Wednesday, 14 October 2020

The Tracheostomy Products Market Grows Incredibly; Confirms Mrfr Unleashing Industry Prognostications Up To 2024

 Market Research Future with their unique quality of simplifying the market research study, announces a deep study report on “Tracheostomy Products Market Research Report - Forecast to 2023” Gives industry size, top players and worldwide demand

The global tracheostomy products market is estimated to record a CAGR of 3.50% and hold a substantial value of USD 203,080.97 by the end of 2024. The increasing respiratory disorders is projected to be the most significant factor driving the global tracheostomy products market 2020. Besides, the favorable reimbursement policy is an essential factor expanding the market. In addition, the growing healthcare infrastructure is another crucial factor leading to market expansion. Also, the technological development in tracheostomy procedures is further likely to propel the market.

Also Read : https://www.benzinga.com/pressreleases/20/08/ab17130640/covid-19-outbreak-impact-on-tracheostomy-products-market-size-2020-new-developments-global-share-

Further, increasing awareness about the product, along with the growing popularity of medical tourism are other essential factors escalating the market. However, lack of awareness about such treatment options and the associated expenses with tracheostomy products is likely to hinder the market growth. Besides, the complication in procedure which are accompanied by tracheostomy such as narrowing of trachea, damage to the food pipe and trachea, and others are likely to further hinder the market growth. In addition, the disruption of COVID-19 is likely to affect the medical device industry. The spread of disease has caused a halt in the medical device industry due to the lockdown imposed. The lockdown has resulted caused disturbance in the supply chains. The halt has severely affect the global tracheostomy products market.

Impact of Covid-19 Outbreak on Tracheostomy Products Market

Several product and service industries have come to a pause due to the COVID-19 pandemic. One such industry that has faced the wrath of COVID-19 is the medical device industry. The pandemic has caused disruptions not only in the production of medical devices but has also caused disruptions in supply chains.

COVID-19, also known as novel coronavirus, has affected millions of people and is continuing to spread across the 215 countries or territories or areas. It has not only affected humanity but also has caused economic devastation around the world. This pandemic is likely to have caused devastating effects on the global economy and is certainly more intense than that was handled during the 2008-2009 global financial crisis.

As of 30th April 2020, the total coronavirus cases topped 3.3 million as more than 86,037 more people contracted the infection in a single day. The death toll worldwide as of April 30 stands at 233,830 and the number of recoveries at 1,039,061. Nearly 80% of the positive cases are from the US and countries in Europe. The US accounts for more than 33%, while Europe is the most affected continent.

Market Research Future (MRFR) collected data on several factors including implications of COVID 19 Impact on Tracheostomy Products Market and demographic challenges, showed how it could move forward in the coming years.

Considering this pandemic situation, the US FDA changed its regulatory process and introduced the Emergency Use Authorization (EUA) for medical devices, such as personal protective equipment (PPE), in-vitro diagnostic (IVD) tests, ventilators, and respirators, which are used for treating COVID-19 patients. The Emergency Use Authorization (EUA) can speed up the premarket approvals process and helps manufacturers to launch its medical device in the market quickly.

The changing process of premarket approvals is expected to boost the growth of the emergency used medical device market. This EUA regulatory policy helps many companies to expand the availability of respiratory products and accessories during the COVID-19 pandemic situation. Recently, in January 2020, Smiths Medical (US) launched Portex tracheostomy tubes and kits. This launch helped healthcare professionals provide the best patient care in the emergency care department. According to MRFR analysis, the demand for tracheostomy products is expected to increase in July 2020.

Tracheostomy Products Market Regional Analysis

The global market for the tracheostomy products market is projected to grow significantly during the review period. Regions such as Asia-Pacific, Europe, North Americas, and the Middle East and Africa have been evaluated thoroughly. Among all regions, North America is projected to dominate the market. The region is likely to acquire the largest market share during the assessment period. Among all nations, the US and Canada are estimated to make the most valuable contribution in expanding the market. Also, the presence of established key players is another important factor leading to regional expansion.

Europe is projected to exhibit substantial growth during the review period. The region is experiencing an increasing geriatric population leading to a rise in respiratory diseases. Also, the developing healthcare infrastructure in the region is another factor leading to market growth. On the other side, the APAC region is estimated to expand at the swiftest rate. The most significant factor responsible for regional growth is a large number of the patient population, and the increasing construction of hospitals is projected to drive the regional market further. India held a market share of 17.87% in the APAC region in 2018. The MEA region is projected to expand because of the availability of treatment facilities, and the awareness about limited access.

Tracheostomy Products Market Segmentation

The global tracheostomy market can be segmented into product type, product material, end-user, and region.

On the basis of product type, the global tracheostomy market can be segmented into tracheostomy tubes, and tracheostomy clean & care kits.

On the basis of product material, the global tracheostomy market can be segmented into polyvinyl chloride, silicone, and others.

On the basis of end-user, the global tracheostomy market can be segmented into Ambulatory Surgery centers, hospitals and clinics, and others.

On the basis of region, the global tracheostomy market can be segmented into Asia-Pacific, Europe, North Americas, and the Middle East and Africa.

Tracheostomy Products Market Key Players

The established players of the global tracheostomy products market are TRACOE Medical GmbH (Germany), Troge Medical GmbH (Germany), Medtronic Plc (Dublin, Ireland), Smiths Group PLC (United Kingdom), Cook (US), Teleflex Incorporated (US), Fisher & Paykel Healthcare Limited (New Zealand), Stening SRL (Argentina), Fuji Systems Corp (Japan), Henan Tuoren Medical Device Co., Ltd (China), and a few others.

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World Veterinary software Market Top Key Players Shares, Revenue, Analysis And Forecasts To 2023

 Market Research Future adds the “Veterinary software Market Research Report - Forecast to 2023” report to their unique collection.

MarketResearchFuture.com Recently Added Premium Research Reports on ”Global Veterinary software Market 2023” Which Gives in-depth Analysis of Regional data with Size and Share of Top 10 Players in the Globes.

Key Players for Global Veterinary software Market:

Britton’s Wise Computers Inc.(US), ClienTrax.(US), ezyVET Limited (New Zealand), Henry Schein, Inc. (US), Hippo Manager Software, Inc. (US), IDEXX Laboratories, Inc.(US), Onward Systems, Inc. (US), Patterson Veterinary Supply, Inc.(US), Provet Cloud – Finnish Net Solutions Ltd.(Finland), VetBlue (US), VETPORT (US), Vetter Software, Inc. (US), and others.

The global veterinary software market is rising with a moderate phase; mainly owing to increase spending by the pets owners on their pets. Most of the dog owners consider their dogs to be a member of their family. Thus, increasing attachment towards their pets rises the caring factor within the owners which leads the market of veterinary healthcare. According to American Pet Products Manufacturing Association (APPA), around 80% of all dog owners have taking the treatment for their dogs from veterinary clinics or hospitals, thus with the growing spending on treatment of pets enhance the market of veterinary software, and driving the growth of the global veterinary software market.

Companies are continuously engage in developing new software for capturing maximum market share globally. Thus major players invest more in research and development activity and expanding their network globally in order to lead the global market. In this regards, ezyVET Limited, in 2017, Announces that company is opening North American headquarters In Frisco, Texas in January 2018. This move by the company clearly indicate the interest of ezyVET to handle North America market in more effective way. This networking help Company to reach the patient population and capturing the market, whereas research and development will help company to leads the market. Increasing interest of people towards pets globally is the factor that leads the market of veterinary software. Moreover companies are more focus to capture the market.

Segments:     

Global Veterinary software Market has been segmented on the basis of type of product which comprise Imaging Software, Practice Management Software, and others. Practice Management Software further sub segmented into Desktop PMS, Client Server PMS, and Internet-Based PMS while Imaging Software further sub segmented into Diagnostic Imaging. Radiation Oncology. On the basis of deployment it segmented into On-Premise, Cloud-based and others. On the basis of end user market is segmented into veterinary hospitals and clinics, Research laboratories, Educational institutions, and others. Hospitals and clinics further sub segmented into Small animal clinics, large animal clinics, and Exotic animal clinics.

Regional Analysis of Global Veterinary software Market:      

Considering the global scenario of the market, North America is believed to be the largest market for global veterinary software. Moreover the European market, especially Western Europe is growing and second largest market for global veterinary software. On the other hand, Asia-Pacific is expected to grow at significant rate in the global veterinary software market during the forecasted period. Middle East and Africa is likely to have a limited but steady growth in the market, particularly market in North Africa is growing as compared to South and East region of Africa due to less awareness of these therapies and treatment.

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Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

Market Research Future

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Maharashtra, India

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Tuesday, 13 October 2020

Worldwide Radiology Services Market Segmentation And Analysis By Recent Trends And Growth Prospects By Regions To 2024

 The global radiology services market size accounted for USD 8,102.51 million in 2018 and is expected to register a CAGR of 10.5% during the forecast period (2019–2024).

Radiology is the technology that diagnosis and treat diseases within the human body by using medical imaging. The radiology services are served by the radiologists and experts that are qualified for performing the test and have unique postgraduate medical education in, radiation effects on the human body, radiation safety/protection, appropriate performance and interpretation of quality radiologic, and medical imaging examinations. Radiology services comprise X-Rays, computed tomography (CT), ultrasound, fusion imaging, positron emission tomography (PET), nuclear medicine, and magnetic resonance imaging (MRI). These imaging techniques should be performed after having adequate training and understanding of radiation safety and protection.

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The rising prevalence of the chronic disease, increasing healthcare expenditure, the emergence of thin client 3D viewers, advancement in radiology technology, rising demand for minimally invasive procedures are expected to drive the growth of the market. Moreover, rising R&D spending and aggressive strategies adopted by the top players, such as new product launches, are contributing to the growth of the market. For instance, In June 2018, FDA has anticipated reclassifying some types of radiology image software analyzers from class III to class II devices for mammography breast cancer, ultrasound breast lesions, and radiograph lung nodules. This will help to reduce the regulatory burden on the medical device industry.

However, the risk of high radiation exposure associated with the devices may hamper the growth of the market during the assessment period.

Segmentation

The global radiology services market has been segmented on the basis of product type, application, technology, end user, and region.

On the basis of product type, the market has been classified as stationary digital radiology systems and portable digital radiology systems. Stationary digital radiology systems have been further segmented into stationary ceiling-mounted systems and floor-to-ceiling mounted system. Based on application, the market has been segmented into cardiovascular imaging, chest imaging, dental imaging, mammography imaging, orthopedic imaging, and others. The market, by technology, has been segmented into computed radiology and direct digital radiology. On the basis of end user, the market has been classified as hospitals, diagnostic centers, and others. The stationary digital radiology segment is expected to hold the largest market share of the radiology services market due to acceptance of stationary systems in hospitals, extensive application, and less exposure to radiation. However, portable digital radiology segment is showing the highest growth rate owing to simplicity in the workflow, low-cost, and proficiency performing complex computational tasks.

The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The radiology services market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European radiology services market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 

The radiology services market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The radiology services market in the Middle East & Africa has been segmented into the Middle East and Africa.

Key Players

Some of the key players in the global radiology services market are 4ways Healthcare Limited, Cybernet Medical Corporation, Everlight Radiology, Global Diagnostics, Medica Reporting Ltd., Onrad, Inc, Radisphere National Radiology Group Inc., RamSoft Inc., Siemens Healthcare, Telediagnostics Services Pvt. Ltd., Telemedicine Clinic, Teleradiology Solutions Inc, and Virtual Radiology (vRAD).

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Global Flat Panel Detector (FPD) Market 2020 Analysis By Manufacturers, Latest Trends, Competitive Landscape And Strategies

 Flat Panel Detector (FPD) Market Scope

The global flat panel detector (FPD) market size is predicted to expand at 6.7% CAGR over the forecast period. Investments in digital imaging technologies for attaining accurate images of the internal body can drive the market demand. Dropping prices of digital detectors and the growing medical tourism can positively affect market growth. Developments in digital mammography with the help of FPDs can detect abnormalities in the body. This has worked well in breast cancer diagnostics and aided in storage of images in picture archiving and communication systems. In addition, lowered radiation doses associated with FPDs do not compromise with image quality in diagnosis of diseases.

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The huge prevalence of periodontal diseases has driven the need for FPD for cone beam computed tomography devices. According to a report by National Center for Biotechnology Information (NCBI) in 2017, dental diseases affect close to 50% of the global populace and will fuel the market demand in the coming years. Reimbursement schemes covering imaging tests can work in favor of the global FPD market.

However, the high costs of the system can hamper market growth.

Flat Panel Detector (FPD) Market Segmentation

The global flat panel detector (FPD) market has been segmented by portability, application, and end user.

By portability, the market has been segmented into fixed and portable. The portable segment had acquired the highest market share and will lead the market.

By application, the market has been segmented into dental, medical, veterinary, orthopedic, cardiac, mammogram, and others.

The market, by end user, has been segmented into hospitals and clinics and diagnostic centers.

Flat Panel Detector (FPD) Market Regional Analysis

The global flat panel detector (FPD) market has been segmented, by region, into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas is anticipated to dominate the global flat panel detector (FPD) market owing to the technological innovations, a surge witnessed in healthcare spending, access to venture capital and government funding, and increasing incidence of chronic diseases in the region has fueled the growth of the market.

Europe is expected to hold the second largest position in the global flat panel detector (FPD) market owing to the presence of prominent players such as Siemens and Philips, a well-developed healthcare sector, government support for research & development, and high healthcare expenditure. Changing user demand and partnerships between players to stave off competition from non-European players can fuel innovation in the global flat panel detector market.

APAC is anticipated to be the fastest growing region in the global flat panel detector (FPD) market owing to the growing adoption of digital radiography systems, rising disposable income levels of patients, and increasing investments in healthcare technology. Advantages over computed radiography and analogue detectors are likely to push the demand for flat panel detectors. Moreover, the requirement for digital radiography systems amid the rising pediatric population can bode well for the market.

Flat Panel Detector (FPD) Market Competitive Outlook

PerkinElmer Inc., iRay Technology, Agfa-Gevaert Group, General Electric Company, Carestream Health, New Medical Imaging Co., Ltd, Trixell, Canon Medical Systems Corporation, Imaging Dynamics Company Ltd, Varian Medical Systems, Inc., Varex Imaging Corporation, and Fujifilm Holdings America Corporation are key players of the global FPD market.

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Global Laparoscopy Devices Market 2020 Analysis By Manufacturers, Latest Trends, Competitive Landscape And Strategies

 Laparoscopy Devices Market Overview: 

The global market for laparoscopy devices is projected to surpass a valuation of USD 17,206.32 million by 2023, with a CAGR of 8.30% during the forecast period covering 2018 to 2023. Market Research Future (MRFR) discusses the possibilities for the market and reveals that it could do better due to the rising geriatric population who need the support of advanced devices, a surge in demand for minimally-invasive surgeries, improved reimbursement schemes, and need to improve diagnosis methods for better treatment facilities.  

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Laparoscopy Devices Market Segmentation: 

The global market for laparoscopy devices has been analyzed by MRFR experts on the basis of segments like product, application, and end user. Data gleaned from these segments are reliable as they are backed by scientific approaches and can be used for developing market strategies.  

By product, the global study on the laparoscopy devices market can be segmented into energy devices, insufflation devices, laparoscopes, handheld instruments, access devices, suction/irrigation devices, internal closure devices, trocars, and others. The laparoscope segment has been leading the global market with the highest CAGR during the forecast period. Its valuation can reach up to USD 5091.77 million by 2023. Hike in the inclusion of advanced technologies and integration of these into hospitals is expected to boost the market.  

By application, the global laparoscopy devices market includes bariatric surgery, gynecological surgery, general surgery, colorectal surgery, urological surgery, and others. The general surgery segment has a substantial market share and is expected to move forward with 7.79% CAGR during the forecast period. It includes sub-segments like hernia repairs, cholecystectomies, anti-reflux surgeries, appendectomies, and others. The bariatric surgery includes sleeve gastrectomy, gastric banding, gastric bypass, and others. 

By end user, the market includes hospitals and clinics, ambulatory centers, and specialty centers. The hospitals & clinics segment had a 38.11% share of the global market in 2017. 

Laparoscopy Devices Market Regional Analysis: 

Better investment capacity and infrastructural support are expected to support North America’s prominence in the global Laparoscopy Devices Market. The US and Canada are expected to make a positive impact on the market with their substantial budgetary impacts. Asia Pacific would grow fast with India, Japan, China, South Korea, and other nations influencing the market. 

Laparoscopy Devices Market Competitive Landscape: 

The global market for laparoscopy devices is getting backed by companies like Smith & Nephew PLC (UK), Becton, Dickinson and Company (US), Cook Medical LLC (US), B. Braun Melsungen AG (Germany), Medtronic PLC (US), Olympus Corporation (Japan), Fujifilm Holdings Corporation (Japan), Richard Wolf GmbH (Germany), KARL STORZ SE & Co. KG (Germany), Stryker Corporation (US), and others. This is primarily due to their ability to impact the market with various strategic moves that focus on the expansion of the portfolio and client base. These companies develop their moves around concepts like mergers, innovations, acquisitions, and joint ventures. In fact, these companies are strengthening their prospect by boosting their funding for research and development, which leads to better launching of projects and marketing strategies. 

Laparoscopy Devices Industry News: 

The impact of COVID-19 on the healthcare sector is unprecedented in several ways. On the one hand, it is asking for a diversion of resources to a specific sector, on the other, it is creating space for innovations that would work with minimum contact and lessen the time of various procedures to free up resources. The laparoscopy devices market is expected to get boosted by such prospects and the increasing influx of financial resources to bolster the latest research and development projects. Countries have already started initiating plans to ease the inclusion of various developments. 

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World Autoinjectors Market Top Key Players Shares, Revenue, Analysis And Forecasts To 2024

 Autoinjectors Market Overview

Global Autoinjectors Market growth is expected to register a CAGR of 17.42% to reach USD 79,741 Million by 2024.

Autoinjectors are medical devices designed to deliver the dose of the drug. These are easy to use and are intended for self-administration by patients and physicians.

Autoinjectors have numerous advantages such as decreased needle phobia anxiety and maintain dose accuracy which in turn help in the growth of the market. The growing prevalence of targeted therapies, rising incidence of anaphylaxis, and the increasing number of regulatory approvals are factors responsible for market growth.  

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Market Dynamics

The global autoinjectors market has been largely benefited by the rising incidence of anaphylaxis and the growing prevalence of targeted therapies. However, increased product recall and stringent regulatory policies are anticipated to restrain market growth.

Autoinjectors Market Segmentation

The disposable autoinjectors segment is expected to lead the market and register a substantial CAGR to reach USD 53,696.20 Million by the end of 2024. The increasing demand for testing new drugs and chemicals and vigorous growth in the pharmaceutical and biopharmaceutical sectors are expected to drive the market growth. Additionally, the disposable autoinjectors segment is also projected to exhibit the highest CAGR of 17.90% from 2019 to 2024.

Autoinjectors Market Key Players

The prominent players in the global autoinjectors market are Amgen Inc. (US), Becton, Dickinson and Company (US), AbbVie Inc. (US), Mylan N.V. (US), Eli Lilly and Company (US), Ypsomed (Switzerland), Owen Mumford Ltd (UK), Consort Medical (UK), SHL Group (Taiwan), Johnson & Johnson Services Inc. (US), Teva Pharmaceutical Industries Ltd (Israel) and Antares Pharma (US).

The players operating in the global autoinjectors market are focusing on product launches, along with expanding their global footprints by entering untapped markets.   

Americas accounted for the largest market share of 40.6% in 2018, and the regional market is projected to register a CAGR of 16.60% during the forecast period. Asia-Pacific is expected to register the fastest CAGR. The Indian market is projected to exhibit the highest growth rate of 18.95% during the forecast period of 2019 to 2024

The European market is estimated to exceed USD 24,307.74 million by 2024. The well-established healthcare infrastructure, technology advancement, and innovation in drug delivery systems, and rising prevalence of anaphylaxis incidences, diabetes, and cancer are the factors driving the growth of the autoinjectors market in the region. Germany is the major contributor to the growth of the regional market, followed by France.

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World Rabies Diagnostics Market Estimation Of Top Key Players Shares, Revenue, Analysis And Forecasts Till 2023

 

Rabies Diagnostics Market Scenario

Global Rabies Diagnostics Market Growth is accounted for USD 1964 Million in 2017 and expected to register 4.36% CAGR during the forecast period (2018–2023).

Rabies is a deadly disease caused by biting of an infected rabid animal which can affect both human and animal health. Patient suffering from rabies is likely to experience fever, headache, muscle aches, loss of appetite, nausea, and tiredness.

The increasing prevalence of rabies, raising awareness related to rabies, and the increasing number of animals are expected to drive the growth of the global rabies diagnostics market during the forecast period. Moreover, rising research and development activities by non-profit organizations and aggressive strategies by top players such as mergers, expansion, and collaboration for the development of new products and launches by major players are also boosting the growth of the market. For instance, in May 2016, the Centers for Disease Control and Prevention(CDC) developed LN34 innovative rapid rabies test for early detection of rabies.

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However, high costs associated with the diagnostic, and rising vaccination may hamper the growth of the market during the assessment period.

Rabies Diagnostics Market Segmentation

The global rabies diagnostics market has been segmented on the basis of method, technology, end-user, and region.

On the basis of method, the market has been classified as a fluorescent antibody test (FAT), immunohistochemical test, amplification methods, histologic examination, and serology tests. Also, by technology, the market has been segmented into ELISA/immunohistochemistry, chromatography techniques, PCR, and others.

Based on market has been divided into hospitals, diagnostic centers, cancer palliative care clinics, and others. By end-user hospitals are likely to register the highest CAGR owing to the rising prevalence of rabies in emerging countries during the forecast period.

The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The rabies diagnostics market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European rabies diagnostics market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 

The rabies diagnostics market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The rabies diagnostics market in the Middle East & Africa has been segmented into the Middle East and Africa.

Rabies Diagnostics Regional Market Summary

Asia-Pacific is likely to dominate the rabies diagnostics market during the forecast period owing to the improving healthcare infrastructure, rising investments in healthcare and expansions by market players in the region. Also, countries such as India and China are considering the fastest growing region due to a government focused toward adopting new technology and the best treatment option from a developed country. According to the World Health Organization, in 2010, the healthcare expenditure of India was 3.27% of GDP, whereas, in 2015 it has 3.89% of total GDP.

The Americas are likely to be the second-largest market in the global rabies diagnostics market owing to the rising strategic alliance by major players, increasing awareness about rabies, the involvement of non-profit organization to control rabies, and well-established healthcare infrastructure. According to the American Pet Products Association's 2017-2018 National Pet Owners Survey, Number of animals in the American region is increasing, and there were around 60.2 million dogs, and 47.1 pet cats were present in the Americas. 

The European market is expected to hold a significant share in the rabies diagnostics market. The market growth in this region can be attributed to the government funding, well-established healthcare sector, and support of the healthcare sector coupled with increasing research and development.

The market in the Middle East & Africa is expected to account for the smallest share of the global rabies diagnostics market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.

Rabies Diagnostics Market Key Players
Some of the key players in the global rabies diagnostics market are 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., and BioGen Technologies