Zika Virus Testing Market Share, Demand Analysis, Growth, Trends and Forecast

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Zika Virus Testing Market 2021 Company Profiles,
Trends, Industry Growth, Segments, Landscape and
Demand by Forecast to 2031

• May 2021

Report Id    REP-GB-2913Published On
  2021-05-04 Category Healthcare,
Pharmaceuticals Medical Devices
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Zika Virus Testing Market Analysis
The recent outbreak of Zika in Brazil and in the
rest of Latin America, the Caribbean, the United
States, Canada and various parts of Europe was
caused by a more virulent viral strain from Asia.
This has increased the rate of Zika virus tests
being conducted worldwide. A new research report
by Future Market Insights highlights the current
as well as future scenario of the Zika virus
testing market. This report titled Zika Virus
Point-of-Care Testing Market Global Industry
Analysis and Opportunity Assessment 2016
2020 presents a forecast of the Zika virus
testing market for the said period. The market
has been analyzed on the basis of factors driving
the demand for testing products, trends that are
prevalent in the global market and also the
restraints that may hinder market revenue growth.
According to the report, the global Zika virus
testing market registered a market value of over
US 4,100 Mn in 2017, which is expected to reach
over US 4,400 Mn by the end of 2020.
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Zika Virus Testing Market Analysis
Carribean Region to Dominate the Zika Virus POC
Testing Market with a High Growth
Rate Point-of-Care testing including the Rapid
ELISA Test and Rapid IgG/IgM Zika Virus Test have
emerged as powerful diagnostic tools for
screening Zika virus infections. Manufacturers
are offering sophisticated diagnostic kits that
help in early diagnosis of Zika virus and provide
results in about 1520 minutes or an hour. Some
of the most prominent Zika prone countries
experiencing contraction or very slight growth in
the Zika virus POC testing market are Brazil,
Puerto Rico and United States. This is due to the
fact that probable cases for Zika dropped by more
than 70 during the one year period ending in
2017. For more insights into the Market, Request
a Sample of this Report_at_ https//www.futuremarketi
nsights.com/reports/sample/rep-gb-2913
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Zika Virus Testing Market Analysis
Yet countries like United States are extra
conscious about the spread of Zika virus in the
region. There have been many travel related
cases, in which travelling from a disease free
country to a place with a high prevalence of Zika
infects the region. Thus, the POC testing market
is not expected to take a halt any time soon.
Among the major regions of the global market,
Latin America is expected to lead with revenue in
excess of US 2,400 Mn by the end of 2017. The
Carribean region is anticipated to project the
highest growth rate during the forecast period
2017-2020. For any Queries Linked with the
Report, Ask an Analyst_at_ https//www.futuremarketin
sights.com/ask-question/rep-gb-2913
Leading Players Operating in the Global
Market The report includes a competitive
analysis of the market structure, with
information on the top companies functioning in
the global market. The study highlights some of
the leading companies that are projected to
expand their market footprint in the coming
years. Few of the key players mentioned in the
report include EUROIMMUN US, Inc., Creative
Diagnostics, Quest Diagnostics, Artron
Laboratories Inc., and GenBody Inc.
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Zika Virus Testing Market Analysis
Restraints Hindering the Growth of the Zika Virus
POC Testing Market The major factor limiting
revenue growth of the Zika virus POC testing
market is the inefficiency of these tests to
deliver accurate results. ELISA is said to
provide relatively accurate results than the
rapid IgG/IgM Zika virus test. Yet companies are
unable to deliver products that people can
completely rely on, because of the
cross-reactivity with other widely circulating
virus strands such as Flavivirus, Dengue,
Chikungunya and Japanese Encephalitis. Results
obtained using Point-of-Care Zika diagnostic test
kits are not definitive, thereby affecting
revenue generation in the global Zika virus
testing market. Contact Sales for Further
Assistance in Purchasing this Report_at_ https//www.
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