Respiratory Syncytial Virus Diagnostics Market Opportunity Analysis, 2018 – 2026

Respiratory Syncytial Virus (RSV) is responsible for many chronic conditions such as pneumonia, bronchitis, asthma, and respiratory disease. It primarily affects neonates, infants and adults and is responsible for outpatient visits, hospitalization and death in some cases. Therefore, diagnosis of RSV- associated diseases is crucial to avoid further medical severity. Symptoms of RSV presence include, rhinorrhea, cough, wheeze, respiratory distress, and hypoxemia. Molecular diagnostic is most widely used techniques for diagnosing RSV.

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According to a report by the Lancet, 2017, around 33·1 million episodes of RSV induced acute lower respiratory infections that resulted in around 3·2 million hospitalizations and around 59,600 in-hospital deaths in children younger than 5 years of age, worldwide, in 2015. Moreover, the report stated that the overall RSV- acute lower respiratory infections- related mortality was around 118200 in 2015.

Furthermore, high prevalence of several chronic conditions such as pneumonia and other respiratory tract infections due to RSV is a major factor contributing to growth of the market over the forecast period. For instance, according to a report by World Health Organization (WHO), May 2018, chronic obstructive pulmonary disease (COPD) and lower respiratory tract infection are amongst top five chronic diseases with highest mortality rate, worldwide. The report stated that around 3 million each deaths were registered due to COPD and lower respiratory tract infection in 2016, worldwide.

On the basis of Geography, respiratory syncytial virus diagnostics market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to be dominant in the respiratory syncytial virus diagnostics market over the forecast period.

According to study published in journal American Family Physician in 2017, around 2% to 3% of infants, younger than 12 months are hospitalized with an RSV infection, annually, in the U.S. As per same source, Around 57,500 hospitalizations and 2.1 million outpatient visits are associated with RSV infections in children younger than five years, annually, in the U.S. It can be concluded from epidemiological data that the U.S. has high potential for respiratory syncytial virus diagnostics market. Presence of key players and their products in North America would be another important driver for the market growth.

Asia Pacific and Latin America would witness highest CAGR in respiratory syncytial virus diagnostics market. According to study published in the Lancet in September 2017, lower middle income countries witnessed around 43,600 deaths due to RSV-ALRI whereas upper middle income countries witnessed around 17900 deaths, in 2015. Furthermore, children in this region often do not receive adequate vaccination, which leads to frequent infection incidences from variety of diseases including RSV. According to World Health Organization (WHO) 2018, worldwide, around 86% of infants are vaccinated against 26 diseases. However, around 19.5 million children remain unvaccinated that leads to around 2-3 million deaths, annually, of which around 90% belong to low and middle income countries.

WHO is running the pilot projects of vaccination in countries of developing regions such Latin America, Africa, and Asia Pacific to achieve100% detection of the RSV infections amongst infants, neonates and children under five years of age.This is expected to reduce the mortality rate and hospitalization from RSV associated acute lower respiratory infections (ALRI). It would also establish RSV diagnostic centers over the forecast period in these regions.

A Quick Commercial Property Investment Guide

As the residential investment property market becomes fierce, many investors are starting to recognise commercial property as a viable investment option. So, don’t put all your eggs in one basket and consider diversifying your investment portfolio by investing in commercial property.

What is Commercial Property?

The term commercial property (also referred to as commercial real estate, investment or income property) refers to building or land intended to generate a profit, either from capital gain or rental income.

What Type of Property is included in Commercial Real Estate?

Commercial real estate is classified as property assets that are primarily used for business purposes. Commercial real estate is commonly divided into the following categories:

• Office buildings

• Industrial property

• Retail/Restaurant

• Multifamily housing buildings and

• Farm/Rural land.

In addition to the above, commercial real estate can include any other non-residential properties, such as:

• Medical centres

• Hotels

• Warehouses

• Malls and

• Self-storage developments.

What are the differences between Commercial Property and Residential Property Investments?

When you invest in commercial property, you still expect to rent out your property and receive rental income from a tenant as you do when you purchase a residential property investment. However, the major difference between investing in commercial property compared to residential property is the Rental Agreement. With commercial real estate, the property is usually leased to a business under a detailed contract for a much longer period (e.g. three, five or ten years).

There are some other important differences such as:

• The Tenant is usually called a Lessee;

• Vacancies between tenancies can be longer;

• Goods and Services Tax applies to commercial property (i.e. to the purchase price, rent received and any expenses in relation to the property); and

• Maintenance costs are usually paid for by the Lessee, which means net rental income tends to be higher.

What is an Annual Return on Investment?

The “annual return on investment” is the amount earned on the investment property. The amount earned, is expressed as a percentage, and it is called the property’s “yield”.

So, if you are considering investing in commercial real estate. You should always ask yourself the following questions:

1. What return on investment will you get from this property?

2. What is the property’s yield?

How is the Yield calculated?

Yield calculations are worked out by dividing the annual rental income on the property by how much the property costs to buy. For example:

Gross Yield = annual rental income (weekly rental income x 52) / property value x 100

This is best illustrated by using the following example:

• Assuming you buy a commercial property for $950,000; and

• Rent the property out for $2,000 per week ($104,000 annually).

Your Gross Yield will be 10.9%. It will be calculated in the following way:

($104,000/ $950,000) x 100

If you want to invest in a commercial property, you need to keep in mind all the information mentioned here. You can seek help and guidance from a professionally qualified and expert finance broker, who specialises in obtaining the right funding for commercial property investments.

Truly, having an independent and expert finance broker on your behalf can secure your eligibility for a commercial property loan, not to mention get you the best loan deal that suits your individual needs and objectives.

Linda Vista Neighborhood in Pasadena, CA

Make no mistake. Homes in Pasadena, CA are in demand; especially homes in Linda Vista. This area of land sits on a slope between the Arroyo Seco and the San Rafael Hills. Most of the homes in Linda Vista are unique contemporary and classical styles that have beautiful yards with rolling hills.

Many families call Linda Vista home; in fact, almost 70% of the population in Linda Vista is married and 63% of the population is over 44 years of age. The average real estate price is $1,577,638, which beats the median price of 98.3% of neighborhoods in California and 99.7% of neighborhoods in the United States. The average monthly rental price is $3,649, which is higher than 99.5% of the neighborhoods in California. The majority of these houses are medium sized to large family homes. Medium sized family homes are generally 3-4 bedrooms while large homes are 4+ bedrooms. These houses were built between 1940 and 1969 and are mostly owner occupied. It can be hard to obtain property in Linda Vista because the current vacancy rate is only 1.8%, which is lower than 93% of all neighborhoods in the United States.

There are several reasons why housing in Linda Vista is at a high demand. Linda Vista is a popular neighborhood because of its close proximity to the Rose Bowl. The Rose Bowl is an attractive area that holds family friendly special events, unique flea markets, and sporting activities throughout the year. Families with high incomes will thrive in this neighborhood. The neighborhood of Linda Vista is wealthier than 99.6% of other United States neighborhoods. Even if the American economy is suffering, residents of Linda Vista are able to pull together and live comfortably in their pocket of wealth.

The residents of Linda Vista are exclusively characterized by their yearning to live well and often enjoy expensive wines with dinner, nights at the theatre, and window-shopping in Old Town Pasadena. Their cultural inclinations are supported by their high-end careers as educated executives and managers. This is a safe, enriching environment for retirees or raising a family. Statistics show that 46% of the residents in Linda Vista have been educated with at least a Master’s degree. There are many more residents with Ph.D.’s, law degrees or medical degrees. This is more degrees per neighborhood than 99.2% of United States neighborhoods. Linda Vista also has more same-sex couples than 98% of United States neighborhoods.

Linda Vista does have some apartments and row houses, but this neighborhood has more single-family homes than 99% of all American neighborhoods. Linda Vista is also unique because the rate of owner-occupied housing exceeds more than 97% of American neighborhoods.