Influenza Diagnostics Market Size, Share and Forecast 2021-2027

The global influenza diagnostics market is anticipated to grow at a CAGR of around 8.3% during the forecast period (2021-2027). The rising prevalence of influenza diseases, the growing geriatric population which is more prone to this disease, and the rising demand for early diagnosis are the major factors driving the growth of the market. According to the estimates of the Centers for Disease Control & Prevention, in 2019-2020, flu caused 38 million illnesses, 400,000 hospitalizations, and 22,000 deaths in the US. The demand for point-of-care diagnosis solution and effective diagnostic kits has increased in the last few years due to growing concern and awareness for the treatments. To fulfil the market needs and customer demands, various authorities giving fund for the development of drugs and companies also taking initiatives by launching new molecular diagnostic kits. 

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In February 2021, Luminex Corp. has received a fund of $11.3 millionfrom the US Department of Health and Human Services' Biomedical Advanced Research and Development Authority (BARDA). The fund was given to support the development and validation of a multiplex respiratory panel for flu A/B, respiratory syncytial virus (RSV), and SARS-CoV-2 targets on its Aries systems. Moreover, in June 2020, Cepheid announced the development of a next-generation Xpert Xpress SARS-CoV-2/Flu/RSV four-in-one test for the detection of SARS-CoV-2, Flu A, Flu B and RSV from a single patient sample. Similarly, in February 2020, Abbott Laboratories had launched a new inactivated quadrivalent vaccine for influenza that offers protection against four virus strains in India. Besides, these product developments, the Enormous Funding and Investment by the government for the R&D of influenza diagnostics further projected to create lucrative opportunities to the market.

Market Coverage

·         The market number available for – 2020-2027

·         Base year- 2020

·         Forecast period- 2021-2027

Segment Covered- 

·         By Test Type

·         By End-User

Regions Covered-

·         North America

·         Europe

·         Asia-Pacific

·         Rest of the World

·         CompetitiveLandscape- F. Hoffmann-La Roche Ltd, Quidel Corp., Thermo Fisher Scientific Inc., Abbott Laboratories, Luminex Corp., Becton, Dickinson and Co., among Others.  

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A full Report of Influenza Diagnostics Market is Available at:  https://www.omrglobal.com/industry-reports/influenza-diagnostics-market

Global Influenza Diagnostics Market Report Segment

By Test Type

·         Molecular Diagnostic Assays

·         RT-PCR

·         LAMP

·         NASBA

·         SAMBA

Traditional Diagnostic Tests

·         Rapid Influenza Diagnostic Tests (RIDT)

·         Serological Assay

·         Viral Culture

·         By End-User

·         Hospitals & Diagnostic Centers

·         Research & Academic Institutes

·         Contract Research Organizations (CROS)

Global Influenza Diagnostics Market Report Segment by Region

North America

·         United States

·         Canada

Europe

·         UK

·         Germany

·         Spain

·         France

·         Italy

·         Rest of Europe

Asia-Pacific

·                     India

·                     China

·                     Japan

·                     South Korea

·                     Rest of APAC

Rest of the World

·                     Latin America 

·                     Middle East & Africa

Company Profiles 

·         3M Co.

·         Abbott Laboratories

·         Arbor Vita Corp.

·         Becton, Dickinsonand Co.

·         BioFire Diagnostics, LLC

·         bioMérieux SA

·         Cardinal Health, Inc.

·         Cepheid 

·         Creative Diagnostics

·         Cue Health Inc.

·         DiaSorin Molecular LLC

·         F. Hoffmann-La Roche AG

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1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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