Enterovirus Diagnostics Market - Forecast(2024 - 2030)

Enterovirus Diagnostics Market Size is estimated to reach $7.8 billion by 2027. Furthermore, it is poised to grow at a CAGR of 6.9% over the forecast period of 2022-2027. Enteroviruses are single-stranded ribonucleic acid (RNA) viruses that are tiny and contagious and are linked to a variety of human and mammalian diseases. Poliovirus, coxsackievirus, echovirus, and enterovirus are among the 12 species in the enterovirus genus, which have four primary serotypes: poliovirus, coxsackievirus, echovirus, and enterovirus. The recently discovered enteroviruses are given numbers starting with EV68, EV69, EV70, and so on. Enteroviruses are one of the most frequent human viruses, infecting over one billion people each year, the majority of whom are newborns and children. Aorta intramural hematoma (IMH), usually results from bleeding into the aortic wall from the vasa vasorum without an intimal tear, is an unusual form of aortic dissection. Along with penetrating atherosclerotic ulcer (PAU) and typical aortic dissection, it is a subset of the acute aortic syndrome. Different varieties of enteroviruses cause diseases such as polio, meningitis, pancreatitis, hepatitis, encephalitis, hand, foot, and mouth disease; birth abnormalities, attention deficit hyperactivity disorder, intramural hematoma, and cardiac disorders. These viruses are transmitted from person to person either directly or indirectly through the fecal-oral channel, the respiratory route, and even from mother to infant during the peripartum period. More than half of all enterovirus infections are asymptomatic. The infected person experiences mild symptoms such as a cold and fever and is also able to create can create complications in individuals with health conditions such as pneumonia, brain diseases, and heart conditions. As a result, diagnosing this infection is tough, but technological advancements in diagnostic methods such as polymerase chain reaction tests, and serology testing made it easier. Inflammatory alterations in the cerebrospinal fluid (CSF), such as pleocytosis, and the presence of the virus, which may be determined using polymerase chain reaction test analysis (PCR), are used to identify enterovirus-induced meningitis. Pharmaceutical companies are concentrating their efforts on preventing viral infections from spreading. Twist Bioscience, a DNA manufacturer, for example, announced a new research panel in June 2020 to assess the increased occurrence of viruses such as coronaviruses, enteroviruses, rhinoviruses, and other respiratory tract viral disorders using next-generation sequencing. These factors are anticipated to grow Enterovirus Diagnostics Industry over the forecast period 2022-2027. 

Furthermore, Europe is estimated to grow with the fastest CAGR rate of 9.0% over the forecast period 2022-2027. Europe is a developed region with the best healthcare and infrastructure facility, but the prevalence of enterovirus is very high. Worldwide, an estimated 1 billion or more enteroviral infections occur annually. After releasing lockdown in Europe, outbreak of enterovirus D68 (EV-D68) is identified between July 31 to 14 October 2021 reported by euro surveillance. In this current outbreak, the most highlighted thing to concern is that 55% of infected people are from the 2- 5 years of age group. Such continuous outbreaks of enterovirus in Europe fuel the Enterovirus Diagnostic Market Size over the forecast period 2022-2027.

Diagnosis of Enterovirus is very difficult without the use of advanced technology, as it shows atypical symptoms. To detect the disease advanced level techniques such as PCR, ELISA, and enzymatic methods are used. In clinical laboratories and diagnostic centers, PCR is used attributed to the high sensitivity of PCR enterovirus identification is 96%, with 86% and 99% positive and negative predictive values, respectively with a 96% accuracy rate in diagnosing Enterovirus detection status. Geneproof, Biomerieux, and Altona diagnostics are some companies providing PCR test kits for enterovirus detection. Such advanced technology for enterovirus diagnostics fuels the growth of the Enterovirus Diagnostics Industry.