According to the report published by the Market Research Store, global demand for the Adenovir diagnostic market was estimated at approximately USD 2,560.1 Million in 2020 and is expected to generate revenue of around USD 3,911.8 Million by end of 2026, growing at a CAGR of around 11.5% between 2021 and 2026.
Global Adenovir Diagnostic Market: Overview
Adenovirus is one of the DNA viruses that are considered to be the major cause of fever illnesses that is found mostly among children. Adenovirus infections can be recognized by polymerase chain reaction (PCR), antigen detection, virus isolation, and serology and its typing is generally done by molecular methods. Even if any individual has got symptoms of adenovirus infection, it does not necessarily indicate it is causing the individual's specific illness. Sometimes, most of the infections caused by adenovirus are not too critical.
In addition, individuals and children with weak immune systems, chronic respiratory difficulties, and cardiac disease are at higher risk of contracting adenovirus infection. Adenovirus causes various disorders like pneumonia, gastroenteritis, acute respiratory disease, epidemic keratoconjunctivitis, cystitis, and acute follicular conjunctivitis. Moreover, this contagious disease is an airborne disease spreading from an infected person to others through cough, sneezing or close contact. Pharyngitis fever and pharyngeal-conjunctival are the most common disease caused by adenovirus among children. In 2016, according to the Barcelona Center for International Health Research and the University of Barcelona specified that adenovirus is the second most common respiratory virus that causes pneumonia. Adenovirus can also spread through the infected person’s stool or from swimming pools. Technological development such as chromatography, liposome, flow cytometry, gel microdroplets, and monoclonal antibodies are rising as the method of option for the identification of adenovirus infection.
| REPORT SNAPSHOT & REPORTING DATA TIMEFRAME | |
|---|---|
| Parameter | Details |
| Historical Date ( Actual Data) | 2016 - 2020 |
| Base Year Data | 2020 |
| Current Year Data | 2021 |
| Projected Data | 2021 - 2026 |
Global Adenovir Diagnostic Market: Growth Factor
Confirmation of the adenovirus infection is essential to recognize the most appropriate treatment in order to begin the treatment method to bring the control of infection by the use of an accurate antiviral agent which is projected to drive the growth of the market of global adenovirus diagnostics. Earlier, due to the competent replication of the virus in cell cultures, the adenovirus infections were diagnosed by cell culture.
By means of different PCR techniques, amplification and detection of adenovirus DNA are usually done in lab procedures for the identification of adenovirus infection. Furthermore, rising investments in research and development and industrial advancement in the diagnosis of acute respiratory infection of viral diagnosis are anticipated to stimulate the growth in the adenovirus diagnostics market. The rapid detection and quantization of adenovirus DNA, using specific techniques such as PCR is likely to drive the growth of the global adenovirus diagnostic market in the upcoming years.
Global Adenovir Diagnostic Market: Segmentation
The global adenovirus diagnostics market is classified into diagnostic methods and end-user. Depending upon diagnostic method, the industry is segmented into polymerase chain reaction assays, viral culture, monoclonal antibodies, liposome and flow cytometry, chromatography, and gel microdroplets. On the basis of the end-user industry, the market for global adenovirus diagnostics is categorized as private diagnostic laboratories, hospitals, public health laboratories, and small clinics.
Global Adenovir Diagnostic Market: Regional Analysis
North America is projected to expand major traction due to the rise in public health concerns about the various infectious disorders such as pneumonia that is related to adenovirus infection and reimbursement for adenovirus diagnostics. Furthermore, several hospitals, clinics, and private diagnostics laboratories in the U.S. and Canada offer an expansive portfolio of tests for the detection of adenovirus. The adenovirus diagnostic market in Europe is accounted for the largest share market across the globe. The Asia Pacific is also anticipated to develop at a rapid rate owing to the rise in occurrence of the infection. The adenovirus diagnostic market is likely to grow in Africa, where a huge number of children infected with adenovirus are neglected.
Global Adenovir Diagnostic Market: Competitive Players
The major manufacturers in the global adenovirus diagnostics market cover Qiagen, Becton, Dickinson and Company, Agilent Technologies, Affymetrix, Roche, Novartis AG, Abbott, DiaSorin, BioMerieux, Gen-Probe, Bio-Rad, and Beckman Coulter/Danaher.
For example, in March 2021, QIAGEN received FDA emergency use of authorization for NeuMoDx Multiplex Test expanding the Covid-19 portfolio.
Global Adenovir Diagnostic Market: By Diagnostic Method
Global Adenovir Diagnostic Market: By End-User
Global Adenovir Diagnostic Market: Regional Segmentation Analysis
Frequently Asked Questions
What are the key factors driving Adenovir Diagnostic market expansion?
Confirmation of the adenovirus infection is essential to recognize the most appropriate treatment in order to begin the treatment method to bring the control of infection by the use of accurate antiviral agent which is projected to drive the growth of the market of global adenovirus diagnostics. Furthermore, rising investments in research and development and industrial advancement in the diagnosis of acute respiratory infection of viral diagnosis are anticipated to stimulate the growth in adenovirus diagnostics market.
What will be the value of Adenovir Diagnostic market during 2021 - 2026?
The global demand for the Adenovir diagnostic market was estimated at approximately USD 2,560.1 Million in 2020 and is expected to generate revenue of around USD 3,911.8 Million by end of 2026, growing at a CAGR of around 11.5% between 2021 and 2026.
Which region will make notable contributions towards global Adenovir diagnostic market revenue?
North America is projected to expand major traction due to rise in public health concerns about the various infectious disorders such as pneumonia that is related to adenovirus infection and reimbursement for adenovirus diagnostics.
What are the key players leveraging Adenovir diagnostic market growth?
The major manufacturers in the global adenovirus diagnostics market covers Qiagen, Becton, Dickinson and Company, Agilent Technologies, Affymetrix, Roche, Novartis AG, Abbott, DiaSorin, BioMerieux, Gen-Probe, Bio-Rad, and Beckman Coulter/Danaher.
Adenovir Diagnostic
Adenovir Diagnostic
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