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How has the latex agglutination test kits market grown in recent years?

In recent times, the latex agglutination test kits market has made strong strides in terms of growth. The market which stood at $1.49 billion in 2024 is poised to swell to $1.6 billion in 2025, registering a compound annual growth rate (CAGR) of 7.4%. Factors such as a rise in infectious disease prevalence, heightened investment in diagnostic research and development, a more pronounced focus on infection control in healthcare establishments, and a growing acceptance of latex agglutination tests for assessing water quality have driven this substantial growth during the historic period.

How is the latex agglutination test kits market size expected to evolve during the forecast period?

In the years ahead, the latex agglutination test kits market is predicted to experience significant growth, reaching a value of $2.09 billion by 2029, with a compound annual growth rate (CAGR) of 7.0%. The anticipated growth during the forecast period can be credited to the increasing occurrence of infectious and autoimmune diseases, the growing use of quick and POC technology, an upswing in the adoption of point-of-care diagnostics, heightened awareness regarding sexually transmitted infections and a rise in respiratory tract infections. The notable trends forecasted for this period are technological advancements, the development of test strip technology, antigen tests, automated technologies and point-of-care testing.

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Which key drivers are propelling the latex agglutination test kits market’s growth?

The latex agglutination test kit market is predicted to experience growth, driven by the escalating rates of infectious diseases. These diseases, caused by pathogens such as bacteria, viruses, fungi, parasites, and prions, are increasing due to several factors. The rise can be attributed to globalization, the resistance to antimicrobials, urbanization, climate change, and population growth. The quick detection of various infectious diseases, like bacterial and viral infections, is often achieved using latex agglutination tests. For instance, the Centers for Disease Control and Prevention, a US-based national public health organization, reported a 5.9% increase in TB cases in the United States. This information pointed out that a total of 8,331 cases were reported in 2022, compared to 7,874 cases in 2021. Thus, the growth of the latex agglutination test kit market is propelled by the rising prevalence of infectious diseases.

What are the market segments in the latex agglutination test kits industry?

The latex agglutination test kits market covered in this report is segmented –

1) By Product Type: Enzyme Linked Immunosorbent Assay, Indirect Fluorescent, Hemagglutination Inhibition, Serum Neutralization

2) By Test Type: Antibody Detection, Antigen Testing

3) By Sample Type: Blood, Urine, Cerebrospinal Fluid, Other Sample Types

4) By Application: Hospitals, Diagnostic Centers, Specialty Clinics

Subsegments:

1) By Enzyme-Linked Immunosorbent Assay (Elisa) – Sandwich Elisa, Competitive Elisa, Indirect Elisa

2) By Indirect Fluorescent – Direct Immunofluorescence Assay (Difa), Indirect Immunofluorescence Assay (Ifa)

3) By Hemagglutination Inhibition – Virus-Specific Hemagglutination Inhibition Tests

4) By Serum Neutralization – Virus Neutralization Assays, Cytopathic Effect Neutralization Assays

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Which leading companies are shaping the growth of the latex agglutination test kits market?

Major companies operating in the latex agglutination test kits market are Cardinal Health Inc., Thermo Fisher Scientific Inc., Becton Dickinson and Company, bioMérieux SA, Bio-Rad Laboratories Inc., Hardy Diagnostics, Meridian Bioscience Inc., BioLegend Inc., ELITechGroup, Fujirebio, Sekisui Diagnostics LLC, R-Biopharm AG, Savyon Diagnostics Ltd., Creative Diagnostics, ZeptoMetrix Corporation, HiMedia Laboratories, DIALAB GmbH, Arlington Scientific Inc., Biotium Inc., Atlas Medical GmbH, Pro Lab Diagnostics Inc., Gold Standard Diagnostics Industrial Solutions

Which trends are expected to transform the latex agglutination test kits market?

Leading firms in the latex agglutination test kits market are concentrating on the development of diagnostic methods for foodborne diseases and environmental pollutants. They aim to introduce rapid and easy-to-use latex agglutination assay technologies. These innovations aim to improve disease identification and provide these companies with a competitive advantage. Quick and user-friendly latex agglutination assays simplify the process of detecting pathogens, and they offer rapid and direct identification in food and environmental specimens. For example, in March 2024, Gold Standard Diagnostics LLC, a US-based diagnostic organization, introduced Microgen rapid latex agglutination tests. This collection of swift, straightforward, and cost-effective techniques was designed by Gold Standard Diagnostics to confirm the presence of specific pathogens in food and environmental samples, such as Salmonella, Legionella, and Staphylococcus aureus colonies. These assays provide a highly sensitive and specific alternative to traditional culture procedures and can be finished in as little as two minutes. They can also be easily incorporated into lab workflows. These tests are so straightforward to use that laboratories can start using them immediately without needing special training or machinery.

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Which geographic areas are influencing the growth of the latex agglutination test kits market?

North America was the largest region in the latex agglutination test kits market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the latex agglutination test kits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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