CHICAGO, March 1, 2023 /PRNewswire/ -- Arizton's latest research report states that the US monkeypox testing market was valued at $5 million by 2022-2025. The growing trends in the U.S. monkeypox testing market are ongoing research activities, the rapid development of rapid testing methods, and rapidly growing commercial laboratory-developed monkeypox testing. The abrupt global expansion of the monkeypox virus has increased the demand for monkeypox diagnostics. Due to the increased market rivalry, large worldwide firms and other prominent players compete for a footprint in the market and come up with more product launches. Increasing surveillance of monkeypox cases in the US drives product launches.
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In partnership with state, local, and expert stakeholders, the US government has identified critical areas of research that will advance understanding of the US and global monkeypox outbreak and enable it to respond to the current outbreak and prevent future outbreaks effectively. The US government allocated $140 million to support high-priority projects, leveraging ongoing efforts and collaboration with institutions. The US government will develop serologic surveys, observational epidemiological and clinical studies, molecular epidemiology, ecological research, global education, and the development of early-stage healthcare measures provided.
THE U.S. MONKEYPOX TESTING MARKET REPORT SCOPE
Report Attributes |
Details |
Market Size (2025) |
USD 91 Thousand |
Market Size (2022) |
USD 5 Million |
CAGR (2022-2025) |
(74.26 %) |
Base Year |
2022 |
Forecast Year |
2023-2025 |
Market Segments |
Type, End-User, and Geography |
Regional Analysis |
U.S. (Southern, Western, Northeast, and Central) |
Key Vendors |
Key Company Profiles: Abbott, F. Hoffmann-La Roche, Qiagen, and Thermo Fisher Scientific Other Prominent Vendors: Alpha Diagnostic, AtliaBiosystems, Applied DNA Sciences, BioGX, BIONEER, CERTEST BIOTEC, Co-Diagnostics, CorDx, Creative Biogene, Elabscience Biotechnology, LABNOVATION TECHNOLOGIES, Seegene Laboratory-Developed Monkeypox Tests: Aegis Sciences, ARUP Laboratories, Apostle Diagnostics, California Department of Public Health, CDR Companies, CirrusDx, Clinical Reference Laboratory, Devlab Bio, Discover Labs, Integrity Laboratories, Laboratory Corporation of America Holdings, Madison Core Laboratories, Mako Medical Laboratories, Mayo Clinic, Quest Diagnostics, RapidBio, Shepard Health, Sonic Healthcare, US BioTek Laboratories, and UW Virology Laboratory |
Page Number |
165 |
Market Dynamics |
|
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The U.S. has a strong pipeline in the monkeypox diagnostic segment. National Institutes of Health (NIH), National Institute of Biomedical Imaging and Bioengineering (NIBIB), Department of Defense (DOD), and more institutions have invested in advanced monkeypox diagnostics. The research results are to be released in the first half of 2023. The country is investing in the future-ready diagnostics segment, which will help the region defend against future cases.
The Southern region accounted for the largest U.S. monkeypox testing market share at 33.58%. The perception that the response to the monkeypox virus in the South has lacked coordination has rekindled familiar concerns about recent state policies. States like California have followed the CDC's recommendation to prioritize gay and bisexual men in outreach, vaccination, and treatment for monkeypox. Such states have declared a public health emergency and initiated aggressive, targeted vaccination campaigns. Although California has the highest number of cases, Florida, Georgia, and Texas are home to robust gay communities and have just over a quarter of the country's confirmed monkeypox cases.
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VENDOR INSIGHTS
Market players are focused on developing new testing methods for monkeypox detection. The competition among the vendors is high as there is a wide opportunity for diagnostic players to enter this market. The growing popularity of rapid tests for monkeypox and advances in PCR technology has offered significant growth to this market. The ongoing research activities for diagnosing and treating monkeypox and the insights from research studies drive market growth in the US. Moreover, vendors are exclusively focused on broadening their monkeypox diagnostics portfolio to cater to the exponential surge in demand for monkeypox tests. There has been a growth in PCR kit launches since the outbreak in the region.
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Key Company Profiles
- Abbott
- F. Hoffmann-La Roche
- Qiagen
- Thermo Fisher Scientific
Other Prominent Vendors
- Alpha Diagnostic
- AtliaBiosystems
- Applied DNA Sciences
- BioGX
- BIONEER
- CERTEST BIOTEC
- Co-Diagnostics
- CorDx
- Creative Biogene
- Elabscience Biotechnology
- LABNOVATION TECHNOLOGIES
- Seegene
Laboratory-Developed Monkeypox Tests
- Aegis Sciences
- ARUP Laboratories
- Apostle Diagnostics
- California Department of Public Health
- CDR Companies
- CirrusDx
- Clinical Reference Laboratory
- Devlab Bio
- Discover Labs
- Integrity Laboratories
- Laboratory Corporation of America Holdings
- Madison Core Laboratories
- Mako Medical Laboratories
- Mayo Clinic
- Quest Diagnostics
- RapidBio
- Shepard Health
- Sonic Healthcare
- US BioTek Laboratories
- UW Virology Laboratory
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MARKET SEGMENTATION
Type
- PCR
- Lateral Flow Assay
- Others
End-User
- Laboratories
- Hospitals & Clinics
- Others
Region
- The U.S.
- Southern
- Western
- Northeast
- Central
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TABLE OF CONTENT
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY TYPE
4.3.2 MARKET SEGMENTATION BY END-USER
4.3.3 MARKET SEGMENTATION BY REGION
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
6.1 OVERVIEW
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
9 MARKET OPPORTUNITIES & TRENDS
9.1 ONGOING US MONKEYPOX RESEARCH ACTIVITIES
9.2 GROWING DEVELOPMENT OF RAPID TESTING METHODS
9.3 RAPIDLY GROWING COMMERCIAL LABORATORY-DEVELOPED MONKEYPOX TESTING
10 MARKET GROWTH ENABLERS
10.1 INCREASING PRODUCT LAUNCHES
10.2 ADVANCES IN PCR TECHNOLOGY
10.3 MONKEYPOX ERADICATION UNLIKELY TO CONTINUE IN US
11 MARKET RESTRAINTS
11.1 GROWING ACCESS TO VACCINATION AGAINST MONKEYPOX
11.2 MONKEYPOX CASES ARE IN A SHARP DECLINE
11.3 POTENTIAL RISK OF FALSE MONKEYPOX TEST RESULTS
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.1.1 INSIGHTS BY TYPE
12.1.2 INSIGHTS BY END-USER
12.1.3 INSIGHTS BY REGION
12.2 FIVE FORCES ANALYSIS
12.2.1 THREAT OF NEW ENTRANTS
12.2.2 BARGAINING POWER OF SUPPLIERS
12.2.3 BARGAINING POWER OF BUYERS
12.2.4 THREAT OF SUBSTITUTES
12.2.5 COMPETITIVE RIVALRY
13 TESTING TYPE
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 POLYMERASE CHAIN REACTION (PCR)
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.4 LATERAL FLOW ASSAY
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.5 OTHER
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST
14 END-USER
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 LABORATORIES
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.4 HOSPITALS & CLINICS
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.5 OTHERS
14.5.1 MARKET OVERVIEW
14.5.2 MARKET SIZE & FORECAST
15 REGION
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 SOUTHERN
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.4 WESTERN
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.5 NORTHEAST
15.5.1 MARKET OVERVIEW
15.5.2 MARKET SIZE & FORECAST
15.6 CENTRAL
15.6.1 MARKET OVERVIEW
15.6.2 MARKET SIZE & FORECAST
16 COMPETITIVE LANDSCAPE
16.1 COMPETITION OVERVIEW
16.2 MARKET SHARE ANALYSIS
16.2.1 ABBOTT
16.2.2 F. HOFFMANN-LA ROCHE
16.2.3 QIAGEN
16.2.4 THERMO FISHER SCIENTIFIC
17 KEY COMPANY PROFILES
17.1 ABBOTT
17.1.1 BUSINESS OVERVIEW
17.1.2 PRODUCT OFFERINGS
17.1.3 KEY STRATEGIES
17.1.4 KEY STRENGTHS
17.1.5 KEY OPPORTUNITIES
17.2 F. HOFFMANN-LA ROCHE
17.3 QIAGEN
17.4 THERMO FISHER SCIENTIFIC
18 OTHER PROMINENT VENDORS
18.1 ALPHA DIAGNOSTIC
18.1.1 BUSINESS OVERVIEW
18.1.2 PRODUCT OFFERINGS
18.2 ATILABIOSYSTEMS
18.3 APPLIED DNA SCIENCES
18.4 BIOGX
18.5 BIONEER
18.6 CERTEST BIOTEC
18.7 CO-DIAGNOSTICS
18.8 CORDX
18.9 CREATIVE BIOGENE
18.10 ELABSCIENCE BIOTECHNOLOGY
18.11 LABNOVATION TECHNOLOGIES
18.12 SEEGENE
19 LABORATORY-DEVELOPED MONKEYPOX TESTS
19.1 AEGIS SCIENCES
19.1.1 BUSINESS OVERVIEW
19.1.2 PRODUCT OFFERINGS
19.2 ARUP LABORATORIES
19.3 APOSTLE DIAGNOSTICS
19.4 CALIFORNIA DEPARTMENT OF PUBLIC HEALTH
19.5 CDR COMPANIES
19.6 CIRRUSDX
19.7 CLINICAL REFERENCE LABORATORY
19.8 DEVLAB BIO
19.9 DISCOVER LABS
19.10 INTEGRITY LABORATORIES
19.11 LABORATORY CORPORATION OF AMERICA HOLDINGS
19.12 MADISON CORE LABORATORIES
19.13 MAKO MEDICAL LABORATORIES
19.14 MAYO CLINIC
19.15 QUEST DIAGNOSTICS
19.16 RAPIDBIO
19.17 SHEPARD HEALTH
19.18 SONIC HEALTHCARE
19.19 US BIOTEK LABORATORIES
19.2 UW VIROLOGY LABORATORY
20 REPORT SUMMARY
20.1 KEY TAKEAWAYS
20.2 STRATEGIC RECOMMENDATIONS
21 QUANTITATIVE SUMMARY
21.1 MARKET BY TYPE
21.2 MARKET BY END-USER
21.3 MARKET BY REGION
22 APPENDIX
22.1 ABBREVIATIONS
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SOURCE Arizton Advisory & Intelligence
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