Market Analysis and Insights: North America Parasitology Identification Market
The north- America parasitology identification market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.3% in the forecast period of 2021 to 2028 and is expected to reach USD 2,769.67 million by 2028. Increasing prevalence of parasitic and infectious diseases in both developed and developing countries caused rise in parasitology Identification which is a key driver for the parasitology identification market.
Parasitic diagnosis classically requires isolation of parasite with culture, parasite expansion and its subsequent sequence testing. Wide spread infection caused by different pathogen types classified as protozoan, helminths and ectoparasites rise a major concern about requirement of advanced tools for parasitic strain identification. Since years many traditional identification methods have been employed for parasitic strain identification, also new advanced methods which are more accurate and sensitive have been deployed in diagnostic laboratories.
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Initiatives adopted by these organizations have enhanced the awareness level among patient population that helps them to understand the need of innovative diagnostic tools, thus signifies that rising government initiatives is acting as driver for the parasitology identification market growth. As the cost of parasite identification kits are too high, it restricts physicians and patients to accommodate high quality and effective solution, thus the high cost of instruments acts as restrain for the parasitology identification market growth. As the number of tests is increasing worldwide across several regions, the demand of diagnostic kits is also increasing, thus the increasing demand allows manufacturers to enhance the rapidity of diagnostic kits manufacturing process which is acting as an opportunity for the parasitology identification market growth. As people are not too much aware and concerned about the prevailing parasitic infections and its diagnosis procedure and innovative kits, it restricts them to achieve effective treatment at exact time, thus signifies that lack of awareness among people for parasite infection acts as challenge for the parasitology identification market growth.
The north-America parasitology identification market report provides details of market share, new developments, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the parasitology identification market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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Parasitology Identification Market Scope and Market Size
The parasitology identification market is categorized into six notable segments which are based on the products, methods, pathogen type, sample, stool concentration and sample preparation and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of products, the parasitology identification market is segmented into consumables & accessories and devices. In 2021, consumables & accessories segment is dominating because they are crucial assets for parasitology identification and needed for various functions.
On the basis of methods, the parasitology identification market is segmented into fecal identification, immunological techniques, morphological identification, molecular techniques, rapid diagnostic tests (RDTS), Maldi-TOF MS and others. In 2021, fecal identification segment is dominating because they constitute significant share in all kinds of parasitic identification.
On the basis of pathogen type, the parasitology identification market is segmented into protozoan, helminths and ectoparasites. In 2021, protozoan segment is dominating as it has high prevalence rate in developed and developing countries.
On the basis of sample, the parasitology identification market is segmented into feces, blood urine, serum & plasma and others. In 2021, feces segment dominates as most of the parasitic strains are identified from the sample type.
On the basis of stool concentration and sample preparation, the parasitology identification market is segmented into concentration technique and unconcentration technique. In 2021, concentration technique segment dominates as they have more varying range of techniques as compared to unconcentration technique when it comes to identifying the parasitic strain for parasitology identification market.
On the basis of end user, the parasitology identification market is segmented into diagnostic centers, hospitals, clinics and others. In 2021, diagnostic centers segment dominates as the segment is focused on parasitology identification and has good network distribution which increases the pace of parasitology identification.
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Competitive Landscape and Parasitology Identification Market Share Analysis
The parasitology identification market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to parasitology identification market.
The major players covered in the North America parasitology identification market report are Abbott, BD, bioMérieux SA, Bruker, Quest Diagnostics Incorporated, Thermo Fisher Scientific Inc., Trinity Biotech, Biomerica, Inc., Bio-Rad Laboratories, Inc., Creative Diagnostics, Luminex Corporation, Meridian Bioscience, Inc., ORGENTEC Diagnostika GmbH, R-Biopharm AG, Shimadzu Corporation, Tecan Trading AG, VWR International, LLC (a subsidiary of Avantor, Inc.), Liferiver Bio-Tech (United States) Corp., altona Diagnostics GmbH among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many products, programme launches and agreements are also initiated by the companies’ worldwide which are also accelerating the parasitology identification market.
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