Influenza Diagnostics Market 2019 Reaches US$ 700.7 Mn with a CAGR of 5.8% to 2023 | Comprehensive Growth Analysis by Becton, Dickinson and Company,bioMérieux SA, Alere and Many More

Influenza Diagnostics Market information, by type of flu (Type A flu, type B flu, Type C flu), by Test type (Molecular Tests, Rapid Influenza Detection Tests (RIDT), Direct Fluorescent Antibody (DFA) Tests, Nucleic Acid Sequence-based Amplification (NASBA) Tests, Serological Assays, Simple Amplification-based Assays (SAMBA), Loop-mediated Isothermal Amplification-based Assays (LAMP), and Others), by End User ( Hospital and clinics, Research laboratories, Educational institutions, and others) – Forecast to 2023

Market Scenario

Influenza Diagnostics market has been evaluated as moderately growing market and it is expected that the market will continue to grow similarly in the near future. The demand for advanced products are growing continuously.

The market for Influenza Diagnostics was around US$ 472.2 million in 2016 and is expected to reach US$ 700.7 million at a CAGR of 5.8% by 2023.

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Major Players in Influenza Diagnostics Market

There are plenty of large and small market players which operate in this market: Alere (US), BD (US), Becton, Dickinson and Company (U.S.), Cepheid (US), bioMérieux SA (France), Hardy Diagnostics(us), LifeSign LLC.(US), Meridian Bioscience, Inc.(US), Quidel Corporation (US), Roche Molecular Systems Inc.(Switzerland), Sekisui Diagnostics (US), and others.

Segmentation

Global Influenza Diagnostics Market has been segmented on the basis of type of flu which comprise

• Type A flu (Seasonal flu, Swine Flu, Bird Flu),
• type B flu,
• Type C flu.

On the basis of type of test it segmented into

• Molecular Tests,
• Rapid Influenza Detection Tests (RIDT),
• Direct Fluorescent Antibody (DFA) Tests,
• Nucleic Acid Sequence-based Amplification (NASBA) Tests, Serological Assays,
• Simple Amplification-based Assays (SAMBA),
• Loop-mediated Isothermal Amplification-based Assays (LAMP),
• and Others.

Serological assays further sub segmented into

• Primary Serological tests (Enzyme linked immuno sorben assay (ELISA),
• Immuno fluorescent antibody technique (IFAT),
• Radio immuno assay (RIA),
• Secondary Serological tests (Agglutination tests,
• Complement fixation tests (CFT),
• Precipitation tests Serum neutralization tests (SNT),
• Toxin-antitoxin test), and Tertiary serological tests.

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Study objectives of Global Influenza Diagnostics Market:

1. To provide detailed analysis of the Global Influenza Diagnostics market structure with historical and forecasted revenue for the next 6 years of the various segments and sub-segments of the influenza diagnostics Market
2. To provide insights about the key drivers, restraints, opportunities and challenges that affecting the growth of the Influenza Diagnostics market
3. To provide analysis of the market with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
4. To provide detail analysis of the market that segmented on the basis of type of flue, test type, by end user, and its sub-segments.
5. To provide detail analysis of global Influenza Diagnostics market mainly based on Value chain analysis, Porter’s five forces, Price analysis, and Supply Chain analysis etc.
6. To provide detail country level analysis of the market with respect to the current market size and future prospective
7. To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Influenza Diagnostics Market
8. To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

Regional Outlook:

Considering the global scenario of the market, North America is holding the largest market share in global Influenza Diagnostics market in 2016. While the European region captures the second largest share in Global Influenza Diagnostics market. Asia-Pacific will be fastest growing market for Influenza Diagnostics during the forecast period. Middle East and Africa is expected to grow at steady pace during the forecast period.

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Research Methodology

MRFR leverages its in-house expertise for drawing insightful conclusions into the market. Extensive primary and secondary research are undertaken which include SEC filings, interviews with stakeholders across the value chain, whitepaper references, etc. for backing the research findings. Top-down and bottom-up approaches employed validate the authenticity of the statistical observations available in the report. Furthermore, a multi-layer verification process is applied for eliminating deviations and discrepancies.

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