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Exclusive Report on Malaria Diagnostics Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

Malaria

The “Malaria Diagnostics Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Malaria Diagnostics industry. The information available in the Malaria Diagnostics market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Malaria Diagnostics market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Malaria Diagnostics Market:

  • Access Bio Inc.
  • Abbott Laboratories
  • BioMerieux SA
  • Ortho Clinical Diagnostics
  • Thermo Fisher Scientific
  • Premier Medical Corporation Pvt. Ltd
  • Siemens Healthineers
  • Bio
  • Rad Laboratories Inc.
  • Nikon Corporation

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    Market Overview:

  • The malaria diagnostics market is expected to register a CAGR of 4.5% over the forecast period. Factors that are responsible for the growth of this market include the growing demand for diagnostic tools in malaria-endemic regions, increasing technological advancements and efficient diagnostics, and scale-up of rapid diagnostic tests, and universal access to diagnosis.
  • The upsurge in technological advancements related to diagnostic tools with the increasing demand for treatment in malaria-endemic countries is also driving this market. The rising demand for diagnostic tools for malaria is one of the prime driving factors. In recent years, there has been a renewed interest and commitment by the World Health Organization (WHO) to eliminate the cases of malaria over 35 countries, by 2030. By 2016, WHO estimated 216 million clinical episodes and 445,000 deaths, due to malaria, globally. Thus, the need for different types of diagnostic tests plays a vital role in the detection of clinically-significant malarial cases, which is expected to increase the demand for diagnostic tools for malaria detection. However, factors, such as the rising demand for low-cost diagnostic tools may hinder the market growth.

    Scope of the Report:

  • Malaria is a serious life-threatening disease caused by a parasite, transmitted by the bite of infected anopheles mosquitoes. Infected mosquitoes transport the plasmodium parasite.

    Reasons for Buying Malaria Diagnostics Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Microscopic Diagnostics is Expected to Hold the Highest Market Share in the Technology Segment

    Microscopy has been the standard for malaria diagnosis since it was first introduced 100 years ago. When these tests are performed by professional hands and in the ideal settings, it performs well. According to the WHO estimations, approximately 204 million microscopic malaria tests were conducted globally. The leading number of these tests were performed in India with the highest burden of the disease in Southeast Asia.

    Malaria parasites which include the parasites, such as the P. falciparum, P. malariae, P. ovale, and P. vivax, at different stages of life can be identified through this method. Furthermore, the parasite density can also be quantified to accordingly design treatment plans. Accurate diagnosis offered by molecular tests is contributing to its increasing adoption. Though a general lack of sustained investment in microscopy services means that the quality of results varies greatly, under typical field conditions, the performance of microscopy is compromised.

    Middle East & Africa Expected to Retain Dominant in the Malaria Diagnostics Market

    The MEA region is expected to retain the highest share in the market share over the forecast period, due to the rising investments by the developed countries, such as the United States and the United Kingdom, larger patient population, coupled with the rising focus of the WHO to reduce the mortality rate of malaria in the African countries. The United States accounted for 31% of the total funding for malaria elimination in Africa with an approximate funding of USD 800 million in 2016. In addition, the rising need for the early detection and increased awareness regarding malaria diagnosis are expected to propel the demand for the malaria diagnostics market in this region.

    Malaria Diagnostics Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Malaria Diagnostics Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Growing Demand for Diagnostic Tools in Malaria-endemic Regions
    4.2.2 Increasing Technological Advancements and Efficient Diagnostics
    4.2.3 Scale-up of Rapid Diagnostic Tests and Universal Access to Diagnosis
    4.3 Market Restraints
    4.3.1 Increasing Number of Malaria-free Countries
    4.3.2 Rising Demand for Low-cost Diagnostic Tools
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Technology
    5.1.1 Clinical Diagnostics
    5.1.2 Microscopic Diagnostics
    5.1.3 Rapid Diagnostic Tests (RDTs)
    5.1.4 Molecular Diagnostics
    5.1.5 Other Technologies
    5.2 Geography
    5.2.1 North America
    5.2.1.1 US
    5.2.1.2 Canada
    5.2.1.3 Mexico
    5.2.2 Europe
    5.2.2.1 Germany
    5.2.2.2 UK
    5.2.2.3 France
    5.2.2.4 Italy
    5.2.2.5 Spain
    5.2.2.6 Rest of Europe
    5.2.3 Asia-Pacific
    5.2.3.1 China
    5.2.3.2 Japan
    5.2.3.3 India
    5.2.3.4 Australia
    5.2.3.5 South Korea
    5.2.3.6 Rest of Asia-Pacific
    5.2.4 Middle East & Africa
    5.2.4.1 GCC
    5.2.4.2 South Africa
    5.2.4.3 Rest of Middle East & Africa
    5.2.5 South America
    5.2.5.1 Brazil
    5.2.5.2 Argentina
    5.2.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Access Bio Inc.
    6.1.2 Abbott Laboratories
    6.1.3 BioMerieux SA
    6.1.4 Ortho Clinical Diagnostics
    6.1.5 Thermo Fisher Scientific
    6.1.6 Premier Medical Corporation Pvt. Ltd
    6.1.7 Siemens Healthineers
    6.1.8 Bio-Rad Laboratories Inc.
    6.1.9 Nikon Corporation

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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