About Malaria Diagnostics
Growing demand for diagnostics in malaria-endemic countries and innovation of novel diagnostic techniques will help to boost global malaria diagnosis market. Malaria is a type of disease caused by the Plasmodium parasites and is spread by the female Anopheles mosquito. Diagnosis of malaria contains recognition by microscopy and blood tests. Rising occurrence of drug-resistant strains of parasites, increasing incidence of malaria, huge upsurges in international travel and government initiatives in awareness as well as diagnostic programs. This is act as a major driver of malaria diagnosis market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
CAGR | 4.5% |
The global malaria diagnostics market appears to be moderately fragmented and with the presence of several companies. This market research report will help customers identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Malaria Diagnostics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboratories (United States), Premier Medical Corporation Pvt. Ltd. (India), Sysmex Partec GmbH (Germany), bioMérieux (France), Beckman Coulter Inc. (United States), Novartis (Switzerland), Siemens Healthineers (Germany), Leica Microsystems GmbH (Germany), Nikon Corporation (Japan) and Olympus Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Bio-Rad Laboratories, Inc. (United States) and Ortho- Clinical Diagnostics (United States).
Segmentation Overview
AMA Research has segmented the market of Global Malaria Diagnostics market by Type (Microscopy, Rapid Diagnostic Tests and Molecular Diagnostic Tests [Conventional PCR, Real-Time PCR (quantitative PCR or qPCR)]) and Region.
On the basis of geography, the market of Malaria Diagnostics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End User, the sub-segment i.e. Clinics will boost the Malaria Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand Due To Rapid Diagnostic Tests (Rdts) and Increasing Investments by Government and Private Investors
Market Growth Drivers:
Up Surging Demand for Diagnostics Methods, Intensifying Cases of Tropical Diseases and Growths in Diagnostic Techniques
Challenges:
Strict Government Regulation for Drug Approvals
Restraints:
Accelerating The Acceptance Of Diagnostic Tests
Opportunities:
Growing Demand Due To Technological Advancements in Emerging Countries
Market Leaders and their expansionary development strategies
In July 2021, The new Partnership for Vivax Elimination (PAVE) launched to support countries in the elimination of P. vivax – a complex and persistent type of malaria that poses a risk to more than one-third of the world’s population. The partnership to accelerate elimination of relapsing P. vivax malaria that poses a risk to an estimated 2.5 billion people worldwide.
Nairobi, Kenya's Ministry of Health launched malaria and Covid PCR diagnostic kits in a bid to boost timely detection and treatment of the two diseases. The kits that are the first to be produced locally.
Key Target Audience
Commercial Research & Development (R&D) Institutions, Associations and Industrial Bodies, Traders, Exporters and Importers, Government Regulatory Bodies, Government and Private Research Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.