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Cytomegalovirus (CMV) Diagnostics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

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Cytomegalovirus belongs to the herpesviridae family and is a double-stranded DNA virus. This virus mainly causes asymptomatic infections or sometimes causes mild flu like symptoms; and later remains latent throughout life, which may reactivate. Thus, this virus can remain as a lifelong companion for some individuals and can be a silent killer for the others. Cytomegalovirus (CMV) infection is characterized by the development of such antibodies, which develop due to the infection of the virus that stays in an individual’s body throughout his life. 

CMV diagnostics become very essential for immunocompromised individuals as well as pregnant women. Cytomegaloviruses are one of the leading causes of mental retardation in children and congenital viral infections. A cytomegalovirus can cause asymptomatic infections in immunocompromised individuals and can be transmitted to the fetus during pregnancy from his mother, which may exhibit primary or recurrent infection. Thus, it require an appropriate diagnosis of primary infection in the pregnant woman that can be based on IgG and IgM avidity assays, one of the most sensitive serological assays or other conventional molecular and virological procedures for virus detection in blood. 

CMV diagnostic tests comprise of certain molecular tests that can detect whether the individual is infected with the cytomegalovirus ever in his life. These CMV tests can detect the presence of the virus and also help determine if a person is suffering from an active infection or not. Presence of an active infection in an individual is determined via the detection of the virus in saliva, urine, blood, or other connective tissues of the body. The CMV diagnostics market can be classified into four major segments, namely, DNA probes, immunoassays, monoclonal antibodies, and IT and other technologies.

Major driving factors for the growth of the CMV diagnostics market are increasing incidences and prevalence of latent viral infectious diseases, rising demand for advanced molecular diagnostic tests, and increasing awareness among people about these viral infections. The increasing incidences and high prevalence of these CMV infections in various regions of the world are causing an increasing demand for advanced diagnostics from this market, which in turn will contribute towards the growth of this market. 

In the U.S. around 60% of its population is carrying the CMV infection, with a prevalence of more than 90% for the people falling under high risk category, such as, HIV infected individuals, prenatal babies of CMV infected mothers. Many companies worldwide are continuously innovating and developing advanced molecular diagnostic tests for CMV infections worldwide, which will further add to the growth of this market in future.

Geographically, North America dominates the cytomegalovirus diagnostics market followed by the European market. Some of the major factors responsible for the growth of this market in the region are well-established healthcare infrastructure in these regions along with the high level of awareness and affordability for the disease diagnosis and treatment of the people of these regions. 

However, Asia-Pacific is expected to show the fastest growth in this market in future as the nations of this region exhibit high population, high birth rates, and high prevalence of many infectious diseases as well as increasing awareness and affordability of the people in most nations of the region. Some of the major players operating in this market are Abbott Laboratories, Inc., Affymetrix, Inc., Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., Johnson & Johnson, Olympus Corporation, Siemens Healthcare, and Thermo Fisher Scientific, Inc.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

Reasons for Buying this Report
  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments 

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