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27-Oct-2020

Global Malaria Diagnostics Market Comprehensive Study Explores Huge Growth in Future 2020-2026 || Thermo Fisher Scientific, PREMIER MEDICAL CORPORATION PVT LTD, Siemens Healthcare Private Limited

Data Bridge Market Research has added an exhaustive research study of the Global Malaria Diagnostics Market detailing every single market driver and intricately analyzing the business vertical. Global Malaria Diagnostics Market report brings together a meticulous study of the present and upcoming opportunities to elucidate the future investment in the industry. This report introduces top to bottom evaluation of the industry including empowering technologies, key trends, market drivers, challenges, standardization, regulatory landscape, opportunities, future guide, value chain, ecosystem player profiles and strategies. This report is a valuable source of assistance for companies and individuals that offers industry chain structure, business strategies and proposals for new project investments. The credible Global Malaria Diagnostics Market report also analyses various inhibitors as well as motivators of the market in both quantitative and qualitative manners to make available accurate information to the end users.

Global malaria diagnostics market is expected to an estimated value of USD 1063.92 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Increasing cases of tropical disease and rising demand for novel diagnostic technique will drive the market.

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Key Market Competitors:

Few of the major competitors currently working in the global malaria diagnostics market are:-

ACCESS BIO. INC, Abbott, bioMérieux SA, Ortho Clinical Diagnostics, Thermo Fisher Scientific, PREMIER MEDICAL CORPORATION PVT LTD, Siemens Healthcare Private Limited, Bio-Rad Laboratories, Hemex Health, QuantuMDx Group Ltd, Meridian Bioscience Europe B.V., Intellectual Ventures Management, LLC., Novartis AG, BD, FYODOR BIOTECHNOLOGIES, Drucker Diagnostics and others

An excellent Global Malaria Diagnostics Market report describes complete market analysis with inputs from industry experts. While formulating this global market document, following aspects are kept into view and include market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The world class market research analysis brings together a vast market place clearly into the focus. The research studies of Global Malaria Diagnostics Market report helps evaluate several important parameters that can be mentioned as investment in a rising market, success of a new product, and expansion of market share.

Competitive Analysis:

Global malaria diagnostics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of malaria diagnostics market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Global Malaria Diagnostics Market By Technology (Microscopy, Rapid Diagnostics Test (RDTs), Molecular Diagnostics Tests), End-User (Hospitals, Clinics and Community Healthcare), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

Key Developments in the Market:

  • In January 2019, ERADA Technology Alliance Ltd announced the launch of their Saliva-based Malaria Asymptomatic and Asexual Rapid Test saliva diagnostic test for malaria. It is very useful as it detects the disease early and helps the patient to get early treatment and prevent the disease from expanding further. The main of the launch is to reduce the malaria incidence worldwide.
  • In May 2017, Alera announced the launch of their rapid diagnostic test which will be used to detect malaria infections among asymptomatic patients. It has the ability to identify the patients who have very low parasitemia level. This new device can provide results in just 20 minutes and is very useful as one can start their treatment.

Market Definition: 

Malaria is usually caused by the plasmodium parasites and spreads through infected anopheles mosquito. It is one of the life-threating diseases. Malaria diagnostics are the instrument and methods which are used to treat this disease. Some of the common malaria diagnostics technologies are molecular diagnostic test, microscopy and rapid diagnostics tests. If treatment is started early, this disease can be cured easily. Rising demand for advanced treatment for malaria among population is fueling the growth of this market.

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Market Drivers

  • Rising demand for diagnostic tool in malaria- endemic country will drive the market growth
  • Technological advancement and development in malaria diagnostic tool will also propel the growth of the market
  • High investment by government to curb the disease prevalence is also driving the market growth
  • Increasing awareness among population about malaria will also drive the growth of this market

Market Restraints

  • Increasing number of malaria free countries will restrain the market growth
  • Rising demand for low cost diagnostic tool will also hamper the growth of the market

Segmentation: Global Malaria Diagnostics Market

By Technology

  • Microscopy
  • Rapid Diagnostics Test (RDTs)
  • Molecular Diagnostics Tests
    • Conventional PCR
    • Real-Time PCR (qPCR)

End-User

  • Hospitals
  • Clinics
  • Community HealthCare

Reasons to Purchase this Report

  • Current and future of global malaria diagnostics market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Last Updated: 27-Oct-2020