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Bacterial Diagnostics in Aquaculture Market expected to Witness Huge Revenue Growth to 2031
According to the latest research by InsightAce Analytic, the Global Bacterial Diagnostics in Aquaculture Market is valued at US$ 3.76 Bn in 2022, and it is expected to reach US$ 6.46 Bn by 2031, with a CAGR of 6.4% during a forecast period of 2023-2031.
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Bacterial diagnostics in aquaculture is the diagnosis and monitoring of bacterial infections that can influence the health and productivity of aquatic species in aquaculture systems, such as fish and shellfish. Bacterial infections can cause considerable economic losses in the aquaculture business by reducing production, increasing mortality, and incurring additional costs for disease management and treatment. Bacterial diagnostics have become faster and more accurate as molecular diagnostic tools such as PCR and DNA sequencing have advanced. These tools enable rapid pathogen identification and timely response. As aquaculture production grows, so does the demand for reliable bacterial diagnostics to protect the health of aquatic species. The increase in demand for seafood in aquaculture is thought to have considerable growth in the global food production industry, ascribed to increased demand for seafood, particularly in developing countries.
List of Prominent Players in the Bacterial Diagnostics in Aquaculture Market:
• Aquasol Corporation
• Ziva Impex Pvt Ltd.
• Aquatic Diagnostics Ltd
• Mologic
• Biogenuix
• Auro Biotechnologies
• Enasis Indonesia
• Thermo Fisher Scientific
• LexaGene
• Myron L
Market Dynamics:
Drivers-
The globalization of the seafood sector emphasizes the necessity of disease-free products in maintaining access to international markets. Bacterial diagnostics enable the verification of the health state of aquaculture products, hence supporting export and trade opportunities. Furthermore, advances in diagnostic technology, such as molecular procedures like PCR and LAMP, have enhanced the accuracy and efficiency of bacterial diagnostics. These technologies provide rapid and specific disease detection, increasing their implementation in the aquaculture sector.
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Challenges:
Aquaculture involves a variety of fish and shellfish species, each of which is susceptible to a variety of bacterial infections. It is a huge problem to develop diagnostics that can reliably identify a large range of bacterial illnesses and infections. Additionally, precise identification of bacterial pathogens is critical for illness management. To minimize false positives or false negatives that could lead to improper treatment decisions, diagnostic tests must be very specific and sensitive.
Regional Trends:
Asia Pacific Bacterial Diagnostics in the Aquaculture Market is expected to record a maximum market share in revenue and it is projected to grow at a high CAGR in the near future. Aquaculture operations in the Asia Pacific region span from small-scale farms to major commercial enterprises. Bacterial diagnostics solutions must address these enterprises' various needs and resources. The different climate zones and environmental circumstances of the Asia Pacific area can impact disease patterns.
Moreover, Aquaculture in North America encompasses a wide range of species, production technologies (ponds, recirculating systems, and offshore operations), and geographic locations. This diversity impacts the dynamics of bacterial detection and necessitates flexible treatments.
Recent Developments:
• In July 2020, NanoPin Technologies, Inc. and Thermo Fisher Scientific have collaborated to advance blood-based infectious disease detection technology through the creation of highly sensitive liquid chromatography-mass spectrometry (LC-MS)-based workflows. NanoPin Technologies, Inc. is the creator of the novel NanoPin diagnostic platform for rapid and quantified results from patient blood samples.
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Segmentation of Bacterial Diagnostics in Aquaculture Market-
By Animal Type-
• Mackerel
• Carps
• Milkfish
• Sea Bream
• Sea Bass
• Trout
• Crustaceans
• Other Species
By Technique
• Histopathology
• Electron microscopy
• Scanning Electron Microscopy
• Transmission Electron Microscopy
• Molecular Diagnostics
• Polymerase Chain Reaction (PCR)
• Real-Time PCR
• Multiple Loop-Mediated Isothermal Amplification PCR
• Quantitative PCR
• Arbitrary Primed PCR
• DNA Probes
• DNA Microarrays
• Immunological Diagnostics
• Immunohistochemistry (IHC)
• Immunofluorescent Antibody Test (IFAT)
• Immunochromatography
By Distribution Channel-
• Aquarium Store
• E-Commerce
• Company Stores
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.JPG
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