Rabies Diagnostics Market Analysis, Size, Growth, Share, Outlook & Forecast to 2025
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.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/rabiesdiagnostics-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.
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 o
U.S.
o
Canada
Europe o
U.K.
o
Spain
Asia Pacific o
India
o
China
o
Indonesia
Latin America
o

Brazil
Middle East & Africa o
South Africa
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Table of Content Chapter 1 Executive Summary 1.1 Market Snapshot Chapter 2 Research Methodology 2.1 Information Procurement 2.1.1 Purchased Database 2.1.2 GVR’s Internal Database 2.2 Data Analysis 2.3 Market Formulation & Validation 2.4 Approaches for Market Estimation 2.4.1 Approach 1: Commodity Flow & Bottom-Up Approach 2.4.2 Approach 2: Top-Down and Parent Market Analysis Chapter 3 Market Variables, Trends & Scope 3.1 Market Segmentation & Scope 3.1.1 Market driver analysis 3.1.1.1 High prevalence of rabies coupled with an
increase in the number of dog bites 3.1.1.2 Supportive government initiatives & laws 3.1.1.3 Presence of research funding programs 3.1.2 Market restraint analysis 3.1.2.1 Lack of awareness about advanced technologies 3.1.2.2 High cost and result inconsistency associated with rabies diagnosis 3.2 Penetration & Growth Prospect Mapping For Method, 2017 Continue‌‌‌ About Grand View Research, Inc.: 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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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