Global Virology Testing Market Trends by Key Players, End User, Demand, Analysis Growth and Forecast 2027
Virology testing market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD XX bn by 2027 growing at a CAGR of 5.45% in the above-mentioned forecast period. Increasing public awareness through various programs regarding flu, virus, STDs, and others which will help in boosting the growth of the market.
Surging volume of patients suffering from virus, flu, STDs, and other diseases, growing number of technological advancement in healthcare sector, increasing healthcare tourism in emerging nations, availability of immune suppressive drug which will likely to enhance the growth of the virology testing market in the forecast period of 2020-2027. On the other hand, advanced in molecular diagnostic technologies which will further bring various opportunities for the growth of the virology testing market in the above mentioned forecast period.
Stringent approval processes along with side effects of drugs and other treatment options are acting as market restraints for the growth of the virology testing in the above mentioned forecast period.
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Virology testing market is segmented on the basis of procedure, diagnosis test, method, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on procedure, virology testing market is segmented into cell culture method, specific antibodies detection, antigen detection, virus nucleic acid detection, gene sequencing, and hemagglutination assays.
- On the basis of diagnosis test, virology testing market is segmented into hepatitis B, hepatitis C, HIV, human papillomavirus (HPV), and other tests. Other tests have been further segmented into influenza, Ebola, and dengue.
- Based on method, virology testing market is segmented into immunoprophylaxis, active prophylaxis (vaccines), passive prophylaxis, antiviral chemotherapy, and interferon’s (cytokines). Antiviral chemotherapy has been further segmented into veridical agents, antiviral agents, and immunomodulators.
- On the basis of application, virology testing market is segmented into skin and soft tissue infections, respiratory tract infections, GI tract infections, urinary tract infection, eye infections, sexually transmitted diseases, and perinatal infections.
- Virology testing market has also been segmented based on the end user into hospitals, clinics, laboratories, diagnostic centers, blood banks, and pharmacies.
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The countries covered in the virology testing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the virology testing market due to the technological advancement in portable diagnostics, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to the development of advanced infrastructure.
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The major players covered in the virology testing market report are Boehringer Ingelheim International GmbH., Merck and Co. Inc, Novartis AG, Abbott, GlaxoSmithKline plc, Siemens Healthcare Private Limited, Johnson & Johnson Services, Inc., AstraZeneca, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., QIAGEN, Illumina, Inc., Cepheid., DiaSorin S.p.A., Bio-Rad Laboratories, Inc., SEQUENOM, bioMérieux SA, Hologic, Inc., Leica Biosystems Nussloch GmbH, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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