This Influenza Diagnostics market research report is formulated by conducting a systematic, objective and exhaustive study of the details related to several subjects in the field of marketing. This market report genuinely analyses the potential of the market with respect to current scenario and the future prospects by taking into consideration numerous industry aspects. Not to mention, various steps for gathering, analysing and recording the data and information have been utilized for generating the report. Businesses can confidently refer this top-quality Influenza Diagnostics market report to accomplish an absolute success. The market drivers and restraints have been explained in the document using SWOT analysis.
Data Bridge Market Research analyses that the influenza diagnostics market which was USD 0.75 billion in 2021, is expected to reach USD 1.26 billion by 2029, at a CAGR of 6.69% during the forecast period 2022 to 2029.
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Market Definition
Influenza is a severe viral respiratory infection that causes significant morbidity and mortality throughout the world. Human disease is caused by three types of influenza, because of its high susceptibility to antigenic variation, influenza A is the type most responsible for pandemics. Influenza is highly contagious, with symptoms including fever, cough, chills or sweats, myalgias, and malaise.
Global Influenza Diagnostics Market Dynamics
Drivers
- Growth in influenza research for diagnostic technologies
The increasing global prevalence of influenza has increased RD efforts toward effective detection and diagnosis. The majority of research activity is directed toward developing faster and more accurate diagnostic solutions for influenza viruses, which will lead to market growth.
Furthermore, in the forecast period of 2022–2029, a number of factors are expected to contribute to the growth of the market for influenza diagnostics including the increasing number of government initiatives taken to combat influenza outbreaks, the growing geriatric population worldwide, the advancement of advanced technology, and the rise in cardiovascular diseases and diabetes. The market for influenza diagnostics will expand over the forecast period as a result of increasing healthcare spending, rising research and development, and a number of other favourable factors.
Some of the major players operating in the influenza diagnostics market are:
- Siemens (Germany)
- Hologic, Inc. (U.S.)
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
- Abbott (U.S.)
- BD (U.S.)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Thermo Fisher Scientific Inc. (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- NeuroLogica Corp.(U.S.)
- Shimadzu Medical (India) pvt. Ltd. (Japan)
- GENERAL ELECTRIC (U.S.)
Objectives of the Report
- To carefully analyze and forecast the size of the Influenza Diagnostics market by value and volume.
- To estimate the market shares of major segments of the Influenza Diagnostics
- To showcase the development of the Global Influenza Diagnostics market in different parts of the world.
- To analyze and study micro-markets in terms of their contributions to the Influenza Diagnostics market, their prospects, and individual growth trends.
- To offer precise and useful details about factors affecting the growth of the Influenza Diagnostics
- To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Influenza Diagnostics market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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