Nipah Virus Testing Market Projected to Experience Major Revenue Boost During the Period Between 2018-2026

Rockville, MD -- (SBWire) -- 07/22/2019 --Nipah virus testing market: Growth in the Commercialization of Nipah Virus Testing Kits Owing to the Spread of the Disease

With the increasing spread of Nipah virus and the awareness about being cautious with the infectious disease, has given rise to more number of Nipah virus testing kits to be introduced to the market. The Nipah virus testing market has showcased a splurge owing to the increasing incidences of the disease, where new Nipah virus testing kits are produced by manufacturers. The growing need for tackling this global dilemma has projected a growth in the commercialization of Nipah virus testing kits.

Developments in the Nipah virus testing market to tackle the spread of Nipah

Nipah virus testing kits are manufactured keeping in mind, the sudden outbreaks of the disease, along with the need to make them available promptly in regions where the disease was seen spreading for early diagnosis of Nipah virus. Nipah virus testing kits are extremely significant when it comes to the outbreak of the disease. With more research and development put into the diagnosis of Nipah virus, the world could control the widespread of the disease with advanced and improved Nipah virus testing kits. These enhancements could introduce major changes in the Nipah virus testing market worldwide.

Nipah virus belongs to the Paramyxoviridae. It was initially isolated in 1999 in Malaysia and Singapore, during an outbreak of encephalitis and respiratory illness in pigs and people closely associated with them. Flying foxes are the reservoir for these viruses and it spreads through direct contact with infected bats, pigs and people. When pigs are infected with the Nipah virus they represent relatively mild symptoms when compared to humans. The incubation time in humans is 5-14 days followed by fever and headache for 3-14 days, further followed by drowsiness, disorientation and mental confusion.

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In 1999 when the Nipah virus outbreak was recorded in Malaysia, it was initially thought that the mosquitoes were the carriers, further studies later proved the source to be from pigs. The government then ordered the biggest animal culling in history that nearly killed the pig meat industry. The drastic step finally brought the infection under control and resulted in the need for a detection method for both animal and humans. The south Indian state Kerala was recently declared at high alert when at least 17 cases were noted to have died due to Nipah virus infection.

Nipah virus can be tested in the lab through various techniques that include virus isolation, serological detection of antibody, and RT PCR. The virus isolation method is a very slow and non-sensitive method while the serological detection of antibody can't detect the presence in early stages. The Nipah virus testing product offered by MyBioSource is a RT PCR kit that is available only for research purposes. Life river also offers a CE-marked RT PCR kit for the detection of Nipah Virus. However, the Nipah virus testing product offered by Krishgen Biosystems is an ELISA based kit that is the first available commercial kit for Nipah virus testing in humans. ELISA is a well-established, sensitive testing method that yields results faster that the RT PCR method. The company ensures the requirements in Middle East and India (Kerala) are met. Krishgen and its Nipah testing product was positioned uniquely to cater its product to researchers and pharmaceutical companies worldwide.  

The sudden outbreaks of Nipah virus infection has led to the development of the Nipah virus testing market. Government funding, WHO support and growing research and development in the field of Nipah virus testing and treatment is driving the growth of the market. However, lack of awareness is one of the largest restraining factor.

The global market for Nipah Virus Testing is segmented on basis of product type, end users, and geography:

Segment by Product Type

ELISA Kits
RT PCR based kits
Segment by End Users

Hospitals
Diagnostic centers
Research Labs
Others
The global Nipah virus testing market is segmented by product type, end users and geography. Based on the product type, the global Nipah virus testing market is segmented into ELISA Kits and RT PCR Kits. The RT PCR based kits are expected to dominate the Nipah virus testing market since the results are more reliable.

On the basis of regional presence, global Nipah virus testing market is segmented into five key regions viz.  North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. Australia, India, Malaysia are some of the regions that have reported the outbreak of Nipah virus infections while Asia-Pacific and some regions in Africa are the most at risk of outbreak, making these regions lucrative markets for the Nipah virus testing in the future.

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Some of the major players in Nipah virus testing market are MyBioSource, Liferiver and Krishgen Biosystems.

The report covers exhaustive analysis on:

Nipah Virus Market Segments
Nipah Virus Market Dynamics
Historical Actual Market Size, 2013- 2016
Nipah Virus Market Size & Forecast, 2017 to 2025
Nipah Virus Market Current Trends/Issues/Challenges
Competition & Companies Involved
Nipah Virus Market Drivers And Restraints
Regional analysis includes

North America
Latin America
Europe
Asia Pacific
Middle East & Africa
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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