Home > Healthcare > Medical Devices > Diagnostic Devices > Malaria Diagnostics Market

Malaria Diagnostics Market Trends

  • Report ID: GMI9279
  • Published Date: Apr 2024
  • Report Format: PDF

Malaria Diagnostics Market Trends

Point-of-care testing (POCT) which is estimated to reach USD 78.3 billion by 2032, plays a pivotal role in malaria diagnosis, especially in remote or resource-limited settings where access to centralized laboratory facilities is limited.
 

  • Portable and easy-to-use POCT devices, such as rapid diagnostics and handheld microscopy tools, enable rapid detection of malaria infections within minutes, facilitating prompt treatment initiation and reducing the burden on healthcare systems.
     
  • The scalability, affordability, and user-friendly nature of POCT devices make them indispensable tools for decentralized healthcare delivery in developing countries, propelling their adoption and uptake.
     
  • Further, technological advancements have led to the development of more accurate, sensitive, and rapid diagnostic tests for malaria. These include molecular techniques such as polymerase chain reaction (PCR), loop-mediated isothermal amplification (LAMP), and nucleic acid amplification testing, which offer high sensitivity and specificity.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Malaria diagnostics market size was valued at USD 819.1 million in 2023 and is estimated to grow at 5% CAGR from 2024 to 2032, driven by rising malaria transmission and prevention awareness.

The kits & reagents product segment in the malaria diagnostics industry held a decent share in 2023 and will reach USD 857.4 million by 2032, propelled by the ongoing advancements in diagnostic technologies.

U.S. malaria diagnostics market size reached USD 303.1 million in 2023, driven by increasing population and aging demographics.

Abbott Laboratories, Access Bio, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., Danaher corporation, F. Hoffmann-La Roche Ltd, and Nikon Corporation among others.

Malaria Diagnostics Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 277
  • Countries covered: 23
  • Pages: 198
 Download Free Sample