Global Malaria Diagnostics Market

Malaria Diagnostics Market Size, Share, Growth Analysis, By Diagnostic Test(Rapid Diagnostic Tests, Molecular Diagnostic Tests and Microscopic Diagnostic Tests.), By End-User(Hospitals, Diagnostics Centers and Clinics), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35B2208 | Region: Global | Published Date: May, 2024
Pages: 219 | Tables: 61 | Figures: 75

Malaria Diagnostics Market Dynamics

Drivers

Higher Malaria Burden in Endemic Regions

  • Regions with a high burden of malaria, particularly in sub-Saharan Africa and parts of Asia, drive the demand for malaria diagnostics. The need for accurate and timely diagnosis is crucial for effective disease management and control.

Rising Travel and Migration

  • Increasing global travel and migration contribute to the spread of malaria to non-endemic regions. This necessitates the availability of malaria diagnostics in areas where the disease is not traditionally prevalent, driving the global demand for diagnostic tests.

Restraints

Limited Research and Development

  • Insufficient investment in research and development for malaria diagnostics may limit the availability of innovative and improved diagnostic technologies. A lack of funding for research initiatives focused on developing more sensitive, specific, and affordable diagnostic tests hampers progress in the field.

Resistance to Antimalarial Drugs

  • The emergence of drug-resistant malaria strains poses challenges for accurate diagnosis and effective treatment. Resistance to frontline antimalarial drugs complicates case management and may require alternative diagnostic approaches and treatment strategies.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Malaria Diagnostics Market size was valued at USD 844.51 Million in 2023 and is poised to grow from USD 884.46 Million in 2024 to USD 1340.65 Million by 2032, growing at a CAGR of 4.73% during the forecast period (2025-2032).

The global malaria diagnostics market is moderately competitive and consists of several major players. It is characterised by the presence of established multinational corporations, mid-sized companies, and emerging players. Key players such as Abbott Laboratories, BioMérieux SA, and F. Hoffmann-La Roche Ltd dominate the market with their extensive product portfolios, global presence, and strong distribution networks. These companies invest significantly in R&D activities to innovate and introduce advanced diagnostic technologies for malaria detection. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are common strategies employed by market players to expand their market share and enhance their competitive position. However, the market also witnesses the entry of smaller players and startups focusing on niche segments or innovative diagnostic approaches, contributing to market dynamism and fostering competition. The competitive landscape of the malaria diagnostics market is driven by technological advancements, regulatory approvals, market expansion efforts, and the pursuit of novel diagnostic solutions to address the global burden of malaria effectively. 'Abbott Laboratories (United States)', 'Beckman Coulter, Inc. (United States)', 'BioMérieux SA (France)', 'Bio-Rad Laboratories, Inc. (United States)', 'Cepheid Inc. (United States)', 'Danaher Corporation (United States)', 'F. Hoffmann-La Roche Ltd (Switzerland)', 'FujiFilm Corporation (Japan)', 'GenMark Diagnostics, Inc. (United States)', 'Hologic, Inc. (United States)', 'Illumina, Inc. (United States)', 'Meridian Bioscience, Inc. (United States)', 'Qiagen NV (Netherlands)', 'Siemens Healthineers AG (Germany)', 'Sysmex Corporation (Japan)', 'Thermo Fisher Scientific Inc. (United States)', 'Bio-Rad Laboratories (United States)', 'Trinity Biotech plc (Ireland)', 'Siemens Healthineers (Germany)', 'Access Bio, Inc. (South Korea)'

Regions with a high burden of malaria, particularly in sub-Saharan Africa and parts of Asia, drive the demand for malaria diagnostics. The need for accurate and timely diagnosis is crucial for effective disease management and control.

Expansion into Emerging Markets: Emerging economies in Asia, Latin America, and Africa presents major growth opportunities for malaria diagnostics due to increasing healthcare expenditure, rising awareness about infectious diseases, and government initiatives to combat malaria. Companies can capitalize on these markets by offering cost-effective and culturally sensitive diagnostic solutions tailored to local needs.

Based on the geography, the global malaria diagnostics market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Middle East & Africa is considered as the leading region in the global malaria diagnostics market. The African region had the highest revenue share of 88.17% in 2022. P. falciparum is the most prevalent malarial parasite in this region and was accounted for an estimated 99% of all cases in Africa. According to the WHO, an estimated 92.0% of global malaria cases and 93% of global malarial deaths were recorded in this region. These facts are indicative of the rising prevalence of malaria in Africa. This region bears the highest burden of malaria globally, with a substantial portion of malaria cases and deaths occurring here. Factors contributing to the dominance of this segment include the endemic nature of malaria in many countries across Africa, where the disease is a major public health concern. Additionally, limited access to healthcare resources, including diagnostic facilities and trained personnel, often demands for the use of RDTs and other point-of-care diagnostics in resource-constrained settings. Moreover, international organizations, governments and non-profit organizations have been actively involved in scaling up malaria control and elimination efforts in the region, thereby driving the demand for malaria diagnostics.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Malaria Diagnostics Market

Report ID: SQMIG35B2208

$5,300
BUY NOW GET FREE SAMPLE