The "Rubella Diagnostic Testing Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The major factors for the growth of the rubella diagnostic testing market include the government initiatives to curb the rubella virus, increasing incidences of rubella, and the introduction of advanced point-of-care diagnostic technologies, which are expected to boost the overall growth of the market over the forecast period.
There has been an increase in the number of incidences of rubella across the world. On the other hand, as per the Global Vaccine Action Plan (GVAP) Assessment report, rubella control is lagging, with 42 countries yet to introduced the vaccine.
Key Market Trends
Enzyme Immunoassay Testing Technique Accounted for the Largest Share
The detection of rubella-specific immunoglobulin M (IgM) in serum is the standard test for the rapid laboratory diagnosis of rubella. IgM testing is the most commonly performed testing technique using commercial enzyme immunoassay (EIA) kits. The blood test detects antibodies that are made by the immune system to kill the rubella virus, and these antibodies remain in the bloodstream for years. The segment is expected to account for the largest market share, owing to the rising incidences of rubella.
Asia-Pacific Accounted for the Highest Growth Rate
The Asia-Pacific segment, by geography, was found to register the fastest growth rate for the rubella diagnostic testing market, and is expected to show a similar trend over the forecast period, without significant fluctuations.
The Asia-Pacific region holds the highest market share, owing to the presence of larger untapped opportunities, a lack of awareness in some countries, and government initiatives to curb the disease incidence.
As per the Global Vaccine Action Plan (GVAP) Assessment report 2017, 42 countries have not yet introduced the vaccine, and two regions, Africa and the Eastern Mediterranean, have not yet set rubella elimination or control targets. Such regions are expected to face high incidences of rubella, which may further drive the growth of the market.
The market studied is dominated by a few major players and most of the players present in the market are focusing on the development of new technologies to acquire the maximum market share. The presence of major market players, such as Abbott Laboratories, Bio Rad Laboratories Inc., bioMerieux SA, Siemens AG, and Thermo Fisher Scientific Inc., is increasing the overall competitive rivalry in the market.
Key Topics Covered
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Government Initiatives to Curb Rubella Virus
4.2.2 Increasing Incidences of Rubella
4.2.3 Introduction of Advance Point-of-care Diagnostic Technologies
4.3 Market Restraints
4.3.1 Lack of Awareness among Developing Regions
4.4 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Testing Technique
5.1.1 Latex Agglutination
5.1.2 Enzyme Immunoassay (EIA)
5.1.3 Radioimmunoassay (RIA)
5.1.4 Fluorescent Immunoassay (FIA)
5.1.5 Other Testing Techniques
5.2.3 Other Applications
5.3.1 North America
5.3.4 Middle East & Africa
5.3.5 South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.2 Beckman Coulter Inc.
6.1.3 Bio Rad Laboratories Inc.
6.1.4 Biokit SA
6.1.5 bioMerieux SA
6.1.6 F. Hoffmann-La Roche Ltd.
6.1.7 Ortho Clinical Diagnostics
6.1.8 Siemens Healthcare GmbH
6.1.9 Thermo Fisher Scientific
6.1.10 ZEUS Scientific Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/k7mfkz
View source version on businesswire.com: https://www.businesswire.com/news/home/20200827005418/en/
SOURCE: Research and Markets
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