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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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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