Increasing concerns regarding virulent diseases drives the Asia Pacific NIPAH Virus Diagnostics Market growth in the forecast period, 2022-2026F.
Also, growing requirement for effective screening tests coupled with new technology developments by key market players are also substantiating the growth of the Asia Pacific NIPAH virus diagnostics market in the next five years. Also, increasing instances of virus influenced infections are rapidly increasing. Countries like India, Malaysia, Bangladesh is too prone to excessive spread of NIPAH virus.
The uncontrollable widespread of the viral infection demands early and efficient diagnosis and thereby supports the growth of the Asia Pacific NIPAH virus diagnostics market in the future five years. Moreover, higher mortality rate of the NIPAH virus infection is also influencing the growth of the Asia Pacific NIPAH virus diagnostics market in the forecast years, until 2026.
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The Asia Pacific NIPAH virus diagnostics market is segmented on the basis of test type, sample, end user, competitional landscape, and country analysis. Based on test type, the market is further fragmented into RT PCR, and ELISA. RT PCR is anticipated to hold the largest revenue shares of the market in the upcoming five years and dominate the market segment on the account of efficient and effective means of the process of RT PCR.
The method is reverse transcriptase – polymerase chain reaction, which is a lab technique that combines reverse transcription of RNA into DNA. Viruses do not posses their own DNA. They carry RNA as the genetic material and utilizes host cells for the replication. RT PCR process analyzes the process of RNA into DNA transcription and identifies the presence of the type of virus and its infection.
ELISA is also anticipated to register significant growth on the account of its increasing usage to identify the NIPAH virus in the infection spread. ELISA is Enzyme Linked Immunosorbent Assay; the process analyses the presence of antibody that is produced by the body’s immune system in the presence of antigens. Both the processes are actively being utilized to identify the virus infection.
Based on sample, the market is segmented into throat & nasal swab, urine, blood, and others. Throat and nasal swab samples are anticipated to register largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of increased diagnostic kits that takes in throat and nasal swabs samples for the identification of NIPAH virus infection.
Moreover, rapid detection of active NiV infection to support early outbreak detection and case management, and to ensure early implementation of infection control measures, throat & nasal swabs are the best samples, thus driving the growth of the Asia Pacific NIPAH virus diagnostics market in the next five years.
On the basis of end user, the market is further bifurcated into hospitals & clinics, diagnostics laboratories, and others. Diagnostics laboratories are expected to register largest revenue shares of the market and dominate the market in the upcoming five years on the account of increasing demands for the early diagnosis of the viral infection. Moreover, the dependency of the consumers on the private diagnostics laboratories is further aiding the growth of the Asia Pacific NIPAH virus diagnostics market in the next five years.
A partial list of major shareholders of the Asia Pacific NIPAH virus diagnostics market includes,
- Molbio Diagnostics Pvt. Ltd.
- Krishgen Biosystems
- MyBioSource, Inc.
- Liferiver Bio-Tech (United States) Corp
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“India, China, and South Korea are some of the major countries that are expected to dominate the future market growth. Healthcare industry in these countries is flourishing and expanding in the recent years. Advancement in the diagnostic kits, and consistent research is further aiding the growth of the market in the Asia Pacific region. In the light of COVID-19 early diagnosis and efficient testing demands have increased and are supporting the market growth. Surging demands for the consistent research to manufacture innovative diagnostic tests is further substantiating the growth of the Asia Pacific NIPAH virus diagnostics market in the next five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Asia Pacific management consulting firm.
“Asia Pacific NIPAH Virus Diagnostics Market By Test Type (RT-PCR v/s ELISA), By Sample (Throat & Nasal Swab, Urine, Blood, Others), By End User (Hospitals & Clinics, Diagnostics Laboratories, Others) By Country, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of Asia Pacific NIPAH virus diagnostics and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Asia Pacific NIPAH virus diagnostics.
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