Hepatitis Diagnostic Tests Market - By Product (Instruments, Reagents & Kits), By Technology (Enzyme-Linked Immunosorbent Assay, Rapid diagnostic tests, Polymerase Chain Reaction), By Test Type (Blood Test, Imaging Test), By End-use & Forecast, 2023 – 2032
Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationHepatitis Diagnostic Tests Market Size
Hepatitis Diagnostic Tests Market size was valued at around USD 3.4 billion in 2022 and is projected to witness over 5.8% CAGR from 2023 to 2032. Increasing prevalence of hepatitis is expected to augment the market growth.
Rising awareness regarding availability of several diagnostic tests for hepatitis screening has surged the market progress. Technological advancements pertaining to these diagnostic tests have fuelled the screening of blood sample, thereby resulting in better diagnosis and treatment. Availability of advanced detection techniques such as molecular diagnostics, nucleic acid assays, rapid diagnostic tests (RDTs) etc. is spurring the overall market revenue.
Hepatitis diagnostic tests are medical tests intended to detect the presence of hepatitis viruses and evaluate the extent of inflammation or damage of the liver caused by the virus. These tests detect antibodies or antigens associated with different types of hepatitis and measure various enzymes and proteins produced by the liver.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Hepatitis Diagnostic Tests Market Size in 2022 | USD 3.4 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 5.8% |
| 2032 Value Projection | USD 5.9 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 185 |
| Tables, Charts & Figures | 520 |
| Segments covered | Product, Technology, Test Type, End-use, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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Hepatitis is a serious liver disease, and early diagnosis is crucial. However, many people in resource-limited areas face a big problemgetting tested is expensive and often not available. This is a major concern, as untreated hepatitis can lead to severe health issues in the long run. The cost of testing, especially for hepatitis B and C, is often too high for people in developing countries. And the rising demand for hepatitis screening in blood banks is only making the situation worse, as it increases the need for these costly kits and devices.
Impact of COVID-19 Pandemic
The onset of the COVID-19 pandemic was an unprecedented event impacting the public health and led to an incremental surge in the number of hospitalizations. The coronavirus outbreak proliferated the disease burden and hampered several global businesses including the healthcare sector, during 2020 & initial phase of 2021. This has resulted in delay or postponing several medical and diagnostics procedures. The COVID-19 pandemic had a negative impact on the market, as it impacted several factors such as blood donation and other healthcare services catering to the screening of samples with hepatitis virus.
Hepatitis Diagnostic Tests Market Trends
Hepatitis is a serious liver infection that affects many people globally, causing liver damage and potentially leading to life-threatening conditions like cirrhosis and cancer. Unfortunately, many people lack awareness about this disease and the treatment options available, which contributes to the increasing number of patients struggling with hepatitis. Limited access to testing and diagnosis also plays a role in the surge of hepatitis cases. But there's hope! Governments and health organizations are stepping up with awareness campaigns and disease screenings, while diagnostic companies are making tests more affordable. These efforts aim to make sure people have the information and tools they need to fight hepatitis and improve their health outcomes.
Hepatitis Diagnostic Tests Market Analysis
When it comes to hepatitis diagnostic tests, there are two main product categoriesreagents and kits, and instruments. In 2022, the reagents and kits segment had the biggest piece of the market pie, with sales of around $2.3 billion. There are a few reasons why reagents and kits are so popular. First, they're really good at finding and diagnosing hepatitis B and C viruses. They can pick up even tiny amounts of the virus in a sample, even in the early stages of infection. Another plus is that reagents and kits give results quickly. This means doctors can diagnose and start treating patients faster, which can make a big difference in preventing the disease from getting worse.
Additionally, raising number of blood donations has resulted in demand for faster clinical outcomes and these reagents and kits are designed to perform high volume diagnostic test and are ideal for large-scale screening programs. Therefore, due to several benefits offered by reagents & kits is expected to propel the market development.
Based on technology the hepatitis diagnostic tests market is segmented as enzyme-linked immunosorbent assay (ELISA), rapid diagnostic tests (RDTs), polymerase chain reaction (PCR), isothermal nucleic acid amplification test (INAAT) and others. The enzyme-linked immunosorbent assay held a dominant market share in 2022 and is anticipated to grow at a lucrative pace by 2032.
Enzyme-linked immunosorbent assay (ELISA) is intended for the diagnostic test for hepatitis, particularly for hepatitis B and C. This technology uses antibodies to detect the presence of viral antigens or antibodies in a patient's blood or serum. ELISA is a highly sensitive and specific test for the detection of hepatitis virus infections. It can be used for both screening and confirmatory testing to provide a comprehensive diagnostic evaluation. Therefore, owing to several advantages offered by ELISA is estimated to increase the product acceptance rate in several countries worldwide.
Based on test type the hepatitis diagnostic tests market is segmented as blood tests, imaging test and liver biopsy. Blood tests is further segmented as liver function tests, immunoassays and nucleic acid tests. The blood tests segment held a major revenue share with over 45% in 2022. This majority market share is driven by several clinical benefits offered by blood tests in the diagnosis and treatment of hepatitis, thereby preventing chronic ailments. Blood tests can detect the presence of symptomatic hepatitis virus and accurately differentiate between different types of hepatitis viruses.
Additionally, tests help to identify infected individuals and measure the effectiveness of antiviral therapy and track disease progression over time. Therefore, blood tests for hepatitis screening are an essential tool for the early detection and diagnosis of hepatitis virus infections. They are highly accurate, non-invasive, and can be used for monitoring treatment and preventing transmission. Thus, the high-quality blood tests and growing number of blood donations are anticipated to expedite the business growth.
Based on end-use the hepatitis diagnostic tests market is segmented as hospitals, diagnostic laboratories, and others. Hospitals segment held 35% business share in 2022 and is projected to grow at a rapid pace by 2032. This is attributable to the increased usage of hepatitis diagnostic tests in hospital settings, that is foreseen to increase patients' choice for hospitals by providing better results. Growing admissions with target disorders comprising chronic diseases and surging disease screening initiatives coupled with the accessibility of highly skilled healthcare professionals are some other attributes that are propelling the industry landscape.
Additionally, the high chronic disease incidence in developed countries with robust healthcare infrastructure is projected to positively impact segment expansion. Surging hepatitis B and C cases, liver cirrhosis and other disorder prevalence will significantly propel the diagnostic test rate at hospitals. Thus, accessibility to better treatment & diagnosis coupled with the rising prevalence of hepatitis and associated conditions is estimated to boost patient visits to hospitals.
North American hepatitis diagnostic tests market crossed USD 1.4 billion in 2022. This majority market share is attributable to several factors such as the growing prevalence of hepatitis and related chronic diseases, rising healthcare expenditure along with growing product adoption across the country. The adoption of cutting-edge technologies is facilitated by the involvement of major stakeholders, that helps in the region's industrial development. The high prevalence of hepatitis C and the rising hospital admission in the region emphasize the growing need for blood transfusion in related procedures.
Furthermore, approximately 17,000 new Hepatitis C cases are estimated to witness each year in the U.S. Moreover, the availability of advanced technologies that enhance the quality of hepatitis diagnostic tests foster the development of the regional market.
Hepatitis Diagnostic Tests Market Share
Some of the major industry players operating in the hepatitis diagnostic tests market are
- Abbott Laboratories
- Analytik Jena
- Autobio Diagnostics
- Bio-Mérieux
- Danher Corporation
- DiaSorin
- Grifols SA
- Hologic Inc.
- MedMira Inc
- Ortho-Clinical Diagnostics
- Qualpro Diagnostics
- Roche Molecular Diagnostics
- Siemens Healthcare
- Sysmex Corporation
These players focus on strategic partnerships, new product launch & commercialization for market expansion.
Hepatitis Diagnostic Tests Industry News
- In July 2022, Roche announced the launch of Elecsys HCV Duo immunoassay for the hepatitis C diagnostic test. Elecsys HCV Duo immunoassay is intended to determine hepatitis C virus (HCV) antigen and antibody status from a single human plasma or serum sample. The launch of this innovative dual antigen and antibody diagnostic test has helped the company to enhance their product portfolio and increase their business revenue.
- In February 2019, Abbott announced that they had received CE Mark approval for Determine HBsAg 2, a rapid diagnostic test for the detection of hepatitis B surface antigen. This test is an in-vitro, visually read, qualitative immunoassay for the detection of HBsAg in serum, plasma or whole blood and provides rapid and accurate results with analytical sensitivity. This regulatory approval helped the company to enhance their geographical presence and increase their customer base.
Hepatitis diagnostic tests market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments
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By Product, 2018 - 2032 (USD Million & Units)
- Instruments
- Reagents & Kits
By Technology, 2018 - 2032 (USD Million)
- Enzyme-Linked Immunosorbent Assay (ELISA)
- Rapid diagnostic tests (RDTs)
- Polymerase Chain Reaction (PCR)
- Isothermal Nucleic Acid Amplification Test (INAAT)
- Others
By Test Type, 2018 - 2032 (USD Million)
- Blood Tests
- Liver Function Tests
- Immunoassays
- Nucleic Acid Tests
- Imaging Test
- Liver Biopsy
By End-use, 2018 - 2032 (USD Million)
- Hospitals
- Diagnostic Laboratories
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Poland
- Belgium
- The Netherland
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Philippines
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Colombia
- Peru
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Israel
- Turkey
- Egypt
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