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Plant Disease Diagnostics Market estimated to surge ahead at a CAGR of 4.1% to reach US$ 150.6 Mn by the end of 2033 | PMR

05-31-2023 06:27 AM CET | Health & Medicine

Press release from: Persistence Market Research

The plant disease diagnostics market is a growing industry that focuses on the development and production of tools and technologies for the rapid and accurate detection and diagnosis of plant diseases. Plant diseases can cause significant damage to crops, resulting in reduced yield, economic losses, and environmental damage. The market for plant disease diagnostics is driven by a growing need to improve crop yields, reduce losses due to plant diseases, and address environmental concerns.

Worldwide revenue from the plant disease diagnostics market was about US$ 96.5 Mn in 2022, with the global market estimated to surge ahead at a CAGR of 4.1% to reach a valuation of US$ 150.6 Mn by the end of 2033.

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One of the main drivers of the plant disease diagnostics market is the need to improve crop yields. Plant diseases can significantly reduce crop yields and affect the quality of crops, resulting in economic losses for farmers and food shortages for communities. Plant disease diagnostics can help identify the specific disease affecting crops and provide guidance on how to manage and treat the disease, thereby improving crop yields and overall food security.

Companies

ThermoFisher Scientific Inc.
ClearDetections B.V.
Merck KGaA
Agdia Inc
Qualiplante SAS
LOEWE Biochemica GmbH
BIOREBA AG
PanonIT
Agrisera AB
Biosense Laboratories AS
OptiGene Limited
TwistDx Limited

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Another factor driving the growth of the plant disease diagnostics market is the need to reduce losses due to plant diseases. With the increasing demand for food, it is critical to reduce losses due to plant diseases and improve the efficiency of agriculture. Plant disease diagnostics can help farmers identify diseases in their crops early on, allowing for prompt and effective treatment, thereby reducing crop losses and improving agricultural productivity.

The plant disease diagnostics market is also benefiting from advances in technology. With the development of new diagnostic tools and technologies, it is now possible to detect and diagnose plant diseases more rapidly and accurately than ever before. This includes the use of molecular diagnostic techniques, such as polymerase chain reaction (PCR) and next-generation sequencing (NGS), which can provide highly specific and sensitive detection of plant pathogens.

Competition Landscape

Organizations all across the world are using mobile services to develop and market their plant disease diagnosis products. Many companies that sell electronic and software-based solutions for diagnosing plant diseases also sell their goods as mobile applications to customers.

Furthermore, several industry participants in the plant disease diagnostics market employ low-cost marketing techniques. One such method is free trials. Offering a free trial is one of the most common marketing methods for increasing product sales. This method is most commonly used among new products and emerging market competitors.

Key instances include:

Agdia Inc. introduced rapid isothermal assays in August 2021 for the identification of novel pathogens in industrial hemp.
Agdia Inc. released a fast molecular assay in January 2021 to identify Dickeya spp., which causes blackleg disease in potatoes.

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Key Segments Covered in Plant Disease Diagnostics Industry Research

Product:

Kits
Elisa Kits
DNA Based Diagnostics Kits
Protein Based Diagnostics Kits
Lateral Flow Devices
DNA/RNA Probes
Accessories and Other Consumables
Software and Cloud Databases

Test:

Molecular Tests
PCR- Based Assays
PCR & RT-PCR
Multiplex PCR
Isothermal Amplification Assays
Microarray Assay
NASBA
The LAMP Assay
Serological Tests
ELSIA
TBIA
QCMI
Tests Using Electronic Technology

Sample:

Seeds
Grains
Plants
Trees
Fruits
Others

End User:

Agricultural Laboratories
Academic and Research Institutes
Food Processing Laboratories
Contract Research Organization
Others

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Persistence Market Research
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Call +1-646-568-7751
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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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