Viral Diagnostic Test Kits Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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How has the viral diagnostic test kits market grown in recent years?
The market size for viral diagnostic test kits has seen significant expansion in recent years. A surge from $16.26 billion in 2024 to $17.62 billion in 2025 is anticipated, incorporating a compound annual growth rate (CAGR) of 8.4%. This upward trajectory during the past period is due to increased spending on healthcare, heightened global travel, a surge in chronic viral diseases, a growing demand for home-based testing kits, and the development of personalized medicine sectors.
How is the viral diagnostic test kits market size expected to evolve during the forecast period?
We anticipate robust growth in the market for viral diagnostic test kits in the coming years. The market is projected to expand to a size of $23.99 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.0%. This growth during the forecasted period can be linked to several factors such as increasing Ebola virus cases, growing cases of hemorrhagic fever, a rise in the prevalence of viral infections, an escalating number of respiratory syncytial virus cases, and an increase in hepatitis prevalence. Key trends to observe during the forecast period encompass technological progress, point-of-care testing, artificial intelligence and data analytics reliance, integration with digital health records, and the emergence of next-generation sequencing.
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Which key drivers are propelling the viral diagnostic test kits market’s growth?
The growth of the viral diagnostic test kits market is anticipated to be driven by the increasing incidences of viral infections. These infections, caused by minute viruses that multiply within host cells, can manifest in a variety of symptoms, ranging from mild to serious, affecting various parts of the body. Factors contributing to the escalating rate of viral infections include global travel, urbanization, climate change that impacts vector-borne diseases, and the emergence of new viral strains capable of sparking fresh outbreaks or spreading into uncharted regions. Viral diagnostic test kits play a pivotal role in diagnosing and confirming specific viral infections in patients by detecting viral nucleic acids (either RNA or DNA), antigens, or antibodies in biological samples such as blood, saliva or nasal swabs. For instance, the Centers for Disease Control and Prevention (CDC), a national public health body in the US, reported that in 2022, they documented 2,126 new cases of acute hepatitis B and 16,729 new chronic hepatitis B cases. Moreover, during the period, 14 jurisdictions across the US reported acute hepatitis B rates exceeding the national average. Consequently, the escalating rate of viral infections is fueling the expansion of the viral diagnostic test kits market.
What are the market segments in the viral diagnostic test kits industry?
The viral diagnostic test kits market covered in this report is segmented –
1) By Test: Traditional Tests, Rapid Test
2) By Test Type: Direct Fluorescent Antibody (DFA) Test, Immunochromatographic Assay, Reverse Transcriptase Polymerase Chain Reaction (RT-PCR) Based Test, Agglutination Assay, Solid Phase Assay, Flow Through Assay, Other Test Types
3) By End-User: Research Laboratories, Clinics, Hospitals, Other End Users
Subsegments:
1) By Traditional Tests: Enzyme-Linked Immunosorbent Assay (ELISA), Polymerase Chain Reaction (PCR) Tests, Western Blot, Viral Culture Testing
2) By Rapid Test: Lateral Flow Assays (LFA), Immunochromatographic Strip Tests, Reverse Transcription Loop-Mediated Isothermal Amplification (RT-LAMP), Rapid Antigen Tests
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Which leading companies are shaping the growth of the viral diagnostic test kits market?
Major companies operating in the viral diagnostic test kits market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Becton Dickinson and Company, Quest Diagnostics Incorporated, Grifols S.A., Hologic Inc., PerkinElmer Inc., bioMérieux SA, Quidel Corporation, Sysmex Corporation, Bio-Rad Laboratories Inc., QIAGEN N.V., Ortho Clinical Diagnostics, Myriad Genetics Inc., Seegene Inc., OraSure Technologies Inc., Meridian Bioscience Inc., DiaSorin S.p.A., Trinity Biotech plc, Biodesix Inc.
What are the key trends shaping the future of the viral diagnostic test kits market?
Leading firms in the viral diagnostic test kits market are pursuing innovative product design, such as virus detection kits, to maintain their market standing. A virus detection kit is a diagnostic tool developed to detect the presence of specific viruses in biological samples, providing prompt and precise results for effective disease management and monitoring. For example, BlueStain Global Ltd, a UK-based firm, launched a MPox virus detection kit in August 2024. The Bluestain MPox virus detection kit is a swift diagnostic test engineered to identify the mpox virus promptly and accurately, yielding results within 15 to 30 minutes. This novel kit aims to amplify public health responses by enabling early discovery and control of mpox outbreaks, particularly in areas with limited resources.
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Which geographic areas are influencing the growth of the viral diagnostic test kits market?
North America was the largest region in the viral diagnostic test kits market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the viral diagnostic test kits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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