Influenza Diagnostics Market Growth Report 2020 by Supply, Demand, Consumption, Sale, Price, Revenue and Forecast to 2025
A new market study, titled “Influenza Diagnostics Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030”, has been featured on WiseGuyReports.
Pune, India – August 17, 2020 /MarketersMedia/ —
Influenza Diagnostics Market
Market Overview
Global diagnostic market for influenza is expected treach USD billion by 2030 from USD billion in 2020, at a CAGR of 7.8 percent over the forecast period. Market growth is mainly driven by factors such as rising influenza occurrence, growth in research funding for influenza diagnosis, and increasing demand for faster diagnosis are the major factors expected tdrive this market’s growth in the coming years. High-risk influenza populations consist of pregnant women, infants, the elderly, immunosuppressed patients suffering from chronic medical conditions, and health care staff.
Influenza Diagnostics Market: Key Players
Abbott Laboratories (Include Alere)
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Siemens Healthineers
Analytik Jena
Quidel Corporation
Genome Diagnostics
Meridian Bioscience
BioMerieux SA
Sekisui Diagnostics
Response Biomedical
SA Scientific
Enigma Diagnostics
Focus Diagnostics
Other Prominent Players
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nfluenza Diagnostics Market: Segments
In 2019 the traditional diagnostic segment dominated the market, in test type. RIDT section held the largest share of the influenza diagnostic market’s for traditional diagnostic tests.
The large proportion of this section can be attributed tthe rising adoption of cost-effective and faster RIDT as the first line of diagnosis and screening phase has been increased among end-users. These tests are antigen detection assays that detects influenza viral antigens within 10 t15 minutes with high specificity. Rapid influenza diagnostic tests can identify the presence of influenza A and B viral antigens in respiratory samples and exhibit the result in a qualitative way. This test are antigen detection assays which detect highly specific viral antigens of influenza within 10 t15 minutes. It is a significant factor responsible for the largest share of the RIDT demand.
Influenza Diagnostics Market: Drivers and Restraints
Drivers
Rising Population and Government Initiatives
Growing geriatric population, rising government anti-influenza measures, increasing prevalence of chronic diseases such as diabetes, heart and blood disorders, and the emergence of technologically advanced influenza diagnostic tests are some of the key factors driving growth in the market for influenza diagnostics. Geriatric population is vulnerable ta wide variety of diseases because they are immunologically poor tcombat illness and are alsat significant risk of influenza contracting.
Restraints
Lack of Awareness and Healthcare Infrastructure
Most people in underdeveloped countries and remote areas are unaware of the symptoms of this disease or lack adequate healthcare facilities and equipment or infrastructure, making it difficult teven diagnose the disease within a short timespan, as well as increasing prices of kits and reagents used for influenza diagnosis may hinder the growth of the market. The existence of a complicated regulatory framework tapprove new diagnostic tests and increasing healthcare costs are expected trestrict this market’s growth tsome degree in the coming years.
The Influenza Diagnostics Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
The Influenza Diagnostics Market report alscontains analysis on:
Influenza Diagnostics Market Segments:
By Test Type
Traditional Diagnostic Tests
RIDT
Viral Culture
DFA
Serological assays
Molecular Diagnostic Tests
RT-PCR
INNAT
§ TMA
§ LAMP
§ NASBA
§ Other INNAT
Other Molecular Tests
By End-User
Hospitals
Clinical Laboratories
Research Centers
Point of Care Testing Centers.
Other End-User
By Type of Flu
Type A Flu
Type B Flu
Type C Flu
Influenza Diagnostics Market Dynamics
Influenza Diagnostics Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
View Detailed Report at https://www.wiseguyreports.com/reports/5686927-influenza-diagnostics-market-outlook-2030-industry-insights-opportunity
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