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Global Rapid Influenza Diagnostic Tests Market 2017-2021 with Alere, BD & Quidel Dominating - Research and Markets

[September 12, 2017]

Global Rapid Influenza Diagnostic Tests Market 2017-2021 with Alere, BD & Quidel Dominating - Research and Markets

The "Global Rapid Influenza Diagnostic Tests Market 2017-2021" report has been added to Research and Markets' offering.

The global rapid influenza diagnostic tests market to grow at a CAGR of 9.06% during the period 2017-2021.

Global Rapid Influenza Diagnostic Tests Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers revenue generated by the sales of RIDTs.

One trend in the market is rising technological advancements in diagnostics. The current healthcare market is shifting toward novel technology based, cost-effective devices in the diagnostic industry. There is an increasing number of manufacturers focusing on developing new-generation POC influenza tests such as LoC/microchip technology based on microelectromechanical system (MEMS). This technology mainly focusses on biological and chemical applications.

According to the report, one driver in the market is government initiatives to control and revent influenza. Pandemic influenza poses a risk of human health. For instance, the recent emergence of influenza A (H1N1) virus had led to a global influenza pandemic. As a result, there is increased requirement for diagnostic tests for influenza globally. Sophisticated influenza tests are available only in specialized laboratories.

Further, the report states that one challenge in the market is product safety features of the test kits. Product safety features of any diagnostic tests are highly recommended to measure the efficacy and acceptability of a product. The product safety features ensure that the product is suitable for the consumers. Also, it ensures guarantee to the consumers that they are compliant with international standards. The regulatory organizations dealing with testing of the product features entitle the manufacturers to display specific mark accepted in particular country.

Key vendors