Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Meningitis Diagnosis and Treatment Market has shown remarkable upsurge as a result of the criticality in timely and accurate detection of meningitis disease conditions. Meningitis is an inflammation of the meninges, the protective membranes covering the brain and spinal cord that need to be diagnosed promptly as it can become severe or even deadly. The market provides different types of diagnostic tools and therapeutic alternatives for treating cases of meningitis including viral, bacterial, fungal.
Most significantly, Diagnostic advancements have played a major role in driving Meningitis Diagnosis and Treatment Market. Quick diagnosis is necessary for effective management of meningitis; hence technological advancement has led to faster diagnostics with more precision Polymerase Chain Reaction (PCR) tests, cerebrospinal fluid (CSF) analysis, magnetic resonance imaging (MRI), computed tomography scans are among key diagnosing instruments contributing to market growth. These technologies make it easier for doctors to identify causes hence better treatment planning.
Especially for bacterial meningitis, there has been a strong focus by the market due to its rapid progression and very serious consequences which may arise from this disease. The increasing prevalence rates of bacterial meningitis accompanied by the antibiotic resistant strains have emphasized on necessary robust diagnostic methods required for early identification. Moreover, advances have also been made in antibiotic therapies for bacterial meningitis market targeting resistance strains so as to provide more effective interventions.
Similarly, vaccination campaigns and immunizations effort significantly influence Meningitis Diagnosis and Treatment Market through prevention against some types of meningitis. Decline in numbers of meningitis cases amongst others; due introduction vaccines against common causative agents like Neisseria meningitidis and Streptococcus pneumoniae changed the market condition Vaccination programs are part of routine immunization activities which were implemented while there was increased public awareness concerning importance vaccinations thus reducing burden presented by meninigities notably on suscepetible subgroups like children adolescents.
However, this is not to mean that Meningitis Diagnosis and Treatment Market has had a smooth sailing all through. There are diagnostic problems in viral meningitis which is generally less severe compared to bacterial meningitis, because of its different causes and symptoms. To get the right treatment it is important to differentiate between viral and bacterial meningitis. Additionally, issues such as absence of healthcare infrastructure especially in low resource settings can impede access to timely diagnosis and treatment of meningitis cases.
Meningitis Diagnosis and Treatment Market Highlights:
Meningitis Diagnosis and Treatment Market Overview
The Meningitis Diagnosis and Treatment Market size is expected to rise to a valuation of USD 185 million by 2030, rising at 4.1% CAGR over the forecast period from 2022 to 2030. The market of meningitis diagnosis and treatment is mainly driven by the growing prevalence of meningitis as well as the increasing efforts to combat the disease, including efforts to reduce the incidence of the disease as well as efforts to manage the disease better. The growing scope of the healthcare sector in emerging regions is likely to be a major market driver for the meningitis diagnosis and treatment report over the forecast period.
Competitive Analysis
Leading players in the market include B. Braun Melsungen AG, Sanofi, Pfizer Inc., Siemens Healthcare Private Limited, GlaxoSmithKline plc, Merck KGaA, Baxter, Abbott, Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Quest Diagnostics Inc., Luminex Corporation, F. Hoffman-La Roche Ltd., Cepheid, and Pfizer Inc., hold dominant shares in the market.
- A study conducted at the University of Liverpool found in June 2018 that viruses are the most common cause of meningitis in the UK. Such studies are likely to be important for the growth of the meningitis diagnosis and treatment industry over the forecast period.
- In February 2019, researchers from the Pediatric Emergency Care Applied Research Network developed a new protocol that allows doctors to rule out the worst possibilities in patients below the age of 2 months, which eliminates the need for spinal tap procedures and antibiotics treatments, which can prove troublesome for the immune system of newborns.
Market Dynamics
The growing prevalence of viral and bacterial meningitis is likely to be a major driver for the meningitis diagnosis and treatment market over the forecast period. Meningitis is a pathogenic inflammation that affects the brain and spinal cord and can result in symptoms such as neck pain, fever, and headache. The disease can be fatal if allowed to develop and timely intervention is needed to keep the disease in check. The growing prevalence of pathogenic infections is likely to be a key market driver for the meningitis diagnosis and treatment over the forecast period.
The rising demand for point of care diagnostic services, especially for chronic diseases, is also likely to be a major driver for the growth of market over the forecast period.
On the other hand, the lack of awareness about meningitis in developing regions and the possibility of harmful side effects of antibiotics are likely to hold back the market growth over the forecast period.
Segmentation
The meningitis diagnosis and treatment market is segmented on the basis of disease type, service, end user, and region.
The market segment of meningitis diagnosis and treatment, By disease type bacterial meningitis, viral meningitis, fungal meningitis, and others. Both viral and bacterial meningitis segments accounted for more than 40% of the meningitis diagnosis and treatment market in 2017 and are likely to dominate the meningitis diagnosis and treatment industry over the forecast period. The viral meningitis segment accounted for the largest market share of the meningitis diagnosis and treatment market in 2017.
By Treatment and Diagnosis the market is segmented into diagnosis, treatment. The treatment segment is sub-segmented into antibiotics, steroids, antifungal drugs, and others, while the diagnosis segment is subdivided into blood tests, imaging, lumbar puncture, and others. Treatment accounted for a larger share in the of meningitis diagnosis and treatment, and is expected to grow at the highest CAGR over the forecast period.
The market segment of meningitis diagnosis and treatment, By end user are hospitals & clinics, diagnostic centers, and others. The hospitals and clinics segment accounted for the largest market share of the meningitis diagnosis and treatment market. The segment is also expected to exhibit the fastest CAGR over the forecast period due to the growing demand for advanced meningitis diagnosis and treatment procedures in hospitals and clinics.
Regional Analysis
The Americas and Europe segments dominate the meningitis diagnosis and treatment market, holding first and second place in the global market, respectively. Moreover, Asia Pacific accounts for a significant market share of meningitis diagnosis and treatment. Also, the Asia Pacific market is expected to exhibit the highest CAGR of 4.07% over the forecast period due to the growing awareness about meningitis and the growing financial capacity of the healthcare sector in the region.
Market of Meningitis Diagnosis and Treatment, by Region
- Americas
- North America
- US
- Canada
- Latin America
- Europe
- Western Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Western Europe
- Eastern Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- The Middle East & Africa
- Middle East
- Africa
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
