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Malaria Diagnostics Market Capacity, Generation, Investment Trends, Regulations and Company Profiles report to 2019

03-21-2019 05:50 AM CET | Health & Medicine

Press release from: Allied Market Research

Malaria Diagnostics Market Capacity, Generation, Investment

Malaria is caused by the Plasmodium parasites and is transmitted by the female Anopheles mosquito. Diagnosis of malaria includes detection by microscopy and blood tests. According to the WHO, in 2012, there were an estimated 203 million cases of malaria, which resulted in an estimated 627,000 deaths.

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Accurate and early diagnosis of malaria is important as the patients recover rapidly if treatment is started early and this has spurred investments in diagnostic techniques. This has led to technological advancements in the development of rapid diagnostic tests and is the major driver for the growth of this market. The challenges faced by this market are in accelerating the acceptance of diagnostic tests and their use in the diagnosis of malaria. WHO updated its guidelines for the treatment of malaria and it recommends testing all suspected cases of malaria. Initiatives by global partners have been undertaken to provide universal access to diagnostic kits.

Malaria Diagnostics Market by Technique

Diagnosis of malaria is by use of Rapid Diagnostic Tests (RDT’s), Molecular diagnostics and detection of parasites by microscopy. Malaria RDTs have revolutionized the diagnosis of malaria and are in high demand. The tests are rapid with results available in 15- 30 minutes. The tests detect the presence of antigens of the malaria parasites. Different types of RDT’s are available for diagnosis, some detecting single species of Plasmodium, while others are able to detect multiple species.

Malaria Diagnostics Market by Geography

Malaria diagnostic market is segmented into North America, Europe, Asia Pacific, and Row. The Asia Pacific and RoW dominate this market, as the prevalence of malaria is high in these regions. Africa has a high prevalence of malaria and the majority of deaths are reported in these regions.

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Competitive Analysis

The companies in this market include Beckman Coulter, bioMerieux, Bio-Rad Laboratories, Novartis Diagnostics, Seimens Healthcare, Ortho-Clinical Diagnostics, and others. In April 2013, Lumora, a Molecular Diagnostic company, announced a partnership with Foundation for Innovative New Diagnostics (FIND) for developing a rapid, high throughput malaria diagnostic assay that would allow screening on a large scale.

High-Level Analysis

According to Porter’s five forces model, the bargaining power of the buyer is high in this market as there are many suppliers producing diagnostic kits. The report analyzes the threat of substitutes and new entrants to this market. The Malaria diagnostic market is experiencing a surge in growth due to global initiatives to reduce the deaths caused by this disease. The report describes the efforts taken by governments for the widespread use of diagnostics. The key investment regions are analyzed based on the future growth potential of this market.

Key Benefits
• In-depth analysis of various geographic segments would help companies make strategic plans for each region.
• Competitive analysis of key players helps in understanding the business strategies implemented by them.
• Porter’s five forces model and SWOT analysis would enable stakeholders to make strategic decisions for business development.
• Market estimations of the malaria diagnostic market are given, which would help in making development plans.
• Identification of key challenges that have to be overcome to achieve success in this market is discussed.

Key Deliverables

Malaria Diagnostics Market is segmented by technique and geography.

Malaria Diagnostics Market by a technique
Rapid Diagnostic Tests (RDT)
Molecular Diagnostics
Microscopy

Malaria Diagnostics Market by Geography
North America
Europe
Asia Pacific
Row.

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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