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Global Meningitis Diagnostic Testing Market to Reach $141.6 Million by 2027
In the changed post COVID-19 business landscape, the global market for Meningitis Diagnostic Testing estimated at US$114.4 Million in the year 2020, is projected to reach a revised size of US$141.6 Million by 2027, growing at a CAGR of 3.1% over the analysis period 2020-2027. Lateral Flow Assay, one of the segments analyzed in the report, is projected to record a 3.9% CAGR and reach US$24.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the PCR Assay segment is readjusted to a revised 3.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $31 Million, While China is Forecast to Grow at 5% CAGR
The Meningitis Diagnostic Testing market in the U.S. is estimated at US$31 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$27.5 Million by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$18.1 Million by the year 2027.


ELISA Tests Segment to Record 2.9% CAGR
In the global ELISA Tests segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$21.4 Million in the year 2020 will reach a projected size of US$26 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 3.1% CAGR through the analysis period.