Global Influenza Diagnostics Market, by Test Type (Traditional Diagnostic Test and Molecular Diagnostic Assays), by End User (Hospitals and Clinics, Reference Laboratories, and Others), and by Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018- 2026

Influenza (flu) is a contagious disease of the upper respiratory system caused due to influenza virus. The two types of influenza are seasonal and pandemic. There are three main types of seasonal influenza, namely influenza A, B, and C. It is transmitted from public places through sneeze and droplets of infected person who serve as a carrier of the disease. According to the Centers for Disease Control and Prevention (CDC), in U.S. Influenza resulted in 49,000,000 symptomatic illnesses and 79,000 deaths in 2017-2018. High risk of influenza infection is observed in pregnant women, pediatrics, geriatrics, patients with low immunity that suffer from chronic illness, and healthcare professionals.

Influenza Diagnostics Market – Dynamics

High prevalence of influenza and increasing research funding for influenza diagnostics are major factors that are expected to drive the market growth over the forecast period. According to the World Health Organization (WHO), influenza is expected to result in around 3 to 5 million cases of severe illness and around 290,000 to 650,000 deaths in 2018 worldwide. In 2014, National Institute of Allergy and Infectious Disease (NIAID) collaborated with The National Institutes of Health (NIH) Autoimmune Disease Coordinating Committee (ADCC) and supports The Center of Excellence in Influenza Research and Surveillance (CIERS) to advance the understanding of influenza virus. High geriatric population prone to influenza, increasing awareness about the disease along with high demand for advanced and more efficient influenza diagnostic tests are expected to drive growth of the influenza diagnostics market.

Influenza Diagnostics Market – Regional insights

North America accounted for the largest market share in the global influenza diagnostics market. This is owing to robust initiatives of CDC toward controlling the spread of the disease by actively implementing preventive measures and recognizing the disease through its National Influenza Surveillance System. Increasing availability of Rapid Diagnostic Tests (RDTs) in the U.S. has further boosted these implementations.

Asia Pacific is expected to witness rapid growth in the market during the forecast period, owing to actively participation of countries for preventive measures to counter the incidence of the influenza. For instance, in 2014 CDC funds nine non-researched-related bilateral influenza cooperative agreement in South-East Asian Region (SEAR), as a measure to respond to avian, seasonal, and pandemic influenza.

Influenza Diagnostics Market – Competitive landscape

Major players operating in the global influenza diagnostics market include, Roche Diagnostics, Becton, Dickinson and Company, Thermo Fisher Scientific, Alere, Quidel Corporation, and others. Key players in the market are focused on research and development activities in order to offer diagnostic devices that are cost-effective and efficient. For instance, in 2016, Roche received the U.S. FDA clearance and Clinical Laboratory Improvement Amendments (CLIA) waiver for its cobas Influenza A/B & RSV test. The test is used with the cobas Liat system and assists in molecular testing of flu A/B and RSV.

Key Development 

  • In February 2019, Abbott Laboratories launched reformulated BinaxNow A & B Card 2 rapid Influenza test. BinaxNow A & B Card 2, which is an in vitro immunochromatographic assay for the detection of influenza.
  • In February 2019, Eurofins Viracor, Inc., has introduced aloxavir marboxil (XOFLUZA) Influenza which is an Antiviral Resistance PCR test for the detection of I38T/M/F mutations in H3N2.
  • In 2018, Sekisui Diagnostics launched Silaris Influenza A&B test in collaboration with Mesa Biotech, Inc.
  • In 2018, Abbott Laboratories, acquired Alere Inc., a diagnostic device and service provide, which strengthened the company's diagnostics presence in the global market.
  • In 2016, Roche received the U.S. FDA clearance and Clinical Laboratory Improvement Amendments (CLIA) waiver for its real-time PCR test, cobas Influenza A/B & RSV test. The test is used with the cobas Liat system and assists in molecular testing of flu A/B and RSV

Influenza Diagnostics Market Taxonomy:

On the basis of test type, the global influenza diagnostics market is segmented into:

  • Traditional Diagnostic Tests
    • Rapid Influenza Diagnostic Tests (RIDT)
    • Viral Culture
    • Direct Fluorescent Antibody (DFA) Tests
    • Serological Assays
  • Molecular Diagnostic Assays
    • RT-PCR
    • Nucleic Acid Sequence-Based Amplification (NASBA) Tests
    • Loop-Mediated Isothermal Amplification-Based Assays (LAMP)
    • Simple Amplification-Based Assays (SAMBA)
    • Others

On the basis of end user, the global influenza diagnostics market is segmented into:

  • Hospitals & Clinics
  • Reference Laboratories
  • Others

On the basis of regions, the global influenza diagnostics market is segmented into:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users