The global malaria diagnostics market was valued at USD 729.1 Mn in 2021 and is forecast to reach a value of USD 1,068.9 Mn by 2028 Growing at a CAGR of 5.6% between 2022 and 2028. Malaria often spreads by mosquito bites from infected female Anopheles mosquitoes. Malaria can only be spread by Anopheles mosquitoes. In nations that are tropical or subtropical, malaria is still widespread. Therefore, early diagnosis is essential. Malaria diagnostics are the processes or exams used to determine whether a person has malaria. Malaria must be identified by showing there are parasites in the blood, often through microscopy. In places where malaria is endemic, microscopy is regarded as the gold standard for diagnosing the disease. This approach is low-cost, enables for the identification of parasite species, and has a sensitivity range of 50 to 500 parasites per l. After the diagnosis has been made by either smear microscopy or RDT, PCR is most helpful for verifying the species of malarial parasite.
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Market Drivers:
During the projected period, government measures to combat malaria are anticipated to fuel the expansion of the worldwide market for malaria diagnostics. For instance, the U.S. President’s Malaria Initiative (PMI) is a federal programme with the long-term goal of eliminating malaria. Its goal is to significantly reduce malaria-related illnesses and deaths in selected sub-Saharan African nations. In order to manage and eradicate malaria, PMI supports three initiatives in the Greater Mekong Sub-region of Southeast Asia and 24 partner nations in sub-Saharan Africa.
Market Opportunities:
Over the course of the projection period, players in the malaria diagnostics market should benefit from the high demand for diagnostic instruments in malaria-endemic areas. For example, the World Health Organization (WHO) estimates that there will be 241 million cases of malaria globally in 2020. A disproportionately large amount of the worldwide malaria burden is placed on the WHO African Region. 95% of malaria cases and 96% of malaria fatalities occurred in the area in 2020.
Market Restraints:
The worldwide market for malaria diagnostics is likely to be constrained by an increasing number of nations free of the disease and a strong demand for affordable diagnostic techniques. For instance, the World Health Organization declared 12 nations to be malaria-free between 2020 and 2022 (Morocco, Turkmenistan, Argentina, Paraguay, Sri Lanka, China, Uzbekistan, Armenia, Kyrgyzstan, Algeria, El Salvador, and the United Arab Emirates) (WHO).
In addition, the WHO started the E-2025 project in April 2021 with the aim of eliminating malaria from 25 nations worldwide.
COVID-19 Impact:
Countries with high rates of malaria have reported COVID-19 cases in all WHO regions. Since the start of the epidemic, there have been more than 1 million confirmed cases of COVID-19 in the WHO African Region, which accounts for more than 90% of the worldwide malaria burden. As a result, there is a rising need for diagnostic tests that can be used to identify and treat these two disorders. Kenya’s Ministry of Health announced the availability of COVID-19 and malaria PCR diagnostic kits in February 2022 in an effort to improve the early identification and treatment of the two illnesses. The kits will protect the nation and households from expensive importation.
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Market Trends:
The market for malaria diagnostics is anticipated to increase as a result of rising technical developments and effective diagnoses. For instance, ERADA Technology Alliance Ltd (ERADA) stated in January 2019 that the first diagnostic saliva test for malaria will soon be available. The saliva-based diagnostic device is expected to revolutionise malaria detection globally in the struggle against one of the world’s worst illnesses.
The market for malaria diagnostics is anticipated to increase more quickly with the launch of innovative products. In June 2019, PATH and Quansys Biosciences, Inc. unveiled an extremely sensitive malaria screening tool intended to assist researchers in addressing the difficulty of guaranteeing diagnosis and treatment of malaria, as well as to ensure that individuals with malaria infections get identified and receive the appropriate care.
Competitive Landscape:
Among other companies, Premier Medical Corporation Pvt Ltd., Nikon Corporation, Meril Life Sciences Pvt Ltd., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Siemens Healthineers, Access Bio, BioMérieux, and Abbott Laboratories, and are major players in the global market for malaria diagnostics.
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Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Malaria Diagnostics, By Technology
- Market Malaria Diagnostics, By Geography
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Growing demand for diagnostic tools in malaria-endemic regions
- Rising number of malaria-free countries
- Government initiatives for prevention of malaria
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- Market Dynamics
- Malaria Diagnostics Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- Malaria Diagnostics Market, By Technology, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Microscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Rapid Diagnostic Tests
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Molecular Diagnostic Tests
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Other Technologies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Introduction
- Malaria Diagnostics Market, By Geography, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Middle East and Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Introduction
- Competitive Landscape
- Nikon Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Bio-Rad Laboratories Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Siemens Healthineers
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BioMérieux
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Abbott Laboratories
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Access Bio
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Thermo Fisher Scientific Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Meril Life Sciences Pvt Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Premier Medical Corporation Pvt. Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
- Nikon Corporation
- Section
- Research Methodology
- About us
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