Future Market Insights (FMI) offers a 3-year forecast on the global Zika virus Point-of-Care testing market. The primary objective of the report is to offer updates and information related to market opportunities in the global Zika Virus Point-of-Care Testing market.
In terms of revenue, the global Zika Virus Point-of-Care testing market is expected to be dominated by Latin America, expected to register a CAGR of 2.8% during the forecast period, 2017-2020. The primary objective of the report is to offer insights on the market dynamics that can influence the growth of the global Zika Virus Point-of-Care Testing market over the forecast period. Insights on key trends, drivers, restraints, value forecasts and opportunities for companies operating in the global Zika Virus Point-of-Care testing market are presented in the report.
The global market for Zika Virus Point-of-Care Testing is expected to witness moderate growth in terms of value owing to rising increasing awareness towards Zika virus transmission, increased penetration of point-of-care testing kits, rising incidence of ZIKV cases, increased footprint of local manufacturers of rapid ZIKV testing kits, and external funding for research and development programs for developing rapid ZIKV diagnostic tests.
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However, other factors such as emergency approval of POC testing procedures for Zika virus, increased tourist traffic to areas with endemic Zika, proactive initiatives taken by government to control Zika and deployed military personnel is creating high potential growth opportunities for players operating in the global Zika Virus Point-of-Care testing market.
Revenue from the Zika Virus Point-of-Care testing market in Latin America is expected to expand at the relatively higher CAGR due to increase in funding by government bodies to manufacture rapid diagnosis kits that attract local manufacturers, rising incidence of Zika virus and increasing tourist traffic in the country. To understand and assess opportunities in this market, the report offers the market forecast on the basis of type into the test type, end user and regions. The report provides analysis of the global Zika Virus Point-of-Care testing market in terms of market value (US$ Mn/ US$ ‘000).
The global Zika Virus Point-of-Care Testing market is segmented on the basis of test types into:
- Rapid IgG/IgM Test
- ELISA Test
The report begins with the market definition, followed by definitions of the different Zika Virus Point-of-Care test types. The market dynamics section includes FMI’s analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of the global Zika Virus Point-of-Care testing market.
The report analyses the market on the basis of the end user and presents forecast in terms of value for the next 3 years. On the basis of the end user, the global Zika Virus Point-of-Care testing market is categorized into:
- Hospitals & Clinics
- Private Commercial Laboratories
- Government/ Publicly Funded Programs
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Key questions answered in the report
- How will the zika virus testing market expand in the long-run?
The global zika virus testing market is set to register credible gains through 2021 and beyond, registering a multi-billion dollar valuation amid extensive research and development to incorporate highly advanced diagnostic approaches which will help in timely detection and diagnosis of the virus
- Which region is likely to emerge as the most lucrative zika virus testing hub?
As per FMI’s report, bulk of all zika virus testing is expected to occur across the tropical regions of the world, such as the Asian sub-continent, Caribbean and Central America respectively
- Which is the most prominent zika virus testing treatment approach by test type?
ELISA based zika virus testing treatment will likely remain the most preferred approach in forthcoming years due to its immense promises in terms of higher accuracy and efficacy