Global rapid influenza diagnostic test (RIDT) market will reach 1751.83 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/7/29

The global market for rapid influenza diagnostic test (RIDT) will witness significant growth due to growing geriatric population that is susceptible to a wide range of chronic diseases. The market will also be driven by increasing government initiatives to counter influenza and rising investments in detection of chronic diseases such as heart and blood disorders and diabetes. Emergence of advanced technological influenced diagnostic tests is also projected to have a positive influence on the global market over the forecast period.  

However, the growing prices of reagents and kits may hamper the growth of the market during the forecast period. 

The analysts at the QY Research expect that the global rapid influenza diagnostic test (RIDT) market is predicted to reach US$1751.83 mn by 2025 from US$973.13 mn in 2018. The market is estimated to register a CAGR of 8.67% between 2019 and 2025. 

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