Influenza Diagnostics Market Size and Share 2020 Trends, Future Demands, Growth Factors, Emerging Technologies, Global Industry Forecast to 2023
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Sep 25, 2020 (The Expresswire) —
“Influenza Diagnostics Market”research provides actionable intelligence on major parameters impacting the market, analyses the market performance of key companies, market dynamics of key segments, outlines the market performance across global regions. The insights of the industry over the past 5 years and a forecast until 2023 is provided.
Influenza diagnostic kits are available in both rapid and conventional testing models. These kits can detect influenza virus strains in swab samples collected from the nasal, nasopharyngeal, or oropharyngeal region. Our influenza diagnostics market analysis considers sales from point-of-care testing, immunodiagnostics, and molecular diagnostics kits segments to end-user sectors such as hospitals and diagnostic laboratories, academic and research institutions, and home care. Our analysis also considers the sales of influenza diagnostics in Asia, Europe, North America, and ROW. In 2018, the point-of-care testing segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the rising need for rapid influenza testing in outpatient and home care settings and in physician-owned laboratories will significantly help the point-of-care testing segment in maintaining its leading market position. Also, our global Influenza diagnostics report has observed market growth factors such as the increasing demand for point-of-care diagnostics, rising focus on the prevention of pandemic influenza, and high demand for influenza diagnostics during seasonal prevalence. However, challenges such as the lack of laboratory infrastructure in developing regions, consistent development of new diagnostic procedures for emerging influenza virus, and stringent compliance and regulatory requirements may hamper the growth of the Influenza diagnostics industry over the forecast period.
Top Influenza Diagnostics Market Manufacturers/Key Players:
● Abbott Laboratories ● bioMÃ©rieux SA ● Bio-Rad Laboratories Inc. ● Danaher Corp. ● and Thermo Fisher Scientific Inc.
Influenza Diagnostics Market research focus on: –
● Market Characteristics, Market Landscape ● Market Size, Market Segmentation ● Vendor Analysis,Vendor Landscape, and Competitive Landscape ● Regional Landscape, Decision Framework ● Market Dynamics: -Market Trends, Drivers, and Challenges
Market Driver: increasing demand for point-of-care diagnostics
Market Trend: gaining momentum in the market is increasing approvals of influenza diagnostic products by regulatory authorities
Market Challenge: lack of laboratory infrastructure in developing regions.
Increasing demand for point-of-care diagnostics
The rising need for quick influenza monitoring and the lack of healthcare infrastructure in developing countries are increasing the need for point-of-care diagnostics, which provide rapid results. The quick antigen detection ability of rapid influenza diagnostics tests (RIDTs) help healthcare practitioners in providing timely and appropriate treatment. These factors are increasing the sales of RIDT kits, which are point-of-care products. Vendors are further focusing on improving their efficacy and precision. As a result, the market is expected to record a CAGR of almost 6% during the forecast period.
Increasing approvals of influenza diagnostic products by regulatory authorities
Key market vendors have been upgrading their products to meet compliance standards set by authorities such as the US FDA, CFDA, and ECDC. Consequently, the number of approvals is increasing. As a result, many influenza detection kits are commercially available. The sales of these kits will continue to rise owing to the growing incidence of influenza cases across the world, which will augment sales. Therefore, the increasing approvals of influenza diagnostic products by regulatory authorities will have a positive impact on the overall market growth.
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Market Segment by Regions, regional analysis covers
● North America ● Europe ● Asia-Pacific ● South America ● Middle East and Africa
The Study Objectives of Influenza Diagnostics Market Report Are:
● To analyse and study the market sales, Influenza Diagnostics market size, status and forecast (2019-2023). ● Focuses on the key Influenza Diagnostics manufacturers, to study the sales, value, market share and development plans in the future. ● Focuses on the global key manufacturers, to define, describe and analyse the market competition landscape, SWOT analysis. ● To define, describe and forecast the market by type, application and region. ● To analyse the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. ● To identify significant market trends and factors driving or inhibiting market growth. ● To analyse the opportunities in the market for stakeholders by identifying the high growth segments. ● To strategically analyse each submarket with respect to individual growth trend and their contribution to the market ● To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market ● To strategically profile the key players and comprehensively analyse Influenza Diagnostics market growth strategies.
The Research Document Will Answer the Following Questions Such as:
● What are the cutting-edge technologies responsible for driving the growth of the market? ● What are the main applications of the market? What are the Influenza Diagnostics market growth prospects of themarket applications in the market? ● At what stage of development are the key market products? ● What are the shortcomings that have to face to become commercially viable? Are their growth and commercialization dependent on cost declines or technological/application breakthroughs? ● What is the outlook for the industry? ● What difference do performance characteristics of Influenza Diagnostics create from those of established entities?
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Some TOC Points Covered in this Influenza Diagnostics Market Report are:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 04: MARKET SIZING
• Market definition
• Market sizing 2019
• Market size and forecast 2019-2023
PART 05: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
• Market segmentation by product
• Comparison by product
• Major household appliances – Market size and forecast 2019-2023
• Small household appliances – Market size and forecast 2019-2023
• Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
• Market segmentation by distribution channel
• Comparison by distribution channel
• Offline – Market size and forecast 2019-2023
• Online – Market size and forecast 2019-2023
• Market opportunity by distribution channel
PART 09: GEOGRAPHIC LANDSCAPE
• Geographic segmentation
• Geographic comparison
• APAC – Market size and forecast 2019-2023
• EMEA – Market size and forecast 2019-2023
• Americas – Market size and forecast 2019-2023
• Key leading countries
• Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 12: MARKET TRENDS
• Increased adoption of multi-functional and advanced products
• Growing adoption of smart household appliances
• Increase in MandA and strategic alliance activities
• Other trends
PART 13: VENDOR LANDSCAPE
• Landscape disruption
• Competitive scenario
PART 14: VENDOR ANALYSIS
Detailed TOC of Influenza Diagnostics Market@
Name: Ajay More
Organization: Industry Research Co.
Phone: +44 20 3239 8187 / +14242530807
Email: [email protected]
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