Global hepatitis E diagnostics tests market size to register 4.5% CAGR through 2027

Description: This latest report on ‘global hepatitis E diagnostics test market’ is designed help businesses in every subject of trade for making the right decisions, solving the toughest questions, and minimizing risks. It offers accurate predictions for the size, shares, and growth patterns of this domain over 2020-2027, taking 2019 as the base year and 2017-2018 as the historical years.

According to industry experts, worldwide hepatitis E diagnostics test market size was valued USD 50 million in 2019 and is projected to expand at a yearly growth rate of 4.5% during the forecast period 2020-2027. Rising prevalence of hepatitis E disease, with WHO estimating 20 million infections each year across the globe, is bolstering the demand for diagnostics tests. Moreover, awareness initiatives undertaken by several governments is positively impacting the industry growth.

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The study meticulously analyzes the industry status, yearly growth rate, future trends, drivers, opportunities, challenges, entry barriers, sales & distribution channels. Moreover, in-depth segmentation studies are included to provide readers with better insights that can extend their success. Furthermore, the research literature examines the current top players and forthcoming contenders, highlighting the strategies which have helped them improve their positioning in the industry.

For the record, hepatitis E virus is the leading cause of acute viral hepatitis worldwide which mainly affects the liver. It is also seen as a travel-associated infection and has no known treatment. Its diagnosis is based on detection of viral RNA in feces or serums, however, WHO is developing a vaccine and putting their resources in increasing the availability of diagnostic tests for reducing the disease burden. Governments and health authorities of several countries are also trying to make diagnostic tests widely accessible, further enhancing the overall hepatitis E diagnostics test industry outlook.

Despite the positive growth trend of the industry, factors such as high cost of diagnostics procedure and unfavorable reimbursement scenario will negatively impact the business landscape during the forecast period.

Geographical outlook:

North America, Latin America, Asia Pacific, and Europe are the key contributors to the overall global hepatitis E diagnostics tests market remuneration. Asia Pacific market currently leads the industry growth is likely to witness tremendous gains in the upcoming years as well. The growth is largely attributable to mounting cases of hepatitis E infections in Vietnam, Nepal, Pakistan, Burma, Bangladesh, Kazakhstan, Thailand, and Bhutan. Factors such lack of proper sanitation and access to drinkable water have increased the risk of acquiring hepatitis E infections in these nations.

Competitive landscape:

The degree of competition in global hepatitis E diagnostics tests market is considerably intense. Some of the top contenders in the industry are Fortress Diagnostics Ltd., F. Hoffmann-La Roche Ltd., Fast-track Diagnostics, Dia.Pro Diagnostic Bioprobes s.r.l, Beijing WANTAI Biological Pharmacy Co., Ltd., Biokit S.A., and Altona Diagnostics GmbH. These industry giants are focusing on strategies such as new product launches & innovations, and mergers & acquisitions to maintain a strong foothold in the marketplace.

To access a sample pages of this report titled “Global Hepatitis E Diagnostic Tests Market Size study, by Test type (HEV IgM ELISA Test kits, HEV IgG ELISA Test kits, RT-PCR Test kits and Others), By End-Users (Hospitals, Diagnostic Laboratories, Research Centers and Point of Care) and Regional Forecasts 2020-2027” in detail along with the table of contents, please click the link below:

https://www.marketstudyreport.com/reports/global-hepatitis-e-diagnostic-tests-market-size-research

Global Hepatitis E Diagnostic Tests Market Test Types (Revenue, USD Billion, 2017-2027)

  • HEV IgG ELISA Test Kits
  • HEV IgM ELISA Test Kits
  • PT-PCR Test Kits
  • Others

Global Hepatitis E Diagnostic Tests Market End-User Scope (Revenue, USD Billion, 2017-2027)

  • Hospitals
  • Research Centers
  • Diagnostic Laboratories
  • Point of Care

Global Hepatitis E Diagnostic Tests Market Geographical Bifurcation (Revenue, USD Billion, 2017-2027)

North America

  • United States
  • Canada

Europe

  • United Kingdom
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of APAC

Latin America

  • Mexico
  • Brazil

Rest of the World

Global Hepatitis E Diagnostic Tests Market Company Profiles (Revenue, USD Billion, 2017-2027)

  • Primerdesign Ltd.
  • MP Biomedicals, LLC
  • Mikrogen GmbH
  • Fortress Diagnostics Ltd.
  • Fast-track Diagnostics
  • F. Hoffmann-La Roche Ltd.
  • Dia.Pro Diagnostic Bioprobes s.r.l
  • Biokit S.A.
  • Beijing WANTAI Biological Pharmacy Co., Ltd.
  • Altona Diagnostics GmbH

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