Reagena’s Hantavirus products are well known in the European market. With the high performing rapid tests, Reagena is established as the market leader in this segment for almost a decade in the European market.
Need of improved methods is one of the key growth drivers in the immunodiagnostics segments, which Reagena is addressing. Discovery of new variants necessitates continuous test development and improvement. Reagena aims to develop tests for detecting all major variants within the respective major endemic area, which is a key factor of growth and success. The endemic zoonosis areas are gradually expanding to new geographical areas, which is another important market driver. Geographical distribution of different hantaviruses is well known. Tick-borne encephalitis appears in European and Asian markets, while Borrelia is more widespread in all the Northern continents.
The majority of testing with Reagena products is done in clinical hospital, institutional and commercial laboratories and in primary care setting. Local practices vary between countries. There is an increasing need for and adoption of faster, decentralized technology and products, such as Reagena is offering. Availability of a rapid test in diagnostic setting enables faster treatment and brings time and cost savings in the therapeutic process. Recently launched, truly unique TBE test is an example of this, resulting from a thorough research and development and utilization of core competence of Reagena.
Specific market data and external market research reports were acquired during the project for the new zoonosis segments and tests, such as Borrelia and other tests/segments, which Reagena is targeting to enter.