Malaria Diagnostics Market by Technique
Diagnosis of malaria is by use of Rapid Diagnostic Tests (RDT’s), Molecular diagnostics and detection of parasites by microscopy. Malaria RDTs have revolutionized diagnosis of malaria and are in high demand. The tests are rapid with results available in 15- 30 minutes. The tests detect the presence of antigens of the malaria parasites. Different types of RDT’s are available for diagnosis, some detecting single species of plasmodium, while others are able to detect multiple species.
Malaria Diagnostics Market by Geography
Malaria diagnostic market is segmented into North America, Europe, Asia Pacific and Row. Asia Pacific and RoW dominate this market, as the prevalence of malaria is high in these regions. Africa has a high prevalence of malaria and majority of deaths are reported in these regions.
Competitive Analysis
The companies in this market include Beckman Coulter, bioMerieux, Bio-Rad Laboratories, Novartis Diagnostics, Seimens Healthcare, Ortho- Clinical Diagnostics and others. In April 2013, Lumora, a Molecular Diagnostic company, announced a partnership with Foundation for Innovative New Diagnostics (FIND) for developing a rapid, high throughput malaria diagnostic assay that would allow screening on a large scale.
High Level Analysis
According to Porter’s five forces model, the bargaining power of the buyer is high in this market as there are many suppliers producing diagnostic kits. The report analyzes the threat of substitutes and new entrants to this market. The Malaria diagnostic market is experiencing a surge in growth due to global initiatives to reduce the deaths caused by this disease. The report describes the efforts taken by governments for the widespread use of diagnostics. The key investment regions are analyzed based on future growth potential of this market.
Key Benefits
In depth analysis of various geographic segments would help companies make strategic plans for each region
Competitive analysis of key players helps in understanding the business strategies implemented by them
Porter’s five forces model and SWOT analysis would enable stakeholders to make strategic decisions for business development
Market estimations of the malaria diagnostic market are given, which would help in making development plans
Identification of key challenges that have to be overcome to achieve success in this market are discussed
Key Deliverables
Malaria Diagnostics Market is segmented by technique and geography.
Malaria Diagnostics Market by technique
Rapid Diagnostic Tests (RDT)
Molecular Diagnostics
Microscopy
Malaria Diagnostics Market by Geography
North America
Europe
Asia Pacific
Row.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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