Influenza Diagnostics Market achieve 973.35 Million by 2027

Global Influenza Diagnostics Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increasing prevalence of infectious diseases, seasonal influenza and the growing research and development activities are some of the major factors driving the growth of Global Influenza Diagnostics Market.

Influenza Diagnostics Market is valued at USD 598.28 Million in 2020 and expected to reach USD 973.35 Million by 2027 with the CAGR of 7.20% over the forecast period.

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Scope of Global Influenza Diagnostics Market Report-

Influenza is an acute respiratory tract infection (ARTI) also known as flu with a nurture period ranging from 1 to 4 days. It is an infectious disease caused by the influenza virus. Seasonal influenza is an acute respiratory tract infection caused by influenza viruses which circulate altogether parts of the globe. There are four types of seasonal influenza viruses, types A, B, C and D. Among all, Influenza A and B viruses circulate and cause seasonal epidemics of disease. Influenza spreads through infectious respiratory secretions caused by aerosol formation due to direct contact with an infected person. These viruses can often causing morbidity, mortality and significant economic and social impact on communities. Influenza viruses infect the upper respiratory tract including nose, throat and bronchi and rarely, the lungs.

Key Players of Influenza Diagnostics -

Influenza diagnostics market report covers prominent players are Roche Diagnostics, Princeton BioMedtech corp, Meridian Bioscience, Inc, Becton Dickinson and Company Sekisui Diagnostics, Thermo Fisher Scientific. SA Scientific, Inc, Alere Scarborough, Inc, Quidel Corporation and others.

Global Influenza Diagnostics Market Dynamics–

Increasing prevalence of infectious diseases, seasonal influenza and the growing amount of research and development activities in this field are some of the major factors contributing to the revenue growth of the global influenza diagnostics market across the world. According to report by NCBI, the World Health Organization (WHO) estimates that approximately one billion people are infected and up to 500,000 people die from influenza each year in the world. Influenza is measured to be the greatest killer of the human populations. According to WHO, these annual epidemics were estimated to result in about 3 to 5 million cases of severe illness and about 290 000 to 650,000 respiratory deaths worldwide. In addition, growing awareness about the influenza globally is expected to further foster the growth of the global influenza diagnostics market over the forecast period. According to World Health Organization statistics, 1.4 million people worldwide suffer from infections acquired in hospitals.

Global Influenza Diagnostics Market Regional Analysis–

North America is expected to dominate influenza diagnostics market with the potential rate due to technological advancements, favourable government initiatives to control the disease rates, increase in number of research collaborations and increaseing infectious diseases like seasonal flu and pandemic influenza in this region. The U.S. Centers for Disease Control (CDC) found between about 6 million and 7 million people with flu cases in the U.S. in 2019. According to The Centers for Disease Control and Prevention, around 15.5 million number of visits to physician offices with infectious and parasitic diseases as the primary diagnosis in the United States. As per National Center for Biotechnology Information (NCBI), more than 18 million people work in the healthcare field in the United States.

Global Influenza Diagnostics Market Segmentation:–

By Test Type:

  • Reverse transcription polymerase chain reaction (RT-PCR)

  • Rapid Antigen Testing

  • Cell Culture

  • Others (Immunofluorescence & Serology)

By End-User:

  • Hospitals

  • Research Centers

  • Diagnostic Laboratories

  • Point of care testing centres (POCT)

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