Market Size –
The typhoid antibody testing market size has grown strongly in recent years. It will grow from $7.27 billion in 2023 to $7.83 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to rising collaborative effort aimed at the development of new testing tools, rise in developing countries, increasing competition, cost effective diagnostic kits, and government support.
The typhoid antibody testing market size is expected to see strong growth in the next few years. It will grow to $10.61 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing prevalence of the disease, increasing rate of morbidity and mortality, travel-related testing, increasing healthcare spending, and growing awareness about typhoid fever among healthcare professionals and the public. Major trends in the forecast period include advanced technologies, global health initiatives, emphasis on outbreak preparedness and surveillance, growing work toward the development of novel typhoid antibody tests, and rise in healthcare spending.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/typhoid-antibody-testing-global-market-report
Scope Of Typhoid Antibody Testing Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Typhoid Antibody Testing Market Overview
Market Drivers –
The rise in waterborne diseases is expected to propel the growth of the typhoid antibody testing market going forward. Waterborne diseases refer to illnesses caused by pathogenic microorganisms transmitted through contaminated water. The rise in waterborne diseases is due to poor sanitation and hygiene, lack of access to clean drinking water, rapid urbanization, climate change, and agricultural runoff. Typhoid antibody testing helps in the early diagnosis, confirmation, and monitoring of treatment efficacy of typhoid fever, aiding in the identification of carriers and implementation of preventive measures, playing a crucial role in managing and controlling waterborne diseases. For instance, according to the Coalition against Typhoid, a US-based organization dedicated to preventing typhoid and other invasive salmonellosis, from January to August 2022, the Philippines recorded 7,681 typhoid (a waterborne disease) cases, marking a 109% increase compared to the same period in the previous year. Therefore, the rise in waterborne diseases is driving the growth of the typhoid antibody testing market.
Market Trends –
Major companies operating in the typhoid antibody testing market are focused on developing innovative products, such as molecular diagnostic tests, to enhance the accuracy and speed of typhoid fever diagnosis. Molecular diagnostic tests offer high sensitivity and specificity, allowing for accurate and rapid detection of pathogens like Salmonella Typhi in cases of typhoid fever. For instance, in April 2023, Vanguard Diagnostics, an India-based diagnostic reagent developer, launched the VANSCAN typhoid RT PCR test, a molecular diagnostic test using its patented technology. It is designed to detect and diagnose typhoid fever through a real-time PCR (RT-PCR) testing approach, which is more accurate and sensitive than traditional serological tests. The VANSCAN Typhoid RT PCR Test marks a significant advancement in typhoid diagnostics, establishing a new gold standard for early, accurate, and reliable disease detection in India and globally.
The typhoid antibody testing market covered in this report is segmented –
1) By Product Type: Rapid Serological Tests, Hem-agglutination And Co-agglutination, Counter Immunoelectrophoresis, Typhidot Test, Widal Test
2) By Paratyphi Type: Paratyphi A, Paratyphi B, Paratyphi C
3) By End-User: Hospitals, Serological Testing Centers, Clinics, Diagnostic Centers, Other End Users
Get an inside scoop of the typhoid antibody testing market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16815&type=smp
Regional Insights –
Asia-Pacific was the largest region in the typhoid antibody testing market in 2023. The regions covered in the typhoid antibody testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the typhoid antibody testing market are Thermo Fisher Scientific Inc. , Abbott Laboratories, Siemens Healthineers AG , Becton Dickinson and Company, Quest Diagnostics Inc., bioMerieux SA, Bio-Rad Laboratories Inc., DiaSorin S.p.A., Meridian Bioscience Inc., Sekisui Diagnostics, CTK Biotech Inc., Creative Diagnostics, Fortress Diagnostics Ltd., CerTest Biotec S.L, InBios International Inc., J. Mitra & Co. Pvt. Ltd, The Native Antigen Company, AroCell, AccuBioTech Co. Ltd, Vanguard Diagnostics private limited., Atlas Medical , Suburban Diagnostics India Private Limited, Biorex Diagnostics, Genebio Healthcare Private Limited, ICT Diagnostics
Table of Contents
1. Executive Summary
2. Typhoid Antibody Testing Market Report Structure
3. Typhoid Antibody Testing Market Trends And Strategies
4. Typhoid Antibody Testing Market – Macro Economic Scenario
5. Typhoid Antibody Testing Market Size And Growth
…..
27. Typhoid Antibody Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
