According to the new market research report RSV Diagnostics Market is expected to reach USD 929.2 Million by 2022 from USD 574.3 Million in 2017, at a CAGR of 10.1%.
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Factors
driving the growth of this market include rising burden of RSV
infections, growing demand for PoC molecular diagnostic tests for the
diagnosis of RSV infections, and increasing approval of RSV diagnostic
kits and assays.
North America is estimated to command the largest share of the market during the forecast period.
Based
on region, the Respiratory Syncytial Virus Diagnostics Market is
segmented into North America, Europe, Asia Pacific, and the Rest of the
World (RoW). North America is estimated to dominate the RSV diagnostics
market in 2017. This is mainly due to factors such as the increasing
patient base of RSV diseases, technological advancements in PoC
molecular diagnostic devices, and growing healthcare expenditures.
Based
on method, the market is segmented into molecular diagnostics, rapid
antigen detection tests, and other methods. The molecular diagnostics
segment is estimated to register the highest growth during the forecast
period.
Based on end user, the market is segmented into hospitals
& clinics and home care. The hospitals and clinics segment is
estimated to grow at the highest rate during the forecast period. The
increasing demand for RSV diagnostic testing in hospitals and clinics is
driving the growth of this segment.
On the basis of products,
the Respiratory Syncytial Virus Diagnostics Market is categorized into
kits and assays, instruments, and other products. The kits and assays
segment is expected to register the highest growth during the forecast
period.
Key players in the RSV diagnostics market
include bioMérieux (France), Becton Dickinson (US), Abbott (US), Roche
(Switzerland), Danaher (US), Luminex (US), BioCartis (Belgium), Hologic
(US), and Fast Track Diagnostics (Luxembourg).
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