India Malaria Diagnostics Market to be dominated by rapid diagnostic tests through 2028
Rising
incidences of malaria in India is expected to drive the growth of India Malaria
Diagnostics Market in the forecast period, 2024-2028.
According
to TechSci Research report, “India Malaria Diagnostics Market–Industry
Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, India
Malaria Diagnostics Market is anticipated to grow at a steady rate in the
forecast period, 2024-2028. This can be attributed to the high prevalence of
malaria, rising healthcare expenditure and increasing R&D activities.
The
rising demand for precise and trustworthy diagnostic tests is one of the main
factors propelling the growth of the malaria diagnostics market in India.
Diagnostic tools that may find the malaria parasite in patients' blood are
becoming more and more necessary due to India's escalating malaria incidence.
Additionally, due to the efforts of the Indian government and other large
market players, the accessibility and availability of diagnostic tests and
instruments for malaria have considerably increased over time. Additionally,
more advanced and effective diagnostic procedures, like molecular diagnostic
methods and quick diagnostic methods, have been created as a result of
technical breakthroughs in malaria diagnoses. As a result, medical
professionals in India are depending more and more on these tests to boost
patient outcomes and lessen the prevalence of malaria in the nation.
The
COVID-19 pandemic has had a significant impact on the India malaria diagnostic
market, as healthcare resources have been diverted towards combating the virus.
The focus on COVID-19 testing and treatment has led to a reduction in the
number of malaria diagnostic tests being conducted, especially in the early
stages of the pandemic. Additionally, the lockdowns and restrictions imposed to
control the spread of COVID-19 have disrupted the supply chain of malaria
diagnostic products, leading to shortages and higher prices.
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Malaria Diagnostics Market".
India
Malaria Diagnostics Market can be segmented by technology, by end user and
by region.
Based
on technique, India Malaria Diagnostics Market can be divided into Molecular
diagnostic tests, Rapid Diagnostic Test, and Others. Rapid diagnostic tests
(RDTs) are poised to become the dominant form of malaria diagnosis in India in
the forecast period, and for good reason. RDTs are much more cost-effective
than conventional diagnostic techniques, need no training, and can deliver
reliable results in as little as 15-20 minutes. RDTs will be essential in the
fight against this illness because India has a high incidence of malaria,
especially in rural regions with limited access to medical facilities. RDTs are
also simple to store and move, which makes them perfect for use in mobile
clinics or other field environments. The widespread use of RDTs will likely
play a significant role in helping India reach its ambitious objective of
eradicating malaria by 2030.
Based
on end user, India Malaria Diagnostics Market is divided into Hospitals &
Clinics, Diagnostic Centers, Home care, and Others. In the forecast period, the
Diagnostic Centers segment is expected to become the dominant in the India
malaria diagnostic market. This is due to several factors, including the
increasing demand for accurate and timely malaria diagnosis, the rising
prevalence of the disease, and the growing awareness among the general
population about the importance of early detection and treatment. Diagnostic
centers offer a range of malaria diagnostic services, including microscopy,
rapid diagnostic tests, and molecular-based tests. They have the necessary
equipment, infrastructure, and expertise to provide accurate and reliable
results, and often have tie-ups with healthcare providers and hospitals, which
further enhances their reach and accessibility. Additionally, diagnostic
centers offer a one-stop solution for all diagnostic needs, making them a
convenient choice for patients.
Major
companies operating in India Malaria Diagnostics Market are:
- Bio-Rad
Laboratories Inc.
- Abbott
India Limited
- Roche
Diagnostics India Pvt Ltd
- Hologic,
Inc.
- Access
Bio Inc
- Becton
Dickinson India Private Limited
- Siemens
Healthineers AG
- Meridian
Bioscience, Inc.
- Sysmex
India Private Limited
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“India
malaria diagnostics market is poised for growth in the coming years, driven by
factors such as the increasing prevalence of malaria, rising awareness about
the importance of early detection and treatment, and the availability of
advanced diagnostic technologies. However, the market is also facing challenges
such as the shortage of skilled healthcare professionals and the high cost of
diagnostic tests. The trend towards the adoption of rapid diagnostic tests and
molecular-based tests is expected to continue, as these methods offer accurate
and timely results, are easy to use, and are cost-effective. Several clinical
trials are underway to develop innovative diagnostic technologies and treatment
options for malaria. Recent developments in the field include the launch of new
diagnostic kits and the use of artificial intelligence to improve the accuracy
of malaria diagnosis. With ongoing technological advancements, the India
malaria diagnostic market is expected to witness significant growth in the
coming years.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research based global management consulting firm.
“India
Malaria Diagnostics Market By Technology (Molecular Diagnostic Tests, Rapid
Diagnostic Test, Others), By End User (Hospitals & Clinics, Diagnostic
Centers, Home care, Others), Region, Competition, Forecast & Opportunities,
2018-2028F”, has
evaluated the future growth potential of India Malaria Diagnostics
Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in India Malaria
Diagnostics Market.
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