Monkey Pox Testing Trends and Opportunities 2025-2034: A Comprehensive Guide to Growth Insights
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Factors Are Driving the Anticipated Growth Rate of the Monkey Pox Testing Market Through 2034?
The market size for monkey pox testing has seen a consistent upward trend in the past few years. It is projected to escalate from a worth of $1.46 billion in 2024, to an approximate value of $1.53 billion in 2025, marking a compound annual growth rate (CAGR) of 4.8%. Factors such as a rise in government funding and programs, a surging demand for fast test procedures, an enhancement in testing capacities, amplified research and development efforts, and rigorous public awareness initiatives can be credited for the market’s historic growth.
Incremental expansion is projected for the monkey pox testing market in the ensuing years, with a forecasted growth to $1.81 billion in 2029, underpinned by a compound annual growth rate (CAGR) of 4.4%. The expected surge during the forecast period is primarily due to heightened healthcare spending, the advent of point-of-care (POC) tests, expansion in home-based testing kits, emphasis on availability and cost-effectiveness, and enhancements in healthcare infrastructure. Notable trends for the anticipated period encompass convergence with surveillance systems, digital health tool integration, technological progression, amalgamation into public health systems, and progressive strides in diagnostic studies.
What External and Internal Drivers Are Contributing to the Growth of the Monkey Pox Testing Market’s Growth?
The escalation in monkey pox disease occurrences is likely to drive the monkey pox testing market’s expansion in the future. Monkeypox is an infrequent disease caused by the monkeypox virus that is part of the orthodox virus family, connected to the smallpox virus. The surge in monkeypox afflictions stems from increased person-to-person spread, worldwide travel, and decreased immunity due to halted smallpox vaccination programs. The performance of monkeypox tests aids in early detection of infected persons, thereby enabling prompt treatment and quarantine to avoid disease proliferation. Additionally, these tests assist in monitoring outbreaks and deciphering the transmission patterns of the virus. For example, the European Centre for Disease Prevention and Control (ECDC), a Swedish government institution, reported in May 2022 that from the start of January to the end of April 2022, there were 1,152 probable monkeypox cases, causing 55 fatalities with a case-fatality ratio of 4.8%, spread over 54 healthcare zones in 14 provinces. Moreover, compared to the same timeframe in 2021, there’s an increase of 138 presumptive cases and 14 deaths, spawning a higher case-fatality ratio of 10.1%. As a result, the rising incidence of monkey pox disease is fuelling the expansion of the monkey pox testing market.
Request Your Free Monkey Pox Testing Market Report Sample Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=18817&type=smp
Who Are the Major Industry Leaders Accelerating Growth in the Monkey Pox Testing Market?
Major companies operating in the monkey pox testing market are:
• F. Hoffmann-La Roche AG_x000D_
• Thermo Fisher Scientific Inc._x000D_
• Abbott Laboratories_x000D_
• Becton Dickinson and Company_x000D_
• Mayo Clinic Laboratories_x000D_
Which Current Trends Are Having the Most Impact on the Monkey Pox Testing Market?
Prominent firms in the monkey pox testing industry are honing their focus on the advancement of diagnostic methods such as saliva-based tests, aiming for improved precision, convenience, and availability. The use of saliva samples in identifying the monkeypox virus is the basis of such saliva-based tests. For example, Flow Health, a US medical lab, introduced the saliva-based (polymerase chain reaction) PCR monkeypox test in July 2022. The introduction of this test has transformed the procedure of testing, offering a less invasive and more comfortable method for detecting the virus. This distinctive exam boasts high specificity and sensitivity, rapid amplification of genetic content, and compatibility with diverse applications. This test offers quantitative assessment of viral proportions and identifies pathogens directly, whilst also making sample gathering much easier. Notably, it enables testing before physical symptoms appear, vital for quick identification and curtailing virus dissemination.
Pre-order Your Report for Quick and Easy Delivery!
https://www.thebusinessresearchcompany.com/report/monkey-pox-testing-global-market-report
What Are the Major Categories and Their Growth Dynamics in the Monkey Pox Testing Market?
The monkey pox testing market covered in this report is segmented –
1) By Technology: Polymerase Chain Reaction (PCR), Lateral Flow Assay (LFA), Other Technologies
2) By Mode: Laboratory Testing, Point Of Care Testing
3) By End-Use: Hospitals And Clinics, Diagnostic Laboratories, Other End-Uses
Subsegments:
1) By Polymerase Chain Reaction (PCR): Real-Time PCR (qPCR), Reverse Transcription PCR (RT-PCR), Multiplex PCR
2) By Lateral Flow Assay (LFA): Immunochromatographic Lateral Flow Assays, Rapid Antigen Detection Kits
3) By Other Technologies: ELISA (Enzyme-Linked Immunosorbent Assay), CRISPR-based Testing, Serological Tests (Antibody Detection), Nucleic Acid Sequence-Based Amplification (NASBA)
Which Regions Are Key Players in the Growth of the Monkey Pox Testing Market?
North America was the largest region in the monkey pox testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the monkey pox testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Scope and Reach of the Monkey Pox Testing Market Defined?
Monkeypox testing refers to the diagnostic process used to detect the presence of the monkeypox virus in an individual. This testing is crucial for identifying and confirming cases of monkeypox, a viral zoonotic disease that can be transmitted from animals to humans and between humans.
Browse Through More Similar Reports By The Business Research Company:
Acute Bacterial Skin And Skin Structure Infections Global Market Report 2024
Hospital-Acquired Infection Control Global Market Report 2024
Infection Control Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/infection-control-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
