Mononucleosis Diagnostic Global Market Is Expected To Grow With A CAGR Of 4.8% In Forecast Period 2019-2025

Mononucleosis Diagnostic Global Market Is Expected To Grow With A CAGR Of 4.8% In Forecast Period 2019-2025

“Mononucleosis Diagnostic Market – 2019-2025”
A new market study, titled “Discover Global Mononucleosis Diagnostic Market By Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.

  

Mononucleosis Diagnostic Market – 2019-2025

 

Market Overview

The major factors that are responsible for the growth of the global mononucleosis diagnostics market include the rising health awareness and knowledge among patients, technological advancements leading to faster diagnosis, and the rise in the adolescent population. These factors are expected to further contribute to the growth of the market in the forecast period.

Mononucleosis is an infectious disease caused due to the Epstein-Barr virus (EBV), with infection typically occuring in teenagers. This virus can spread through the saliva. If anyone gets EBV, they may probably become immune to mononucleosis for the rest of their life. The rising awareness and knowledge about mononucleosis are driving the growth of the market. The virus that causes mononucleosis plays a role in the development of various types of head and neck cancer, thereby leading to awareness among the general population. Furthermore, there is an increase in the adolescent population across the world, particularly in Southeast Asia, which is expected to drive the overall growth of the market. As mononucleosis occurs in younger people, the large patient pool is expected to create tremendous opportunities for the market. According to the estimates of the United States Census Bureau, in 2017, there were 41,910,114 people aged between 10-19 in the United States, which is approximately 13% of the total population. In addition, according to the data published by the United Nations Population Fund (UNPF), an estimated 60% of the population in Sub-Saharan Africa is below the age of 25.

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The following manufacturers are covered:
Abbott Laboratories
ELITechGroup
Beckman Coulter
Bio-Rad Laboratories
Cardinal Health
Immunostics
Meridian Bioscience
Quidel Corporation
Sekisui Diagnostics
Thermo Fischer Scientific
Siemens
Biomerieux

Market segment by Type, the product can be split into
Monospot Test
Complete Blood Count Test
Epstein Barr Virus (EBV) Antibody Test

Market segment by Application, split into
Hospitals
Laboratories
Others

This report provides comprehensive analysis of
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs

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Scope of the Report

As per the scope of the report, mononucleosis diagnostics refers to the detection of the Epstein-Barr virus (EBV). The market comprises various detection tests used for the diagnosis of mononucleosis. There are various tests available in the market, such as the monospot test, complete blood count test, and Epstein Barr virus (EBV) antibody test. Furthermore, the market is segmented by end user, which is further sub-segmented into hospitals, laboratories, and other end users.

Key Market Trends

Monospot Test Segment by Test Type is Expected to Hold the Largest Market Share during the Forecast Period

A monospot test, also known as a heterophile antibody test, is a rapid test for the detection of infectious mononucleosis caused due to Epstein–Barr virus (EBV). This test is expected to hold the largest market share, owing to the benefits associated with the test, such as non-interference with other tests, accurate results, rapid detection of antibodies, and cost-effectiveness. The monospot test can be used in the detection of other diseases with similar symptoms, such as HIV, cytomegalovirus infection, and strep throat. Serological tests are the most common types of tests performed by the doctors to assign stage-specific treatments to patients. The major market players are focusing on the development of advanced products, which is expected to boost the market growth. Furthermore, the rising disease prevalence and the increase in awareness and knowledge regarding the disease are expected to drive the growth of this segment over the forecast period.

Asia-Pacific Accounted for the Highest Growth Rate in the Global Market

The Asia-Pacific region is holds the highest growth rate for the mononucleosis diagnostic market, and it is expected to show a similar trend over the forecast period, without significant fluctuations. The rising adolescent population in the region is one of the major factors that is expected to drive the growth of the market over the forecast period. As per the estimates of UNICEF, more than half of all adolescents across the world live in Asia, while South Asia is home to the largest number of adolescents in any region in the world (around 340 million ).  South Asia is followed by East Asia and the Pacific, with around 277 million. Thus, owing to the number of adolescents, the region is expected to hold tremendous market opportunities over the forecast period.

Competitive Landscape

The global mononucleosis diagnostics market is dominated by both major and small players. However, there are only a few small market players present in the niche segment of the market. The major market players are focusing on the development of advanced products in order to achieve faster detection.

Customization of the Report

  • Value chain analysis
  • Consumer behavior analysis at country level

The report includes six parts, dealing with:
1.) basic information;
2.) the Asia Mononucleosis Diagnostic Speaker Market;
3.) the North American Mononucleosis Diagnostic Speaker Market;
4.) the European Mononucleosis Diagnostic Speaker Market;
5.) market entry and investment feasibility;
6.) the report conclusion.

 

Table of Content:


1 Study Coverage

2 Executive Summary 

3 Breakdown Data by Manufacturers 

4 Breakdown Data by Type 

5 Breakdown Data by Application 

11 Company Profiles 

12 Future Forecast 

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis 

14 Value Chain and Sales Channels Analysis 

15 Research Findings and Conclusion

16 Appendix 

 

The key insights of The report Research:

1.The report Research provides key statistics on the market status of the Mononucleosis Diagnostic manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report Research presents the company profile, product specifications, capacity, production value, and 2019-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report Research estimates 2019-2025 market development trends of Mononucleosis Diagnostic industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report Research makes some important proposals for a new project of Mononucleosis Diagnostic Industry before evaluating its feasibility.

 

Reasons to Purchase this Report:

* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.

Continued …

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