Parasitology Testing Market: Introduction

  • Medical parasitology includes mainly parasitic protozoa, helminths, and arthropods. Sometimes, infection caused by these can be life threatening. The incidences of parasitic diseases, such as chistosomiasis, malaria, etc., are increasing. This factor is driving the market for parasitology testing market growth.
  • Parasites can be transmitted through various routes, including oral, skin, mucous membrane or sexual contact. Laboratory diagnosis includes characterization of parasites in feces, urine, sputum, body secretion, or blood sample. Computerized Axial Tomography scan, Endoscopy/Colonoscopy X-ray, Magnetic Resonance Imaging (MRI) scan are also required to detect lesions in organs caused by parasitic organisms. According to the WHO, five major parasitic disease are schistosomiasis, malaria, filariasis, African trypanosomiasis, and leishmaniasis.
  • In developing countries, due to lack of diagnostic tools, accurate and rapid diagnosis of parasitic diseases is severely compromised. Rapid test using smartphones with multiple built-in sensors offer cost-effective alternative to expensive diagnostic devices. This technique offers great potential for market growth.

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Key Drivers and Restraints of Global Parasitology Testing Market

  • Increase in cases of chronic and infectious parasitic infections is driving the parasitology testing market. According to Centers for Disease Control and Prevention (CDC), in 2017, approximately 219 million people were diagnosed with malaria. Of these, 435,000 were mortality cases in the African region. In the U.S., every year, 1,700 cases of malaria are registered.
  • As per an article published by the University of California, an estimated 10,000,000 cases of leishmaniasis and 297,600,000 cases of amebiasis are registered every year. Moreover, cases of imported parasitic diseases are influenced by various factors, such as increased international travel, risky travel patterns, changes in the purpose of travel, increased parasitic disease transmission in certain areas, and rise in drug resistance of the parasite.
  • Governments are also taking initiatives to spread awareness regarding various parasitic infections. Furthermore, government agencies are conducting campaigns for disease diagnosis or treatment in developing countries. In Japan, the Global Parasite Control Initiative was proposed and three research & training centers were established in 1998 by the Japan Government to control parasitic diseases.
  • China, with the help of the National Malaria Control Programme, has already taken measures with a low cost investment to protect the country from malaria. Moreover, China and Africa have collaborated to control and eliminate malaria in the African region. 
  • Molecular-based identification methods are highly sensitive and specific. Major disadvantages of molecular techniques including RT PCR, MALDI-TOF, is high cost of devices. This limits its utility in developing countries. Thus, high cost of detection devices restricts market growth.

Microscopic Identification Segment to Witness High Growth

  • Based on technique, the global parasitology testing market can be segmented into microscopic identification, molecular techniques, immunological techniques, rapid diagnostic tests (RDTs), and others
  • Microscopic identification is the conventional parasite detection method . Parasites are being detected using microscopes from blood smears, feces, lymph node aspirates, tissue specimens or cerebrospinal fluid samples. However, sample preparation for observation under microscope is time consuming and labor intensive. 
  • Nowadays, molecular techniques, including RT-PCR, nucleic acid-based approach, Luminex xMAP technology or gene amplification-based methods are being employed to detect parasitic morphology to enhance identification and characterization of parasites

Parasite Detection from Fecal Specimen has Significant Growth Potential

  • In terms of sample type, the global parasitology testing market can be divided into blood, urine, feces, cerebrospinal fluid (CSF), and others
  • Infection of the gastrointestinal tract, including enteritis, diarrhea, and dysentery are majorly detected from fecal identification. The sample is processed either by the flotation technique or using the sedimentation technique. The specimen is appropriate for antigen detection testing with most of kits.
  • EDI Fecal Ova/Parasite Concentration Kit offered by Epitope Diagnostics, Inc. detects parasites using microscopic examination from processed and concentrated stool samples. RTA Entamoeba histolytica-dispar-moshkovskii Multiplex Real-Time PCR Kit, manufactured by Rtalabs, is another parasite detection kit using fecal identification through Real-Time PCR device.
  • Few parasitic infections can also be detected from blood specimen. Two major types of blood tests for parasite detection are serology test and blood smear test. Malaria, lymphatic filariasis, and Toxoplasmosis can be detected from blood samples. Alere Malaria Ag P.f test, offered by Abbott, detects Plasmodium falciparum HRP-II antigen using rapid diagnostic tests.

Hospitals Segment to Lead Global Market

  • Based on end-user, the global parasitology testing market can be classified into hospitals,clinics, diagnostic centers, and ambulatory surgical centers
  • Hospitals can rapidly identify life threatening parasitic infections. Along with blood test, and fecal identification, few other detection techniques such as MRI and endoscopy can also be performed in hospitals for parasite testing.
  • A diagnostic center offers a wide scope for detection of parasite and affords facilities for a detailed medical check-up through diagnostic procedures. These are well equipped with most modern instruments. Thus, diagnostic center constitutes an important part of the health care system.

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Parasitology Testing Market in Asia Pacific to Grow Rapidly

  • In terms of region, the global parasitology testing market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is likely to witness the maximum demand for parasitology testing market from 2019 to 2027. Major manufacturers are continuously investing in research and development activities in the region due to increasing incidences of parasitic infection.
  • In November 2018, bioMérieux SA acquired Suzhou Hybiome Biomedical Engineering Co. Ltd. to increase its presence in the China immunoassay market. With this acquisition, automated immunoassay solutions offered by the company will be available to more healthcare professionals in China.
  • Investments by government bodies or organizations are also boosting market growth in the region. In 2015, in collaboration with 18 countries, the Asia Pacific Malaria Elimination Network (APMEN) committed to eliminating malaria from the region.

Key Manufacturers Operating in Global Market

The global parasitology testing market was highly fragmented in 2018. Key manufacturers operating in the global market are:

  • Hardy Diagnostics
  • TECHLAB, Inc.
  •  Thermo Fisher Scientific
  • Alpha-Tec Systems
  • Medical Chemical Corporation (MCC)
  • Creative Diagnostics
  • Diagnostic Automation/Cortez Diagnostics Inc.
  • Advy Chemical Pvt. Ltd
  • R-Biopharm AG
  • Biosynex
  • Abbott
  • BD
  • Meridian Bioscience
  • ARKRAY, Inc.
  • Tulip Diagnostics

Global Parasitology Testing Market: Research Scope

Global Parasitology Testing Market, by Technique

  • Microscopic Identification
  • Molecular Techniques
  • Immunological Techniques
    • ELISA
    • Heamagglutination Assay
    • Others
  • Rapid Diagnostic tests (RDTs)
  • Others

Global Parasitology Testing Market, by Sample Type

  • Blood
  • Urine
  • Feces
  • Cerebrospinal fluid (CSF)
  • Others

Global Parasitology Testing Market, by Product Type

  • Devices
    • PCR
    • Mass Spectrometers
    • Microscopes
    • Polystainers
    • Flow Cytometers
    • Others
  • Consumables

Global Parasitology Testing Market, by Pathogen Type

  • Protozoa
  • Helminths
  • Arthropods

Global Parasitology Testing Market, by End-user

  • Hospitals
  • Clinics
  • Diagnostic Centers
  • Ambulatory Surgical Centers

Global Parasitology Testing Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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