Canada Neglected Tropical Diseases Diagnosis Market Size & Outlook
Canada neglected tropical diseases diagnosis market, 2018-2030 (US$M)
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Canada neglected tropical diseases diagnosis market highlights
- The Canada neglected tropical diseases diagnosis market generated a revenue of USD 30.2 million in 2023 and is expected to reach USD 35.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 2.2% from 2024 to 2030.
- In terms of segment, soil-transmitted helminthiases was the largest revenue generating disease in 2023.
- Leishmaniases is the most lucrative disease segment registering the fastest growth during the forecast period.
Neglected tropical diseases diagnosis market data book summary
| Market revenue in 2023 | USD 30.2 million |
| Market revenue in 2030 | USD 35.1 million |
| Growth rate | 2.2% (CAGR from 2023 to 2030) |
| Largest segment | Soil-transmitted helminthiases |
| Fastest growing segment | Leishmaniases |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dengue, Chikungunya, Rabies, Leprosy, Buruli ulcer, Yaws, Lymphatic Filariasis, Taeniasis/Cysticercosis, Foodborne Trematode Infections, Echinococcosis, Chagas disease, Dracunculiasis, Human African Trypanosomiasis (sleeping sickness), Soil-transmitted Helminthiases, Onchocerciasis, Schistosomiasis, Scabies and Other Ecoparasites, Snakebite Envenoming, Leishmaniases |
| Key market players worldwide | Roche, Abbott Laboratories, Thermo Fisher Scientific Inc, Eurobio-Scientific, Omega Laboratories, Avacta Group PLC, Oscar Health Inc Class A, ZeptoMetrix, InBios, DiaSys Diagnostic Systems |
Other key industry trends
- In terms of revenue, Canada accounted for 0.5% of the global neglected tropical diseases diagnosis market in 2023.
- Country-wise, Brazil is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. neglected tropical diseases diagnosis market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 35.1 million by 2030.
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Neglected Tropical Diseases Diagnosis Market Scope
Neglected Tropical Diseases Diagnosis Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada neglected tropical diseases diagnosis market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to neglected tropical diseases diagnosis market will help companies and investors design strategic landscapes.
Soil-transmitted helminthiases was the largest segment with a revenue share of 9.6% in 2023. Horizon Databook has segmented the Canada neglected tropical diseases diagnosis market based on dengue, chikungunya, rabies, leprosy, buruli ulcer, yaws, lymphatic filariasis, taeniasis/cysticercosis, foodborne trematode infections, echinococcosis, chagas disease, dracunculiasis, human african trypanosomiasis (sleeping sickness), soil-transmitted helminthiases, onchocerciasis, schistosomiasis, scabies and other ecoparasites, snakebite envenoming, leishmaniases covering the revenue growth of each sub-segment from 2018 to 2030.
The prevalence of NTDs is relatively low in Canada in comparison with other Asian and African countries. According to PLOS Neglected Tropical Diseases, among NTDs, only echinococcosis, rabies, and scabies are considered endemic in Canada.
In addition, increasing immigration is one of the crucial factors responsible for its increased growth rate. According to CCIRC, Inc., around 330,800 in 2019, 341,000 in 2020, and 350,000 in 2021 immigrants were recorded in Canada.
Furthermore, drastic weather changes in Canada are expected to positively impact overall market growth. These factors are responsible for its increased market share over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada neglected tropical diseases diagnosis market , including forecasts for subscribers. This country databook contains high-level insights into Canada neglected tropical diseases diagnosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada neglected tropical diseases diagnosis market size, by disease, 2018-2030 (US$M)
Canada Neglected Tropical Diseases Diagnosis Market Outlook Share, 2023 & 2030 (US$M)
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