Global Shrimp Disease Diagnostics Market 2022: Effectual Disease Management in Aquaculture Captures the Spotlight

Cultured shrimps or farm-grown shrimps are considered for diagnostic tests, and the shrimp disease diagnostics comprise of reagents and kits that are used to diagnose viral diseases in shrimps. The global market for shrimp disease diagnostics registered revenues worth US$ 360 Mn in the year 2018, according to a recent research study of Persistence Market Research (PMR).

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The shrimp disease diagnostics market has been analysed across the regions of North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA and Emerging Countries such as China, Thailand and India. Due to the high viral-borne endemic shrimp diseases, countries such as China, Thailand, and India are estimated to be the fastest-growing regional markets for shrimp disease diagnostics, and are poised to offer significant opportunities.

With a large number of ongoing research initiatives pertaining to shrimp disease, the demand for shrimp disease diagnostics is estimated to grow significantly over the forecast period. Moreover, mergers & acquisitions and research-based collaboration agreements by key manufacturers in the shrimp disease diagnostics market are also among factors estimated to fuel the growth of the market.

Companies

HiMedia Laboratories
Speedy Assay Sdn Bhd
REAGEN LLC
FUJIKURA KASEI CO., LTD.
GeneReach Biotechnology Corp.
Thermo Fisher Scientific
Lab - Ind Resource Sdn Bhd.
SUREBIO
Auro Biotechnologies

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Assay-based Kits Remain High Selling

The market for shrimp disease diagnostics comprises of assay-based kits and rapid testing kits. Assay-based kits are used for qualitatively assessing and quantitatively measuring the amount or functional activity of a target entity (shrimp virus) in a sample. Rapid tests are tailored during the preliminary screening of a target entity, and are very useful in resource-limited settings. Rapid tests produce results of high quality and are easy to perform with a quick output (10 minutes to 2 hours).

Rapid tests are based on agglutination and many immunological techniques. According to PMR, assay-based kits are expected to hold a prominent position in the global shrimp disease diagnostics market, as compared to reagent kits, in terms of revenue with a global market share of about 60% in 2019.

Over the years, shrimp disease diagnostic products have become attractive assay kits as compared to manual assays. The increased demand for shrimp disease diagnostics reagent kits can be attributed to their accuracy, high throughput, and reliable results, which can be achieved in a fraction of the time. Furthermore, the emergence of third-generation DNA-based diagnostic tools have also revolutionized the shrimp disease diagnostics market for quick disease diagnosis. Many studies on the efficacy comparison of manual and shrimp disease diagnostics reagent kits have shown that the latter provides high-throughput results with a high rate of accuracy and reproducibility.

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Key Questions Answered in This Report.

What are the Roadblocks for Shrimp Disease Diagnostics Market Suppliers?
What are the Key Opportunities for Shrimp Disease Diagnostics Market Manufacturers?
How is Focus on Safety Influencing Shrimp Disease Diagnostics Market Demand?
What is the Regulatory Impact on Global Sales of Shrimp Disease Diagnostics Market?
Which Region Offers the Largest Opportunity for Sales of Shrimp Disease Diagnostics Market?
Where Does the U.S. Stand in the Market for Shrimp Disease Diagnostics Market?
What Is the Outlook for Shrimp Disease Diagnostics Market Manufacturers in China?
Why is Germany a Lucrative Market for Shrimp Disease Diagnostics Market Manufacturers?
Why Will Belgium Outpace Other European Markets for Shrimp Disease Diagnostics Market?
Why is There High Demand for Tires in Shrimp Disease Diagnostics Market?
Why are Sales of Shrimp Disease Diagnostics Market Surging?

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This release was published on openPR.