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Hepatitis B Diagnostic Tests Market Expected to Reach US$ 1,200 Mn in 2027
Future Market Insights presents a new report titled聽鈥楬epatitis B Diagnostic Tests Market: Global Industry Analysis 2012 鈥?2016 and Opportunity Assessment 2017 鈥?2027鈥櫬爐hat studies the performance of the global聽hepatitis B diagnostic tests market聽over a 10 year assessment period from 2017 to 2027. The report presents the value forecasts of the global hepatitis B diagnostic tests market and provides pertinent insights into the factors driving market growth as well as the factors restricting market growth. As per the figures provided by Future Market Insights, the global hepatitis B diagnostic tests market was estimated to be valued at nearly US$ 650 Mn in 2017 and is likely to reach a valuation of nearly US$ 1,200 Mn in 2027 and in the process exhibit a CAGR of 6.3% during the period of forecast 2017-2027.
Read Comprehensive Overview with Methodology of Report @聽
High Prevalence of Hepatitis B in the APEJ Region Boosting Global Market Revenue Growth
The prevalence of hepatitis B is highest in the APEJ region and the disease burden caused by chronic cases of hepatitis B is enormous. APEJ region has more number of chronic hepatitis B patients than any other region in the world and is thus a potential market for hepatitis B test kit manufacturers. As per the data provided by WHO Clayton Thorson Jersey , China accounts for one-third of all chronic hepatitis B infections. In addition, 6.2% of the adult population in the Western Pacific region is infected with hepatitis B. In the South-East Asia region, an estimated 2% of the general population is infected with hepatitis B. According to Hepatitis Australia Shareef Miller Jersey , approximately 225,000 people are living with chronic hepatitis B in the country. As per the data provided by WHO, in India JJ Arcega-Whiteside Jersey , the prevalence of hepatitis B surface antigen is 3%-4.2% with over 40 million hepatitis B carriers. Due to such high prevalence of hepatitis B in the APEJ region, the market for hepatitis B diagnostic tests has a huge potential in the region.
Global Hepatitis B Diagnostic Tests Market: Segmentation and Forecast
The global hepatitis B diagnostic tests market is segmented on the basis of product type, end user and region.