Biosurveillance Market To Reach USD 5.62 Billion By 2027
Market Summary The increasing occurrence rate of infectious diseases, the rising emphasis of governments of different nations on strengthening biodefense, and the COVID-19 pandemic are boosting the Biosurveillance market. Market Size – USD 3.80 Billion in 2019, Market Growth - CAGR of 5.0%, Market Trends – The rising demand for Biosurveillance for managing COVID-19 outbreak The Global Biosurveillance market is forecast to reach USD 5.62 Billion by 2027, according to a new report by Reports and Data. The recent H1N1 Influenza outbreak, SARS outbreak, and anthrax attacks in 2001 have made the government of various nations realize the importance of surveillance methods as an essential element of preparedness for bioterrorism. The resulted increasing investment in the sector is acting as a growth factor for the expansion of the market. Further key findings from the report suggest : • In regards to Type, the Syndromic Surveillance segment held a significance share of more than 40.0% the in 2019. • In context to Technology & Equipment, the Detection technology & equipment segment held a considerable share of the market of more than 0% in 2019. • In context to Application, the Human and animal populations segment held a considerable share of the market of more than 40.0% in 2019. www.reportsanddata.com
Key Players: Bitscopic, Hawkeye Systems, Inc., NanoViricides, Inc., Co-Diagnostics, Inc., Gilead Sciences, Inc., Novavax, Inc., Dynport Vaccine Company LLC, B.Ichor Medical Systems, Bavarian Nordic and Cleveland Biolabs. Segmentation: • Type Outlook (Revenue, USD Billion; 2017-2027) Syndromic Surveillance Alternative Surveillance Systems Laboratory Surveillance Environmental Surveillance •
Application Outlook (Revenue, USD Billion; 2017-2027) Human and animal populations Water Food Agriculture Environment
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Regional Biosurveillance Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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