RSV Testing Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Kits and Reagents, Instruments, Others), By Method (Molecular Diagnostics, Rapid Antigen Detection Tests, Immunoassays, Flow Cytometry, Chromatography), By End-User (Hospitals and Clinics, Clinical Laboratories, Others), and Region

RSV Testing Market size was valued at US$ 1,013.6 million in 2023 and is poised to grow at an 6.5% CAGR from 2024 to 2030. RSV stands for respiratory syncytial virus. It is an infection that affects the respiratory tract. RSV testing checks a fluid sample from the nose to see if the contagious RSV virus is causing symptoms of a respiratory infection. Increasing incidence of respiratory infections, rising neonatal population base, and high demand for in-vitro diagnostics & point of care facilities are among the key factors driving the market growth. With the rising incidences of chronic conditions worldwide, cases of respiratory infections are expected to increase. According to the Pan American Health Organization, RSV infection cases have considerably grown across the globe. In 2022, RSV circulation returned to pre-pandemic seasonal levels in most sub-regions of the Americas. Moreover, the rising frequency of respiratory syncytial virus diagnostic (RSV) disease, particularly in children under the age of two years, is driving the global market.

The market is expanding favourably due to increased infrastructure investments in the healthcare sector and increase in neonatal and pediatric healthcare expenditure. The market development is also being positively impacted by rising knowledge of the excellent survival rates following early diagnosis and the accessibility of diagnostic tools. Favorable government initiatives, including free diagnostics, awareness campaigns, and reimbursement policies further boost the market growth. However, stringent regulations and development of RSV vaccines may hinder the growth of RSV Testing market. Moreover, the product launches are propelling RSV testing market growth. For instance, in 2022, Avellino Labs USA, Inc. launched AvellinoCoV2 - Respiratory Test, a multi-panel RT-PCR-based virus assay that accurately detects four viral infections in a single patient sample - COVID-19, respiratory syncytial virus (RSV), influenza A and influenza B. Thus, COVID-19 has had a positive impact on the growth of the market and is expected to continue to grow in the future. Further, the development of contemporary RSV detection systems, such as western blot, direct immunofluorescence, enzyme-linked immunosorbent assay (ELISA), and real-time polymerase chain reaction (PCR), is anticipated to be facilitated by the emergence of advanced techniques, such as biotechnology and nanotechnology.

RSV Testing Market Key Developments: 

• In 2021, Roche launched three molecular polymerase chain reaction (PCR) diagnostic test panels to detect and differentiate common respiratory pathogens, including influenza A, influenza B, and respiratory syncytial virus (RSV); adenovirus (ADV), human metapneumovirus (hMPV), and enterovirus/rhinovirus (EV/RV); and parainfluenza 1, 2, 3, and 4.