Unlocking Opportunities in the Virology Testing Market: Key Trends, Market Growth, and Forecast Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theVirology Testing Market?
The increasing occurrence of viral infections is anticipated to boost the expansion of the virology testing market. Viral infections, diseases caused by viruses — microscopic entities made of genetic material and enveloped by a protein layer — necessitate virology testing for accurate diagnosis, surveillance, research, and public health readiness. This testing not only identifies viral pathogens but also helps devise treatment plans, trace infection spread, and aid in the formulation of new interventions. The growing need for virology testing is due to the requirement to control viral infections effectively and lessen their consequences. For example, the GOV.UK, a UK government services and information provider, reported in September 2024 that between week 40 of 2023 and week 14 of 2024 in England, among available virological testing results, 708 incidents (53.3%) were recognized as SARS-CoV-2, followed by 472 incidents of influenza (35.5%), 68 incidents of RSV (5.1%), and 80 incidents (6.0%) of other viruses. Therefore, the escalating prevalence of viral infections is fueling the growth of the virology testing market.
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#What is the Anticipated CAGR of theVirology Testing Market, and What Factors Will Drive It?
The market size for virology testing has seen substantial growth in the past few years. The market, which was valued at $5.39 billion in 2024, is projected to reach $5.86 billion in 2025, representing a compound annual growth rate (CAGR) of 8.6%. The significant growth during this historical period can be traced back to the discovery of new and complicated viruses, a rise in infectious disease outbreaks, improvements in healthcare infrastructure, heightened awareness about the need for early virus detection, and an increase in point-of-care virology testing possibilities.
The market for virology testing is set to experience a significant increase in the coming years, with its value predicted to reach $8.82 billion by 2029, reflecting a compound annual growth rate (CAGR) of 10.8%. This predicted growth during the projected period is due to factors such as the use of next-generation sequencing in virology, the effects of climate change on the proliferation of vector-borne viruses, the increase in mobile and at-home virology testing options, embracing digital pathology in virology diagnostics, and the rising trend of harnessing big data for virology surveillance. Major forthcoming trends include the progression in molecular diagnostics technology, applying artificial intelligence in virology testing, the creation of innovative biomarkers for detecting viruses, the development of novel antiviral therapies and treatments, and a focus on utilizing sustainable and environmentally-friendly testing practices.
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What Key Market Trends and Innovations Are Shaping the Future of theVirology Testing Industry?
The escalating trend of innovation in products is becoming increasingly significant in the virology testing market. Many leading companies in this market sector are developing unique products to maintain their presence in the market. For example, in November 2022, an Italian medical equipment producer Sentinel CH. SpA unveiled their SENTiNAT 200, a system that is fully mechanized from sample-to-result, together with the STAT-NAT SN200 Real-Time PCR assays which quantitatively detect ten viruses. The SENTiNAT 200 platform combines the extraction of DNA and RNA, the setup of PCR, and the amplification, and it includes two thermal cyclers and the FastFinder analysis software. This platform provides an advantage to mid to large size labs involved in viral infection diagnosis by offering high throughput, automation, and adaptability. Features like intuitive software and a barcode reader help in reducing human error, and the facility of cloud-based data access quickens reporting time and enhances the controlling of results.
Which Companies Are Leading the Charge in Expanding theVirology Testing Market Growth?
Major companies operating in the virology testing market include Johnson & Johnson Services Inc., F. Hoffmann-La Roche AG, Merck & Co. Inc., Thermo Fisher Scientific Inc., Abbott Laboratories, Boehringer Ingelheim International GmbH, Siemens Healthineers AG, Eurofins Scientific SE, Agilent Technologies Inc., Grifols S.A., WuXi AppTec Co. Ltd., Hologic Inc., Sartorius AG, bioMerieux SA, Bio-Rad Laboratories Inc., Qiagen NV, Cepheid Inc, Eiken Chemical Co Ltd., DiaSorin SpA, Fujirebio Diagnostics Inc., Microbac Laboratories Inc., Trinity Biotech plc, Diamedix Corporation, Biospherix Ltd, Imquest Biosciences Inc, Novogene Co Ltd., Scienion AG, Vircell SL
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How is the Global Virology Testing Market Segemented?
The virology testing market covered in this report is segmented –
1) By Type: Instruments, Assay Kits And Consumables
2) By Diagnostic Technique: Molecular Diagnostics Method, Immunoassay Based Method, Mass Spectroscopy Based Method, Other Techniques
3) By Application: Skin And Soft Tissue Infections, Respiratory Tract Infections, Gastrointestinal Tract Infections, Urinary Tract Infection, Eye Infections, Sexually Transmitted Diseases, Perinatal Infections
4) By End User: Hospitals, Clinics, Laboratories, Diagnostic Centers, Blood Banks, Pharmacies
Subsegments:
1) By Instruments: PCR Machines, Sequencers, Microplate Readers, Immunoassay Analyzers
2) By Assay Kits And Consumables: PCR Assay Kits, ELISA Kits, Rapid Test Kits, Viral Culture Kits, Sample Collection Kits, Pipette Tips, Culture Media
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Which Geographics are Influencing the Growth of the Virology Testing Market?
North America was the largest region in the virology testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virology testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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