The ‘Global Hepatitis E Diagnostic Tests Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global hepatitis E diagnostic tests market, assessing the market on the basis of its segments like test types, end-uses, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
Hepatitis E Diagnostic Tests Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2022): Around USD 65.4 Billion
• Forecast CAGR (2023-2028): 4.5%
• Forecast Market Size (2028): Nearly USD 84.7 Billion
A major driver of the global hepatitis E diagnostic tests market is the rise in the number of hepatitis E infections across the world. This disease is prevalent in areas with unsanitary water supply, which prompts the demand for its efficient diagnosis and treatment.
Increased consumption of pork and its related products is also expected to boost the risk of hepatitis E as HEV pathogens can be found primarily in pigs, further bolstering the demand for diagnostic tests. Increased awareness regarding several health risks caused by hepatitis E is also causing a surge in regular testing for hepatitis E.
Hospitals contribute vastly to the growth of the market owing to the increased number of tests conducted for hepatitis E virus. Hospitals can identify the early signs of the virus in the initial stages, which fuels the demand for diagnostic tests for quicker recovery of patients.
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HEV lgM test or Hepatitis E virus immunoglobulin test contributes significantly to the global hepatitis E diagnostic tests market share owing to its increased usage for detecting lgM antibodies during testing. Healthcare professionals in diagnostic centres and hospitals are readily implementing this testing method for recent infections, which makes it a preferable option for testing methods.
Hepatitis E Diagnostic Tests Industry Definition and Major Segments
Hepatitis E is a water-borne disease which causes inflammation of the liver due to the result of infection from the Hepatitis E virus (HEV) and usually occurs in places with poor sanitation. Diagnostic tests are conducted for the detection of hepatitis E virus in a person’s blood or stool sample and to ensure its timely treatment.
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On the basis of test type, the market is classified into:
• ELISA HEV IgM Test
• ELISA HEV IgG Test
• RT-PCR Test
Based on end-use, the hepatitis E diagnostic tests market is categorised into:
• Hospitals
• Diagnostic Centres
• Others
Based on region, the market is divided into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Hepatitis E Diagnostic Tests Market Trends
A key trend propelling the growth of the global hepatitis E diagnostic tests market is technological advancements in testing methods. The increased implementation of molecular diagnostics due to better accuracy and reduced testing time is a major market trend. Furthermore, research and development activities by the key market players to improve the efficiency of testing also fuel the market growth.
The growing adoption of point-of-care testing (POCT) in the diagnosis of hepatitis E is also a crucial market trend. It provides a convenient and quick method of obtaining results, which is expected to further promote the market growth.
Additionally, several government measures to raise awareness regarding the prevention and control of hepatitis E are also expected to positively influence the market value. These methods include improving the quality standard of water supply, developing a proper disposal system, and promoting regular diagnostic testing of the hepatitis E virus.
The Asia Pacific accounts for a substantial share of the global hepatitis E diagnostic tests market owing to the high prevalence of hepatitis E. Poor sanitation, shortage of safe drinking water and increased population density in many areas of developing economies have heightened the demand for diagnostic testing in the region.
Key Market Players
The major players in the global hepatitis E diagnostic tests market report are
• MP Biomedicals, LLC
• F. Hoffmann-La Roche Ltd
• Altona Diagnostics GmbH
• AccuBioTech Co., Ltd.
• Dia.Pro Diagnostic Bioprobes s.r.l
• Beijing Wantai
• Fortress Diagnostics
• Mikrogen GmbH.
• Primerdesign Ltd
• Gold Standard Diagnostics
• Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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