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Malaria Diagnostics Market Trends

Report ID: GMI9279 Published Date: April 2024Report Format: PDF
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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.
Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

How much is the malaria diagnostics industry worth?+

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.

Why is the demand for malaria diagnostic kits & reagents rising?+

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.

Why is malaria diagnostics preferred in the U.S.?+

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

Who are the major malaria diagnostics industry players?+

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

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