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What key factors are powering the surge in the rabies diagnostics market right now?

The market size for rabies diagnostics has experienced robust growth in the past years. The market is projected to rise from $1.68 billion in 2024 to $1.78 billion in 2025, with a compounded annual growth rate (CAGR) of 5.6%. Factors contributing to the historic growth include globalization and travel trends, the implementation of a one health approach, the development of regulatory standards, advancements in animal testing, and environmental factors.

How fast Is the rabies diagnostics market expected to grow, and what’s its future value?

The market size of rabies diagnostics is predicted to experience significant growth in the coming years, expanding to $2.31 billion by 2029 with a compound annual growth rate (CAGR) of 6.7%. This growth during the forecast period is primarily due to rising occurrences of rabies, environmental effects, cost effectiveness, research and development, and monitoring requirements. Key trends for the forecast period encompass government actions and immunization campaigns, globalization and travel increases, the one health strategy, public health worries, and remote and point-of-care diagnostics.

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What are the leading drivers of growth in the rabies diagnostics market?

The escalating cases of rabies are set to drive the development of the rabies diagnostics market. Rabies, a disease preventable through vaccination, spreads most effectively through the bite of an infected animal. Targeting the central nervous systems of mammals, the rabies virus can prompt serious brain damage and ultimately death. Diagnosis of rabies employs several specialized tests and procedures to identify the presence of the virus in humans and animals. Moreover, the surge in infectious diseases transmitted by animals has encouraged the need for rabies diagnostics. For instance, a report released by the Government of Canada, a federal authority based in Canada, in January 2023 showed that there were 135 rabies samples submitted in October 2022 and another 159 samples in November 2022. Hence, the growing pervasiveness of rabies is projected to fuel the rabies diagnostics market.

What are the key segments defining the rabies diagnostics market?

The rabies diagnostics market covered in this report is segmented –

1) By Diagnostic Method: Fluorescent Antibody Test, Immunohistochemical Test, Amplification Methods, Histologic Examination, Serology Tests

2) By Technology: ELISA Or Immunohistochemistry, Chromatography Techniques, PCR, Other Technologies

3) By End-User: Hospital, Diagnostic Centers, Cancer Palliative Care Clinics, Other End-Users

Subsegments:

1) By Fluorescent Antibody Test: Direct Fluorescent Antibody Test (DFA)

2) By Immunohistochemical: Enzyme-Linked Immunosorbent Assay (ELISA): Western Blotting

3) By Amplification Methods: Polymerase Chain Reaction (PCR), Reverse Transcription PCR (RT-PCR)

4) By Histologic Examination: Microscopic Examination, Tissue Staining Techniques

5) By Serology Tests: Virus Neutralization Test (VNT), Enzyme-Linked Immunosorbent Assay (ELISA)

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Who are the key players steering the development of the rabies diagnostics market?

Major companies operating in the rabies diagnostics market are Bio-Rad Laboratories Inc., The Merck Group, Aviva Systems Biology Corporation, Creative Diagnostics, Demeditec Diagnostics GmbH, Abbexa Ltd., Norgen Biotek Corp., BioNote Inc., Express Biotech International Inc., MyBioSource Inc., QIAGEN N.V., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Agilent Technologies Inc., Fluidigm Corp., Bio-X Diagnostics S.A., Fujirebio Diagnostics Inc., Gold Standard Diagnostics Corp., Heska Corporation, IDEXX Laboratories Inc., InBios International Inc., KHB Shanghai Kehua Bio-Engineering Co. Ltd., Meridian Bioscience Inc., MP Biomedicals LLC, Neogen Corporation, Randox Laboratories Ltd., SDIX LLC, Sigma-Aldrich Corporation, Virbac Animal health Pvt. Ltd., Zoetis Inc.

What emerging trends are influencing the growth of the rabies diagnostics market?

In the rabies diagnostics market, product innovation is rapidly becoming a prominent trend. Pharmaceutical manufacturers worldwide are adopting innovative and efficient testing methods derived from analytical chemistry, aimed at delivering precise and economically viable analytical solutions. These testing products are seamlessly incorporated into regular sample testing protocols. For example, in May 2022, Bio-Rad Laboratories Inc., a US-based company specializing in the creation and production of unique technology products, introduced the CFX Duet Real-Time PCR system. This clinical diagnostic device is engineered to assist researchers in formulating singleplex and duplex quantitative PCR (qPCR) tests. The product’s distinctive features encompass enhanced thermal performance, an exclusive patented optical shuttle system, and thermal gradient functionality for refinement.

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Which regions are most influential in expanding the rabies diagnostics market?

North America was the largest region in the rabies diagnostics market in 2024. The regions covered in the rabies diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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