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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Serology Testing Market: By Test Type, By Application, By Technology, By End Users, and Geography.
Serology Testing Market size was valued at US$ 4,305.0 million in 2022 and is expected to grow at a CAGR of 14.0% from 2023 to 2029. The serological testing is used to diagnose and analyse various types disease causing viruses like rota virus infection, HIV, endotoxins and other infectious disease causing viruses. The increasing incidence of COVID cases and increasing healthcare expenditure across the globe is expected to drive the growth of serology testing market over the forecasted years. In addition increasing investments in research and developments for COVID analysis kits and the government initiatives supporting the research of this segment is expected to boost the market growth at an significant rate over the forecasted period. Furthermore, rising number of product launches and approval of serology testing kits are expected to fuel the market growth. However, shortage of serology testing kits, strict government regulations regarding the safety and high cost of serology testing kits are expected to hinder the market growth over the forecasted period. Moreover, increasing prevalence of diseases like HIV/AIDS, tuberculosis, hepatitis across the globe, increasing demand for ELISA test across the globe and increasing incidence of tuberculosis in geriatric population is expected to provide opportunities to the key market players in the growth of serology testing market over the forecasted period. Geographically, Asia Pacific region is expected to have a significant growth over the forecasted period due to the increasing awareness about the disease and high rate of infectious disease incidence in countries like India and China and rising per capita healthcare expenditure. The Europe region held the major market share in 2022 and is expected to dominate the global serology testing market in the forecasted years.
Serology Testing Market Key Developments:
Study Period
2024-2030Base Year
2023CAGR
14%Largest Market
EuropeFastest Growing Market
North America
Serology testing market is expected to grow over the forecasted period owing to the increasing prevalence of infectious disease across the globe. In addition, increasing investments in research and developments for COVID analysis kits and the government initiatives supporting the research of this segment is expected to boost the market growth at an significant rate over the forecasted period. Availability of well-developed healthcare infrastructure in emerging regions such as Europe, Asia Pacific is expected to fuel the market growth over the forecasted period. Furthermore, increase in research and product launches by the key market players is expected to fuel the market growth.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2022 |
US$ 4,305.0 million |
Market CAGR |
14% |
By Test Type |
|
By Application |
|
By Technology |
|
By End User |
|
By Region |
|
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Serology Testing market was valued at US$ 4,305.0 million in 2022, growing at a 14.0% CAGR from 2023 to 2029
Increasing prevalence of infectious diseases, rising investments in research and developments are expected to drive the growth of serology testing market over the forecasted period.
The leading players in the global Serology Testing market are F. Hoffmann La-Roche Ltd, Thermo Fisher Scientific, Inc., Beckman Coulter, Inc., ELI Tech Group, Becton, Dickinson and Company (BD), Abbott, Randox Laboratories Ltd., Quest Diagnostics, Serological Research Institute., Creative Diagnostics
Europe market is expected to hold major market share in the forecasted period. Followed by Asia Pacific region and North America region.
1.Executive Summary |
2.Global Serology Testing Market Introduction |
2.1.Global Serology Testing Market - Taxonomy |
2.2.Global Serology Testing Market - Definitions |
2.2.1.Test Type |
2.2.2.Application |
2.2.3.Technology |
2.2.4.End User |
2.2.5.Region |
3.Global Serology Testing Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Serology Testing Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Serology Testing Market By Test Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
5.1. Primary Serological Tests |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Secondary Serological Tests |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Tertiary Binding Tests |
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6.Global Serology Testing Market By Application , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
6.1. Rotavirus Infections |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Hepatitis |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. HIV |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Endotoxins |
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Therapeutic Drug Monitoring |
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Immunoglobin G |
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Others |
6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
7.Global Serology Testing Market By Technology, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
7.1. ELISA |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. NAT |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. CLIA/CMIA |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Others |
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8.Global Serology Testing Market By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
8.1. Hospital and Clinics |
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Diagnostic Laboratories |
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Others |
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
9.Global Serology Testing Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10.North America Serology Testing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
10.1. Test Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Primary Serological Tests |
10.1.2.Secondary Serological Tests |
10.1.3.Tertiary Binding Tests |
10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Rotavirus Infections |
10.2.2.Hepatitis |
10.2.3.HIV |
10.2.4.Endotoxins |
10.2.5.Therapeutic Drug Monitoring |
10.2.6.Immunoglobin G |
10.2.7.Others |
10.3. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.ELISA |
10.3.2.NAT |
10.3.3.CLIA/CMIA |
10.3.4.Others |
10.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Hospital and Clinics |
10.4.2.Diagnostic Laboratories |
10.4.3.Others |
10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11.Europe Serology Testing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
11.1. Test Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Primary Serological Tests |
11.1.2.Secondary Serological Tests |
11.1.3.Tertiary Binding Tests |
11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Rotavirus Infections |
11.2.2.Hepatitis |
11.2.3.HIV |
11.2.4.Endotoxins |
11.2.5.Therapeutic Drug Monitoring |
11.2.6.Immunoglobin G |
11.2.7.Others |
11.3. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.ELISA |
11.3.2.NAT |
11.3.3.CLIA/CMIA |
11.3.4.Others |
11.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Hospital and Clinics |
11.4.2.Diagnostic Laboratories |
11.4.3.Others |
11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12.Asia Pacific (APAC) Serology Testing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
12.1. Test Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Primary Serological Tests |
12.1.2.Secondary Serological Tests |
12.1.3.Tertiary Binding Tests |
12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Rotavirus Infections |
12.2.2.Hepatitis |
12.2.3.HIV |
12.2.4.Endotoxins |
12.2.5.Therapeutic Drug Monitoring |
12.2.6.Immunoglobin G |
12.2.7.Others |
12.3. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.ELISA |
12.3.2.NAT |
12.3.3.CLIA/CMIA |
12.3.4.Others |
12.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Hospital and Clinics |
12.4.2.Diagnostic Laboratories |
12.4.3.Others |
12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13.Middle East and Africa (MEA) Serology Testing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
13.1. Test Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Primary Serological Tests |
13.1.2.Secondary Serological Tests |
13.1.3.Tertiary Binding Tests |
13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Rotavirus Infections |
13.2.2.Hepatitis |
13.2.3.HIV |
13.2.4.Endotoxins |
13.2.5.Therapeutic Drug Monitoring |
13.2.6.Immunoglobin G |
13.2.7.Others |
13.3. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.ELISA |
13.3.2.NAT |
13.3.3.CLIA/CMIA |
13.3.4.Others |
13.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Hospital and Clinics |
13.4.2.Diagnostic Laboratories |
13.4.3.Others |
13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14.Latin America Serology Testing Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
14.1. Test Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Primary Serological Tests |
14.1.2.Secondary Serological Tests |
14.1.3.Tertiary Binding Tests |
14.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Rotavirus Infections |
14.2.2.Hepatitis |
14.2.3.HIV |
14.2.4.Endotoxins |
14.2.5.Therapeutic Drug Monitoring |
14.2.6.Immunoglobin G |
14.2.7.Others |
14.3. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.ELISA |
14.3.2.NAT |
14.3.3.CLIA/CMIA |
14.3.4.Others |
14.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Hospital and Clinics |
14.4.2.Diagnostic Laboratories |
14.4.3.Others |
14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.F. Hoffmann La-Roche Ltd |
15.2.2.Thermo Fisher Scientific, Inc. |
15.2.3.Beckman Coulter, Inc. |
15.2.4.ELI Tech Group |
15.2.5.Becton, Dickinson and Company (BD) |
15.2.6.Abbott |
15.2.7.Randox Laboratories Ltd. |
15.2.8.Quest Diagnostics |
15.2.9.Serological Research Institute. |
15.2.10.Creative Diagnostics |
16. Research Methodology |
17. Appendix and Abbreviations |
Key Market Players