The increasing incidences of infectious diseases, the outbreak of the COVID-19 pandemic, and the rising emphasis of governments of different nations on strengthening biodefense are the key factors driving
Market Size – USD 3.80 Billion
in 2019, Market Growth - CAGR of 5%, Market Trends – The growing demand
for biosurveillance in medical settings for managing outbreaks like the
COVID-19.
The Global Biosurveillance
Market size is forecast to reach USD 5.62 Billion USD 3.80 Billion
in 2019, to deliver a CAGR of 5% through 2027. The market growth is driven by
the outbreak of deadly viruses and infections like the H1N1 Influenza outbreak,
anthrax attacks, and SARS outbreak, creating an imminent need for preparedness
in cases of bioterrorism.
Biosurveillance is an active
data-gathering with appropriate analysis as well as interpretation of biosphere
data related to disease activity and threats to animal or human health. These
threats could be infectious, metabolic, toxic, of natural origin, or otherwise.
Biosurveillance is integral to the process of achieving early warning of such
health threats, early detection and management of health events, and awareness
of disease activity. It enables early detection of disease outbreaks and
provides the public and decision-makers with accurate and timely information to
prevent, manage, or mitigate disease outbreaks. The rising incidence of chronic
infections and disease outbreaks will foster the biosurveillance market
share.
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In the COVID-19 situation,
biosurveillance has aided several regional governments to ascertain individuals
who may have the virus remain isolated from the rest to contain the disease
spread. The benefits offered by the technology to monitor the entire population
in cases of pandemics will bolster the global biosurveillance market growth
over the forecast period.
Further
key findings from the report suggest
- Based on type, the syndromic surveillance
segment accounted for 40% of the biosurveillance market share in 2019 and
is estimated to generate major revenue growth through 2027 due to its wide
application in the public health sector. The syndromic surveillance turns
quite effective for health departments to identify the disease incidence
rate prior to any formal diagnosis. This has also aided in responding to
the outbreaks like COVID-19 in an effective manner across several
countries.
- In terms of technology & equipment, the
detection technology & equipment segment accounted for nearly 45% of
the biosurveillance market share in 2019 and is set to witness substantial
growth over the forecast period on account of increasing emphasis on
surveillance for the early detection of health events and detection of a
disease outbreak. Some of the significant and widely used detection
technology & equipment are Autonomous Pathogen Detection System, the
Joint Biological Agent Identification and Diagnostic System (JBAIDS),
Biological Materials, CANARY, and MASINTCell, among others.
- On the basis of application, the human and
animal populations segment accounted for 40 % of the biosurveillance
market share in 2019 and is likely to witness major growth through 2027
due to the fact that biological attacks like anthrax or major disease
outbreak like COVID-19 or attacks have a direct impact on the human population,
which makes surveillance on human and animal population to control such
outbreaks.
- The medical intelligence segment is
estimated to contribute significantly to the biosurveillance market
revenue share and is set to exhibit a growth rate of 6 % during the
forecast period.
- In the regional landscape, North America
dominated the landscape with 35 % of the market share in 2019 and is
estimated to witness major growth through 2027 due to technological
advancements and a huge amount of funding allocated to biosurveillance
& biodefense in the region. As of 15th October 2020,
there were 8,150,383 COVID-19 cases in the U.S., which has further created
lucrative opportunities for regional industry growth.
- Key participants in the global
biosurveillance market include Bitscopic, NanoViricides, Inc., Hawkeye
Systems, Inc., Co-Diagnostics, Inc., Novavax, Inc., Gilead Sciences,
Dynport Vaccine Company LLC, Bavarian Nordic, Cleveland Biolabs, and
B.Ichor Medical Systems, among others
- In 2020, the Chinese government joined
hands with tech giants Alibaba and Tencent for developing a color-coded
health rating system for tracking millions of people daily to contain the
COVID-19 spread.
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For the purpose of this report,
Reports and Data has segmented the biosurveillance market on the basis of Type,
Technology & equipment, End-user, Application, End-use, and region:
Type Outlook (Revenue, USD
Billion; 2017-2027)
- Syndromic Surveillance
- Alternative Surveillance Systems
- Laboratory Surveillance
- Environmental Surveillance
Technology & equipment
Outlook (Revenue, USD Billion; 2017-2027)
- Biocontainment technology & equipment
- Detection technology & equipment
- Protection technology & equipment
Application Outlook (Revenue,
USD Billion; 2017-2027)
- Human and animal populations
- Water
- Food
- Agriculture
- Environment
End-use Outlook (Revenue, USD
Billion; 2017-2027)
- Biosurveillance
- Threat reduction
- Biosecurity
- Disaster response
- Medical intelligence
End-user Outlook (Revenue, USD
Billion; 2017-2027)
- Government administrative bodies
- Research organizations
- Healthcare organization and laboratory
- Government contractors
- Academic centers and think tanks
Regional Outlook (Revenue, USD
Billion; 2017-2027)
- North America
- U.S
- Europe
- U.K
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
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Major Points covered in this
report are as below:
·
The
Biosurveillance industry development trends and marketing channels are
analyzed. The feasibility of new investment projects are assessed and overall
research conclusions offered.
·
With
the tables and figures, the report provides key statistics on the state of the
industry and is a valuable source of guidance and direction for companies and
individuals interested in the market.
·
Development
policies and plans, manufacturing processes and cost structures are also
analyzed. This report also states import/export consumption, supply and demand
figures, cost, price, revenue and gross margins.
·
The Biosurveillance Market report provides key statistics on
the market status of the Biosurveillance manufacturers and is a valuable source
of guidance and direction for companies and individuals interested in the
industry.
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technology
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Biosurveillance Market Segmentation & Impact
Analysis
4.1. Biosurveillance Market
Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market
indicators analysis
4.2.2. Market
drivers analysis
4.2.2.1. The increasing occurrence rate of infectious diseases
4.2.2.2. The rising emphasis of governments of different nations
on strengthening biodefense
4.2.2.3. COVID-19 pandemic
4.2.3. Market
restraints analysis
4.2.3.1. Lack of required infrastructure in developing nations
4.2.3.2. Limited studies on practice of bioterrorism surveillance
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space
Analysis
4.8. Price Trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence
Chapter 5. Biosurveillance Market By Type Insights &
Trends
Continued….
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