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 2027
Market Highlights
Rabies 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.
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Regional Analysis
The 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. Also, a country 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.
The Americas are expected to be the second-largest market in the global rabies diagnostics market due to the rising collaborative activities by major players, raising awareness about rabies, the involvement of non-profit organization to control rabies, and well-established healthcare infrastructure.
The European market is likely to hold a significant market share in the rabies diagnostics market. The government funding, well-established healthcare sector, and support of the healthcare sector coupled with increasing research and development are responsible for the growth of this market in the region.
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.
Segmentation
The global rabies diagnostics market has been segmented on the basis of method, technology, end-user, and region.
Based on method, the market has been classified as a fluorescent antibody test (FAT), immunohistochemical test, amplification methods, histologic examination, and serology tests. Global rabies diagnostics market on the basis of technology has been segmented into ELISA/immunohistochemistry, chromatography techniques, PCR, and others.
Based on market has been segmented into hospitals, diagnostic centers, cancer palliative care clinics, and others.
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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Rabies Diagnostics Market Size, Trends and Outlook 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 2027Overview:The global report, with substantial studies of the rabies diagnosis market, reveals that the market is showing signs of expansion with 4.36% CAGR during the forecast period (2018-2023).
Rabies is a virus often found in animals, and if they bite humans, they transmit the virus to the human body.
Various non-profit organizations are also taking proper steps using collaboration as an effective measure to inspire market growth.However, the rabies diagnosis market may find its growth hampered by the rising number of vaccination as a preventive measure and high cost that comes with the diagnostic procedure.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7796 Segmentation:MRFR’s take on the global rabies diagnosis market can be segmented into several segments like method, technology, and end user.
These segments reveal inputs and insights that can be later used for a better understanding of the market and devising strategies.By method, the global report on the rabies diagnosis market can be segmented into an immunohistochemical test, histologic examination, amplification methods, fluorescent antibody test (FAT), and serology tests.By technology, the global report on the rabies diagnosis market can be segmented into chromatography techniques, PCR, ELISA/immunohistochemistry, and others.
The ELISA/immunohistochemistry is quite popular among physicians who look for such changes.By end user, the report on the rabies diagnosis would encompass hospitals, diagnostic centers, cancer palliative care clinics, and others.
Improving the healthcare sector is expected to boost regional growth and ensure the sector gets proper funding.
