As COVID-19 continues to affect the global populace, the diagnosis of the novel coronavirus for speedy recovery has become the need of the hour.
As COVID-19 continues to affect the global populace, the diagnosis of the novel coronavirus for speedy recovery has become the need of the hour. Therefore, the COVID-19 pandemic may prove to be a growth accelerator for the viral disease diagnosis market. Viruses, including coronaviruses are tiny organisms made up of genetic material–either DNA or RNA. Viral disease diagnosis is significant to alleviate the pandemic risk. The diagnosis helps in identifying the viral pathogens to monitor and apply necessary therapy for treatment and to prevent further transmission of the disease.
Novel technologies springing up for speedy COVID-19 diagnosis
To enable speedy of COVID-19 testing, assay manufacturers and researchers are coming up with numerous new techniques. For instance, South Korea was able to contain coronavirus cases due to timely and speedy testing with Allplex 2019-nCoV Assay, a testing kit by a Seoul based biotechnology firm, Seegene. Due to speedy testing, South Korea recorded 10284 cases and due to early detection, 6598 patients have successfully recovered. Therefore, it has eventually led to the flattening of the curve of infected patients.
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There are several ways by which viruses can be transmitted such as contact with infected person, and unsafe sex. Poor personal hygiene also increases the risk of virus infection. Viral disease diagnosis is crucial to reduce the risk of epidemics and to provide treatment in a timely manner. High burden of viral diseases continues to be a public concern across communities in the world. The viral disease diagnosis market report is presented collecting data from industry-centric databases.
Rapid point-of-care tests are also on the rise. Recently, Cepheid Xpert Xpress, a small portable device for quick screening has been launched. In addition finger prick test such as VivaCheck Biotech’s VivaDiag SARS-CoV-2 IgM/IgG rapid test is also a classic instance describing the rise in rapid testing measures. Such developments further augur the demand for diagnostic kits and will prove to be a boon for increasing the growth rate of the viral disease diagnosis market.
The COVID-19 pandemic has increased the demand for diagnosis drastically. The World Health Organization (WHO) has also urged all the healthcare agencies to make the testing for COVID-19 pandemic a top priority. This, in turn, increases the demand for viral disease diagnosis testing. In addition, a blend of regulations and quick approvals by governments of various countries will also help the viral disease diagnosis market to a great extent.
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Competitors Analysis:
This report provides profiles of top companies operating in the global viral disease diagnosis market, namely Abbott Laboratories, Cepheid, Roche Diagnostics, Thermo Fischer Scientific, bioMerieux, Becton Dickinson and Company, Affymetrix, Novartis Diagnostics, and Siemens AG.
On the basis of diagnostic test, specimen examination, serodiagnostic tests, and viral isolation are the segments of the market. Specimen examination involves direct examination of specimen for presence of virus antigen using light microscopy, electron microscopy, and various molecular techniques. Serodiagnostic tests involve several serological methods to detect virus specific immunogens or viral antigens. The sub-segments of serodiagnostic tests are complement fixation test, hemagglutination inhibition test, particle agglutination, single radial hemolysis, western blot, immunofluorescence technique, neutralization test, ELISA, line immunoassay, and recombinant immunoblot assay.
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