Viral Disease Diagnosis Market Explores New Growth Opportunities By 2024

Press Release   •   Aug 17, 2017 01:43 EDT

Global Viral Disease Diagnosis Market: Overview

Viruses are tiny organisms that cause infection within the bodies of living organisms. They are made up of genetic materials. Viruses attack and attach themselves to the host cell, thus stopping the original functionality of that cell. Owing to this an infection occurs in the body of the organism. There are quite a lot of ways by which viruses can be transmitted within the body such as unsafe sex and contact with the infected person. The risk also increases due to poor personal hygiene. The diagnosis of the viral diseases is very important in order to decrease the danger of epidemics and to provide timely treatment. The spread of the viral diseases is a public concern across the communities in the world.

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Global Viral Disease Diagnosis Market: Segmentation

The viral disease diagnosis market is globally segmented into end users, diagnostic test, virus type, and geography. On the basis of end users, the global market is segregated into hospitals, physician clinics, nursing homes, and commercial laboratories. Based on the diagnostic test, the market is categorized into serodiagnostic tests, specimen examination, and viral isolation. Depending on the virus type, the market is divided into Dengue virus, Hepatitis virus, HIV-1, Human Metapneumovirus, Measles Virus, Rabies virus, Avian Influenza, Enterovirus, Coronavirus, Poliovirus, and others. Geographically, the viral disease diagnosis market is diversified into Asia-Pacific, Europe, North America, and Rest of the World.

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Global Viral Disease Diagnosis Market: Growth Factors

The increasing occurrences of the infections that are viral, the technological advancements in the molecular diagnostics, and the clinical research are some of the key factors that are driving the viral disease diagnosis market globally. Furthermore, the development of the precise rapid screening tests along with the improved detection time and the preference for the treatments that are effective are further boosting the growth of the market. However, the continuous variations in the viral genome and the diverse environmental conditions lead to numerous strains of viruses that challenge the consumption of existing viral disease diagnostic tests. Low awareness about diagnostic tests, lack of expertise, and the limited availability of the virological laboratories particularly in the emerging countries results in viral disease diagnostic tests that are not utilized completely by the clinicians.

Global Viral Disease Diagnosis Market: Regional Analysis

The regions such as North America, followed by Europe, have the major market for viral molecular diagnostics owing to the factors such as ease of access, economic affordability of diagnostic tests for viral diseases, and the developed healthcare infrastructure in this region. Asia Pacific expects to show the high rate of growth in the viral molecular diagnostics market in the coming years owing to soaring cases of viral infectious diseases and increase awareness about the disease diagnosis and treatments in the region. Mounting demographics and economies in the emergent countries such as India and China anticipate leading the expansion in the viral molecular diagnostics market.

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Global Viral Disease Diagnosis Market: Competitive Players

Some of the key market players that are involved in the viral disease diagnosis market include Cepheid, Thermo Fischer Scientific, Becton Dickinson and Company, Novartis Diagnostics, Abbott Laboratories, Roche Diagnostics, bioMerieux, Affymetrix, and Siemens AG.

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