Feb 26, 2019   SOURCE: PR NewsWire

Global Rabies Diagnostics Markets, 2019-2025 - Key Players are Bio-Rad Laboratories, Merck, Aviva Systems Biology, and Creative Diagnostics

DUBLIN, Feb. 26, 2019 /PRNewswire/ -- The "Rabies Diagnostics Market Size, Share & Trends Analysis Report By Diagnostic Methods (Fluorescent Antibody Test, Histologic, Serology), By Technology (ELISA, PCR), And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

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.

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.

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.

Key Topics Covered:

Chapter 1 Executive Summary
1.1 Market Snapshot

Chapter 2 Research Methodology
2.1 Information Procurement
2.1.1 Purchased Database
2.1.2 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 increase in 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
3.3 Global Rabies Diagnostics Market-Swot Analysis, By Factor (Political & Legal, Economic And Technological)
3.4 Industry Analysis - Porter's

Chapter 4 Global Rabies Diagnostics Market Categorization: Diagnostic Method Estimates & Trend Analysis
4.1 Global Rabies Diagnostics Market: Diagnostic Method Movement Analysis
4.2 Fluorescent antibody test (FAT)
4.3 Immunohistochemical Test
4.4 Amplification Methods
4.5 Histologic Examination
4.6 Serology Tests

Chapter 5 Global Rabies Diagnostics Market Categorization: Technology Estimates & Trend Analysis
5.1 Global Rabies Diagnostics Market: Technology Movement Analysis
5.2 ELISA/Immunohistochemistry
5.3 Chromatography Techniques
5.4 PCR
5.5 Other Technologies

Chapter 6 Global Rabies Diagnostics Market Categorization: Regional Estimates & Trend Analysis, by Diagnostic Method and Technology
6.1 Global Rabies Diagnostics Market Share By Regional, 2017 & 2025

Chapter 7 Global Rabies Diagnostics Market: Competitive Landscape
7.1 Strategy Framework
7.2 Company Profiles

    --  Bio-Rad Laboratories, Inc.
    --  Merck KGaA
    --  Aviva Systems Biology Corporation
    --  Creative Diagnostics
    --  Demeditec Diagnostics GmbH
    --  Abbexa Ltd.
    --  Norgen Biotek Corp.
    --  BioNote, Inc.
    --  Express Biotech International Inc.
    --  MyBioSource.com.

For more information about this report visit https://www.researchandmarkets.com/research/ns4pzh/global_rabies?w=5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/global-rabies-diagnostics-markets-2019-2025---key-players-are-bio-rad-laboratories-merck-aviva-systems-biology-and-creative-diagnostics-300802240.html

SOURCE Research and Markets