Market Overview:
The Global Equine Encephalitis Virus Nucleic Acid Detecting Kit Market is expected to grow at a CAGR of XX% during the forecast period from 2018-2030. The market growth can be attributed to the increasing incidence of equine encephalitis virus, rising demand for nucleic acid detecting kits for diagnosis and treatment, and technological advancements in nucleic acid detection kits. However, the high cost of nucleic acid detecting kits may restrain the market growth. On the basis of type, the global equine encephalitis virus nucleic acid detecting kit market is segmented into Eastern Equine Encephalitis Virus (EEE), Venezuelan Equine Encephalitis Virus (VEE), Western Equine Encephalitis Virus (WEE), and others. The Eastern Equine Encephalitis Virus segment is expected to account for a major share in terms of revenue due to its high prevalence rate as compared to other types of viruses. On the basis of application, hospitals are estimated to account for a larger share in terms of revenue as compared to clinics owing to increasing number diagnostic procedures being carried out in hospitals across different regions globally.
Product Definition:
The Equine Encephalitis Virus Nucleic Acid Detecting Kit is a diagnostic tool used to detect the presence of equine encephalitis virus (EEV) nucleic acid in clinical specimens. The kit is important for diagnosing and monitoring EEV infections in horses.
Eastern Equine Encephalitis Virus:
EECEV is a contagious equine encephalitis virus that attacks the central nervous system of horses. The disease can be passed from one horse to another through contact with an infected animal or its fluids such as nasal discharge, blood, or saliva. An outbreak of EECEV may occur at any time during the year but most often it occurs in summer and early fall when there is increased outdoor activity by horses coupled with climatic conditions that are favorable for viral growth.
Venezuelan Equine Encephalitis Virus:
Venezuelan equine encephalitis virus and it's usage in Equine Encephalitis Virus Nucleic Acid detecting kit market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing incidences of diseases such as Eastern equine encephalitis, Western equine encephalitis, and others.
Application Insights:
Based on the application, the global equine encephalitis virus nucleic acid detecting kit market is segmented into hospital and clinic. The hospital segment dominated the overall market in terms of revenue in 2017 owing to a large number of tests performed at hospitals. Moreover, this segment is expected to maintain its dominance over the forecast period due to factors such as rising awareness aboutEEE among veterinarians and farmers resulting in an increase in testing activities at clinics.
The clinic application segment is expected to exhibit rapid growth during the forecast period owing to increased demand for diagnostic tests for Eastern Equine Encephalitis (EEE), Venezuelan Equine Encephalitis (VEE) and Western Equine Encephalitis (WEE). According with data published by World Health Organization(WHO)in 2018, more than 20 million people are affected by encephalitides across different regions ofthe world every year which results in around 50 thousand deaths.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increased awareness about equine diseases, presence of advanced healthcare facilities and rapid adoption of technologically advanced products. Moreover, high prevalence of these viruses in North America is anticipated to boost demand for EEE testing kits during the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing disposable income and rising awareness among people about early diagnosis of this disease. In addition, increase in number of clinics offering low-cost diagnostic services may also propel demand for EEE virus NAGKs over the next eight years.
In China's urban areas, where most cases have been reported so far due to continuous importation from countries with high incidence such as India and Australia; government has taken several preventive measures such as shutting down abattoirs that are located near populated areas or at least ordered them not operate between April 1st and 15th every year since 2012 (except Hong Kong).
Growth Factors:
- Increasing demand for nucleic acid detecting kits in the field of medical diagnostics
- Growing awareness about the benefits of early diagnosis and treatment
- Technological advancements in nucleic acid detection kits
- Rising prevalence of equine encephalitis virus infections
- Growing demand for nucleic acid testing services
Scope Of The Report
Report Attributes
Report Details
Report Title
Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Research Report
By Type
Eastern Equine Encephalitis Virus, Venezuelan Equine Encephalitis Virus, Western Equine Encephalitis Virus
By Application
Hospital, Clinic
By Companies
BioGerm, Liferiver, Mole, Bioperfectus, Kinghawk
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Report Segments:
The global Equine Encephalitis Virus Nucleic Acid Detecting Kit market is segmented on the basis of:
Types
Eastern Equine Encephalitis Virus, Venezuelan Equine Encephalitis Virus, Western Equine Encephalitis Virus
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BioGerm
- Liferiver
- Mole
- Bioperfectus
- Kinghawk
Highlights of The Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Eastern Equine Encephalitis Virus
- Venezuelan Equine Encephalitis Virus
- Western Equine Encephalitis Virus
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Equine Encephalitis Virus Nucleic Acid Detecting Kit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Equine Encephalitis Virus Nucleic Acid Detecting Kit is a diagnostic tool used to detect the presence of equine encephalitis virus (EEV) nucleic acid in a sample.
Some of the major players in the equine encephalitis virus nucleic acid detecting kit market are BioGerm, Liferiver, Mole, Bioperfectus, Kinghawk.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Equine Encephalitis Virus Nucleic Acid Detecting Kit Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Equine Encephalitis Virus Nucleic Acid Detecting Kit Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Size & Forecast, 2020-2028 4.5.1 Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Size and Y-o-Y Growth 4.5.2 Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Eastern Equine Encephalitis Virus
5.2.2 Venezuelan Equine Encephalitis Virus
5.2.3 Western Equine Encephalitis Virus
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Equine Encephalitis Virus Nucleic Acid Detecting Kit Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Eastern Equine Encephalitis Virus
9.6.2 Venezuelan Equine Encephalitis Virus
9.6.3 Western Equine Encephalitis Virus
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Eastern Equine Encephalitis Virus
10.6.2 Venezuelan Equine Encephalitis Virus
10.6.3 Western Equine Encephalitis Virus
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Eastern Equine Encephalitis Virus
11.6.2 Venezuelan Equine Encephalitis Virus
11.6.3 Western Equine Encephalitis Virus
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Eastern Equine Encephalitis Virus
12.6.2 Venezuelan Equine Encephalitis Virus
12.6.3 Western Equine Encephalitis Virus
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Eastern Equine Encephalitis Virus
13.6.2 Venezuelan Equine Encephalitis Virus
13.6.3 Western Equine Encephalitis Virus
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Equine Encephalitis Virus Nucleic Acid Detecting Kit Market: Competitive Dashboard
14.2 Global Equine Encephalitis Virus Nucleic Acid Detecting Kit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioGerm
14.3.2 Liferiver
14.3.3 Mole
14.3.4 Bioperfectus
14.3.5 Kinghawk