Rabies Diagnostics Market: Asia Pacific Region Is Anticipated To Lead The Market Throughout The Projected Period 2019-2025

One of the most significant Neglected Tropical Diseases (NTD), which is posing a serious threat to the animal and human health is rabies. Various international organizations along with the World Health Organization are taking immense efforts by collaborating with healthcare entities across the globe to combat this disease. The WHO has already published several documents explaining various characteristics of a complete control program for rabies. These activities in the rabies R &D market are likely to propel the growth of the global rabies diagnostics market.

According to WHO, although rabies is a preventable disease, it kills around 59,000 people annually across the world. The report has focused on the key points such as the elimination of rabies that include suitable diagnostics and strong surveillance strategies and immunization of animal and human in developing economies.

In-depth Insights and Understanding of Key Market Dynamics

A new set of guidelines, growth in the number of animals and human getting infected by the virus of rabies and introduction of novels products are some of the important factors that are fuelling the growth of the global rabies diagnostics market. Rising investment in rabies abolition program in low-income, as well as developed economies is creating a positive impact on the global rabies diagnostics market. Some of the other elements which are contributing in creating robust growth of the market are increasing approval by veterinaries for point-of-care diagnostics solutions and growing spending power of pet owners on animal health services either with the help of insurance programs or through direct payment.

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Top Players in the Market

Bio-Rad Laboratories, Inc., BioNote, Inc., MyBioSource.com., Merck KGaA, Aviva Systems, Creative Diagnostics, Express Biotech International Inc., Demeditec Diagnostics, and Abbexa Ltd., are some of the key players operating in the global rabies diagnostics market.
Market Segmentation

By Diagnostic Method

● Serology Tests

● Fluorescent antibody test (FAT)

● Histologic Examination

● Immunohistochemical Test

● Amplification Methods,

By Technology

● PCR

● ELISA/Immunohistochemistry

● Chromatography Techniques

● Others

Among different diagnostic methods used to detect rabies, FAT is expected to take the largest share of the global rabies diagnostics market due to its wide usage and advantages such as those related to improved sensitivity and specificity.

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