Dengue Testing Market Size

Dengue Testing Market Analysis

The Dengue Testing Market size is estimated at USD 436.19 million in 2024, and is expected to reach USD 540.20 million by 2029, growing at a CAGR of 4.37% during the forecast period (2024-2029).

The COVID-19 pandemic substantially impacted the dengue testing market. Dengue viruses and SARS-CoV-2 cause similar symptoms in the early stages of infection. Thus, as a result, a significant proportion of the population underwent dengue testing, boosting the market's growth. For instance, as per an article published in IDR in June of the base year, it was observed that the clinical and biochemical characteristics of dengue infection and COVID-19 were identical in two infected patients in Singapore. The two individuals were diagnosed with dengue fever through a positive dengue serological test and were treated for it. However, their symptoms worsened, and a subsequent test revealed that they were COVID-19 positive.

Furthermore, several regions worldwide reported growing dengue cases amid the COVID-19 pandemic. For instance, an article published in July of the base year stated that dengue showed an increasing trend in the number of cases in the country, requiring urgent public policies to curb it. This resulted in an increased demand for testing procedures. Hence, COVID-19 significantly impacted the market's growth during the pandemic.

Certain factors contributing to the market's growth are the increasing incidences of dengue cases and the growth in the number of awareness campaigns to educate about the ills of dengue.

The overall incidence of dengue and the explosive outbreaks of the disease increased dramatically over the last several years. For instance, according to the statistics published by the European CDC, 1,371,248 dengue cases and 849 deaths were reported this year worldwide. In addition, as per the same source, the majority of cases were reported by Brazil (1,114,758), followed by Peru (45,816), Vietnam (25,694), Indonesia (22,331), and Colombia (21,576). Additionally, as per the data published by the WHO and PAHO, as of 1st June this year, there were 1,238,528 dengue cases reported in America, with 544,125 confirmed cases and 426 deaths. Thus, the rising burden of dengue cases across countries is expected to increase the demand for dengue testing, which is anticipated to propel the market's growth over the forecast period.

Similarly, government and healthcare professionals' initiatives to limit dengue spread are expected to boost the market's growth over the forecast period. For instance, in May this year, DoH-CHD ramped up its dengue fever campaign in Soccsksargen after the Regional Epidemiology and Surveillance Unit (RESU) recorded 854 dengue cases in the Philippines from January 1 to April 30 this year.

Moreover, the rising focus of companies on adopting various business strategies, such as acquisition, partnerships, and product launches for dengue testing, is expected to fuel the market's growth. For instance, in September of the base year, the Central Drugs Standard Control Organization (CDSCO) approved Cosara Diagnostics to manufacture and distribute SARAGENE Dengue Test Kit. The test kit is a real-time polymerase chain reaction technology-based in vitro diagnostic test that uses Co-Diagnostics' patented CoPrimers technology. In March of the base year, Roche and GenMark diagnostics entered a definitive merger agreement for Roche to fully acquire GenMark for USD 24.05 per share in an all-cash transaction.

However, the unavailability of effective diagnostic tools and the high price of existing test kits will likely restrain the market's growth over the forecast period.