Global POC RSV Testing Market 2018-2022

The global POC RSV testing market is geared to witness a meteoric rise over the coming five years supported by the rising need for companion diagnostics. Wondering how to make the most of this booming POC RSV testing industry? Technavio’s extensive industry research report offers a detailed insight that will allow you to take full advantage of the opportunities available to you. This study provides an in-depth analysis of the market by considering the evolving demographics and consumer behavior in the global POC RSV testing market. It also examines the competitive landscape and some key POC RSV testing companies that include Abbott, BD, and bioMérieux.

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The global POC RSV testing market is expected to grow at a CAGR of more than 7% during the forecast period

POC RSV testing industry growth is expected to accelerate over the next five years, driven by an increase in the incidence and prevalence of RSV infections which has resulted for higher demand for RSV test procedures. The incidence rate of RSV has been on the rise across the globe owing to the ever-increasing air pollution and offsets of the seasons, which has led to temperature imbalances in the environment. According to the National Institute of Allergy and Infectious Diseases, RSV affects an estimated 64 million people and is responsible for around 160,000 deaths across the globe every year. Technavio’s POC RSV testing industry analysis reveals promising markets around the world.

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Americas dominated the global POC RSV testing market by geography

The largest market share in the global POC RSV testing market was held by the Americas, followed by EMEA and APAC. In addition, the Americas are forecasted to continue their dominance over the next five years, owing to rising prevalence of RSV infections coupled with a well-defined healthcare system in the region. The Americas will also make the largest contribution of almost 42% to the incremental growth of the market during the forecast period while APAC will register the fastest rate of growth among the three regions.

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Abbott, BD, and bioMérieux are among the leading POC RSV testing companies

The global POC RSV testing market is forecasted to witness an increasing demand for POC instruments owing to the growing incidence of RSV infections. Several POC RSV testing companies are focused on initiating various M&A strategies to develop and market POC products to meet the high volume of demand from across the globe. Many established POC RSV testing companies are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.

This report offers a complete analysis of several POC RSV testing companies, including:

• Abbott
• BD
• bioMérieux
• F. Hoffmann-La Roche
• Thermo Fisher Scientific

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