Global Zika Virus Testing Market was
valued at USD 131.9 million in 2016 and is estimated to grow significantly due
to the growing demand for diagnostics from different parts of the world. Zika
Virus is a disease by mosquitos that targets pregnant ladies especially the
fetus. In 2016, there was a sudden outburst of Zika Virus, which led to a massive
demand for point-of-care testing diagnostic tests.
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The diagnostic test is not
location specific with no special requirements for special laboratory setup.
The point-of-care test comprises RT-PCR, serology IgG/IgM Antibody detection,
ELISA and with no laboratory organization. These tests are undertaken in riskier
surroundings, which display harsh symptoms of Zika Virus like fever in
pregnancy along with rashes, muscle pain or joint pain and conjunctivitis. The
disease can be transferred form one individual to another either by sexual
contact or from mother to fetus while pregnancy. The disease prevention
planning and funding therapeutic and is expected to boost the market growth in
the coming years with a CAGR of 7.6%.
No proper vaccination has been
found against Zika Virus till date in spite of the extensive ongoing research;
hence to relieve the symptoms care and comfort is the only way to deal with
this situation. Zika Virus detection kit is available for qualitative tests
that are helpful in detecting RNA of Zika Virus from the body samples like
plasma, urine and serum. After detection of Zika Virus is in the body,
antibodies Immunoglobulin M (IgM) are developed against the virus. The Zika
Virus RNA detection test and the positive serum test for Immunoglobulin M (IgM)
are performed to check and ascertain the presence of Zika Virus in the body.
The research and development
activities have been increased by the leading market players due to the
government initiatives for the emergence of enhanced tests for detecting Zika
Virus. The speedy growing prevalence of Zika Virus testing infection,
increasing awareness regarding early detection and rising efforts by the
manufacturers to introduce Zika Virus detection tests are predicted to drive
the market growth. Moreover, the slow speed of adoption of modern technologies
& lack of awareness in emerging nations and enormous costs of branded test
kits are estimated to bring obstacles in the growth of Zika Virus Testing
Market in the near future. Also, incorrect results from defective diagnostic
techniques can affect the Zika Virus Testing Market.
The market report addresses the following queries related to the Zika
Virus Testing Market:
·
What is the estimated value of the Zika Virus Testing Market in 2019?
·
Which region is expected to present a range of
opportunities to market players in the Zika
Virus Testing Market?
·
Which recent market trends are likely to
accelerate the growth of the Zika Virus
Testing Market in the upcoming years?
·
Which end-use industry is expected to hold the
maximum market share in the Zika Virus
Testing Market?
·
What are the recent mergers and acquisitions
that have taken place in the Zika Virus
Testing Market?
Regional Analysis For Zika Virus Testing Market:
For comprehensive understanding
of market dynamics, the global Zika Virus Testing Market is analyzed across key
geographies namely: North America, Europe, Asia-Pacific, Latin America and
Africa. Each of these regions is analyzed on basis of market findings across
major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the
Reports:
·
Detailed overview of Zika Virus Testing Market
·
Changing market dynamics of the industry
·
In-depth market segmentation by Type,
Application etc
·
Historical, current and projected market size in
terms of volume and value
·
Recent industry trends and developments
·
Competitive landscape of Zika Virus Testing
Market
·
Strategies of key players and product offerings
·
Potential and niche segments/regions exhibiting
promising growth.
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