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Influenza Diagnostics Market by Test type, Molecular, End user - Global Forecast to 2021

Influenza Diagnostics Market: Global Forecast until 2021

  • February 2017
  • 130 pages
  • ID: 4751616
In this report:
In 2016, the hospitals/clinical laboratories end-user segment is expected to account for the largest share of ##.##% of the global influenza diagnostics market.
The Canadian influenza diagnostics market is expected to be valued at USD ##.## million in 2016 and reach USD ##.## million by 2021, at a CAGR of ##.##% from 2014 to 2021.
Europe is expected to account for the largest share (##.##%) of this market, followed by North America (##.##%) in 2016.

Summary

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The overall influenza diagnostics market is forecasted to reach $767.40M by 2021 from $508.00M in 2016, at a compound annual growth rate (CAGR) of 8.60 percent from 2016 to 2021. On the basis of test type, the sector is divided into traditional and molecular diagnostic tests. The traditional diagnostic tests segment is further filed under quick influenza detection tests, viral culture, direct fluorescent antibody tests, and serological assays. In 2016, the RIDT segment is intended to account for the biggest share of the traditional tests market owing to Elements such as its user-friendliness, fast generation of results, and easy interpretability.

The molecular diagnostic tests segment is further divided into RT-PCR, nucleic acid sequence-based amplification tests, loop-mediated isothermal amplification-based assays, and simple amplification-based assays. In 2016, the RT-PCR segment is forecasted to hold the most important share of the molecular diagnostic tests market due to its ability to detect and distinguish between influenza A and B viruses with high specificity.

On the basis of end user, the influenza diagnostics market is divided into hospitals/clinical laboratories, reference laboratories, and other end users (point-of-care testing, home health agencies, and nursing homes). The hospitals/clinical laboratories end-user segment is forecasted to dominate the influenza diagnostics market in 2016. The big share of this segment can be accredited to the fact that most influenza disease diagnostic tests are carried out in hospitals and clinical laboratories, as these tests are highly complex in nature and require the use of specialized instruments.

On the basis of area, the sector is divided into North America, EU, Asia Pacific (APAC), and RoW. In 2016, the European area is forecast to account for the biggest share of the market due to the quickly growing prevalence of influenza and increase in aging population in Europe (EU).

The rising prevalence of influenza, increase in research funding for influenza diagnostics, and increasing demand for quick and effective disease diagnosis and treatment are the top factors driving the rise of the overall influenza diagnostics market.

Segment Research

This report studies the influenza diagnostics market established on test type, end-user, and area. The analysis also studies factors (including drivers, market restraints, possibilities, and opportunities) affecting market increase. It examines alternatives and opportunities in the industry for partners and offers details of the competitive landscape for industry top players. Moreover, the market research examines micromarkets with respect to their individual progress trends, future perspectives, and contributions to the overall industry. The industry report forecasts the revenue of the market segments with respect to four main regions

Why Purchasing This Study Can Help You:

The study will allow both established companies and new sector entrants to measure the pulse of the sector and to help them make important strategic increase decisions.

The analysis offers business insights on the following:

- Product improvement/Innovative products: Product portfolios of the top actors in the influenza diagnostics market. In-depth understanding on up-on-coming technologies, analysis and growth activities, and recent product launches in the insights on upcoming technologies market

- Opposing assessment: Detailed assessment of market shares, strategies, geographic and industry segments, and product review of the main players in the influenza diagnostics market

- Industry development: Highlighted information about profitable emerging sectors. The market research examines the sector for different influenza diagnostic tests across geographies

- Industry diversification: Complete information about recent products, recent evolutions, and market investments in the influenza diagnostics market

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