Malaria Diagnostics Market Scope, Growth, Size and Share by 2030
Malaria Diagnostics Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 782.57 Million |
Market Size by 2030 | US$ 1,200.24 Million |
Global CAGR (2022 - 2030) | 5.5% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
Various strategic developments by leading players operating in the malaria diagnostics market are listed below:
- In February 2022, the Kenya Medical Research Institute (KEMRI) launched Plasmochek for Malaria testing. Plasmochek is designed to detect plasmodium, a parasite responsible for causing malaria. The kit utilizes antibodies specific to Plasmodium falciparum histidine-rich protein II and Plasmodium lactate dehydrogenase to detect malaria infections.
- In Dec 2019, Access Bio and Global Good (a collaboration partner of the former) developed a new ultra-sensitive rapid diagnostic test (uRDT) that is five times more sensitive in identifying histidine-rich protein 2 (HRP2) antigens than currently available uRDTs. Additionally, a variety of tools have been created to improve malaria diagnosis.
Competitive Landscape and Key Companies:
Access Bio., Inc.; Abbott Laboratories; Premier Medical Corporation Pvt. Ltd.; Sysmex Partec GmbH; bioMerieux; Beckman Coulter Inc.; Siemens Healthineers; Leica Microsystems GmbH; Nikon Corporation; Olympus Corporation; and Bio-Rad Laboratories Inc. are the prominent companies in the malaria diagnostics market. These companies focus on new technologies, upgrading existing products, and geographic expansions to meet the growing consumer demand worldwide.