Market Research Trends

During the forecast period, from 2021 to 2032, the virology market is projected to expand at a CAGR of 5%, reaching US$ 3.53 billion from US$ 2.07 billion. Public awareness campaigns about viruses such as the Flu, Zika virus, STDs, AIDS, and Ebola virus are expected to contribute to the significant growth of the virology market throughout the projection period. Although the healthcare sector's preventive and treatment demands are already being met by the virology market, the development of new applications for the treatment of some illnesses continues to propel its growth. The virology market's expansion is also being driven by its use in various therapeutics and diagnostic processes. The demand for virology processes is increasing due to their rising application in gene therapy, phage treatment, vaccine formulation, and synthetic biology. The virology market is also growing in various subfields, such as molecular virology, paediatric virology, and computational virology, resu...