Zika Virus Testing Market Overview:
The daunting sway zika virus had held over the populace in recent past has a far-reaching impact on governments in terms of initiatives undertaken. FDA had recently made it mandatory for zika virus testing of all the blood testing done across the U.S. in hospitals and laboratories just to keep the virus at bay. Borne by Aedes genus of mosquitoes, this disease can be easily transmitted to another person even via sexual intercourse and pregnant women, if affected, can forward that to her newborn child as well. These initiatives have resulted in the growth of zika virus testing market, and the market is all set to witness a considerable hike during the forecast period (2017-2023), asserts Market Research Future (MRFR) in an extensively analyzed report. FDA and the U.S. government have taken considerable steps to outclass this disease by having it properly tested and developing drugs that can contain the virus. The outcome is quite overwhelming. The World Health Organization (WHO) is also quite aware of the impacts of the virus and has taken steps accordingly. For instance, in 2016, it had declared a health emergency in the Americas, where the disease was spreading its wings. Subsequently, testing kits for the disease found a significant market and started growing in leaps and bounds. These precautionary decisions can act like a global market booster for the zika virus testing.
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Researchers from Brigham and Women’s hospital have recently come out with their discovery where they have used nanotechnology and digital health systems to detect zika virus. In the process. They have involved smartphones as necessary equipment for the testing. The method is known as nanomotor-based bead-motion cellphone (NBC) system, which can have considerable impacts in afflicted regions.
Technology firm Inovatech, in collaboration with the São Paulo Research Foundation, developed a test at the Butantan Institute that can detect antibodies against zika virus in samples with great precision to declare infection, if any, caused by the virus previously.
Zika Virus Testing Market – Competitive Analysis
Although still in its embryonic stage the Zika Virus Testing market is moderately competitive already. This market demonstrates a pretty good growth prospects that are expected to attract new entrant further introducing the market with fierce competition.
Industry/ Innovations/ Related News
March 19, 2018 – Research Study Published – Researchers at the Center for Infection & Immunity of Columbia University (US) presented their study of the new Zika Virus Test they have developed – named as – ZIKV-NS2B-concat ELISA. The new blood test extends the window of accurate detection from weeks to months after the onset of Zika infection.
March 01, 2018 – Research Study Published – Researchers at New York University College of Dentistry (NYU Dentistry) presented their study of the new Zika Virus Test they have developed through using saliva samples (instead of blood samples). The innovation was developed in collaboration with Rheonix, a molecular testing company. The concept was adopted from preceding research done by the team on a HIV test (saliva-based).
Zika Virus Testing Global Market – Segments
The Zika Virus Testing market can be segmented in to three key dynamics for the convenience of the report and enhanced understanding;
By Types of Test : Comprises Serological/Zika Virus Antibody, Molecular/Nucleic Acid Amplification, etc.
By End Users : Diagnostic Units, Hospitals, & Pathology Labs among others.
By Region : Europe, APAC, North America, and Rest of the World.
Worldwide Zika Virus Testing Market – Geographical Analysis
North America is the largest market for Zika Virus Testing accounting for the maximum market share. This growth attributes to the augmenting awareness towards the advantages of the Test kits and the augmented governmental spending for R&D activities to develop novel medical diagnostic tests. The market is expected to grow pervasively in the years to come continuing with the same trends. Technological advancements transpired in to the field of Zika Virus Testing are also one of the prominent driving forces for the regional growth.
Similarly, European governments are spending substantially on diagnostic tests innovations and treatments for the after effects of these Viruses.
Despite the several adversaries Asia pacific market is surging rapidly due to the ongoing programmes to increase awareness among people, developments in healthcare coupled with the growing rate of literacy & per capita income. These trends are expected to foster the regional market growth demanding the maximum market share of the market. Further the APAC Region is poised to emerge as the fastest growing region over the forecast period.
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