Respiratory Syncytial Virus Diagnostics Market Analysis Report, Regional Outlook with Key Players – F. Hoffmann La-Roche AG , Becton, Dickinson, Novartis AG, Abbott Laboratories, Ortho Clinical Diagnostics, Bio-Rad Laboratories, BioMerieux, Millipore-si

Coherent Market Insights has announced the addition of the “Respiratory Syncytial Virus Diagnostics Market Size Status and Forecast 2026”, The report classifies the global Respiratory Syncytial Virus Diagnostics Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report studies the global Respiratory Syncytial Virus Diagnostics Speaker market, analyzes and researches the Respiratory Syncytial Virus Diagnostics Speaker development status and forecast in North America, Europe, Asia Pacific, Latin America and Rest of the World. This report focuses on the top players in global market, like F. Hoffmann La-Roche AG , Becton, Dickinson, Novartis AG, Abbott Laboratories, Ortho Clinical Diagnostics, Bio-Rad Laboratories, BioMerieux, Millipore-sigma, Quidel Corporation, Alere, Fast-track Diagnostics, Quest Diagnostics

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High prevalence of respiratory infections due to RSV is a major factor driving growth of the respiratory syncytial virus diagnostics market. According to a report by the Lancet, 2017, around 33·1 million episodes of RSV induced acute lower respiratory infections that resulted in around 3·2 million hospitalizations and around 59,600 in-hospital deaths in children younger than 5 years of age, worldwide, in 2015. Moreover, the report stated that the overall RSV- acute lower respiratory infections- related mortality was around 118200 in 2015.

Furthermore, high prevalence of several chronic conditions such as pneumonia and other respiratory tract infections due to RSV is a major factor contributing to growth of the market over the forecast period. For instance, according to a report by World Health Organization (WHO), May 2018, chronic obstructive pulmonary disease (COPD) and lower respiratory tract infection are amongst top five chronic diseases with highest mortality rate, worldwide. The report stated that around 3 million each deaths were registered due to COPD and lower respiratory tract infection in 2016, worldwide.

On the basis of diagnostic techniques, the global respiratory syncytial virus diagnostics market is segmented into:

Molecular Diagnostics
Direct Fluorescent Antibody (DFA) Method
Rapid Antigen Diagnostic Test
Monoclonal Antibodies
Flow Cytometry
Diagnostic Imaging
Immnunochromgraphic Assay
Gel Microdroplets
Others

On the basis of end user, the global respiratory syncytial virus diagnostics market is segmented into:

Hospitals
Diagnostic Centers
Commercial Radioisotope Manufacturers

On the basis of region, the global respiratory syncytial virus diagnostics market is segmented into:

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

According to study published in journal American Family Physician in 2017, around 2% to 3% of infants, younger than 12 months are hospitalized with an RSV infection, annually, in the U.S. As per same source, Around 57,500 hospitalizations and 2.1 million outpatient visits are associated with RSV infections in children younger than five years, annually, in the U.S. It can be concluded from epidemiological data that the U.S. has high potential for respiratory syncytial virus diagnostics market. Presence of key players and their products in North America would be another important driver for the market growth.

Asia Pacific and Latin America would witness highest CAGR in respiratory syncytial virus diagnostics market. According to study published in the Lancet in September 2017, lower middle income countries witnessed around 43,600 deaths due to RSV-ALRI whereas upper middle income countries witnessed around 17900 deaths, in 2015.

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