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Malaria Diagnostics Market Outlook with Expected 4.5% CAGR 2019 – 2024 | Global Key Vendors - Access Bio, Abbott, BioMerieux SA, Ortho Clinical Diagnostics, Thermo Fisher Scientific, Bio-Rad Lab, Nikon
The report covers a forecast and an analysis of the Malaria Diagnostics Market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2024 based on revenue and volume.Overview of the Global Malaria Diagnostics Market:
The report spread across 114 pages is an overview of the Global Malaria Diagnostics Market. These report study based on the Malaria Diagnostics Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.
The Global Malaria Diagnostics Market is expected to register a CAGR of 4.5% over the forecast period (2019 - 2024). The major key 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.
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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.
Industry Analysis: The Global Malaria Diagnostics Market is moderately competitive and consists of several major players. In terms of market share, a few of the major players currently dominate the market. With the rising prevalence of diseases, a few other smaller players are also expected to enter into the market and hold a substantial share.
Regionally, 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.
This comprehensive Malaria Diagnostics Market research report 2019 – 2024 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
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Major Key Players:
1 Access Bio Inc.
2 Abbott Laboratories
3 BioMerieux SA
4 Ortho Clinical Diagnostics
5 Thermo Fisher Scientific
6 Premier Medical Corporation Pvt. Ltd
7 Siemens Healthineers
8 Bio-Rad Laboratories Inc.
9 Nikon Corporation and More……………
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Table of Contents:
1 Introduction
2 Global Malaria Diagnostics Market Research Methodology
3 Executive Summary
4 Global Malaria Diagnostics Market Dynamics
5 Global Malaria Diagnostics Market Segmentation
6 Competitive Landscape
7 Global Malaria Diagnostics Market Opportunities and Future Trends
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