Rabies Diagnostics Market Scenario
Global Rabies Diagnostics Market Growth is accounted for USD 1964 Million in 2017 and expected to register 4.36% CAGR during the forecast period (2018–2023).
Rabies is a deadly disease caused by biting of an infected rabid animal which can affect both human and animal health. Patient suffering from rabies is likely to experience fever, headache, muscle aches, loss of appetite, nausea, and tiredness.
The increasing prevalence of rabies, raising awareness related to rabies, and the increasing number of animals are expected to drive the growth of the global rabies diagnostics market during the forecast period. Moreover, rising research and development activities by non-profit organizations and aggressive strategies by top players such as mergers, expansion, and collaboration for the development of new products and launches by major players are also boosting the growth of the market. For instance, in May 2016, the Centers for Disease Control and Prevention(CDC) developed LN34 innovative rapid rabies test for early detection of rabies.
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However, high costs associated with the diagnostic, and rising vaccination may hamper the growth of the market during the assessment period.
Rabies Diagnostics Market Segmentation
The global rabies diagnostics market has been segmented on the basis of method, technology, end-user, and region.
On the basis of method, the market has been classified as a fluorescent antibody test (FAT), immunohistochemical test, amplification methods, histologic examination, and serology tests. Also, by technology, the market has been segmented into ELISA/immunohistochemistry, chromatography techniques, PCR, and others.
Based on market has been divided into hospitals, diagnostic centers, cancer palliative care clinics, and others. By end-user hospitals are likely to register the highest CAGR owing to the rising prevalence of rabies in emerging countries during the forecast period.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The rabies diagnostics market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European rabies diagnostics market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The rabies diagnostics market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The rabies diagnostics market in the Middle East & Africa has been segmented into the Middle East and Africa.
Rabies Diagnostics Regional Market Summary
Asia-Pacific is likely to dominate the rabies diagnostics market during the forecast period owing to the improving healthcare infrastructure, rising investments in healthcare and expansions by market players in the region. Also, countries such as India and China are considering the fastest growing region due to a government focused toward adopting new technology and the best treatment option from a developed country. According to the World Health Organization, in 2010, the healthcare expenditure of India was 3.27% of GDP, whereas, in 2015 it has 3.89% of total GDP.
The Americas are likely to be the second-largest market in the global rabies diagnostics market owing to the rising strategic alliance by major players, increasing awareness about rabies, the involvement of non-profit organization to control rabies, and well-established healthcare infrastructure. According to the American Pet Products Association’s 2017-2018 National Pet Owners Survey, Number of animals in the American region is increasing, and there were around 60.2 million dogs, and 47.1 pet cats were present in the Americas.
The European market is expected to hold a significant share in the rabies diagnostics market. The market growth in this region can be attributed to the government funding, well-established healthcare sector, and support of the healthcare sector coupled with increasing research and development.
The market in the Middle East & Africa is expected to account for the smallest share of the global rabies diagnostics market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.
RABIES DIAGNOSTICS MARKET KEY PLAYERS
SOME OF THE KEY PLAYERS IN THE GLOBAL RABIES DIAGNOSTICS MARKET ARE BIO-RAD LABORATORIES, INC., MERCK KGAA, AVIVA SYSTEMS BIOLOGY CORPORATION, CREATIVE DIAGNOSTICS, DEMEDITEC DIAGNOSTICS GMBH, ABBEXA LTD., NORGEN BIOTEK CORP., BIONOTE, INC., EXPRESS BIOTECH INTERNATIONAL INC., MYBIOSOURCE.COM., AND BIOGEN TECHNOLOGIES
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Global Rabies Diagnostics Market: Information by Method (Fluorescent Antibody Test (FAT), Serology Tests, and Others), by Technology (ELISA/Immunohistochemistry, and Others), by End User (Hospitals Diagnostic centers, others) - Global Forecast till 2027Rabies is a life treating a viral disease which is caused by the biting of an infected rabid animal.
It is fever, headache, muscle aches, loss of appetite, nausea, and tiredness to the infected animal or human.
The surge in the prevalence of rabies, increasing awareness about rabies, and a rising number of pet animals are expected to drive the growth of the global rabies diagnostics market during the forecast period.
Moreover, ongoing research and development activities by non-profit organizations and aggressive strategies by top players such as mergers, expansion, and collaboration for the development of new products and new product launches by major players are also boosting the growth of the market.
According to the report published by World Organization for Animal Health, Asia-Pacific region is hugely affected by rabies owing to the increasing cases of rabies, in Asia approximately 31000 deaths were caused by rabies which is 56% of the total cases.
The high costs associated with the diagnostic, absence of awareness about rabies and scarcity of skilled workforce may hamper the growth of the market during the assessment period.Request Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/7796Regional AnalysisThe market is likely to dominate by Asia-Pacific during the forecast period owing to the improving healthcare infrastructure, increasing investments in the healthcare sector and expansions by market players in the region.
Rabies Diagnostics Market OverviewGlobal rabies diagnostics market is growing pervasively, mainly due to the increasing prevalence of rabies.
Also, rising research and development activities by non-profit organizations alongside, the aggressive strategies by top players such as mergers & acquisition, expansion, and collaboration for the development of new products and launches are accelerating the growth of the market on a global level.According to a leading research firm Market Research Future (MRFR), the global rabies diagnostics market had created a valuation of USD 1964 MN in 2017 which is expected to further appreciate at a CAGR of 4.36% throughout the forecast period (2018–2023).
The major outburst of the rabies virus, mainly in various regions across the globe is a significant driving force for the market.Governments, across the world, have taken up various initiatives to spread awareness about rabies viruses.
Simultaneously, diligent efforts put in by vendors and pharma companies to develop novel diagnostic devices foster the growth of the market.
Also, the growing number of new entrants with absolutely limited medical equipment business history, and a considerable price gap between the top players and small unorganized players are impeding the market growth.Nevertheless, continuous technological advancements, rising demand for quick test results would support the growth of the market.
Furthermore, increasing governmental endeavors to spread awareness towards the viruses are estimated to propel the market from 2018 to 2023.Global Rabies Diagnostics Market – SegmentsThe report is segmented into four dynamics to widen the scope of understanding, By Method: Fluorescent Antibody Test (FAT), Immunohistochemical Test, Amplification Methods, Histologic Examination, and Serology Tests, among others.By Technology: ELISA/Immunohistochemistry, Chromatography Techniques, and PCR, among others.By End-user: Hospitals, Diagnostic Centers, and Cancer Palliative Care Clinics, among others.By Regions: Europe, North America, Asia Pacific, and the Rest-of-the-World.
Laboratory diagnosis of human immunodeficiency virus (HIV) infection is fundamental for detecting and monitoring infections.
Request for Sample of the Report @ https://www.industryarc.com/pdfdownload.php?id=501300Report Price: $ 4500 (Single User License) By Type- Segment Analysis By Type, HIV Diagnosis Market is segmented into Antibody Test, Viral Load Test, CD4 Test, Test for Early Infant Diagnosis and Test for Viral Identification.
Screening Test include ELISA the most common type of test to screen for HIV Infection owing to its relatively simpler methodology, inherent insensitivity and suitability for testing large number of samples, particularly in blood testing centers.
Furthermore, growing innovations leading to ease of testing such as Home-Testing and OraQuick test in which saliva instead of blood is tested and users can read results in 20-40 minutes at home are contributing to its market growth.
This is owing to ease of facilities for testing.
Furthermore, the presence of large number of laboratories and ease of availability of technology advanced instruments in that region is further driving its market growth.Talk to one of our sales representative about the full report by providing your details in the link below:https://www.industryarc.com/support.php?id=501300Drivers –HIV Diagnosis MarketIncreasing Patient count of HIV-AIDsIncreasing Patients count of HIV-AIDs is a major factor driving the HIV Diagnosis Market during the forecast period 2020-2025.Moreover, according to the Centers for Disease Control and Prevention an estimated 1.1 million people in the U.S. have HIV including 162,500 people who are unaware of their status.
Synthetic biology has an array of applications in the fields of medicine, agriculture, nanotechnology, and industrial biotechnology.
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DNA Technologies (US)Download Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=889* Synthetic biology can broadly be described as the engineering and design of new biological parts and functions such as artificial biological pathways and organisms, which can further be used to produce end-products such as biofuels, biosensors, etc.
Synthetic biology also includes the redesign of natural biological systems.
* The global synthetic biology market is segmented on the basis of tool, technology, application, and region.
Based on tools, the market is segmented into oligonucleotides, enzymes, cloning technology kits, chassis organisms, and xeno-nucleic acids.
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The report “COVID-19 Impact on Vaccines and Drugs Market – Global Forecast to 2025″ the COVID-19 impact on the global vaccines market size is estimated at USD 2,273 million in 2022 and projected to reach USD 1,401 million by 2025, resulting in a CAGR of -14.9%.
On the other hand, the COVID-19 impact on the global drugs market size is anticipated at 165 million in 2020 and estimated to reach USD 2 million by 2025, at a CAGR of -57.8%.The growth of the COVID vaccines market is attributed majorly to the increasing number of people infected with coronavirus and growing funding for vaccine development.
In line with this, various global organizations have come forward to expedite the process, such as Gavi, CEPI, and WHO.
However, considering the pandemic scenario of COVID-19, much stronger initiatives are required.In April 2020, the Bill and Melinda Gates Foundation announced plans to help fund factories for seven promising vaccines, even before seeing conclusive data.
The foundation aims to help scale up manufacturing during testing, rather than after the vaccines have passed the trials.Besides the most promising Moderna program, several other big pharma companies are involved in COVID-19 vaccine work.
Johnson & Johnson has pledged a manufacturing scale-up to 1 billion doses for its federally partnered program.
