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Hepatitis C Testing Market

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Hepatitis C Testing Market

Hepatitis C Testing Market By Technique (Polymerase Chain Reaction (PCR) and Immunoassays), By Test (Genotype Tests, Antibody Tests, and Viral Load Tests), By End User (Stand-alone Laboratories and Hospital-based Laboratories) - Global Outlook & Forecast 2022-2030

GR - 540200 Category: Biotechnology

Number of pages: 100  |  Report Format: PDF  |  Published date: November 02, 2022

Historical Years – 2020  |  Base Year – 2021  |  Forecasted Years – 2022-2030


Hepatitis C Testing Market Scope

Report Attribute

Details

Market size value in 2021

US$ 1.5 billion

Revenue forecast in 2030

US$ 2.42 billion

Growth Rate

CAGR of 5.5% from 2022 to 2030

Base year for estimation

2021

Forecast period

2022-2030

Segments covered

technique, test, end user, and region.

Regional scope

North America, Europe, Asia Pacific, and the Rest of the World (ROW)

Report Overview

The global hepatitis C testing market was pegged at US$ 1.5 billion in 2021 and is expected to witness a CAGR of 5.5% during the forecast period.

Market Fundamentals

A hepatitis C virus infection causes the viral illness hepatitis C(HCV). It is caused by encountering infected blood when using an infected needle, during surgery, during hazardous sexual behavior, etc. If not treated right away, it can become a chronic illness that damages the liver and causes inflammation. Hepatitis C testing is important because there are frequently no symptoms. The screening will assist in distinguishing HCV from hepatitis A and B and other forms of hepatitis.

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Market Dynamic

The main factor driving the global hepatitis C virus testing market is the increased incidence of hepatitis C virus infection. The main factor that contributes to hepatitis C virus infection is poor blood donation practices. Prior to organ donation, hepatitis C testing is necessary, and expanding organ donation programs around the world is anticipated to fuel future growth. Increased product introductions for hepatitis C virus testing also contribute to the expansion of the global market.

However, the global hepatitis C testing market is being constrained by inadequate insurance coverage for hepatitis C testing and restricted access to routine healthcare.

Market Ecosystem

The global hepatitis C testing market has been analyzed from three perspectives: technique, test, end user, and region.

Hepatitis C Testing Market by Technique

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Based on technique, the global hepatitis C testing market has been divided into, polymerase chain reaction (PCR) and immunoassays, and others. The polymerase chain reaction (PCR) segment dominates the global market. This is because of the accuracy provided by this technique and also because of the increasing prevalence of the hepatitis virus.

Hepatitis C Testing Market by Test

Based on the test, the global hepatitis C testing market is subdivided into, genotype tests, antibody tests, and viral load tests. The antibody test segment dominates the global market. This dominance is attributed to the benefits of antibody tests and advancements in the testing of the hepatitis C virus.

Hepatitis C Testing Market by End User

Based on the end user, the global hepatitis C testing market is subdivided into, stand-alone laboratories and hospital-based laboratories, and others. The hospital-based laboratories segment dominates the global market. This is because of the increased expenditure by hospitals in the diagnostics departments, large patient pool, and rise in the number of hospital-based laboratories.

Hepatitis C Testing Market by Region

Based on region, the global hepatitis C testing market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America dominates the hepatitis C testing market. This is attributed to the hepatitis C virus being the leading cause of morbidity and mortality in the region. This increased the demand for HCV testing hence boosting the market growth. Also, there is an increased prevalence of hepatitis infection amongst women with live births over the years.

Competitive Landscape

Some of the prominent players operating in the global hepatitis c testing market are: - 

  • Siemens Healthcare GmbH
  • Bio Rad Laboratories Inc.
  • Thermo Fisher Scientific Inc.
  • Bayer AG
  • OraSure Technologies, Inc.
  • Abbott Laboratories Inc.
  • Roche Diagnostics (H. Hoffman-La Roche Ltd.)
  • QIAGEN N.V.
  • STD Rapid Test Kits
  • AccuQuick
  • BioGenex

Strategic Developments

  • In November 2022, Gilead Sciences partnered with Health Advancement in Vietnam in order to address the challenges that limit the diagnosis of hepatitis B and C, in primary healthcare facilities in the Philippines and Vietnam.
  • In April 2019, Access Bio Inc. announced its newly developed rapid diagnostic kit for the diagnosis of the hepatitis C virus (HCV).

Frequently Asked Questions About This Report

The global hepatitis c testing market is expected to grow at a CAGR of 5.5% in the forecast period.

Roche Diagnostics, Abbott Laboratories, etc. are a few key players in the global hepatitis c testing market.

The antibody testing segment dominates the global hepatitis c testing market.

Asia Pacific region is expected to witness the highest global hepatitis c testing market growth in the forecast period.

Table of Content

  1. INTRODUCTION
    1. Market Ecosystem 
    2. Timeline Under Consideration
      1. Historical Years – 2020
      2. Base Year – 2021
      3. Forecasted Years – 2022 to 2030
    3. Currency Used in the Report
  2. RESEARCH METHODOLOGY 
    1. Research Approach
    2. Data Collection Methodology
    3. Data Sources
      1. Secondary Sources 
      2. Primary Sources 
    4. Market Estimation Approach
      1. Bottom Up 
      2. Top Down 
    5. Market Forecasting Model
    6. Limitations and Assumptions       
  3. PREMIUM INSIGHTS
    1. Current Market Trends (COVID-19 Perspective)
    2. Key Players & Competitive Positioning (2021) 
  4. MARKET DYNAMICS
    1. Drivers
    2. Restraints/Challenges
    3. Opportunities
  5. GLOBAL HEPATITIS C TESTING MARKET - ANALYSIS & FORECAST, BY TECHNIQUE
    1. Polymerase Chain Reaction (PCR)
    2. Immunoassays
    3. Others
  6. GLOBAL HEPATITIS C TESTING MARKET - ANALYSIS & FORECAST, BY TEST
    1. Genotype Tests
    2. Antibody Tests
    3. Viral Load Tests
  7. GLOBAL HEPATITIS C TESTING MARKET - ANALYSIS & FORECAST, BY END USER
    1. Stand-alone Laboratories
    2. Hospital-based Laboratories
    3. Others
  8. GLOBAL HEPATITIS C TESTING MARKET - ANALYSIS & FORECAST, BY REGION
    1. North America Hepatitis C Testing Market
      1. North America Hepatitis C Testing Market, by Technique 
      2. North America Hepatitis C Testing Market, by Test 
      3. North America Hepatitis C Testing Market, by End User
      4. North America Hepatitis C Testing Market, by Country
        1. U.S.
          1. U.S. Hepatitis C Testing Market, by Technique
          2. U.S. Hepatitis C Testing Market, by Test
          3. U.S. Hepatitis C Testing Market, by End User
        2. Canada
          1. Canada Hepatitis C Testing Market, by Technique
          2. Canada Hepatitis C Testing Market, by Test
          3. Canada Hepatitis C Testing Market, by End User
    2. Europe Hepatitis C Testing Market
      1. Europe Hepatitis C Testing Market, by Technique
      2. Europe Hepatitis C Testing Market, by Test
      3. Europe Hepatitis C Testing Market, by End User
      4. Europe Hepatitis C Testing Market, by Country/Region
        1. Germany
          1. Germany Hepatitis C Testing Market, by Technique 
          2. Germany Hepatitis C Testing Market, by Test 
          3. Germany Hepatitis C Testing Market, by End User
        2. U.K.
          1. U.K. Hepatitis C Testing Market, by Technique
          2. U.K. Hepatitis C Testing Market, by Test
          3. U.K. Hepatitis C Testing Market, by End User
        3. Spain
          1. Spain Hepatitis C Testing Market, by Technique
          2. Spain Hepatitis C Testing Market, by Test
          3. Spain Hepatitis C Testing Market, by End User
        4. Italy 
          1. Italy Hepatitis C Testing Market, by Technique
          2. Italy Hepatitis C Testing Market, by Test
          3. Italy Hepatitis C Testing Market, by End User
        5. France
          1. France Hepatitis C Testing Market, by Technique
          2. France Hepatitis C Testing Market, by Test
          3. France Hepatitis C Testing Market, by End User
        6. Rest of Europe 
          1. Rest of Europe Hepatitis C Testing Market, by Technique 
          2. Rest of Europe Hepatitis C Testing Market, by Test 
          3. Rest of Europe Hepatitis C Testing Market, by End User
    3. Asia Pacific Hepatitis C Testing Market
      1. Asia Pacific Hepatitis C Testing Market, by Technique 
      2. Asia Pacific Hepatitis C Testing Market, by Test 
      3. Asia Pacific Hepatitis C Testing Market, by End User
      4. Asia Pacific Hepatitis C Testing Market, by Country/Region
        1. China
          1. China Hepatitis C Testing Market, by Technique
          2. China Hepatitis C Testing Market, by Test
          3. China Hepatitis C Testing Market, by End User
        2. Japan
          1. Japan Hepatitis C Testing Market, by Technique
          2. Japan Hepatitis C Testing Market, by Test
          3. Japan Hepatitis C Testing Market, by End User
        3. India
          1. India Hepatitis C Testing Market, by Technique
          2. India Hepatitis C Testing Market, by Test
          3. India Hepatitis C Testing Market, by End User
        4. South Korea
          1. South Korea Hepatitis C Testing Market, by Technique 
          2. South Korea Hepatitis C Testing Market, by Test 
          3. South Korea Hepatitis C Testing Market, by End User
        5. Australia
          1. Australia Hepatitis C Testing Market, by Technique 
          2. Australia Hepatitis C Testing Market, by Test 
          3. Australia Hepatitis C Testing Market, by End User
        6. Rest of Asia Pacific 
          1. Rest of Asia Pacific Hepatitis C Testing Market, by Technique 
          2. Rest of Asia Pacific Hepatitis C Testing Market, by Test 
          3. Rest of Asia Pacific Hepatitis C Testing Market, by End User
    4. Rest of the World Hepatitis C Testing Market
      1. Rest of the World Hepatitis C Testing Market, By Region
        1. Rest of the World Hepatitis C Testing Market, by Technique 
        2. Rest of the World Hepatitis C Testing Market, by Test  
        3. Rest of the World Hepatitis C Testing Market, by End User
        4. Latin America
          1. Latin America Hepatitis C Testing Market, by Technique 
          2. Latin America Hepatitis C Testing Market, by Test 
          3. Latin America Hepatitis C Testing Market, by End User
        5. Middle East & Africa
          1. Middle East & Africa Hepatitis C Testing Market, by Technique 
          2. Middle East & Africa Hepatitis C Testing Market, by Test 
          3. Middle East & Africa Hepatitis C Testing Market, by End User
  9. COMPANY PROFILES              
    1. Siemens Healthcare GmbH
      1. Business Snapshot 
      2. Ingredient Procedures/Services Offered
      3. Financial Details*
      4. Strategic Developments
    2. Bio Rad Laboratories Inc.
    3. Thermo Fisher Scientific Inc.
    4. Bayer AG
    5. OraSure Technologies, Inc.
    6. Abbott Laboratories Inc.
    7. Roche Diagnostics (H. Hoffman-La Roche Ltd.)
    8. QIAGEN N.V.
    9. STD Rapid Test Kits
    10. AccuQuick
    11. BioGenex

 

*Insights on financial permanence is subject to availability of information in public domain


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