Viral Disease Diagnosis Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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Viral Disease Diagnosis Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : November, 2021 | Healthcare IT

Report Digest


Global Viral Disease Diagnosis Market: Snapshot

Thousands of deaths are occurring on a yearly basis on account of various viral infectious diseases. Some of the viral diseases occurring are rabies, avian influenza, HIV-1, measles, enterovirus, poliovirus, coronavirus, and Metapneumovirus. This has resulted in global public health concerns. Common influenza, contagious infections, and serious pandemics are some of the issues that need clinical prognosis for an early detection of the infectious agent. It is thus essential to identify the viral pathogens so as to prevent transmission, make use of the necessary therapy, and monitor the effect of the therapy. This will ultimately lead to disease diagnosis, management, and control.

The report identifies latest technological advancements in viral diagnosis such as mass spectrometry, polymerase chain reaction, and next generation sequencing. It discusses how these new viral diagnosis methods are being applied for the identification and management of viral disease diagnosis. Such new advancements have revolutionized clinical viral disease diagnosis and can efficiently and quickly detect viral pathogens.

The study also discusses key challenges facing the global viral disease diagnosis market such as high cost, which is limiting the use of these diagnostics in many laboratories and healthcare centers. High cost is especially becoming a problem in resource limited settings. However, the emergence of microfluidic technology is attracting many biomedical research groups and is estimated to hold immense growth potential in the field of viral disease diagnosis. Moreover, this technology can be a cost effective means to diagnose viral disease.

Global Viral Disease Diagnosis Market: Overview 

Viruses are minute organisms that are made up of genetic material and can cause infection in the body. These viruses invade and attach themselves to a host cell, thus killing or altering the function of that cell. This results into an infection in the human body. There are several ways by which viruses can be transmitted such as contact with infected person, and unsafe sex. Poor personal hygiene also increases the risk of virus infection. 

Viral disease diagnosis is crucial to reduce the risk of epidemics and to provide treatment in a timely manner. High burden of viral diseases continues to be a public concern across communities in the world. 

The viral disease diagnosis market report is presented collecting data from industry-centric databases and using validated analytical tools for scrutiny of the information.

Global Viral Disease Diagnosis Market: Drivers and Restraints 

The increasing incidence of viral infections, clinical research, and technological advances in molecular diagnostics are some of the major factors driving the global viral disease diagnosis market. Moreover, development of precise rapid screening tests with improved detection time and choice of effective treatments is further propelling the market’s growth. 

However, continuous variation in viral genome and varied environmental conditions lead to several strains of viruses which may challenge the utilization of existing viral disease diagnostic tests. Moreover, lack of expertise, low awareness about diagnostic tests, and limited availability of virological laboratories especially in developing countries may result in underutilization of viral disease diagnostic tests by clinicians. 

Global Viral Disease Diagnosis Market: Market Segmentation 

The global viral disease diagnosis market is segmented on the basis of diagnostic test, end users, virus type, and geography. On the basis of diagnostic test, specimen examination, serodiagnostic tests, and viral isolation are the segments of the market. Specimen examination involves direct examination of specimen for presence of virus antigen using light microscopy, electron microscopy, and various molecular techniques. Serodiagnostic tests involve several serological methods to detect virus specific immunogens or viral antigens. The sub-segments of serodiagnostic tests are complement fixation test, hemagglutination inhibition test, particle agglutination, single radial hemolysis, western blot, immunofluorescence technique, neutralization test, ELISA, line immunoassay, and recombinant immunoblot assay (RIBA). 

By end users, physician offices, commercial laboratories, physician offices, and nursing homes are the segments of the global viral disease diagnosis market. By virus type, Adenovirus, Cytomegalovirus, Dengue virus, Enterovirus, Hepatitis virus (HAV, HCV, HBV), HIV-1, Human Coronavirus, Human Metapneumovirus, Human Rhinovirus A, Measles Virus, Poliovirus, Rabies virus, Varicella Zoster virus, Avian Influenza, Coxsackievirus, Epstein-Barr virus (EBV), Lymphocryptovirus, Herpes virus (HSV-1, HSV-2), HIV-2, Human Herpesvirus, Human Papillomavirus (HPV), Influenza virus, Mumps virus, Rubella virus, Syncytial virus (RSV), West Nile virus, and others are the segments of the market. 

By geography, the report divides the global viral disease diagnosis market into North America, Asia Pacific, Europe, and Rest of the World. 

Companies Mentioned in Report 

The report mentions and profiles top companies operating in the global viral disease diagnosis market, namely Abbott Laboratories, Cepheid, Roche Diagnostics, Thermo Fischer Scientific, bioMerieux, Becton Dickinson and Company, Affymetrix, Novartis Diagnostics, and Siemens AG.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?