Egypt Hepatitis C Testing Market to be Dominated by Antibody Test Through 2027
Increasing awareness about
the hepatitis C in peoples and unsafe iv injection practices are expected to
drive the demand for the Hepatitis C Testing Market in the forecast period,
2023-2027.
According to TechSci Research
report, “Egypt Hepatitis C
Testing Market - By Region, Competition Forecast and Opportunities, 2017-2027”, The Egypt Hepatitis C
Testing Market is projected to grow at a significant rate in the projected
period, 2023-2027The growing market, technological development in the molecular
investigation, and growth in biotechnology and biopharmaceutical industries are
expected to create a good market environment. According to NLM (national
library of medicine) estimation, there will be a downfall of 95% of HCV cases
compared to 2013 and going to reach 280,000 in 2030. The above data tells that
Hepatitis C is one of the significant reasons of death in Egypt and a worry for
citizens of Egypt. Increasing blood donation and transfusion activities,
increasing cases of hepatitis C, and awareness practices on hepatitis are going
to create demand for the hepatitis C testing market in the region.
Government and International
agencies are working according to their expertise, which results in increased
awareness and recovery of patients. Conducting the survey, establishing
national guidelines & treatment centers, and increasing funds for HCV
treatment by up to 90% are measures governments take to end the existence of
hepatitis C in the country. Organizations like WHO, the world bank, and NCCVH
are major players actively working on treating a patient suffering from
Hepatitis C. As per WHO, they are committed to reducing the number of hepatitis
C up to 95% compared to the existing number. Hence, during the projected
period, demand for hepatitis C testing is going to increase as the effort,
awareness, and initiatives create demands for treatment and testing kits. Thus,
the abovementioned factors will drive the growth and directly impact the Egypt
Hepatitis C Testing Market.
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data Figures spread through 70 Pages and an in-depth TOC on "Egypt
Hepatitis C Testing Market "
The Egypt
Hepatitis C Testing Market is segmented based on Tests, Techniques, and End
Users.
Based on the
Hepatitis C Test type, the market is divided into Antibody tests, Genotype
Tests, Viral Load Tests, and Others. The antibody test segment is expected to
hold the largest market share in 2022. The antibody test segment is the primary
screening process for testing hepatitis C, and most of the routine testing is
executed through this process.
Based on the End
User type, the market is divided into Hospitals & Clinics, Diagnostic
Laboratories, and Others. As per estimates, the diagnostic laboratories segment
is going to experience the highest market share during the forecast period.
Growing awareness and campaigns are making concern about the health led to performing
hepatitis C checkups at nearby diagnostic laboratories.
Based on the
technique type, the market is divided into Immunoassays, Polymerase Chain
Reaction (PCR), and Others. The immunoassays segment is expected to account for
a significant market share over the next projected years. Immunoassays are more
effective and accurate than PCR regarding results or testing performance.
Hence, it is expected to grow at an impressive rate in the projected year and
hold the largest market share.
Major operating
companies operating in Egypt Hepatitis C Testing Market are:
- D-Kimia Diagnostic Solutions
- Roche Egypt LLC
- Abbott Diagnostic Division Egypt
- Qiagen Egypt
- Siemens Healthineers Egypt
- Bio-Rad Laboratories Egypt
- Thermo Fischer Scientific Egypt
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Alexandria
is expected to dominate the Egypt market in the upcoming years because 80% more
cases are reported from this region. It is expected to increase cases due to
negligence of HAV vaccination during childhood and emerging hepatitis C genotypes.
Alexandria
is one of the largest urban areas in Egypt as per population, and increasing
cases are expected to impact the growth of the hepatitis C testing market
directly. Antibody test segments are expected to have the largest market share
in hepatitis C testing type due primarily to uses while testing.
Increasing
blood donation and transfusion activities, increasing cases of hepatitis C, and
awareness practices on hepatitis are significant reasons for the increasing
demand for testing kits for hepatitis C problems. Furthermore, the growing
market, technological development in molecular investigation, and development
in biotechnology and biopharmaceutical industries are factors that are going to
impact market growth in Egypt. All the factors mentioned above impact market
growth and create a favorable condition to propel the Egypt Hepatitis C testing
market growth until 2027.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Egypt Hepatitis C Testing Market - Global Industry
Size, Share, Trends, Opportunity, and Forecast, 2017-2027, By Test (Antibody Test,
Genotype Test, Viral Load Test, Others) By Technique (Immunoassays, Polymerase
Chain Reaction (PCR), Others), By End User (Hospitals & Clinics, Diagnostic
Laboratories, Others), By Region, Competition Forecast and Opportunities, 2027,
has evaluated the future growth
potential of Egypt Hepatitis C Testing Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Egypt Hepatitis C Testing market.
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