Market Overview

Global Zika Virus Testing Market Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 5.5% - ResearchAndMarkets.com

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The "Global
Zika Virus Testing Market - Segmented by Diagnostic Test Type, End User,
and Geography - Growth, Trends, and Forecast (2018 - 2023)"

report has been added to ResearchAndMarkets.com's
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The global Zika virus testing market is expected to register a CAGR of
about 5.5%, during the forecast period of 2018-2023.

Zika virus (ZIKV) infection has been known to be endemic in Africa and
Southeast Asia. The consequent viral spread over the Pacific region led
to an outbreak in the developed and emerging countries, worldwide.
According to the World health Organization (WHO), about 84
countries/territories are or have been previously infected by ZIKV
transmission.

The high cost associated with the testing kits is one of the primary
factors restricting the growth of the market studied. As per a recent
article published in Becker's Healthcare, the cost of screening is high
and positive detections of Zika virus are low. As per the current US
Food and Drug Administration (FDA) policy, blood sample from each
donation is received individually, which leads to high costs. In the
emerging markets like India, the cost is high, and in the range of about
INR 4,500-INR 6,000 per test, in leading diagnostic centers, such as Dr.
Lal PathLabs, SRL Diagnostics, Quest Diagnostics, and Star Imaging.

Due to the rising adoption of new technologies in the medical device
sector, North America is expected to dominate the market studied. The
growth can also be attributed to the rising awareness of the advantages
of testing kits. The government organizations, such as CDC, Pan American
Health Organization (PAHO), etc., have been mainly involved in the
prevention of Zika virus infection.

Companies Mentioned

  • Abbott
  • Altona Diagnostics GmbH
  • Chembio Diagnostic Systems Inc.
  • ELITechGroup
  • F. Hoffmann-La Roche Ltd
  • Fast Track Diagnostics Ltd
  • Genekam
  • Luminex Corporation
  • Primerdesign Ltd
  • Quest Diagnostics

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

7. Market Segmentation

8. Competitive Landscape

9. Key Players

10. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/gt99bl/global_zika_virus?w=4

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