Product ID: UCMIG35A2361
Report ID:
UCMIG35A2361 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The size of the worldwide rabies diagnostics market was estimated at USD 1.47 billion in 2017 and is anticipated to grow at a CAGR of 4.1% over the next five years. Neglected Tropical Diseases (NTDs) have affected a number of areas with high population density and limited resources around the world. Rabies is one of these NTDs and it continues to be a serious threat to human and animal health, especially in Asian and African nations. To support the development and marketing of novel detection assays that will help fight the disease, a number of worldwide healthcare organisations are working to form partnerships with healthcare organisations.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG35A2361