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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 important role in effective management of malaria; global malaria diagnostics market is anticipated to grow significantly during forecast period due to increase in prevalence of drug resistant strains of parasites, growing incidence of malaria, massive increases in international travel and government initiatives in awareness and diagnostic programs are prime factors that fueling the growth of 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 size and estimates for the duration 2015 to 2025. The research study covers in-depth analysis of market segments based on technology and different geographical regions.

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in global malaria diagnostics market, attractive investment proposition and market positioning of key manufacturers sections. 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

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 better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global Malaria Diagnostics market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global malaria diagnostics market. This report concludes with company profiles section that highlights major information about the key players engaged in global malaria diagnostics market. In-depth competitive environment analysis and historical years (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.

Malaria Diagnostics Market

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 recognized promptly to treat the patient in time and to prevent further spreading of infection in the community via local mosquitoes; it is estimated that more than 500 million people suffer from malaria infections annually, resulting in about 1-2 million deaths; malaria is a major cause of death in tropical and sub-tropical countries. It is estimated that malaria diagnostics market will show growth during forecast period due to factors such as rising prevalence of drug-resistant strains of parasites, increasing incidence of malaria, growing demand for cost effective diagnostics devices are prime factors that driving the growth of malaria diagnostics market globally. There are different types of technique used in 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 is major revenue generating segment and it is anticipated to grow significantly during forecast period due its faster result, ease if use and higher sensitivity. Rapid diagnostic tests is a useful alternative to microscopic diagnosis where reliable microscopic diagnosis is not possible; however, higher cost of diagnosis with rapid diagnostic tests may negatively impacting the market growth of in some developing countries.

Malaria Diagnostics Market

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

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

Malaria Diagnostics Market

According to 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. For the purpose of this study, the global malaria diagnostics market is regionally categorized; among the considered regional markets North America is currently dominating the malaria diagnostics market globally because increased healthcare awareness, upsurge funding by the government, private organization initiatives in the malaria diagnosis and presence of large number of key manufacturer are primarily driving the market growth in North America. It is estimated that Asia Pacific second largest revenue generating segment and it will show highest CAGR during forecast period due to increasing healthcare awareness, rising prevalence of malaria, developing economic conditions would most prominent market drivers in Asia pacific region.

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Published Date:  Jul 2017
Category:  Biotechnology
Report ID:   58538
Report Format:   PDF
Pages:   120
Rating:    4.2 (55)
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