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VIROLOGY TESTING MARKET ANALYSIS

Virology Testing Market by Diagnostic Technique (Molecular Diagnostics Method [PCR based methods and NGS based methods], Immunoassay based Method, Mass Spectroscopy based Method, and Others), by Product Type (Instruments and Assay kits and Consumables), by End User (Hospitals, Diagnostic Centers, Blood Banks, and Others) and by Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Nov 2024
  • Code : CMI2037
  • Formats :
      Excel and PDF
  • Industry : Clinical Diagnostic

Market Challenges And Opportunities

Virology Testing Market- Market Dynamics

Virology testing market is projected to witness significant growth during forecast period with rising prevalence of virus originated diseases such as flu, hepatitis, AIDS, and STDs, Ebola, Influenza based viral infections, severe acute respiratory syndrome from coronavirus, hemorrhagic fever etc. across world. Early and fast diagnosis of virus infection is very essential to start treatment course.

According to the World Health Organization (WHO), January 2018 factsheet, all types of influenza in combination causes annual epidemics about 3 to 5 million cases with severe stage of illness, which results in the  290 000 to 650 000 deaths worldwide annually. Although rapid diagnostic tests are majorly used, PCR based techniques are being adopted for detection of influenza.

According Report on Global Sexually Transmitted Infection Surveillance published in 2015 by WHO, in 2012, an estimated 357 million new infections, which is equivalent to roughly 1 million patients per day were reported for the four curable sexually transmitted disease such as chlamydia, gonorrhea, syphilis, and trichomoniasis.

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