Pune, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Maximize Market Research is a leading market research company that has published a report on the “Hepatitis E Diagnostic Tests Market”. The report includes key business insights, demand analysis, pricing analysis, competitive landscape, and benchmarking of key market players. The report is beneficial for the industry investors, market players, and stakeholders to plan, and develop key business strategies to maintain their market presence in the global market. According to the analysis, the Hepatitis E Diagnostic Tests Market size was valued at USD 132.45 Million in 2021 and the total Hepatitis E Diagnostic Tests revenue is expected to grow at a CAGR of 3.8% from 2022 to 2029, reaching nearly USD 178.50 Million.
Hepatitis E Diagnostic Tests Market Scope and Research Methodology
The hepatitis e diagnostic tests market report emphasizes the industry's general dynamics, potential market, constraints, current market trends, and market restrictions, allowing users to identify business opportunities and market strategies to increase their global industry presence. The hepatitis e diagnostic tests market report estimates the revenue growth of the key players at the global and national levels, as well as an analysis of the most recent market trends in each sub-segment throughout the forecast period. The global hepatitis e diagnostic tests market report has been segmented based on test types, end-user, and region by MMR analysis to provide a conclusion analysis of the market players.
The hepatitis e diagnostic tests market report includes strategic profiling of the market's leading players, as well as a comprehensive analysis of their core competencies and business strategies such as new product launches, growths, agreements, joint ventures, partnerships, and acquisitions. MMR analysts may also deliver data as excel files and pivot tables to their customers, as well as aid them in generating presentations using the data sets included in the report. For market estimation and forecasting, the bottom-up strategy is applied. Data were collected from a wide sample using both primary and secondary research approaches to validate the findings. The MMR research also includes industry recommendations based on a thorough examination of the present competitive landscape in the hepatitis e diagnostic tests market.
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Hepatitis E Diagnostic Tests Market Overview
The Hepatitis E virus (HEV) is the leading cause of acute viral hepatitis all around the world. HEV is transmitted by infected food and water. Hepatitis E is classified as a travel-related illness. HEV is diagnosed by detecting viral RNA in the serum or feces. There is no specific treatment for Hepatitis E. HEV discovered in biological samples such as feces, serum, and liver biopsy using RNA analysis. Personal hygiene, secure public water supply, effective sanitary waste disposal, and food safety are the most important measures for preventing hepatitis virus transmission.
Hepatitis E Diagnostic Tests Market Dynamics
According to MMR research, the market for hepatitis E diagnostic tests is expected to grow significantly throughout the forecast period. The increasing global incidence of hepatitis E is expected to be the main growth driver for the market. Meanwhile, rising governmental programs increased hepatitis illness awareness, increased tourism, and the development of innovative diagnostic kits by prominent market players are likely to be important growth drivers for the hepatitis E diagnostic tests market.
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Hepatitis E Diagnostic Tests Market Regional Insights:
By 2029, the Asia-Pacific region is expected to lead the global hepatitis E Diagnostic Tests market. The region's high frequency of numerous infectious illnesses is expected to be the major cause of Hepatitis. As a result, the region's need for diagnostic testing is fast increasing. Hepatitis E infection is common in areas such as South Asia, Central, and Middle Asia, and Africa due to a lack of clean water, sanitation, hygiene, and health care. As a result, sales of hepatitis E diagnostic tests have increased substantially, resulting in an increase in the region's revenue share.
| Market Size in 2021 | USD 132.45 Million. |
| Market Size in 2029 | USD 178.50 Million. |
| CAGR | 3.8% (2022-2029) |
| Forecast Period | 2022-2029 |
| Base Year | 2021 |
| Number of Pages | 200 |
| No. of Tables | 125 |
| No. of Charts and Figures | 140 |
| Segment Covered | Test Type, and End-User |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics (Growth Drivers, Market Restraints, Potential Opportunities, Major Barriers), Investment Opportunities, Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis, PESTLE and PORTER Analysis, Governmental Initiatives, Regulations, and Laws. |
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Hepatitis E Diagnostic Tests Market Key Competitors include:
- Chemeurope (EU)
- Roche Holding AG (Switzerland)
- Fortress Diagnostics (United Kingdom)
- Altona Diagnostics GmbH (Germany)
- Beijing Wantai Biological Pharmacy Enterprise Co., Ltd. (China)
- Biokit S.A. (Spain)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Dia.Pro - Diagnostic Bioprobes s.r.l (Italy)
- Fast-track diagnostics Ltd. (Luxembourg)
- Fortress Diagnostics Limited (Ireland)
- Mikrogen GmBH (Germany)
- MP Biomedicals, LLC. (California)
- Primerdesign Ltd. (United Kingdom)
- PerkinElmer, Inc. (United States)
- ELITechGroup (France)
- Diagnostic Automation/Cortez Diagnostics, Inc., (California)
- ORGENTEC Diagnostika (Germany)
- EUROIMMUN Medizinische Labordiagnostika AG. (Germany)
- Abbott Laboratories (United States)
- Siemens Ag, (Germany).
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Key questions answered in the Hepatitis E Diagnostic Tests Market are:
- What are Hepatitis E Diagnostic Tests?
- What is the compound annual growth rate of the Hepatitis E Diagnostic Tests Market?
- Who are the key players in the Hepatitis E Diagnostic Tests Market?
- Which segment is expected to hold the highest market share in the Hepatitis E Diagnostic Tests Market?
- What are the factors affecting growth in the Hepatitis E Diagnostic Tests Market?
- What are the factors restraining the Hepatitis E Diagnostic Tests Market growth?
- Who held the largest market share in Hepatitis E Diagnostic Tests Market?
- What are the opportunities for the Hepatitis E Diagnostic Tests Market?
- What are the strategies used by competitors in the Hepatitis E Diagnostic Tests Market?
- What are the growth prospects in developing countries for the Hepatitis E Diagnostic Tests Market?
- Which segment is expected to witness the fastest growth and why in the Hepatitis E Diagnostic Tests Market?
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