Global Zika Virus Testing Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Zika Virus Testing Market By Test type & End User: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Zika Virus Testing Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
The report is segmented on the basis of test type, end user and region. On the basis of Test type, the market is segmented into nucleic acid amplification testing (NAAT) and serological testing.
On the basis of end user, the market is segmented into clinics & hospitals, private commercial laboratories and government/ publicly funded programs.
Zika virus infection causes microcephaly and other life-threatening neurological disorders, according to Public health officials including CDC and WHO. The recent outbreak of Zika in South America, North America, Carrebian and Europe was caused by a more virulent viral strain from Asia. As a result of which, governmental spending on the development of innovative medical diagnostic tests increased. The current key advanced diagnostic test kits available in the market are rapid IgG/IgM Zika test cards, cassettes, strips and rapid ELISA kits. These test kits have shown promising results with less sample requirement and complications associated with their usage.
Due to its severity, organizations for instance WHO, PAHO, and UNICEF initiated response strategies for Zika outbreak. Funding, research, arranging diagnostics to disease treatment reserves and stockpiling diagnostics for emergencies in the future, are the strategies made by these organizations. All these measures fuel the growth of the Zika Virus Testing market.
Key Question Answered: • What are the different types of Zika Virus Testing types? • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global Zika Virus Testing market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why? • What are major future trends in global Zika Virus Testing market? • What are key market developments and strategies in Zika Virus Testing market?
The major companies profiled in the report include: Abbott Laboratories, altona Diagnostics GmbH, Chembio Diagnostics Inc., ELITechGroup, Euroimmun, MyBioSource.com, Primerdesign Ltd, Quest Diagnostics, Inc., Roche Molecular Systems Inc. and Siemens AG.
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.