Portland, OR -- (SBWire) -- 07/28/2017 --Respiratory syncytial virus (RSV) is a virus which causes respiratory infections such as bronchiolitis and pneumonia. Globally, the cases of RSV infections are on the rise which is fueling the demand for rapid diagnostic techniques. According to the CDC, each year, on an average, RSV leads to the hospitalization of around1,32,000- 172,000 children below the age of five and the death of around 14,000 adults above the age of 65,in the United States alone. This rising incidence of RSV infections is the major driving force for this market. As the clinical symptoms of RSV infections are indistinguishable from other respiratory infections, there is a growing need for rapid, specific and sensitive diagnostic techniques. The current shortage of specific treatment options and the development of vaccines for RSV in the future are the major restraints for this market.
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The report gives an in depth analysis of the RSV diagnostic market. The buyers' power in this market is high, as there are many suppliers providing diagnostic kits for RSV. The threat of new entrants in the market is low as there are highly differentiated diagnostic kits manufactured by established companies and initial capital investment required is high. The threat of substitutes is low due lack of alternative diagnostic technology for detection of RSV.
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KEY DELIVERABLES
The RSV diagnostic market is segmented based on technology, end users and geographic distribution.
RSV Diagnostic Market by Technology
-Molecular Diagnostics
-Monoclonal Antibodies
-Immunoassays
-Differential Light Scattering
-Artificial Intelligence
-Liposomes
-Flow Cytometry
-Chromatography
-Diagnostic Imaging
-Gel Microdroplets
RSV Diagnostic Market by End Users
-Hospitals
-Nursing homes
-Commercial Laboratories
-Public Health Laboratories
The RSV Diagnostic Market by Geographic Distribution
-North America
-Europe
-Asia Pacific
-Rest of the World
Global Respiratory Syncytial Virus (RSV) Diagnostic Market - Opportunities and Forecasts, 2014-2022