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Global Mycoplasma Testing Market
Global Mycoplasma Testing Market
The GMI Research asserts that the Mycoplasma Testing Market will bolster over the forecast period. This is because of the introduction of novel rapid testing kits with a surge in pharmaceutical research and development activities.
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Mycoplasma Testing Market Dynamics
The increasing incidences of contagious and chronic diseases, such as, cancer, HIV/AIDS, and COVID-19 pandemic have stimulated the growth of the global Mycoplasma testing market. Further, the accelerating aging population and altering lifestyle of individuals will contribute to the market growth. The rising ubiquity of COVID-19 pandemic and the rising demand to detect mycoplasma testing for perceiving and detecting the number of infectious cases and antibody response to the virus has stimulated the global mycoplasma testing market share.
For example, as per the Worldometer Information, approximately 140 million people were infected in April and the coronavirus caused 3 million deaths globally. It created huge demand for the detection of the antibody antigen test to combat against Covid-19 infections. For disease diagnosis several infections testing such as mycoplasma testing is extensively used in the co-infection testing of pathogens such as mycoplasma pneumonia in patients suffering from coronavirus. However, excessive investment demands massive expenditure and the market is highly controlled by the key players which may restrain the mycoplasma testing market size.
Technology Segment Drivers
ELISA is projected to dominate the market over the coming years. This is because of the outburst of the COVID-19 pandemic with an increase in demand to identify the symptoms of pneumonia in minimum time with better accuracy. Also, ELISA product is extensively implemented across pharmaceutical research activities to establish novel drugs.
Application Segment Drivers
The virus testing is projected to maintain its supremacy over the forecast period. This is because of the introduction of new rapid testing kits with a rise in the coronavirus diagnosis. For instance, Cipla, in 2020, introduced fast antigen test kits to detect Covid-19. Similarly, Roche further launched new rapid corona virus test in Europe for managerial clearance with point-of-care setting.
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