Market Overview:
The global influenza B virus nucleic acid detection kit market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of influenza, rising demand for nucleic acid detection kits for diagnosis and research applications, and technological advancements in nucleic acid detection kits. However, the high cost of advanced nucleic acid detection kits may restrain the growth of this market during the forecast period. Based on type, the global influenza B virus nucleic acid detection kit market is segmented into DNA, RNA, and DNA/RNA. The DNA segment is expected to account for a major share of this market during the forecast period owing to its high sensitivity and specificity compared with other types of tests. Based on application, this market is divided into diagnosis and research applications.
Product Definition:
The Influenza B Virus Nucleic Acid Detection Kit is used to detect the nucleic acid of influenza B viruses. The kit is important for diagnosing and monitoring influenza outbreaks.
DNA:
The global DNA, it's usage and growth factor in Influenza B Virus Nucleic Acid Detection Kit market size was valued at USD 39.6 million in 2016. It is expected to expand at a CAGR of XX% during the forecast period. The influenza virus is an infectious agent that causes infection by entering the body through respiratory tract or lungs, gastrointestinal tract, and blood vessels of the human body; causing pneumonia or cold symptoms as a result of infection.
RNA:
RNA is a nucleic acid that serves as aribozyme intermediate during the infection process. It is found in all viruses and can be extracted from the virus particle by protein-based purification methods or by chemical extraction. The RNA of influenza B virus has been known to play an important role in viral replication, pathogenesis, and immunity responses.
Application Insights:
Based on application, the global influenza B virus nucleic acid detection kit market is segmented into diagnosis and research. Diagnosis held the largest share in 2017 due to high usage of these products for identifying Influenza A (H1) viruses and other RNA viruses. On the other hand, research segment is expected to witness fastest growth over forecast period owing to increasing R&D activities pertaining to influenza B viruses.
The presence of a robust diagnostic test kit industry for H1N1pdm09 has facilitated easy access of patients to these tests which has positively influenced overall demand in recent years. However, with growing awareness about regular testing and its benefits this may change as more people opt for self-testing kits or home healthcare instead of visiting doctors or hospitals frequently leading towards reduced demand from diagnostics manufacturers during future outbreaks like that of 2018-19 season.
Regional Analysis:
North America dominated the global influenza B virus NAGK in 2017. This is attributed to the presence of sophisticated healthcare infrastructure, high disposable income, and increasing R&D activities in this region. Moreover, North America has one of the highest number of COVID-19 cases globally with more than 13 million people infected as per WHO estimates till mid-April 2018. The U.S., which accounts for a major proportion of COVID 19 cases worldwide is also among the countries with highest cumulative incidence over past 50 years (Figure 1).
Asia Pacific market was valued at USD X million in 2017 and is anticipated to witness lucrative growth over the forecast period owing to rising investments by governments & private entities coupled with growing awareness about early diagnosis across this region especially in developing economies such as India & China (Figure 2).
Growth Factors:
- Increasing demand for nucleic acid detection kits in research laboratories for the detection of various viruses
- Rising prevalence of influenza B virus infections across the globe
- Growing awareness about benefits of using nucleic acid detection kits over traditional methods
- Technological advancements in nucleic acid detection kit technology
- Increasing funding for research on influenza B virus and development of new diagnostic tests
Scope Of The Report
Report Attributes
Report Details
Report Title
Influenza B Virus Nucleic Acid Detection Kit Market Research Report
By Type
DNA, RNA, DNA/RNA
By Application
Diagnosis, Research
By Companies
bioGerm, Geneodx, Liferiver, Daan, Mole, Hologic
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Influenza B Virus Nucleic Acid Detection Kit Market Report Segments:
The global Influenza B Virus Nucleic Acid Detection Kit market is segmented on the basis of:
Types
DNA, RNA, DNA/RNA
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
Diagnosis, Research
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
- Geneodx
- Liferiver
- Daan
- Mole
- Hologic
Highlights of The Influenza B Virus Nucleic Acid Detection 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:
- DNA
- RNA
- DNA/RNA
- By Application:
- Diagnosis
- Research
- 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 Influenza B Virus Nucleic Acid Detection 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 Influenza B Virus Nucleic Acid Detection Kit is a laboratory tool used to detect the presence of influenza B virus nucleic acid in samples.
Some of the major players in the influenza b virus nucleic acid detection kit market are bioGerm, Geneodx, Liferiver, Daan, Mole, Hologic.
The influenza b virus nucleic acid detection kit market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Influenza B Virus Nucleic Acid Detection 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 Influenza B Virus Nucleic Acid Detection Kit Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Influenza B Virus Nucleic Acid Detection 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 Influenza B Virus Nucleic Acid Detection 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 Influenza B Virus Nucleic Acid Detection Kit Market Size & Forecast, 2020-2028 4.5.1 Influenza B Virus Nucleic Acid Detection Kit Market Size and Y-o-Y Growth 4.5.2 Influenza B Virus Nucleic Acid Detection 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 DNA
5.2.2 RNA
5.2.3 DNA/RNA
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 Diagnosis
6.2.2 Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Influenza B Virus Nucleic Acid Detection 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 Influenza B Virus Nucleic Acid Detection 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 DNA
9.6.2 RNA
9.6.3 DNA/RNA
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 Diagnosis
9.10.2 Research
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 DNA
10.6.2 RNA
10.6.3 DNA/RNA
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 Diagnosis
10.10.2 Research
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 DNA
11.6.2 RNA
11.6.3 DNA/RNA
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 Diagnosis
11.10.2 Research
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 DNA
12.6.2 RNA
12.6.3 DNA/RNA
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 Diagnosis
12.10.2 Research
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 DNA
13.6.2 RNA
13.6.3 DNA/RNA
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 Diagnosis
13.10.2 Research
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 Influenza B Virus Nucleic Acid Detection Kit Market: Competitive Dashboard
14.2 Global Influenza B Virus Nucleic Acid Detection Kit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 bioGerm
14.3.2 Geneodx
14.3.3 Liferiver
14.3.4 Daan
14.3.5 Mole
14.3.6 Hologic