Respiratory Syncytial Virus ( RSV ) Diagnostics Market Share , Size , Analysis , Growth , Trends and Forecasts to 2024 | Hexa Research
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Respiratory Syncytial Virus ( RSV ) Diagnostics Market Share , Size , Analysis , Growth , Trends and Forecasts to 2024 | Hexa Research
The worldwide respiratory syncytial virus diagnostics market is poised to grow at a CAGR exceeding 10 % over the forecast period ( 2016 to 2024 ). It stood at USD 625 million in 2015 . High prevalence of neonatal infections & viral diseases and the need for early RSV detection mechanisms for infants are key drivers of this industry . Respiratory syncytial virus harms the respiratory tract , the immune system , the heart , and lungs ; thus leading to serious illnesses . It mainly affects infants in the age group of 0 to 11 months .
However , there are instances of people above the age of 60 years being afflicted by this virus . This is essentially because of weak immunity . Some patients may even need hospitalization . Clinical symptoms of the RSV infection can seldom be distinguished from the symptoms of other respiratory disorders . Hence , there is a pressing need to develop precise & accurate diagnostic solutions for such a disease .
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