Influenza Diagnostics Market Latest Trends, Share, Key Players, Revenue, Opportunity, and Forecast 2023-2028

Byimarcsuraj

IMARC Group has recently released a new research study “influenza diagnostics market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the Influenza diagnostics Industry?

The global influenza diagnostics market size reached US$ 893.4 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 1,461.7 Million on by 2028, exhibiting a growth rate (CAGR) of 6.55% during 2023-2028.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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What is a Influenza diagnostics Market?

Influenza or flu is a highly contagious infectious disease caused by a virus. It affects the nose, throat, and lungs and causes severe aches and fever. It is diagnosed through immunofluorescence assays, serology, viral culture, rapid antigen testing, rapid influenza diagnostic tests (RIDTs), reverse transcription polymerase chain reaction (RT-PCR), and rapid molecular assays. These procedures include several immunoassay tests to detect the presence of influenza A and B viral nucleoprotein antigens in respiratory specimens and provide the result in a qualitative way as positive or negative. As a result, influenza diagnostic solutions are extensively adopted in hospitals and diagnostic laboratories across the globe.

What are the major market drivers in the Influenza diagnostics Market?

The market is primarily driven by the growing prevalence of chronic diseases that increases the risk of influenza, including cystic fibrosis, chronic obstructive pulmonary disease (COPD), asthma, and bronchiectasis. In addition, the increasing popularity of the rapid influenza diagnostic test (RIDT), which is convenient to use and offers results in fewer minutes, is accelerating the product adoption rate across the globe.

Moreover, the introduction of technologically advanced influenza diagnostics tests integrated with a combo of influenza A and B and coronavirus disease (COVID-19) rapid antigen tests represents another major growth-inducing factor. Besides this, the rising integration of artificial intelligence (AI) in influenza diagnostics to reduce timelines for sample processing and facilitate error-free results are providing a positive thrust to the market growth. Furthermore, the rising geriatric population prone to respiratory tract infections and the implementation of various government policies to reduce the risk of influenza are propelling market growth.

Who Are The Major Key Players in Influenza Diagnostics Market?

Abbott Laboratories, Becton Dickinson and Company, Coris Bioconcept, Danaher Corporation, DiaSorin S.p.A., F. Hoffmann-La Roche Ltd (Roche Holding AG), Hologic Inc., Meridian Bioscience Inc., Qiagen N.V, Quidel Corporation, Sekisui Diagnostics LLC (Sekisui Medical Co. Ltd.) and Siemens Healthineers AG (Siemens AG).

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Product:

·         Test Kit and Reagents

·         Instruments

·         Others

Breakup by Test Type:

·         Molecular Diagnostic Tests

o    Polymerase Chain Reaction

o    Isothermal Nucleic Acid Amplification Tests

o    Other Molecular Tests

·         Traditional Diagnostic Tests

o    Rapid Influenza Diagnostic Tests

o    Viral Culture Tests

o    Direct Fluorescent Antibody Test

o    Serological Tests

Breakup by Type of Flu:

·         Type A Flu

·         Type B Flu

·         Type C Flu 

Breakup by End User:

·         Hospitals

·         Diagnostic Laboratories

·         Others

By Geography:

·         North America (United States, Canada)

·         Europe (Germany, France, United Kingdom, Italy,       Spain, Others)

·         Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

·         Latin America (Brazil, Mexico, Others)

·         Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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