiagnostica, Sub.PerkinElmer, Quest Diagnostics, Certest Biotec, OriGene Technologies, Thermo Fisher, and Others.

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Dengue Testing Market Segmentation:

Product Outlook (Revenue, USD Billion; 2018-2028)

  • ELSIA – based Tests
  • RT – PCR based Tests
  • Dengue lgG/lgM Rapid Test
  • Other Tests

End-Use Outlook (Revenue, USD Billion; 2018-2028)

  • Hospitals
  • Diagnostic Centers
  • Others

Regional Outlook:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

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