Global RSV Diagnostics Market Products Type, Usability and end Users Analysis Report 2019, Forecast to 2023
Global RSV Diagnostics Market Research Report: By Product (Kits and Assays, Others), by Method (Rapid Antigen Detection Tests, Molecular Diagnostic Tests, Others), By End-User (Hospital and Clinics, Clinical Laboratory, Others) – Global Forecast Till 2023
Market Highlights
Respiratory
Syncytial Virus (RSV) is a virus that can cause serious respiratory infections
such as pneumonia and bronchitis. The increasing incidence rate of respiratory
infections, growing demand for in-vitro diagnostics, and growing neonatal
population are major factors propelling the growth of the market. For instance,
according to the Centres for Disease Control and Prevention, in the United
States, RSV on an average lead to 57,527 hospitalizations among children below
five years of age. On the other hand, some factor such as lack of availability
of specific treatment options for RSV infections and the high number of other
pathogens that cause similar symptoms of respiratory illness may hamper the
growth of the market during the assessment period.
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Regional Analysis
The Americas is likely to
dominate the global RSV diagnostics market during the forecast period. The market
growth is attributed to increasing incidences of RSV infections, increasing
government funding's, and increasing infant population. Additionally, growing
demand for molecular diagnostics and chromatographic immunoassays in this
region owing to the high accuracy, sensitivity, and specificity these devices
provide. For instance, as per the data stated by the Centres for Disease
Control and Prevention, in the United States, RSV leads to an estimated 2.1
million outpatient visits among children below five years of age every year.
Europe is anticipated to be the second largest market in the global RSV
diagnostics market. The European market is expected to grow during the forecast
period owing to the growing occurrence of RSV infections and growing government
funding for respiratory diseases. Asia Pacific is expected to be the fastest
growing market owing to the high population base, increasing prevalence of
respiratory diseases such as pneumonia and bronchitis, and growing demand for
automated healthcare testing for the accurate diagnosis of diseases.
Furthermore, the Middle East and Africa are expected to show the least growth
in the global RSV diagnostics market. The market growth in these regions is
attributed to the constantly improving healthcare infrastructure, economic
development, and rising patient awareness levels.
Segmentation
The global RSV diagnostics
market is segmented on the basis of the product, method, and end-user. On the
basis of the product, the market is classified into kits and assays, instruments,
and other products. The global RSV diagnostics market on the basis of the
method is segmented into molecular diagnostics, rapid antigen detection test,
gel microdroplets, flow cytometry, and others. The rapid antigen detection
tests are further classified into enzyme-linked immunosorbent assays,
immunofluorescence assays, and other rapid antigen detection tests. Further,
the other rapid antigen detection tests are classified into chromatographic
immunoassays and optical immunoassays. Furthermore, on the basis of end-user,
the market is segmented into hospitals and clinics, clinical laboratories, home
care, and others.
Research Methodology
Market Research Future research is conducted by
industry experts who offer insight into industry structure, market
segmentation, Treatment assessment, competitive landscape (CL), penetration, as
well as on emerging trends. Besides primary interviews (~ 80%) and secondary
research (~ 20%), their analysis is based on their years of professional
expertise in respective industries. Our analysts also predict where the market
will be headed in the next five to ten years, by analyzing historical trends
and current market positions. Furthermore, the varying trends of segments &
categories geographically presented are studied and are estimated based on
primary & secondary research.
- Primary Research
The extensive primary research was conducted to
gain a deeper insight into the market and the industry performance. In this
particular report, we have conducted primary surveys (interviews) with the key
level executives (VPs, CEOs, Marketing Directors, Business Development
Managers, and many more) of the major players who are active in the market. In
addition to analyzing the current and historical trends, our analysts predict where
the market is headed, over the next five to ten years.
- Secondary Research
Secondary research was mainly used to collect and
identify information useful for an extensive, technical, market-oriented, and
commercial study of the RSV diagnostics market. It was also used to obtain key
information about major players, market classification and segmentation
according to the industry trends, geographical markets, & developments
related to the market and Treatment Perspectives. For this study, analysts have
gathered information from various credible sources, such as annual reports, SEC
filings, journals, white papers, corporate presentations, company websites, the
international organization of chemical manufacturers, some paid databases and
many others.
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The report for Global market by Market
Research Future comprises of extensive primary research along with the detailed
analysis of qualitative as well as quantitative aspects by various industry
experts, key opinion leaders to gain a deeper insight of the market and
industry performance. The report gives a clear picture of the current market
scenario which includes past and estimated future market size with respect to
value and volume, technological advancement, macro economical and governing
factors in the market. The report provides detail information about and
strategies used by top key players in the industry. The report also gives a
broad study of the different market segments and regions.
Key Players
Some of the key players in the global RSV diagnostics market are Quest
Diagnostics, Biomerieux, Becton, Dickinson, and Company (BD), Abbott, F.
Hoffman-La Roche Ltd., Danaher Corporation, Thermo Fisher Scientific,
Biocartis, Luminex, Hologic, Fast Track Diagnostics, Bio-Rad Laboratories Inc.,
Alere, Inc., Quidel Corporation, and others..
TOC:
1.
Report Prologue
2. Market
Introduction
2.1
Definition
2.2 Scope of the
Study
2.2.1
Research Objective
2.2.2
Assumptions
2.2.3
Limitations
3. Research
Methodology
3.1 Introduction
3.2 Primary
Research
3.3 Secondary research
3.4 Market Size
Estimation
TOC…Continued
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