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Malaria Diagnostics Market By Technology (Rapid Diagnostic Tests (RDTS), Microscopic Diagnosis) - Growth, Future Prospects, And Competitive Analysis, 2015 -2025

Prompt and accurate diagnosis plays an important role in the effective management of malaria; the global malaria diagnostics market is anticipated to grow significantly during the forecast period due to the increase in the prevalence of drug-resistant strains of parasites, growing incidence of malaria, massive increases in international travel, and government initiatives in awareness and diagnostic programs, which are prime factors fueling the growth of the malaria diagnostics market globally.

The report titled "Malaria Diagnostics Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the overall malaria diagnostics market, along with the market's size and estimates for the duration of 2015–2025. The research study covers an in-depth analysis of market segments based on technology and different geographical regions.

In order to help strategic decision-makers, the report also includes sections on the competitive profiling of the leading players in the global malaria diagnostics market, an attractive investment proposition, and the market positioning of key manufacturers. Other in-depth analysis provided in the report includes:

Geographically, the global malaria diagnostics market is studied for the following regional markets:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • Rest of Asia Pacific
  • Latin America
  • Middle East and Africa

The market size and forecast for these regional and country-level markets are presented in this study for the period 2015–2025. Market growth rates for the forecast period 2017–2025 are also included in this report, considering 2016 as the base year.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global malaria diagnostics market.

Tools such as key player market positioning and an appealing investment proposition provide readers with insights into the competitive landscape of the global malaria diagnostics market. This report concludes with a company profiles section that highlights major information about the key players engaged in the global malaria diagnostics market. In-depth competitive environment analysis and historical year (2015) market size data are also provided in the report.

Thus, the research study provides a holistic view of the global malaria diagnostics market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.

Based on technology, the global malaria diagnostics market is segmented as follows:

  • Clinical Diagnostics
  • Microscopic Diagnosis
  • Rapid Diagnostic Tests (RDTs)
  • Other Techniques

Malaria must be identified quickly in order to treat the patient and prevent the further spread of infection in the community via local mosquitoes; it is estimated that more than 500 million people suffer from malaria infections each year, resulting in approximately 1-2 million deaths; malaria is a major cause of death in tropical and sub-tropical countries.

It is estimated that the malaria diagnostics market will show growth during the forecast period due to factors such as the rising prevalence of drug-resistant strains of parasites, increasing incidence of malaria, and growing demand for cost-effective diagnostic devices, which are prime factors driving the growth of the malaria diagnostics market globally.

There are different types of techniques used in the diagnosis of malaria, such as microscopic diagnosis, rapid diagnostic tests, molecular diagnosis, serology, and drug resistance tests. However, it is observed that, in the base year 2016, rapid diagnostic tests were a major revenue-generating segment, and it is anticipated to grow significantly during the forecast period due to its faster results, ease of use, and higher sensitivity.

Rapid diagnostic tests are a useful alternative to microscopic diagnosis where the reliable microscopic diagnosis is not possible; however, the higher cost of diagnosis with rapid diagnostic tests may negatively impact the market growth of some developing countries.

For the purpose of this study, the global malaria diagnostics market is categorized into three segments:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

According to the World Health Organization (WHO), there were an estimated 214 million cases of malaria worldwide in 2015 and an estimated 438,000 deaths. Approximately 90% of all malaria deaths occur in Africa. In 2015, for the first time, the European Region reported zero indigenous cases of malaria.

The global malaria diagnostics market is segmented for the purposes of this study; among the considered regional markets, North America currently dominates the global malaria diagnostics market due to increased healthcare awareness, increased government funding, private organization initiatives in malaria diagnosis, and the presence of a large number of key manufacturers; these factors are primarily driving market growth in North America.

Asia Pacific is expected to be the second largest revenue-generating segment and will exhibit the highest CAGR during the forecast period due to rising malaria prevalence and developing economic conditions, which are the most prominent market drivers in the Asia Pacific region. 

Frequently Asked Question:

The market for Malaria Diagnostics Market is expected to reach USD$ 308.2 Mn in 2025.

The Malaria Diagnostics Market is expected to see significant CAGR growth over the coming years, at 4.2%.

The report is forecasted from 2017 -2025.

The base year of this report is 2016.

bbott Laboratories, Inc.,Beckman Coulter/Danaher,Bio-Rad Laboratories, Inc.,Novartis Diagnostics Ltd.are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jul 2017
Category:  Biotechnology
Report ID:   58538
Report Format:   PDF
Pages:   120
Rating:    4.7 (70)
Delivery Time: 24 Hours to 48 Hours   
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