Lucintel Forecasts the Global Virology Testing Market to Reach $12.5 billion by 2030
According to a market report by Lucintel, the future of the global virology testing market looks promising with opportunities in the hospital & clinic and diagnostic laboratory markets. The global virology testing market is expected to to reach an estimated $12.5 billion by 2030 with a CAGR of 1.5% from 2024 to 2030. The major drivers for this market are rising prevalence of viral diseases, increasing awareness of viral infections, and advancement in technology for detecting and curing viral diseases.
A more than 150 – page report is developed to understand Virology Testing Market Report: Trends, Forecast and Competitive Analysis to 2030.
In this market, molecular diagnostics method, immunoassay-based method, and mass spectroscopy-based method are the major segments of virology testing market by diagnostic technique. Lucintel forecasts that molecular diagnostics method is expected to witness highest growth over the forecast period due to advantages like increased specificity and accuracy while ensuring reduced diagnosis time.
Within this market, hospital & clinic will remain the largest segment due to wider range of patients with diverse healthcare needs.
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North America is expected to witness highest growth over the forecast period due to the quick uptake of cutting-edge testing and diagnostic techniques and increasing spending on healthcare in the region.
F. Hoffmann-La Roche, Bio-Rad Laboratories, Hologic, Abbot Healthcare, Fujirebio Diagnostics, Thermo Fisher Scientific, Cepheid, Qiagen, Diasorin, and Siemens Healthineers are the major suppliers in the virology testing market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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