The Influenza Diagnostics market is expected to grow from USD 0.73 billion in 2019 to USD 1.27 billion by 2026 at a CAGR of 8.27% from 2020 to 2026.
Influenza, popularly referred to as Flu is that the commonest communicable disease world over. It is a virus infection that attacks the system respiratory that affects the nose, throat, and lungs and may cause mild or severe illness. People with influenza exhibit symptoms like fever, cough, pharyngitis, runny nose, headache, body aches, rhinitis, chill, and fatigue. People usually suffer from flu infections during colder months of the year; however, it also can affect people in other seasons; because it is a highly contagious airborne disease. Influenza tends to spread rapidly during the seasonal epidemics because the virus is transmitted easily from one person to a different via droplets and little particles produced while coughing and sneezing of the infected person. Globally, four sorts of influenza viruses: A, B, C & D infect humans; where human influenza A and B viruses cause seasonal flu. Influenza C type infections cause mild respiratory illnesses whereas influenza type D viruses affect the cattle and don't infect humans. Influenza A viruses are divided into subtypes which are found generally are influenza A (H1N1) and influenza A (H3N2) viruses. The growing government initiatives to counter influenza and the rising prevalence of chronic diseases are the main driving factors for the expansion of this market.
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The global Influenza Diagnostics market has been segmented as below:
By Product Type
Traditional Diagnostic Tests
Molecular Diagnostic Tests
By End-User
Hospitals
Home Care Settings
Other End Users
By Region
Europe
North America
Asia Pacific
Rest of The World
Competitive Rivalry
Hoffmann-La Roche AG, Quidel Corporation, Thermo Fisher Scientific Inc., Abbott Laboratories, Inc., Hologic Inc, Becton Dickinson, Roche Diagnostics, Alere Scarborough, Inc, Princeton BioMedtech corp, Sekisui Diagnostics, and others are among the major players in the global market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
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