Increase In Adoption Of Technologically Advanced Tests Likely To Boost Adenovirus Testing Market Sales
According to the latest research by Fact.MR, adenovirus testing market is set to witness a 6.9% growth during the year 2021-2031. The market is moderately fragmented and the demand for adenovirus testing will witness sharp growth owing to increasing need for early diagnosis of chronic diseases. Adenovirus prompts the most common respiratory outbreaks and diseases which occurs each year.
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- By Assay
- PCR Assay Kits
- Antigen Detection Kits
- Other Assay Kits
- By Diagnostic Technique
- Polymerase Chain Reaction (PCR)
- Antigen Based Assay
- Monoclonal Antibodies
- Virus Culture
- Liposomes And Flow Cytometry
- Gel Microdroplets
- By End User
- Diagnostic Laboratories
- By Region
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
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Who are the Key Manufacturers and Suppliers of Adenovirus Testing?
Some of the leading manufacturers and suppliers of Adenovirus Testing include
- Agilent Technologies
- Becton Dickinson and company
- Novartis AG
- Bio-Rad Laboratories Inc.
- F. Hoffmann-La Roche AG
- Abbott Laboratories
- CTK Biotech Inc.
US dominates the global market over the forecast period, due to growth in public health concerns about infectious diseases like pneumonia. Pneumonia is considered to be related to adenovirus infection.
In addition, there are a number of private diagnostics laboratories and hospitals in the U.S. and Canada that provide a wide-ranging portfolio of tests to detect the existence of adenovirus. Also, rising demand for cutting-edge molecular diagnostic tests, technological advancement in molecular diagnostics and growth in the incidence of adenovirus infection are projected to boost the market for adenovirus Testing.Europe Demand Outlook for Adenovirus Testing
Europe is expected to be second most lucrative region for market.? This growth is attributable to the opportunistic approach to increasing investments in the field of adenovirus testing and the presence of a rising number of key players.
Also, the growing living standards and an increase in geriatric population results into increased demand for chronic disease detection and management, the burden of diseases is changing. This is also leading to growth of the market.
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