Search reports.
Influenza Diagnostic Market Size, Share & Growth Report 2031
Get free sample report Request for Customiztion Buy Now

Influenza Diagnostic Market Size, Share & Growth Report 2031

Segments - US Influenza Diagnostic Market by Test Types (RIDT, RT-PCR, Cell Culture, and Others), End-users (Hospital, Laboratories, and POCT), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

https://growthmarketreports.com/raksha
Author : Raksha Sharma
https://growthmarketreports.com/Vaibhav
Fact-checked by : V. Chandola
https://growthmarketreports.com/Vishal
Editor : Vishal Golekar

Upcoming | Report ID :HC-1881 | 4.7 Rating | 84 Reviews | 210 Pages | Format : PDF Excel PPT

Report Description


The US influenza diagnostic market size was USD 1.60 Billion in 2022 and is likely to reach USD 2.73 Billion by 2031, expanding at a CAGR of 6.1% during 2023–2031. The growth of the market is attributed to the wide prevalence of influenza and other flu diseases in the US.

Influenza, as a type of flu disease, is caused by the influenza virus and is divided into three groups. The three types of influenza virus are Type A, Type B, and Type C, which are distinguished by their surface proteins, neuraminidase (NA), and hemagglutinin (HA). Since influenza is an infectious disease and transmitted through droplets from mouth, it can be easily spread in public places by infected patients, who often serve as disease carriers.

US Influenza Diagnostic Market Outlook

Introduction of increased government programs aiming at facilitating effective diagnosis have made it easier to obtain over-the-counter (OTC) tests that are user-friendly and help in timely diagnosis. For example, in 2018, the US Department of Health and Human Services' Biomedical Advanced Research and Development Authority (BARDA) announced a collaboration with Diassess Inc. and Cue Health, Inc. to create testing kits for influenza diagnosis.

Moreover, several OTC medications are also available that are only intended for the use in home care environments, allowing patients to perform self for the screening of the disease infection. As per the deal, Cue Health, Inc. and Diassess Inc. each were agreed to receive USD 14 million from BARDA for the advanced production of diagnostic tests for influenza B and A virus, which were categorized as OTC products.

According to the Centers for Disease Control and Prevention (CDC), people attaining the aged of 65 years and above accounted for 58% of influenza-related hospitalizations in the US in 2018. Moreover, kids, pregnant women, and other groups of patients with a variety of chronic conditions are among those who are at high risk of contracting the flu virus.

In April 2020, the CDC confirmed 186 influenza-related pediatric deaths in the country. The organization further stated that in 2019, 49.1% of the pregnant women had received the flu vaccine and 38% received both the flu and the Tdap, which included Tetanus, Diphtheria, and Pertussis vaccines.

  • Rising geriatric population and pregnant women who are more risk and have a higher chance of contracting influenza are expected to boost the market growth.

  • Rapid development of self-help diagnostic devices and user-friendly testing kits to detect the flu virus is projected to drive the market expansion.

  • Wide adoption of advanced technology and favorable government policies encouraging the manufacturing diagnostic devices in the country is another key drivers propelling the market.

  • Requirement of the high standardization of research findings and the high installment cost of diagnostic instruments are key challenges that can hamper the market growth.

  • Ongoing R&D activities from the key players to development advanced diagnostic techniques are offering major opportunities for the market development.

Scope of the Report

The report on the US influenza diagnostic market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Influenza Diagnostic Market - US Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Test Types (RIDT, RT-PCR, Cell Culture, and Others) and End-users (Hospital, Laboratories, and POCT)

Country Scope

The US

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Alere; 3M Health Care; Meridian Bioscience, Inc., Becton, Dickinson and Company; Quidel Corporation; Meridian Bioscience, Inc.; SA Scientific, Roche Diagnostics Corporation; Thermo Fisher Scientific Inc.; and Sekisui Diagnostics.

Market Segment Insights

RIDT segment is expected to hold a dominant share

Based on test types, the US influenza diagnostic market is divided into RIDT, RT-PCR, cell culture, and others. The RIDT segment is expected to account for a key share of the market in the coming years owing to widely accessible of the testing type, making them easier to diagnose. RDIT is also recommended by World Health Organization (WHO) for influenza diagnosis as it is moderately complex, responsive, precise, and reliable.

Meanwhile, cell culture is an old and effective method of diagnosing the flu that normally takes 3 to 10 days to produce accurate results after sampling. Immunoassay kits are another way to diagnose the disease and is expected to be fueled by an increase in immunoassays provided by market players.

Becton, Dickinson and Company, for example, provides the BD Veritor Plus device, a wireless immunoassay for the detection of influenza A and B. Due of its integrated program and efficient interpretation of different infectious diseases, this product has reliable outputs of RDITs in terms of sensitivity and specificity.

US Influenza Diagnostic Market Test Types

POCT is expected to boost market growth

On the basis of end-users, the market is divided into hospitals, laboratories, and POCT. Due to an increase in the prevalence of the flu diseases in the US, the hospitals segment is projected to hold a large market share in the coming years. According to the CDC, there were 30,453 laboratory-confirmed influenza-related hospitalizations in the US in 2020, accounting for 9% of the population.

As a result, this had led to an increase in hospitalization. With advanced technologies developed by market players, the POCT segment is expected to fuel the market growth during the forecast period. For example, bioMerieux SA's BIONEXIA Influenza A+B, a rapid test for the detection of influenza A and B viruses in humans, are using a nasopharyngeal sample, which is an easy-to-use, cost-effective, and reliable POCT product.

New technological developments in POCT kits that allow error-free results are expected to boost the market. The real-time PCR technique is often used in laboratory research. Accurate performance, sensitivity, cost-effectiveness, and the opportunity to monitor several samples at once are some of the benefits of this research.

Segments

The US influenza diagnostic market has been segmented on the basis of

Test Types

  • RIDT
  • RT-PCR
  • Cell Culture
  • Others

End-users

  • Hospital
  • Laboratories
  • POCT

Country

  • The US

Key Players

  • Alere
  • 3M Health Care
  • Meridian Bioscience, Inc.
  • Becton
  • Dickinson and Company
  • Quidel Corporation
  • Meridian Bioscience, Inc.
  • SA Scientific
  • Roche Diagnostics Corporation
  • Thermo Fisher Scientific Inc.
  • Sekisui Diagnostics

Competitive Landscape

Some of the key players operating in the US influenza diagnostic market are Alere; 3M Health Care; Meridian Bioscience, Inc., Becton, Dickinson and Company; Quidel Corporation; Meridian Bioscience, Inc.; SA Scientific, Roche Diagnostics Corporation; Thermo Fisher Scientific Inc.; and Sekisui Diagnostics.

The introduction of technologically advanced products by major market players is expected to have a positive effect on market growth. For example, Alere Inc. obtained 510 (k) marketing approval from the US Food and Drug Administration in 2017 for its Alere I Influenza A & B 2 test, which is used to diagnose influenza B & A infection in adults and children. This product is a high-specificity rapid molecular assay that provides reliable results in a short period of time.

Meridain Bioscience, Inc. also announced the addition of immunoCard STAT Flu A & B to its immunoCard STAT product line. Within 10-15 minutes, this product can detect the presence of influenza A and B in nasopharyngeal and nasal swabs. As a result, market growth is expected to be fueled by an increase in the number of products launched by leading market players over the forecast period.

US Influenza Diagnostic Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Influenza Diagnostic Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Influenza Diagnostic Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Influenza Diagnostic Market - Supply Chain
  4.5. Global Influenza Diagnostic Market Forecast
     4.5.1. Influenza Diagnostic Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Influenza Diagnostic Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Influenza Diagnostic Market Absolute $ Opportunity
5. Global Influenza Diagnostic Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Influenza Diagnostic Market Size and Volume Forecast by End Users
     5.3.1. Hospital Laboratories POCT
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Influenza Diagnostic Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Influenza Diagnostic Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Influenza Diagnostic Demand Share Forecast, 2019-2026
7. North America Influenza Diagnostic Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Influenza Diagnostic Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Influenza Diagnostic Market Size and Volume Forecast by End Users
     7.4.1. Hospital Laboratories POCT
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Influenza Diagnostic Demand Share Forecast, 2019-2026
8. Latin America Influenza Diagnostic Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Influenza Diagnostic Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Influenza Diagnostic Market Size and Volume Forecast by End Users
     8.4.1. Hospital Laboratories POCT
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Influenza Diagnostic Demand Share Forecast, 2019-2026
9. Europe Influenza Diagnostic Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Influenza Diagnostic Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Influenza Diagnostic Market Size and Volume Forecast by End Users
     9.4.1. Hospital Laboratories POCT
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Influenza Diagnostic Demand Share Forecast, 2019-2026
10. Asia Pacific Influenza Diagnostic Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Influenza Diagnostic Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Influenza Diagnostic Market Size and Volume Forecast by End Users
     10.4.1. Hospital Laboratories POCT
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Influenza Diagnostic Demand Share Forecast, 2019-2026
11. Middle East & Africa Influenza Diagnostic Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Influenza Diagnostic Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Influenza Diagnostic Market Size and Volume Forecast by End Users
     11.4.1. Hospital Laboratories POCT
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Influenza Diagnostic Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Influenza Diagnostic Market: Market Share Analysis
  12.2. Influenza Diagnostic Distributors and Customers
  12.3. Influenza Diagnostic Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Alere 3M Health Care Meridian Bioscience, Inc. Becton Dickinson and Company Quidel Corporation  

Methodology

Our Clients

Honda Motor Co. Ltd.
Pfizer
Deloitte
General Electric
FedEx Logistics
Siemens Healthcare
The John Holland Group
Dassault Aviation