SHIGELLA TEST KIT MARKET ANALYSIS

Shigella Test Kit MarketSize and Trends

Global shigella test kit market size is estimated to be valued at US$ 106.4 Mn in 2023 and is expected to reach US$ 158.9 Mn by 2030, exhibiting a compound annual growth rate (CAGR) of 5.9% during the forecast period of 2023-2030. The market growth is attributed to the increasing prevalence of shigella infections worldwide and the rising demand for accurate and rapid diagnostic tests for the same. However, that market trends and forecasts are subject to change which are based on various factors such as economic, political, and environmental conditions, and needs cautious interpretation.

Global Shigella Test Kit Market Trends:

• Growing adoption of molecular diagnostic tests: Molecular diagnostic tests, such as PCR-based tests, are increasingly being adopted for the diagnosis of shigella infections due to their high sensitivity and specificity. This trend is likely to continue in the future, thus leading to the growth of the molecular diagnostic segment in the global shigella test kit market.
• Increasing use of lateral flow assays: Lateral flow assays are simple, rapid, and cost-effective diagnostic tests that are widely used for the diagnosis of shigella infections. The increasing adoption of lateral flow assays is expected to drive the global Shigella test kit market growth.
• Rising focus on point-of-care testing: Point-of-care testing for shigella infections is gaining popularity due to its ability to provide rapid and accurate diagnosis at the point of care. The increasing focus on point-of-care testing is likely to drive the global Shigella test kit market growth.
• Growing trend of home testing: Home testing for shigella infections is becoming increasingly popular due to the convenience that it offers. Market players are responding to this trend by developing and marketing home test kits for shigella infections, which are expected to drive the market growth.