The global rabies diagnostics market size is expected to reach USD 2.03 billion by 2025 and is projected to expand at a CAGR of 4.1% during the forecast period, according to a new report by Grand View Research, Inc. Development of various diagnostic assays ranging from detection of virus presence to final confirmation of infection helps launch effective disease control programs. This factor is anticipated to drive the market growth. These assays aid in defining epidemiologic patterns of the disease and thereby deliver appropriate information for designing the control and eradication programs. These programs have boosted the market growth by increasing the rate at which testing kits are adopted.
For
example, in June 2018, the World Health Organization (WHO), the World
Organization for Animal Health (OIE), the Global Alliance for Rabies Control
(GARC), and the Food and Agriculture Organization of the United Nations (FAO)
entered into a partnership for a plan, The United Against Rabies Collaboration.
This plan aims for rabies prevention and management and empowering the
under-served populations in afflicted countries.
Furthermore,
the state and public health officials of the Department of Public Health and
Human Services (DPHHS) along with the Department of Livestock of Montana, U.S.,
deal with awareness pertaining to the risk of virus exposure. They are engaged
in training the population about various aspects of disease management
including prevention, detection, and available treatment modes. Such
initiatives are projected to create growth opportunities for the rabies
diagnostics market during the forecast period.
Full Research Report On Rabies Diagnostics Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/rabies-diagnostics-market
Further key
findings from the report suggest:
- Fluorescent
Antibody Test (FAT) held the largest market share in terms of revenue
owing to the high usage and recommendation by the WHO. Great specificity,
as compare to other conventional tests such as serology and histology
tests bodes well for the adoption of these tests
- Amplification
methods are expected to supplant a major portion of conventional methods,
primarily due to several advantages associated with the usage
- Currently,
major products deploy ELISA/immunohistochemistry techniques, resulting
into a larger revenue share of this segment
- High
prevalence of the disease in India and China coupled with growing
government support has contributed to the dominance of Asia market over
other regions
- Since, most
of the countries in Europe are designated as rabies free jurisdictions,
the Europe market is anticipated to grow at the slowest pace over the
forecast period
- Bio-Rad
Laboratories, Inc.; Merck KGaA; Aviva Systems Biology Corporation; and
Creative Diagnostics are some of the key entities in the rabies testing
market. The companies engage in developing products for rabies eradication
programs.
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https://www.grandviewresearch.com/industry-analysis/rabies-diagnostics-market/request/rs1
Grand View Research has
segmented the global rabies diagnostics market on the basis of diagnostic
method, technology, and region:
Rabies Diagnostics
Diagnostic Method Outlook (Revenue, USD Million, 2014 - 2025)
- Fluorescent antibody test (FAT)
- Immunohistochemical test
- Amplification methods
- Histologic examination
- Serology tests
Rabies Diagnostics
Technology Outlook (Revenue, USD Million, 2014 - 2025)
- ELISA/Immunohistochemistry
- Chromatography techniques
- PCR
- Others
Rabies Diagnostics
Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Spain
- Asia Pacific
- India
- China
- Indonesia
- Latin America
- Brazil
- Middle East & Africa
- South Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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