Asia Pacific NIPAH Virus Diagnostics Market to show Impressive Growth During the Forecast Period
Increasing concerns regarding virulent diseases drives
the Asia Pacific NIPAH Virus Diagnostics Market growth in the forecast period, 2022-2026F.
According to TechSci Research report, “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” the Asia Pacific NIPAH
virus diagnostics market is projected to grow on the backbone of enhancing
healthcare services in the region. Increasing number of countries dedicating
their resources and finances toward finding the best healthcare facilities for
the concerned population is further driving the growth of the Asia Pacific
NIPAH virus diagnostics market in the upcoming five years.
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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