The RSV Diagnostic Market by Technology
The RSV Diagnostic Market is segmented based on technologies such as Molecular Diagnostics, Immunoassays, Monoclonal Antibodies, Differential Light Scattering, Flow Cytometry, Artificial Intelligence, Chromatography, Diagnostic Imaging, Liposomes, Gel Microdroplets, and Others. Among these segments, Molecular Diagnostics have a higher sensitivity and specificity.
The RSV Diagnostic Market by End Users:
The major consumers for diagnostic kits include Hospitals, Nursing homes, Commercial Laboratories, and Public Health Laboratories. Hospitals are the major end user for RSV Diagnostic market. In the year 2000, 402,000 emergency room visits, 2,36,000 hospital outpatient visits and 86,000 hospitalizations of children below the age of five years were a result of RSV infection
The RSV Diagnostic Market by Geographic Distribution
The RSV diagnostic market involves North America, Europe, Asia Pacific and Rest of the World. Currently, the market is dominated by North America and Europe due to the increasing cases of respiratory diseases. However, Asia-Pacific region is an emerging market, as there are increasing incidences of RSV infections and a growing healthcare awareness.
Some of the key players in this market are Abott Laboratories, Becton Dickinson and Company, bioMerieux, Bio-Rad Laboratories, Beckman Coulter Thermo Fisher Scientific and EMD Millipore. In 2001, Abott and IntelligentMDx (IMDX) entered into an agreement in which IMDx would develop and design real time PCR assays for the Abott m2000 instrument system. The IMDx Flu A/B and RSV test is one such test developed by IntelligentMDx (IMDX) of Cambridge, for Abbott's m2000 molecular diagnostics system. The test is a qualitative Reverse Transcription test for rapid detection of different strains of RSV as well Influenza A, and Influenza B. The test could analyze 94 samples per run and it is fully automated with minimal turnaround time.
High Level Analysis
The report gives an in depth analysis of the RSV diagnostic market. The buyers’ power in this market is high, as there are many suppliers providing diagnostic kits for RSV. The threat of new entrants in the market is low as there are highly differentiated diagnostic kits manufactured by established companies and initial capital investment required is high. The threat of substitutes is low due lack of alternative diagnostic technology for detection of RSV.
In depth analysis of current technologies used in the RSV diagnostic enables strategic decision making by stakeholders
Identification of drivers, restraints and opportunities in the market
Market segmentation based on technology, end users and geography helps in exploring new business opportunities.
Analysis of the key players in the market and the technologies developed by them would help in understanding strategies
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