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on March 20, 2023
The prime objective of the market report is to provide a synopsis of theoretical structure and rational approach of the Arbovirus Testing Market, which additionally comprises the future market potential and in-depth knowledge of the statistics implicated in the development of the respective market. The Arbovirus Testing Market is estimated to elevate at a substantial rate in the foreseeable future. The market analysts predict that the Arbovirus Testing Market size will rise from US$ 1,255.5 Mn in 2022 to US$ 1,919.7 Mn by the year 2030, at an approximate CAGR of 5.4%. The base year considered for the study is 2021, and the market size is projected from 2023 to 2030. The comprehensive market knowledge approach even outs the criterion of the assessment findings that offers greater opportunities for the customers to put their best efforts.
The global arbovirus testing market is estimated to reach at a value of US$ 1,255.5 Mn by the end of 2022 and expected to reach at a value of US$ 1,919.7 Mn by 2030 with a significant CAGR of 5.4%
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Arbovirus Testing Introduction
Arbovirus, or Arthropod Borne Virus, can be understood as an infection induced by viruses that circulate to people via contaminated arthropods like ticks, mosquitoes, and others. The kinds of diseases which can spread through contaminated arthropods include St. Louis encephalitis, Chikungunya, California encephalitis, yellow fever, dengue, Eastern equine encephalitis, West Nile, Powassan, and Zika.
The insects that are likely to circulate arboviruses to humans can include fleas, ticks, gnats, and mosquitoes. The arbovirus varies in intensity of illnesses from zero symptoms to acute flu-like to serious symptoms.
Arbovirus Testing Market Dynamics
Notably, there are over 130 different kinds of arboviruses affecting humans. Majority of the people contaminated with arboviruses go through zero symptoms or acute signs of a headache, slight fever, and/or a skin rash, joint or muscle pain, which sort out with no severe health complexities. The serious infections are observed by a swift outset of headache, fever, confusion, tremors, seizures, paralysis, coma, or death.
One of the major factors that is majorly boosting the growth in the incidence of arbovirus among the population is that a massive chunk of population is residing in the high risk regions, which are mainly unhygienic regions. Owing to which, the global arbovirus testing market is projected to grow significantly in the future years.
In addition to that, the quick serology tests as well as integrated government initiatives is further expected to propel the growth of the global arbovirus testing market in the forthcoming years.
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Arbovirus Testing Market Segmentation
The arbovirus testing market is segmented on the basis of test type, end-user, and region.
By Test Type
- ELISA Based Tests
- RT-PCR Based Tests
- Others
By End-User
- Hospitals
- Public Health Laboratory
- Diagnostic Centers
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Arbovirus Testing Market Key Players
The key participating players of the global arbovirus testing market include Thermo Fisher Scientific, Inc., Diamedix Corporation, NovaTec Immundiagnostica GmbH, Euroimmun AG, Focus Diagnostics (Member of DiaSorin Group), Standard Diagnostics, Inc., IBL International (A Member of the Tecan Group), Alere, among others.
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