Arbovirus Testing Market Expected to Cross US$ 1.5 Bn by 2025
Arbovirus Testing Market By test type, ELISA-based tests segment is the largest with respect to market share. According to Persistence Market Research, this segment is expected to reach a value of just under US$ 895 Mn by the end of the year of assessment. The RT-PCR based tests segment is projected to grow at the highest rate to register a CAGR of 6.0% throughout the forecast period.
Arbovirus Testing Market By test type, ELISA-based tests segment is the largest with respect to market share. According to Persistence Market Research, this segment is expected to reach a value of just under US$ 895 Mn by the end of the year of assessment. The RT-PCR based tests segment is projected to grow at the highest rate to register a CAGR of 6.0% throughout the forecast period.
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Global <strong>Market</strong> Study<br />
on <strong>Arbovirus</strong> <strong>Testing</strong>:<br />
Hospitals <strong>to</strong> Remain<br />
Second Most Lucrative End User Segment Through <strong>2025</strong><br />
After carrying out thorough research on arbovirus testing, Persistence <strong>Market</strong><br />
Research has come up with interesting insights on the global market and has a<br />
published a new research report titled “<strong>Arbovirus</strong> <strong>Testing</strong> <strong>Market</strong>: Global<br />
Industry Analysis (2012-2016) and Forecast (2017-<strong>2025</strong>)”. The analytical<br />
research study covers various trends, restraints, developments and challenges in<br />
the arbovirus testing market. The research study covers weighted analysis on<br />
every segment of the arbovirus testing market thus delivering a realistic market<br />
scenario that can be used <strong>to</strong> assess future moves from a strategic standpoint.<br />
The future market projections have been carried out for a period of eight years<br />
from 2017 till <strong>2025</strong>.<br />
Global <strong>Arbovirus</strong> <strong>Testing</strong> <strong>Market</strong>: Forecast Highlights<br />
According <strong>to</strong> Persistence <strong>Market</strong> Research estimates, the global arbovirus<br />
testing market is anticipated <strong>to</strong> reach a significant value <strong>by</strong> <strong>2025</strong> end. In 2017,<br />
the valuation of the global arbovirus testing market s<strong>to</strong>od at about <strong>US$</strong> 970 Mn<br />
and is expected <strong>to</strong> reach a value of more than <strong>US$</strong> <strong>1.5</strong> <strong>Bn</strong> <strong>by</strong> the end of the year<br />
of assessment. The global arbovirus testing market is projected <strong>to</strong> expand at a<br />
value CAGR of 5.6% throughout the period of forecast, 2017-<strong>2025</strong>.<br />
Global <strong>Arbovirus</strong> <strong>Testing</strong> <strong>Market</strong>: Segmentation Analysis<br />
The global market for arbovirus testing is segmented on the basis of test type,<br />
end user and region.<br />
By test type, ELISA-based tests segment is the largest with respect <strong>to</strong> market<br />
share. According <strong>to</strong> Persistence <strong>Market</strong> Research, this segment is expected <strong>to</strong><br />
reach a value of just under <strong>US$</strong> 895 Mn <strong>by</strong> the end of the year of assessment.<br />
The RT-PCR based tests segment is projected <strong>to</strong> grow at the highest rate <strong>to</strong><br />
register a CAGR of 6.0% throughout the forecast period.
By region, Asia Pacific (APAC) is highly lucrative for the growth of the<br />
arbovirus testing market. The arbovirus testing market in Asia Pacific is<br />
expected <strong>to</strong> show a higher market estimation of <strong>US$</strong> 421.8 Mn <strong>by</strong> <strong>2025</strong> end. On<br />
the other hand, the arbovirus testing market in the Middle East and Africa<br />
region is the second largest and is poised <strong>to</strong> register the highest CAGR of 6.5%<br />
during the period of forecast.<br />
By end user, the public health labora<strong>to</strong>ry segment is expected <strong>to</strong> dominate the<br />
global market with a high market valuation. This segment is also poised <strong>to</strong><br />
reflect a high CAGR of 6.2% throughout the forecast period and witness high<br />
growth potential in the coming years.<br />
Request and Download Sample Report@<br />
https://www.persistencemarketresearch.com/samples/17032<br />
Global <strong>Arbovirus</strong> <strong>Testing</strong> <strong>Market</strong>: Dynamics Impacting Growth<br />
There are several fac<strong>to</strong>rs impacting the growth of the global market for<br />
arbovirus testing. Aspects such as increasing prevalence of arbovirus, rapid<br />
serology tests, integrated government initiatives, development of microarray<br />
technology, high risk quotient with regions having huge population calling for<br />
arbovirus testing and increasing incidence rate are pushing the growth of the<br />
global arbovirus testing market. However, fac<strong>to</strong>rs such as difficulties in<br />
differential diagnosis, under-diagnosis of arbovirus, syndromic approach <strong>to</strong><br />
arbovirus diagnosis, lack of awareness and limited availability of diagnostic<br />
testing procedures in various regions are posing hindrances <strong>to</strong> the growth of the<br />
global arbovirus testing market.<br />
Global <strong>Arbovirus</strong> <strong>Testing</strong> <strong>Market</strong>: Competitive Assessment<br />
The fact based and extensive research report on the global arbovirus testing<br />
market includes detailed analysis on various key players involved in arbovirus<br />
testing. Profiles of <strong>to</strong>p companies such as Thermo Fisher Scientific, Inc., Roche<br />
Molecular Systems Inc., Abbott Labora<strong>to</strong>ries, InBios International, Inc.,<br />
NovaTec Immundiagnostica GmbH, Euroimmun AG (Sub. PerkinElmer),<br />
Quest Diagnostics and Certest Biotec S.L. are analyzed and included in this<br />
market study.<br />
Report overview @ https://www.persistencemarketresearch.com/marketresearch/arbovirus-testing-market.asp
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