Lyme Disease Diagnostic Devices Market Size, Share, and Trends 2024 to 2034

The global lyme disease diagnostic devices market size was USD 2.53 billion in 2023, calculated at USD 2.67 billion in 2024 and is expected to reach around USD 4.56 billion by 2034, expanding at a CAGR of 5.5% from 2024 to 2034.

  • Last Updated : August 2024
  • Report Code : 1183
  • Category : Healthcare

Lyme Disease Diagnostic Devices Market Size and Forecast 2024 to 2034

The global lyme disease diagnostic devices market size accounted for USD 2.67 billion in 2024 and is expected to reach around USD 4.56 billion by 2034, expanding at a CAGR of 5.5% from 2024 to 2034. The North America lyme disease diagnostic devices market size reached USD 1.01 billion in 2023.

Lyme Disease Diagnostic Devices Market Size 2024 to 2034

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Lyme Disease Diagnostic Devices Market Key Takeaways

  • North America led the global market with the largest market share of 40% in 2023.
  • By Product, the serological test segment has held the largest revenue share in 2023.
  • By Product, the lymphocytic transformation tests segment is anticipated to expand at a significant CAGR during the projected period.
  • By End User, the hospitals segment has held the largest revenue share in 2023.

U.S. Lyme Disease Diagnostic Devices Market Size and Growth 2024 to 2034

The U.S. lyme disease diagnostic devices market size was estimated at USD 710 million in 2023 and is predicted to be worth around USD 1,310 million by 2034, at a CAGR of 5.7% from 2024 to 2034.

U.S. Lyme Disease Diagnostic Devices Market Size 2024 to 2034

North America is Estimated to be the Largest Market for Lyme Disease Diagnostic Devices

The research report covers key trends and prospects of Lyme disease diagnostic devices products across different geographical regions including North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Geographically, Lyme disease diagnostic devices market is conquered by North America owing to high incidence of Lyme disease and existence of state-of-the-art healthcare infrastructure. On the other hand, Asia-Pacific is anticipated to witness the rapid growth rate, on account of increasing research and development investment by major market players and increasing awareness regarding tick-borne infectious disorders.

Lyme Disease Diagnostic Devices Market Share, By Region, 2023 (%)

Market Overview

Upsurge in incidence of Lyme disease, growing policy attention on improving health care services, and the advent of new diagnostic tests for Lyme disease pushes the market. Nonetheless, lack of knowledge of the disease and ineffectiveness in Lyme disease research reduces the market. Additionally, growth in key players’ interests in Lyme disease diagnosis R&D is predicted to provide lucrative business growth opportunities. Moreover, increasing number of cases of tick-borne infectious diseases is boosting Lyme disease diagnostics market. Vector-borne diseases are illnesses caused by pathogens and parasites in human inhabitants. Each year greater than 1 billion individuals are infected and higher than 1 million people die from vector-borne illnesses. They can be infected by bacteria, parasites or viruses. More than 16% of the ailment and disability endured globally is because of vector-borne illnesses, with more than 50% of world’s population presently assessed to be at risk of these ailments.

Lyme Disease Diagnostic Devices Market Growth Factors

  • Growing prevalence of Lyme disease
  • Increasing number of cases of tick-borne infectious diseases
  • Growing investment in research and development
  • Technological advancement

Market Scope 

Report Highlights Details
Market Size in 2023 USD 2.53 billion
Market Size in 2024 USD 2.67 billion
Market Size by 2034 USD 4.56 billion
Growth Rate from 2024 to 2034 CAGR of 5.5%
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2034
Segments Covered Product, End User, Region
Regions Covered North America, Asia Pacific, Europe, Latin America, Middle East and Africa

Product Insights

Serological Test Segment Reported Foremost Market Stake in 2023

Serological test segment recorded the prime market share in the global Lyme disease diagnostic devices market by type in 2023. Increasing use in the early diagnosis of Lyme disease diagnostics is the major reason for high market share of serological test. Other factors such as increasing investment in research and development is expected to increase the usage of serological tests over the estimate period.

The lymphocytic transformation tests are projected grow at the highest CAGR during the forecast period mainly due to new product launches in the near future.

End User Insights

Hospitals are Projected to Dominate the End User Segment of Lyme Disease Diagnostic Devices Market Revenue

The Lyme disease diagnosis is based on infection signs and symptoms, history of exposures to infected black-legged ticks, and laboratory tests. Serological tests can take several weeks to become conclusive after infection, indicating the need for new diagnostic tests that can identify the earliest signs of infection. Hospitals are well-equipped to handle patient flow and employ latest diagnostic and treatment techniques. These factors are primarily responsible for the greater market share of hospitals in the end-user segment of the Lyme Disease Diagnostic Devices Market.

Public/private laboratories segment will expand at a significant CAGR during the forecast time-frame.

Lyme Disease Diagnostic Devices Market Companies

Major Market Segments Covered

By Product Type

  • Serological Test
  • Urine Antigen Tests
  • Lymphocytic Transformation Test
  • Immunofluorescent Staining
  • Nucleic acid Test

By End User

  • Hospitals
  • Public/Private Laboratories
  • Physician’s Office

By Geography

    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • France
      • United Kingdom
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Rest of Latin America
    • Middle East & Africa (MEA)
      • GCC
      • North Africa
      • South Africa
      • Rest of Middle East & Africa

Frequently Asked Questions

The global lyme disease diagnostic devices market size was valued at USD 2.53 billion in 2023 and is predicted to surpass around USD 4.56 billion by the end of 2034.

The global lyme disease diagnostic devices market is expected to grow at a CAGR of 5.5% during the forecast period 2024 to 2034.

Among the product type segment, serological test dominated the overall market. High use of serological testing in the detection of Lyme disease is the major reason for high market share of serological tests.

The hospitals accounted for the largest revenue with more than 61% share in 2023. High incidence of Lyme disease and increasing demand for early detection are the major reasons for high market share of hospital.

North America dominated the global market with a market share of more than 40%.

Asia Pacific is anticipated to grow at the maximum CAGR of around 8.2% in the forecast period due to high incidence of chronic disorders.

The major companies functioning in the worldwide Lyme disease diagnostic devices market are Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., Boulder Diagnostics, T2 Biosystems, Inc., Abbott, Oxford Immunotec Global PLC, Quidel Corporation, Affymetrix Inc., F. Hoffmann-La Roche Ltd, and Graphene Frontiers among others.

Lyme Disease Diagnostic Devices Market

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Lyme Disease Diagnostic Devices Market 

5.1. COVID-19 Landscape: Lyme Disease Diagnostic Devices Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Lyme Disease Diagnostic Devices Market, By Product Type

8.1. Lyme Disease Diagnostic Devices Market, by Product Type, 2024-2034

8.1.1. Serological Test

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Urine Antigen Tests

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Lymphocytic Transformation Test

8.1.3.1. Market Revenue and Forecast (2021-2034)

8.1.4. Immunofluorescent Staining

8.1.4.1. Market Revenue and Forecast (2021-2034)

8.1.5. Nucleic acid Test

8.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Lyme Disease Diagnostic Devices Market, By End User

9.1. Lyme Disease Diagnostic Devices Market, by End User, 2024-2034

9.1.1. Hospitals

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Public/Private Laboratories

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Physician’s Office

9.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Lyme Disease Diagnostic Devices Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.1.2. Market Revenue and Forecast, by End User (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.1.3.2. Market Revenue and Forecast, by End User (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.1.4.2. Market Revenue and Forecast, by End User (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.2.2. Market Revenue and Forecast, by End User (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.2.3.2. Market Revenue and Forecast, by End User (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.2.4.2. Market Revenue and Forecast, by End User (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.2.5.2. Market Revenue and Forecast, by End User (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.2.6.2. Market Revenue and Forecast, by End User (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.3.2. Market Revenue and Forecast, by End User (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.3.3.2. Market Revenue and Forecast, by End User (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.3.4.2. Market Revenue and Forecast, by End User (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.3.5.2. Market Revenue and Forecast, by End User (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.3.6.2. Market Revenue and Forecast, by End User (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.4.2. Market Revenue and Forecast, by End User (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.4.3.2. Market Revenue and Forecast, by End User (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.4.4.2. Market Revenue and Forecast, by End User (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.4.5.2. Market Revenue and Forecast, by End User (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.4.6.2. Market Revenue and Forecast, by End User (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.5.2. Market Revenue and Forecast, by End User (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.5.3.2. Market Revenue and Forecast, by End User (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

10.5.4.2. Market Revenue and Forecast, by End User (2021-2034)

Chapter 11. Company Profiles

11.1. Bio-Rad Laboratories, Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Thermo Fisher Scientific, Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Boulder Diagnostics

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. T2 Biosystems, Inc.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Abbott

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Oxford Immunotec Global PLC

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Quidel Corporation

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Affymetrix Inc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Hoffmann-La Roche Ltd

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Graphene Frontiers

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

 

13.2. Glossary of Terms

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