Pune, India -- (SBWIRE) -- 07/02/2018 -- Global Influenza Diagnostics Market is growing moderately. Influenza or flu is one of the common medical condition which occur in seasonal epidemics and shows an acute illness with variable degrees of systemic symptoms which ranges from mild fatigue to respiratory failure and death. Influenza B is most common type of flu. Influenza infection can create health complications which may be deadly, but early diagnosis of influenza can reduces the chances of further complications.

According the World Health organization, there are almost 600 million cases of influenza worldwide. The increasing demand for advanced diagnostic products and kits, increasing R&D funding for new innovative products and increasing healthcare expenditure are major driving factors for this market. The Global Influenza Diagnostics market is expected to reach US$ 700.7 million by 2023 and is projected to grow at the CAGR of ~5.8% during the forecast period from 2017-2023.

Influenza Diagnostics Market - Major Players

There are plenty of large and small market players which operate in this market:

Alere (US)
BD (US)
Becton
Dickinson and Company (U.S.)
Cepheid (US)
bioMérieux SA (France)
Hardy Diagnostics(US)
LifeSign LLC.(US)
Meridian Bioscience Inc.(US)
Quidel Corporation (US)
Roche Molecular Systems Inc.(Switzerland)
Sekisui Diagnostics (US)

All the major players in this market are focusing and investing on R&D to develop new and advanced product for the influenza diagnosis. Changing healthcare practices and rapid adoption of new techniques by the healthcare professionals for the early diagnosis are creating many opportunities in this market. All the major players are competing with each other to capture major stake in this market. On the other hand, many small companies are also holding small but marginable share in this market are also getting into research and development to create innovative and advanced products for the diagnosis of influenza. These players are adopting the strategy of collaboration, distribution agreements among others to expand their network in emerging and potential markets to increase their global presence.

Influenza Diagnostics Market - Intended Audience

Influenza Diagnostics Solution providers
Diagnostic suppliers
Medical Research laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Potential Investors

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Influenza Diagnostics Market - Segmentation

Global Influenza Diagnostics Market has been segmented on the basis of type of flu which comprise Type a flu (Seasonal flu, Swine Flu, Bird Flu), type B flu, Type C flu. On the basis of type of test it segmented into Molecular Tests, Rapid Influenza Detection Tests (RIDT), Direct Fluorescent Antibody (DFA) Tests, Nucleic Acid Sequence-based Amplification (NASBA) Tests, Serological Assays, Simple Amplification-based Assays (SAMBA), Loop-mediated Isothermal Amplification-based Assays (LAMP), and Others. Serological assays further sub segmented into Primary Serological tests (Enzyme linked immuno sorben assay (ELISA), Immuno fluorescent antibody technique (IFAT), Radio immuno assay (RIA), Secondary Serological tests (Agglutination tests, Complement fixation tests (CFT), Precipitation tests Serum neutralization tests (SNT), Toxin-antitoxin test), and Tertiary serological tests.

Influenza Diagnostics Market - Regional Analysis

Considering the global scenario of the market, North America is holding the largest market share in global Influenza Diagnostics market in 2016. While the European region captures the second largest share in Global Influenza Diagnostics market. Asia-Pacific will be fastest growing market for Influenza Diagnostics during the forecast period. Middle East and Africa is expected to grow at steady pace during the forecast period.

Major Table of Content

1. Report Prologue

2. Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4. Market Dynamics

Continued…

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