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The global Malaria Diagnostics Market size is predicted to reach USD 1,197.13 million with a CAGR of 4.8% by 2030.
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Malaria Diagnostics Market The Malaria Diagnostics Market size is predicted to reach USD 1,197.13 million with a CAGR of 4.8% by 2030 Next Move Strategy Consulting
Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting
Market Overview Malaria is an infection caused by parasites, which is highly fatal if it is left untreated. This disease spreads through the bite of infected female Anopheles mosquito that leads to transfer of plasmodium parasites into the human body. Increasing prevalence of malaria across the globe is one of the key factors that is creating a positive outlook for the market. Low awareness among people, especially in under developed countries, regarding malaria diagnostic may restrain the growth of the market to some extent. Factors such as stringent regulations, long approval time, and high cost of research & development adversely impacting the global malaria diagnostics market growth. Next Move Strategy Consulting
Market Segmentation • By Technology • Clinical Diagnostic • Microscopic Diagnostic • Rapid Diagnostic Test (RDT) • Molecular Diagnostic Test • Conventional PCR • Real-Time PCR (qPCR) • Other Technologies • By End User • Hospitals • Clinics • Blood Banks • Diagnostic Centers Next Move Strategy Consulting
Regional Analysis • North America • The U.S. • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries • Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting
Key Market Players • Access Bio Inc. • Alere Inc. • Novartis Diagnostics • Premier Medical Corporation Ltd. • Sysmex Corporation • Beckman Coulter, Inc. • Abbott Siemens Healthcare • Wako Chemicals Inc. • Olympus Corporation • Novartis AG Next Move Strategy Consulting
Key Highlights Market Expansion: The global malaria diagnostics market is expanding due to rising cases in endemic regions and a growing focus on eliminating malaria worldwide. Technological Advancements: Innovations such as rapid diagnostic tests (RDTs), molecular diagnostics (PCR), and advanced microscopy techniques are enhancing detection accuracy and speed. High Demand for RDTs: Rapid diagnostic tests, which offer quick and reliable results, are in high demand, particularly in resource-limited settings where access to sophisticated laboratory equipment is limited. Government Initiatives: Increased funding from governments and international organizations, such as the World Health Organization (WHO) and the Global Fund, is driving the development and distribution of diagnostic tools. Next Move Strategy Consulting
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