Monkeypox Testing Market by Technology (Lateral Flow Assay, Polymerase Chain Reaction), by End-user (Diagnostic Laboratories, Hospitals & Clinics), and by Region - Global Forecast to 2023-2033

The monkeypox testing market size is estimated to be USD 192.54 million in 2022 and is expected to witness a CAGR of 5.32% during the forecast period 2023-2033. Rising incidence of medical conditions globally, challenges in determining the primary cause of the development of the disease and government efforts to stop the virus’s spread and prevent the emergence of another pandemic are projected to drive the market growth in near future. Furthermore, increasing capacity of testing and rising acceptance of PCR test is projected to support the market growth. However, lack of awareness and high cost of testing is predicted to limit market growth are expected to restrain the market growth.

Increasing capacity of testing is expected to propel the market growth. The fact that a treatment for the disease is being researched makes it even more critical to enhance testing, making the expansion of testing capacity important. For instance, the Department of Health and Human Services (HHS) and the Centers for Disease Control and Prevention (CDC) began shipping orthopoxvirus tests to five private laboratory companies, including the largest reference laboratories in the nation, in June 2022 to quickly increase the capacity for monkeypox testing.

Rising acceptance of PCR test is projected to fuel the market growth. The use of PCR in numerous tests on the market has increased the acceptance of PCR diagnostics. For instance, Sonic Healthcare USA declared the availability of monkeypox testing in July 2022. Furthermore, in July 2022, Quest Diagnostics announced the countrywide availability of the lab-developed molecular diagnostic test by the organization to aid in the diagnosis of the monkeypox virus. The company also highlighted plans to introduce the CDC’s orthopoxvirus test in the first half of August.

Segmentation

 By Technology

The market is categorized into lateral flow assay, polymerase chain reaction, and others. In 2022, the polymerase chain reaction accounted for the highest revenue share due to the fast and accurate findings provided by the PCR technique. Additionally, the majority of test kits on the market use PCR-based analysis. For instance, Fulgent Genetics introduced PCR-based diagnostics for the identification of monkeypox in August 2022. Additionally, through the CDC collaboration, LabCorp developed a PCR-based monkeypox detection test in July 2022. The lateral flow assay technique segment is anticipated to grow at a profitable CAGR over the forecast period due to the rising demand for quick tests and advanced detection kits. The technology used in diagnostics is improving as a result of research and technical developments. For instance, JOYSBIO released two monkeypox test kits in August 2022 that both provide findings in under 15 minutes.

 By End User

The market is categorized into diagnostic laboratories, hospitals & clinics, and others. In the global market, the hospitals & clinics segment accounted for the largest revenue share in 2022 owing to growing adoption of testing in these healthcare institutions and the rising incidence of infection in the general population. On the other hand, the diagnostic laboratories segment is anticipated to increase at the quickest rate during the projection period owing to increasing concerns about the virus’s rapid global transmission and surge in R&D activities. For instance, the FDA released guidelines in September 2022 to encourage the development of tests for monkeypox testing. In consequence, it is predicted that this will make developing laboratory-developed tests easier.

Regional Markets

In 2022, North America region accounted for the highest revenue in the monkeypox testing market and is expected to maintain its dominance during the forecast period. This is attributed to rising incidence of monkeypox. According to the CDC, 21,274 cases from the U.S. were recorded out of a total of 56,026 cases reported worldwide. For instance, in July 2022, Labcorp announced testing for monkeypox using the U.S. CDC orthopoxvirus test, which identifies all orthopoxviruses unrelated to smallpox, including monkeypox. Labcorp was the first national laboratory to offer a monkeypox test. Europe area is also anticipated to experience significant growth over the course of the projection period. The existence of countries with the greatest prevalence and spread of the virus is responsible for the expansion. To prevent the disease’s rising prevalence, several nations are enhancing their diagnostic capabilities.

Competitor Insights

Some of the key players operating in the monkeypox testing market are Quest Diagnostics Inc., QIAGEN, Laboratory Corp. of America Holdings, Mayo Clinic Laboratories, Chembio Diagnostics, Inc., Sonora Quest Laboratories, Aegis Sciences Corp., Thermo Fisher Scientific, Sonic Healthcare Ltd., and BD.

To increase their market position, key companies in this market are using a variety of strategies, such as alliances through mergers and acquisitions, geographic expansion, and strategic collaborations.

  • For instance, CerTest Biotec and BD (Becton, Dickinson and Company) worked together in June 2022 to create a molecular diagnostic test for the monkeypox virus. With FDA authorisation for emergency usage, new tests are being released. For instance, the Quest Diagnostics monkeypox test was given EUA certification in September 2022.

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including technology and end user from 2022 to 2033.

Report Scope:

Key Parameters Details
Market size in 2022
  • USD 1192.54 Million
CAGR
  • 5.32%
Base Year
  • 2022
Forecast Period
  • 2023-2033
Study Coverage
  • Global and regional market size and revenue forecast
  • Segment market size and revenue forecast at global, regional, and country level
  • Competitive landscape (company share analysis, company profiles, recent development, competitive map analysis)
  • Conclusion and recommendations
Qualitative Analysis
  • Market drivers
  • Market restraints
  • Market opportunities
  • Recent market trends
  • Market challenges
  • Porter’s Five Forces analysis
  • PEST analysis
  • COVID-19 impact analysis
Segment Market Scope
  • Technology
  • End user
Regional Market Scope
  • North America
    (U.S. and Canada)
  • Europe
    (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
  • Asia Pacific
    (China, Japan, India, Australia, South Korea, Rest of APAC)
  • Latin America
    (Brazil, Mexico, Argentina, Rest of LATAM)
  • MEA
    (South Africa, GCC, Rest of MEA)
Company Profiles
  • Exhaustive profiles of top 10 players
  • Other major players listing
15% Free Customization Available
  • You can customize the study scope to meet your exact requirement. Click here for more details

Segmentation: Monkeypox Testing Market Report 2022 – 2033

Technology (Revenue, USD Million), 2022 – 2033

  • Lateral Flow Assay
  • Polymerase Chain Reaction
  • Others

End user (Revenue, USD Million), 2022 – 2033

  • Diagnostic Laboratories
  • Hospitals & Clinics
  • Others

By Region (Revenue, USD Million), 2022 – 2033

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Table of Contents: Monkeypox Testing Market 2022-2033

  1. Research Methodology
    1. Study Objectives
    2. Study Scope
    3. Research Framework
      1. Research Models
        1. Bottom-up Approach
        2. Top-down Approach
        3. Data Triangulation
      2. Data Analysis
        1. Data Validation
        2. Market Size Estimation
        3. Market Forecast Model
  1. Introduction: Monkeypox Testing
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
      1. Driver 1
      2. Driver 2
      3. Driver 3
      4. Driver 4
      5. Driver 5
    2. Market Restraint
      1. Restraint 1
      2. Restraint 2
      3. Restraint 3
      4. Restraint 4
    3. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
      3. Opportunity 3
      4. Opportunity 4
    4. Market Trends
      1. Trend 1
      2. Trend 2
      3. Trend 3
      4. Trend 4
    5. Market Challenges
      1. Challenge 1
      2. Challenge 2
      3. Challenge 3
      4. Challenge 4
  1. Market Environment Analysis
    1. Porter’s 5 Forces Analysis
    2. PESTEL Analysis
    3. SWOT Analysis
  2. COVID-19 Impact Analysis: Monkeypox Testing Market  
  3. Market Analysis by Technology
    1. Lateral Flow Assay
      1. Lateral Flow Assay Market Forecast, 2022-2033(USD Million)
    2. Polymerase Chain Reaction
      1. Polymerase Chain Reaction Market Forecast, 2022-2033(USD Million)
    3. Others
      1. Others Market Forecast, 2022-2033(USD Million)
  1. Market Analysis byEnd User
    1. Diagnostic Laboratories
      1. Diagnostic Laboratories Market Forecast, 2022-2033(USD Million)
    2. Hospitals & Clinics
      1. Hospitals & Clinics Market Forecast, 2022-2033(USD Million)
    3. Others
      1. Others Market Forecast, 2022-2033(USD Million)
  1. Regional Market Analysis
    1. Regional Market Trends
  2. North America Monkeypox Testing Market  
    1. North America Monkeypox Testing Market
      1. North America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Technology, 2022-2033(USD Million)
        2. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. S. Monkeypox Testing Market
        1. S. Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Technology, 2022-2033(USD Million)
          2. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. Canada Monkeypox Testing Market
          1. Canada Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Technology, 2022-2033(USD Million)
            2. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Europe Monkeypox Testing Market  
    1. Europe Monkeypox Testing Market
      1. Europe Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Technology, 2022-2033(USD Million)
        2. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. Germany Monkeypox Testing Market
        1. Germany Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Technology, 2022-2033(USD Million)
          2. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. UK Monkeypox Testing Market
          1. UK Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Technology, 2022-2033(USD Million)
            2. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. France Monkeypox Testing Market
            1. France Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Technology, 2022-2033(USD Million)
              2. Market Size and Forecast by End User, 2022-2033(USD Million)
            2. Spain Monkeypox Testing Market
              1. Spain Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Technology, 2022-2033(USD Million)
                2. Market Size and Forecast by End User, 2022-2033(USD Million)
              2. Italy Monkeypox Testing Market
                1. Italy Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Technology, 2022-2033(USD Million)
                  2. Market Size and Forecast by End User, 2022-2033(USD Million)
                2. Rest of Europe Monkeypox Testing Market
                  1. Rest of Europe Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Technology, 2022-2033(USD Million)
                    2. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Asia Pacific Monkeypox Testing Market  
    1. Asia Pacific Monkeypox Testing Market
      1. Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Technology, 2022-2033(USD Million)
        2. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. Japan Monkeypox Testing Market
        1. Japan Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Technology, 2022-2033(USD Million)
          2. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. China Monkeypox Testing Market
          1. China Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Technology, 2022-2033(USD Million)
            2. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. India Monkeypox Testing Market
            1. India Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Technology, 2022-2033(USD Million)
              2. Market Size and Forecast by End User, 2022-2033(USD Million)
            2. South Korea Monkeypox Testing Market
              1. South Korea Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Technology, 2022-2033(USD Million)
                2. Market Size and Forecast by End User, 2022-2033(USD Million)
                3. Market Size and Forecast by Device, 2022-2033(USD Million)
              2. Australia Monkeypox Testing Market
                1. Australia Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Technology, 2022-2033(USD Million)
                  2. Market Size and Forecast by End User, 2022-2033(USD Million)
                2. Rest of Asia Pacific Monkeypox Testing Market
                  1. Rest of Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Technology, 2022-2033(USD Million)
                    2. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Latin America Monkeypox Testing Market  
    1. Latin America Monkeypox Testing Market
      1. Latin America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Technology, 2022-2033(USD Million)
        2. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. Brazil Monkeypox Testing Market
        1. Brazil Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Technology, 2022-2033(USD Million)
          2. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. Mexico Monkeypox Testing Market
          1. Mexico Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Technology, 2022-2033(USD Million)
            2. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. Argentina Monkeypox Testing Market
            1. Argentina Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Technology, 2022-2033(USD Million)
              2. Market Size and Forecast by End User, 2022-2033(USD Million)
            2. Rest of Latin America Monkeypox Testing Market
              1. Rest of Latin America Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Technology, 2022-2033(USD Million)
                2. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. MEA Monkeypox Testing Market  
    1. MEA Monkeypox Testing Market
      1. MEA Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Technology, 2022-2033(USD Million)
        2. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. GCC Monkeypox Testing Market
        1. GCC Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Technology, 2022-2033(USD Million)
          2. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. South Africa Monkeypox Testing Market
          1. South Africa Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Technology, 2022-2033(USD Million)
            2. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. Rest of MEA Monkeypox Testing Market
            1. Rest of MEA Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Technology, 2022-2033(USD Million)
              2. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Competitor Analysis
    1. Market Share Analysis, 2022
    2. Major Recent Developments, 2019-2022
  2. Company Profiles
    1. Quest Diagnostics Inc
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    2. QIAGEN
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    3. Laboratory Corp. of America Holdings
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    4. Mayo Clinic Laboratories
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    5. Chembio Diagnostics, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    6. Sonora Quest Laboratories
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    7. Aegis Sciences Corp.
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    8. Thermo Fisher Scientific
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    9. Sonic Healthcare Ltd.
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    10. BD
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    11. Company 11
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    12. Company 12
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    13. Company 13
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    14. Company 14
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    15. Company 15
      1. Company Snapshot
      2. Company Overview
      3. Financials
      4. Product Benchmarking
      5. Recent Developments
    16. Others Prominent Players
  3. Conclusion & Recommendations

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