The 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 a rise in parasitology Identification which is a key driver for the parasitology identification market.
Parasitic diagnosis classically requires isolation of parasites 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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North America Parasitology Identification Market Country Level Analysis
North America parasitology identification market is analysed and market size information is provided by the country, products, methods, pathogen type, sample, stool concentration and sample preparation and end user as referenced above.
The countries covered in the North America parasitology identification market report are the U.S., Canada and Mexico.
North America is expected to grow with a significant CAGR in the forecast period due to the growing GDP and healthcare expenditure. The U.S. is expected to dominate in the North America parasitology identification market as the U.S. is one of the leading countries in parasitology identification with an increasing number of research and development activities in the parasitology field and trending diagnostic tool advancements among other factors.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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 the 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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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.
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On the basis of products, the parasitology identification market is segmented into consumables & accessories and devices. In 2021, the consumables & accessories segment is dominating because they are crucial assets for parasitology identification and needed for various functions.
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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.
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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.
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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.
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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.
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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.
Strategic Initiatives by Manufacturers is Creating New Opportunities for Players in the Parasitology Identification Market
The parasitology identification market also provides you with detailed market analysis for every country growth in parasitology identification product sales, impact of advancement in the parasitology identification and changes in regulatory scenarios with their support for the parasitology identification market. The data is available for historic periods 2011 to 2019.
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North America Parasitology Identification Market Report Answers the Following Questions:
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What are the current trends and drivers in the North America Parasitology Identification Market?
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How has the demand for convenience affected the growth of the North America Parasitology Identification Market?
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What are the different types of North America Parasitology Identification Market available in the market and what are their respective market shares?
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How is the North America Parasitology Identification Market segment by channels?
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Who are the major players in the North America Parasitology Identification Market and what is their market share?
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How has the North America Parasitology Identification Market been impacted by the growing demand for options?
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How does the North America Parasitology Identification Market vary across different regions or countries?
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What are the future opportunities and challenges for companies operating in the North America Parasitology Identification Market?
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How has the rise of e-commerce affected the distribution and sales of the North America Parasitology Identification Market?
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