June 9, 2020

Global Malaria Diagnostics & Treatment market with CAGR of 5.1% from 2019 to 2026

Malaria is an infectious ailment caused by the transmission of Plasmodium parasite. These parasites are transmitted through the bite of infected female Anopheles mosquito. The global malaria diagnostics market accounted for $728,870 thousand in 2018 and is expected to reach $1,085,106 thousand by 2026, registering a CAGR of 5.1% from 2019 to 2026.

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Furthermore, these parasites invade cells of the liver, where they grow and multiply to further invade red blood cells. The mature form of these parasites lead to rupturing of blood cells to form merozoites. In addition, these merozoites further invade other red blood cells, which causes symptoms such as high fever, fatigue, and dizziness. Thus, malaria is highly fatal if left untreated for a long period of time. Tests and procedures which are employed in the identification of malaria are called as malaria diagnostics. Furthermore, there are different types of malaria diagnostics available in the market, which include rapid diagnostic tests, microscopy, and molecular diagnostic tests. In addition, these tests are performed in hospitals, clinics, and diagnostic centers.

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