The global hepatitis diagnostic tests market was worth US$ 3.8 Billion in 2018. Hepatitis represents a major global health threat that requires an urgent response. According to estimates, hepatitis causes 1.3 Million-1.5 Million deaths each year, a figure that is comparable to the deaths caused by tuberculosis and even higher than those caused by HIV. Moreover, while mortality from diseases such as HIV, tuberculosis, and malaria are now declining, mortality from hepatitis has been rising. According to estimates around 325-350 Million people across the globe are carriers of hepatitis B or C virus infections, which may remain asymptomatic for decades. Moreover, every year, around 1.75 Million people get infected by the hepatitis C virus infection. Unless these people receive timely testing and treatment, they are at risk of severe liver disease and even death. Diagnostic tests help in the early detection of hepatitis infections and increase the chances of survival of the patient by correct medication and treatment.
The global demand of hepatitis diagnostic tests is currently exhibiting strong growth. This market is currently being catalyzed by a number of factors such as the increasing burden of hepatitis across the globe, rising number of blood transfusions and donations, technological advancements and the advantages offered by PoC (Point of Care) test, and rising awareness levels. A major trend being witnessed in this market has been a shift from conventional testing methods to molecular diagnostics. This has resulted in an increased accuracy and reduced the total time required to get the results. Looking forward, the market value is projected to reach US$ 5.4 Billion by 2024, exhibiting a CAGR of 6% during 2019-2024.
Market Summary:
- Based on the test type, the market has been segmented into blood tests, imaging test and liver biopsy. Blood tests currently represent the biggest application. Blood tests are further segmented into liver function test, immunoassays, and nucleic acid tests. Liver function tests currently represent the biggest segment.
- Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa and Latin America. Amongst these, North America is the biggest market, accounting for the majority of the global market.
- The competitive landscape of the market has also been examined with some of the key players being Siemens AG, Abbott Laboratories, MedMira Inc, Qaigen Inc, Beckman Coulter Inc (Danaher Corporation), F. Hoffmann Roche, Diasorin S.p.A, bioMeriuex, Hologic Inc and Bio-Rad Laboratories Inc.
Key Questions Answered in This Report:
- How has the global hepatitis diagnostic tests market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global hepatitis diagnostic tests industry?
- What is the breakup of the global hepatitis diagnostic tests market on the basis of test type?
- What are the various stages in the value chain of the global hepatitis diagnostic tests market?
- What are the key driving factors and challenges in the global hepatitis diagnostic tests market?
- What is the structure of the global hepatitis diagnostic tests market and who are the key players?
- What is the degree of competition in the global hepatitis diagnostic tests market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Hepatitis Diagnostic Tests Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Test Type
5.4 Market Breakup by Region
5.5 Market Forecast
5.6 SWOT Analysis
5.6.1 Overview
5.6.2 Strengths
5.6.3 Weaknesses
5.6.4 Opportunities
5.6.5 Threats
5.7 Value Chain Analysis
5.8 Porters Five Forces Analysis
5.8.1 Overview
5.8.2 Bargaining Power of Buyers
5.8.3 Bargaining Power of Suppliers
5.8.4 Degree of Competition
5.8.5 Threat of New Entrants
5.8.6 Threat of Substitutes
5.9 Price Analysis
6 Market Breakup by Test Type
6.1 Blood Tests
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Imaging Test
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Liver Biopsy
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Region
7.1 North America
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Asia Pacific
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Europe
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Middle East and Africa
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Latin America
7.5.1 Market Trends
7.5.2 Market Forecast
8 Competitive Landscape
8.1 Market Structure
8.2 Key Players
8.3 Profiles of Key Players
8.3.1 Siemens AG
8.3.2 Abbott Laboratories
8.3.3 MedMira Inc
8.3.4 Qaigen Inc
8.3.5 Beckman Coulter Inc (Danaher Corporation)
8.3.6 F. Hoffmann Roche
8.3.7 Diasorin S.p.A
8.3.8 bioMeriuex
8.3.9 Hologic Inc
8.3.10 Bio-Rad Laboratories Inc
List of Figures
Figure 1: Global: Hepatitis Diagnostic Tests Market: Major Drivers and Challenges
Figure 2: Global: Hepatitis Diagnostic Tests Market: Sales Value (in Billion US$), 2013-2018
Figure 3: Global: Hepatitis Diagnostic Tests Market: Breakup by Test Type (in %), 2018
Figure 4: Global: Hepatitis Diagnostic Tests Market: Breakup by Region (in %), 2018
Figure 5: Global: Hepatitis Diagnostic Tests Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 6: Global: Hepatitis Diagnostic Tests Industry: SWOT Analysis
Figure 7: Global: Hepatitis Diagnostic Tests Industry: Value Chain Analysis
Figure 8: Global: Hepatitis Diagnostic Tests Industry: Porter’s Five Forces Analysis
Figure 9: Global: Hepatitis Diagnostic Tests (Blood Test) Market: Sales Value (in Million US$), 2013 & 2018
Figure 10: Global: Hepatitis Diagnostic Tests (Blood Tests) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 11: Global: Hepatitis Diagnostic Tests (Imaging Test) Market: Sales Value (in Million US$), 2013 & 2018
Figure 12: Global: Hepatitis Diagnostic Tests (Imaging Test) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Hepatitis Diagnostic Tests (Liver Biopsy) Market: Sales Value (in Million US$), 2013 & 2018
Figure 14: Global: Hepatitis Diagnostic Tests (Liver Biopsy) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: North America: Hepatitis Diagnostic Tests Market: Sales Value (in Million US$), 2013 & 2018
Figure 16: North America: Hepatitis Diagnostic Tests Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Asia Pacific: Hepatitis Diagnostic Tests Market: Sales Value (in Million US$), 2013 & 2018
Figure 18: Asia Pacific: Hepatitis Diagnostic Tests Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Europe: Hepatitis Diagnostic Tests Market: Sales Value (in Million US$), 2013 & 2018
Figure 20: Europe: Hepatitis Diagnostic Tests Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Middle East and Africa: Hepatitis Diagnostic Tests Market: Sales Value (in Million US$), 2013 & 2018
Figure 22: Middle East and Africa: Hepatitis Diagnostic Tests Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Latin America: Hepatitis Diagnostic Tests Market: Sales Value (in Million US$), 2013 & 2018
Figure 24: Latin America: Hepatitis Diagnostic Tests Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Hepatitis Diagnostic Tests Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Hepatitis Diagnostic Tests Market Forecast: Breakup by Test Type (in Million US$), 2019-2024
Table 3: Global: Hepatitis Diagnostic Tests Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 4: Global: Hepatitis Diagnostic Tests Market: Competitive Structure
Table 5: Global: Hepatitis Diagnostic Tests Market: Key Players