Influenza Diagnostics Market to Earn a Valuation of 0.88 billion by 2023 With the Top Key Players Roche Diagnostics, Meridian Bioscience Inc., Becton, Abbott, QIAGEN, Alere Inc., Thermo Fisher Scientific Inc., and Dickinson & Company

A research study titled, “Influenza Diagnostics Market by test type and end user- global industry analysis and forecast to 2023” published by crystal market research.

Industry Trend Analysis:
The Influenza Diagnostics Market was worth USD 0.42 billion in 2014 and is expected to reach approximately USD 0.88 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.45% during the forecast period.
Influenza or popularly known as ‘Flu’ is an infectious disease that is caused by any virus of influenza. Due to rising incidences of influenza the influenza diagnostic market is experiencing a growth in volume as well as value. The development in Investments for flu diagnostics, and rising interest for quicker diagnostics of influenza and control of flu are the central factors that are relied upon to drive the development of this market in the forecast years.

Competitive Insights
The leading players in the market are Roche Diagnostics, Meridian Bioscience Inc., Becton, Abbott, QIAGEN, Alere Inc., Thermo Fisher Scientific Inc., and Dickinson & Company. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Market Segmentation- Influenza Diagnostics Market
By Natural Test Type:
Traditional Viral Culture
Serology Test
Rapid Influenza Detection Test
DFA

By Molecular Test Type:
Nucleic Acid Sequence-Based Amplification (NASBA)
RT-PCR
Loop-Mediated Isothermal Amplification-Based Assays (LAMP)
Simple Amplification-Based Assays (SAMBA)

By End User:
Hospital
Clinic
Reference lab
POC
Home Care Agency

By Region- Influenza Diagnostics Market
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others

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Test Type Outlook and Trend Analysis
According to the Type the market of Influenza Diagnostics is divided into Traditional and Molecular. The Traditional Test type is further divided into Traditional Viral Culture, Serology Test, Rapid Influenza Detection Test, and DFA. Rapid Influenza Detection Test (RIDT) constituted the major share of the market due to its benefits such as quick results, user friendly, etc. The RIDT is expected to continue growing during the forecast period. The Molecular test types segment is also further divided into Nucleic Acid Sequence-Based Amplification (NASBA), RT-PCR, Loop-Mediated Isothermal Amplification-Based Assays (LAMP), and Simple Amplification-Based Assays (SAMBA). Due to its ability to distinguish between Influenza A & B viruses the RT-PCR is the most widely used Molecular test.

End User Method Outlook-
The End-User segment is fragmented into Hospitals & Clinics, Reference lab, POC, Home Care Agency. The Hospitals and Clinics segments amongst the End-User segments are prominent due to extensive use of these tests in diagnostics of influenza which are mostly carried out there.

Regional Outlook - Influenza Diagnostics Market
According to the region, the Influenza Diagnostics Market is segmented as North America, Asia-Pacific, Europe and South America and Middle East & Africa. The Europe regions accounts to the majority of the share in the Influenza Diagnostics Market due to increasing population and also rising incidents of influenza diseases. The North-America region is the second largest market for Influenza Diagnostics followed by Asia-Pacific which is expected to grow at the highest CAGR during the forecast owing to increased expenditure, rising influenza incidents, etc.

Some of The Key Questions Answered By The Report Are:
What was the Influenza Diagnostics Market size in 2014 and forecast from 2015 to 2023?
What will be the industry Influenza Diagnostics Market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the Influenza Diagnostics Market forecast?
What are the major segments leading the Influenza Diagnostics Market growth and why?
Which are the leading players in the Influenza Diagnostics Market and what are the major strategies adopted by them to sustain the Influenza Diagnostics Market competition?

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