About Meningitis Diagnostic Testing
Meningitis is an inflammation of the meninges. The meninges are the three membranes that cover the brain and medulla spinalis . Meningitis can occur when fluid surrounding the meninges becomes infected. Meningitis is typically caused by viruses or bacteria. Viral meningitis is that the commonest sort of meningitis, followed by bacterial meningitis. Rarer sorts of meningitis include chemical and fungal meningitis. the foremost common sorts of bacterial meningitis are meningococcal, pneumococcal, TB, B streptococcal and E.coli.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Meningitis Diagnostic Testing 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.
Seegene Inc. (South Korea), Siemens Healthineers (Germany), IMMY (United States), Thermo Fisher Scientific Inc. (United States), BioFire Diagnostics LLC (United States), Bio-Rad Laboratories, Inc. (United States), Abbott Laboratories (United States) and BD (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are HiberGene Diagnostics (Ireland), ELITechGroup (United Kingdom) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Meningitis Diagnostic Testing market by , Application (Viral Meningitis, Bacterial Meningitis, Fungal Meningitis, Hib Meningitis and Others) and Region.
On the basis of geography, the market of Meningitis Diagnostic Testing 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). If we see Market by Test Type, the sub-segment i.e. Latex Agglutination Tests will boost the Meningitis Diagnostic Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Hospital and Clinics will boost the Meningitis Diagnostic Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Meningitis Testing Instruments
Market Growth Drivers:
Increase in Incidence & Prevalence of Infectious and Chronic Diseases and Rising Geriatric Population Coupled with a High Prevalence of Non- Communicable Diseases
Challenges:
Inadequate Reimbursement and Rising Healthcare Costs
Restraints:
High Cost of Diagnosis and Unaffordability of Low-Income Patients
Opportunities:
Surging Development in the Condition-Specific Assays & Tests and Increasing Need for Early Diagnosis in the Emerging Economies
Market Leaders and their expansionary development strategies
In February 2021, Eurofins Viracor, Inc., has launched 16S Next-Generation Sequencing (NGS) bacterial meningitis test for the diagnosis of meningitis.
In July 2022, Abacus Diagnostica, a Uniogen company, launched a new rapid PCR test in the European markets for the fast identification of viruses causing viral meningitis and encephalitis.
Key Target Audience
Meningitis Diagnostic Testing Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users 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.